Cash and Investment Held in Trust Account

3 Months Ended

Sep. 30, 2021

Cash and Cash Equivalents [Abstract]

CASH AND INVESTMENT HELD IN TRUST ACCOUNT

NOTE 4 — CASH AND INVESTMENT HELD IN TRUST ACCOUNT

As of September 30, 2021, investment securities in the Company’s Trust Account consisted of $57,500,550 in United States Treasury Bills and $5,156 in cash. As of June 30, 2021, investment securities in the Company’s Trust Account consisted of $57,496,825 in United States Treasury Bills and $2,326 in cash The Company classifies its United States Treasury securities as available-for-sale. Available-for-sale marketable securities are recorded at their estimated fair value on the accompanying September 30, 2021 balance sheet. The carrying value, including gross unrealized holding gain as other comprehensive income and fair value of held to marketable securities on September 30, 2021 and June 30, 2021 are as follows:

	Carrying Value as of September 30, 2021 (unaudited)		Gross Unrealized Holding Gain		Fair Value as of September 30, 2021 (unaudited)
Available-for-sale marketable securities:
U.S. Treasury Securities	$	57,499,218	$	1,332	$	57,500,550

	Carrying Value as of June 30, 2021		Gross Unrealized Holding (Loss)			Fair Value as of June 30, 2021
Available-for-sale marketable securities:
U.S. Treasury Securities	$	57,500,491	$	(3,666	)	$	57,496,825