Newsight Imaging SPAC Presentation Deck slide image

Newsight Imaging SPAC Presentation Deck

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) 19,702,116 Shares Outstanding % of Outstanding Fully-Diluted Shares 1,428,580 10,120,000 2,530, 472,700 3,000,000 52.9% 37,253,396 3.8% 27.2% 6.8% 1.3% 8.1% 0.0% 0.0% 0.0% Introducing Newsight 0.0% 0.0% 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 19,702,116 Public warrants (10) Private warrants (10) Options Pre-listing Warrants (3) PIPE Warrants (2) Total shares outstanding 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) 1,428,580 10,120,000 2,530,000 472,700 3,000,000 2,740,833 128,023 1,379,367 714,289 541,667 42,757,575 Fully-Diluted % 46.1% 3.3% 23.7% 5.9% 1.1% 7.0% 0.0% 6.4% 0.3% 3.2% 1.7% Financial Summary 1.3% 100.0% Transaction & Value Proposition 35
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