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Class A Ordinary Shares Subject to Possible Redemption (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2022
Dec. 31, 2021
Summary of original issuance price per share and authorized and outstanding number of shares of convertible preferred stock

The following table summarizes Legacy Forge’s convertible preferred stock as of December 31, 2021 (in thousands, except for share data):

As of December 31, 2021

Number

Number

Carrying

Aggregate

Original

of Shares

of Shares

Value Net of

Liquidation

Series Name

    

Issuance Price

    

Authorized

    

Outstanding

    

Issuance Costs

    

Preference

Series AA

$

0.9867

3,482,030

3,482,030

$

3,435

$

3,435

Series B

$

3.4132

20,660,715

20,660,715

70,045

70,519

Series B-1

$

3.9760

49,809,148

42,133,496

150,553

167,523

Series B-2

$

3.9760

 

2,515,083

 

412,623

 

1,640

 

1,640

Junior

$

3.9760

 

10,348,216

 

7,225,285

 

20,383

 

28,728

Total

 

 

86,815,192

73,914,149

$

246,056

$

271,845

    

As of December 31, 2021

Original

Number of

Number of

Carrying

Aggregate

Issuance

Shares

Shares

Value Net of

Liquidation

Series Name

Price

    

Authorized

    

Outstanding

    

Issuance Costs

    

Preference

Series AA

$

3.0817

1,114,988

1,114,988

$

3,435

$

3,435

Series B

$

10.6592

 

6,615,809

 

6,615,809

 

70,045

 

70,519

Series B-1

$

12.4168

 

15,949,487

 

13,491,651

 

150,553

 

167,523

Series B-2

$

12.4168

805,360

132,127

1,640

1,640

Junior

$

12.4168

 

3,313,623

 

2,313,623

 

20,383

 

28,728

Total

 

27,799,267

23,668,198

$

246,056

$

271,845

As of December 31, 2020

Original

Number of

Number of

Carrying

Aggregate

Issuance

Shares

Shares

Value Net of

Liquidation

Series Name

    

Price

    

Authorized

    

Outstanding

    

Issuance Costs

    

Preference

Series AA

$

3.0817

 

1,114,988

 

1,114,988

$

3,435

$

3,435

Series B

$

10.6592

 

6,615,809

 

6,615,809

 

70,045

 

70,519

Series B-1

$

12.4168

 

10,435,129

 

5,672,925

62,985

70,440

Junior

$

12.4168

4,354,089

2,313,623

20,383

28,728

Total

 

22,520,015

15,717,345

$

156,848

$

173,122

Motive Capital Corp [Member]    
Summary of original issuance price per share and authorized and outstanding number of shares of convertible preferred stock  

Gross Proceeds

    

$

414,000,000

Less:

 

Proceeds allocated to Public Warrants

 

(19,458,000)

Class A ordinary shares issuance costs

 

(22,524,192)

Plus:

 

  

Accretion of carrying value to redemption value

 

41,982,192

Class A ordinary shares subject to possible redemption

$

414,000,000