Annual report pursuant to Section 13 and 15(d)

Fair Value Measurements and Financial Instruments (Tables)

v3.22.4
Fair Value Measurements and Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2022
Ares Put Option [Member]  
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]  
Fair Value Measurement Inputs and Valuation Techniques The Ares Put Option has been recorded at its fair value based on a Monte Carlo pricing model with the following material assumptions based on observable and unobservable inputs:

 

 

 

As of December 31,

 

 

 

2022

 

 

2021

 

 

 

 

 

 

 

 

Expected term (in years)

 

 

0.2

 

 

 

1.2

 

Volatility

 

 

25.9

%

 

 

30.1

%

Risk-free interest rate

 

 

4.3

%

 

 

0.4

%

Strike price

 

$

12.845

 

 

$

12.935

 

Private Warrants [Member]  
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]  
Fair Value Measurement Inputs and Valuation Techniques The Private Warrants have been recorded at fair

value based on a Black-Scholes option pricing model with the following material assumptions based on observable and unobservable inputs:

 

 

As of December 31,

 

 

 

2022

 

 

2021

 

 

 

 

 

 

 

 

Expected term (in years)

 

 

3.0

 

 

 

4.0

 

Volatility

 

 

41.9

%

 

 

36.3

%

Risk-free interest rate

 

 

4.2

%

 

 

1.1

%

Strike price

 

$

11.50

 

 

$

11.50

 

Deferred Shares [Member]  
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]  
Fair Value Measurement Inputs and Valuation Techniques The Deferred Shares have been recorded at fair value based on a Monte Carlo pricing model with the following material assumptions based on observable and unobservable inputs:

 

 

 

As of December 31,

 

 

 

2022

 

 

2021

 

 

 

 

 

 

 

 

Expected term (in years)

 

 

4.4

 

 

 

5.4

 

Volatility

 

 

42.0

%

 

 

35.9

%

Risk-free interest rate

 

 

4.1

%

 

 

1.3

%

Stock price

 

$

8.66

 

 

$

8.77