WeWork Results Presentation Deck
Ownership and capitalization overview
Ownership at closing(1)
WeWork
Stockholders,
80.8%
BowX Public Shares, 4.6%
BowX Founder Shares, 1.3%
C&W Backstop Shares, 2.1%
1.
2.
3.
PIPE Shares, 11.2%
SoftBank Group affiliates: 44.7%
SoftBank Vision Fund affiliates: 11.3%
Adam Neumann & affiliated entities: 10.9%
All Other WeWork Stockholders: 13.9%
Final transaction terms
$1,283m total gross cash proceeds
- $800m PIPE proceeds
$333m SPAC trust proceeds
- $150m Cushman & Wakefield backstop investment
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Share count at closing
716 million shares outstanding(2)
• 793 million fully diluted shares outstanding(3)
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Note: Please refer to the "Beneficial Ownership of Securities" section and Exhibit 99.2 in the Super 8-K filed 10/27/21 for further detail.
Ownership percentages based on 716M outstanding shares only; excludes the impact of outstanding stock options, restricted stock units and common stock warrants
Includes 20m Class C common shares
Includes 716 million total shares outstanding and 77 million stock options, restricted stock units and common stock warrants
10 | wework
Ⓒ2021 WeWork. Confidential.View entire presentation