Annual report pursuant to Section 13 and 15(d)

Stock Warrants (Tables)

v3.22.2
Stock Warrants (Tables)
12 Months Ended
Dec. 31, 2021
Stock Warrants [Abstract]  
Schedule of quantitative information regarding level 3 fair value measurement
    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
    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