0001213900-21-038373.txt : 20210723 0001213900-21-038373.hdr.sgml : 20210723 20210723162704 ACCESSION NUMBER: 0001213900-21-038373 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 51 CONFORMED PERIOD OF REPORT: 20210331 FILED AS OF DATE: 20210723 DATE AS OF CHANGE: 20210723 FILER: COMPANY DATA: COMPANY CONFORMED NAME: InterPrivate IV InfraTech Partners Inc. CENTRAL INDEX KEY: 0001839611 STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-40153 FILM NUMBER: 211111136 BUSINESS ADDRESS: STREET 1: 1350 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: (212) 647-0166 MAIL ADDRESS: STREET 1: 1350 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10019 10-Q 1 f10q0321_interprivate4.htm QUARTERLY REPORT
 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 10-Q

 

(MARK ONE)

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 

For the quarter ended March 31, 2021

 

TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 

For the transition period from               to               

 

Commission file number: 001-40153

 

INTERPRIVATE IV INFRATECH PARTNERS INC.

(Exact Name of Registrant as Specified in Its Charter)

 

Delaware   85-3092174
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. Employer
Identification No.)

 

1350 Avenue of the Americas, 2nd Floor

New York, NY 10019

(Address of principal executive offices)

 

(212) 920-0125

(Issuer’s telephone number)

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered

Units, each consisting of one share of Class A common stock and one-fifth of one redeemable warrant

  IPVIU   The Nasdaq Stock Market LLC
Class A common stock, par value $0.0001 per share   IPVI   The Nasdaq Stock Market LLC
Warrants, each whole warrant exercisable for one share of Class A common stock, each at an exercise price of $11.50 per share   IPVIW   The Nasdaq Stock Market LLC

 

Check whether the issuer (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒   No ☐

 

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒   No ☐

 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See definitions of “large accelerated filer”, “accelerated filer”, “smaller reporting company”, and “emerging growth company” in Rule 12b-2 of the Exchange Act.

 

Large accelerated filer Accelerated filer
Non-accelerated filer Smaller reporting company
  Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☒   No ☐

 

As of July 23, 2021, there were 28,750,000 shares of Class A common stock, $0.0001 par value and 7,187,500 shares of Class B common stock, $0.0001 par value, issued and outstanding.

 

 

 

 

 

 

INTERPRIVATE IV INFRATECH PARTNERS INC.

 

FORM 10-Q FOR THE QUARTER ENDED MARCH 31, 2021

 

TABLE OF CONTENTS

 

    Page
Part I. Financial Information    
Item 1. Financial Statements   1

Condensed Balance Sheet as of March 31, 2021 (Unaudited)

  1

Condensed Statement of Operations for the three months ended March 31, 2021 (Unaudited)

  2

Condensed Statement of Changes in Stockholders’ Equity for the three months ended March 31, 2021 (Unaudited)

  3

Condensed Statement of Cash Flows for the three months ended March 31, 2021 (Unaudited)

  4
Notes to Condensed Financial Statements (Unaudited)   5
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations   18
Item 3. Quantitative and Qualitative Disclosures Regarding Market Risk   21
Item 4. Controls and Procedures   21
     
Part II. Other Information    
Item 1. Legal Proceedings   22
Item 1A. Risk Factors   22
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds   23
Item 3. Defaults Upon Senior Securities   23
Item 4. Mine Safety Disclosures   23
Item 5. Other Information   23
Item 6. Exhibits   24
     
Part III. Signatures   25

 

i

 

 

PART I - FINANCIAL INFORMATION

 

Item 1. Interim Financial Statements.

 

INTERPRIVATE IV INFRATECH PARTNERS INC.

CONDENSED BALANCE SHEET

 

   March 31,
2021
 
   (unaudited) 
ASSETS    
Current assets    
Cash  $728,875 
Prepaid expenses   498,337 
Total Current Assets   1,227,212 
      
Marketable securities held in Trust Account   287,509,784 
TOTAL ASSETS  $288,736,996 
      
LIABILITIES AND STOCKHOLDERS’ EQUITY     
Current liabilities     
Accrued expenses  $67,600 
Total Current Liabilities   67,600 
      
Warrant liability   8,327,500 
Deferred underwriting fee payable   10,062,500 
Total Liabilities   18,457,600 
      
Commitments and Contingencies (See Note 7)     
Class A common stock subject to possible redemption 26,527,939 shares at redemption value at March 31, 2021   265,279,390 
      
Stockholders’ Equity     
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding    
Class A common stock, $0.0001 par value; 380,000,000 shares authorized; 2,222,061 shares issued and outstanding (excluding 26,527,939 shares subject to possible redemption)   222 
Class B common stock, $0.0001 par value; 20,000,000 shares authorized; 7,187,500 shares issued and outstanding   719 
Additional paid-in capital   5,251,906 
Accumulated deficit   (252,841)
Total Stockholders’ Equity   5,000,006 
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY  $288,736,996 

 

The accompanying notes are an integral part of the unaudited condensed financial statements.

 

1

 

 

INTERPRIVATE IV INFRATECH PARTNERS INC.

CONDENSED STATEMENT OF OPERATIONS

THREE MONTHS ENDED MARCH 31, 2021

(UNAUDITED)

 

Operating and formation costs  $108,970 
Loss from operations   (108,970)
      
Other income (expense):     
Change in fair value of warrant liabilities   107,500 
Offering costs attributable to warrant liabilities   (261,155)
Interest earned on marketable securities held in Trust Account   4,996 
Unrealized gain on marketable securities held in Trust Account   4,788 
Other income (expense), net   (143,871)
      
Loss before income taxes   (252,841)
Benefit (provision) for income taxes    
Net loss  $(252,841)
      
Basic and diluted weighted average shares outstanding, Class A common stock subject to redemption   26,527,008 
      
Basic and diluted net income per share, Class A common stock subject to redemption  $ 
      
Basic and diluted weighted average shares outstanding, Non-redeemable common stock    7,022,565 
      
Basic and diluted net loss per share, Non-redeemable common stock  $(0.04)

 

The accompanying notes are an integral part of the unaudited condensed financial statements.

 

2

 

 

INTERPRIVATE IV INFRATECH PARTNERS INC.

CONDENSED STATEMENT OF CHANGES IN STOCKHOLDERS’ EQUITY

THREE MONTHS ENDED MARCH 31, 2021

(UNAUDITED)

 

  

Class A

Common Stock

  

Class B

Common Stock

  

Additional

Paid-in

   Accumulated  

Total

Stockholders’

 
   Shares   Amount   Shares   Amount   Capital   Deficit   Equity 
Balance — January 1, 2021      $       $   $   $   $ 
                                    
Common stock issued to Sponsor           7,187,500    719    24,281        25,000 
                                    
Sale of 28,750,000 Units, net of underwriting discounts and offering expenses and warrant liability   28,750,000    2,875            266,954,362        266,957,237 
                                    
Sale of 5,000,000 Private Placement Warrants                   3,550,000        3,550,000 
                                    
Common stock subject to possible redemption   (26,527,008)   (2,653)           (265,267,427)       (265,270,080)
                                    
Change in value of common stock subject to possible redemption   (931)               (9,310)       (9,310)
                                    
Net loss                       (252,841)   (252,841)
                                    
Balance – March 31, 2021   2,222,061   $222    7,187,500   $719   $5,251,906   $(252,841)  $5,000,006 

 

The accompanying notes are an integral part of the unaudited condensed financial statements.

 

3

 

 

INTERPRIVATE IV INFRATECH PARTNERS INC.

CONDENSED STATEMENT OF CASH FLOWS

THREE MONTHS ENDED MARCH 31, 2021

(UNAUDITED)

 

Cash Flows from Operating Activities:    
Net loss  $(252,841)
Adjustments to reconcile net loss to net cash used in operating activities:     
Change in fair value of warrant liabilities   (107,500)
Offering costs attributable to warrant liabilities   261,155 
Interest earned on marketable securities held in Trust Account   (4,996)
Unrealized gain on marketable securities held in Trust Account   (4,788)
Changes in operating assets and liabilities:     
Prepaid expenses and other current assets   (498,337)
Accrued expenses   67,600 
Net cash used in operating activities   (539,707)
      
Cash Flows from Investing Activities:     
Investment of cash in Trust Account   (287,500,000)
Net cash used in investing activities   (287,500,000)
      
Cash Flows from Financing Activities:     
Proceeds from sale of Units, net of underwriting discounts paid   281,750,000 
Proceeds from sale of Private Placement Warrants   7,500,000 
Proceeds from promissory note – related party   166,493 
Repayment of promissory note – related party   (166,493)
Payment of offering costs   (481,418)
Net cash provided by financing activities   288,768,582 
      
Net Change in Cash   728,875 
Cash – Beginning of period    
Cash – End of period  $728,875 
      
Non-Cash investing and financing activities:     
Offering costs paid by Sponsor in exchange for issuance of Founder Shares  $25,000 
Initial classification of common stock subject to possible redemption  $265,270,808 
Change in value of common stock subject to possible redemption  $9,310 
Deferred underwriting fee payable  $10,062,500 

 

The accompanying notes are an integral part of the unaudited condensed financial statements.

 

4

 

 

INTERPRIVATE IV INFRATECH PARTNERS INC.

NOTES TO CONDENSED FINANCIAL STATEMENTS

MARCH 31, 2021

(Unaudited)

 

NOTE 1. DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS

 

InterPrivate IV InfraTech Partners Inc. (the “Company”) is a blank check company incorporated in Delaware on September 10, 2020. It was originally incorporated under the name “InterPrivate III Technology Partners Corp.”, but the Company changed its name to “InterPrivate IV InfraTech Partners Inc.” on January 6, 2021. The Company was formed for the purpose of effectuating a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses (the “Business Combination”).

 

The Company is not limited to a particular industry or sector for purposes of consummating a Business Combination. The Company is an early stage and emerging growth company and, as such, the Company is subject to all of the risks associated with early stage and emerging growth companies.

 

As of March 31, 2021, the Company had not commenced any operations. All activity through March 31, 2021 relates to the Company’s formation, the initial public offering (“Initial Public Offering”), and subsequent to the Initial Public Offering, identifying a target company for a Business Combination. The Company will not generate any operating revenues until after the completion of its initial Business Combination, at the earliest. The Company will generate non-operating income on cash and cash equivalents in the form of interest income from the proceeds derived from the Initial Public Offering. The Company has selected December 31 as its fiscal year end.

 

The registration statement for the Company’s Initial Public Offering was declared effective on March 4, 2021. On March 9, 2021, the Company consummated the Initial Public Offering of 28,750,000 units (the “Units” and, with respect to the shares of Class A common stock included in the Units sold, the “Public Shares”), which includes the full exercise by the underwriters of their over-allotment option in the amount of 3,750,000 Units, at $10.00 per Unit, generating gross proceeds of $287,500,000, which is described in Note 4.

 

Simultaneously with the closing of the Initial Public Offering, the Company consummated the sale of 5,000,000 warrants (each, a “Private Placement Warrant” and, collectively, the “Private Placement Warrants”) at a price of $1.50 per Private Placement Warrant in a private placement to InterPrivate Acquisition Management IV, LLC (the “Sponsor”), generating gross proceeds of $7,500,000, which is described in Note 5.

 

Transaction costs amounted to $16,318,918, consisting of $5,750,000 of underwriting fees, $10,062,500 of deferred underwriting fees and $506,418 of other offering costs.

 

Following the closing of the Initial Public Offering on March 9, 2021, an amount of $287,500,000 ($10.00 per Unit) from the net proceeds of the sale of the Units in the Initial Public Offering and the sale of the Private Placement Warrants was placed in a trust account (the “Trust Account”), and will be invested in U.S. government securities, within the meaning set forth in Section 2(a)(16) of the Investment Company Act of 1940, as amended (the “Investment Company Act”), with a maturity of 185 days or less, or in any open-ended investment company that holds itself out as a money market fund meeting the conditions of Rule 2a-7 of the Investment Company Act, as determined by the Company, until the earlier of: (i) the consummation of a Business Combination or (ii) the distribution of the funds in the Trust Account to the Company’s stockholders, as described below.

 

The Company’s management has broad discretion with respect to the specific application of the net proceeds of the Initial Public Offering and the sale of the Private Placement Warrants, although substantially all of the net proceeds are intended to be applied generally toward consummating a Business Combination. NYSE rules provide that the Business Combination must be with one or more target businesses that together have a fair market value equal to at least 80% of the balance in the Trust Account (less any deferred underwriting commissions and taxes payable on interest earned on the Trust Account) at the time of the signing a definitive agreement to enter a Business Combination. The Company will only complete a Business Combination if the post-Business Combination company owns or acquires 50% or more of the outstanding voting securities of the target or otherwise acquires a controlling interest in the target sufficient for it not to be required to register as an investment company under the Investment Company Act. There is no assurance that the Company will be able to successfully effect a Business Combination.

 

5

 

 

INTERPRIVATE IV INFRATECH PARTNERS INC.

NOTES TO CONDENSED FINANCIAL STATEMENTS

MARCH 31, 2021

(Unaudited)

 

The Company will provide its holders of the outstanding Public Shares (the “public stockholders”) with the opportunity to redeem all or a portion of their Public Shares upon the completion of a Business Combination either (i) in connection with a stockholder meeting called to approve the Business Combination or (ii) by means of a tender offer. The decision as to whether the Company will seek stockholder approval of a Business Combination or conduct a tender offer will be made by the Company, solely in its discretion. The public stockholders will be entitled to redeem their Public Shares for a pro rata portion of the amount then in the Trust Account (initially anticipated to be $10.00 per Public Share, plus any pro rata interest earned on the funds held in the Trust Account and not previously released to the Company to pay its tax obligations). There will be no redemption rights upon the completion of a Business Combination with respect to the Company’s warrants.

 

The Company will proceed with a Business Combination only if the Company has net tangible assets of at least $5,000,001 either prior to or upon such consummation of a Business Combination and, if the Company seeks stockholder approval, a majority of the shares voted are voted in favor of the Business Combination. If a stockholder vote is not required by law and the Company does not decide to hold a stockholder vote for business or other reasons, the Company will, pursuant to its Amended and Restated Certificate of Incorporation (the “Amended and Restated Certificate of Incorporation”), conduct the redemptions pursuant to the tender offer rules of the U.S. Securities and Exchange Commission (“SEC”) and file tender offer documents with the SEC prior to completing a Business Combination. If, however, stockholder approval of the transaction is required by law, or the Company decides to obtain stockholder approval for business or other reasons, the Company will offer to redeem shares in conjunction with a proxy solicitation pursuant to the proxy rules and not pursuant to the tender offer rules. If the Company seeks stockholder approval in connection with a Business Combination, the Sponsor has agreed to vote its Founder Shares (as defined in Note 6) and any Public Shares purchased during or after the Initial Public Offering in favor of approving a Business Combination and not to convert any shares in connection with a stockholder vote to approve a Business Combination or sell any shares to the Company in a tender offer in connection with a Business Combination. Additionally, each public stockholder may elect to redeem their Public Shares irrespective of whether they vote for or against the proposed transaction or do not vote at all.

 

Notwithstanding the above, if the Company seeks stockholder approval of a Business Combination and it does not conduct redemptions pursuant to the tender offer rules, the Amended and Restated Certificate of Incorporation provides that a public stockholder, together with any affiliate of such stockholder or any other person with whom such stockholder is acting in concert or as a “group” (as defined under Section 13 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)), will be restricted from redeeming its shares with respect to more than an aggregate of 15% or more of the Public Shares, without the prior consent of the Company.

 

The Sponsor has agreed (a) to waive its redemption rights with respect to their Founder Shares and Public Shares held by it in connection with the completion of a Business Combination and (b) not to propose an amendment to the Amended and Restated Certificate of Incorporation (i) to modify the substance or timing of the Company’s obligation to allow redemption in connection with the Company’s initial Business Combination or to redeem 100% of its Public Shares if the Company does not complete a Business Combination or (ii) with respect to any other provision relating to stockholders’ rights or pre-initial business combination activity, unless the Company provides the public stockholders with the opportunity to redeem their Public Shares in conjunction with any such amendment.

 

The Company will have until March 9, 2023 or any extended period of time that the Company may have to consummate a Business Combination as a result of an amendment to the Company’s Amended and Restated Certificate of Incorporation to complete a Business Combination (the “Combination Period”). If the Company is unable to complete a Business Combination within the Combination Period, the Company will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but not more than ten business days thereafter, redeem the Public Shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account including interest earned on the funds held in the Trust Account and not previously released to the Company to pay its tax obligations (less up to $100,000 of interest to pay dissolution expenses), divided by the number of then outstanding Public Shares, which redemption will completely extinguish public stockholders’ rights as stockholders (including the right to receive further liquidating distributions, if any), and (iii) as promptly as reasonably possible following such redemption, subject to the approval of the Company’s remaining stockholders and the Company’s board of directors, dissolve and liquidate, subject in each case to the Company’s obligations under Delaware law to provide for claims of creditors and the requirements of other applicable law. There will be no redemption rights or liquidating distributions with respect to the Company’s warrants, which will expire worthless if the Company fails to complete a Business Combination within the Combination Period.

 

6

 

 

INTERPRIVATE IV INFRATECH PARTNERS INC.

NOTES TO CONDENSED FINANCIAL STATEMENTS

MARCH 31, 2021

(Unaudited)

 

The Sponsor has agreed to waive its liquidation rights with respect to the Founder Shares if the Company fails to complete a Business Combination within the Combination Period. However, if the Sponsor acquires Public Shares in or after the Initial Public Offering, such Public Shares will be entitled to liquidating distributions from the Trust Account if the Company fails to complete a Business Combination within the Combination Period. The underwriters have agreed to waive their rights to their deferred underwriting commission (see Note 7) held in the Trust Account in the event the Company does not complete a Business Combination within in the Combination Period and, in such event, such amounts will be included with the other funds held in the Trust Account that will be available to fund the redemption of the Public Shares. In the event of such distribution, it is possible that the per share value of the assets remaining available for distribution will be less than the Initial Public Offering price per Unit ($10.00).

 

In order to protect the amounts held in the Trust Account, the Sponsor has agreed to be liable to the Company if and to the extent any claims by a third party for services rendered or products sold to the Company, or a prospective target business with which the Company has discussed entering into a transaction agreement, reduce the amount of funds in the Trust Account to below (1) $10.00 per Public Share or (2) the actual amount per Public Share held in the Trust Account as of the date of the liquidation of the Trust Account due to reductions in the value of the trust assets, in each case net of the interest which may be withdrawn to pay the Company’s taxes. This liability will not apply with respect to any claims by a third party who executed a waiver of any and all rights to seek access to the Trust Account and except as to any claims under the Company’s indemnity of the underwriters of the Initial Public Offering against certain liabilities, including liabilities under the Securities Act of 1933, as amended (the “Securities Act”). Moreover, in the event that an executed waiver is deemed to be unenforceable against a third party, the Sponsor will not be responsible to the extent of any liability for such third-party claims. The Company will seek to reduce the possibility that the Sponsor will have to indemnify the Trust Account due to claims of creditors by endeavoring to have all vendors, service providers (except the Company’s independent registered public accounting firm), prospective target businesses or other entities with which the Company does business, execute agreements with the Company waiving any right, title, interest or claim of any kind in or to monies held in the Trust Account.

 

Risks and Uncertainties

 

Management continues to evaluate the impact of the COVID-19 pandemic and has concluded that while it is reasonably possible that the virus could have a negative effect on the Company’s financial position, and/or search for a target company, the specific impact is not readily determinable as of the date of the financial statement. The financial statement does not include any adjustments that might result from the outcome of this uncertainty.

 

NOTE 2. REVISION OF PREVIOUSLY ISSUED FINANCIAL STATEMENT

 

The Company initially accounted for its outstanding Public Warrants (as defined in Note 5) and Private Placement Warrants (collectively, with the Public Warrants, the “Warrants”) issued in connection with its Initial Public Offering as components of equity instead of as derivative liabilities. The warrant agreement governing the Warrants includes a provision that provides for potential changes to the settlement amounts dependent upon the characteristics of the holder of the warrant. In addition, the warrant agreement includes a provision that in the event of a tender offer or exchange offer made to and accepted by holders of more than 50% of the outstanding shares of a single class of stock, all holders of the Warrants would be entitled to receive cash for their Warrants (the “tender offer provision”).

 

On April 12, 2021, the Acting Director of the Division of Corporation Finance and Acting Chief Accountant of the Securities and Exchange Commission together issued a statement regarding the accounting and reporting considerations for warrants issued by special purpose acquisition companies entitled “Staff Statement on Accounting and Reporting Considerations for Warrants Issued by Special Purpose Acquisition Companies (“SPACs”)” (the “SEC Statement”). Specifically, the SEC Statement focused on certain settlement terms and provisions related to certain tender offers following a business combination, which terms are similar to those contained in the warrant agreement.

 

7

 

 

INTERPRIVATE IV INFRATECH PARTNERS INC.

NOTES TO CONDENSED FINANCIAL STATEMENTS

MARCH 31, 2021

(Unaudited)

 

In further consideration of the SEC Statement, the Company’s management further evaluated the Warrants under Accounting Standards Codification (“ASC”) Subtopic 815-40, Contracts in Entity’s Own Equity. ASC Section 815-40-15 addresses equity versus liability treatment and classification of equity-linked financial instruments, including warrants, and states that a warrant may be classified as a component of equity only if, among other things, the warrant is indexed to the issuer’s common stock. Under ASC Section 815-40-15, a warrant is not indexed to the issuer’s common stock if the terms of the warrant require an adjustment to the exercise price upon a specified event and that event is not an input to the fair value of the warrant. Based on management’s evaluation, the Company’s audit committee, in consultation with management, concluded that the Company’s Warrants are not indexed to the Company’s common stock in the manner contemplated by ASC Section 815-40-15 because the holder of the instrument is not an input into the pricing of a fixed-for-fixed option on equity shares. In addition, based on management’s evaluation, the Company’s audit committee, in consultation with management, concluded that the tender offer provision fails the “classified in stockholders’ equity” criteria as contemplated by ASC Section 815-40-25.

 

As a result of the above, the Company should have classified the Warrants as derivative liabilities in its previously issued financial statement as of March 9, 2021. Under this accounting treatment, the Company is required to measure the fair value of the Warrants at the end of each reporting period as well as re-evaluate the treatment of the warrants and recognize changes in the fair value from the prior period in the Company’s operating results for the current period. After review, the Company deemed the adjustment to be immaterial.

 

The Company’s accounting for the Warrants as components of equity instead of as derivative liabilities did not have any effect on the Company’s previously reported investments held in trust or cash.

 

   As         
   Previously       As 
   Reported   Adjustments   Revised 
Balance sheet as of March 9, 2021 (audited)            
Warrant Liability  $   $8,435,000   $8,435,000 
Class A Common Stock Subject to Possible Redemption   273,705,080    (8,435,000)   265,270,080 
Class A Common Stock   138    84    222 
Additional Paid-in Capital   5,000,145    261,071    5,261,216 
Accumulated Deficit   (1,000)   (261,155)   (262,155)

 

NOTE 3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

 

Basis of Presentation

 

The accompanying unaudited condensed financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and in accordance with the instructions to Form 10-Q and Article 8 of Regulation S-X of the SEC. Certain information or footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted, pursuant to the rules and regulations of the SEC for interim financial reporting. Accordingly, they do not include all the information and footnotes necessary for a complete presentation of financial position, results of operations, or cash flows. In the opinion of management, the accompanying unaudited condensed financial statements include all adjustments, consisting of a normal recurring nature, which are necessary for a fair presentation of the financial position, operating results and cash flows for the periods presented.

 

The accompanying unaudited condensed financial statements should be read in conjunction with the Company’s prospectus for its Initial Public Offering as filed with the SEC on March 12, 2021, as well as the Company’s Current Report on Form 8-K, as filed with the SEC on March 16, 2021. The interim results for the three months ended March 31, 2021 are not necessarily indicative of the results to be expected for the year ending December 31, 2021 or for any future periods.

 

Liquidity and Financial Condition

 

We will need to raise additional capital through loans or additional investments from our initial stockholders, officers or directors. If we are unable to raise additional capital, we may be required to take additional measures to conserve liquidity, which could include, but not necessarily be limited to, curtailing operations, suspending the pursuit of a potential transaction, and reducing overhead expenses. We cannot provide any assurance that new financing will be available to us on commercially acceptable terms, if at all. These conditions raise substantial doubt about our ability to continue as a going concern through one year and one day from the issuance of this report.

 

Offering Costs Associated with the Initial Public Offering

 

The Company complies with the requirements of the Accounting Standards Codification (the “ASC”) 340-10-S99-1 and SEC Staff Accounting Bulletin Topic 5A — “Expenses of Offering.” Offering costs consist principally of professional and registration fees incurred through the balance sheet date that are related to our Public Offering and were charged to stockholders’ equity upon the completion of our Public Offering.

 

8

 

 

INTERPRIVATE IV INFRATECH PARTNERS INC.

NOTES TO CONDENSED FINANCIAL STATEMENTS

MARCH 31, 2021

(Unaudited)

 

Emerging Growth Company

 

The Company is an “emerging growth company,” as defined in Section 2(a) of the Securities Act, as modified by the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”), and it may take advantage of certain exemptions from various reporting requirements that are applicable to other public companies that are not emerging growth companies including, but not limited to, not being required to comply with the independent registered public accounting firm attestation requirements of Section 404 of the Sarbanes-Oxley Act, reduced disclosure obligations regarding executive compensation in its periodic reports and proxy statements, and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and stockholder approval of any golden parachute payments not previously approved.

 

Further, Section 102(b)(1) of the JOBS Act exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that have not had a Securities Act registration statement declared effective or do not have a class of securities registered under the Exchange Act) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that a company can elect to opt out of the extended transition period and comply with the requirements that apply to non-emerging growth companies but any such election to opt out is irrevocable. The Company has elected not to opt out of such extended transition period which means that when a standard is issued or revised and it has different application dates for public or private companies, the Company, as an emerging growth company, can adopt the new or revised standard at the time private companies adopt the new or revised standard. This may make comparison of the Company’s financial statement with another public company which is neither an emerging growth company nor an emerging growth company which has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used.

 

Use of Estimates

 

The preparation of the condensed financial statements in conformity with GAAP requires the Company’s management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.

 

Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. Accordingly, the actual results could differ significantly from those estimates.

 

Cash and Cash Equivalents

 

The Company considers all short-term investments with an original maturity of three months or less when purchased to be cash equivalents. The Company did not have any cash equivalents as of March 31, 2021.

 

Marketable Securities Held in Trust Account

 

At March 31, 2021, substantially all of the assets held in the Trust Account were held in money market funds which are invested primarily in U.S. Treasury securities.

 

Warrant Liability

 

The Company accounts for warrants as either equity-classified or liability-classified instruments based on an assessment of the warrant’s specific terms and applicable authoritative guidance in Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 480, Distinguishing Liabilities from Equity (“ASC 480”) and ASC 815, Derivatives and Hedging (“ASC 815”). The assessment considers whether the warrants are freestanding financial instruments pursuant to ASC 480, meet the definition of a liability pursuant to ASC 480, and whether the warrants meet all of the requirements for equity classification under ASC 815, including whether the warrants are indexed to the Company’s own common shares and whether the warrant holders could potentially require “net cash settlement” in a circumstance outside of the Company’s control, among other conditions for equity classification. This assessment, which requires the use of professional judgment, is conducted at the time of warrant issuance and as of each subsequent quarterly period end date while the warrants are outstanding. As of March 31, 2021 and March 9, 2021, both the Public Warrants and Private Placement Warrants were accounted for as liabilities (see Note 10).

 

9

 

 

INTERPRIVATE IV INFRATECH PARTNERS INC.

NOTES TO CONDENSED FINANCIAL STATEMENTS

MARCH 31, 2021

(Unaudited)

 

For issued or modified warrants that meet all of the criteria for equity classification, the warrants are required to be recorded as a component of additional paid-in-capital at the time of issuance. For issued or modified warrants that do not meet all the criteria for equity classification, the warrants are required to be recorded at their initial fair value on the date of issuance, and each balance sheet date thereafter. The Company accounts for the Warrants issued in connection with its Initial Public Offering in accordance with the guidance contained in ASC 815-40-15-7D, under which the Warrants do not meet the criteria for equity treatment and must be recorded as liabilities. Accordingly, the Company classifies the Warrants as liabilities at their fair value and adjusts the Warrants to fair value at each reporting period. This liability is subject to re-measurement at each balance sheet date until exercised, and any change in fair value is recognized in the Company’s statement of operations. The fair value of the Warrants initially was estimated using a Binomial Lattice Model (see Note 10).

 

Class A Common Stock Subject to Possible Redemption

 

The Company accounts for its Class A common stock subject to possible redemption in accordance with the guidance in Accounting Standards Codification (“ASC”) Topic 480 “Distinguishing Liabilities from Equity.” Shares of Class A common stock subject to mandatory redemption is classified as a liability instrument and is measured at fair value. Conditionally redeemable common stock (including common stock that features redemption rights that is either within the control of the holder or subject to redemption upon the occurrence of uncertain events not solely within the Company’s control) is classified as temporary equity. At all other times, common stock is classified as stockholders’ equity. The Company’s Class A common stock features certain redemption rights that are considered to be outside of the Company’s control and subject to occurrence of uncertain future events. Accordingly, at March 31, 2021, Class A common stock subject to possible redemption is presented at redemption value as temporary equity, outside of the stockholders’ equity section of the Company’s balance sheet.

 

Income Taxes

 

The Company complies with the accounting and reporting requirements of ASC Topic 740, “Income Taxes,” which requires an asset and liability approach to financial accounting and reporting for income taxes. Deferred income tax assets and liabilities are computed for differences between the financial statement and tax bases of assets and liabilities that will result in future taxable or deductible amounts, based on enacted tax laws and rates applicable to the periods in which the differences are expected to affect taxable income. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized.

 

ASC Topic 740 prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more-likely-than-not to be sustained upon examination by taxing authorities. The Company recognizes accrued interest and penalties related to unrecognized tax benefits, if any, as income tax expense. There were no unrecognized tax benefits and no amounts accrued for interest and penalties as of March 31, 2021. The Company is currently not aware of any issues under review that could result in significant payments, accruals or material deviation from its position. The Company is subject to income tax examinations by major taxing authorities since inception. The effective tax rate differs from the statutory tax rate of 21% for the three months ended March 31, 2021, due to the valuation allowance recorded on the Company’s net operating losses.

 

Net Income (Loss) per Common Share

 

Net income (loss) per share is computed by dividing net income by the weighted-average number of shares of common stock outstanding during the period, excluding shares of common stock subject to forfeiture.

 

The Company’s statement of operations includes a presentation of income (loss) per share for common stock subject to possible redemption in a manner similar to the two-class method of income (loss) per share. Net income (loss) per common share, basic and diluted, for Class A common stock subject to possible redemption is calculated by dividing the proportionate share of income or loss on marketable securities held by the Trust Account, net of applicable franchise and income taxes, by the weighted average number of Class A common stock subject to possible redemption outstanding since original issuance.

 

10

 

 

INTERPRIVATE IV INFRATECH PARTNERS INC.

NOTES TO CONDENSED FINANCIAL STATEMENTS

MARCH 31, 2021

(Unaudited)

 

Net income (loss) per share, basic and diluted, for non-redeemable common stock is calculated by dividing the net income (loss), adjusted for income or loss on marketable securities attributable to Class A common stock subject to possible redemption, by the weighted average number of non-redeemable common stock outstanding for the period. The Company has not considered the effect of the 5,750,000 warrants sold in the Initial Public Offering and private placement to purchase an aggregate of 5,000,000 shares in the calculation of diluted income (loss) per share, since the inclusion of such warrants would be anti-dilutive.

 

Non-redeemable common stock includes Founder Shares and non-redeemable shares of common stock as these shares do not have any redemption features. Non-redeemable common stock participates in the income or loss on marketable securities based on non-redeemable shares’ proportionate interest.

 

The following table reflects the calculation of basic and diluted net income (loss) per common share (in dollars, except per share amounts):

 

  

Three Months

Ended

March 31,

2021

 
Class A common stock subject to possible redemption    
Numerator: Earnings attributable to Class A common stock subject to possible redemption    
Interest earned on marketable securities held in Trust Account  $4,610 
Unrealized gain on marketable securities held in Trust Account   4,418 
Less: interest available to be withdrawn for payment of taxes   (9,028)
Net income attributable  $ 
Denominator: Weighted Average Class A common stock subject to possible redemption     
Basic and diluted weighted average shares outstanding, Class A common stock subject to possible redemption   26,527,008 
Basic and diluted net income per share, Class A common stock subject to possible redemption  $ 
      
Non-Redeemable Common Stock     
Numerator: Net Loss minus Net Earnings     
Net loss  $(252,841)
Less: Net income allocable to Class A common stock subject to possible redemption    
Non-Redeemable Net Loss  $(252,841)
Denominator: Weighted Average Non-redeemable common stock     
Basic and diluted weighted average shares outstanding, Non-redeemable common stock   7,022,565 
Basic and diluted net loss per share, Non-redeemable common stock  $(0.04)

 

Concentration of Credit Risk

 

Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash accounts in a financial institution, which, at times may exceed the Federal Depository Insurance Coverage of $250,000. The Company has not experienced losses on these accounts.

 

11

 

 

INTERPRIVATE IV INFRATECH PARTNERS INC.

NOTES TO CONDENSED FINANCIAL STATEMENTS

MARCH 31, 2021

(Unaudited)

 

Fair Value of Financial Instruments

 

The fair value of the Company’s assets and liabilities, which qualify as financial instruments under ASC Topic 820, “Fair Value Measurement,” approximates the carrying amounts represented in the accompanying condensed balance sheets, primarily due to their short-term nature.

 

Recent Accounting Standards

 

Management does not believe that any recently issued, but not yet effective, accounting standards, if currently adopted, would have a material effect on the Company’s condensed financial statements.

 

NOTE 4. PUBLIC OFFERING

 

Pursuant to the Initial Public Offering, the Company sold 28,750,000 Units, which includes the full exercise by the underwriters of their over-allotment option in the amount of 3,750,000 Units, at a purchase price of $10.00 per Unit. Each Unit consists of one share of Class A common stock and one-fifth of one redeemable warrant (“Public Warrant”). Each Public Warrant entitles the holder to purchase one share of Class A common stock at an exercise price of $11.50 per whole share (see Note 9).

 

Transaction costs amounted to $16,318,918, consisting of $5,750,000 of underwriting fees, $10,062,500 of deferred underwriting fees and $506,418 of other offering costs. In addition, cash of $1,712,100 was held outside of the Trust Account and is available for the payment of offering costs and for working capital purposes.

 

NOTE 5. PRIVATE PLACEMENT

 

Simultaneously with the closing of the Initial Public Offering, the Sponsor purchased an aggregate of 5,000,000 Private Placement Warrants at a price of $1.50 per Private Placement Warrant, or $7,500,000 in the aggregate. Each Private Placement Warrant exercisable to purchase one share of Class A common stock at a price of $11.50 per share. The proceeds from the sale of the Private Placement Warrants were added to the net proceeds from the Initial Public Offering held in the Trust Account. If the Company does not complete a Business Combination within the Combination Period, the proceeds from the sale of the Private Placement Warrants will be used to fund the redemption of the Public Shares (subject to the requirements of applicable law) and the Private Placement Warrants will expire worthless.

 

NOTE 6. RELATED PARTY TRANSACTIONS

 

Founder Shares

 

On January 13, 2021, the Sponsor paid $25,000 to cover certain offering costs of the Company in consideration for 7,187,500 shares of Class B common stock (the “Founder Shares”). The Founder Shares included an aggregate of up to 937,500 shares subject to forfeiture by the Sponsor to the extent that the underwriter’s over-allotment was not exercised in full or in part, so that the Sponsor would collectively own, on an as-converted basis, 20% of the Company’s issued and outstanding shares after the Initial Public Offering (assuming the Sponsor did not purchase any Public Shares in the Initial Public Offering). As a result of the underwriters’ election to fully exercise their over-allotment, no Founder Shares are currently subject to forfeiture.

 

The Sponsor has agreed, subject to certain limited exceptions, not to transfer, assign or sell any of the Founder Shares until (i) with respect to 50% of such shares, for a period ending on the earlier of the one-year anniversary of the date of the consummation of the initial Business Combination and the date on which the closing price of the Company’s Class A common stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock capitalizations, reorganizations, recapitalizations and the like) for any 20 trading days within a 30-trading day period following the consummation of a Business Combination and (ii) with respect to the remaining 50% of such shares, for a period ending on the one-year anniversary of the date of the consummation of a Business Combination, or, in either case, earlier if, subsequent to a Business Combination, the Company consummates a liquidation, merger, stock exchange or other similar transaction which results in all of the stockholders having the right to exchange their shares of common stock for cash, securities or other property.

 

12

 

 

INTERPRIVATE IV INFRATECH PARTNERS INC.

NOTES TO CONDENSED FINANCIAL STATEMENTS

MARCH 31, 2021

(Unaudited)

 

Administrative Services Agreement

 

The Company entered into an agreement, commencing on March 4, 2021, pursuant to which the Company will pay the Sponsor a total of up to $10,000 per month for office space, administrative and support services. Upon completion of the Business Combination or the Company’s liquidation, the agreement will terminate and the Company will cease paying these monthly fees. For the three months ended March 31, 2021, the Company incurred and paid $10,000 in fees for these services.

 

Promissory Note — Related Party

 

On January 13, 2021, the Sponsor issued an unsecured promissory note to the Company (the “Promissory Note”), pursuant to which the Company could borrow up to an aggregate principal amount of $300,000. The Promissory Note was non-interest bearing and was payable on the earlier of (i) December 31, 2021 or (ii) the consummation of the Initial Public Offering. As of March 9, 2021, there was $166,493 outstanding under the Promissory Note, which was repaid on March 10, 2021.

 

Related Party Loans

 

In order to finance transaction costs in connection with a Business Combination, the Sponsor or an affiliate of the Sponsor or certain of the Company’s directors and officers may, but are not obligated to, loan the Company funds as may be required (“Working Capital Loans”). If the Company completes a Business Combination, the Company would repay the Working Capital Loans out of the proceeds of the Trust Account released to the Company. Otherwise, the Working Capital Loans would be repaid only out of funds held outside the Trust Account. In the event that a Business Combination does not close, the Company may use a portion of proceeds held outside the Trust Account to repay the Working Capital Loans, but no proceeds held in the Trust Account would be used to repay the Working Capital Loans. Except for the foregoing, the terms of such Working Capital Loans, if any, have not been determined and no written agreements exist with respect to such loans. The Working Capital Loans would either be repaid upon consummation of a Business Combination, without interest, or, at the lender’s discretion, up to $1,500,000 of such Working Capital Loans may be convertible into warrants of the post-Business Combination entity at a price of $1.50 per warrant. The warrants would be identical to the Private Placement Warrants.

 

NOTE 7. COMMITMENTS AND CONTINGENCIES

 

Registration Rights

 

Pursuant to a registration rights agreement entered into on March 4, 2021, the holders of the Founder Shares, Private Placement Warrants and any warrants that may be issued upon conversion of the Working Capital Loans (and any shares of Class A common stock issuable upon the exercise of the Private Placement Warrants and warrants that may be issued upon conversion of Working Capital Loans) have registration rights requiring the Company to register a sale of any of the securities held by them prior to the consummation of a Business Combination. The holders of these securities will be entitled to make up to three demands, excluding short form registration demands, that the Company register such securities. In addition, the holders have certain “piggy-back” registration rights with respect to registration statements filed subsequent to the completion of a Business Combination. The registration rights agreement does not contain liquidated damages or other cash settlement provisions resulting from delays in registering the Company’s securities. The Company will bear the expenses incurred in connection with the filing of any such registration statements.

