On July 14, 2021 immediately following the Transactions and after giving effect to the Merger, the Employee Transactions, the Preferred Stock Conversion, the PIPE Investment and the Redemption, Markforged Holding Corporation’s capitalization consisted of:
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Shares of New Common Stock outstanding |
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8,524,984 |
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Shares of New Common Stock subject to outstanding New Warrants (of which 3,150,000 are in respect of private placement warrants held by Sponsor) |
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18,434,577 |
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Shares of New Common Stock subject to outstanding options and RSUs under the Markforged Holding Corporation 2021 Stock Option and Incentive Plan (the “2021 Plan”) |
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Total outstanding equity at closing, including vested and unvested options and RSUs |
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24,065,423 |
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Shares of New Common Stock reserved for issuance under the 2021 Plan |
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4,700,000 |
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Shares of New Common Stock reserved for future issuance under the Markforged Holding Corporation 2021 Employee Stock Purchase Plan |
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14,666,667 |
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Shares of New Common Stock reserved for future issuance as Markforged Earnout Shares and/or Earnout RSUs |
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