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Private Placement
2 Months Ended
Mar. 31, 2021
Private Placement Disclosure [Abstract]  
PRIVATE PLACEMENT

NOTE 4. PRIVATE PLACEMENT


The Sponsor has committed to purchase 690,000 Private Placement Shares (or 756,000 Private Placement Shares if the underwriters’ over-allotment option is exercised in full) at a price of $10.00 per Private Placement Share, for an aggregate purchase price of $6,900,000 (or $7,560,000 if the underwriters’ over-allotment option is exercised in full), in a private placement that will occur simultaneously with the closing of the Proposed Public Offering. A portion of the proceeds from the Private Placement Shares will be added to the proceeds from the Initial Public Offering to be held in the Trust Account. If the Company does not complete a Business Combination within the Combination Period, the proceeds from the sale of the Private Placement Shares will be used to fund the redemption of the Public Shares (subject to the requirements of applicable law). For the avoidance of doubt, there will be no redemption rights granted to the Private Placement Shares or liquidating distributions rights from the trust account with respect to the Private Placement Shares if the Company fails to complete the initial Business Combination within the Combination Period. As further discussed in Note 8, the Company completed its initial public offering on May 4, 2021.