 

13

 

 

INTERPRIVATE IV INFRATECH PARTNERS INC.

NOTES TO CONDENSED FINANCIAL STATEMENTS

MARCH 31, 2021

(Unaudited)

 

Underwriting Agreement

 

The underwriters are entitled to a deferred fee of $0.35 per Unit, or $10,062,500 in the aggregate. The deferred fee will become payable to the underwriters from the amounts held in the Trust Account solely in the event that the Company completes a Business Combination, subject to the terms of the underwriting agreement.

 

NOTE 8. STOCKHOLDERS’ EQUITY

 

Preferred Stock The Company is authorized to issue 1,000,000 shares of $0.0001 par value preferred stock. At March 31, 2021, there were no shares of preferred stock issued or outstanding.

 

Class A Common Stock — The Company is authorized to issue up to 380,000,000 shares of Class A, $0.0001 par value common stock. Holders of the Company’s common stock are entitled to one vote for each share. At March 31, 2021, there were 2,222,061 of Class A common stock issued and outstanding, excluding 26,527,939 shares of Class A common stock subject to possible redemption.

 

Class B Common Stock — The Company is authorized to issue up to 20,000,000 shares of Class B, $0.0001 par value common stock. Holders of the Company’s common stock are entitled to one vote for each share. At March 31, 2021, there were 7,187,500 shares of Class B common stock issued and outstanding.

 

Holders of Class A common stock and Class B common stock will vote together as a single class on all other matters submitted to a vote of stockholders, except as required by law.

 

The shares of Class B common stock will automatically convert into shares of Class A common stock concurrently with or immediately following the consummation of a Business Combination on a one-for-one basis, subject to adjustment. In the case that additional shares of Class A common stock or equity-linked securities are issued or deemed issued in connection with a Business Combination, the number of shares of Class A common stock issuable upon conversion of all shares of Class B common stock will equal, in the aggregate, on an as-converted basis, 20% of the total number of shares of Class A common stock outstanding after such conversion (after giving effect to any redemptions of shares of Class A common stock by public stockholders), including the total number of shares of Class A common stock issued, or deemed issued or issuable upon conversion or exercise of any equity-linked securities or rights issued or deemed issued, by the Company in connection with or in relation to the consummation of a Business Combination, excluding any shares of Class A common stock or equity-linked securities or rights exercisable for or convertible into shares of Class A common stock issued, or to be issued, to any seller in a Business Combination and any Private Placement Warrants issued to the Sponsor, officers or directors upon conversion of Working Capital Loans, provided that such conversion of shares of Class B common stock will never occur on a less than one-for-one basis.

 

NOTE 9. WARRANTS

 

Public Warrants may only be exercised for a whole number of shares. No fractional shares will be issued upon exercise of the Public Warrants. The Public Warrants will become exercisable 30 days after the consummation of a Business Combination. The Public Warrants will expire five years from the consummation of a Business Combination or earlier upon redemption or liquidation.

 

The Company will not be obligated to deliver any Class A common stock pursuant to the exercise of a warrant and will have no obligation to settle such warrant exercise unless a registration statement under the Securities Act with respect to the Class A common stock underlying the warrants is then effective and a prospectus relating thereto is current, subject to the Company satisfying its obligations with respect to registration. No warrant will be exercisable and the Company will not be obligated to issue a share of Class A common stock upon exercise of a warrant unless the share of Class A common stock issuable upon such warrant exercise has been registered, qualified or deemed to be exempt under the securities laws of the state of residence of the registered holder of the warrants.

 

14

 

 

INTERPRIVATE IV INFRATECH PARTNERS INC.

NOTES TO CONDENSED FINANCIAL STATEMENTS

MARCH 31, 2021

(Unaudited)

 

The Company has agreed that as soon as practicable, but in no event later than twenty (20) business days after the closing of a Business Combination, the Company will use its best efforts to file with the SEC a registration statement for the registration, under the Securities Act, of the Class A common stock issuable upon exercise of the warrants. The Company will use its best efforts to cause the same to become effective and to maintain the effectiveness of such registration statement, and a current prospectus relating thereto, until the expiration or redemption of the warrants in accordance with the provisions of the warrant agreement. If a registration statement covering the shares of Class A common stock issuable upon exercise of the warrants is not effective by the sixtieth (60th) business day after the closing of a Business Combination, warrant holders may, until such time as there is an effective registration statement and during any period when the Company will have failed to maintain an effective registration statement, exercise warrants on a “cashless basis” in accordance with Section 3(a)(9) of the Securities Act or another exemption. Notwithstanding the above, if the Class A common stock are at the time of any exercise of a warrant not listed on a national securities exchange such that they satisfy the definition of a “covered security” under Section 18(b)(1) of the Securities Act, the Company may, at its option, require holders of Public Warrants who exercise their warrants to do so on a “cashless basis” in accordance with Section 3(a)(9) of the Securities Act and, in the event the Company so elects, the Company will not be required to file or maintain in effect a registration statement, and in the event the Company does not so elect, the Company will use its best efforts to register or qualify the shares under applicable blue sky laws to the extent an exemption is not available.

 

Once the warrants become exercisable, the Company may redeem the outstanding warrants:

 

  in whole and not in part;

 

  at a price of $0.01 per warrant;

 

  upon a minimum of 30 days’ prior written notice of redemption to each warrant holder; and

 

  if, and only if, the closing price of the Class A common stock for any 20 trading days within a 30-trading day period ending three trading days before the Company sends the notice of redemption to the warrant holders equals or exceeds $18.00 per share (as adjusted).

 

If and when the warrants become redeemable by the Company, the Company may exercise its redemption right even if it is unable to register or qualify the underlying securities for sale under all applicable state securities laws.

 

The exercise price and number of Class A common stock issuable upon exercise of the Public Warrants may be adjusted in certain circumstances including in the event of a share dividend, extraordinary dividend or recapitalization, reorganization, merger or consolidation. However, except as described below, the Public Warrants will not be adjusted for issuances of Class A common stock at a price below its exercise price. Additionally, in no event will the Company be required to net cash settle the Public Warrants. If the Company is unable to complete a Business Combination within the Combination Period and the Company liquidates the funds held in the Trust Account, holders of Public Warrants will not receive any of such funds with respect to their Public Warrants, nor will they receive any distribution from the Company’s assets held outside of the Trust Account with respect to such Public Warrants. Accordingly, the Public Warrants may expire worthless.

 

In addition, if (x) the Company issues additional shares of Class A common stock or equity-linked securities for capital raising purposes in connection with the closing of its Business Combination at an issue price or effective issue price of less than $9.20 per share of Class A common stock (with such issue price or effective issue price to be determined in good faith by the Company’s board of directors and, in the case of any such issuance to the Sponsor or its affiliates, without taking into account any Founder Shares held by the Sponsor or such affiliates, as applicable, prior to such issuance) (the “Newly Issued Price”), (y) the aggregate gross proceeds from such issuances represent more than 60% of the total equity proceeds, and interest thereon, available for the funding of the Company’s initial Business Combination on the date of the consummation of such initial Business Combination (net of redemptions), and (z) the volume weighted average trading price of the Company’s common stock during the 20 trading day period starting on the trading day prior to the day on which the Company consummates its initial Business Combination (such price, the “Market Value”) is below $9.20 per share, the exercise price of the warrants will be adjusted (to the nearest cent) to be equal to 115% of the higher of the Market Value and the Newly Issued Price and the $18.00 per share redemption trigger price described above will be adjusted (to the nearest cent) to be equal to 80% of the higher of the Market Value and the Newly Issued Price.

 

15

 

 

INTERPRIVATE IV INFRATECH PARTNERS INC.

NOTES TO CONDENSED FINANCIAL STATEMENTS

MARCH 31, 2021

(Unaudited)

 

The Private Placement Warrants are identical to the Public Warrants underlying the Units sold in the Initial Public Offering, except that the Private Placement Warrants will and the common shares issuable upon the exercise of the Private Placement Warrants will not be transferable, assignable or salable until 30 days after the completion of a Business Combination, subject to certain limited exceptions. Additionally, the Private Placement Warrants will be exercisable on a cashless basis and will be non-redeemable so long as they are held by the initial purchasers or their permitted transferees. If the Private Placement Warrants are held by someone other than the initial purchasers or their permitted transferees, the Private Placement Warrants will be redeemable by the Company and exercisable by such holders on the same basis as the Public Warrants.

 

NOTE 10. FAIR VALUE MEASUREMENTS

 

The Company follows the guidance in ASC 820 for its financial assets and liabilities that are re-measured and reported at fair value at each reporting period, and non-financial assets and liabilities that are re-measured and reported at fair value at least annually.

 

The fair value of the Company’s financial assets and liabilities reflects management’s estimate of amounts that the Company would have received in connection with the sale of the assets or paid in connection with the transfer of the liabilities in an orderly transaction between market participants at the measurement date. In connection with measuring the fair value of its assets and liabilities, the Company seeks to maximize the use of observable inputs (market data obtained from independent sources) and to minimize the use of unobservable inputs (internal assumptions about how market participants would price assets and liabilities). The following fair value hierarchy is used to classify assets and liabilities based on the observable inputs and unobservable inputs used in order to value the assets and liabilities:

 

  Level 1: Quoted prices in active markets for identical assets or liabilities. An active market for an asset or liability is a market in which transactions for the asset or liability occur with sufficient frequency and volume to provide pricing information on an ongoing basis.
     
  Level 2: Observable inputs other than Level 1 inputs. Examples of Level 2 inputs include quoted prices in active markets for similar assets or liabilities and quoted prices for identical assets or liabilities in markets that are not active.
     
  Level 3: Unobservable inputs based on our assessment of the assumptions that market participants would use in pricing the asset or liability.

 

The following table presents information about the Company’s assets that are measured at fair value on a recurring basis at March 31, 2021, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:

 

Description   Level   March 31,
2021
 
Assets:            
Marketable securities held in Trust Account   1   $ 287,509,784  
Liabilities:            
Warrant Liability – Public Warrants   3     4,427,500  
Warrant Liability – Private Placement Warrants   3     3,900,000  

 

16

 

 

INTERPRIVATE IV INFRATECH PARTNERS INC.

NOTES TO CONDENSED FINANCIAL STATEMENTS

MARCH 31, 2021

(Unaudited)

 

The Private Placement and Public Warrants were initially valued using a Binomial Lattice Model, which is considered to be a Level 3 fair value measurement. The Binomial Lattice Model’s primary unobservable input utilized in determining the fair value of the Public and Private Placement Warrants is the expected volatility of the common stock. The expected volatility as of the IPO date was derived from observable public warrant pricing on comparable ‘blank-check’ companies without an identified target. The expected volatility as of subsequent valuation dates was implied from the Company’s own public warrant pricing. A Binomial Lattice Model was used in estimating the fair value of the Public Warrants for periods where no observable traded price were available, using the same expected volatility as was used in measuring the fair value of the Private Placement Warrants. For periods subsequent to the detachment of the warrants from the Units, the closing price of the Public Warrants was used as the fair value as of each relevant date.

 

The key inputs into the Binomial Lattice Model for the initial measurement of Public Warrants and Private Placement Warrants and subsequent measurement of the Private Place Warrants are as follows:

 

Term   March 9,
2021
    March 31,
2021
 
Risk-free interest rate     1.00 %     0.99 %
Market price of public stock   $ 9.84     $ 9.85  
Dividend Yield     0.00 %     0.00 %
Implied volatility     13.1 %     13.1 %
Exercise price     11.50     $ 11.50  
Probability of Business Combination     75 %     75 %
Term (years)     5       5  

 

On March 31, 2021, the Private Placement Warrants and Public Warrants were determined to be valued at $0.78 and $0.77 per warrant for aggregate values of $3.9 million and $4.4 million, respectively.

 

The following table presents the changes in the fair value of warrant liabilities:

 

   Private
Placement
   Public   Warrant
Liabilities
 
Fair value as of March 9, 2021  $3,950,000   $4,485,000   $8,435,000 
Change in valuation inputs or other assumptions   (50,000)   (57,500)   (107,500)
Fair value as of March 31, 2021  $3,900,000   $4,427,500   $8,327,500 

 

During the three-month period ended March 31, 2021 there were no transfers out of Level 3.

 

NOTE 11. SUBSEQUENT EVENTS

 

The Company evaluated subsequent events and transactions that occurred after the balance sheet date up to the date that the condensed financial statements were issued. The Company did not identify any subsequent events that would have required adjustment or disclosure in the condensed financial statements.

 

17

 

 

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

 

References in this report (the “Quarterly Report”) to “we,” “us” or the “Company” refer to InterPrivate IV InfraTech Partners Inc. References to our “management” or our “management team” refer to our officers and directors, and references to the “Sponsor” refer to InterPrivate Acquisition Management IV, LLC. The following discussion and analysis of the Company’s financial condition and results of operations should be read in conjunction with the financial statements and the notes thereto contained elsewhere in this Quarterly Report. Certain information contained in the discussion and analysis set forth below includes forward-looking statements that involve risks and uncertainties.

