Condensed Statements Of Cash Flows - USD ($) |
2 Months Ended | 9 Months Ended |
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Sep. 30, 2020 |
Sep. 30, 2021 |
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Cash Flows from Operating Activities: | ||
Net income (loss) | $ (5,005) | $ 23,435,926 |
Adjustments to reconcile net income (loss) to net cash used in operating activities: | ||
Formation cost paid by Sponsor in exchange for issuance of Founder Shares | 5,005 | |
Interest earned on investments held in Trust Account | (129,415) | |
Change in fair value of warrant liability | (27,145,000) | |
Changes in operating assets and liabilities: | ||
Prepaid expenses | 237,163 | |
Accounts payable and accrued expenses | 3,031,028 | |
Net cash used in operating activities | (570,298) | |
Net Change in Cash | (570,298) | |
Cash – Beginning | 1,661,085 | |
Cash – Ending | $ 1,090,787 | |
Non-cash investing and financing activities: | ||
Offering costs included in accrued offering costs | 433,033 | |
Offering costs paid by Sponsor in exchange for issuance of Founder Shares | 19,995 | |
Offering costs paid through promissory note | $ 171,395 |
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- Definition Deferred offering costs included in accrued offering costs. No definition available.
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- Definition Formation cost paid by sponsor in exchange for issuance of founder shares. No definition available.
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- References No definition available.
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- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes effect from exchange rate changes. No definition available.
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- Definition Amount of expense (income) related to adjustment to fair value of warrant liability. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The increase (decrease) during the reporting period in the amounts payable to vendors for goods and services received and the amount of obligations and expenses incurred but not paid. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition The increase (decrease) during the reporting period in the amount of outstanding money paid in advance for goods or services that bring economic benefits for future periods. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount after accretion (amortization) of discount (premium), and investment expense, of interest income and dividend income on nonoperating securities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition The fair value of notes issued in noncash investing and financing activities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The fair value of stock issued in noncash financing activities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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