{ "docId": "019de071-a8e4-72cb-b92d-26a185a32c7d", "docSlug": "d409e6d1c93ea2593d5f5194974cb809", "documentTitle": "Tempo | SPAC Presentation Deck | 58 slides", "authorId": "tempo", "authorName": "Tempo", "documentKindSlug": "pitchdeck", "documentKindLabel": "Pitch deck", "sourceTypeSlug": "investment_bank", "sourceTypeLabel": "Investment bank", "presentationDate": "2021-10-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 56, "pageCount": 58, "prevPage": 55, "nextPage": 57, "slideType": "appendix_disclosure", "function": "appendix", "density": "balanced", "nDataPoints": 0, "notes": "This is a standard legal disclosure slide found in SPAC-related pitch decks.", "elementsJson": null, "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019de071-a8e4-72cb-b92d-26a185a32c7d/56", "deckHref": "/decks/019de071-a8e4-72cb-b92d-26a185a32c7d", "deckJsonHref": "/decks/019de071-a8e4-72cb-b92d-26a185a32c7d.json", "deckAnchorHref": "/decks/019de071-a8e4-72cb-b92d-26a185a32c7d#slide-56", "components": [ { "bbox": { "h": 0.7, "w": 0.9, "x": 0.05, "y": 0.2 }, "kind": "list", "text": "There is no assurance that a stockholder's decision whether to redeem its shares for a pro rata portion of ACE's trust account will put the stockholder in a better future economic position.\nIf the Business Combination's benefits do not meet the expectations of investors or securities analysts, the market price of ACE's securities or, following the consummation of the Business Combination, the combined company's securities, may decline.\nA market for the combined company's securities may not develop, which would adversely affect the liquidity and price of such securities.\nThere can be no assurance that the combined company's securities will be approved for listing on the Nasdaq Stock Market LLC (\"Nasdaq\") or that the combined company will be able to comply with the continued listing standards of Nasdaq.\nDirectors of ACE have potential conflicts of interest in recommending that ACE's stockholders vote in favor of the adoption of the Business Combination.\nACE may redeem unexpired warrants prior to their exercise at a time that is disadvantageous to the holders of ACE warrants, thereby making such warrants worthless.\nACE's warrants are accounted for as liabilities and the changes in value of ACE's warrants could have a material effect on Tempo's financial results.\nEven if the Business Combination is completed, there can be no assurance that ACE's warrants will be in the money during their exercise period, and they may expire worthless.\nIf ACE seeks stockholder approval of the Business Combination, its sponsor, directors, officers, advisors and their affiliates may elect to purchase shares or warrants from public stockholders, which may influence a vote on the Business Combination and reduce the public \"float\" of ACE's securities.\nIf ACE seeks stockholder approval of the Business Combination, its sponsor, officers and directors have agreed to vote in favor of such Business Combination, regardless of how its public stockholders vote.\nThe ability of ACE's public stockholders to exercise redemption rights with respect to a large number of its shares could increase the probability that the Business Combination would be unsuccessful.\nACE is not required to obtain an opinion from an independent investment banking firm or from an independent accounting firm, and consequently, its stockholders may have no assurance from an independent source that the price it is paying for the business is fair to ACE from a financial point of view.\nNeither the ACE board of directors nor any committee thereof obtained a third party valuation in determining whether or not to pursue the Business Combination.\nLegal proceedings in connection with the Business Combination, the outcomes of which are uncertain, could delay or prevent the completion of the Business Combination.\nACE has identified a material weakness in its internal control over financial reporting as of December 31, 2020. If ACE is unable to develop and maintain an effective system of internal control over financial reporting, it may not be able to accurately report its financial results in a timely manner, which may adversely affect investor confidence in it and materially and adversely affect its business and operating results.\nACE has been subject to inquiries by the U.S. Securities and Exchange Commission (the \"SEC\") since May 2021 regarding certain disclosures in its Registration Statement on Form S-4, filed with the SEC on February 10, 2021, as amended on March 19, 2021, April 9, 2021 and May 6, 2021, and such inquiries remain ongoing. Such inquiries may materially adversely affect ACE or the combined company.", "attrs": null, "subkind": "bullet", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "9516ca63-af36-4dcf-b28b-7b5a9caf100f", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.02, "w": 0.4, "x": 0.05, "y": 0.17 }, "kind": "paragraph", "text": "RISKS RELATED TO THE BUSINESS COMBINATION AND ACE (CONTINUED)", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "24baff47-6f3a-4c5d-89e2-eb833d197ca2", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.05, "w": 0.35, "x": 0.05, "y": 0.08 }, "kind": "title", "text": "Risk Factors (continued)", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "070df987-21cd-48e5-b51b-966579709ba3", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [ { "name": "List presentation", "slug": "list-presentation", "agent": null, "layer": "slide", "matchId": "8453284b-7d68-4841-a3fe-997e39d61b72", "evidence": "list/bullet: There is no assurance that a stockholder's decision whether to redeem its shares...", "confidence": 0.7 } ], "frameworks": [], "arcBeats": [ { "to": 58, "from": 21, "beatId": "831d9c9d-50d5-48f6-ba7b-1116b7126c96", "arcName": "Monroe's Motivated Sequence", "arcSlug": "monroes-sequence", "beatName": "Action", "beatSlug": "monroes-sequence-action", "evidence": "The presentation concludes with a clear call to action, including financial performance and valuation.", "position": 3, "confidence": 0.8, "parentBeatName": "Resolution", "parentBeatSlug": "resolution" } ], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }