Comsovereign Holding Corp. · OTC:COMS
Comsovereign — IPO Roadshow (October 2021)
25 slides from Comsovereign's IPO roadshow presentation, Oct 1, 2021
Slide 1: Free Writing Prospectus
COMS OVEREIGN H OLDING C ORP . Free Writing Prospectus This free writing prospectus relates to the proposed public offering of 9.25% Series A Cumulative Redeemable Perpetual Prefer red Stock of COMSovereign Holding Corp. (the “Company”) that has been registered on a Registration Statement on Form S
Slide 2: COMSovereign - Connecting Tomorrow
(/COMSovereign CONNECTING TOMORROW MAD= iN USA PATEI ue 5G
Slide 3: Forward Looking Statement
COMSovereign Holding Corp. Proprietary Information 3 FORWARD LOOKING STATEMENT Certain of the information contained in this presentation may contain “forward - looking information . " Forward - looking information and statements may include, among others, statements regarding the future plans, costs
Slide 4: Summary of Expected Terms
COMSovereign Holding Corp. Proprietary Information 4 Issuer: COMSovereign Holding Corp. Security: 9.25% Series A Cumulative Redeemable Perpetual Preferred Stock Anticipated Nasdaq Symbol: COMSP Annual Dividend Amount: $2.3125 Dividend Payment Amount/Date: Monthly in the amount of $.1927 payable on o
Slide 5: Stock Overview
COMSovereign Holding Corp. Proprietary Information 5 Capitalization Information As of September 27, 2021 Nasdaq Ticker COMS Share Price $1.78 Common Shares Outstanding 77.2M Market Cap $137.4M Float 23.8M Insider Holdings 33% Convertible Notes $16.8M Headquarters Dallas, TX CONNECTING TOMORROW STOCK
Slide 6: The Made in America Path to 5G
COMSovereign Holding Corp. Proprietary Information 6 THE MADE IN AMERICA PATH TO 5G USA Built for a Global Market We are a US - based developer of 4G LTE Advanced and 5G communication systems and solutions which we sell to governments and networks worldwide. Our products include both traditional fix
Slide 7: 5G and the Internet of Things
COMSovereign Holding Corp. Proprietary Information 7 5G is about the amount and speed of which data is transmitted and received CONNECTING TOMORROW 4 G 5G and the INTERNET OF THINGS (IOT) 5 G 5 G Network Servers Smart Health Smart Factories Smart Homes Smart Cars 4 G Fast Much Faster Speed With More
Slide 8: Investment Highlights
COMSovereign Holding Corp. Proprietary Information 8 CONNECTING TOMORROW INVESTMENT HIGHLIGHTS • Significant Revenue Ramp anticipated commencing in Q4 - 2021 • Considerable potential operating leverage through consolidating acquired businesses and eliminating duplicative overhead • Proven track reco
Slide 9: Our Company
9 CONNECTING TOMORROW OUR NETWORKS R&D THE COMPANY OUR COMPANY COMSovereign R&D We provide fixed and rapidly deployable communications networks to the Aviation and Telecommunication markets along with the power to run them. POWER TELECOMMUNICATIONS AVIATION COMSovereign Holding Corp. Proprietary Inf
Slide 10: Our Products
COMSovereign Holding Corp. Proprietary Information 10 CONNECTING TOMORROW RAID 5G BackPack Smart Homes FeatherLite 5 G Antennas, Radios & Consumer Products Licensed Band Microwave Radios And Network Devices Unlicensed Microwave Radios 5G Deployable Devices Aerial Communication Platforms Intelligent
Slide 11: Our Customers and Vendors
COMSovereign Holding Corp. Proprietary Information 11 SOME OF OUR 700+ CUSTOMERS AND VENDORS CONNECTING TOMORROW OUR CUSTOMERS AND VENDORS
Slide 12: Milestone Plan
Milestone Plan www.myproject.com CONNECTING TOMORROW COMSovereign Founded Intelligent Batteries Data Center Motorsports Innovating Silicon Photonics for Telecom Next Gen Engineering for Telecom Dual Band Technologies for Telecom Microwave Radios for Telecom Tethered Drones for Surveillance and Netwo
Slide 13: RAID 5G BackPack
CONNECTING TOMORROW R&D RAPID AUTONOMOUS INSTANT - DEPLOYABLE 4/5G 13 • Portable, Ultra - Compact & Fully Ruggedized LTE Network On - the - Go Anywhere, Anytime • Initialized and Operational at the Push of a Single Button • Telecom Standards Compliant Network in an 8.5 pound Unit COMSovereign Holdin
