{ "docId": "019de515-c12e-77ab-bd05-103c50dd6364", "docSlug": "2d47ae77d6edd2062ed949c18a38d7ee", "documentTitle": "Metals Acquisition Corp | Investor Presentation Deck | 33 slides", "authorId": "metals-acquisition-corp", "authorName": "Metals Acquisition Corp", "documentKindSlug": "pitchdeck", "documentKindLabel": "Pitch deck", "sourceTypeSlug": "investor_relations", "sourceTypeLabel": "Investor relations", "presentationDate": "2023-05-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 32, "pageCount": 33, "prevPage": 31, "nextPage": 33, "slideType": "disclaimer", "function": "establish_context", "density": "dense", "nDataPoints": 2, "notes": null, "elementsJson": null, "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019de515-c12e-77ab-bd05-103c50dd6364/32", "deckHref": "/decks/019de515-c12e-77ab-bd05-103c50dd6364", "deckJsonHref": "/decks/019de515-c12e-77ab-bd05-103c50dd6364.json", "deckAnchorHref": "/decks/019de515-c12e-77ab-bd05-103c50dd6364#slide-32", "components": [ { "bbox": { "h": 0.71, "w": 0.919, "x": 0.042, "y": 0.149 }, "kind": "paragraph", "text": "Risks Relating to the SPAC and the Business Combination (cont.)\nIf the SPAC is unable to complete the Business Combination or any other business combination by August 2, 2023 (or such later date as the SPAC's shareholders may approve), the SPAC will cease all operations except for the purpose of winding up, liquidating and dissolving. In such event, third parties may bring claims against the SPAC and, as a result, the proceeds held in the Trust Account could be reduced and the per share liquidation price received by shareholders could be less than $10.00 per share and the SPAC's warrants will expire worthless.\nThe SPAC's directors may decide not to enforce the indemnification obligations of the SPAC's Sponsor, resulting in a reduction in the amount of funds in the Trust Account available for distribution to its public shareholders.\nIf, before distributing the proceeds in the Trust Account to the SPAC's public shareholders, the SPAC files a bankruptcy petition or an involuntary insolvency petition is filed against the SPAC that is not dismissed, the claims of creditors in such proceeding may have priority over the claims of the SPAC's shareholders and the per share amount that would otherwise be received by the SPAC's shareholders in connection with its liquidation may be reduced.\nIf, after the SPAC distributes the proceeds in the Trust Account to its public shareholders, the SPAC files a bankruptcy petition or an involuntary insolvency petition is filed against the SPAC that is not dismissed, a bankruptcy or insolvency court may seek to recover such proceeds, and the SPAC and the SPAC's Board may be exposed to claims of punitive damages.\nThe ability of shareholders to exercise redemption rights with respect to a large number of shares could increase the probability that the Business Combination would be unsuccessful and that shareholders would have to wait for liquidation to redeem their stock.\nThe unaudited pro forma condensed combined financial information included in the proxy statement/prospectus for the Business Combination may not be indicative of what the SPAC's actual financial position or results of operations would have been.\nThe Business Combination is subject to conditions, including certain conditions that may not be satisfied on a timely basis, if at all.\nThere can be no assurance that the New MAC Ordinary Shares and warrants will be approved for listing on the NYSE following the Closing, or that New MAC will be able to comply with the listing standards of the NYSE.\nProvisions in the Proposed Governing Documents may inhibit a takeover of New MAC, which could limit the price investors might be willing to pay in the future for New MAC Ordinary Shares and could entrench management.\nYou may not have the same benefits as an investor in an underwritten public offering.\nFollowing the consummation of the Business Combination, New MAC will incur significant increased expenses and administrative burdens as a public company, which could have an adverse effect on its business, financial condition and results of operations.\nThe SPAC has identified a material weakness in its internal control over financial reporting. This material weakness could continue to adversely affect the SPAC's ability to report its results of operations and financial condition accurately and in a timely manner.\nNew MAC's failure to timely and effectively implement controls and procedures required by Section 404(a) of the SOX that will be applicable to it after the Business Combination is consummated could have a material adverse effect on its business.\nUnlike many blank check companies, the SPAC does not have a specified maximum redemption threshold. The absence of such a redemption threshold may make it easier for the SPAC to consummate the Business Combination even if a substantial majority of the SPAC's shareholders do not agree.\nIf a shareholder or a \"group\" of shareholders are deemed to hold in excess of 15% of the issued and outstanding MAC Class A Ordinary Shares, such shareholder or group will lose the ability to redeem all such shares in excess of 15% of the issued and outstanding MAC Class A Ordinary Shares.\nIf, following the Business Combination, securities or industry analysts do not publish or cease publishing research or reports about New MAC, its business, or its market, or if they change their recommendations regarding New MAC's securities adversely, the price and trading volume of New MAC's securities could decline.", "attrs": {}, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "9d18f1fc-3cd8-48e3-b014-e09b342ceb1a", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.011, "w": 0.018, "x": 0.909, "y": 0.954 }, "kind": "source-note", "text": "31", "attrs": {}, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "28772f33-d7b3-498d-836a-70bf21504b1f", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.369, "x": 0.042, "y": 0.05 }, "kind": "title", "text": "Risk Factors (cont.)", "attrs": {}, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "abe42c69-0b25-49e4-8de4-7226a88ecb19", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [], "loops": [ { "to": 32, "from": 29, "name": "Cost Of Inaction", "slug": "27-cost-of-inaction", "bestFor": "Urgent budget requests, compliance, risk mitigation", "matchId": "cfec82cb-100e-4ddc-bd3b-1031a8a0910e", "evidence": "The document presents risk factors", "position": 2, "objective": "What are the risk factors associated with investing in Metals Acquisition Corp?", "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point", "confidence": 0.6, "description": "Quantify what happens if the audience does nothing" } ], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }