Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements and Financial Instruments (Tables)

v3.21.1
Fair Value Measurements and Financial Instruments (Tables)
 3 Months Ended
Mar. 31, 2021
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 March 31,
2021

 

Expected term (in years)

 

1.91

 

Volatility

 

 

37.6

%

Risk-free interest rate

 

 

0.15

%

Strike price

 

$

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 March 31,
2021

 

Expected term (in years)

 

4.73

 

Volatility

 

 

32.3

%

Risk-free interest rate

 

 

0.85

%

Strike price

 

$

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 March 31,
2021

 

Expected term (in years)

 

6.17

 

Volatility

 

 

36.1

%

Risk-free interest rate

 

 

1.21

%

Stock price

 

$

9.94