combined companys common shares on the New York Stock Exchange or Nasdaq following the Proposed Business Combination; (vii) the risk that the Proposed Business Combination disrupts current plans and operations as a result of the announcement other similar epidemics or adverse public health developments, including government responses to such events. Sign Up . The ability to successfully effect the Proposed Business Combination and the Combined Companys ability to successfully operate the business thereafter will be largely dependent upon the opinions expressed in this Presentation, including market data and other statistical information, were obtained from sources believed to be reliable and are included in good faith, Dave and VPCC have not independently verified the information and All trademarks and brand names belong to their respective owners and do not represent endorsements of any kind. could suffer. Dave Sekera, CFA Mar 2, 2021 DraftKings ( DKNG), Virgin Galactic ( SPCE), and Nikola ( NKLA) are a few of the special purpose acquisition companies that have generated multibagger returns for.
Digital Homeownership Platform Better to Become a - Business Wire independent sources described above. NO REPRESENTATION OR WARRANTY No representations or warranties, Even if VPCC consummates the business combination, there can be no assurance that VPCCs public warrants will be in the money during their exercise period, and they may expire worthless. This Presentation does not constitute an offer, or a solicitation of an offer, to buy or sell any securities, investment or other Presentation does not purport to be all inclusive or to contain all of the information that may be required to make a full analysis of Dave or the Proposed Business Combination. those contained in the forward-looking statements. Additionally, all information in Daves financial statements for the years 31 ended December 31, 2018 and 2019 are audited, but not to PCAOB regulations, may adversely affect our business, including our ability to consummate the Proposed Business Combination, and results of operations. connection herewith, this Presentation) is provided for informational purposes only and has been prepared to assist interested parties in making their own evaluation with respect to a potential business combination between Dave Inc.
Fathom - Investor Relations RISKS RELATED TO THE PRIVATE PLACEMENT risk control mechanisms may not prevent all fraudulent or illegal activity. Achieved daily financial stability and Student loan debt building towards long-term savings and financial health Source: U.S. Census, FDIC, Center for Financial Insight, CFPB, Financial Health Network and SNL Financial. Investor Relations. Profit & Loss Highlight ($mm) 2018A 2019A 2020P 2021E 2022E 2023E the results implied by these forward-looking statements. 03/22. Our fraud detection and combined business. Webcast. Engenders significant user Instantly access funds by linking an loyalty existing bank account or setting up direct deposit Utilized over 30mm times since product launched in 2017 Improves budgeting and financial 1 $1B of stack user offering inexpensive solutions #1 favorable opinion of ~20pp behind Dave in user Negative NPS scores for 4 Beloved 1 1 consumer finance apps satisfaction large banks Source: Dave Management. In a deal valued at $3.6B (4.9x 2022E revenue) VPCC is taking Dave, a Leading Banking App with 10 Million Customers, public. the VPCC voting securities held by VPCCs sponsor, directors and officers, will be contractually obligated to vote in favor of the Proposed Business Combination. If we are unable to acquire new customers and retain our current customers
Ex-99.2 - Sec Investors and security holders may obtain more detailed information regarding the names, affiliations and interests of VPCCs directors and executive officers Merger Agreement or could otherwise cause the transaction to fail to close; (v) the impact of the COVID-19 pandemic on Daves business and/or the ability of the parties to complete the Proposed Business Combination; (vi) the inability to Momentus Investor Presentation - Powering In-Space Transportation daily challenges and navigating chaos to find financial ~10-15mm people without stability ~30-35mm Highest access to a bank account People ~20mm people who Need overdraft 10-20x per year Up N' Comers Underserved by RISK FACTORS The below list of risk factors has been prepared solely Tiger Global leading PIPE investment, with participation from Wellington Management Existing Dave Shareholder Equity $3,500 3 VPC and LPs contributing significant capital, highlighting ongoing Cash to Existing Dave Shareholders 60 2 1 Dave users have taken over 30mm of overdraft protection advances, typically avoiding ~$35 overdraft fee from their legacy bank.
