SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Sep. 30, 2021

SIGNIFICANT ACCOUNTING POLICIES

Reconciliation of Net Loss per Common Share

	For the Period from
	January 15, 2021
	(commencement
	of operations)		For the Three
	through		Months Ended
	September 30, 2021		September 30,  2021
Common stock subject to possible redemption
Numerator:
Net loss allocable to common stock subject to possible redemption	$	(180,011)	$	(42,972)
Denominator:
Weighted average shares outstanding, redeemable common stock		9,379,146		12,843,937
Basic and diluted net loss per share, redeemable common stock	$	(0.02)	$	(0.00)
Non-redeemable common stock
Numerator:
Net loss allocable to common stock not subject to redemption	$	(76,991)	$	(12,774)
Denominator:
Weighted average shares outstanding, non-redeemable common stock		3,777,116		3,817,863
Basic and diluted net loss per share, non-redeemable common stock	$	(0.02)	$	(0.00)

Summary of reconciliation of Class A common stock reflected on the balance sheet

As of September 30, 2021, the shares of common stock subject to possible redemption and included as temporary equity are as follows:

Gross proceeds	$	128,439,370
Less:
Proceeds allocated to public warrants		(4,174,280)
Common stock issuance costs		(3,003,140)
Plus:
Accretion of carrying value to redemption value		7,177,420
Contingently redeemable common stock	$	128,439,370