Plastiq SPAC Presentation Deck
IQ
Risks Related to the Business Combination Transaction
Subsequent to the completion of the transaction, the combined company may be required to take write-downs or write-offs, restructuring and impairment or other charges that
could have a significant negative effect on its financial condition, results of operations and the combined company's share price, which could cause you to lose some or all of your
investment.
51.
52.
53.
54.
55.
56.
57.
58.
59.
60.
61.
The transaction may be completed even though material adverse effects may result from the announcement of the business combination, industry-wide changes and other causes.
Delays in completing the business combination may substantially reduce the expected benefits of the transaction.
The ability of Colonnade's shareholders to exercise redemption rights with respect to a large number of outstanding shares of common stock could increase the probability that the
transaction would not occur or reduce the combined company's cash and liquidity.
Current Colonnade shareholders will own a smaller proportion of the post-closing company than they currently own of Colonnade. In addition, following the closing of the
transaction, Colonnade may issue additional shares or other equity securities without the approval of its shareholders, which would further dilute the ownership interests and may
depress the market price of its shares.
Certain factors may have a material adverse effect on our business, financial condition and results of operations. The risks and uncertainties described above are not the only ones
we face. Additional risks and uncertainties that we are unaware of, or that we currently believe are not material, may also become important factors that adversely affect our
business. If any of these risks actually occurs, our business, financial condition, results of operations and future prospects could be materially and adversely affected. In that event, the
trading price of our common stock following the transaction could decline, and you could lose part or all of your investment.
The process of taking a company public by means of a business combination with a special purpose acquisition company is different from taking a company public through an
underwritten offering and may create risks for our unaffiliated investors.
Uncertainties about the business combination during the pre-closing period may cause a loss of key management personnel and other key employees.
A market for the combined company's shares may not develop or be sustained, which would adversely affect the liquidity and price of the combined company's shares.
Colonnade and Plastiq will incur significant transaction and transition costs in connection with the proposed business combination and the combined company will incur increased
costs as a result of operating as a public company and its management will devote substantial time to new compliance initiatives.
The sponsor of Colonnade has agreed to vote in favor of the business combination, which will increase the likelihood that Colonnade will receive the requisite stockholder approval
for the business combination and the transactions contemplated thereby regardless of how Colonnade's public shareholders vote.
36View entire presentation