{
  "docId": "019dd923-622c-750b-8b9b-fcabb447f6c1",
  "docSlug": "93546af35138",
  "documentTitle": "Pershing Square Holdings Portfolio (multi-position) (PSH)",
  "authorId": "01_Pershing_Square",
  "authorName": "Pershing Square Holdings",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2023-02-09 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.2941177,
  "pageNumber": 33,
  "pageCount": 62,
  "prevPage": 32,
  "nextPage": 34,
  "slideType": "key_messages",
  "function": "present_solution",
  "density": "balanced",
  "nDataPoints": 4,
  "notes": null,
  "elementsJson": [
    "headline_text",
    "callout_box",
    "bullet_list",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622c-750b-8b9b-fcabb447f6c1/33",
  "deckHref": "/decks/019dd923-622c-750b-8b9b-fcabb447f6c1",
  "deckJsonHref": "/decks/019dd923-622c-750b-8b9b-fcabb447f6c1.json",
  "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-fcabb447f6c1#slide-33",
  "components": [
    {
      "bbox": {
        "h": 0.07,
        "w": 0.75,
        "x": 0.18,
        "y": 0.208
      },
      "kind": "callout",
      "text": "SPARC solves the problems of conventional SPACs and improves upon PSTH’s structure",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "3008f706-dc37-4def-b2ac-2f4726426ab3",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.85,
        "x": 0.08,
        "y": 0.91
      },
      "kind": "disclaimer",
      "text": "Note: SPARC remains subject to SEC review and will take place if and only once the registration statement has been declared effective by the SEC under the Securities Act of 1933.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "97560946-363f-4961-b5d0-58d4073107f4",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.5,
        "w": 0.75,
        "x": 0.18,
        "y": 0.3
      },
      "kind": "list",
      "text": "No initial blank check IPO; no cash is held in trust until deal closure. Investors opt-in to the initial business combination. Flexible exercise price. No \"shot clock\". Minimal frictional costs. Increased deal certainty. No conventional sponsor incentive.",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "398c9531-8ddd-44e5-ba21-2c0f421e2f2c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.6,
        "x": 0.08,
        "y": 0.13
      },
      "kind": "title",
      "text": "Pershing Square SPARC Holdings (\"SPARC\")",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "bf6af428-cf90-4dc8-840b-1452a80b5e4a",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Problem-Agitate-Solve (PAS)",
      "slug": "problem-agitate-solve-pas",
      "agent": "Storyteller",
      "layer": "slide",
      "matchId": "fa1b41e9-a917-4e51-bef2-2f9a15532e2a",
      "evidence": "SPARC solves the problems of conventional SPACs and improves upon PSTH’s structure",
      "confidence": 0.5
    }
  ],
  "frameworks": [],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}