MoneyLion Investor Conference Presentation Deck
MALKA Acquisition Details
Terms of Acquisition
Background
Management &
Governance
MALKA acquired at a share floor price of $9.00
▪ $10 million in cash up front. $30 million in restricted MoneyLion Inc. ("ML") common
stock provided to key management as part of employee and retention agreements
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▪ Up to an additional $40 million in restricted ML common stock if MALKA Media Group
LLC's ("MALKA") revenue and EBITDA exceeds certain targets in 2021 and 2022
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Total purchase price of approximately $75 million, assuming full achievement of the
earnouts, subject to share price floors, make-whole provisions and customary purchase
price adjustments
Deal talks began in Summer 2021, coming after 4 successful years of ML and MALKA
working together
Further de-risks marketing investments made in 2022
MALKA will operate as an indirect, wholly-owned subsidiary of MoneyLion Inc.
MALKA founder and CEO Louis Krubich and co-founder and President Jeff Frommer will
lead the day-to-day operations, alongside partners Pat Capra and Dan Fried
*Malka's 2021 revenue projection is based on unaudited financial information
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