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Condensed Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash Flows from Operating Activities:    
Net income (loss) $ 4,638,019 $ (491,238) [1],[2]
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Interest earned on marketable securities held in Trust Account (44,344) (2,426) [2]
Change in fair value of derivative warrant liability (5,143,432) [2]
Offering cost associated with warrants recorded as liabilities 379,848 [2]
Changes in operating assets and liabilities    
Prepaid expenses 123,501 (37,429) [2]
Accrued expenses (8,279) 110,525 [2]
Net cash used in operating activities (434,535) (40,720) [2]
Cash Flows from Investing Activities:    
Proceeds from maturity of securities in Trust Account 175,073,579 [2]
Investment of cash in Trust Account (175,073,579) (175,000,000) [2]
Net cash used in investing activities (175,000,000) [2]
Cash Flows from Financing Activities:    
Proceeds from sale of Units, net of underwriting discounts paid 171,500,000 [2]
Proceeds from sale of Founder Shares 25,000 [2]
Proceeds from sale of Private Warrants 6,150,000 [2]
Proceeds from promissory note – related party 150,000 [2]
Proceeds from underwriter’s rebate 175,000 [2]
Payment of offering costs (124,310) [2]
Net cash provided by financing activities 177,875,690 [2]
Net Increase (Decrease) in Cash (434,535) 2,834,970 [2]
Cash and cash equivalents – Beginning of period 2,005,228 [2]
Cash and cash equivalents – End of period $ 1,570,693 2,834,970 [2]
Non-cash investing and financing activities:    
Initial classification of common stock subject to possible redemption [2]   175,000,000
Offering costs included in accrued offering costs [2]   383,080
Deferred underwriting fee payable [2]   $ 6,125,000
[1] For the period from March 18, 2020 (inception) through September 30, 2020
[2] For the period from March 18, 2020 (inception) through September 30, 2020