Read more. SPAC Merger Wag Labs Going Public Through $350M Business Combination with CHW Acquisition February 3, 2022 1 minute read American pet services marketplace Wag Labs, a technology platform that enables on-demand and scheduled dog walking, training, and other pet care services, today announced plans to merge with CHW Acquisition. REGENXBIO Announces Presentation at the Jefferies Global - BioSpace Inclusion of such logos does not necessarily imply affiliation with or endorsement by such firms or businesses. Information on the 2022 Annual General Meeting. Wag Pro Forma Enterprise Value of $354 million at close of business combination Implied Pro forma Enterprise Value to Revenue multiple of 8.5x and 5.0x, for 2022E and 2023E, respectively Purchase multiples assume revenue of $42 million and $71 million, for 2022E and 2023E, respectively Transaction to be funded via a $5 million PIPE & Backstop Investment, $11 million Pre - PIPE Investment, $30 million Term Loan, and CHW Cash - in - Trust of $125 million ( ) Total cash proceeds of $171 million ( ) for the transaction Net cash proceeds to accelerate and fund growth, as well as for organic & strategic growth initiatives Wags existing shareholders and management are rolling 100% of their equity into the transaction Wags pre - closing shareholders will potentially receive new additional shares in the form of an earnout achieved in three equal installments at $12.50, $15.00 and $18.00 a share, corresponding to approximately 9%, 16% and 22%, respectively, of pro forma shares outstanding (4) CHW has agreed to potentially forfeit up to 360,750 shares based upon similar triggers as Wags earnout described above ( ) 37 Transaction Overview CONFIDENTIAL, Content is the confidential information of Wag Labs, Inc. and may be used by recipient for the sole purpose of evaluating a possible transaction between recipient and Wag Labs, Inc. By receiving this information, recipient and recipients affiliates agree to maintain the confidentiality of the information contained herein. We may not be able to obtain or maintain adequate insurance cov era ge. These materials were comp ile d on a confidential basis for use by Wag Labs, Inc. in presenting certain materials to specific persons and not with a view to public disclosure or filing thereof und er state or federal securities laws. Wellness Revenue * Includes pro forma FY2021 M&A of Pet Insurer, Petted, which closed Q3:2021 24, 14 Dependable, Recurring Customer Behavior Recurring services and Wag! To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Group Co. , Nasdaq: PET), which strives to be the number one platform for Pet Parents, offering on-demand access to five-star pet care, pet insurance options, premium pet products, and expert pet advice, is set to join the Russell Microcap Platform in a given period Gross Bookings - gross payment volume, including tips, processed through the Wag! Pet Parent Price per Unit* Dog Walking On - demand and recurring dog walks $20.00 / 30 - min walk Drop - In Visits Quick home visit for dogs and cats $15.00 / visit Boarding A sleepover for your pet in a Pet Caregivers home $59.00 / night House Sitting Overnight pet sitting in the comfort of your home $39.00 / night Training One - on - one training sessions $60.00 / in - home session Wellness Simple and affordable wellness plans and insurance comparison marketplace $42.00 / month Health 24/7 expert pet advice $30.00 / session % of Revenue* 74% 26% 10% discount 24/7 VIP Customer Service Top rated Pet Caregivers No booking fees Includes discount plans Includes unlimited pet advice Wag! Wait Time for On - Demand Request 15 Min (2021) 18 18 Pet Parent Rebooking Rate 90% (2017 - 2021) Rebooking Rate is calculated as percentage of cohort who complete 1 or more services after their initial booking, 19 19 Attach Rate* 25% (2020 - 2021) Dog Walking Trusted, local, 5 - star dog walkers in your neighborhood Drop - In A quick home visit for dogs and cats who love having friends over Training One - on - one training sessions, over the phone or in - person Health Chat with a certified pet expert 24/7 Boarding A sleepover for your pet in a Pet Caregivers home Sitting A sleepover for your pet in the comfort of your own home Pet Insurance Compare and purchase top - rated pet wellness and insurance plans Wellness Plans Subscribe and save to premium wellness plans Were Building the #1 Platform for Pet Wellbeing CONFIDENTIAL Attach Rate calculated as the percentage of customers whove completed services in 2 or more service - types on the Wag platform (Walking, Si tting & Boarding, Drop - Ins, Training, Health), 20 20 CONFIDENTIAL Wag! Porch to go public at $523M valuation in SPAC deal, marking - GeekWire Additionally, CHW will file other relevant materials with the SEC in connection with the proposed business combination. Non-GAAP Financial Measures and Other Operating Metrics. Any actual or perceived breach of security or security incident or privacy or data protection breach or violation could inter rup t our operations, harm our brand and adversely affect our reputation, brand, business, financial condition and operating results. team, who continue to work tirelessly to achieve our goal of consolidating the pet industry as we provide access to on-demand pet services and transforming the pet industry by simplifying pet care. This communication shall also not constitute an offer to sell or a solicitation of an offer to buy any securities of CHW or Wag!, nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Premium has been resilient & sticky in the face of COVID Premium drives cross - sell to other service types the benefits extend to 25% of Premium subscribers