Slide 14: FeatherLite Standalone Deployable LTE 4/5G
CONNECTING TOMORROW R&D THE COMPANY OUR COMPANY FEATHERLITE STANDALONE DEPLOYABLE LTE 4/5G 14 • Complete LTE Network Payload for UAV’s in a 6.5 pound Unit • Initialized and Operational at the Push of a Single Switch • Telecom Standards Compliant Network COMSovereign Holding Corp. Proprietary Informa
Slide 15: Sky Sapience HoverMast Tethered Aerial Platform
CONNECTING TOMORROW R&D THE COMPANY OUR COMPANY SKY SAPIENCE HOVERMAST TETHERED AERIAL PLATFORM 15 • The Most Advanced Tethered Rotor UAV to Date Deployable in Minutes Up to 300 feet w/Payloads • Vehicle Mounted and On - the - Go Operation Used by Governments Around the World • Fiber Optic & Powered
Slide 16: Drone Aviation WASP Tethered Aerial Platform
CONNECTING TOMORROW R&D THE COMPANY OUR COMPANY COMSovereign R&D DRONE AVIATION WASP TETHERED AERIAL PLATFORM 16 • Highly Versatile Small Form Aerostat Capable of Deploying a Wide Variety of Payloads • Used Extensively in the US & Overseas for Long Loiter Surveillance and Communications (Days at a T
Slide 17: DragonWave Harmony MC Multi-Channel Telecom
CONNECTING TOMORROW R&D THE COMPANY OUR COMPANY DRAGONWAVE HARMONY “MC” MULTI - CHANNEL TELECOM 17 • Telecom Backhaul Radio of Choice with Higher Power, Longer Ranges & More Data • Pioneer of Many of the World’s First Carrier - Grade Telecom Radio Features • Links Used Stand - Alone or as Part of th
Slide 18: LTE-CPE Private Secure Network Communication
CONNECTING TOMORROW R&D THE COMPANY OUR COMPANY COMSovereign R&D LTE - CPE PRIVATE SECURE NETWORK COMMUNICATION 18 • Highly Efficient, Fixed Broadband LTE Small - Cell Telecom Radios • Multiple Bands Available for a Myriad of Network Deployments • 4G / 5G and More Advanced Designs Coming to Market w
Slide 19: Next Generation IPTV
CONNECTING TOMORROW R&D THE COMPANY OUR COMPANY COMSovereign R&D NEXT GENERATION IPTV 19 • Next Generation IPTV for Home & Office Use • Google Certification & Widevine Level 1 Encryption • Self - Branded and OEM Options for Outside Customer Productization COMSovereign Holding Corp. Proprietary Infor
Slide 20: Management
MANAGEMENT See http://www.comsovereign.com/entireteam for detailed curricula vitae 20 ▪ DANIEL HODGES – CHAIRMAN, CEO & CO - FOUNDER 26+ years as military officer, F - 16 instructor pilot, entrepreneur, author, investor, founder of multiple aerospace, intelligenc e, coms and scientific R&D companies
Slide 21: Quarter Highlights
COMSovereign Holding Corp. Proprietary Information 21 CONNECTING TOMORROW QUARTER 2 HIGHLIGHTS • Revenues in the second quarter increased 73% sequentially over revenue for the first quarter; • Revenue growth was impacted by a global shortage of key components. Currently fulfilling an $8.7 million op
Slide 22: Income Statement Data
COMSovereign Holding Corp. Proprietary Information 22 CONNECTING TOMORROW INCOME STATEMENT DATA* Millions - $ Three months ended June 30, 2021 Six months ended June 30, 2021 Revenue 3.6 5.7 Cost of Goods Sold 1.8 2.9 Gross Margin 1.8 2.8 Research & Development 1.2 1.8 Sales and Marketing 0.1 0.2 Gen
Slide 23: Income Statement Data
COMSovereign Holding Corp. Proprietary Information 23 CONNECTING TOMORROW INCOME STATEMENT DATA* Millions - $ June 30, 2021 June 30, 2020 December 31, 2020 Revenue 5.7 5.5 9.4 Cost of Goods Sold 2.9 2.6 4.6 Gross Margin 2.8 2.9 4.8 Research & Development 1.8 0.7 2.0 Sales and Marketing 0.2 – – Gener
Slide 24: Balance Sheet Data
COMSovereign Holding Corp. Proprietary Information 24 CONNECTING TOMORROW BALANCE SHEET DATA* Millions - $ June 30, 2021 Cash 4.9 Receivables 1.7 Other Current Assets 7.8 Inventory 7.1 Total Current Assets 21.6 PPE 13.3 Goodwill & Intangibles 153.6 Total Assets 188.4 Current Liabilities 9.5 Current
Slide 25: Setting the Stage for Dividend Coverage
CONNECTING TOMORROW SETTING THE STAGE FOR DIVIDEND COVERAGE 25 • Sequential Q2 vs. Q1 revenue growth despite global component shortage; • Substantial backlog; • 2021 acquisitions anticipated to be significant contribution to future performance; and • Potential cost savings through consolidation of o