General form of registration statement for all companies including face-amount certificate companies

Warrants (Tables)

v3.22.1
Warrants (Tables) - Rigetti Computing, Inc [Member]
3 Months Ended
Mar. 31, 2022
Class of Warrant or Right [Line Items]  
Schedule Of Common Stock Warrants
 
Warrant Class
  
Shares
    
Issuance Date
    
Strike Price per Share
    
Expiration Date
 
Common Stock Warrants
     783,129        May 18, 2021      $ 0.270        May 18, 2031  
Schedule Of Fair Value Of The Common Stock Warrant Liabilities Measured Using Black Scholes Approach Significant inputs into the respective models at the March 2, 2022 (the initial recognition) and March 31, 2022 are as follows:
Valuation Assumptions
  
Initial Recognition
on March 2, 2022
   
March 31,
2022
 
Stock Price
   $ 9.43     $ 6.30  
Strike Price
   $ 11.50     $ 11.50  
Volatility (annual)
     29.50     44.25
Risk-free rate
     1.74     2.42
Estimated time to expiration (years)
     5       5  
Dividend yield
        
Summary of vesting status of the Customer Warrant
The vesting status of the Customer Warrant is as follows at March 31, 2022 and December 31, 2021:
 
    
March 31,
2022
    
December 31,
2021
 
Vested Customer warrants
     1,072,237        1,072,237  
Unvested Customer warrants
     1,608,359        1,608,359  
  
 
 
    
 
 
 
     2,680,596        2,680,596  
  
 
 
    
 
 
 
Warrants To Purchase Class A Common Stock [Member]  
Class of Warrant or Right [Line Items]  
Schedule Of Fair Value Of The Common Stock Warrant Liabilities Measured Using Black Scholes Approach
The fair value of the common stock warrant liabilities presented above were measured using the Black Scholes model approach. Significant inputs into the respective models at March 31, 2022 is as follow:
 
Valuation Assumption -
Common Stock Warrants
  
March 31, 2022
 
Stock price
   $ 6.30  
Strike price
   $ 0.27  
Volatility (annual)
     105.10
Risk-free rate
     2.29
Estimated time to expiration (years)
     9  
Dividend yield