Pattern Group (PTRN) Registration Filing summary

Offering details and pricing

• Registration statement filed for a public offering as soon as practicable after effectiveness.

• Amended and Restated Certificate of Incorporation authorizes 200,000,000 shares of Common Stock and 134,817,610 shares of Preferred Stock.

• Series B Preferred Stock has an original issue price of $17.0181 per share; Series A Preferred Stock has an adjusted issue price of $7.44 per share.

• Mandatory conversion of Investor Preferred Stock into Common Stock upon a Qualified IPO with at least $100 million in gross proceeds and listing on a major exchange.

Management team and governance

• Principal executive offices located in Lehi, Utah; David Wright serves as Chief Executive Officer.

• Board structure allows holders of Series A, Series B, and Founder Voting Preferred Stock to elect specific directors; total board size set at twelve.

• Directors and officers are provided with indemnification and limited liability to the fullest extent permitted by Delaware law.

Underwriters and syndicate

• Legal counsel includes Goodwin Procter LLP and Latham & Watkins LLP.

• JPMorgan Chase Bank, N.A. is listed as Administrative Agent in multiple credit agreements.