Subsequent Event |
6 Months Ended | ||||||||||||
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Jun. 30, 2023 | |||||||||||||
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| Subsequent Event |
On July 31, 2023, the Company and the 2020 Convertible Noteholders entered into an amendment to the SPA and notes, the terms of which, among other provisions, replaced LIBOR and the LIBOR-based mechanics with an interest rate benchmark based on the Secured Overnight Financing Rate ("SOFR") and related SOFR-based mechanics. The amendment is not expected to have a material impact on our condensed consolidated financial statements.
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- References No definition available.
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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