Class A Common Stock Subject to Possible Redemption (Tables)

5 Months Ended

12 Months Ended

Dec. 31, 2020

Dec. 31, 2021

Class A Common Stock Subject to Possible Redemption

Summary Of Reconciliation Of Class A Common Stock Subject to Possible Redemption Reflected on The Balance Sheet

The Class A common stock subject to possible redemption reflected on the balance sheet is reconciled on the following table:

Gross proceeds from Initial Public Offering	$	172,500,000
Less:
Fair value of Public Warrants at issuance		(7,417,500)
Offering costs allocated to Class A common stock
subject to possible redemption		(8,745,721)
Plus:
Accretion on Class A common stock subject to
possible redemption amount		19,613,221
Class A common stock subject to possible
redemption	$	175,950,000

The Class A common stock subject to possible redemption reflected on the balance sheet is reconciled on the following table:

Gross proceeds from Initial Public Offering	$	172,500,000
Less:
Fair value of Public Warrants at issuance		(7,417,500)
Offering costs allocated to Class A common stock subject to possible redemption		(8,745,721)
Plus:
Accretion on Class A common stock subject to possible redemption amount		19,613,221
Class A common stock subject to possible redemption	$	175,950,000