 

Special Note Regarding Forward-Looking Statements

 

This Quarterly Report includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Exchange Act that are not historical facts and involve risks and uncertainties that could cause actual results to differ materially from those expected and projected. All statements, other than statements of historical fact included in this Form 10-Q including, without limitation, statements in this “Management’s Discussion and Analysis of Financial Condition and Results of Operations” regarding the completion of the Proposed Business Combination (as defined below), the Company’s financial position, business strategy and the plans and objectives of management for future operations, are forward-looking statements. Words such as “expect,” “believe,” “anticipate,” “intend,” “estimate,” “seek” and variations and similar words and expressions are intended to identify such forward-looking statements. Such forward-looking statements relate to future events or future performance, but reflect management’s current beliefs, based on information currently available. A number of factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements, including that the conditions of the Proposed Business Combination are not satisfied. For information identifying important factors that could cause actual results to differ materially from those anticipated in the forward-looking statements, please refer to the Risk Factors section of the Company’s final prospectus for its Initial Public Offering filed with the U.S. Securities and Exchange Commission (the “SEC”). The Company’s securities filings can be accessed on the EDGAR section of the SEC’s website at www.sec.gov. Except as expressly required by applicable securities law, the Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

 

Overview

 

We are a blank check company formed under the laws of the State of Delaware on September 10, 2020 for the purpose of effectuating a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses. We intend to effectuate our Business Combination using cash from the proceeds of the Initial Public Offering and the sale of the Private Placement Warrants, our capital stock, debt or a combination of cash, stock and debt.

 

We expect to continue to incur significant costs in the pursuit of our acquisition plans. We cannot assure you that our plans to complete a Business Combination will be successful.

 

Results of Operations

 

We have neither engaged in any operations nor generated any revenues to date. Our only activities through March 31, 2021 were organizational activities, those necessary to prepare for the Initial Public Offering, described below, and identifying a target company for a Business Combination. We do not expect to generate any operating revenues until after the completion of our Business Combination. We generate non-operating income in the form of interest income on marketable securities held in the Trust Account. We incur expenses as a result of being a public company (for legal, financial reporting, accounting and auditing compliance), as well as for due diligence expenses.

 

For the three months ended March 31, 2021, we had a net loss of $252,841 which consists of operating costs of $108,970, warrant transaction costs of $261,155, and a change in fair value of $107,500, offset by interest income from bank of $4,996 and interest earned on marketable securities held in Trust Account of $4,788.

 

18

 

 

Liquidity and Capital Resources

 

On March 9, 2021, we consummated the Initial Public Offering of 28,750,000 Units, which includes the full exercise by the underwriters of their over-allotment option in the amount of 3,750,000 Units, at $10.00 per Unit, generating gross proceeds of $287,500,000. Simultaneously with the closing of the Initial Public Offering, we consummated the sale of 5,000,000 Private Placement Warrants at a price of $1.50 per Private Placement Warrant in a private placement to the Sponsor, generating gross proceeds of $7,500,000.

 

Following the Initial Public Offering, the full exercise of the over-allotment option, and the sale of the Private Placement Warrants, a total of $287,500,000 was placed in the Trust Account. We incurred $16,318,918 in Initial Public Offering related costs, including $5,750,000 of underwriting fees and $506,418 of other costs.

 

For the three months ended March 31, 2021, cash used in operating activities was $539,707. Net loss of $252,841 was affected by the change in fair value of warrant liabilities of $107,500, interest earned on marketable securities held in Trust Account of $4,996, an unrealized gain on marketable securities held in the Trust Account of $4,788 offset by offering costs allocable to warrant liabilities of $261,155. Changes in operating assets and liabilities used $430,737 of cash for operating activities.

 

As of March 31, 2021, we had marketable securities held in the Trust Account of $287,509,784 (including approximately $9,700 of interest income and unrealized gains consisting of U.S. Treasury Bills with a maturity of 185 days or less. Interest income on the balance in the Trust Account may be used by us to pay taxes. Through March 31, 2021, we have not withdrawn any interest earned from the Trust Account.

 

We intend to use substantially all of the funds held in the Trust Account, including any amounts representing interest earned on the Trust Account (less income taxes payable), to complete our Business Combination. To the extent that our capital stock or debt is used, in whole or in part, as consideration to complete our Business Combination, the remaining proceeds held in the Trust Account will be used as working capital to finance the operations of the target business or businesses, make other acquisitions and pursue our growth strategies.

 

As of March 31, 2021, we had cash of $728,875. We intend to use the funds held outside the Trust Account primarily to identify and evaluate target businesses, perform business due diligence on prospective target businesses, travel to and from the offices, plants or similar locations of prospective target businesses or their representatives or owners, review corporate documents and material agreements of prospective target businesses, and structure, negotiate and complete a Business Combination.

  

In order to fund working capital deficiencies or finance transaction costs in connection with a Business Combination, the Sponsor, or certain of our officers and directors or their affiliates may, but are not obligated to, loan us funds as may be required. If we complete a Business Combination, we would repay such loaned amounts. In the event that a Business Combination does not close, we may use a portion of the working capital held outside the Trust Account to repay such loaned amounts but no proceeds from our Trust Account would be used for such repayment. Up to $1,500,000 of such loans may be convertible into units at a price of $1.50 per unit, at the option of the lender. The units would be identical to the Private Placement Warrants.

 

We will need to raise additional capital through loans or additional investments from our initial stockholders, officers or directors. If we are unable to raise additional capital, we may be required to take additional measures to conserve liquidity, which could include, but not necessarily be limited to, curtailing operations, suspending the pursuit of a potential transaction, and reducing overhead expenses. We cannot provide any assurance that new financing will be available to us on commercially acceptable terms, if at all. These conditions raise substantial doubt about our ability to continue as a going concern through one year and one day from the issuance of this report.

 

Off-Balance Sheet Arrangements

 

We have no obligations, assets or liabilities, which would be considered off-balance sheet arrangements as of March 31, 2021. We do not participate in transactions that create relationships with unconsolidated entities or financial partnerships, often referred to as variable interest entities, which would have been established for the purpose of facilitating off-balance sheet arrangements. We have not entered into any off-balance sheet financing arrangements, established any special purpose entities, guaranteed any debt or commitments of other entities, or purchased any non-financial assets.

 

19

 

 

Contractual obligations

 

We do not have any long-term debt, capital lease obligations, operating lease obligations or long-term liabilities, other than an agreement to pay the Sponsor a monthly fee of $10,000 for office space, administrative and support services. We began incurring these fees on March 4, 2021 and will continue to incur these fees monthly until the earlier of the completion of the Business Combination and our liquidation.

 

The underwriters are entitled to a deferred fee of $0.35 per unit, or $10,062,500 in the aggregate. The deferred fee will become payable to the underwriters from the amounts held in the Trust Account solely in the event that we complete a Business Combination, subject to the terms of the underwriting agreement.

 

Critical Accounting Policies

 

The preparation of condensed financial statements and related disclosures in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and income and expenses during the periods reported. Actual results could materially differ from those estimates. We have identified the following critical accounting policies:

 

Warrant Liability

 

We account for the Warrants issued in connection with our Initial Public Offering in accordance with the guidance contained in ASC 815-40-15-7D under which the Warrants do not meet the criteria for equity treatment and must be recorded as liabilities. Accordingly, we classify the Warrants as liabilities at their fair value and adjust the Warrants to fair value at each reporting period. This liability is subject to re-measurement at each balance sheet date until exercised, and any change in fair value is recognized in our statement of operations. The fair value of the Warrants was estimated using a Binomial Lattice Model.

 

Common Stock Subject to Possible Redemption

 

We account for our common stock subject to possible conversion in accordance with the guidance in Accounting Standards Codification (“ASC”) Topic 480 “Distinguishing Liabilities from Equity.” Common stock subject to mandatory redemption is classified as a liability instrument and measured at fair value. Conditionally redeemable common stock (including common stock that features redemption rights that are either within the control of the holder or subject to redemption upon the occurrence of uncertain events not solely within our control) is classified as temporary equity. At all other times, common stock is classified as stockholders’ equity. Our common stock features certain redemption rights that are considered to be outside of our control and subject to occurrence of uncertain future events. Accordingly, common stock subject to possible redemption is presented at redemption value as temporary equity, outside of the stockholders’ equity section of our condensed balance sheets.

 

Net Loss Per Common Share

 

We apply the two-class method in calculating earnings per share. Net income (loss) per common share, basic and diluted for Class A common stock subject to possible redemption is calculated by dividing the interest income earned on the Trust Account, net of applicable taxes, if any, by the weighted average number of shares of Class A common stock subject to possible redemption outstanding for the period. Net income (loss) per common share, basic and diluted for and non-redeemable common stock is calculated by dividing net loss less income attributable to Class A common stock subject to possible redemption, by the weighted average number of shares of non-redeemable common stock outstanding for the period presented.

 

Recent Accounting Standards

 

Management does not believe that any recently issued, but not yet effective, accounting standards, if currently adopted, would have a material effect on our condensed financial statements.

 

20

 

 

Item 3. Quantitative and Qualitative Disclosures About Market Risk

 

Not required for smaller reporting companies.

 

Item 4. Controls and Procedures

 

Disclosure controls and procedures are controls and other procedures that are designed to ensure that information required to be disclosed in our reports filed or submitted under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), is recorded, processed, summarized and reported within the time periods specified in the SEC’s rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed in company reports filed or submitted under the Exchange Act is accumulated and communicated to management, including our Chief Executive Officer (who serves as our Principal Executive Officer) and Chief Financial Officer (who serves as our Principal Financial and Accounting Officer), as appropriate, to allow timely decisions regarding required disclosure.

 

Evaluation of Disclosure Controls and Procedures

 

As required by Rules 13a-15 and 15d-15 under the Exchange Act, our Chief Executive Officer and Chief Financial Officer carried out an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures as of March 31, 2021. Based upon their evaluation, our Chief Executive Officer and Chief Financial Officer concluded that our disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act) were not effective as of March 31, 2021, due solely to the material weakness in our internal control over financial reporting regarding the classification of the Company’s Warrants as components of equity instead of as derivative liabilities. In the SEC Staff Statement, the SEC Staff expressed its view that certain terms and conditions common to SPAC warrants may require the warrants to be classified as liabilities on the SPAC’s balance sheet as opposed to equity. Since issuance, our Warrants were accounted for as equity within our balance sheets, and after discussion and evaluation, including with our independent auditors, we have concluded that our Warrants should be presented as liabilities with subsequent fair value remeasurement. In light of this material weakness, we performed additional analysis as deemed necessary to ensure that our financial statements were prepared in accordance with GAAP. Accordingly, management believes that the financial statements included in this Quarterly Report on Form 10-Q present fairly in all material respects our financial position, results of operations and cash flows for the period presented.

 

We do not expect that our disclosure controls and procedures will prevent all errors and all instances of fraud. Disclosure controls and procedures, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance that the objectives of the disclosure controls and procedures are met. Further, the design of disclosure controls and procedures must reflect the fact that there are resource constraints, and the benefits must be considered relative to their costs. Because of the inherent limitations in all disclosure controls and procedures, no evaluation of disclosure controls and procedures can provide absolute assurance that we have detected all our control deficiencies and instances of fraud, if any. The design of disclosure controls and procedures also is based partly on certain assumptions about the likelihood of future events, and there can be no assurance that any design will succeed in achieving its stated goals under all potential future conditions.

 

Changes in Internal Control over Financial Reporting

 

During the most recently completed fiscal quarter, there has been no change in our internal control over financial reporting that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting, as the circumstances that led to the restatement of our financial statements described in this Quarterly Report on Form 10-Q had not yet been identified. Management has implemented remediation steps to address the material weakness and to improve our internal control over financial reporting. Specifically, we expanded and improved our review process for complex securities and related accounting standards. We plan to further improve this process by enhancing access to accounting literature, identification of third-party professionals with whom to consult regarding complex accounting applications and consideration of additional staff with the requisite experience and training to supplement existing accounting professionals.

 

21

 

 

PART II - OTHER INFORMATION

 

Item 1. Legal Proceedings

 

None

 

Item 1A. Risk Factors

 

Factors that could cause our actual results to differ materially from those in this Quarterly Report are any of the risks described in our prospectus dated March 4, 2021 filed with the SEC on March 9, 2021. Any of these factors could result in a significant or material adverse effect on our results of operations or financial condition. Additional risk factors not presently known to us or that we currently deem immaterial may also impair our business or results of operations.

 

Except as set forth below, as of the date of this Quarterly Report on Form 10-Q, there have been no material changes to the risk factors disclosed in our prospectus dated March 4, 2021 filed with the SEC on March 9, 2021. However, we may disclose changes to such factors or disclose additional factors from time to time in our future filings with the SEC.

 

Our warrants are accounted for as liabilities and the changes in value of our warrants could have a material effect on our financial results.

 

On April 12, 2021, the Acting Director of the Division of Corporation Finance and Acting Chief Accountant of the SEC together issued a statement regarding the accounting and reporting considerations for warrants issued by special purpose acquisition companies entitled “Staff Statement on Accounting and Reporting Considerations for Warrants Issued by Special Purpose Acquisition Companies (“SPACs”)” (the “SEC Statement”). Specifically, the SEC Statement focused on certain settlement terms and provisions related to certain tender offers following a business combination, which terms are similar to those contained in the warrant agreement governing our warrants. As a result of the SEC Statement, we reevaluated the accounting treatment of our 5,750,000 public warrants and 5,000,000 private placement warrants, and determined to classify the warrants as derivative liabilities measured at fair value, with changes in fair value each period reported in earnings.

