Webull Corporation · NASDAQ:BULL
Webull — SPAC Merger (February 2024)
30 slides from Webull's SPAC merger presentation, Feb 28, 2024
Slide 1: Webull Corporation: Investor Presentation February 2024
Exhibit 99 . 2 Webull Corporation: Investor Presentation February 2024 Webull
Slide 2: Disclaimer
Disclaimer THISPRESENTATION ANDITSCONTENTS ARE CONFIDENTIAL ANDARE NOT FOR RELEASE, REPRODUCTION, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY ORINDIRECTLY, TOANY OTHER PERSON OR IN OR INTO OR FROMANY JURISDICTION WHERE SUCHRELEASE, REPRODUCTION, PUBLICA TI ON OR DISTRIBUTION IS UNLAWF
Slide 3: Disclaimer (cont'd) Forward-Looking Statements
Disclaimer (cont'd) r orward •l ooking Statements. Certain statements includedin this Presentation are forward - l ooking statements . AU statements other than statements of histor i I factconta i ned in this Presentation . including statements c1sto future r esults of ope , a ti ons and financial p
Slide 4: Disclaimer (cont'd) Additional Information
Disclaimer (cont'd) Additional I nfo r mat i on . In connection with the Transact ion, the SPAC and the Company in tend to cause a registration statement on Form F" - 4 to be filedwith the SEC, which will i nclude a proxystc1tement to be distributedto SPACs shan holders in connection with SPAC's sol
Slide 5: Vision Statement
Vision Statement Webull We strive to be the platform of choice for a new generation of investors by building an efficient , low cost , and easy - to - use global investment platform 0
Slide 6: Today's Presenters
Today's Presenters Webull .. SK Growth Opportuniti Derek Jensen RichardChin H.C.Wang Anthony Denier CFO & Director CEO & Director CFO & Director Pres i dent & Director 0Iaman S ynix G MONSAN'rO SK ynix 91: GlobolFoutldtitt c ffi * U B S acJ1 s r] ING .lM> CRED I T SU I SSE Jones T rad m g 0
Slide 7: Blue-Chip Sponsorship and Full Alignment: SK Group Highlights
Blue - Chip Sponsorship and Full Alignment .. SK Group Highlights Richard Chin C£0 & Olrecto, SK Growth Opportunities SK Growth Opportunities Corporation (NASDAQ: SKGR) Pres i dent at SK hynix and Head or Global Deve l opment Group . led t h e deve l opment andexecution of inorganic growth strategie
Slide 8: Investment Highlights
Investment Highlights 20M re gistered users g loba ll y' licensed as b ro ker - dealer i n 10 major mar ke ts g l obally' $3718 i n equity notional vo l umes and 430 M options contracts t raded t hrough the Webu ll platform annually ' Webull • Best - in - Class Product Offerings \ • Strong Industry
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Slide 10: Who We Are
Who We Are A leading dig i tal i nvestment p l atform bui l t upon a next - generat i on, global infrastructure Trading I nv es t in stoc k s , ETFs, op t i o ns , and m ore @ Stocks [ ] ETFs Futures [ OTo J OTC Options Margin (:J Fractional Shares Webull Learning Sta y i nfo r me d with t h e la t
Slide 11: Our Journey: Key Milestones
Our Journey = Key M il estones Agree d to acqu ire HH Picchioni CCVM in Brazi l Ra i sed Series O Round * Ra ised Series CRound * We b u ll wasfounded by Allbaba veteran, Anq u an Wang Opened New York office Number of funded accounts exceeded 1M Launched US option trading Acqu i red Flink i n Mexico
Slide 12: Webull Today
Webull Today 19 . 8M Cumulat i ve reg i ste red u sers' Webull 40M+ Down l oads G l oba ll y 1 4.3M Funded Accounts' $8.2B Customer Assets 2 98% Quart e rly retention rate f or funded accounts 4 * = Y ear - over - Ye ar Growth 'A.solo« JI, MZJ 1ForfuUye.tr ZOJJ I O.t,ly Avt - ,'dpRevttlut Tr,itd<>s(
Slide 13: Global Operation Led by Highly Experienced Management Team
Global Operation Led by Highly Experienced Management Team 15 OperatingReg i ons ' 10 Licensed Mar ke ts ' 40M+ Down l oadsG l oba l ly' 800+ N umber of E mployees ' Global Management Team IM4lii · l - t+ lt·ff - Mt · f M!M fi MtMMT4 ' 0 St . Petersburg ► Np+ i•A $rlfbffl - C!ill!lll - - Ż - -- - iC
Slide 14: Proven Platform Supported by Global Customers, Shareholders and Business Partners
Proven Platform Supported by Global Customers, Shareholders and Business Partners 1 Global Customers ! A ! Global Shareholders '" . . . loving theseMce and functionality,and the app itselfrunssuw smoo(h l )'" GENERAL A TL AN TI C • 20million Registered UsersGloba lly 1 - - - ihe frtt te.inutt'S a,e
