Mondee Investor Presentation Deck
Post-Merger Capital Structure
July 18, 2022
Mondee completed its business combination with ITHAX Acquisition Corp.
July 19, 2022
Mondee started trading on Nasdaq under the ticker "MOND"
Mondee collected $70 million from the equity PIPE transaction consummated at
the closing of the business combination and used part of that liquidity to optimize
its capital structure and reduce net debt by $40 million to $157 million.
As of August 12, 2022
Mondee had outstanding 81,247,218 of Class A common stock (74,747,218 shares plus 6,500,000
unvested earnout shares) and 12,412,500 redeemable warrants representing the right to purchase
one share of Class A common stock.
PIPE:
7,000,000
(in process of being
registered)
Warrants:
12,412,500
($11.50 strike price)
MONDEE
Class A shares
subject to a
lockup:
66,233,750
(6-month lockup)
Earnout: 6,500,000
(granted but not
vested; another
2,500,000 not
assigned)
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