 

As a result, included on our balance sheet as of March 31, 2021 contained elsewhere in this Quarterly Report are derivative liabilities related to our warrants. Accounting Standards Codification 815, Derivatives and Hedging (“ASC 815”), provides for the remeasurement of the fair value of such derivatives at each balance sheet date, with a resulting non-cash gain or loss related to the change in the fair value being recognized in earnings in the statement of operations. As a result of the recurring fair value measurement, our financial statements and results of operations may fluctuate quarterly, based on factors, which are outside of our control. Due to the recurring fair value measurement, we expect that we will recognize non-cash gains or losses on our warrants each reporting period and that the amount of such gains or losses could be material. The impact of changes in fair value on earnings may have an adverse effect on the market price of our ordinary shares. In addition, potential targets may seek a special purpose acquisition company that does not have warrants that are accounted for as liability, which may make it more difficult for us to consummate an initial business combination with a target business.

 

We have identified a material weakness in our internal control over financial reporting as of March 31, 2021. If we are unable to develop and maintain an effective system of internal control over financial reporting, we may not be able to accurately report our financial results in a timely manner, which may adversely affect investor confidence in us and materially and adversely affect our business and operating results.

 

Following this issuance of the SEC Statement, after consultation with our independent registered public accounting firm, our management concluded that, in light of the SEC Statement, we identified a material weakness in our internal controls over financial reporting. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting such that there is a reasonable possibility that a material misstatement of our annual or interim financial statements will not be prevented, or detected and corrected on a timely basis.

 

Effective internal controls are necessary for us to provide reliable financial reports and prevent fraud. We continue to evaluate steps to remediate the material weakness. These remediation measures may be time consuming and costly and there is no assurance that these initiatives will ultimately have the intended effects.

 

22

 

 

If we identify any new material weaknesses in the future, any such newly identified material weakness could limit our ability to prevent or detect a misstatement of our accounts or disclosures that could result in a material misstatement of our annual or interim financial statements. In such case, we may be unable to maintain compliance with securities law requirements regarding timely filing of periodic reports in addition to applicable stock exchange listing requirements, investors may lose confidence in our financial reporting and our stock price may decline as a result. We cannot assure you that the measures we have taken to date, or any measures we may take in the future, will be sufficient to avoid potential future material weaknesses.

 

We may face litigation and other risks as a result of the material weakness in our internal control over financial reporting.

 

As a result of such material weakness, the change in accounting for the Warrants, and other matters raised or that may in the future be raised by the SEC, we face potential for litigation or other disputes which may include, among others, claims invoking the federal and state securities laws, contractual claims or other claims arising from the material weaknesses in our internal control over financial reporting and the preparation of our financial statements. As of the date of this Form 10-Q, we have no knowledge of any such litigation or dispute. However, we can provide no assurance that such litigation or dispute will not arise in the future. Any such litigation or dispute, whether successful or not, could have a material adverse effect on our business, results of operations and financial condition or our ability to complete a Business Combination.

 

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.

 

On March 9, 2021, we consummated the Initial Public Offering of 28,750,000 Units, which includes the full exercise by the underwriters of their over-allotment option, in the amount of 3,750,000 Units. The Units were sold at an offering price of $10.00 per unit, generating total gross proceeds of $287,500,000. Morgan Stanley and Wells Fargo Securities acted as joint book-running manager and EarlyBirdCapital, Inc. acted as co-manager, of the Initial Public Offering. The securities in the offering were registered under the Securities Act on registration statement on Form S-1 (No. 333-253191). The Securities and Exchange Commission declared the registration statements effective on March 4, 2020.

 

Simultaneous with the consummation of the Initial Public Offering, the Sponsor consummated the private placement of an aggregate of 5,000,000 warrants at a price of $1.50 per Private Placement Warrant, generating total proceeds of $7,500,000. Each Private Placement Warrant consists of one share of common stock (“Private Share”). Each whole Private Placement Warrant is exercisable to purchase one share of common stock at an exercise price of $11.50 per share. The issuance was made pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act.

 

The Private Placement Warrants are identical to the warrants underlying the Units sold in the Initial Public Offering, except that the Private Placement Warrants are not transferable, assignable or salable until after the completion of a Business Combination, subject to certain limited exceptions.

 

Of the gross proceeds received from the Initial Public Offering, the exercise of the over-allotment option and the Private Placement Warrants, an aggregate of $287,500,000 was placed in the Trust Account.

 

We paid a total of $5,750,000 in underwriting discounts and commissions and $506,418 for other costs and expenses related to the Initial Public Offering.

 

For a description of the use of the proceeds generated in our Initial Public Offering, see Part I, Item 2 of this Form 10-Q.

 

Item 3. Defaults Upon Senior Securities

 

None

 

Item 4. Mine Safety Disclosures

 

None

 

Item 5. Other Information

 

None

 

23

 

 

Item 6. Exhibits

 

The following exhibits are filed as part of, or incorporated by reference into, this Quarterly Report on Form 10-Q.

 

No.   Description of Exhibit
1.1   Underwriting Agreement, dated March 4, 2021, by and among the Company and Morgan Stanley & Co. LLC and Wells Fargo Securities, LLC, as representative of the several underwriters (Incorporated by reference to the corresponding exhibit to the Company’s Current Report on Form 8-K (File No. 001-40153), filed with the SEC on March 9, 2021).
3.1   Amended and Restated Certificate of Incorporation (Incorporated by reference to the corresponding exhibit to the Company’s Current Report on Form 8-K (File No. 001-40153), filed with the SEC on March 9, 2021).
4.1   Warrant Agreement, dated March 4, 2021, by and between the Company and Continental Stock Transfer & Trust Company, as warrant agent (Incorporated by reference to the corresponding exhibit to the Company’s Current Report on Form 8-K (File No. 001-40153), filed with the SEC on March 9, 2021).
10.1   Letter Agreement, dated March 4, 2021, by and among the Company, its officers, its directors and InterPrivate Acquisition Management IV LLC (Incorporated by reference to the corresponding exhibit to the Company’s Current Report on Form 8-K (File No. 001-40153), filed with the SEC on March 9, 2021).
10.2   Investment Management Trust Agreement, dated March 4, 2021, by and between the Company and Continental Stock Transfer & Trust Company, as trustee (Incorporated by reference to the corresponding exhibit to the Company’s Current Report on Form 8-K (File No. 001-40153), filed with the SEC on March 9, 2021).
10.3   Registration Rights Agreement, dated March 4, 2021, by and among the Company, InterPrivate Acquisition Management IV LLC and the other holders party thereto (Incorporated by reference to the corresponding exhibit to the Company’s Current Report on Form 8-K (File No. 001-40153), filed with the SEC on March 9, 2021).
10.4   Sponsor Private Placement Warrants Purchase Agreement, dated March 4, 2021, by and between the Company and InterPrivate Acquisition Management IV LLC (Incorporated by reference to the corresponding exhibit to the Company’s Current Report on Form 8-K (File No. 001-40153), filed with the SEC on March 9, 2021).
10.5   Administrative Services Agreement, dated March 4, 2021, by and between the Company and InterPrivate Acquisition Management IV LLC (Incorporated by reference to the corresponding exhibit to the Company’s Current Report on Form 8-K (File No. 001-40153), filed with the SEC on March 9, 2021).
31.1*   Certification of Principal Executive, Financial and Accounting Officer Pursuant to Securities Exchange Act Rules 13a-14(a), as adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
32.1*   Certification of Principal Executive, Financial and Accounting Officer Pursuant to 18 U.S.C. Section 1350, as adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
101.INS*   XBRL Instance Document
101.SCH*   XBRL Taxonomy Extension Schema Document
101.CAL*   XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF*   XBRL Taxonomy Extension Definition Linkbase Document
101.LAB*   XBRL Taxonomy Extension Labels Linkbase Document
101.PRE*   XBRL Taxonomy Extension Presentation Linkbase Document

 

 

*Filed herewith.

 

24

 

 

SIGNATURES

 

In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  INTERPRIVATE IV INFRATECH PARTNERS INC.
     
Date: July 23, 2021 By: /s/ Kevin Timmons
  Name: Kevin Timmons
  Title: Chief Executive Officer
    (Principal Executive, Financial and Accounting Officer)

 

 

25

EX-31.1 2 f10q0321ex31-1_interprivate4.htm CERTIFICATION

EXHIBIT 31.1

 

CERTIFICATION OF CHIEF EXECUTIVE OFFICER

PURSUANT TO RULE 13A-14(A) UNDER THE SECURITIES EXCHANGE ACT OF 1934,

AS ADOPTED PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

 

I, Kevin Timmons, certify that:

 

1. I have reviewed this quarterly report on Form 10-Q of InterPrivate IV InfraTech Partners Inc.;

 

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

 

4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the registrant and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

 

  a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under my supervision, to ensure that material information relating to the registrant, is made known to us by others within those entities, particularly during the period in which this report is being prepared; and

 

  b) (Paragraph omitted pursuant to Exchange Act Rules 13a-14(a) and 15d-15(a);

 

  c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report my conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

 

  d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

 

5. The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

 

  a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

 

  b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

Date: July 23, 2021

 

  /s/ Kevin Timmons
  Kevin Timmons
  Chief Executive Officer
  (Principal Executive, Financial and Accounting Officer)
EX-32.1 3 f10q0321ex32-1_interprivate4.htm CERTIFICATION

EXHIBIT 32.1

 

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350

AS ADOPTED PURSUANT TO

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

 

In connection with the Quarterly Report of InterPrivate IV InfraTech Partners Inc. (the “Company”) on Form 10-Q for the quarterly period ended March 31, 2021, as filed with the Securities and Exchange Commission (the “Report”), I, Kevin Timmons, Chief Executive Officer of the Company, certify, pursuant to 18 U.S.C. §1350, as adopted pursuant to §906 of the Sarbanes-Oxley Act of 2002, that, to the best of my knowledge:

 

  1. The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

 

  2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

 

Dated: July 23, 2021

 

