Corecentric SPAC slide image

Corecentric SPAC

Transaction summary Corcentric Doug Clark Founder, CEO, and Chairman Matt Clark President and COO Tom Sabol CFO Mark Joyce EVP and Chief Accounting Officer North Mountain Merger Corp. Chuck Bernicker CEO, President, and Director Nick Dermatas CFO and Secretary Transaction highlights Overview Valuation PF Capital Structure Ownership¹ +North Mountain Merger Corp. (NASDAQ: NMMC) is a publicly-listed special purpose acquisition company with $132mm in cash + $50mm PIPE is being raised in support of the transaction Pro forma enterprise value of $1,200mm, which represents 8.1x 2022E adjusted revenue of $149mm + Implied market cap¹: $1,101mm Debt: $146mm² Cash: $48mm² +81.1% existing shareholders; 14.4% SPAC public shareholders and founder shares; 4.5% PIPE investors Note: Figures may not sum due to rounding. (1) Includes 89.3mm Corcentric shares, 13.2mm NMMC common shares, 5.0mm PIPE shares, and 2.6mm NMMC sponsor shares (excludes 2.1mm corcentric NMMC sponsor shares subject to price vesting conditions); Excludes tranches subject to time triggers and early price releases; (2) Includes Corcentric existing cash of $18mm and existing debt of $146mm as of 6/30/2021 4
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