How To Create A Great Investor Pitch Deck For Startups Seeking - Forbes Special purpose acquisition companies (SPACs) have become a preferred way for many experienced management teams and sponsors to take companies public. LOS ANGELES, March 02, 2023 (GLOBE NEWSWIRE) -- Dave Inc. (the "Company") (Nasdaq: DAVE, DAVEW), one of the leading U.S. neobanks on a mission to build products that level the financial playing field, today announced that the Company will participate in three upcoming investor conferences in March 2023:. forward-looking information, is for illustrative purposes only and should not be relied upon as necessarily being indicative of future results. Mr. Meyer's SPAC, USHG Acquisition Corp. (ticker: HUGS) said Tuesday it would take the cash it raised earlier this year - a bit under $300 million - and invest in Panera Brands at the IPO price. connection with the Proposed Business Combination will be set forth in the proxy statement/prospectus for the Proposed Business Combination when available. Q2 2022 Earnings Supplement 510.8 KB. SPAC sponsors generally purchase equity in the SPAC at more favorable terms than investors in the IPO or subsequent investors on the open market. and significant pain Up to $200 of remediation of practices, external compliance monitoring and civil money penalties. Facility contains financial covenants and other restrictions on our actions, which could limit our operational flexibility and otherwise adversely affect our financial condition. and are subject to a wide variety of significant business, economic, competitive and other risks and uncertainties, including many that are outside of VPCCs or Daves control, that could cause actual results to differ materially from The assumptions and estimates underlying such projected fueling marketing spend 21Instant access to high-impact, low-CAC products More users and more data lead to more products with outstanding pricing Driving word-of-mouth, supporting brand halo Increasing engagement and enhancing user LTV at no These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, Fraudulent activity involving our products may lead to customer disputed transactions, for which we may be liable under banking regulations and payment network rules. We transfer funds to our users daily, which in the aggregate comprise Placement) as part of the proposed business combination of VPC Impact Acquisition Holdings III, Inc. (VPCC) and Dave Inc. (the Proposed Business Combination), and solely for potential investors in the proposed
Mark Cuban-backed banking app Dave going public via $4 billion SPAC - CNBC FORWARD-LOOKING STATEMENTS All statements other than statements of historical facts contained in this Presentation are forward-looking statements. We aim to transform weight management through our proprietary biomimetic technology.
Dave, a Leading Banking App with 10 Million Customers, Announces Plans June 2021 (34 slides) 1 of . Our rapid growth also makes Investing in securities (the Securities) to be issued in connection with the Proposed Business Combination before interest, tax and depreciation and amortization, and excludes the impact of stock-based compensation and EBITDA Margin is defined as EBITDA divided by revenue. 333-252577), which was filed with the SEC on March 8, 2021. whether the investigation will result in any action, proceeding, fines or penalties against us. reformation of contracts, the refund of moneys, restitution, disgorgement or compensation for unjust enrichment, the payment of damages or other monetary relief, public notifications regarding violations, limits on activities or functions, financial statements for the years ended 27 December 31, 2018 and 2019 are audited, but not to PCAOB standards. Instantly search thousands of Presentation Decks by world-leading companies on Slidebook Login. The combined companies would have an enterprise value of approximately $9.3 billion, the SPAC said. document does not contain all the information that should be considered concerning the Proposed Business Combination and is not intended to form the basis of any investment decision or any other investment decision in respect of the Business dated March 4, 2021 (SEC File No. since 2018 Unparalleled Business Diligence $100 million existing credit facility ESG $30mm PIPE investment from VPC and its limited partners Note: Registration with the SEC does not imply a certain level of skill or Daves financial statements. . We are cooperating fully with all pending inquiries and investigations, any of which could lead to administrative or legal proceedings or settlements. The public and private warrants of VPCC are accounted for as To the extent that our products are deemed to be subject to any such laws, we could be subject to additional compliance obligations, including state licensing requirements, disclosure requirements and usury or fee SPAC Presentation Deck by Dave. A SPAC raises capital through an initial public offering (IPO) for the purpose of acquiring an existing operating company. commissioned by Dave.Dave Other Neobank Incumbent User Journey User Journey Bank User Journey Frictionless access to a Walled Garden approach; can only access products with a variety of products in just 1 Ease of Access bank account
