Acies SPAC Presentation Deck
Illustrative Offering Summary
Acies Acquisition Corp.
Live, location-based and mobile experiential entertainment industries
Issuer
Focus Sector
Base Offering Size
Securities Offered
Warrant Terms
Amount Held in Trust
"At-Risk" Capital
Working Capital and
Expenses
Sponsor Promote
Acquisition Period
Sponsor Lock-Up
Bookrunners
Pricing Date
$200,000,000
20,000,000 units (plus 3,000,000 units if the over-allotment is exercised in full)
▪ Unit consisting of 1 Class A ordinary share and one-third of one redeemable warrant exercisable for 1 Class A ordinary share
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6,666,667 public warrants (7,666,667 public warrants if the over-allotment is exercised in full)
5 year life after initial business combination, or earlier upon redemption or liquidation
$11.50 strike, 5 year expiry post business combination
Forced conversion or redemption when Class A ordinary shares equal or exceed $18.00 per share
▪ Forced conversion or redemption when Class A ordinary shares equal or exceed $10.00 per share, provided that holders may cashless exercise into
additional Class A ordinary shares based on fair market value make-whole grid
100% of offering proceeds
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A
$6,500,000 (4,333,333 warrants purchased at $1.50 per warrant); $7,100,000 (4,733,333 warrants purchased at $1.50 per warrant) if the over-
allotment is exercised in full
Approximately $1,500,000 to be used for working capital post-closing (cash held outside trust)
Approximately $1,000,000 allocated for offering expenses
5,000,000 Class B ordinary shares (5,750,000 shares if the over-allotment is exercised in full), which will equal 20% of the outstanding ordinary
shares upon completion of the offering
24 months (or 27 months if Acies has executed a letter of intent, agreement in principle or definitive agreement within 24 months)
Standard lock-up expires 1 year post-combination or if shares trade above $12.00 for 20 out of 30 trading day period beginning 150 days post-
combination
Morgan Stanley, JP Morgan, Oppenheimer & Co.
Thursday, October 22nd, 2020 (post-close)
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