select Annual plan Wag! To the extent that holdings of CHW's securities by CHW's insiders have changed from the amounts reported therein, any such changes have been or will be reflected on Statements of Change in Ownership on Form 4 filed with the SEC. No representation or warranty, express or implied, is made as to the accuracy or completeness of such information and nothing co nta ined herein is, or shall be relied upon as, a representation, whether as to the past, the present or the future. Group Co. Wag! Before making any voting or investment decision, investors and security holders of CHW are urged to read the Form S-4, the proxy statement/prospectus and all other relevant materials filed or that will be filed with the SEC in connection with the proposed business combination because they will contain important information about the proposed business combination and the parties to the proposed business combination. We reserve the right to block IP addresses that submit excessive requests. Wag! Company Profile: Stock Performance & Earnings | PitchBook Reference ID: 0.754c1002.1685829329.381a943e. The NVIDIA DGX GH200 's massive shared memory space uses NVLink interconnect technology with the NVLink Switch System to combine 256 GH200 superchips, allowing them to perform as a single GPU. To ensure our website performs well for all users, the SEC monitors the frequency of requests for SEC.gov content to ensure automated searches do not impact the ability of others to access SEC.gov content. CONFIDENTIAL Legal Disclaimer, Business Combination Highlights 3 Wag! Premium Penetration Rate (% of Active Users) * 40%, 21 Screened, Background Checked, & Approved Pet Caregivers 400k+ (2021) Extensive Knowledge Testing Property damage insured up to $1,000,000 24/7 Customer Support 21 Screened & Background Checked CONFIDENTIAL Industry Leading Background Checks and Safety Property damage of $1,000,000 subject to applicable plan limitations, 23 We Have Positive Service Unit Economics in Every Market 40% Platform Fee across service types All markets are contribution margin positive Demonstrated success adding complimentary services (Wag! Pet Parent Price per Unit, % of Revenue for FY 2021 **% of Premium Subscribers as of December 2021 40% of Active Pet Parents % of Premium Subscribers** CONFIDENTIAL, 9 9 CONFIDENTIAL Large, Resilient Category with No Signs of Slowdown 7% CAGR U.S. Pet Spend 2021 Estimated U.S. Pet Industry Expenditures $110B (American Pet Product Association) 2021 Wag! Current guidelines limit users to a total of no more than 10 requests per second, regardless of the number of machines used to submit requests. CONFIDENTIAL 38 38 38, 40 40 CONFIDENTIAL Disclaimer This investor presentation (this Investor Presentation) has been prepared by Wag Labs, Inc. (the Company) and CHW Acquisi tio n Corporation (the SPAC) in connection with the proposed business combination (the Business Combination) of the SPAC and the Company. Neither the SPAC nor the Company nor any of their respective affiliates makes any representation or warranty, express or implied, as to the accuracy or completeness of this Investor Presentation and nothing contained herein should be relied upon as a promise or representation as to past or future performance of the SPAC, the Companies or any other entity referenced herein. Rating Negative Supply - side CAC Pet Caregivers pay $29.95 resulting in negative CAC Negative Supply CAC Platform Highlights CONFIDENTIAL, 15 15 CONFIDENTIAL Robust Pet Caregiver profiles Digital and Trusted Wag! Wag! Existing Wag shareholders would hold approximately 65% of the combined company at closing. We could in the future need to disclose, and be required to remediate, material weaknesses or significant deficiencies in our in ternal control over financial reporting. Former SoftBank-backed dog walking startup Wag plans SPAC merger, $300M Stay informed daily on the latest SPAC news. PDF INVESTOR PRESENTATION June 2021 - Northern Genesis If our estimates or judgments relating to our critical accounting standards prove to be incorrect, or such standards change o ver time, our results of operations could be adversely affected. If a user or application submits more than 10 requests per second, further requests from the IP address(es) may be limited for a brief period. Moreover, actual events are difficult to project and often depend upon factors that are beyond the control of the SPAC and the Company. Wag! Group Co - Home Premium) December - 2021 30 - minute walk averages are used as basis for waterfall CONFIDENTIAL 23 23, 24 24 CONFIDENTIAL Steady State Services Take Rate 36% (2021) Robust Service Take Rate is Driven by Platform Value & Operational Excellence 24 24 Wag! These risks and uncertainties may be amplified by the COVID-19 pandemic, which has caused significant economic uncertainty. Excludes the impact of 4.2 million sponsor warrants and 12.5 million public warrants. DealFlow Financial Products, Inc. (d/b/a DealFlow Events). PO Box 122Syosset, NY 11791(516) 876-8006team@dealflowevents.com. Dog Walking App Wag! to Go Public in SPAC Deal With CHW In connection with the proposed business combination, on March 10, 2022, CHW filed a registration statement on Form S-4 (the "Form S-4") with the Securities and Exchange Commission (the "SEC"). was created because lonely pets deserve healthier and happier lives Leaving your pet alone at home creates stress and the existing solutions are limited Wag! forecasts that pre - 2020 cohorts will never fully recover and that they will make up less than 30% of revenue in 2022. For more information, contact opendata@sec.gov. Premium benefits, Wag! Investor Presentation July 2021 1 Image: South Passage, Australia -October 1, 2015 Disclaimers About this Presentation This investor presentation (this "Presentation") relates to a proposed business combination (the "Business Combination") betweendMYTechnology Group, Inc. IV ("dMY") and Planet Labs, Inc. (the "Company"). Please refer to any footnotes where presented in this Investor Presentation, as well as to the table on the final page, for a reconciliation of these measures to what the Company believes are the most d ire ctly comparable measure evaluated in accordance with GAAP. No person has been authorized to make any statement concerning the SPAC or the Company other than as will be set forth in the Of fer ing Materials, and any representation or information not contained therein may not be relied upon. If third parties software providers were to interfere with the distribution of our platform or with our use of such software, ou r business would be materially adversely affected. To allow for equitable access to all users, SEC reserves the right to limit requests originating from undeclared automated tools. Platform on a scale of one t o five Attach Rate - calculated as the percentage of customers whove completed services in 2 or more service - types on the Wag platform (Walking, Sitting & Boarding, Drop - Ins, Training, Health) Rebooking Rate - calculated as a percentage of cohort who complete one or more services after their first initial booking Recurring Services - calculated as percentage of services on a daily basis which are on a set - and - forget repeat schedule, booked through the Wag! These non - IFRS financial measures are subject to inherent limitations as they reflect the exercise of judgments by management about which expense and income are excluded or included in determining these non - GAAP financ ial measures. We are subject to increasingly stringent environmental regulations. San Francisco-based Wag and CHW Acquisition Corp. will have a value of . This Investor Presentation may not be reproduced or used for any oth er purpose. CHW, Wag! Premium Pet Parent Average Monthly Frequency * 7 - 8x Additional Service Attach Rate (% of Subscribers) ** 42% * As of December 2021 ** Based on 2020 - 2021 data Wag! Services TAM $10B (American Pet Product Association) 2021 Wag! This communication shall not constitute a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the proposed business combination. announced plans to become listed through a $350 million business combination with CHW Acquisition Corporation. Certain monetary amounts, percentages and other figures included in this Investor Presentation have been subject to rounding adj ustments. The basis of presentation for the pro forma information is dependent on the expected accounting treatment of the transaction and typically include considerations for public shareholders' redemptions, secondary transactions and impact from any tax status change from the SPAC merger. The performance projections and estimates are subject to the on going COVID - 19 pandemic, and have the potential to be revised to take into account further adverse effects of the COVID - 19 pandemic on the future performance of the SPAC and the Company. Presentations and AGM archive. Mobile First Home Access Weekly Usage US Pet Industry Expenditures https://www.americanpetproducts.org/press_industrytrends.asp 40.2%, 8 Were the One Stop Shop for Premium Pet Care Avg. CAC - marketing acquisition spend divided by number of new customers in a given period Organic User Acquisition - defined as the percentage of new Pet Parents who are not attributable to a performance marketing chan nel, thus discovered Organically Services - calculated as the number of services completed through the Wag! You should carefully consider the foregoing factors and the other risks and uncertainties described in the Risk Factors sec tio n of the SPACs registration statement on Form S - 1 (the Registration Statement) and the proxy statement/prospectus discussed below and other documents filed by the SPAC from time to time with the U.S. Securities and Exc han ge Commission (SEC). Investors and security holders may obtain more detailed information regarding the names and interests in the proposed business combination of CHW's directors and officers in CHW's filings with the SEC, including CHW's initial public offering prospectus, which was filed with the SEC on August 30, 2021, CHW's subsequent quarterly reports on Form 10-Q, annual reports on Form 10-K and the Form S-4. 2 2 This presentation is the confidential information of Wag Labs, Inc. and may be used by recipient for the sole purpose of eval uat ing a possible transaction between recipient and Wag Labs, Inc. (5) Includes 360,750 Sponsor Earn - out shares which are subject to forfeiture. As part of its efforts to enhance its Wag! This Investor Presentation also includes certain projections of non - GAAP financial measures. The role of Private Investment in Public Equity (PIPE) in financing These non - GAAP financial measures are not measures of financial performance in accordance with GAAP and may exclude items that are significant in unde rst anding and assessing the Companys financial results. The dog-walking app made huge waves back in 2018 when it raised $300 million from SoftBank's Vision Fund. Many factors could cause actual future events to differ from the forward-looking statements in this communication, including but not limited to: (1) the outcome of any legal proceedings that may be instituted against CHW or Wag! The focus of the team is to pursue a business combination within the consumer, health and wellness or retail sector. ET A live webcast of the presentation can be accessed in