The following table is a summary of cash proceeds and utilization of proceeds in the Business Combination (in millions):


Proceeds

Public share proceeds(1)	$	83.4
Issuance of Series A Preferred Stock		65.0
Term Loan Facility		250.0
Cash(2)		3.2
Total proceeds		401.6

Use of Proceeds

Repayment of Line of Credit(3)		16.7
Repayment of Senior Term Loan(4)		122.7
Repayment of equipment loans(5)		89.5
Repayment of subordinated debt(6)		67.5
Payment of deferred financing fees(7)		14.1
Repurchase Main Street and Prudential shares(8)		36.2
Hennessy transaction costs		19.1
Daseke transaction costs(9)		1.2
Total use of proceeds		367.0

Net cash received	$	34.6

(1) - 8,342,918 public shares outstanding valued at $10.00 per share

(2) - Daseke cash utilized for payment of deferred financing fees and transaction costs

(3) - includes payment of $59 accrued interest recognized in interest expense

(4) - includes payment of $422 accrued interest recognized in interest expense

(5) - includes payment of $731 accrued interest recognized in interest expense

(6) - includes payment of $745 accrued interest recognized in interest expense

(7) - excludes $81 paid subsequent to the Closing

(8) - Hennessy repurchased Private Daseke shares held by Main Street Capital II, LP, Main Street Mezzanine Fund, LP,
Main Street Capital Corporation, Prudential Capital Partners IV, L.P., Prudential Capital Partners (Parallel Fund)

IV, L.P. and Prudential Capital Partners Management Fund IV, L.P.

(9) - $0.8 million and $0.4 million expensed in fourth quarter 2016 and first quarter 2017, respectively