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Subsequent Events
6 Months Ended
Jun. 30, 2022
GREENLIGHT BIOSCIENCES HOLDINGS, PBC [Member]  
Subsequent Event [Line Items]  
Subsequent Events

17. SUBSEQUENT EVENTS

Private Placement and Securities Subscription Agreement

On August 11, 2022, the Company entered into Securities Subscription Agreements (the “Subscription Agreements”) with certain accredited investors (collectively, the “Purchasers”), providing for the sale by the Company of 27,640,301 shares (the “Shares”) of its common stock (the “Common Stock”) at a purchase price of $3.92 per share, in a private placement (the “Private Placement”). The Shares were issued (the “Closing”) simultaneously with the execution and delivery of the Subscription Agreements.

The Company has $108.4 million committed under the executed Subscription Agreements, of which we have received the entire $108.4 million at the time these interim financial statements are issued. The Company intends to use the net proceeds from the Private Placement to fund ongoing clinical development and commercialization of its existing product pipeline.