The numbersAt completion of the Mubadala Acquisition on March 22, 2023, the acquired entity held cash and cash equivalent resources of approximately US$243 million. After accounting for, among other things, the impact of inventories, accounts payable, and tax liabilities, the increase in Valeura’s adjusted net working capital position as a result of the Mubadala Acquisition is estimated to be approximately US$105 million.2,3