XML 49 R33.htm IDEA: XBRL DOCUMENT v3.22.2
Subsequent Events
6 Months Ended
Jun. 30, 2022
Subsequent Events [Abstract]  
Subsequent Events
24. Subsequent Events     
The Company evaluated subsequent events through the date of issuance of the accompanying consolidated financial statements.
Increase in Authorized Shares of Common Stock
On July 15, 2022, stockholders of the Company approved an amendment to Article IV of the Company’s Amended and Restated Certificate of Incorporation to increase the Company’s authorized common stock from 250,000,000 shares to 400,000,000 shares and the corresponding increase in the total number of authorized shares of capital stock the Company may issue from 252,000,000 shares to 402,000,000 shares.
The increase in the Company’s authorized common stock has no impact on shares currently outstanding.
Approval of 2022 Equity Plan
On July 15, 2022, the Company’s stockholders approved the 2022 Equity Plan under which the Company may issue up
to 16,000,000 s
hares of common stock (less one share for every share granted under the 2016 Equity Plan since March 31, 2022 and inclusive of shares available under the 2016 Equity Plan as of March 31, 2022) in the form of stock options and other stock-based awards.