Quarterly report pursuant to Section 13 or 15(d)

THE BUSINESS COMBINATION (Details)

v3.22.2.2
THE BUSINESS COMBINATION (Details)
$ in Thousands
Sep. 30, 2022
USD ($)
Business Combination and Asset Acquisition [Abstract]  
Cash - Trust Account (net of redemptions of $101 million) $ 15,184,107
Cash - Convertible Notes financing 48,669,322
Cash - PIPE Financing 75,000,000
Less: Underwriting fees and other issuance costs paid at Closing (23,353,127)
Cash proceeds from the Business Combination 115,500,302
Less: Non-cash net liabilities assumed from New Beginnings (38,216)
Add: Non-cash net assets assumed from New Beginnings 3,684,000
Less: Non-cash fair value of Common Stock Warrants (13,176,450)
Less: Non-cash fair value of Post-Combination Warrants (1,980,000)
Less: Non-cash fair value of Convertible Notes issued (48,273,641)
Less: Other issuance costs included in accounts payable and accrued liabilities (3,618,792)
Additional paid-in-capital from Business Combination, net of issuance costs paid $ 52,097,203