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Common Stock Warrants (Tables) - Blade Therapeutics, Inc. [Member]
12 Months Ended
Dec. 31, 2021
Common Stock Warrants (Tables) [Line Items]  
Schedule of warrants to purchase shares of the company’s common stock
 

Number of Shares
Outstanding and Exercisable

           

Common stock warrant
issued in connection with:

 

December 31,
2020

 

December 31,
2021

 

Issue Date

 

Exercise 
Price

 

Expiration 
Date

Equity-classified

             

 

     

2015 convertible note

 

200,000

 

200,000

 

May 4, 2015

 

$

0.01

 

May 4, 2025

Series A financing

 

900,000

 

900,000

 

July 6, 2015

 

$

0.01

 

July 6, 2025

Term Loan Agreement Initial Warrant

 

152,926

 

152,926

 

March 8, 2019

 

$

0.28

 

March 8, 2029

Term Loan Agreement Subsequent Warrant

 

183,510

 

183,510

 

December 16, 2019

 

$

0.28

 

March 8, 2029

Total equity-classified

 

1,436,436

 

1,436,436

     

 

     
               

 

     

Liability-classified

             

 

     

2020 Convertible
Notes(1)

 

1,309,695

 

1,309,695

 

July 22, 2020

 

$

0.01

 

July 22, 2030

2021 Convertible
Notes(1)

 

 

3,044,223

 

May 25, 2021

 

$

0.01

 

May 25, 2031

Total liability-classified

 

1,309,695

 

4,353,918

     

 

     

Total warrants

 

2,746,131

 

5,790,354

     

 

     

(1)     At December 31, 2020 and 2021, the number of shares exercisable under the warrants issued in connection with the 2020 and 2021 Convertible Notes was subject to adjustment pending certain contingent events; however, the number of shares exercisable and the related valuations have been performed assuming that the number of shares exercisable is 50% of the Excess Amount (as defined below) funded by the holder for the 2020 warrants (150% of the Excess Amount for the 2021 warrants) divided by $1.141.

Schedule of black-scholes option pricing model

Expected term (years)

 

9.19 – 10

Expected volatility

 

78.2% – 81.2%

Risk-free interest rate

 

1.9% – 2.6%

Dividend yield

 

%