Investor Presentaiton
Preliminary transaction structure
19
.
•
Pre-transaction
Yubico's pre-money valuation of USD
800m (c. SEK 8.3bn²)
Pre-money valuation of Yubico's common
shares of SEK 494 per share
ACQ SPAC funds of c. SEK 3.5bn as of 14
April 2023
.
•
ACQ acquires Yubico through merger
Consideration consisting of 42% cash (SEK
208 per Yubico share) and 58% shares (2.9
ACQ shares per Yubico share)
The majority of Yubico shareholders to
remain shareholders, incl. founders and all
institutional investors
•
The combined company is expected to have
a strong financial position
•
•
Post transaction structure
Listed at Nasdaq First North Growth
Market with the ambition to change to
Nasdaq Main Market within 12-18 months
ACQ owners will hold c. 40% of the
shares. Co-founders will hold c. 10% and
Bure c. 17% in the combined company
Estimated Yubico's post-money valuation³
of c. SEK 8.6bn
yubico
ACQ
yubico
+
ACQ
NASDAQ OMX®
FIRSTNORTH
yubico
Notes: 1) The valuation of the company before any new cash from investors has been injected; 2) USD/SEK FX rate of 10.37 per average FX-rate during 11-14 April, 2023; 3) The valuation of the company after new cash from investors has been injected which is
dependent e.g. on strike subscription from current option holdersView entire presentation