| Schedule of restatement of previously issued balance sheet |
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|
|
July 19, 2021
|
| |
|
As Previously
Reported
|
|
Adjustments
|
|
As Revised
|
|
Balance Sheet (unaudited)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common stock subject to possible redemption
|
|
$
|
154,073,040 |
|
|
$
|
7,818,210 |
|
|
$
|
161,891,250 |
|
|
Allocation of underwriter’s discounts, offering costs and deferred fees to shares
|
|
|
—
|
|
|
|
(3,657,956 |
)
|
|
|
(3,657,956 |
)
|
|
Immediate accretion to redemption value
|
|
|
—
|
|
|
|
15,991,706 |
|
|
|
15,991,706 |
|
|
Total common stock subject to possible redemption
|
|
|
154,073,040 |
|
|
|
20,151,960 |
|
|
|
174,225,000 |
|
|
Common stock
|
|
|
631 |
|
|
|
(200 |
)
|
|
|
431 |
|
|
Additional paid-in capital
|
|
|
5,258,926 |
|
|
|
(5,258,926 |
)
|
|
|
—
|
|
|
Accumulated deficit
|
|
|
(259,547 |
)
|
|
|
(14,892,834 |
)
|
|
|
(15,152,381 |
)
|
|
Total stockholders’ equity (deficit)
|
|
$
|
5,000,010 |
|
|
$
|
(20,151,960 |
)
|
|
$
|
(15,151,950 |
)
|
|
| Schedule of condensed balance sheet are reconciled |
|
Gross proceeds
|
|
$
|
172,500,000 |
|
|
Less:
|
|
|
|
|
|
Proceeds allocated to Public Warrants
|
|
|
(10,608,750 |
)
|
|
Issuance costs allocated to common stock
|
|
|
(3,657,956 |
)
|
|
Plus:
|
|
|
|
|
|
Accretion of carrying value to redemption value
|
|
|
15,991,706 |
|
|
Common stock subject to possible redemption
|
|
$
|
174,225,000 |
|
|
| Schedule of basic and diluted net income (loss) per common share |
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|
|
Three Months
Ended
September 30,
2021
|
|
Nine Months
Ended
September 30,
2021
|
|
Three Months
Ended
September 30,
2020
|
|
For the period
from June 18,
2020
(inception)
through
September 30,
2020
|
|
Basic and diluted net income (loss) per share:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Numerator:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income (loss)
|
|
$
|
3,341,073 |
|
$
|
3,341,073 |
|
$
|
—
|
|
$
|
(1,000 |
)
|
|
Denominator
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic and diluted weighted average shares outstanding(1)
|
|
|
17,760,989 |
|
|
9,904,182 |
|
|
3,750,000 |
|
|
3,750,000 |
|
|
Basic and diluted net income (loss) per share of common stock
|
|
$
|
0.19 |
|
$
|
0.34 |
|
$
|
0.00 |
|
$
|
(0.00 |
)
|
|