Babylon Holdings Limited Registration statement for securities of certain foreign private issuers

Registration statement for securities of certain foreign private issuers

Warrant Liability (Tables)

Warrant Liability (Tables)

12 Months Ended

Dec. 31, 2021

Warrant Liability [Abstract]

Number of Warrants in Issue

The following table displays the number of warrants in issue as of December 31, 2021:


		Tradeable		Non-tradeable		Total
(In thousands)		No. of warrants		No. of warrants		No. of warrants
In issue at January 1, 2021		—		—		—
Issuance of Alkuri Warrants on October 21, 2021		8,625		5,933		14,558
Issuance of AlbaCore Warrants on November 4, 2021		—		1,758		1,758
In issue at December 31, 2021		8,625		7,691		16,316

Schedule of Reconciliation of Fair Values

See reconciliation of fair values below:


			Tradeable			Non-tradeable			Non-tradeable
			(Level 1)			(Level 2)			(Level 3)			Total
			$’000			$’000			$’000			$’000
Balance at December 31, 2019			—			—			—			—
Balance at December 31, 2020			—			—			—			—
Fair value of Alkuri Warrants upon issuance			18,371			12,638			—			31,009
Fair value of AlbaCore Warrants upon issuance			—			—			16,930			16,930
Change in fair value of warrant liabilities			(12,506)			(8,603)			(6,702)			(27,811)
Balance at December 31, 2021			5,865			4,035			10,228			20,128