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Stockholders' Equity (Deficit) (Tables)
9 Months Ended
Sep. 30, 2021
Schedule of activity of warrants

Legacy

 Humacyte

Common Stock

Private Placement

Total Common

    

Warrants

    

 Warrants

    

Public Warrants

    

Stock Warrants

Outstanding as of December 31, 2020

32,961

32,961

Common Stock Warrants issued to SVB

287,704

287,704

Common Stock Warrants as Part of the Merger

 

 

177,500

 

5,000,000

 

5,177,500

Warrants Exercised

 

(32,961)

 

 

 

(32,961)

Oustanding as of September 30, 2021

 

287,704

 

177,500

 

5,000,000

 

5,465,204

Summary of common stock reserved for future issuances

    

September 30,

    

2021

Common stock reserved for Contingent Consideration Shares

 

15,000,000

Exercise of options under stock plans

 

6,399,888

Issuance of options under stock plans

 

7,730,503

Shares available for grant under ESPP

 

1,030,033

Warrants to purchase common stock

 

5,465,204

35,625,628

Private Placement Warrants  
Schedule of assumptions used in the valuations

    

September 30,

    

August 26,

 

2021

2021

 

Market price of public stock

$

11.61

$

10.96

Exercise price

$

11.50

$

11.50

Expected term (years)

 

4.91

 

5.00

Expected share price volatility

 

28.5

%  

 

32.5

%

Risk-free interest rate

 

0.96

%  

 

0.68

%

Estimated dividend yield

 

0

%  

 

0

%

Contingent earnout liability  
Schedule of assumptions used in the valuations

    

September 30,

    

August 26,

 

2021

2021

 

Current stock price

$

11.61

$

10.96

Expected share price volatility

 

78.9

%  

 

79.6

%

Risk-free interest rate

 

1.55

%  

 

1.34

%

Estimated dividend yield

 

0.0

%  

 

0

%

Expected term (years)

 

10.00

 

10.00