Exhibit 99.1
ASPIRATIONAL CONSUMER LIFESTYLE CORP.
BALANCE SHEET
SEPTEMBER 25, 2020
| September 25, 2020 | Pro Forma Adjustments | As Adjusted | ||||||||||
| (unaudited) | (unaudited) | |||||||||||
| ASSETS | ||||||||||||
| Current assets | ||||||||||||
| Cash | $ | 1,861,552 | $ | — | $ | 1,861,552 | ||||||
| Prepaid expenses | 26,800 | — | 26,800 | |||||||||
| Total Current Assets | 1,888,352 | — | 1,888,352 | |||||||||
| Cash held in Trust Account | 225,000,000 | 14,746,320 | 239,746,320 | |||||||||
| Total Assets | $ | 226,888,352 | $ | 14,746,320 | $ | 241,634,672 | ||||||
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||||||||||||
| Current liabilities - Accrued offering costs | $ | 456,063 | $ | — | $ | 456,063 | ||||||
| Deferred underwriting fee payable | 7,875,000 | 516,121 | 8,391,121 | |||||||||
| Total Liabilities | 8,331,063 | 516,121 | 8,847,184 | |||||||||
| Commitments and Contingencies | ||||||||||||
| Ordinary shares subject to possible redemption, 21,355,728 and 22,778,748 shares at redemption value, respectively | 213,557,280 | 14,230,200 | 227,787,480 | |||||||||
| 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; 1,144,272 and 1,195,884 shares issued and outstanding (excluding 21,355,728 and 22,778,748 shares subject to possible redemption, respectively) | 114 | 6 | 120 | |||||||||
| Class B ordinary shares, $0.0001 par value; 50,000,000 shares authorized; 6,468,750 and 5,993,658 shares issued and outstanding | 647 | (48 | ) | 599 | ||||||||
| Additional paid-in capital | 5,014,340 | 41 | 5,014,381 | |||||||||
| Accumulated deficit | (15,092 | ) | — | (15,092 | ) | |||||||
| Total Shareholders’ Equity | 5,000,009 | (1 | ) | 5,000,008 | ||||||||
| TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY | $ | 226,888,352 | $ | 14,746,320 | $ | 241,634,672 | ||||||
