Triggering Event I
Triggering Event II
Triggering Event III
Derivative liability
8,059,386
5,372,923
Stock compensation
148,006
98,671
Total Earnout Shares
8,207,392
5,471,594
Inputs
June 30, 2023
March 31, 2023
March 30, 2023
Current stock price
$
11.16
20.80
12.68
Stock price targets
$12.50, $15.00, $17.50
Expected life (in years)
4.75
5.00
Earnout period (in years)
Risk-free interest rate
4.20
%
3.69
3.75
Expected volatility
40
Expected dividend yield
—
No definition available.
Tabular disclosure of assumptions used in valuation of instruments.
Tabular disclosure of number of earnout shares.