Redwire Corporation General form of registration statement for all companies including face-amount certificate companies

General form of registration statement for all companies including face-amount certificate companies

Warrants (Tables)

Warrants (Tables)

12 Months Ended

Dec. 31, 2021

The fair value of the earnout is arrived at using the Black-Scholes option pricing model (“OPM”) using the following assumptions:


MIS Black-Scholes OPM Assumptions
Risk-free interest rate	0.05	%
Revenue volatility	51.7	%

The assumptions used in the Black-Scholes OPM were as follows:


Roccor Black-Scholes OPM Assumptions
Risk-free interest rate	0.1	%
Revenue discount rate	7.0	%
Revenue volatility	30.0	%
Earnout payment discount rate	4.0	%

The private warrants were valued at $2.81 and $2.47 per warrant as of September 2, 2021 and December 31, 2021, respectively, under the Black-Scholes OPM using the following assumptions:


	September 2,			December 31,
	2021			2021
Exercise price	$	11.50		$	11.50
Common stock price	$	10.50		$	6.75
Expected option term (years)		5			4.67
Expected volatility		32.80	%		60.50	%
Risk-free rate of return		0.78	%		1.21	%
Expected annual dividend yield		—	%		—	%