CORRECTION OF PREVIOUSLY ISSUED BALANCE SHEET (Tables)

3 Months Ended

Mar. 31, 2021

CORRECTION OF PREVIOUSLY ISSUED BALANCE SHEET [Abstract]

Revision to Prior Period Financial Statements

The Company’s accounting for the Warrants as components of equity instead of as derivative liabilities did not have any effect on the Company’s previously reported operating expenses, cash flows or cash as none of these measures have been reported by the Company at a time when the Warrants were issued and outstanding.

Balance Sheet as of January 26, 2021	As Reported (audited)			Adjustment (unaudited)			As Adjusted (unaudited)
Total Liabilities	$	9,128,572		$	20,771,633		$	29,900,205
Class A Common Stock Subject to Redemption		229,725,850			(20,771,633	)		208,954,217
Class A Common Stock		118			207			325
Additional Paid in Capital		5,000,283			4,082,432			9,082,715
(Accumulated Deficit) Retained Earnings		(995	)		(4,082,639	)		(4,083,634	)
Total Stockholders’ Equity		5,000,010			-			5,000,010