XML 31 R12.htm IDEA: XBRL DOCUMENT v3.22.2
BALANCE SHEETS - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Assets    
Cash $ 16,146,000 $ 113,353,000
Prepaid expenses 2,960,000 330,000
Total current assets 21,091,000 113,944,000
Total assets 349,996,000 153,746,000
Liabilities and shareholders’ equity    
Total current liabilities 14,720,000 1,345,000
Total liabilities 83,073,000 9,620,000
Commitments and Contingencies (Note 6)
Shareholders’ Deficit:    
Class A ordinary shares, $0.0001 par value; 200,000,000 shares authorized; 143,750 and no shares issued and outstanding as of December 31, 2021 and 2020, respectively (excluding 14,375,000 and no shares subject to redemption as of December 31, 2021 and 2020, respectively) 206,000 194,000
Additional paid in capital 330,870,000 166,859,000
Accumulated deficit (62,606,000) (378,000)
Total shareholders' equity 266,923,000 144,126,000
Total liabilities and shareholders' equity 349,996,000 153,746,000
Agrico Acquisition Corp.    
Assets    
Cash 664,428 0
Prepaid expenses 6,083
Total current assets 670,511 0
Cash and marketable securities held in Trust Account 146,644,675 0
Deferred offering costs 0 96,594
Total assets 147,315,186 96,594
Liabilities and shareholders’ equity    
Accrued offering costs and expenses 129,068 50,000
Due to related party 73,795 56,266
Total current liabilities 202,863 106,266
Deferred underwriters’ fee 5,031,250 0
Total liabilities 5,234,113 106,266
Commitments and Contingencies (Note 6)
Class A ordinary shares subject to possible redemption, 14,375,000 Class A ordinary shares at redemption value of $10.20 per share 146,625,000 0
Shareholders’ Deficit:    
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding 0 0
Class A ordinary shares, $0.0001 par value; 200,000,000 shares authorized; 143,750 and no shares issued and outstanding as of December 31, 2021 and 2020, respectively (excluding 14,375,000 and no shares subject to redemption as of December 31, 2021 and 2020, respectively) 14 0
Class B ordinary shares, $0.0001 par value; 20,000,000 shares authorized; 3,593,750 issued and outstanding as of March 31, 2022 and December 31, 2021 359 0
Accumulated deficit (4,544,300) (9,672)
Total shareholders' equity (4,543,927) (9,672)
Total liabilities and shareholders' equity $ 147,315,186 $ 96,594