Lucky Strike Entertainment Corporation · NYSE:LUCK
Lucky Strike Entertainment — Isos Acquisition — SPAC Merger (October 2021)
6 slides from Lucky Strike Entertainment's SPAC merger presentation, Oct 12, 2021
Slide 1: Supplemental disclosure October 2021
Supplemental disclosure October 2021
Slide 2: Pro forma capitalization table
Pro forma capitalization table Illustrative capitalization @ $10 per share 1 2 ($mm) As of February 28, 2021 Adjustments Pro forma as of February 28, 2021 Adjustments Pro forma as of June 27, 2021 Cash 2 $153 $72 $225 $32 $257 Debt 887 - 887 (2) 885 Existing preferred equity 139 (139) 0 - 0 Converti
Slide 3: Pro forma ownership at various prices
3 Pro forma ownership at various prices Source: Bowlero management; Public filings Note: Excludes EIP and ESPP in pro forma ownership calculation; Assumes no redemptions 1 Earn - out equivalent to 20.75mm shares issued to the Company shareholders triggered in two parts equally at prices of $15.00 an
Slide 4: Overview of historical quarterly pacing pre-COVID
4 % of Total FY 2018 Q1 2018 Q2 2018 Q3 2018 Q4 2018 2018 Leisure Revenue 20.8% 25.8% 29.9% 23.6% 100.0% Center Level EBITDA 15.6% 26.8% 36.8% 20.8% 100.0% % of Total FY 2019 Q1 2019 Q2 2019 Q3 2019 Q4 2019 2019 Leisure Revenue 21.0% 25.3% 30.6% 23.2% 100.0% Center Level EBITDA 17.0% 26.1% 37.2% 19.
Slide 5: Disclaimer
Disclaimer This presentation (this “Presentation”) has been prepared to assist interested parties in making their own evaluation with respect to a potential business combination between Bowlero Corp . (“Bowlero”) and Isos Acquisition Corporation (“ISOS”) and related potential investment in ISOS (tog
Slide 6: Disclaimer (cont'd)
D i s cl ai m e r ( c o n t ’ d ) Forecast and Illustrative Scenarios This Presentation contains information with respect to Bowlero’s projected results . This forecast is based on currently available information and Bowlero’s estimates . Bowlero’s independent auditors have not audited, reviewed, co