Quarterly report pursuant to Section 13 or 15(d)

Significant Accounting Policies (Tables)

v3.21.2
Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2021
Significant Accounting Policies  
Reconciliation of Net Loss per Common Share

Three Months Ended

Six Months Ended

June 30, 

June 30, 

    

2021

    

2021

Common stock subject to possible redemption

 

  

Numerator: Earnings allocable to Common stock subject to possible redemption

 

  

Interest earned on marketable securities held in Trust Account

$

5,243

$

7,260

Less: Income and franchise taxes

 

(5,243)

 

(7,260)

Net income allocable to shares subject to possible redemption

$

$

Denominator: Weighted Average Common stock subject to possible redemption

 

  

 

Basic and diluted weighted average shares outstanding

 

31,034,220

 

30,981,858

Basic and diluted net income per share

$

0.00

$

0.00

Non-Redeemable Common Stock

 

  

 

Numerator: Net (Loss) Income minus Net Earnings

 

  

 

Net (loss) income

$

(293,174)

$

139,435

Net income allocable to Common stock subject to possible redemption

 

 

Non-Redeemable Net (Loss) Income

$

(293,174)

$

139,435

Denominator: Weighted Average Non-Redeemable Common Stock

 

  

 

Basic and diluted weighted average shares outstanding

 

12,119,916

 

10,704,777

Basic and diluted net (loss) income per share

$

(0.02)

$

0.01