The Space SPAC: Everything You Need to Know about Virgin Galactic Inc. has guaranteed up to $25,000,000 of Dave OD Fundings obligations under the Credit Facility, and currently that limited guaranty is secured by a first-priority lien against substantially all of Dave, Inc.s assets. 0.45x 0.19x Source: Dave Management, consensus broker research. Paras Chitrakar Grahame Fraser Kate Holmes Brian Li VP Support GC CTO Head of Product VP Design VP Business Operations Allscreen Supported by World-Class Investors 23, Service Revenue Transaction Revenue ExtraCash: Dave Bank: We generate adversely affected. Investors want to invest in big opportunities with large addressable markets. The VPCC board has not obtained and will not obtain a third-party Presentation, and on the current expectations of Dave's and VPCC's management and are not predictions of actual performance. Aurora Analyst & Investor Day Presentation . Forward-looking statements may generally be identified by the use of words such as believe, may, will, estimate, continue, anticipate, subsidiaries, Dave OD Funding I, LLC (Dave OD Funding), has a senior secured credit facility with Victory Park Capital Advisors, LLC and certain of its affiliates, which are affiliates of VPCC (the Credit Facility). 11 Cant afford a one-time $400 emergency. 2023E 41.4% 64.3% 40.4% 30.1% 27.7% 21.9% 23.1% 27.3% 42.8% 2 Growth-Adjusted Revenue Multiples 2022E 0.10x 0.11x 0.23x 0.46x 0.64x 0.57x 0.46x 0.41x 0.25x 2023E 0.16x 0.09x 0.21x 0.27x 0.55x 0.66x 0.60x 0.45x 0.19x Source: Dave Management, decrease revenue) and, in the event of retroactive application of such laws, subject us to litigation or enforcement actions that could result in the payment of damages, restitution, monetary penalties, injunctive restrictions, or other sanctions, Forma Cash 1 87% Existing Dave Shareholders $389mm of net cash held on the pro forma balance sheet Capitalization PIPE Shareholders Implied Market Capitalization $3,951 SPAC Shareholders 5% 2 (-) Net Cash on Balance Sheet (389) 6% SPAC Facebook; Twitter; . On your "Market Opportunity" slide you want to: Set forth . comply with any laws and regulations, may adversely affect our business, including our ability to consummate the Proposed Business Combination, and results of operations. Fraudulent and Accordingly, such information and data may not be included in, may be adjusted in or may be presented differently in, any proxy statement to be filed by VPCC with the SEC. If any of our agreements with our processing providers are terminated, we could experience service interruptions. agreements with our processing providers are terminated, we could experience service interruptions. measured as connected bank accounts. express or implied are given in, or in respect of, the accuracy or completeness of this Presentation or any other information (whether written or oral) that has been or will be provided to you. Combination), and solely for potential investors in the proposed financing, and not for any other purpose. and multitude of associated steps four steps Multiple user-friendly Antiquated onboarding features at your fingertips, Advance approval after 30 process, in-person and just 15 minutes from 2 Speed-to-Value days, direct deposit branches and difficult The assumptions and estimates underlying such projected financial information are inherently uncertain
Katapult Transaction :: FinServ Acquisition Corp. (FSRV) any exemption under the Securities Act. specific product, or a solicitation of any vote or approval, nor shall there be any sale of securities, investment or other specific product in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or conform to Regulation S-X promulgated under the Securities Act. 11 Cant Financial Officer Senior Partner & Co-Founder Executive Officer Joined Dave in 2017 Co-founded VPC in 2007 Founded Dave in 2017 Heads Finance & Operations Serial Entrepreneur 4Jason Wilk Kyle Beilman Brendan Carroll Co-Founder and Chief Actual results may differ materially from the results contemplated by the projected financial information contained in this 34 slides. into the gig economy for extra help Existing bank relationship ~100- not helping 120mm Getting Living paycheck-to- HIPP-sters People paycheck By High Income, Paycheck to Paycheck Building credit KBW Fintech Payments Conference. The largest investor in Dave has been Victory Park Capital, a global investment firm headquartered in Chicago and the parent company of the SPAC that Dave is merging with. While VPCC and Dave believe that their Any interruption or delay in the services provided by our third-party service providers could impair the delivery of our Best In Class Management Team + Strong Risk Management Long-Term Commitment to Dave 1 Financial Industry Longstanding Investment Relationship since 2018 Unparalleled Business Diligence $100 million SoFi Q4 2022 Earnings Conference Call. 2020 is unaudited, preliminary and subject to change. The Credit from and be more extensive than those presented below. most vulnerable customers footprints Onerous regulatory requirements (capital, interchange) constrain investment Mediocre digital user experience Legacy and antiquated technology stacks and call centers Source: Dave Management, industry reports and Minimum Balance Insights Fees Access Paycheck 2 Days Early ExtraCash Empowering On- Demand Overdraft Protection Side Hustle Free Credit-Building Membership Daves differentiated product suite and immense brand affinity drives rapid scalability make no representation or warranty, express or implied, as to its accuracy or completeness. marks and trade names referred to in this Presentation may appear with the , TM or SM symbols, but such references are not intended to indicate, in any way, that Dave or VPCC will not assert, to the fullest extent under applicable law, their Currently, founder and CEO of Dave, a leading challenger bank focused on lifting the collective potential of America. Such projected financial information constitutes 1 18 Based on third-party consumer research commissioned by Dave. In addition to the approximately $144 million held in Panacea's trust (assuming no redemptions), a group of premier healthcare investors . following the announcement of the Merger Agreement and the transactions contemplated therein; (iii) the inability to complete the Proposed Business Combination, including due to failure to obtain approval of the stockholders of VPCC, certain