Newsight Imaging SPAC
Underwriter IPO shares
Highlights
PRO FORMA CAPITALIZATION
Pro Forma Ownership Post-Closing 1
Security Holders
Rollover equity shares for Company shareholders(3, 4)
Pre-Transaction Financing Shares
SPAC public shareholders (7,8, 9)
SPAC sponsor promote
SPAC private placement shares
SPAC PIPE shares (2)
Public warrants (10)
Private warrants (10)
Options
Pre-listing Warrants (3)
PIPE Warrants (2)
Total shares outstanding
2,530,000
Shares Outstanding % of Outstanding Fully-Diluted Shares
19,620,037
1,394,720
10,120,000
472,700
3,000,000
37,137,007
52.8%
3.8%
27.3%
6.8%
1.3%
8.1%
0.0%
0.0%
0.0%
0.0%
0.0%
Introducing
Newsight
0.0%
100.0%
Newsight
Organization
(6) Assumes that there are no new awards under any new Combined Company equity incentive plan. Assumes that there are no adjustments to the transaction consideration.
(7) Assuming a redemption price per share of $10.00
(8) Assumes no public investors redemptions
(9) Original IPO $101,200,000 and current cash balance in trust of US$102,718,000
(10) Assumes cashless exercise of warrants at $18 price
19,620,037
1,394,720
10,120,000
2,530,000
472,700
3,000,000
2,740,833
128,023
1,373,621
697,135
541,667
42,618,286
Notes:
(1) the amount from the various sources of cash may change based on (i) the amount of public stockholder redemptions prior to closing (ii) investor interest in the acquisition and (iii) the then current markets for equity and debt financing.
(2) Assumes $30 million PIPE at US$10 for unit and ½ warrant at 15% premium
(3) Assumes pre-transaction financing of US$10 million
(4) Assumes pre-transaction valuation of target company at $215,000,000
(5) includes deferred IPO fees and underwriter business combination fee, working capital account, does not include additional fees from service providers at closing (such as legal, audit, and financial advisors)
Fully-Diluted %
46.0%
3.3%
23.7%
5.9%
1.1%
7.0%
0.0%
6.4%
0.3%
3.2%
1.6%
Financial
Summary
1.3%
100.0%
Transaction & Value
Proposition
35View entire presentation