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  "documentTitle": "Origin | SPAC Presentation Deck | 47 slides",
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  "presentationDate": "2021-02-01 00:00:00",
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  "notes": "This slide functions as a deal summary for a SPAC merger transaction.",
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      "text": "Artius has identified Origin Materials as a compelling investment opportunity and believes its disruptive platform technology is uniquely positioned to decarbonize the materials industry supply chain",
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      "text": "1. At a price of $10.00 per Artius share and assumes no redemption of public shares. Refer to slide 36 for additional detail. 2. Consists of 25.0Mn shares to Origin Shareholders and 4.5Mn shares to Artius upon release from forfeiture provisions upon achievement of earnout thresholds. 3. Refer to slides 35 and 43 for additional detail. Assumes no redemption of public shares. 4. Assumes no redemption of public shares, that none of the 29.5Mn earnout shares are issued and a PIPE of $200Mn.",
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      "text": "Capital Structure: Origin shareholders rolling 100% equity; $200Mn PIPE financing; $863Mn cash to balance sheet.",
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      "text": "Valuation: $1,843Mn pro forma equity value; $999Mn Enterprise Value; Earnout of 29.5Mn shares vesting at $15, $20, $25 thresholds.",
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      "text": "Overview: Founded in 2008, Origin is the world's leading carbon negative materials company; Artius is a SPAC with $725Mn cash; Closing subject to $525Mn minimum cash.",
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