Quarterly report pursuant to Section 13 or 15(d)

Unaudited Condensed Consolidated Statement of Cash Flows

v3.21.2
Unaudited Condensed Consolidated Statement of Cash Flows
 6 Months Ended
Jun. 30, 2021
USD ($)
Cash Flows from Operating Activities:  
Net loss $ (16,835,187)
Adjustments to reconcile net loss to net cash used in operating activities:  
Net gain from investments held in Trust Account (74,562)
Change in fair value of warrant derivative liabilities 9,160,500
Changes in operating assets and liabilities:  
Prepaid expenses 509,806
Accounts payable (135,565)
Due to related party 1,815,013
Accrued expenses 4,847,956
Franchise tax payable 99,179
Net cash used in operating activities (612,860)
Cash Flows from Investing Activities  
Interest released from Trust Account to pay taxes 37,485
Net cash provided by investing activities 37,485
Net change in cash and cash equivalents (575,375)
Cash and cash equivalents - beginning of the period 715,580
Cash and cash equivalents - end of the period 140,205
Supplemental Cash flow Information  
Cash paid for income taxes 7,000
Supplemental disclosure of noncash financing activities:  
Change in value of Class A common stock subject to possible redemption $ (16,835,180)