Trendlines Group Ltd. · SGX:42T
Trendlines — The Trendlines Group — Corporate Update (April 2020)
10 slides from Trendlines's corporate update, Apr 7, 2020
Slide 1: The Trendlines Group Investor conference call
The Trendlines Group Investor conference call Steve Rhodes Todd Dollinger Haim Brosh Chairman and CEO Chairman and CEO Chief Financial Officer 7 April 2020 SGX:42T OTCQX: TRNLY
Slide 2: Legal disclaimer
Legal disclaimer Important notice This presentation is for informational purposes only and does not constitute or form any part of any offer for sale or subscription of, or solicitation of, any offer to buy or subscribe for any securities of The Trendlines Group Ltd. (“Company”) or any of its portfo
Slide 3: ApiFix Ltd. acquisition by OrthoPediatrics Corp.
ApiFix Ltd. acquisition by OrthoPediatrics Corp. On 2 April 2020, we announced: • the 100% acquisition of portfolio company ApiFix Ltd. (“ApiFix”) • a portfolio company focused on non-fusion treatment of progressive adolescent idiopathic scoliosis • Established by Trendlines in 2011 • by OrthoPediat
Slide 4: Acquisition terms
Acquisition terms Milestones Total consideration Trendlines’ consideration At closing 934,783 new common OP shares 187,257 shares + $150,000 + US$2.0 million in cash Earlier of 150 US$13 million (at least 25% in ~ US$2,420,600 surgeries or 2nd cash) anniversary* 3rd anniversary US$8 million (at leas
Slide 5: Portfolio company investment rounds in March 2020
Portfolio company investment rounds in March 2020 Company Amount raised Points to note • Lead investor Johnson & Johnson Innovation (“JJDC”), Trendlines also OrthoSpin Ltd. US$ 5 million participated in this fundraising round. • 2nd investment in company by JJDC Lead investor Kibbutz Yiron, joined b
Slide 6: Stock overview
Stock overview As at SGX: 42T OTCQX: TRNLY Trendlines’ SGX share price movement: April 2019 - April 2020 (S$) 3 Apr 2020 S$ US$ Share price S$ 0.083 US$ 2.77 Net asset value S$ 0.18 US$ 6.5 per share/ADR 52-wk high S$ 0.138 US$ 4.29 52-wk low S$ 0.054 US$ 2.65 Market cap S$ 65.7 million US$ 43.8 mil
Slide 7: Market Cap compared to Cash and Cash Equivalents
Market Cap compared to Cash and Cash Equivalents SGD USD Market Cap** S$ 65.7 million US$ 43.8 million Cash & bank deposits* S$ 26.9 million US$ 18.7 million ApiFix proceeds received at S$ 11.0 million US$ 7.6 million closing*** ApiFix receivable from S$ 8.0 million US$ 5.6 million milestones Total
Slide 8: Impact of COVID-19
Impact of COVID-19 • Implementation of work practices in Israel and Singapore to ensure safety and health of employees • Lack of travel makes time for thoughtful processes and using time to plan for future • Updating 2020 budgets for our companies to extend cash runway • Unabated commitment of suppo
Slide 9: SGX: 42T OTCQX: TRNLY www.trendlines.com
SGX: 42T Steve Rhodes, Chairman & CEO OTCQX: TRNLY steve@trendlines.com Todd Dollinger, Chairman & CEO +972.72.260.7000 todd@trendlines.com www.trendlines.com Haim Brosh, Chief Financial Officer haim@trendlines.com April 2020
Slide 10: General Announcement: Press release - Conference call presentation
GENERAL ANNOUNCEMENT::PRESS RELEASE - CONFERENCE CALL PRESENTATION Issuer & Securities Issuer/ Manager THE TRENDLINES GROUP LTD. Securities THE TRENDLINES GROUP LTD. - 1L0011328858 - 42T Stapled Security No Announcement Details Announcement Title General Announcement Date &Time of Broadcast 06-Apr-2