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Condensed Balance Sheets - USD ($)
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash $ 240,149 $ 941,242
Prepaid expenses 158,640 316,989
Total current assets 398,789 1,258,231
Investments held in Trust Account 172,521,417 172,511,212
Total Assets 172,920,206 173,769,443
Current liabilities:    
Accounts payable 26,196 332,263
Accrued expenses 145,000 70,000
Due to related party 28,390
Franchise tax payable 106,279 106,899
Total current liabilities 305,865 509,162
Deferred underwriting commissions 6,037,500 6,037,500
Derivative warrant liabilities 8,758,750 14,580,610
Total liabilities 15,102,115 21,127,272
Commitments and Contingencies
Class A common stock subject to possible redemption, $0.0001 par value; 17,250,000 shares at $10.00 per share as of September 30, 2021 and December 31, 2020 172,500,000 172,500,000
Stockholders’ Deficit:    
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; no shares issued and outstanding
Class A common stock, $0.0001 par value; 380,000,000 shares authorized; no non-redeemable shares issued and outstanding
Class B common stock, $0.0001 par value; 20,000,000 shares authorized; 4,312,500 shares issued and outstanding as of September 30, 2021 and December 31, 2020 431 431
Additional paid-in capital
Accumulated deficit (14,682,340) (19,858,260)
Total stockholders’ deficit (14,681,909) (19,857,829)
Total Liabilities, Class A Common Stock Subject to Possible Redemption and Stockholders’ Deficit $ 172,920,206 $ 173,769,443