Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statement of Cash Flows (Unaudited)

v3.21.1
Condensed Consolidated Statement of Cash Flows (Unaudited)
3 Months Ended
Mar. 31, 2021
USD ($)
Cash Flows from Operating Activities:  
Net loss $ (9,627,185)
Adjustments to reconcile net loss to net cash used in operating activities:  
Interest earned on marketable securities held in Trust Account (42,746)
Change in fair value of warrant liability 6,342,500
Unrealized gain on marketable securities held in Trust Account (744)
Changes in operating assets and liabilities:  
Prepaid expenses 164,310
Accounts payable and accrued expenses 2,455,273
Net cash used in operating activities (708,592)
Cash Flows from Financing Activities:  
Repayment of advances from related party (25,000)
Net cash provided by financing activities (25,000)
Net Change in Cash and Cash Equivalents (733,592)
Cash and Cash Equivalents – Beginning of period 780,292
Cash and Cash Equivalents – End of period 46,700
Non-Cash investing and financing activities:  
Change in value of Class A common stock subject to possible redemption $ 36,512,092