General form of registration statement for all companies including face-amount certificate companies

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

v3.21.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash Flows from Operating Activities:    
Net loss $ (612,708) $ (85)
Adjustments to reconcile net loss to net cash used in operating activities:    
Change in fair value of warrants 223,380 0
Interest earned on marketable securities held in Trust Account (5,973) 0
Changes in operating assets and liabilities:    
Prepaid expenses (296,461) 0
Accounts payable and accrued expenses 85,970 85
Net cash used in operating activities (605,792) 0
Cash Flows from Investing Activities:    
Investment of cash in Trust Account (115,000,000) 0
Net cash used in investing activities (115,000,000) 0
Cash Flows from Financing Activities:    
Proceeds from sale of Units, net of underwriting discounts paid 112,700,000 0
Proceeds from sale of Private Placement Units 4,080,000 0
Repayment of promissory note - related party (200,000) 0
Payment of offering costs (484,565) 0
Net cash provided by financing activities (116,095,435) 0
Net Change in Cash 489,643 0
Cash - Beginning of period 195,758 25,000
Cash - End of period 685,402 0
Non-Cash investing and financing activities:    
Offering costs included in accrued offering costs 1,105 0
Initial classification of common stock subject to possible redemption 111,197,990 0
Change in value of common stock subject to possible redemption $ (611,921) $ 0