Exhibit 99.1
ACIES ACQUISITION CORP.
BALANCE SHEET
OCTOBER 27, 2020
October 27, 2020 | Pro Forma Adjustments | As Adjusted October 27, 2020 | ||||||||||
| (unaudited) | (unaudited) | |||||||||||
| ASSETS | ||||||||||||
| Current assets | ||||||||||||
| Cash | $ | 4,179,381 | $ | — | $ | 4,179,381 | ||||||
| Prepaid expenses | 750,650 | — | 750,650 | |||||||||
| Total Current Assets | 4,930,031 | — | 4,930,031 | |||||||||
| Security deposit | 2,875 | 2,875 | ||||||||||
| Cash held in Trust Account | 200,000,000 | 15,250,000 | 215,250,000 | |||||||||
| Total Assets | $ | 204,932,906 | $ | 15,250,000 | $ | 220,182,906 | ||||||
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||||||||||||
| Current liabilities | ||||||||||||
| Accounts payable and accrued expenses | $ | 1,105 | — | 1,105 | ||||||||
| Accrued offering costs | 78,451 | — | 78,451 | |||||||||
| Due to Sponsor | 2,621,369 | — | 2,621,369 | |||||||||
| Promissory note – related party | 278,631 | — | 278,631 | |||||||||
| 2,979,556 | — | 2,979,556 | ||||||||||
| Deferred underwriting fee payable | 7,000,000 | 533,750 | 7,533,750 | |||||||||
| Total Liabilities | 9,979,556 | 533,750 | 10,513,306 | |||||||||
| Commitments and Contingencies | ||||||||||||
| Class A ordinary shares subject to possible redemption, 18,995,334 and 20,466,959 shares at redemption value, respectively | 189,953,340 | 14,716,250 | 204,669,590 | |||||||||
| Shareholders’ Equity | ||||||||||||
| Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued and outstanding | — | — | — | |||||||||
| Class A ordinary shares, $0.0001 par value; 500,000,000 shares authorized; 1,004,666 and 1,058,041 issued and outstanding (excluding 18,995,334 and 20,466,959 shares subject to possible redemption, respectively) | 100 | 6 | 106 | |||||||||
| Class B ordinary shares, $0.0001 par value; 50,000,000 shares authorized; 5,750,000 shares issued and outstanding | 575 | (37 | ) | 538 | ||||||||
| Additional paid-in capital | 5,045,914 | 31 | 5,045,945 | |||||||||
| Accumulated deficit | (46,579 | ) | — | (46,579 | ) | |||||||
| Total Shareholders’ Equity | 5,000,010 | — | 5,000,010 | |||||||||
| TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY | $ | 204,932,906 | $ | 15,250,000 | $ | 220,182,906 | ||||||