Adit EdTech Acquisition Corp. Registration of securities issued in business combination transactions

Registration of securities issued in business combination transactions

Cover
- Cover Page
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Statements of Operations

v3.22.1

Statements of Operations - USD ($)	3 Months Ended	12 Months Ended
Statements of Operations - USD ($)	Dec. 31, 2020	Dec. 31, 2021
Formation and operating costs	$ 526	$ 3,704,239
Loss from operations	(526)	(3,704,239)
Other income:
Change in fair value of warrants		956,035
Trust interest income		115,444
Total other income		1,071,479
Net loss	$ (526)	$ (2,632,760)
Basic and diluted weighted average shares outstanding, common stock	6,000,000	6,853,151
Basic and diluted net loss per share	$ 0.00	$ (0.08)
Redeemable Common Stock [Member]
Other income:
Basic and diluted weighted average shares outstanding, common stock		26,492,055
Basic and diluted net loss per share		$ (0.08)

- Definition

The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

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