Danimer Scientific Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Business Combinations (Tables)

Business Combinations (Tables)

3 Months Ended

Mar. 31, 2022

Schedule of Preliminary Fair Values of Assets Acquired And Liabilities Assumed

The table below sets forth the preliminary fair values of assets acquired and liabilities assumed including the adjustments recorded in the three months ended March 31, 2022:


	December 31,						March 31,
(in thousands)	2021			Adjustments			2022
Cash and restricted cash	$	2,741		$	-		$	2,741
Property, plant and equipment		18,622			-			18,622
Other assets acquired		2,302			-			2,302
Right-of-use asset		2,715			-			2,715
Acquired technology		84,400			-			84,400
Goodwill		62,649			14			62,663
Deferred tax liability		(14,246	)		-			(14,246	)
Lease liability		(2,759	)		-			(2,759	)
Liabilities assumed		(2,004	)		(14	)		(2,018	)
Contingent purchase price payable		(500	)		-			(500	)
Total preliminary purchase price	$	153,920		$	-		$	153,920