Report of Independent Registered Public Accounting Firm |
F-2 |
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Balance Sheet as of February 1, 2021 (as Restated) |
F-3 |
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Notes to Financial Statement (as Restated) |
F-4 |
Assets: |
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Current assets: |
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Cash |
$ | |||
Prepaid expenses |
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Total current assets |
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Cash held in Trust Account |
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Total Assets |
$ |
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Liabilities and Stockholders’ Equity: |
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Current liabilities: |
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Accounts payable |
$ | |||
Accrued expenses |
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Franchise tax payable |
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Total current liabilities |
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Deferred underwriting commissions |
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Derivative warrant liabilities |
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Total Liabilities |
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Commitments and Contingencies |
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Class A common stock subject to possible redemption, $ issued and outstanding at redemption value of $ |
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Stockholders’ Equity: |
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Preferred stock, $ |
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Class A common stock, $ |
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Class F common stock, $ |
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Additional paid-in capital |
— | |||
Accumulated deficit |
( |
) | ||
Total stockholders’ equity |
( |
) | ||
Total Liabilities and Stockholders’ Equity |
$ |
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As of February 1, 2021 |
As Reported |
Adjustment |
As Restated |
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Total assets |
$ |
$ |
— |
$ |
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Total current liabilitie s |
$ |
— | $ |
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Deferred underwriting commissions |
— | |||||||||||
Derivative warrant liabilities |
— | |||||||||||
Total liabilities |
$ |
$ |
$ |
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Class A common stock subject to possible redemption |
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Preferred stock |
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Class A common stock |
( |
) | — | |||||||||
Class F common stock |
— | |||||||||||
Additional paid-in capital |
( |
) | — | |||||||||
Accumulated deficit |
( |
) | ( |
) | ( |
) | ||||||
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Total stockholders’ equity (deficit) |
$ |
$ |
( |
) |
$ |
( |
) | |||||
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|
|
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Total Liabilities, Class A Common Stock Subject to Possible Redemption and Stockholders’ Equity (Deficit) |
$ |
$ |
$ |
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• | in whole and not in part; |
• | at a price of $ |
• | upon a minimum of |
• | if, and only if, the last reported sale price of Class A common stock equals or exceeds $ |
• | in whole and not in part; |
• | at $ |
• | if, and only if, the last reported sale price of Class A common stock equals or exceeds $ |
• | if, and only if, the Private Placement Warrants are also concurrently exchanged at the same price (equal to a number of shares of Class A common stock) as the outstanding Public Warrants, as described above; and |
• | if, and only if, there is an effective registration statement covering the issuance of the shares of Class A common stock issuable upon exercise of the warrants and a current prospectus relating thereto available throughout the |