Quarterly report pursuant to Section 13 or 15(d)

Unaudited Condensed Statements of Operations

v3.22.1
Unaudited Condensed Statements of Operations - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
General and administrative expenses $ 533,409 $ 343,735
Franchise tax expenses 50,000 48,274
Loss from operations (583,409) (392,009)
Other income (expense)    
Change in fair value of derivative warrant liabilities 13,247,800 (3,392,750)
Change in fair value of promissory note – related party 41,590
Financing costs - derivative warrant liabilities (1,406,506)
Income from investments held in Trust Account 70,395 7,058
Income (loss) before income tax 12,776,376 (5,184,207)
Income tax expense
Net income (loss) $ 12,776,376 $ (5,184,207)
Class A Common Stock    
Other income (expense)    
Weighted average shares outstanding of common stock, basic and diluted (in Shares) 86,250,000 48,875,000
Basic and diluted net income (loss) per share, common stock (in Dollars per share) $ 0.12 $ (0.07)
Class B Common Stock    
Other income (expense)    
Weighted average shares outstanding of common stock, basic and diluted (in Shares) 21,562,500 20,343,750
Basic and diluted net income (loss) per share, common stock (in Dollars per share) $ 0.12 $ (0.07)