Quarterly report pursuant to Section 13 or 15(d)

Warrants

v3.22.2.2
Warrants
9 Months Ended
Sep. 30, 2022
Warrants and Rights Note Disclosure [Abstract]  
Warrants WarrantsOn March 17, 2021, in connection with the Merger, the Company entered into a warrant agreement which granted the right to purchase 602,392 shares of common stock of the Company at a purchase price of $24.00 per share. Warrants are immediately exercisable and expire on July 15, 2027.
The following table summarizes warrant activity for the nine months ended September 30,:
2022 2021
Number of
Warrants
Weighted
Average
Exercise Price
Number of
Warrants(1)
Weighted
Average
Exercise Price
Exercisable at January 1, 602,392 $ 24.00  $ 24.00 
Granted —  602,392 — 
Exercised —  — 
Exercisable at September 30, 602,392 $ 24.00  602,392 $ 24.00 
(1)Warrants granted on March 17, 2021.