Annual report pursuant to Section 13 and 15(d)

BALANCE SHEET

v3.21.1
BALANCE SHEET
Dec. 31, 2020
USD ($)
ASSETS  
Current asset - cash $ 172,854
Deferred offering costs 37,042
TOTAL ASSETS 209,896
Current liabilities  
Accrued expenses 1,000
Accrued offering costs 25,000
Promissory notes - related parties 160,000
Total Current Liabilities 186,000
Commitments and Contingencies
Stockholders' Equity  
Preferred stock, $0.0001 par value; 5,000,000 shares (1) authorized; no shares issued and outstanding 0 [1]
Additional paid-in capital 24,281
Accumulated deficit (1,104)
Total Stockholders' Equity 23,896
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 209,896
Class A  
Stockholders' Equity  
Common stock 0 [1]
Class B  
Stockholders' Equity  
Common stock 719 [1],[2]
Total Stockholders' Equity $ 719
[1] Prior to the approval of the Amended and Restated Certificate of Incorporation on February 4, 2021, the Company was authorized to issue 70,000,0000 shares, consisting of 60,000,000 shares of Class A common stock and 10,000,000 shares of Class B common stock and 1,000,000 preferred stock.
[2] Included an aggregate of up to 937,500 shares of Class B common stock that were subject to forfeiture depending on the extent to which the underwriters’ over-allotment option was exercised (see Note 5).