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  "documentTitle": "HUB Security | SPAC Presentation Deck | 23 slides",
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      "text": "(1) Assumes no redemptions... (11) Represents amount paid to advisors in equity",
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      "text": "Implied Enterprise Value of ~$1.28 Bn, or 7.3x FY2023E Revenue of $174.5 MM, representing a significant discount to public comps. $50MM common stock PIPE to fund acquisitions and growth capital with $198MM cash to balance sheet. Existing HUB shareholders to retain 100% of their equity. Management and employee incentive earn-out of 24MM shares at $18.00 per share.",
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      "text": "Sources and Uses table showing $1,473M total",
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      "text": "Transaction Overview",
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