  /s/ Kevin Timmons
  Kevin Timmons
  Chief Executive Officer
  (Principal Executive, Financial and Accounting Officer)
EX-101.INS 4 ipvi-20210331.xml XBRL INSTANCE FILE 0001839611 2021-01-01 2021-03-31 0001839611 us-gaap:CommonClassAMember 2021-07-23 0001839611 us-gaap:CommonClassBMember 2021-07-23 0001839611 2021-03-31 0001839611 us-gaap:CommonClassAMember 2021-03-31 0001839611 us-gaap:CommonClassBMember 2021-03-31 0001839611 us-gaap:CommonClassAMember us-gaap:CommonStockMember 2020-12-31 0001839611 us-gaap:CommonClassBMember us-gaap:CommonStockMember 2020-12-31 0001839611 us-gaap:AdditionalPaidInCapitalMember 2020-12-31 0001839611 us-gaap:RetainedEarningsMember 2020-12-31 0001839611 2020-12-31 0001839611 us-gaap:CommonClassAMember us-gaap:CommonStockMember 2021-01-01 2021-03-31 0001839611 us-gaap:CommonClassBMember us-gaap:CommonStockMember 2021-01-01 2021-03-31 0001839611 us-gaap:AdditionalPaidInCapitalMember 2021-01-01 2021-03-31 0001839611 us-gaap:RetainedEarningsMember 2021-01-01 2021-03-31 0001839611 us-gaap:CommonClassAMember us-gaap:CommonStockMember 2021-03-31 0001839611 us-gaap:CommonClassBMember us-gaap:CommonStockMember 2021-03-31 0001839611 us-gaap:AdditionalPaidInCapitalMember 2021-03-31 0001839611 us-gaap:RetainedEarningsMember 2021-03-31 0001839611 us-gaap:OverAllotmentOptionMember 2021-03-01 2021-03-09 0001839611 us-gaap:IPOMember 2021-03-01 2021-03-09 0001839611 us-gaap:IPOMember 2021-03-09 0001839611 us-gaap:PrivatePlacementMember 2021-03-01 2021-03-09 0001839611 us-gaap:PrivatePlacementMember 2021-01-01 2021-03-31 0001839611 ipvi:SponsorMember ipvi:InterPrivateAcquisitionManagementIVLLCMember 2021-01-01 2021-03-31 0001839611 2021-03-01 2021-03-09 0001839611 ipvi:BusinessCombinationMember 2021-03-31 0001839611 us-gaap:IPOMember 2021-01-01 2021-03-31 0001839611 srt:ScenarioPreviouslyReportedMember 2021-12-31 0001839611 srt:RestatementAdjustmentMember 2021-12-31 0001839611 ipvi:RevisedMember 2021-12-31 0001839611 srt:ScenarioPreviouslyReportedMember 2021-01-01 2021-12-31 0001839611 srt:RestatementAdjustmentMember 2021-01-01 2021-12-31 0001839611 ipvi:RevisedMember 2021-01-01 2021-12-31 0001839611 us-gaap:OverAllotmentOptionMember 2021-01-01 2021-03-31 0001839611 us-gaap:PrivatePlacementMember 2021-03-31 0001839611 us-gaap:CommonClassAMember 2021-01-01 2021-03-31 0001839611 ipvi:FounderSharesMember 2021-01-01 2021-01-13 0001839611 ipvi:FounderSharesMember 2021-01-13 0001839611 2021-01-01 2021-03-04 0001839611 2021-01-13 0001839611 2021-03-09 0001839611 ipvi:BusinessCombinationMember us-gaap:WarrantMember 2021-03-31 0001839611 ipvi:BusinessCombinationMember us-gaap:CommonClassAMember 2021-03-31 0001839611 ipvi:PublicWarrantsMember 2021-01-01 2021-03-31 0001839611 us-gaap:FairValueInputsLevel1Member 2021-03-31 0001839611 us-gaap:FairValueInputsLevel3Member 2021-03-31 0001839611 2020-03-10 2021-03-09 0001839611 2020-04-01 2021-03-31 0001839611 us-gaap:PrivatePlacementMember 2020-12-31 0001839611 ipvi:PublicWarrantsMember 2020-12-31 0001839611 ipvi:WarrantsMember 2020-12-31 0001839611 ipvi:WarrantsMember 2021-01-01 2021-03-31 0001839611 ipvi:PublicWarrantsMember 2021-03-31 0001839611 ipvi:WarrantsMember 2021-03-31 xbrli:shares iso4217:USD iso4217:USD xbrli:shares xbrli:pure false --12-31 Q1 2021 2021-03-31 10-Q 0001839611 Yes true false 001-40153 Non-accelerated Filer DE Yes InterPrivate IV InfraTech Partners Inc. true true 28750000 7187500 728875 498337 1227212 287509784 288736996 67600 67600 8327500 10062500 18457600 265279390 26527939 0.0001 1000000 222 0.0001 380000000 2222061 2222061 719 0.0001 20000000 7187500 7187500 5251906 -252841 5000006 288736996 108970 -108970 107500 -261155 4996 4788 -143871 -252841 -252841 26527008 7022565 -0.04 7187500 719 24281 25000 28750000 2875 266954362 266957237 28750000 3550000 3550000 5000000 -26527008 -2653 -265267427 -265270080 -931 -9310 -9310 -252841 -252841 2222061 222 7187500 719 5251906 -252841 261155 4788 498337 67600 -539707 287500000 -287500000 281750000 7500000 166493 166493 481418 288768582 728875 25000 265270808 9310 10062500 <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>NOTE 1. DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS</b></font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">InterPrivate IV InfraTech Partners Inc. (the &#x201c;Company&#x201d;) is a blank check company incorporated in Delaware on September 10, 2020. It was originally incorporated under the name &#x201c;InterPrivate III Technology Partners Corp.&#x201d;, but the Company changed its name to &#x201c;InterPrivate IV InfraTech Partners Inc.&#x201d; on January 6, 2021. The Company was formed for the purpose of effectuating a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses (the &#x201c;Business Combination&#x201d;).</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company is not limited to a particular industry or sector for purposes of consummating a Business Combination. The Company is an early stage and emerging growth company and, as such, the Company is subject to all of the risks associated with early stage and emerging growth companies.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">As of March 31, 2021, the Company had not commenced any operations. All activity through March 31, 2021 relates to the Company&#x2019;s formation, the initial public offering (&#x201c;Initial Public Offering&#x201d;), and subsequent to the Initial Public Offering, identifying a target company for a Business Combination. The Company will not generate any operating revenues until after the completion of its initial Business Combination, at the earliest. The Company will generate non-operating income on cash and cash equivalents in the form of interest income from the proceeds derived from the Initial Public Offering. The Company has selected December&#xa0;31 as its fiscal year end.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">The registration statement for the Company&#x2019;s Initial Public Offering was declared effective on March 4, 2021. On March 9, 2021, the Company consummated the Initial Public Offering of 28,750,000 units (the &#x201c;Units&#x201d; and, with respect to the shares of Class&#xa0;A common stock included in the Units sold, the &#x201c;Public Shares&#x201d;), which includes the full exercise by the underwriters of their over-allotment option in the amount of 3,750,000 Units, at $10.00 per Unit, generating gross proceeds of $287,500,000, which is described in Note 4.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Simultaneously with the closing of the Initial Public Offering, the Company consummated the sale of 5,000,000 warrants (each, a &#x201c;Private Placement Warrant&#x201d; and, collectively, the &#x201c;Private Placement Warrants&#x201d;) at a price of $1.50 per Private Placement Warrant in a private placement to InterPrivate Acquisition Management IV, LLC (the &#x201c;Sponsor&#x201d;), generating gross proceeds of $7,500,000, which is described in Note 5.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Transaction costs amounted to $16,318,918, consisting of $5,750,000 of underwriting fees, $10,062,500 of deferred underwriting fees and $506,418 of other offering costs.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Following the closing of the Initial Public Offering on March 9, 2021, an amount of $287,500,000 ($10.00 per Unit) from the net proceeds of the sale of the Units in the Initial Public Offering and the sale of the Private Placement Warrants was placed in a trust account (the &#x201c;Trust Account&#x201d;), and will be invested in U.S. government securities, within the meaning set forth in Section&#xa0;2(a)(16) of the Investment Company Act of 1940, as amended (the &#x201c;Investment Company Act&#x201d;), with a maturity of 185&#xa0;days or less, or in any open-ended investment company that holds itself out as a money market fund meeting the conditions of Rule&#xa0;2a-7 of the Investment Company Act, as determined by the Company, until the earlier of: (i)&#xa0;the consummation of a Business Combination or (ii)&#xa0;the distribution of the funds in the Trust Account to the Company&#x2019;s stockholders, as described below.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company&#x2019;s management has broad discretion with respect to the specific application of the net proceeds of the Initial Public Offering and the sale of the Private Placement Warrants, although substantially all of the net proceeds are intended to be applied generally toward consummating a Business Combination. NYSE rules provide that the Business Combination must be with one or more target businesses that together have a fair market value equal to at least 80% of the balance in the Trust Account (less any deferred underwriting commissions and taxes payable on interest earned on the Trust Account) at the time of the signing a definitive agreement to enter a Business Combination. The Company will only complete a Business Combination if the post-Business Combination company owns or acquires 50% or more of the outstanding voting securities of the target or otherwise acquires a controlling interest in the target sufficient for it not to be required to register as an investment company under the Investment Company Act. There is no assurance that the Company will be able to successfully effect a Business Combination.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company will provide its holders of the outstanding Public Shares (the &#x201c;public stockholders&#x201d;) with the opportunity to redeem all or a portion of their Public Shares upon the completion of a Business Combination either (i)&#xa0;in connection with a stockholder meeting called to approve the Business Combination or (ii)&#xa0;by means of a tender offer. The decision as to whether the Company will seek stockholder approval of a Business Combination or conduct a tender offer will be made by the Company, solely in its discretion. The public stockholders will be entitled to redeem their Public Shares for a pro rata portion of the amount then in the Trust Account (initially anticipated to be $10.00 per Public Share, plus any pro rata interest earned on the funds held in the Trust Account and not previously released to the Company to pay its tax obligations). There will be no redemption rights upon the completion of a Business Combination with respect to the Company&#x2019;s warrants.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">The Company will proceed with a Business Combination only if the Company has net tangible assets of at least $5,000,001 either prior to or upon such consummation of a Business Combination and, if the Company seeks stockholder approval, a majority of the shares voted are voted in favor of the Business Combination. If a stockholder vote is not required by law and the Company does not decide to hold a stockholder vote for business or other reasons, the Company will, pursuant to its Amended and Restated Certificate of Incorporation (the &#x201c;Amended and Restated Certificate of Incorporation&#x201d;), conduct the redemptions pursuant to the tender offer rules of the U.S. Securities and Exchange Commission (&#x201c;SEC&#x201d;) and file tender offer documents with the SEC prior to completing a Business Combination. If, however, stockholder approval of the transaction is required by law, or the Company decides to obtain stockholder approval for business or other reasons, the Company will offer to redeem shares in conjunction with a proxy solicitation pursuant to the proxy rules and not pursuant to the tender offer rules. If the Company seeks stockholder approval in connection with a Business Combination, the Sponsor has agreed to vote its Founder Shares (as defined in Note 6) and any Public Shares purchased during or after the Initial Public Offering in favor of approving a Business Combination and not to convert any shares in connection with a stockholder vote to approve a Business Combination or sell any shares to the Company in a tender offer in connection with a Business Combination. Additionally, each public stockholder may elect to redeem their Public Shares irrespective of whether they vote for or against the proposed transaction or do not vote at all.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Notwithstanding the above, if the Company seeks stockholder approval of a Business Combination and it does not conduct redemptions pursuant to the tender offer rules, the Amended and Restated Certificate of Incorporation provides that a public stockholder, together with any affiliate of such stockholder or any other person with whom such stockholder is acting in concert or as a &#x201c;group&#x201d; (as defined under Section&#xa0;13 of the Securities Exchange Act of 1934, as amended (the &#x201c;Exchange Act&#x201d;)), will be restricted from redeeming its shares with respect to more than an aggregate of 15% or more of the Public Shares, without the prior consent of the Company.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Sponsor has agreed (a)&#xa0;to waive its redemption rights with respect to their Founder Shares and Public Shares held by it in connection with the completion of a Business Combination and (b)&#xa0;not to propose an amendment to the Amended and Restated Certificate of Incorporation (i)&#xa0;to modify the substance or timing of the Company&#x2019;s obligation to allow redemption in connection with the Company&#x2019;s initial Business Combination or to redeem 100% of its Public Shares if the Company does not complete a Business Combination or (ii)&#xa0;with respect to any other provision relating to stockholders&#x2019; rights or pre-initial business combination activity, unless the Company provides the public stockholders with the opportunity to redeem their Public Shares in conjunction with any such amendment.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company will have until March 9, 2023 or any extended period of time that the Company may have to consummate a Business Combination as a result of an amendment to the Company&#x2019;s Amended and Restated Certificate of Incorporation to complete a Business Combination (the &#x201c;Combination Period&#x201d;). If the Company is unable to complete a Business Combination within the Combination Period, the Company will (i)&#xa0;cease all operations except for the purpose of winding up, (ii)&#xa0;as promptly as reasonably possible but not more than ten business days thereafter, redeem the Public Shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account including interest earned on the funds held in the Trust Account and not previously released to the Company to pay its tax obligations (less up to $100,000 of interest to pay dissolution expenses), divided by the number of then outstanding Public Shares, which redemption will completely extinguish public stockholders&#x2019; rights as stockholders (including the right to receive further liquidating distributions, if any), and (iii)&#xa0;as promptly as reasonably possible following such redemption, subject to the approval of the Company&#x2019;s remaining stockholders and the Company&#x2019;s board of directors, dissolve and liquidate, subject in each case to the Company&#x2019;s obligations under Delaware law to provide for claims of creditors and the requirements of other applicable law. There will be no redemption rights or liquidating distributions with respect to the Company&#x2019;s warrants, which will expire worthless if the Company fails to complete a Business Combination within the Combination Period.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">The Sponsor has agreed to waive its liquidation rights with respect to the Founder Shares if the Company fails to complete a Business Combination within the Combination Period. However, if the Sponsor acquires Public Shares in or after the Initial Public Offering, such Public Shares will be entitled to liquidating distributions from the Trust Account if the Company fails to complete a Business Combination within the Combination Period. The underwriters have agreed to waive their rights to their deferred underwriting commission (see Note 7) held in the Trust Account in the event the Company does not complete a Business Combination within in the Combination Period and, in such event, such amounts will be included with the other funds held in the Trust Account that will be available to fund the redemption of the Public Shares. In the event of such distribution, it is possible that the per share value of the assets remaining available for distribution will be less than the Initial Public Offering price per Unit ($10.00).</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In order to protect the amounts held in the Trust Account, the Sponsor has agreed to be liable to the Company if and to the extent any claims by a third party for services rendered or products sold to the Company, or a prospective target business with which the Company has discussed entering into a transaction agreement, reduce the amount of funds in the Trust Account to below (1)&#xa0;$10.00 per Public Share or (2)&#xa0;the actual amount per Public Share held in the Trust Account as of the date of the liquidation of the Trust Account due to reductions in the value of the trust assets, in each case net of the interest which may be withdrawn to pay the Company&#x2019;s taxes. This liability will not apply with respect to any claims by a third party who executed a waiver of any and all rights to seek access to the Trust Account and except as to any claims under the Company&#x2019;s indemnity of the underwriters of the Initial Public Offering against certain liabilities, including liabilities under the Securities Act of 1933, as amended (the &#x201c;Securities Act&#x201d;). Moreover, in the event that an executed waiver is deemed to be unenforceable against a third party, the Sponsor will not be responsible to the extent of any liability for such third-party claims. The Company will seek to reduce the possibility that the Sponsor will have to indemnify the Trust Account due to claims of creditors by endeavoring to have all vendors, service providers (except the Company&#x2019;s independent registered public accounting firm), prospective target businesses or other entities with which the Company does business, execute agreements with the Company waiving any right, title, interest or claim of any kind in or to monies held in the Trust Account.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Risks and Uncertainties</i></b></font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Management continues to evaluate the impact of the COVID-19 pandemic and has concluded that while it is reasonably possible that the virus could have a negative effect on the Company&#x2019;s financial position, and/or search for a target company, the specific impact is not readily determinable as of the date of the financial statement. The financial statement does not include any adjustments that might result from the outcome of this uncertainty.</font></p><br/> 28750000 3750000 10.00 287500000 5000000 0.0150 7500000 16318918 5750000 10062500 506418 287500000 10.00 0.80 0.50 10.00 5000001 0.15 1.00 100000 In the event of such distribution, it is possible that the per share value of the assets remaining available for distribution will be less than the Initial Public Offering price per Unit ($10.00). 10.00 <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>NOTE 2.