Quarterly report pursuant to Section 13 or 15(d)

Redeemable Convertible Preferred Stock

v3.21.2
Redeemable Convertible Preferred Stock
9 Months Ended
Sep. 30, 2021
Equity [Abstract]  
Redeemable Convertible Preferred Stock Redeemable Convertible Preferred StockThe following table summarizes the Company’s redeemable convertible preferred stock as of December 31, 2020 and through September 30, 2021:
Shares Issued Issuance Price Carrying Amount
Authorized and Outstanding Per Share
Series AA 4,766,263  4,766,263  $ 0.21  $ 999,962 
Series A-1 1,253,739  1,253,739  0.46 579,980
Series A-2 432,323  432,323  0.58 250,012
Series A 3,070,449  3,070,449  1.68 5,152,213
Series B 9,412,354  9,412,354  1.69 15,480,110
Series B-1 13,191,371  13,191,371  1.69 22,008,322
Series C 7,012,806  7,012,806  5.35 37,467,749
Series D 4,696,804  4,696,804  14.90 69,999,758
43,836,109  43,836,109  $ 151,938,106 
Liquidation preference for redeemable convertible preferred stock was as follows (in thousands):
September 30, 2021 December 31, 2020
Series AA $ 1,000  $ 1,000 
Series A-1 580  580 
Series A-2 250  250 
Series A 5,150  5,150 
Series B 15,900  15,900 
Series B-1 30,384  28,693 
Series C 37,500  37,500 
Series D 70,000  70,000 
$ 160,764  $ 159,073 
Significant rights and preferences of the above redeemable convertible preferred stock are defined by our certificate of incorporation. There have been no material changes in the rights and preferences of the above redeemable convertible preferred stock, as disclosed in the Prospectus.