Quarterly report pursuant to Section 13 or 15(d)

Common Stock Subject to Possible Redemption (Tables)

v3.22.1
Common Stock Subject to Possible Redemption (Tables)
3 Months Ended
Mar. 31, 2022
Common Stock Subject to Possible Redemption  
Common Stock Subject to Possible Redemption Disclosure [Table Text Block]

The common stock subject to possible redemption reflected on the condensed balance sheets is reconciled on the following table:

Gross proceeds from Initial Public Offering

    

$

171,615,000

Less:

 

  

Fair value of Public Warrants at issuance

(7,894,290)

Offering costs allocated at common stock subject to possible redemption

 

(9,494,877)

Plus:

 

  

Accretion on common stock subject to possible redemption

 

17,389,167

Common stock subject to possible redemption

$

171,615,000