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Condensed Balance Sheets - USD ($)
Sep. 30, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 1,570,693 $ 2,005,228
Prepaid expenses 139,015 262,516
Total Current Assets 1,709,708 2,267,744
Cash and marketable securities held in Trust Account 175,084,854 175,040,510
TOTAL ASSETS 176,794,562 177,308,254
LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT)    
Current liability - accrued expenses 205,746 214,025
Deferred underwriting fee payable 6,125,000 6,125,000
Derivative warrant liabilities 10,054,568 15,198,000
Total Liabilities 16,385,314 21,537,025
Commitments and contingencies
Class A common stock subject to possible redemption, 17,500,000 shares issued and outstanding at redemption value of $10.00 per share as of September 30, 2021, and December 31, 2020 175,000,000 175,000,000
Stockholders’ Equity (Deficit)    
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding
Class A common stock, $0.0001 par value; 75,000,000 shares authorized at September 30, 2021, and December 31, 2020
Class B convertible common stock, $0.0001 par value; 10,000,000 shares authorized; 4,375,000 shares issued and outstanding as of September 30, 2021, and December 31, 2020 437 437
Additional paid-in capital 66 66
Accumulated deficit (14,591,255) (19,229,274)
Total Stockholders’ Equity (Deficit) (14,590,752) (19,228,771)
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) $ 176,794,562 $ 177,308,254