{ "docId": "019de513-18b5-720e-a5c1-7a8388451081", "docSlug": "a8da4ac4712b948237a964f057e42fe9", "documentTitle": "Getaround | SPAC Presentation Deck | 46 slides", "authorId": "getaround", "authorName": "Getaround", "documentKindSlug": "pitchdeck", "documentKindLabel": "Pitch deck", "sourceTypeSlug": "investment_bank", "sourceTypeLabel": "Investment bank", "presentationDate": "2022-05-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 44, "pageCount": 46, "prevPage": 43, "nextPage": 45, "slideType": "appendix_disclosure", "function": "other", "density": "balanced", "nDataPoints": 0, "notes": null, "elementsJson": null, "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019de513-18b5-720e-a5c1-7a8388451081/44", "deckHref": "/decks/019de513-18b5-720e-a5c1-7a8388451081", "deckJsonHref": "/decks/019de513-18b5-720e-a5c1-7a8388451081.json", "deckAnchorHref": "/decks/019de513-18b5-720e-a5c1-7a8388451081#slide-44", "components": [ { "bbox": { "h": 0.795, "w": 0.892, "x": 0.054, "y": 0.108 }, "kind": "disclaimer", "text": "We may be unable to complete the Business Combination if the stockholders of InterPrivate II do not approve the transaction or a significant number of InterPrivate II stockholders exercise their redemption rights, thereby reducing the amount of funds available to complete the Business Combination. There can be no assurance that the contemplated transaction will achieve our objectives of providing the company with sufficient capital, and if we require additional capital to fund our operations or expected growth, there can be no assurance that we will be able to obtain such funds on attractive terms or at all, and you may experience dilution as a result. We and InterPrivate II have incurred and will incur substantial costs in connection with the Business Combination and related transactions, such as legal, accounting, consulting, and financial advisory fees. While we and InterPrivate II work to complete the Business Combination, management's focus and resources may be diverted from operational matters and other strategic opportunities. The announcement of the Business Combination could disrupt Getaround's relationships with its hosts, guests, and others, as well as its operating results and business generally. Uncertainty about the effect of the Business Combination may affect our ability to retain key employees and integrate management structures and may negatively impact our management, strategy and results of operations. The consummation of the Business Combination is subject to a number of conditions and if those conditions are not satisfied or waived, the Business Combination agreement may be terminated in accordance with its terms and the Business Combination may not be completed. The consummation of the Business Combination could constitute an event of default or otherwise trigger the acceleration of repayment obligations with respect to certain outstanding indebtedness of Getaround in the absence of waivers by the applicable lenders with respect thereto. PubCo may incur successor liabilities due to conduct arising prior to the completion of the Business Combination. Subsequent to the completion of the Business Combination, we may be exposed to unknown or contingent liabilities and may be required to take write-downs or write-offs, restructuring and impairment or other charges that could have a significant negative effect on our financial condition, results of operations and the price of our securities, which could cause you to lose some or all of your investment. The obligations associated with being a public company will involve significant expenses and will require significant resources and management attention, which may divert from Getaround's business operations. Our management and current resources may not successfully or effectively manage our transition to a public company. Future sales of common stock after the consummation of the Business Combination may cause the market price of Getaround's common stock to drop significantly, even if Getaround's business is doing well. Following the Business Combination, outstanding warrants will become exercisable for PubCo's common stock, which would increase the number of shares eligible for future resale in the public market and result in dilution to Getaround's stockholders. Our audited financial position and results of operations may differ materially from the unaudited pro forma financial information presented to investors. In connection with the Business Combination, our historical financial statements are in the process of being audited in accordance with the standards of the Public Accounting Oversight Board (United States), or PCAOB, which have identified deficiencies or material weaknesses in our internal controls and could identify inaccuracies in our historical financial statements as we were not previously required to comply with PCAOB accounting standards. We have identified material weaknesses in our internal control over financing reporting and these material weaknesses could result in a misstatement of our accounts or disclosures that would result in a material misstatement of our annual or interim consolidated financial statements that would not be prevented or detected. In particular, these material weaknesses result from lack of proper segregation of duties relating to access controls and risk assessment process and lack of documentation for management review controls. We cannot assure you that we will not identify other material weaknesses in connection with the completion of the audit of our financial statements in connection with the Business Combination or that any measures we may take in the future will be sufficient to remediate these material weaknesses or avoid potential future material weaknesses. In addition, we may suffer adverse regulatory or other consequences, as well as negative market reaction, as a result of any material weaknesses, and we will incur additional costs as we seek to remediate these material weaknesses.", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "a43f1b22-ba4c-43e9-b65c-357e919532be", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.018, "w": 0.455, "x": 0.054, "y": 0.071 }, "kind": "title", "text": "Risks Related to InterPrivate II and the Business Combination (Cont'd)", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "fcbd736c-d7a9-468b-9342-c98bbf1af5bb", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }