Berkshire Grey SPAC Presentation Deck
Transaction Highlights
Berkshire
Grey
Transaction
Structure (1)
Valuation
Expected
Capital
Structure
Ownership
BG
▪ Pure play robotics company offering software-enabled, full spectrum solutions that change the
automation paradigm across markets
■
▪ Business combination of Berkshire Grey with Revolution (Nasdaq: RAAC)
▪ Revolution is a publicly listed special purpose acquisition company with $288 million cash held in trust
▪ PIPE size of $165 million
▪ $2.2 billion pro forma enterprise value
Attractively valued entry multiple for high growth business
I
Helping customers succeed in the warehouse automation and fulfillment market through intelligent
and connected automation
▪ $507 million cash on balance sheet, no debt(¹)
▪ Fully funded to cash flow profitability in 2024
■
■
Existing Berkshire Grey shareholders will be rolling 100% of their equity
Implied ownership of Berkshire Grey shareholders of 82%
BERKSHIRE Note:
GREY
(1)
See page 38 for a detailed transaction overview.
Assuming no redemptions.
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