Quarterly report pursuant to Section 13 or 15(d)

Equity-classified Warrants (Tables)

v3.20.2
Equity-classified Warrants (Tables)
9 Months Ended
Sep. 30, 2020
Equity-classified Warrants  
Schedule of assumptions used to estimate the fair value of the warrants granted using the Black-Scholes option pricing method

 

 

 

 

Risk-free interest rate

    

0.1

%

Expected term (in years)

 

2.5

 

Expected volatility

 

64.0

%

Expected dividend yield

 

 —

%

 

Schedule of details of the outstanding warrants

 

 

 

 

 

 

 

 

 

    

 

    

Weighted Average Exercise 

    

Remaining Contractual 

 

 

Number of Shares

 

Price

 

Term (years)

Outstanding at December 31, 2019

 

 —

 

$

 —

 

 —

Granted

 

240,100

 

 

11.00

 

2.50

Outstanding at September 30, 2020

 

240,100

 

$

11.00

 

2.42