Quarterly report pursuant to Section 13 or 15(d)

Stock Warrants (Tables)

v3.22.2
Stock Warrants (Tables)
6 Months Ended
Jun. 30, 2022
Stock Warrants [Abstract]  
Schedule of quantitative information regarding level 3 fair value measurement of the private placement warrants

The following table presents the quantitative information regarding Level 3 fair value measurement of the Private Placement Warrants:

 

 

 

June 30,

 

 

 

2022

 

Strike price

 

$11.50

 

Expected Volatility

 

 

72

%

Expected Dividend

 

 

 

Expected Term in Years

 

 

4.23

 

Risk Free Interest Rate

 

 

3.00

%

Warrant Value Per Share

 

$0.17

 

Schedule of changes in the liability related to the private placement warrants

The following table presents the changes in the liability related to the Private Placement Warrants:

 

 

 

June 30, 2022

 

 

 

Private Placement

 

 

 

Warrants

 

Warrants payable balance, December 31, 2021

 

$

8,260

 

Mark-to-market adjustment

 

$

(6,861

)

Warrants payable balance, June 30, 2022

 

$

1,399