Basis of Presentation and Summary of Significant Accounting Policies (Details) - Schedule of condensed balance sheet are reconciled |
9 Months Ended |
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Sep. 30, 2021
USD ($)
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Schedule of condensed balance sheet are reconciled [Abstract] | |
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 |
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- Definition Accretion of carrying value to redemption value. No definition available.
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- Definition Common stock subject to possible redemption. No definition available.
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- Definition Issuance costs allocated to common stock No definition available.
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- References No definition available.
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- References No definition available.
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- References No definition available.
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- References No definition available.
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- Definition The cash inflow from issuance of rights to purchase common shares at predetermined price (usually issued together with corporate debt). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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