MariaDB SPAC Presentation Deck slide image

MariaDB SPAC Presentation Deck

TRANSACTION SUMMARY Sources and Uses Sources ($) Cash Held in SPAC Trust¹ Equity Bridge Proceeds PIPE Proceeds Total Sources Uses ($) Debt Repayment Cash to MariaDB Balance Sheet Transaction Fees & Expenses Total Uses $265.0 104.0 18.2 $387.2 $21.6 316.7 48.9 $387.2 Pro Forma Valuation ($mm other than share price) Share Price at Merger PF Shares Outstanding (mm)2,3 (4) Assumes EIB Loan (Tranche 2) of €15.0mm remains outstanding. (5) Represents cash balance as of 11/1/2021, plus cash to MariaDB balance sheet in the transaction. Equity value Debt Outstanding4 Less: Cash on MariaDB Balance Sheet5 Enterprise Value FY 2022E Revenue Implied EV / FY 2022E Revenue $47.4 14.2x Transaction $10.00 97.4 $973.6 $17.3 (318.8) $672.1 Fiscal Year Ends September Note: Assumes USD:EUR conversion of 1.15:1.00 (1) Assumes 0% redemption by Angel Pond stockholders. (2) Reflects 50.0mm shares (incl. vested options and vested warrants) held by existing shareholders, 12.3mm shares held by equity bridge investors, 26.6mm shares held by Angel Pond public shareholders, 6.6mm shares held by the sponsor and 1.9mm shares held by PIPE investors; assumes a 0% redemption by Angel Pond stockholders; excludes warrants. (3) The PF Shares Outstanding have been revised since the date the investor presentation was made available to reflect a $18.2mm PIPE investment (versus $50mm the prior draft) issued at $9.50 per share. The result was a 3.4mm decrease in PF Shares Outstanding 7
View entire presentation