Convertible Preferred Stock, Common Stock and Stockholders' Equity (Deficit) |
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Convertible Preferred Stock, Common Stock and Stockholders' Deficit |
Note 11. Convertible Preferred Stock, Common Stock and Stockholders’ Equity (Deficit) As a result of the Merger, the convertible preferred stock was converted into Legacy Markforged common stock and recapitalized into Common Stock. There was no convertible preferred stock outstanding as of September 30, 2022. The following table summarizes details of convertible preferred stock authorized, issued and outstanding as of December 31, 2020. The Company has retroactively adjusted the shares issued and outstanding prior to July 14, 2021 to give effect to the Exchange Ratio to determine the number of shares of common stock into which they were converted:
Common Stock Reserved for Future Issuance The Company has reserved the following shares of common stock for future issuance:
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