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  "documentTitle": "Allego | SPAC Presentation Deck | 37 slides",
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  "authorName": "Allego",
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  "presentationDate": "2021-07-01 00:00:00",
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  "notes": "Includes financial details regarding cash proceeds, enterprise value, and EBITDA projections.",
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      "text": "Spartan Acquisition Corp. III",
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      "text": "Valuation: Enterprise value of $2.65bn at $10 per share; Attractive entry value compared to peers; 42% discount based on projected 2025E Operational EBITDA of $377mm.",
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      "text": "Transaction Structure: Expected cash proceeds of $702mm: Spartan Acquisition Corp. III has $552mm of cash held in trust; PIPE size of $150mm. Use of proceeds: 1) investments in prime locations and technology; 2) $556mm cash on balance sheet.",
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      "text": "Capital Structure: Existing Allego shareholders will roll 100% of their equity; $556mm of net cash proceeds funds capex deployment and IT investment; Projected Operational EBITDA positive in 2021 and cash flow positive in 2026.",
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      "text": "Note: Market data as of July 23, 2021. USD/EUR at 1.18. Peers considered are EVgo and ChargePoint. Assuming no Spartan III shareholder redemptions. Net of transaction fees and deferred advisory fees.",
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