SUBSEQUENT EVENTS

3 Months Ended

Mar. 31, 2022

SUBSEQUENT EVENTS [Abstract]

SUBSEQUENT EVENTS

NOTE 9 — SUBSEQUENT EVENTS

The Company evaluated subsequent events and transactions that occurred after the balance sheet date through the date these financial statements were issued. Based upon this review the Company did not identify any subsequent events other than discussed below that would have required adjustment or disclosure in the financial statements.

The Company was recently informed by the underwriter of its Initial Public Offering that, due to proposed SEC regulations imposing potential liability on the underwriter of an initial public offering for a blank check company upon its subsequent initial business combination, the underwriter is ending its relationships with most special purpose acquisition companies it helped take public, including the Company. The Company expects the underwriter to waive its deferred underwriting fees of $9,660,000, which will be reflected in future financial statements of the Company as a debit to liability and a credit to temporary equity.