Restatement of Previously Issued Financial Statements (Tables)

9 Months Ended

Sep. 30, 2021

Revision Of Previously Issued Financial Statements [Abstract]

Schedule of restatement of previously issued financial statements

	As						As
	Reported			Adjustment			Restated
Unaudited Balance Sheet as of March 31, 2021
Common Stock subject to possible redemption ($)	$	131,686,791		$	20,055,709		$	151,742,500
Stockholders’ equity (deficit)
Class A common stock, $0.0001 par value		198			(198	)		-
Class B common stock, $0.0001 par value		374			-			374
Additional paid-in capital		2,035,191			(2,035,191	)		-
Accumulated Deficit		(2,964,240	)		(18,020,320	)		(15,056,080	)
Total stockholders’ equity (deficit)	$	5,000,003		$	(20,055,709	)	$	(15,055,706	)
Shares subject to possible redemption		12,974,068			1,975,932			14,950,000
Unaudited Statement of Operations for the three months ended March 31, 2021
Weighted average shares outstanding, Redeemable Class A common stock		14,950,000			(3,322,222	)		11,627,778
Basic and diluted net income per share, Redeemable Class A common stock	$	-		$	0.19		$	0.19
Weighted average shares outstanding, Non-redeemable Class A and Class B common stock		3,737,500			-			3,737,500
Basic and diluted net income per shares, Non-redeemable Class A and Class B common stock	$	0.79		$	(0.60	)	$	0.19
Unaudited Statement of Changes in Stockholders’ Equity as of March 31, 2021
Sale of 14,950,000 Units, net of offering costs related to Class A common stock and initial fair value of Public Warrants liability	$	133,697,553		$	(133,697,553	)	$	-
Class A common stock subject to possible redemption		(131,686,790	)		131,686,790			-
Accretion for Class A common stock to redemption amount		-			(15,802,447	)		(15,802,447	)
Overfunding of trust account for redemption of Class A common stock		-			(242,500	)		(242,500	)
Unaudited Statement of Cash Flows as of March 31, 2021
Initial value of Class A common stock subject to possible redemption	$	127,845,058		$	(127,845,058	)	$	-
Change in value of Class A common stock subject to possible redemption	$	3,841,733		$	(3,841,733	)	$	-
Unaudited Balance Sheet as of June 30, 2021
Common Stock subject to possible redemption	$	132,096,110		$	19,646,390		$	151,742,500
Stockholders’ equity (deficit)
Class A common stock, $0.0001 par value		194			(194	)		-
Class B common stock, $0.0001 par value		374			-			374
Additional paid-in capital		1,625,875			(1,625,875	)		-
Retained Earnings (Accumulated Deficit)		3,373,558			(18,020,321	)		(14,674,235	)
Total stockholders’ equity (deficit)	$	5,000,001		$	(19,646,389	)	$	(14,646,388	)
Shares subject to possible redemption		13,014,395			1,935,605			14,950,000

	As						As
	Reported			Adjustment			Restated
Unaudited Statement of Operations for the three months ended June 30, 2021
Weighted average shares outstanding, Redeemable Class A common stock		14,950,000			-			14,950,000
Basic and diluted net income per share, Redeemable Class A common stock	$	-		$	0.02		$	0.02
Weighted average shares outstanding, Non-redeemable Class A and Class B common stock		3,737,500			-			3,737,500
Basic and diluted net income per shares, Non-redeemable Class A and Class B common stock	$	0.11		$	(0.09	)	$	0.02
Unaudited Statement of Operations for the six months ended June 30, 2021
Weighted average shares outstanding, Redeemable Class A common stock		14,950,000			(1,651,934	)		13,298,066
Basic and diluted net income per share, Redeemable Class A common stock	$	-		$	0.20		$	0.20
Weighted average shares outstanding, Non-redeemable Class A and Class B common stock		3,737,500			-			3,737,500
Basic and diluted net income per shares, Non-redeemable Class A and Class B common stock	$	0.90		$	(0.70	)	$	0.20
Unaudited Statement of Changes in Stockholders’ Equity as of June 30, 2021
Remeasurement in Class A common stock subject to possible redemption	$	(409,320	)	$	409,320		$	-
Unaudited Statement of Cash Flows as of June 30, 2021
Initial value of Class A common stock subject to possible redemption	$	127,845,058		$	(127,845,058	)	$	-
Change in value of Class A common stock subject to possible redemption	$	4,251,052		$	(4,251,052	)	$	-