| Schedule of Information Related to Business Combination |
The following table reconciles the elements of the Business Combination to the consolidated statement of cash flows and the consolidated statement of changes in equity for the year ended December 31, 2020: | | | | | | | Recapitalization | | (in thousands) | | Cash - Mosaic (net of redemptions) | $ | 35,344 | | | Cash - Subscribers and Forward Purchasers | 453,221 | | | Less fees to underwriters and other transaction costs | (25,043) | | | Net cash received from recapitalization | 463,522 | | | Less: Warrant derivative liabilities assumed | (40,094) | | | Less: non-cash net liabilities assumed from Mosaic | (5) | | | Less: deferred and accrued transaction costs | (1,304) | | | Net contributions from recapitalization | $ | 422,119 | |
The number of shares of Common Stock of Vivint Smart Home Inc. issued immediately following the consummation of the Business Combination is summarized as follows: | | | | | | | Number of Shares | | Common Stock outstanding prior to Business Combination | 34,500,000 | | Less redemption of Mosaic Shares | (31,074,592) | | Common Stock of Mosaic | 3,425,408 | | Shares issued from Fortress PIPE | 12,500,000 | | Shares from Blackstone PIPE | 10,000,000 | | Shares from Additional Forward Purchaser Subscription Agreement | 5,000,000 | | Shares from IPO Forward Purchaser Investment | 15,789,474 | | Shares from Fortress Subscription and Backstop Agreement | 2,698,753 | | Shares from Mosaic Founder Shares | 10,379,386 | | Recapitalization shares | 59,793,021 | | Legacy Vivint Smart Home equity holders | 94,937,597 | | Total shares | 154,730,618 |
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