General form of registration statement for all companies including face-amount certificate companies

Stock Warrants (Tables)

v3.22.1
Stock Warrants (Tables)
 3 Months Ended 12 Months Ended
Mar. 31, 2022
Dec. 31, 2021
Stock Warrants [Abstract]    
Schedule of quantitative information regarding level 3 fair value measurement

 

March 31,
2022

Strike price

  

$

11.50

 

Expected Volatility

  

 

68

%

Expected Dividend

  

 

—

 

Expected Term in Years

  

 

4.48

 

Risk Free Interest Rate

  

 

2.43

%

Warrant Value Per Share

  

$

0.54

 
 

December 31,
2021

Strike price

  

$

11.50

 

Expected Volatility

  

 

61

%

Expected Dividend

  

 

—

 

Expected Term in Years

  

 

4.73

 

Risk Free Interest Rate

  

 

1.22

%

Warrant Value Per Share

  

 

1.02

 
Schedule of changes in fair value of the warrants

 

March 31,
2022
   

Private Placement Warrants

Warrants payable balance, December 31, 2021

  

$

8,260

 

Mark-to-market adjustment

  

$

(3,910

)

Warrants payable balance, March 31, 2022

  

$

4,350

 
 

December 31,
2021
   

Private
Placement
Warrants

Initial Measurement, September 22, 2021

  

$

29,466

 

Mark-to-market adjustment

  

$

(21,206

)

Warrants payable balance, December 31, 2021

  

$

8,260