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

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