Document and Entity Information |
Jan. 14, 2021 |
|---|---|
| Document Information [Line Items] | |
| Amendment Flag | true |
| Amendment Description | Adit EdTech Acquisition Corp. (the “Company”) is filing this Amendment No. 1 on Form 8-K/A (this “Amendment”) to amend and restate the Company’s audited balance sheet as of January 14, 2021 that had been filed with the Company’s Current Report on Form 8-K originally filed with the U.S. Securities and Exchange Commission (the “SEC”) on January 21, 2021 (the “Original 8-K”). The audited balance sheet is being restated to reflect the classification of all of the shares of the Company’s common stock as temporary equity in accordance with Accounting Standards Codification (“ASC”) 480-10-S99. The Company had previously classified a portion of its shares of common stock as permanent equity. On March 18, 2022, the audit committee of the board of directors of the Company (the “Audit Committee”) concluded, after discussion with the Company’s management, that the Company’s audited balance sheet as of January 14, 2021 filed as Exhibit 99.1 to the Original 8-K should no longer be relied upon due to the aforementioned changes required to reclassify the shares of common stock as temporary equity to align with ASC 480-10-S99. The correction of the aforementioned classification of the shares of common stock as temporary equity is reflected in Exhibit 99.1 included with this Amendment. The Company does not expect that any of the above changes will have any impact on its cash position and cash held in the trust account. The Company’s controls over financial reporting did not provide for the proper classification of the shares of common stock within the Company’s financial statement. As such, this represented a material weakness in the Company’s internal control over financial reporting. Except as described above, this Amendment does not amend, update or change any other disclosures in the Original 8-K. In addition, the information contained in this Amendment does not reflect events occurring after the filing of the Original 8-K and does not modify or update the disclosures therein, except as specifically identified above. Among other things, forward-looking statements made in the Original 8-K have not been revised to reflect events, results or developments that occurred or facts that became known to the Company after the date of the Original 8-K, other than as described herein, and such forward-looking statements should be read in conjunction with the Company’s filings with the SEC. |
| Entity Central Index Key | 0001830029 |
| Document Type | 8-K/A |
| Document Period End Date | Jan. 14, 2021 |
| Entity Registrant Name | Adit EdTech Acquisition Corp. |
| Entity Incorporation State Country Code | DE |
| Entity File Number | 001-39872 |
| Entity Tax Identification Number | 85-3477678 |
| Entity Address, Address Line One | 1345 Avenue of the Americas |
| Entity Address, Address Line Two | 33rd Floor |
| Entity Address, City or Town | New York |
| Entity Address, State or Province | NY |
| Entity Address, Postal Zip Code | 10105 |
| City Area Code | 646 |
| Local Phone Number | 291-6930 |
| Written Communications | true |
| Soliciting Material | false |
| Pre Commencement Tender Offer | false |
| Pre Commencement Issuer Tender Offer | false |
| Entity Emerging Growth Company | true |
| Entity Ex Transition Period | false |
| Units | |
| Document Information [Line Items] | |
| Title of 12(b) Security | Units, each consisting of one share of common stock and one-half of one redeemable warrant |
| Trading Symbol | ADEX.U |
| Security Exchange Name | NYSE |
| Common Stock | |
| Document Information [Line Items] | |
| Title of 12(b) Security | Common stock, par value $0.0001 per share |
| Trading Symbol | ADEX |
| Security Exchange Name | NYSE |
| Redeemable Warrants | |
| Document Information [Line Items] | |
| Title of 12(b) Security | Redeemable warrants, exercisable for shares of common stock at an exercise price of $11.50 per share |
| Trading Symbol | ADEX.WS |
| Security Exchange Name | NYSE |