Post-effective amendment to a registration statement that is not immediately effective upon filing

UNAUDITED CONDENSED STATEMENT OF CASH FLOWS (unaudited)

v3.21.2
UNAUDITED CONDENSED STATEMENT OF CASH FLOWS (unaudited) - USD ($)
4 Months Ended 6 Months Ended
Dec. 31, 2020
Jun. 30, 2021
Cash Flows from Operating Activities:    
Net loss $ 0 $ (4,662,223)
Adjustments to reconcile net income to net cash used in operating activities:    
Interest earned on treasury securities held in Trust Account (12,473) (19,307)
Unrealized gain on change in fair value of warrants (5,268,200) 2,028,570
Changes in current assets and current liabilities:    
Prepaid assets (315,219) 32,156
Accounts payable 96,248 1,494,975
Due to related party   10,000
Net cash used in operating activities (434,130) (1,115,829)
Cash Flows from Investing Activities:    
Proceeds from sale of investment held in Trust Account   116,180,000
Investment held in Trust Account (116,150,000) (116,180,000)
Net cash used in investing activities (116,150,000) (0)
Net Change in Cash 1,184,215 (1,115,829)
Cash - Beginning 1,184,215
Cash - Ending 1,184,215 68,386
Supplemental Disclosure of Non-cash Financing Activities:    
Change in value of common stock subject to possible redemption   (4,662,223)
Net income 4,092,424 $ (4,662,223)
Warrant issuance costs 973,090  
Cash Flows from Financing Activities:    
Proceeds from Initial Public Offering, net of underwriters’ fees 112,700,000  
Proceeds from private placement 5,450,000  
Proceeds from issuance of founder shares 25,000  
Proceeds from issuance of promissory note to related party 120,000  
Repayment of promissory note to related party (120,000)  
Payments of offering costs (406,655)  
Net cash provided by financing activities 117,768,345  
Value of common stock subject to possible redemption 96,168,654  
Deferred underwriting commissions charged to additional paid-in capital 4,025,000  
Initial classification of warrant liability $ 17,640,200