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n the new activity band market. 3 Originally used for military applications, with its participation in a Defense Advanced Research Projects Agency (DARPA) program. CONFIDENTIAL I WTAS LLC 9 EFTA00307404 EXHIBIT B Historical Financial Analysis ALIPHCOM - COMMON EQUITY VALUATION As of June 20, 20
allICI11% IA") S0 Partial period adjustment (B-A,C) $13,460 10) DISCOUNT RATE The discount rate was estimated based on the weighted average cost Dr capital CWACC') for the Company as 01 the Valuation Date. We incorporated an additional risk premium to Felled the risk or achieving the threaded economics. Concl
n the new activity band market. 3 Originally used for military applications, with its participation in a Defense Advanced Research Projects Agency (DARPA) program. CONFIDENTIAL I WTAS LLC 9 EFTA00307303 EXHIBIT B Historical Financial Analysis ALIPHCOM - COMMON EQUITY VALUATION As of June 20, 20
allICI11% IA") S0 Partial period adjustment (B-A,C) $13,460 10) DISCOUNT RATE The discount rate was estimated based on the weighted average cost Dr capital CWACC') for the Company as 01 the Valuation Date. We incorporated an additional risk premium to Felled the risk or achieving the threaded economics. Concl
n the new activity band market. 3 Originally used for military applications, with its participation in a Defense Advanced Research Projects Agency (DARPA) program. CONFIDENTIAL I WTAS LLC 9 EFTA00307202 EXHIBIT B Historical Financial Analysis ALIPHCOM - COMMON EQUITY VALUATION As of June 20, 20
allICI11% IA") S0 Partial period adjustment (B-A,C) $13,460 10) DISCOUNT RATE The discount rate was estimated based on the weighted average cost Dr capital CWACC') for the Company as 01 the Valuation Date. We incorporated an additional risk premium to Felled the risk or achieving the threaded economics. Concl
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