General form of registration statement for all companies including face-amount certificate companies

CONDENSED BALANCE SHEETS (unaudited)

v3.21.2
CONDENSED BALANCE SHEETS (unaudited) - USD ($)
Jun. 30, 2021
Dec. 31, 2020
Assets    
Current asset - cash $ 68,386 $ 1,184,215
Prepaid assets 283,063 315,219
Total current assets 351,449 1,499,434
Cash and securities held in Trust Account 116,181,780 116,162,473
Total Assets 116,533,229 117,661,907
Liabilities and Stockholders’ Equity    
Accounts payable 1,591,223 96,248
Due to related party 10,000 0
Total current liabilities 1,601,223 96,248
Warrant liability 14,400,570 12,372,000
Deferred underwriting discount 4,025,000 4,025,000
Total liabilities 20,026,793 16,493,248
Common stock subject to possible redemption, 9,521,649 shares at redemption value 91,506,431 96,168,654
Stockholders’ Equity:    
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding 0 0
Common stock, $0.0001 par value; 100,000,000 shares authorized; 5,398,351 shares issued and outstanding (excluding 9,521,649 shares subject to possible redemption) 586 540
Additional paid-in capital 5,569,218 907,041
Retained earnings (569,799) 4,092,424
Total stockholders’ equity 5,000,005 5,000,005
Total Liabilities and Stockholders’ Equity $ 116,533,229 $ 117,661,907