Slide 15: Awards and Recognition
Awards and Recognition \; 2023 | US ¢ &Y Best in Class for Investor community for 2023 2023 | UK Investing Innovation Newcomer Award 2022| US Best Brokerage App 2021 | us The Top Fintech Companies Of 2021 2025 | us = y Best Low-Cost ¥ US Broker V4 Global Brokerage Awards 2023 | AU 2023 | HK Best Onl
Slide 16: Trends in Our Favor
Trends in Our Favor Accelerating Growth Ahead 0 Digital Engagement Increasing Retail Participation e Accessibility o f Financial Information ® © ff i V A G l obalization of Reta i l I nvest i ng 1S
Slide 17: Webull
Webull
Slide 18: Opportunities: Redefine Financial Services for Young Investors
Opportunities:Redefine Financial Services for Young Investors Our Potential Client Base Our Opportunities EquityNotional Volumes Who Trade with Mobile App 4 , , i_i · g 92M Mille n n ia ls 1 8) c. 23% 3 From Retail Investors 2022 2018 Globa l T rading Vol u me s Increased by 28% i n 4 Y ears Mill e
Slide 19: Highest App Rating among Peers
Invest i ng Highest App Rating among Peers 1 4.7 outofS 296K Ratings 4.6 outofS 151KRat ings E * tt i TRAOli Im 4.5 outofS 1 2 1KRat ings 4.4 outof5 6.6K Rat ings - _, .. . . . 4.2 outo f5 4.3M Ratings , robmhood 'eroro \ 4.2 outo f5 6K Ra tings
Slide 20: Connected Community Where Users Learn from Each Other
Connected Community Where Users Learn from Each Other and The P l atform to Grow T he i r Invest i ng Knowledge " New Age"Investor Education Platform Accum u l a t es User Gene r ate d Content (UGC) I ncrease s User Activity on the P la tform Investor Education Pract i ce Sharing t , ,. Well - round
Slide 21: Product & Technology
i 3 Product & Technology
Slide 22: ( t:QVnYA - ·· . .... ,. , ... ""''' runctr ....... .,, 0
( t:QVnYA - ·· 120 . 56 .... ,. , ... ""''' runctr ....... .,, 0 fundH • Webu ll Smart Adv i so r •lllw< ',l, •' \ t - 4p,o,t1 IO Oft)'OI" p _. r . o . ƒ ,. '" O "" .. _ ,, ... P ._ M ,.. 1 ,, o .._ ll . i . : . I , ...... -- · - .. . . Explor • ( (, OM!. MO;J(fl \ ,o_.._. _,,.,,.. <I,:, " ƒ I"'II ,
Slide 23: Webull Products are Designed with Experienced Traders in Mind
Webull Products are Designed with Experienced Traders in Mind Option Mu l t i ple - l e g Strategies HighLev e l M a r ket Data LV2, SOBestB i ds, CSMI I NOX MultipleTerminals Desktop , IPad 'w/ Webull , . : t i} ;; Cb oe G l ob al I ndices F eed .• .. _.. - _. : . . . . . : More than 1 , 500 I ndex
Slide 24: Sleek, Convenient, and User-Friendly Interface
Sleek, Convenient, and User - Friendly Interface • - - - Desktop Native Mobile App Web Platform
Slide 25: Advanced Market Data and Charting Tools
Advanced Market Data and Charting Tools De s ktop App Technical Indicator s Mobile App Charting Tool s $ Alligator $ Relative Strength Index $ MovingAverageConvergence I Divergence $ F1bonacciTool $ Exponential MovingAverage $ Moving Average $ lchimoku Cloud $ Multiple Charting Tools SO TechnicalInd
Slide 26: Professional-Grade Trading Experience
Professional - Grade Trading Experience Variety of order type s to execute trades with precision and flexibility Enjoycustom i zable trading widgets to tailor your trading interface to your preferences via the desktop opp , mobileopp , and web - based application lnd1Vidua S K - V69160 l UMfT Explor
Slide 27: Centralized Platform, Localized Implementation
Centralized Platform, Localized Implementation Webull ' s DNA is Multi - country by Design - E ....... . i,,,· Container Infrastructure Multiple L ocalized 5etvef'S Flexible Operating Automat i on Stab il ity Secu ri ty Sca l ab i lity Upgrade s Released Every Week System r ema ine d a v ailable ove
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Slide 29: Transaction Overview
(SM) Uses (SM) Sources $7,700 Equity to Webu ll $7,700 Webu ll Rollover Transaction Overview Transaction Highlight s Valuation $7,287M enterprise va lu e to market Imp l i ed pro - forma mar ket cap ital i za t ion of $7,852M Financing T ra n sact i on ex p ected to prov i de gross pro cee d s of ap
Slide 30: Risk Factors
Risk Factors Risks Relatingto WebuU's Bu s iness a . nd Industry we have a limited operatinghistoryandour h;s1orica1operatingand financial resuttsare not necessarily i ndicativeof futureperfonnance. which makes it difficult to pre<l i ct our future businessprospects and financialpetformance . we i n