Post-effective amendment to a registration statement that is not immediately effective upon filing

COMMON STOCK AND WARRANTS (Tables)

v3.22.1
COMMON STOCK AND WARRANTS (Tables)
12 Months Ended
Dec. 31, 2021
Equity [Abstract]  
Schedule of common Stock for future issuance
       
Plans   Number of Shares  
Warrants     21,145,000  
Options and RSUs under employee stock plans     8,452,376  
Future grants     3,059,623  
Convertible Notes     4,680,500  
Total Common Stock reserved for future issuance     37,337,499  
Schedule of Warrants issued and outstanding
                       
    Legacy Airspan
Warrants Outstanding
 
    Series D     Series D-1     Series H  
Outstanding as of December 31, 2019     203,252       162,601        
Issuance of warrants                 139,428  
Outstanding as of December 31, 2020     203,252       162,601       139,428  
Issuance of warrants                 6,503  
Warrants expired     (203,252 )            
Conversion of warrants in Business Combination           (162,601 )     (145,931 )
Outstanding as of December 31, 2021                  
Schedule of fair value of warrant liability
                       
    Warrant Liability  
(in thousands)   Series D-1     Series H     Total  
As of December 31, 2019   $ 764     $     $ 764  
Fair value of warrants at issuance           3,523       3,523  
Increase in fair value     3,345             3,345  
As of December 31, 2020   $ 4,109     $ 3,523     $ 7,632  
Fair value of warrants at issuance           142       142  
Increase in fair value     2,054       463       2,517  
Conversion of warrants in Business Combination     (6,163 )     (4,128 )     (10,291 )
As of December 31, 2021   $     $     $