Hydrafacial SPAC Presentation Deck
TRANSACTION OVERVIEW
($ IN MILLIONS)
Sources
Vesper Cash in Trust
PIPE Investment
Sellers Equity
Total
Uses
Cash to Balance Sheet
Debt Repayment
Sellers Equity
Secondary Proceeds
Estimated Transaction Costs & Expenses
Total
Ⓡ
●
ADDITIONAL TRANSACTION DETAILS
Pro forma enterprise value of $1.14bn
$350mm pipe raised at $10 per share
Transaction expected to close in the first half of 2021
$ 460
350
315
$ 1,125
$100
245
315
415
50
$ 1,125
(1)
Pro Forma Valuation
Share Price
Pro Forma Shares Outstanding
Equity Value
(+) Debt
(-) Pro Forma Cash
Enterprise Value
Note: Assumes no redemptions from Vesper's existing public shareholders. Excludes the impact of Vesper's warrants. (1) Excludes any impact of earnouts.
existingi
25%
OWNERSHIP POST-BUSINESS COMBINATION
28%
■SPAC Shareholders
■ PIPE Investment
37%
$10.00
124.0
$ 1,240
9%
0
(100)
$ 1,140
■SPAC Management Shares
Sellers Rollover Equity
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