Lifeward Ltd. · NASDAQ:LFWD
Lifeward — ReWalk Robotics — Merger or Acquisition (August 2023)
11 slides from Lifeward's merger presentation, Aug 9, 2023
Slide 1: ReWalk Robotics Acquisition of AlterG
ReWalk Robotics Acquisition of AlterG Conference Call and Webcast August 9, 2023 1
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the U.S. Securities Act of 1933, and Section 21E of the U.S. Securities Exchange Act of 1934. All statements contained in t
Slide 3: Transaction Summary
Transaction Summary A transformational step in our long-term strategy for growth from both our existing portfolio of products and from synergistic acquisitions 3
Slide 4: Transaction Summary
Transaction Summary • ReWalk Robotics has agreed to acquire AlterG for about $19 mil at closing plus potential earnout payments Overview • AlterG is an innovator and provider of Anti-Gravity Systems for use in physical and neurological rehabilitation • Leadership and talent of both organizations aft
Slide 5: Key Attributes of Transaction
Key Attributes of Transaction Expected to significantly enhance ReWalk’s position as a leader in innovative Strategy neurorehabilitation technologies that enable mobility and wellness Adds novel technology – Differential Air Pressure – with proven commercial success Technology and potential for furt
Slide 6: AlterG: A Well-Established Leader in Rehabilitation Technology
AlterG: A Well-Established Leader in Rehabilitation Technology Established 2005 Specializes in developing and marketing Anti-Gravity rehabilitation and training Area of Specialty systems with the use of proprietary Differential Air Pressure technology for large and growing markets for physical and n
Slide 7: Powerful and Complementary Combination
Powerful and Complementary Combination ReWalk Anti-Gravity Exoskeleton Systems ReWalk Key Capabilities AlterG Key Capabilities • Field Sales for Home Use • Commercial Track Record of Growth • Marketing & Product Mgmt. • Field Sales for Clinic Use • Clinical / Training • Extensive Service Engineer •
Slide 8: Combined Commercial Resources Are Significant
Combined Commercial Resources Are Significant ReWalk AlterG 25+ professionals in sales 25+ professionals in & marketing, clinical, and sales and customer market access service Direct sales in U.S. Distributor network to and Germany over 40 countries Installed base of over Installed base of over 600
Slide 9: Perpetuating Cycle of Lead Generation
Perpetuating Cycle of Lead Generation Traditional AlterG lead generation Clinic Customers MyoCycle Home AlterG System ReStore ReWalk Exo-Suit Personal Exoskeleton Individual Customers MyoCycle Pro Traditional ReWalk lead generation Combined portfolio strengthens engagement with clinics, driving pote
Slide 10: Growth and Greater Scale Lead to Profitability
Growth and Greater Scale Lead to Profitability • Tailwinds Support Significant Growth Trajectory • Potential for muti-year penetration of Medicare segment of exoskeleton market based on proposed CMS coverage • New Product Introductions (NPIs) expected to be driven by development projects nearing com
Slide 11: Conclusions
Conclusions Combination of ReWalk and AlterG is expected to be transformational for our customers and investors Adds complementary, novel and innovative technology with significant untapped growth potential Comprehensive commercial team with potential to capitalize on anticipated CMS opportuni
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