Subsequent Events	6 Months Ended
Jun. 30, 2022
Subsequent Events
Subsequent Events	16. Subsequent Events On August 7, 2022, the Company amended the RJB April 2022 Purchase Agreement, pursuant to which RJB agreed to purchase from the Company (i) the 1,666,667 shares of Class A common stock under the initial RJB April 2022 Purchase Agreement at a price of $5.00 per share, instead of $12.00 per share, and (ii) an additional 8,333,333 shares of Class A common stock at a price of $5.00 per share, for an aggregate purchase price of $50.0 million and 10,000,000 shares of Class A common stock in total, as well as agreeing to extend the date of the second closing to on or before August 31, 2022. The Company expects to invest these proceeds in its long-term growth plan, or for general corporate purposes. The Company may use up to $25.0 million for strategic purposes aimed at enhancing shareholder value, including exploring share buybacks. RJB’s obligation to complete the second closing is not subject to closing conditions, and, pursuant to such amendment, Joseph N. Sanberg has agreed to personally guarantee the payment of the aggregate purchase price of $50.0 million. In addition, on August 7, 2022, the Company amended the May Sponsorship Gift Cards Agreement to extend the funding date to on or before August 31 2022, and pursuant to which, Joseph N. Sanberg personally guaranteed his affiliate’s obligation.

Subsequent Events

6 Months Ended

Jun. 30, 2022

16. Subsequent Events

On August 7, 2022, the Company amended the RJB April 2022 Purchase Agreement, pursuant to which RJB agreed to purchase from the Company (i) the 1,666,667 shares of Class A common stock under the initial RJB April 2022 Purchase Agreement at a price of $5.00 per share, instead of $12.00 per share, and (ii) an additional 8,333,333 shares of Class A common stock at a price of $5.00 per share, for an aggregate purchase price of $50.0 million and 10,000,000 shares of Class A common stock in total, as well as agreeing to extend the date of the second closing to on or before August 31, 2022. The Company expects to invest these proceeds in its long-term growth plan, or for general corporate purposes. The Company may use up to $25.0 million for strategic purposes aimed at enhancing shareholder value, including exploring share buybacks. RJB’s obligation to complete the second closing is not subject to closing conditions, and, pursuant to such amendment, Joseph N. Sanberg has agreed to personally guarantee the payment of the aggregate purchase price of $50.0 million.

In addition, on August 7, 2022, the Company amended the May Sponsorship Gift Cards Agreement to extend the funding date to on or before August 31 2022, and pursuant to which, Joseph N. Sanberg personally guaranteed his affiliate’s obligation.