QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
(State or other jurisdiction of incorporation or organization) |
(Commission File Number) |
(IRS Employer Identification No.) |
rd Floor |
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(Address Of Principal Executive Offices) |
(Zip Code) |
Title of each class |
Trading Symbol(s) |
Name of each exchange on which registered | ||
one-half of one warrant |
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Large accelerated filer | ☐ | Accelerated filer | ☐ | |||
Non-accelerated filer |
☒ | Smaller reporting company | ||||
Emerging growth company |
Page |
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PART 1 – FINANCIAL INFORMATION |
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1 | ||||
1 | ||||
2 | ||||
3 | ||||
4 | ||||
5 | ||||
14 | ||||
17 | ||||
17 | ||||
PART II – OTHER INFORMATION |
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19 | ||||
19 | ||||
19 | ||||
20 | ||||
20 | ||||
20 | ||||
20 | ||||
21 |
September 30, 2021 |
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Assets: |
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Current asset - Cash |
$ | |||
Deferred offering costs |
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Total Assets |
$ | |||
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|
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Liabilities and Shareholder’s Equity: |
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Current liabilities |
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Accrued offering costs and expenses |
$ | |||
Promissory note – related party |
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Total Current Liabilities |
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Commitments and Contingencies (Note 6) |
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Shareholder’s Equity |
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Preference shares, $ |
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Class A ordinary shares, $ |
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Class B ordinary shares, $ |
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Additional paid-in capital |
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Accumulated deficit |
( |
) | ||
|
|
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Total Shareholder’s Equity |
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Total Liabilities and Shareholder’s Equity |
$ | |||
|
|
For the three months ended September 30, 2021 |
For the Period from February 26, 2021 (Inception) through September 30, 2021 |
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Formation costs |
$ | $ | ||||||
Net loss |
$ | ( |
) | $ | ( |
) | ||
Basic and diluted weighted average shares outstanding |
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Basic and diluted net loss per share |
$ | ( |
) | $ | 0 | ) | ||
Class B Ordinary Shares |
Additional Paid-in Capital |
Accumulated Deficit |
Total Shareholder’s Equity |
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Shares |
Amount |
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Balance as of February 26, 2021 (inception) |
$ | $ | $ | $ | ||||||||||||||||
Class B ordinary shares issued to Sponsor |
— | |||||||||||||||||||
Net loss |
— | — | — | ( |
) | ( |
) | |||||||||||||
Balance as of June 30, 2021 (Unaudited) |
$ | $ | $ | ( |
) | $ | ||||||||||||||
Net loss |
— | — | — | ( |
) | ( |
) | |||||||||||||
Balance as of September 30, 2021 (Unaudited) |
$ | $ | $ | ( |
) | $ | ||||||||||||||
For the Period from February 26, 2021 (Inception) through September 30, 2021 |
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Cash flows from operating activities: |
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Net loss |
$ | ( |
) | |
Net cash used in operating activities |
( |
) | ||
Cash flows from financing activities: |
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Proceeds from initial shareholders |
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Proceeds from issuance of promissory note to related party |
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Payment of promissory note to related party |
( |
) | ||
Payment of deferred offering costs |
( |
) | ||
Net cash provided by financing activities |
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Net change in cash |
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Cash, beginning of the period |
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Cash, end of the period |
$ | |||
Supplemental disclosure of cash flow information: |
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Deferred offering costs included in accrued offerings costs and expenses |
$ | |||
• | in whole and not in part; |
• | at a price of $ |
• | upon a minimum of 30 days’ prior written notice of redemption (the “ redemption period”); and |
• | if, and only if, the last reported sale price of the Class A ordinary shares equals or exceeds $ |
* | These certifications are furnished to the SEC pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 and are deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall they be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such filing. |
Dated: December 17, 2021 | Anthemis Digital Acquisitions I Corp | |||||
By: | /s/ Amy Nauiokas | |||||
Name: | Amy Nauiokas | |||||
Title: | Chief Executive Officer | |||||
By: | /s/ Mei Lim | |||||
Name: | Mei Lim | |||||
Title: | Chief Financial Officer |