Cannae SPAC Presentation Deck
3 Cannae returns since inception
$16.54
Growth of one share of Cannae since inception
Cannae shareholders have realized a -14% CAGR since 7/1/2014 accounting for all spin-offs and distributions (1)
JUL
2014
December 31,
2014
Cannae completes
the
spin-off of Remy.
Cannae shareholders
received
0.17879 shares of
Remy
per share of Cannae
September 29, 2015
Cannae completes the spin-off of
J. Alexander's. Cannae
shareholders received 0.17272
shares of JAX
per share of Cannae (2)
November 10, 2015
Remy acquired by
BorgWarner for $29.50 per
share in cash (3)
CANNAE
HOLDINGS, INC.
Remy
INTERNATIONAL, INC.
STOCK PRICE
Remy
INTERNATIONAL, INC.
PROCEEDS FROM SALE
Note: Assumes shares of Remy and J. Alexander's continued to be held after spin-off from Cannae. Market data as of 8/5/2021. Past stock performance may not be indicative of future stock performance.
(1) Calculated using a starting price of $16.54 on 7/1/14 for FNFV tracking stock and an ending price of $40.13 on 8/5/2021.
(2) Proceeds from the 9/29/15 spin-off of J. Alexander's are calculated by taking the 0.17272 JAX shares received by Cannae shareholders per share of Cannae, multiplied by the JAX share price.
(3)
Proceeds from the 11/10/15 sale of of Remy to Borg Warner are held constant at $5.27 per Cannae share. The $5.27 value represents the per share purchase price of $29.50 multiplied by 0.17879, which represents the Remy shares
received by Cannae shareholders per Cannae share in connection with the spinoff of Remy.
CH
J. ALEXANDER'S®
CANNAE
HOLDINGS, INC.
8/5/2021
$40.13
-14% CAGR
August
2021
CANNAE HOLDINGS INVESTOR PRESENTATION AUGUST 2021 9View entire presentation