Dragonfly Energy SPAC Presentation Deck
Disclaimer (4/6)
dragonfly
Use of Projections
This Presentation may contain financial forecasts of Dragonfly. Neither Dragonfly's independent auditors, nor the independent registered public accounting firm of CNTQ, audited,
reviewed, compiled or performed any procedures with respect to the projections for the purpose of their inclusion in this Presentation, and accordingly, neither of them expressed
an opinion or provided any other form of assurance with respect thereto for the purpose of this Presentation. These projections are forward-looking statements and should not be
relied upon as being necessarily indicative of future results. The projected financial information contained in this Presentation constitutes forward-looking information. The
assumptions and estimates underlying such projected financial information are inherently uncertain and are subject to a wide variety of significant business, economic, competitive
and other risks and uncertainties that could cause actual results to differ materially from those contained in the prospective financial information. See "Forward-Looking Statements"
above. Accordingly, there can be no assurance that the prospective results are indicative of future performance Dragonfly or that actual results will not differ materially from the
results presented in the prospective financial information contained in this Presentation. Actual results may differ materially from the results contemplated by the projected financial
information contained in this Presentation. The inclusion of such information in this Presentation should not be regarded as a representation by any person that the results reflected
in such projections will be achieved.
Financial Information; Non-GAAP Measures
Certain financial information and data contained in this Presentation is unaudited and may not conform to Regulation S-X. Such information and data may not be included in, may
be adjusted in or may be presented differently in the registration statement to be filed relating to the proposed Transaction and the proxy statement/prospectus contained therein.
This Presentation also includes certain financial measures not presented in accordance with generally accepted accounting principles ("GAAP") including, but not limited to,
Adjusted EBITDA. These non-GAAP financial measures, and other measures that are calculated using these non-GAAP measures, are not measures of financial performance in
accordance with GAAP and may exclude items that are significant in understanding and assessing the Company's financial results. Therefore, these measures should not be
considered in isolation or as an alternative to net income, cash flows from operations or other measures of profitability, liquidity or performance under GAAP. You should be aware
that the Company's presentation of these measures may not be comparable to similarly-titled measures used by other companies. The Company believes these non-GAAP
measures of financial results provide useful information to management and investors regarding certain financial and business trends relating to the Company's financial condition
and results of operations. CNTQ and the Company believe that the use of these non-GAAP financial measures provides an additional tool for investors to use in evaluating ongoing
operating results and trends and in comparing the Company's financial measures with other similar companies, many of which present similar non-GAAP financial measures to
investors. These non-GAAP financial measures are subject to inherent limitations as they reflect the exercise of judgments by management about which expense and income are
excluded or included in determining these non-GAAP financial measures.
This Presentation may also include certain projections of non-GAAP financial measures. Due to the high variability and difficulty in making accurate forecasts and projections of
some of the information excluded from these projected measures, together with some of the excluded information not being ascertainable or accessible, the Company is unable to
quantify certain amounts that would be required to be included in the most directly comparable GAAP financial measures without unreasonable effort. Consequently, no
reconciliation of the forward-looking non-GAAP financial measures is included.
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