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

THE BUSINESS COMBINATION (Details)

v3.22.1
THE BUSINESS COMBINATION (Details)
Dec. 31, 2021
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