Exhibit 99.1

OSPREY TECHNOLOGY ACQUISITION CORP.

BALANCE SHEET

NOVEMBER 5, 2019

 

     November 5,
2019		     Pro Forma
Adjustments		     As Adjusted  
           (unaudited)     (unaudited)  

ASSETS

       

Current assets

       

Cash

    $ 1,126,709     $ —       $ 1,126,709  

Prepaid expenses

      226,800       —         226,800  
  

 

 

    

 

 

    

 

 

  

Total Current Assets

      1,353,509       —         1,353,509  

Marketable securities held in Trust Account

      275,000,000       41,250,000       316,250,000  
  

 

 

    

 

 

    

 

 

  

Total Assets

    $ 276,353,509     $ 41,250,000     $ 317,603,509  
  

 

 

    

 

 

    

 

 

  

LIABILITIES AND STOCKHOLDERS’ EQUITY

       

Liabilities

       

Deferred underwriting fee payable

    $ 9,625,000     $ 1,443,750     $ 11,068,750  
  

 

 

    

 

 

    

 

 

  

Total Liabilities

      9,625,000       1,443,750       11,068,750  
  

 

 

    

 

 

    

 

 

  

Commitments

       

Common stock subject to possible redemption, 26,172,850 and 30,153,475 shares at redemption value, respectively

      261,728,500       39,806,250       301,534,750  
  

 

 

    

 

 

    

 

 

  

Stockholders’ Equity

       

Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding

      —         —         —    

Class A Common stock, $0.0001 par value; 150,000,000 shares authorized; 1,327,150 and 1,471,525 issued and outstanding (excluding 26,172,850 and 30,153,475 shares subject to possible redemption), respectively

      133       14       147  

Class B Common stock, $0.0001 par value; 25,000,000 shares authorized; 7,906,250 shares issued and outstanding

      791       —         791  

Additional paid in capital

      5,016,450       (14 )      5,016,436  

Accumulated deficit

      (17,365 )      —         (17,365 ) 
  

 

 

    

 

 

    

 

 

  

Total Stockholders’ Equity

      5,000,009       —         5,000,009  
  

 

 

    

 

 

    

 

 

  

TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY

    $ 276,353,509     $ 41,250,000     $ 317,603,509