Helbiz SPAC Presentation Deck
Indicative
Transaction Overview
Key Metrics:
Expected pro forma enterprise value of
$320.5 million at closing
ā
Implied pro forma enterprise value of 1.9x
2022E revenue and 7.1x 2022E ebitda
Profitability expected in 2021
Pro-Forma Enterprise Value
In millions except share price
Shares Outstanding
Share Price
Equity Value
(+) debt
(-) cash
Enterprise Value
HELBIZ
40.8
$10.00
$408
7.5
$80
$320.5
Sources
GV trust
Helbiz
PIPE Financing
Total Sources
Sources
Helbiz
73.6%
$M
57.5
300
30
387.5
Uses
Equity Issued to Helbiz
Estimated Transaction Fees
Remaining Cash
Total Uses
Pro-Forma Ownership at Closing
Uses
PIPE
7.4%
GV public shares + rights
19.0%
Notes: Included $30 Million PIPE. Assumes no redemptions from GreenVision existing public shareholders. Excludes the impact of GreenVision 5.75 m warrants with a strike price of $11.50 and
outstanding compensatory equity awards
$M
300
7.5
80
387.5
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