RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENT AS OF MARCH 4, 2021 (Tables)

3 Months Ended

Mar. 31, 2021

RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENT AS OF MARCH 4, 2021 [Abstract]

Accounting for Warrants as Components of Equity

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 investments held in trust or cash.

	As Previously Reported			Adjustments			As Restated
Balance sheet as of March 4, 2021 (audited)
Warrant Liability	$	—		$	20,671,250			20,671,250
Class A Common Stock Subject to Possible Redemption		274,385,560			(20,671,250	)		253,714,310
Class A Common Stock		131			207			338
Additional Paid-in Capital		5,000,876			759,815			5,760,691
Accumulated Deficit		(1,724	)		(760,022	)		(761,746	)