{
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  "documentTitle": "Pagaya | Results Presentation Deck | 23 slides",
  "authorId": "pagaya",
  "authorName": "Pagaya",
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  "documentKindLabel": "Conference presentation",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2024-11-01 00:00:00",
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  "pageNumber": 23,
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  "slideHref": "/slides/019de518-c4d8-7148-ad78-ca1928fc0c0e/23",
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      "kind": "source-note",
      "text": "¹Share amounts are on a weighted basis for the number of days they were outstanding during 3Q 2024",
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      "kind": "source-note",
      "text": "²Application of treasury stock method using $13.14 average stock price for 3Q 2024",
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      "kind": "table",
      "text": "Cap Table as of September 30, 2024 (Shares in millions)\nPreferred Shares: 5\nClass A ordinary shares: 60\nClass B ordinary shares: 13\nShare options with $6.40 weighted-average exercise price: 3\nOptions to restricted shares with $19.40 weighted-average exercise price: 20\nRSUs: 3\nOrdinary share warrants with $78.70 weighted-average exercise price: 2\nFully Diluted: 107",
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      "text": "Diluted Shares Outstanding, Treasury Stock Method as of September 30, 2024 (Shares in millions¹)\nOrdinary shares outstanding: 73\nPlus: Share options with $6.40 weighted-average exercise price: 3\nPlus: Options to restricted shares with $19.40 weighted-average exercise price: 20\nPlus: RSUs: 3\nPlus: Ordinary share warrants with $6.81 weighted-average exercise price: 2\nLess: Treasury stock method reduction²: (27)\nDiluted Shares Outstanding: 74",
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      "kind": "title",
      "text": "Summary Cap Table and Diluted Share Calculation",
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      "arcName": "Monroe's Motivated Sequence",
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      "beatName": "Action",
      "beatSlug": "monroes-sequence-action",
      "evidence": "The non-GAAP reconciliations and appendix data provide a call to action",
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      "name": "Cost Of Inaction",
      "slug": "27-cost-of-inaction",
      "bestFor": "Urgent budget requests, compliance, risk mitigation",
      "matchId": "912e2aa3-d04b-4626-b955-f3b3ea96debe",
      "evidence": "The deck provides detailed non-GAAP reconciliations",
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      "objective": "Highlight the importance of non-GAAP reconciliations",
      "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
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      "description": "Quantify what happens if the audience does nothing"
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