CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS |
3 Months Ended |
|---|---|
|
Mar. 31, 2021
USD ($)
| |
| Cash Flows from Operating Activities: | |
| Net loss | $ 7,282,560 |
| Adjustments to reconcile net loss to net cash used in operating activities: | |
| Change in fair value of warrant liabilities | (10,036,098) |
| Interest earned on investments held in Trust Account | (50,175) |
| Changes in operating assets and liabilities: | |
| Prepaid expenses | 48,360 |
| Accrued expenses | 2,484,340 |
| Net cash used in operating activities | (217,013) |
| Cash Flows from Financing Activities: | |
| Payment of offering costs | (17,000) |
| Net cash used in financing activities | (17,000) |
| Net Change in Cash | (288,013) |
| Cash - Beginning of period | 2,245,798 |
| Cash - Ending of period | 1,957,785 |
| Non-cash investing and financing activities: | |
| Change in value of Class A common stock subject to possible redemption | $ 7,282,560 |