the Investors section of . Due to the high variability and di fficulty in making accurate forecasts and projections of some of the information excluded from these projected measures, together with some of the excluded information not being ascertainable or accessible, the Company is unab le to quantify certain amounts that would be required to be included in the most directly comparable IFRS financial measures without unreasonable effort. SEATTLE, May 31, 2023 (GLOBE NEWSWIRE) -- Sana Biotechnology, Inc. (NASDAQ: SANA), a company focused on changing the possible for patients through engineered cells, today announced that it will webcast its presentations at two investor conferences in June.The presentations will feature a business overview and update by Steve Harr, Sana's President and Chief Executive Officer. Adjusted EBITDA is a non-GAAP financial measure defined as net income (loss) adjusted for (benefit from) income taxes, interest income (expense), depreciation and amortization, stock-based compensation expense, and 2020 restructuring expense. You can also sign up for email updates on the SEC open data program, including best practices that make it more efficient to download data, and SEC.gov enhancements that may impact scripted downloading processes. SEC.gov | HOME On March 10, CHW filed its Registration Statement on Form S-4 with the U.S. Securities and Exchange Commission (SEC) in connection with the previously announced business combination transaction between Wag! Announces Record Fourth Quarter and Full Year 2021 Results, Beats Initial Revenue and EBITDA Guidance, Internet Explorer presents a security risk. PDF Investor Presentation - Planet These materials are not intended to provide the sole basis for evaluating and should not be considered a recommendation with respect to, any transaction or other matter. Changes in laws or regulations relating to privacy, data protection, or the protection or transfer of data relating to indivi dua ls, or any actual or perceived failure by us to comply with such laws and regulations or any other obligations relating to privacy, data protection or the protection or transfer of data relating to individuals, could a dve rsely affect our business. Investor Relations - Forbes Connect Neither the SPAC nor the Company commits to update or revise the forward - looking statements set forth herein, whether as a result of new information, future events or ot herwise, except as may be required by law. - announced Thursday it will combine with CHW Acquisition (CHW). In addition, there will be risks and uncertainties described in the Form S-4 and other documents which are or will be filed by CHW from time to time with the SEC. Sales of a substantial number of the combined companys common shares in the public market, including those issued upon exerc ise of warrants or options, could cause our share price to decline. The Company also believes that the use of these non - GAAP financial measures provides an additional tool for investors to use in evaluating ongoing operating results and trends, and in comparing the Companys financial measures with other similar companies, many of which present similar non - GAAP financial measures to investo rs. You should be aware that the Companys presentation of these measures may not be comparable to similarly - titled measures used by other companies, including those peers whose measures are pr esented in this Investor Presentation. CONFIDENTIAL Risk Factors, Pet Parent - defined as someone who uses the Wag! Wag Doesn't Adequately Protect Dogs, Say Walkers, Former Employees Thank you for your interest in the U.S. Securities and Exchange Commission. Wag's recovery is a bet on you going back to work | TechCrunch Adjusted EBITDA provides a basis for comparison of our business operations between current, past, and future periods by excluding items from net income (loss) that we do not believe are indicative of our core operating performance. Wag! 's securities; (8) the risk that the proposed business combination disrupts current plans and operations as a result of the announcement and consummation of the business combination; (9) the inability to recognize the anticipated benefits of the proposed business combination, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth profitably, maintain relationships with users and suppliers and retain key employees; (10) costs related to the proposed business combination; (11) changes in the applicable laws or regulations; (12) the possibility that the combined company may be adversely affected by other economic, business, and/or competitive factors; (13) the risk of downturns and a changing regulatory landscape in the highly competitive industry in which Wag! Wag! Reports Third Quarter 2022 Financial Results - GlobeNewswire Highlights CHW Investment Criteria Highly innovative industry disruptor Proven ability to unlock growth Mobile first, on - demand platform Leading industry brand Seamless customer experience Outsized competitive advantages High Barriers to Entry Public markets management team Sustainable earnings with significant growth CONFIDENTIAL, Business Combination Rationale CONFIDENTIAL Criteria: Focus on Growth, Brand and Management High growth rate Sector or product category leadership Competitive advantages in technology, e - channel capability, IP or brand Scalable platform with public company readiness Highly driven and experienced management team 4. Platform and other revenue streams Reviews - calculated as the Pet Parent rating of a service completed by a Pet Caregiver on the Wag! CHW is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The filing can be accessed at https://www.sec.gov/.