Quarterly report pursuant to Section 13 or 15(d)

Merger and Reverse Recapitalization (Tables)

v3.21.2
Merger and Reverse Recapitalization (Tables)
9 Months Ended
Sep. 30, 2021
Merger and Reverse Recapitalization [Abstract]  
Schedule of Common Stock Issued Following Consummation of Merger

The number of shares of Common Stock issued immediately following the consummation of the Merger was as follows:

 

 

 

Shares

 

Common stock of one, outstanding prior to Merger (1)

 

 

26,875,000

 

Less redemption of one Class A shares subject to possible redemption

 

 

(6,418,667

)

Common stock of one

 

 

20,456,333

 

Shares issued in PIPE

 

 

21,000,000

 

Merger and PIPE financing shares (2)

 

 

41,456,333

 

Legacy Markforged shares (3)

 

 

143,795,504

 

Total shares of common stock immediately after Merger

 

 

185,251,837

 

(1) Includes AONE Class A shareholders 15,081,333, and AONE Class B shareholders 5,375,000                                                                                                                                                                                                                                                                                        (2) This includes 2,610,000 contingently forfeitable Sponsor Shares pending the occurrence of the Sponsor Earnout Triggering Event
(3)
The number of Legacy Markforged shares was determined from the 151,005,831 shares of Legacy Markforged common stock outstanding immediately prior to the closing of the Merger converted at the Exchange Ratio. All fractional shares were rounded down.