Post-effective amendment to a registration statement that is not immediately effective upon filing

Stock Warrants (Tables)

v3.22.1
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