Ann: EUR Merger with NASDAQ Corp - Equity Consideration US$750m, page-110

1Implied pro forma enterprise value calculated as implied pro forma market capitalisation less pro forma cash on hand (after transaction expenses)3
2 The value of the equity consideration to be paid to EUR is US$750 million worth of ordinary shares in Critical Metals Corp.
3Implied pro forma market capitalisation calculated as expected ordinary shares on issue in Critical Metals multiplied by $10.20 per share (being approximately the same price at which the existing stockholders of Sizzle can redeem their shares and the price at which equity capital will be raised in Critical Metals).