Summary of Redeemable Convertible Preferred Stock |
Redeemable convertible preferred stock as of December 31, 2020 consisted of the following (in thousands, except share and per share amounts):
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December 31, 2020 |
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Shares Authorized |
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Shares Issued and Outstanding |
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Original Issue Price |
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Aggregate Liquidation Preference |
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Net Carrying Value |
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Series Seed-1 Preferred Stock |
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24,030,035 |
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24,030,035 |
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$ |
0.1784 |
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$ |
4,287 |
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$ |
4,287 |
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Series Seed-2 Preferred Stock |
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42,519,688 |
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42,519,688 |
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0.1784 |
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7,585 |
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7,585 |
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Series A Preferred Stock |
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74,048,845 |
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74,048,845 |
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0.2197 |
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16,265 |
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16,040 |
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Series B Preferred Stock |
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78,314,959 |
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77,594,404 |
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1.2838 |
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99,615 |
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99,398 |
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Series C Preferred Stock |
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145,822,505 |
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114,571,243 |
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5.6029 |
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641,927 |
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641,002 |
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Total redeemable convertible preferred stock |
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364,736,032 |
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332,764,215 |
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$ |
769,679 |
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$ |
768,312 |
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