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RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS (Tables)
12 Months Ended
Dec. 31, 2021
RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS  
Schedule of financial statement adjustments related to the restatement of the Companys previously reported balance sheet

 

 

As of March 17, 2021

 

 

 

As Previously Reported

 

 

Adjustments

 

 

As Adjusted

 

 

 

 

 

 

 

 

 

 

 

Class A Subject to Redemption

 

$90,472,172

 

 

$6,099,748

 

 

$96,571,920

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Class A common

 

$70

 

 

$(70 )

 

$-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

APIC

 

$5,015,083

 

 

$(6,099,678 )

 

$(1,084,595 )

 

The table below presents the effect of the financial statement adjustments related to the restatement of the Company’s previously reported balance sheet as of March 31, 2021:

 

 

 

As of March 31, 2021 (Unaudited)

 

 

 

As Previously Reported

 

 

Adjustments

 

 

As Adjusted

 

 

 

 

 

 

 

 

 

 

 

Class A Subject to Redemption

 

$90,472,172

 

 

$6,099,748

 

 

$96,571,920

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Class A common

 

$70

 

 

$(70 )

 

$-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

APIC

 

$5,015,083

 

 

$(6,099,678 )

 

$(1,084,595 )

 

The table below presents the effect of the financial statement adjustments related to the restatement of the Company’s previously reported balance sheet as of June 30, 2021:

 

 

 

As of June 30, 2021 (Unaudited)

 

 

 

As Previously Reported

 

 

Adjustments

 

 

As Adjusted

 

 

 

 

 

 

 

 

 

 

 

Class A Subject to Redemption

 

$94,259,273

 

 

$6,099,748

 

 

$100,359,021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Class A common

 

$70

 

 

$(70 )

 

$-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

APIC

 

$5,015,083

 

 

$(6,099,678 )

 

$(1,084,595 )

 

The table below presents the effect of the financial statement adjustments related to the restatement of the Company’s previously reported balance sheet as of September 30, 2021:

 

 

 

As of September 30, 2021 (Unaudited)

 

 

 

As Previously Reported

 

 

Adjustments

 

 

As Adjusted

 

 

 

 

 

 

 

 

 

 

 

Class A Subject to Redemption

 

$94,259,273

 

 

$6,099,748

 

 

$100,359,021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Class A common

 

$70

 

 

$(70 )

 

$-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

APIC

 

$5,015,083

 

 

$(6,099,678 )

 

$(1,084,595 )