The key inputs into the Black-Scholes option pricing model used to determine the fair value of the liability of the Cargill Amended Warrants were as follows at their measurement dates:
| | | | | | | | | | | | | June 30,
2026 | | December 31,
2025 | Input | | | | Share price | $ | 1.29 | | $ | 2.14 | Risk-free interest rate | 4.3% | | 3.9% | Volatility | 119% | | 119% | Exercise price | $ | 4.00 | | $ | 4.00 | Warrant life (years) | 6.8 | | 7.3 | Dividend yield | —% | | —% |
The key inputs into the Black-Scholes option pricing model used to determine the fair value of the liability of the 2025 U.S. Bounti Warrant were as follows at their measurement dates:
| | | | | | | | | | | | | June 30,
2026 | | December 31,
2025 | Input | | | | Share price | $ | 1.29 | | $ | 2.14 | Risk-free interest rate | 4.4% | | 4.2% | Volatility | 119% | | 119% | Exercise price | $ | 0.125 | | $ | 0.125 | Warrant life (years) | 9.1 | | 9.6 | Dividend yield | —% | | —% |
The key inputs into the Black-Scholes option pricing model used to determine the fair value of the liability of the 2026 U.S. Bounti Warrant were as follows at their measurement dates:
| | | | | | | | | | | | | June 30,
2026 | | March 13, 2026 (initial measurement) | Input | | | | Share price | $ | 1.29 | | $ | 1.11 | Risk-free interest rate | 4.4% | | 4.3% | Volatility | 119% | | 118% | Exercise price | $ | 0.125 | | $ | 0.125 | Warrant life (years) | 9.7 | | 10.0 | Dividend yield | —% | | —% |
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