Registration of securities issued in business combination transactions

Unaudited Condensed Statement of Changes in Stockholder's Equity (Deficit)

v3.21.4
Unaudited Condensed Statement of Changes in Stockholder's Equity (Deficit) - USD ($)
Total
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Balance at Oct. 14, 2020 $ 0 $ 0 $ 0 $ 0
Balance, shares at Oct. 14, 2020   0    
Issuance of common stock to Sponsor [1] $ 25,000 $ 690 24,310 0
Issuance of common stock to Sponsor, shares 7,500 6,900,000 [1]    
Net loss $ (526)     (526)
Balance at Dec. 31, 2020 24,474 $ 690 24,310 (526)
Balance, shares at Dec. 31, 2020   6,900,000    
Sale of Units, net of underwriting discount and offering expenses 2,760 $ 2,760    
Sale of Units, net of underwriting discount and offering expenses, shares   27,600,000    
Common stock subject to possible redemption (2,760) $ (2,760)    
Common stock subject to possible redemption, shares   (27,600,000)    
Sale of Private Placement Warrants through over-allotment 7,270,000   7,270,000  
Subsequent remeasurement under ASC 480-10-S99 (15,816,086)   (7,294,310) (8,521,776)
Net loss (49,954)     (49,954)
Balance at Mar. 31, 2021 (8,571,566) $ 690 (8,572,256)
Balance, shares at Mar. 31, 2021   6,900,000    
Balance at Dec. 31, 2020 24,474 $ 690 24,310 (526)
Balance, shares at Dec. 31, 2020   6,900,000    
Sale of Units, net of underwriting discount and offering expenses 2,760      
Sale of Units, net of underwriting discount and offering expenses, shares   27,600,000    
Common stock subject to possible redemption (2,760)      
Sale of Private Placement Warrants through over-allotment 7,270,000      
Subsequent remeasurement under ASC 480-10-S99 (15,816,086)      
Balance at Jun. 30, 2021 (8,691,155) $ 690 (8,691,845)
Balance, shares at Jun. 30, 2021   6,900,000    
Balance at Dec. 31, 2020 24,474 $ 690 24,310 (526)
Balance, shares at Dec. 31, 2020   6,900,000    
Net loss (592,475)      
Balance at Sep. 30, 2021 (9,129,037) $ 690 (9,129,727)
Balance, shares at Sep. 30, 2021   6,900,000    
Balance at Mar. 31, 2021 (8,571,566) $ 690 (8,572,256)
Balance, shares at Mar. 31, 2021   6,900,000    
Net loss (119,589)     (119,589)
Balance at Jun. 30, 2021 (8,691,155) $ 690 (8,691,845)
Balance, shares at Jun. 30, 2021   6,900,000    
Offering costs charged to additional paid-in capital (14,950)   (14,950)  
Reduce negative additional paid-in capital to zero     14,950 (14,950)
Net loss (422,932)     (422,932)
Balance at Sep. 30, 2021 $ (9,129,037) $ 690 $ (9,129,727)
Balance, shares at Sep. 30, 2021   6,900,000    
[1] Includes 900,000 shares subject to forfeiture if the over-allotment option is not exercised in full or in part by the underwriters (see Note 5). On January 11, 2021, the Company effected a stock dividend of 1,150,000 shares with respect to the common stock, resulting in an aggregate of 6,900,000 shares of common stock issued and outstanding. All shares and associated amounts have been retroactively restated to reflect the share dividend (see Notes 5 and 7). On January 19, 2021, the underwriters exercised the over-allotment option in full. As a result, the 900,000 shares are no longer subject to forfeiture.