Fast Radius SPAC Presentation Deck slide image

Fast Radius SPAC Presentation Deck

Appendix A Transaction priced at a discount to selected peer multiples Implied EV based on selected comparable companies trading ($ in millions) Implied multiples Valuation approach Mid-point represents -410% upside to transaction value EV / CY 2025E Revenue Implied future EV ■ $6,346 $3,807 6.0x - 10.0x Mid-point represents Implied discounted EV (Discount rate: 20%) -195% upside to transaction value $3,672 $2,203 3.5x − 5.8x Transaction value Implied post-money EV Source: Fast Radius' projections based on management estimates; peer projections based on company filings and FactSet as of June 1, 2021. FR FAST RADIUS. © 2021 Fast Radius, Inc. All rights reserved. Confidential - Not for Distribution $995 1.6x Using a future valuation date of 6/30/2024, Fast Radius is valued by applying 2025E revenue of $635m to an EV/ NTM revenue multiple of 6.0 10.0x based on peer multiples to arrive at an implied future EV ▪ The implied future EV is then discounted at a 20% discount rate over a 3-year period to arrive at an implied present value, which we believe to be appropriate and implies an attractive valuation entry point relative to other recent and successful Industry 4.0 de-SPAC transactions 66
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