Gigacloud Technology Inc · NASDAQ:GCT
Gigacloud Technology — Merger or Acquisition (December 2023)
18 slides from Gigacloud Technology's merger presentation, December 2023
Slide 1: Noble House & Wondersign Acquisition
Noble House & Wondersign Acquisition December 2023
Slide 2: Disclaimer
Disclaimer The information contained in this presentation has been prepared by GigaCloud Technology Inc (the “Company”) solely for informational purposes and should not be construed to be, directly or indirectly, in whole or in part, an offer to buy or sell and/or an invitation and/or a recommendati
Slide 3: Our Mission Statement
Our Mission Statement GigaCloud Technology is a leading B2B marketplace provider, striving to empower the future of global e-commerce landscape With a meticulously developed and comprehensive B2B platform coupled with decades of industry experience, GigaCloud delivers success to large parcel & e-com
Slide 4: Strategic Unification: Rationale Behind Acquisitions
Strategic Unification: Rationale Behind Acquisitions Values Synergies Best Product Strengthening the volume & reach of + GigaCloud B2B Marketplace ecosystem Best Efficiency through • premium product segment • supplier diversity • warehouse infrastructure Enhanced Reach • elevated technology + foster
Slide 5: GigaCloud Technology & Noble House
(¢) Ge X & TECHNOLOGY NOBLE, HOUSE
Slide 6: Noble House Transaction Overview
Noble House Transaction Overview ▪ Asset acquisition of select Normal house assets for $85M, subject to customary purchase price Transaction adjustment ▪ Transaction closed October 31, 2023 ▪ Funded by cash under balance sheet ▪ Noble House Home Furnishings LLC is a leading B2B distributor of indoor
Slide 7: About Noble House
About Noble House 8,000+ SKUs Home of various beloved products and fan-favorite retail brands… $491M gross revenue in FY22 2.3M+ square feet of warehouse space 1M+ five-star rating online Cutting-edge R&D + product design capabilities Robust Supply in Southeast Asia, India, Mexico A patio set from C
Slide 8: Noble House Specs.
Noble House Specs.* Product Mix Customer Base Walmart Home Décor Accessory 3% Depot 4% 5% 9% Target Other 12% Overstock 7% Other Dining Indoor 8% 21% 30% 45% Outdoor Seating 55% Amazon Living Room 23% 23% Wayfair 26% 29% Portfolio of Branded and White Label Products *Product Mix and Customer Base da
Slide 9: Acquisition Substantially Expands N.A. Warehouse Capacity
Acquisition Substantially Expands N.A.Warehouse Capacity GigaCloud Technology 16 U.S. Warehouse Footprint Approx. Noble House 5M Square Feet 23N.A. Warehouses Approx. + = 7.3M Square Feet of Total Space 7New NH Warehouses Approx. 2.3 M Square Feet 1 8 4 1 1 1 1 1 4 9
Slide 10: A Strategic Acquisition for GigaCloud
A Strategic Acquisition for GigaCloud Core Businesses Optimization Service Offerings Elevation • Integrates diverse product offerings and enhances warehouse expansion for streamlined • Leverage extensive customer and vendor relationships to foster collaboration and operations and enhanced business p
Slide 11: Noble House Integration Plan
Noble House Integration Plan Business Restructuring for Focus on Core B2B • Focusing on core B2B and explore strategic options to restructure legacy business in manufacturing, retail, and GDF studio to drive sustained growth in key strategic sectors Roadmap to Profitability • Projected to reach brea
Slide 12: GigaCloud Technology & Wondersign
(¢) SSH \Y wonder TECHNOLOGY
Slide 13: Wondersign Transaction Overview
Wondersign Transaction Overview ▪ Acquisition of a 100% equity interest of Wondersign for total cash consideration of $10M, subject to customary purchase price adjustments Transaction ▪ Transaction closed November 15, 2023 ▪ Funded by cash under balance sheet ▪ Wondersign is a cloud-based interactiv
Slide 14: About Wondersign
About Wondersign • Headquarters: Tampa, FL • Founded: 2002 • Solutions: Catalog management, ecommerce connectors, catalog app, in-store kiosks & tablets In-Store Tablets Prompt mobile commerce application enables retail sales associates to browse, Product Management Ecommerce Retarget Visitors disco
Slide 15: Amplifying GigaCloud Marketplace Impact through Real-time Catalog Distribution
Amplifying GigaCloud Marketplace Impact through Real-time Catalog Distribution Consumer Ready Data Automatic Updates Distribution Control Vendor product data is normalized in Discontinued items are removed, and new Vendors have full control over price a ready-to-use format for retailers to items are
Slide 16: A Strategic Acquisition for GigaCloud
A Strategic Acquisition for GigaCloud Technology and Supply Chain Enhancement Business Reach and Rebrand • Integration of Wondersign‘s automated catalog management tools expand the • Increase the reach to brick-and-mortar storefronts, capturing a broader customer service offering capabilities of Gig
Slide 17: Wondersign Integration Plan
Wondersign Integration Plan Integration Overview • Incorporating Advanced Technology: Elevating GigaCloud’s technology stack through the integration of Wondersign's automated catalog management tools • Accelerating Reach: Amplifying the accessibility of extensive catalogs within the B2B Marketplace,
Slide 18: Thank You
&) GIGACLOUD TECHNOLOGY THANK YOU
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