{
  "docId": "019de50f-d8a4-74eb-8045-26e6a3836513",
  "docSlug": "9a16f0286e2e65f4072ed8033f97490d",
  "documentTitle": "MP Materials | SPAC Presentation Deck | 49 slides",
  "authorId": "mp-materials",
  "authorName": "MP Materials",
  "documentKindSlug": "pitchdeck",
  "documentKindLabel": "Pitch deck",
  "sourceTypeSlug": "investment_bank",
  "sourceTypeLabel": "Investment bank",
  "presentationDate": "2020-07-01 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.7777778,
  "pageNumber": 44,
  "pageCount": 49,
  "prevPage": 43,
  "nextPage": 45,
  "slideType": "appendix_data",
  "function": "analyze_data",
  "density": "dense",
  "nDataPoints": 36,
  "notes": "The slide uses a standard sensitivity matrix format to demonstrate valuation ranges based on key financial assumptions.",
  "elementsJson": null,
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019de50f-d8a4-74eb-8045-26e6a3836513/44",
  "deckHref": "/decks/019de50f-d8a4-74eb-8045-26e6a3836513",
  "deckJsonHref": "/decks/019de50f-d8a4-74eb-8045-26e6a3836513.json",
  "deckAnchorHref": "/decks/019de50f-d8a4-74eb-8045-26e6a3836513#slide-44",
  "components": [
    {
      "bbox": {
        "h": 0.05,
        "w": 0.4,
        "x": 0.55,
        "y": 0.2
      },
      "kind": "paragraph",
      "text": "Stage III Illustrative Future Value: Sensitivity of Incremental Stage III EBITDA Scenarios, Assuming Stage II Adj. EBITDA of $252MM $MM | Multiple vs. Contemplated Deal Valuation ($1,044MM)",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "30acec77-c20b-4cc1-a73c-90b9a293d98c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.4,
        "x": 0.05,
        "y": 0.2
      },
      "kind": "paragraph",
      "text": "Stage II Run-Rate Discounted Enterprise Value: Assuming Stage II Adj. EBITDA of $252MM and August 2020 Valuation Date $MM | % Premium to Contemplated Deal Valuation ($1,044MM)",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "576806aa-7b0c-4f56-bb36-fc8dd2236e6a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.5,
        "w": 0.4,
        "x": 0.05,
        "y": 0.3
      },
      "kind": "table",
      "text": "Stage II Run-Rate Discounted Enterprise Value sensitivity table",
      "attrs": null,
      "subkind": "valuation",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "09fe3c3c-1b14-47d1-b2d8-c4dbb37d402d",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.5,
        "w": 0.4,
        "x": 0.55,
        "y": 0.3
      },
      "kind": "table",
      "text": "Stage III Illustrative Future Value sensitivity table",
      "attrs": null,
      "subkind": "valuation",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8e231174-e9e0-4892-8b0c-d42ea7a8cbcb",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.6,
        "x": 0.05,
        "y": 0.05
      },
      "kind": "title",
      "text": "VALUATION SUMMARY: DISCOUNTED ENTERPRISE VALUE SENSITIVITY ANALYSES",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "6766cd35-54ae-4ed2-b74b-53d43a4cbb9c",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "sensitivity-analysis",
      "slug": null,
      "matchId": "4f0442aa-d4c5-4ed1-88e2-00231a315bcd",
      "evidence": "Two matrix tables showing impact of variable changes on valuation outcomes",
      "confidence": 1
    }
  ],
  "arcBeats": [
    {
      "to": 44,
      "from": 42,
      "beatId": "95de7f33-4c0a-4df3-a026-56a28bf63d12",
      "arcName": "The Sequoia Pitch",
      "arcSlug": "sequoia-pitch",
      "beatName": "Valuation",
      "beatSlug": null,
      "evidence": "The deck provides a valuation benchmarking and summary of the company's valuation.",
      "position": 4,
      "confidence": 0.8,
      "parentBeatName": null,
      "parentBeatSlug": null
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}