Great Elm Group, Inc. · NASDAQ:GEG
Great Elm — Merger or Acquisition (January 2023)
7 slides from Great Elm's merger presentation, Jan 3, 2023
Slide 1: Great Elm Group, Inc.
Great Elm Group, Inc. January 3, 2023 NASDAQ: GEG Great Elm Group, Inc. | NASDAQ: GEG 1
Slide 2: GEG Announced Two Transformative Deals Today
GEG Announced Two Transformative Deals Today Closing Out an Eventful 2022 in a Position of Strength Sale of GEG’s Majority Sale of GEG’s DME Business Ownership Interest in Forest for $80 million Approximately $45 million of cash from: • $26 million of cash and 346k shares of Quipt stock net to GEG a
Slide 3: Combined the Transactions
Combined the Transactions Provide significant Add $70 million+ capital to accelerate Simplify the of cash to GEG’s growth of the organization and balance sheet Investment reporting Management structure Business Great Elm Group, Inc. | NASDAQ: GEG 3
Slide 4: Pro Forma Capital Structure
Pro Forma Capital Structure(1) $000s Cash 93,132 Investments(2) 33,188 Cash + Investments $126,320 Long term debt 26,945 Short term notes payable 5,661 Convertible notes 36,085 Total Debt $68,691 Net Cash and Investments $57,629 Note: As a result of the transactions, GEG is expected to retain approx
Slide 5: Simplified Organization
Simplified Organization November 2022 Summary Structure Pro Forma Summary Structure Streamlined Organization Focused on Building a Complex Structure With Two Segments Diversified Asset Management Business GEG JPM Investor GEG Great Elm GECC GECM Monomoy DME Manager Forest GECC GECM Monomoy Publicly
Slide 6: Strategic Initiatives Recap
Strategic Initiatives Recap 1Q22 2Q22 3Q22 4Q22 2023+ GECC Leadership Monomoy GECC Management Forest Continued Focus on and Board Management Agreement Amended Transaction Strategic Initiatives to Enhancements Agreement • • Grow the Investment Acquired GECC Rights Sale of Management Business • Offeri
Slide 7: Disclaimer
Disclaimer Statements in this press release that are “forward-looking” statements, including statements regarding expected growth, profitability, acquisition opportunities and outlook involve risks and uncertainties that may individually or collectively impact the matters described herein. Investors
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