Stockholder's Equity

9 Months Ended

Sep. 30, 2021

9. Stockholder’s Equity

On August 3, 2020, in connection with the closing of the Company’s IPO, the Company filed its amended and restated certificate of incorporation, which authorizes the Company to issue up to 10,000,000 shares of preferred stock, $0.0001 par value per share. There were no shares of preferred stock issued or outstanding at September 30, 2021 and December 31, 2020.

At September 30, 2021 and December 31, 2020, the Company’s amended and restated certificate of incorporation authorized the Company to issue 150,000,000 shares of common stock at a par value of $0.0001 per share. In conjunction with the Company's IPO closing on August 3, 2020, the Company issued and sold 18,687,500 shares of its common stock, including 2,437,500 shares pursuant to the full exercise of the underwriters' option to purchase additional shares, at a public offering price of $17.00 per share, for aggregate net proceeds of $292.0 million after deducting underwriting discounts and commissions and offering costs. In connection with the Company’s IPO, all outstanding shares of preferred stock converted into 39,859,139 shares of common stock.

The Company has reserved shares of common stock for issuance as follows:


	September 30, 2021		December 31, 2020
Unvested restricted stock		3,126,635		3,410,979
Options to purchase common stock		6,028,476		3,972,909
Stock available for grant under the 2020 Stock Option and Grant Plan		4,068,527		3,895,961
Total		13,223,638		11,279,849