Playboy Mergers and Acquisitions Presentation Deck
ACQUISITION OF HONEY BIRDETTE
10
Transaction Overview
Transaction Details
• Purchase Price: Approximately $333 million¹
• Consideration: $238 million cash funded from existing cash on
balance sheet and $95 million PLBY Group stock (2.2 million
shares)
Timing: Transaction expected to close in Q3 2021
●
Pro Forma Shares Outstanding
Shares Outstanding as of May 12, 2021
Shares Issued on June 14, 2021 from Public Offering
Estimated Shares to Acquire Honey Birdette at Closing
Estimated Pro-Forma Outstanding at Closing
1) Final purchase price at closing will be 12x Adjusted EBITDA for the 12 months ended June 30, 2021 and will be paid in AUD. Current estimate assumes AUD:USD conversion rate of 0.76
2) There are an additional 9.9 million shares of common stock reserved for future issuance pursuant to the Company's equity incentive plans
Shares²
33,808,956
4,720,000
2.215,062
40,744,018
PLBY GROUPView entire presentation