Quarterly report pursuant to Section 13 or 15(d)

Stock Warrants (Tables)

v3.22.2.2
Stock Warrants (Tables)
9 Months Ended
Sep. 30, 2022
Stock Warrants [Abstract]  
Summary of Quantitative Information and Certain Assumptions Regarding Level 3 Fair Value Measurement

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

 

 

 

September 30,

 

 

 

2022

 

Strike price

 

$11.50

 

Expected Volatility

 

 

82

%

Expected Dividend - MoneyLion Class A Common Stock

 

 

 

Expected Term in Years

 

 

3.98

 

Risk Free Interest Rate

 

 

4.16

%

Warrant Value Per Share

 

 

0.12

 

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:

 

 

 

September 30, 2022

 

 

 

Private Placement

 

 

 

Warrants

 

Warrants payable balance, December 31, 2021

 

$

8,260

 

Mark-to-market adjustment

 

$

(7,275

)

Warrants payable balance, September 30, 2022

 

$

985