Annual report pursuant to Section 13 and 15(d)

STATEMENTS OF OPERATIONS

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STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2021
Formation and operational costs $ 1,000 [1] $ 789,921
Professional Fees   985,706
Loss from operations (1,000) [1] (1,784,627)
Other income (expense):    
Change in fair value of convertible promissory note - related party   (12,850)
Offering costs attributable to warrant liabilities   (645,069)
Interest income   19,104
Other income, net   8,599,852
Net income (loss) $ (1,000) [1] 6,815,225
Public Warrants    
Other income (expense):    
Change in fair value of derivative liability   5,382,000
Private Placement Warrants    
Other income (expense):    
Change in fair value of derivative liability   4,628,000
Other expense - private warrant liability   $ (771,333)
Class A common stock    
Other income (expense):    
Weighted Average Number of Shares Outstanding, Basic   29,395,890
Weighted Average Number of Shares Outstanding, Diluted 0 29,395,890
Earnings Per Share, Basic   $ 0.18
Earnings Per Share, Diluted $ 0.00 $ 0.18
Class B common stock    
Other income (expense):    
Weighted Average Number of Shares Outstanding, Basic 7,500,000 [1] 8,625,000
Weighted Average Number of Shares Outstanding, Diluted 7,500,000 8,625,000
Earnings Per Share, Basic   $ 0.18
Earnings Per Share, Diluted $ 0.00 $ 0.18
[1] Class B common stock for the period from December 17, 2020 (inception) through December 31, 2020 excludes an aggregate of up to 1,125,000 shares that were subject to forfeiture if the over-allotment option was not exercised in full or in part by the underwriters (see Note 5). On February 23, 2021, the underwriters fully exercised their over-allotment option; thus, these shares are no longer subject to forfeiture and included in the calculation of basic and diluted weighted average shares outstanding for the year ended December 31, 2021.