Upon the closing of our IPO, all shares of our then-outstanding convertible preferred stock, as shown on the table below, automatically converted into shares of our common stock (see Note 1 Description of Business and Summary of Significant Accounting Policies, Initial Public Offering):
Shares Authorized |
Conversion Price Per Share |
Shares Issued and Outstanding |
Conversion Ratio Per Share** |
Carrying Value |
Aggregate Liquidation Preference |
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Series A |
4,800 | $ | 4.7625 | 3,996 | 1.0000 | $ | 18,976 | $ | 19,030 | |||||||||||||||
Series A-1 |
420 | 4.7625 | 420 | 1.0000 | 1,989 | 2,000 | ||||||||||||||||||
Series B |
6,085 | 1.8715 | 4,378 | 1.0000 | 7,879 | 8,193 | ||||||||||||||||||
Series C |
7,933 | 7.5000 | 6,849 | 1.0000 | 49,176 | 51,365 | ||||||||||||||||||
Series D |
4,728 | 38.9270 | 4,624 | 2.2899 | 89,643 | 180,000 | ||||||||||||||||||
Series E |
2,106 | 50.0000 | 2,100 | 2.9412 | 103,062 | 120,750 | ||||||||||||||||||
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26,072 | 22,366 | * | $ | 270,725 | $ | 381,338 | ||||||||||||||||||
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* | Shares issued and outstanding does not total due to rounding. |
** | Based on our IPO price of $17.00 per share |