&#xa0;REVISION OF PREVIOUSLY ISSUED FINANCIAL STATEMENT</b></font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">The Company initially accounted for its outstanding Public Warrants (as defined in Note 5) and Private Placement Warrants (collectively, with the Public Warrants, the &#x201c;Warrants&#x201d;) issued in connection with its Initial Public Offering as components of equity instead of as derivative liabilities. The warrant agreement governing the Warrants includes a provision that provides for potential changes to the settlement amounts dependent upon the characteristics of the holder of the warrant. In addition, the warrant agreement includes a provision that in the event of a tender offer or exchange offer made to and accepted by holders of more than 50% of the outstanding shares of a single class of stock, all holders of the Warrants would be entitled to receive cash for their Warrants (the &#x201c;tender offer provision&#x201d;).</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On April 12, 2021, the Acting Director of the Division of Corporation Finance and Acting Chief Accountant of the Securities and Exchange Commission together issued a statement regarding the accounting and reporting considerations for warrants issued by special purpose acquisition companies entitled &#x201c;Staff Statement on Accounting and Reporting Considerations for Warrants Issued by Special Purpose Acquisition Companies (&#x201c;SPACs&#x201d;)&#x201d; (the &#x201c;SEC Statement&#x201d;). Specifically, the SEC Statement focused on certain settlement terms and provisions related to certain tender offers following a business combination, which terms are similar to those contained in the warrant agreement.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In further consideration of the SEC Statement, the Company&#x2019;s management further evaluated the Warrants under Accounting Standards Codification (&#x201c;ASC&#x201d;) Subtopic 815-40, Contracts in Entity&#x2019;s Own Equity. ASC&#xa0;Section 815-40-15 addresses equity versus liability treatment and classification of equity-linked financial instruments, including warrants, and states that a warrant may be classified as a component of equity only if, among other things, the warrant is indexed to the issuer&#x2019;s common stock. Under ASC Section 815-40-15, a warrant is not indexed to the issuer&#x2019;s common stock if the terms of the warrant require an adjustment to the exercise price upon a specified event and that event is not an input to the fair value of the warrant. Based on management&#x2019;s evaluation, the Company&#x2019;s audit committee, in consultation with management, concluded that the Company&#x2019;s Warrants are not indexed to the Company&#x2019;s common stock in the manner contemplated by ASC Section 815-40-15 because the holder of the instrument is not an input into the pricing of a fixed-for-fixed option on equity shares. In addition, based on management&#x2019;s evaluation, the Company&#x2019;s audit committee, in consultation with management, concluded that the tender offer provision fails the &#x201c;classified in stockholders&#x2019; equity&#x201d; criteria as contemplated by ASC Section 815-40-25.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">As a result of the above, the Company should have classified the Warrants as derivative liabilities in its previously issued financial statement as of March 9, 2021. Under this accounting treatment, the Company is required to measure the fair value of the Warrants at the end of each reporting period as well as re-evaluate the treatment of the warrants and recognize changes in the fair value from the prior period in the Company&#x2019;s operating results for the current period.</font> After review, the Company deemed the adjustment to be immaterial.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company&#x2019;s accounting for the Warrants as components of equity instead of as derivative liabilities did not have any effect on the Company&#x2019;s previously reported investments held in trust or cash.</font></p><br/><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="font-weight: bold"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td colspan="2" style="font-weight: bold; text-align: center"><font style="font-family: Times New Roman, Times, Serif">As</font></td><td style="font-weight: bold"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td colspan="2" style="text-align: center"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td colspan="2" style="text-align: center"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom"> <td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="font-weight: bold"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td colspan="2" style="font-weight: bold; text-align: center"><font style="font-family: Times New Roman, Times, Serif">Previously</font></td><td style="font-weight: bold"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td colspan="2" style="text-align: center"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="font-weight: bold"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td colspan="2" style="font-weight: bold; text-align: center"><font style="font-family: Times New Roman, Times, Serif">As</font></td><td style="font-weight: bold"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom"> <td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="font-weight: bold; padding-bottom: 1.5pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid"><font style="font-family: Times New Roman, Times, Serif">Reported</font></td><td style="padding-bottom: 1.5pt; font-weight: bold"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="font-weight: bold; padding-bottom: 1.5pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid"><font style="font-family: Times New Roman, Times, Serif">Adjustments</font></td><td style="padding-bottom: 1.5pt; font-weight: bold"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="font-weight: bold; padding-bottom: 1.5pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid"><font style="font-family: Times New Roman, Times, Serif">Revised</font></td><td style="padding-bottom: 1.5pt; font-weight: bold"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold"><font style="font-family: Times New Roman, Times, Serif">Balance sheet as of March 9, 2021 (audited)</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td colspan="2" style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td colspan="2" style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td colspan="2" style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: left; text-indent: -9pt; padding-left: 9pt"><font style="font-family: Times New Roman, Times, Serif">Warrant Liability</font></td><td style="width: 1%"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="width: 1%; text-align: left"><font style="font-family: Times New Roman, Times, Serif">$</font></td><td style="width: 9%; text-align: right"><font style="font-family: Times New Roman, Times, Serif">&#x2014;</font></td><td style="width: 1%; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="width: 1%"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="width: 1%; text-align: left"><font style="font-family: Times New Roman, Times, Serif">$</font></td><td style="width: 9%; text-align: right"><font style="font-family: Times New Roman, Times, Serif">8,435,000</font></td><td style="width: 1%; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="width: 1%"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="width: 1%; text-align: left"><font style="font-family: Times New Roman, Times, Serif">$</font></td><td style="width: 9%; text-align: right"><font style="font-family: Times New Roman, Times, Serif">8,435,000</font></td><td style="width: 1%; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; text-indent: -9pt; padding-left: 9pt"><font style="font-family: Times New Roman, Times, Serif">Class A Common Stock Subject to Possible Redemption</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">273,705,080</font></td><td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">(8,435,000</font></td><td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">)</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">265,270,080</font></td><td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; text-indent: -9pt; padding-left: 9pt"><font style="font-family: Times New Roman, Times, Serif">Class A Common Stock</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">138</font></td><td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">84</font></td><td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">222</font></td><td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; text-indent: -9pt; padding-left: 9pt"><font style="font-family: Times New Roman, Times, Serif">Additional Paid-in Capital</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">5,000,145</font></td><td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">261,071</font></td><td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">5,261,216</font></td><td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; text-indent: -9pt; padding-left: 9pt"><font style="font-family: Times New Roman, Times, Serif">Accumulated Deficit</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">(1,000</font></td><td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">)</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">(261,155</font></td><td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">)</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">(262,155</font></td><td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">)</font></td></tr> </table><br/> 0.50 <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="font-weight: bold"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td colspan="2" style="font-weight: bold; text-align: center"><font style="font-family: Times New Roman, Times, Serif">As</font></td><td style="font-weight: bold"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td colspan="2" style="text-align: center"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td colspan="2" style="text-align: center"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom"> <td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="font-weight: bold"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td colspan="2" style="font-weight: bold; text-align: center"><font style="font-family: Times New Roman, Times, Serif">Previously</font></td><td style="font-weight: bold"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td colspan="2" style="text-align: center"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="font-weight: bold"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td colspan="2" style="font-weight: bold; text-align: center"><font style="font-family: Times New Roman, Times, Serif">As</font></td><td style="font-weight: bold"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom"> <td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="font-weight: bold; padding-bottom: 1.5pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid"><font style="font-family: Times New Roman, Times, Serif">Reported</font></td><td style="padding-bottom: 1.5pt; font-weight: bold"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="font-weight: bold; padding-bottom: 1.5pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid"><font style="font-family: Times New Roman, Times, Serif">Adjustments</font></td><td style="padding-bottom: 1.5pt; font-weight: bold"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="font-weight: bold; padding-bottom: 1.5pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid"><font style="font-family: Times New Roman, Times, Serif">Revised</font></td><td style="padding-bottom: 1.5pt; font-weight: bold"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold"><font style="font-family: Times New Roman, Times, Serif">Balance sheet as of March 9, 2021 (audited)</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td colspan="2" style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td colspan="2" style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td colspan="2" style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 64%; text-align: left; text-indent: -9pt; padding-left: 9pt"><font style="font-family: Times New Roman, Times, Serif">Warrant Liability</font></td><td style="width: 1%"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="width: 1%; text-align: left"><font style="font-family: Times New Roman, Times, Serif">$</font></td><td style="width: 9%; text-align: right"><font style="font-family: Times New Roman, Times, Serif">&#x2014;</font></td><td style="width: 1%; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="width: 1%"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="width: 1%; text-align: left"><font style="font-family: Times New Roman, Times, Serif">$</font></td><td style="width: 9%; text-align: right"><font style="font-family: Times New Roman, Times, Serif">8,435,000</font></td><td style="width: 1%; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="width: 1%"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="width: 1%; text-align: left"><font style="font-family: Times New Roman, Times, Serif">$</font></td><td style="width: 9%; text-align: right"><font style="font-family: Times New Roman, Times, Serif">8,435,000</font></td><td style="width: 1%; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; text-indent: -9pt; padding-left: 9pt"><font style="font-family: Times New Roman, Times, Serif">Class A Common Stock Subject to Possible Redemption</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">273,705,080</font></td><td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">(8,435,000</font></td><td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">)</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">265,270,080</font></td><td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; text-indent: -9pt; padding-left: 9pt"><font style="font-family: Times New Roman, Times, Serif">Class A Common Stock</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">138</font></td><td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">84</font></td><td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">222</font></td><td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; text-indent: -9pt; padding-left: 9pt"><font style="font-family: Times New Roman, Times, Serif">Additional Paid-in Capital</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">5,000,145</font></td><td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">261,071</font></td><td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">5,261,216</font></td><td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; text-indent: -9pt; padding-left: 9pt"><font style="font-family: Times New Roman, Times, Serif">Accumulated Deficit</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">(1,000</font></td><td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">)</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">(261,155</font></td><td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">)</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">(262,155</font></td><td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">)</font></td></tr> </table> 8435000 8435000 273705080 -8435000 265270080 138 84 222 5000145 261071 5261216 -1000 -261155 -262155 <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>NOTE 3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</b></font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Basis of Presentation</i></b></font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The accompanying unaudited condensed financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (&#x201c;GAAP&#x201d;) for interim financial information and in accordance with the instructions to Form 10-Q and Article 8 of Regulation S-X of the SEC. Certain information or footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted, pursuant to the rules and regulations of the SEC for interim financial reporting. Accordingly, they do not include all the information and footnotes necessary for a complete presentation of financial position, results of operations, or cash flows. In the opinion of management, the accompanying unaudited condensed financial statements include all adjustments, consisting of a normal recurring nature, which are necessary for a fair presentation of the financial position, operating results and cash flows for the periods presented.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The accompanying unaudited condensed financial statements should be read in conjunction with the Company&#x2019;s prospectus for its Initial Public Offering as filed with the SEC on March 12, 2021, as well as the Company&#x2019;s Current Report on Form 8-K, as filed with the SEC on March 16, 2021. The interim results for the three months ended March 31, 2021 are not necessarily indicative of the results to be expected for the year ending December 31, 2021 or for any future periods.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif"><b><i>Liquidity and Financial Condition</i></b></font></p><br/><p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font-family: Times New Roman, Times, Serif; ">We will need to raise additional capital through loans or additional investments from our initial stockholders, officers or directors. If we are unable to raise additional capital, we may be required to take additional measures to conserve liquidity, which could include, but not necessarily be limited to, curtailing operations, suspending the pursuit of a potential transaction, and reducing overhead expenses. We cannot provide any assurance that new financing will be available to us on commercially acceptable terms, if at all. These conditions raise substantial doubt about our ability to continue as a going concern through one year and one day from the issuance of this report.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif"><b><i>Offering Costs Associated with the Initial Public Offering</i></b></font></p><br/><p style="text-align: justify; margin: 0pt 0; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif">The Company complies with the requirements of the Accounting Standards Codification (the &#x201c;ASC&#x201d;) 340-10-S99-1 and SEC Staff Accounting Bulletin Topic 5A &#x2014; &#x201c;Expenses of Offering.&#x201d; Offering costs consist principally of professional and registration fees incurred through the balance sheet date that are related to our Public Offering and were charged to stockholders&#x2019; equity upon the completion of our Public Offering.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Emerging Growth Company</i></b></font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company is an &#x201c;emerging growth company,&#x201d; as defined in Section 2(a) of the Securities Act, as modified by the Jumpstart Our Business Startups Act of 2012 (the &#x201c;JOBS Act&#x201d;), and it may take advantage of certain exemptions from various reporting requirements that are applicable to other public companies that are not emerging growth companies including, but not limited to, not being required to comply with the independent registered public accounting firm attestation requirements of Section 404 of the Sarbanes-Oxley Act, reduced disclosure obligations regarding executive compensation in its periodic reports and proxy statements, and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and stockholder approval of any golden parachute payments not previously approved.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Further, Section 102(b)(1) of the JOBS Act exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that have not had a Securities Act registration statement declared effective or do not have a class of securities registered under the Exchange Act) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that a company can elect to opt out of the extended transition period and comply with the requirements that apply to non-emerging growth companies but any such election to opt out is irrevocable. The Company has elected not to opt out of such extended transition period which means that when a standard is issued or revised and it has different application dates for public or private companies, the Company, as an emerging growth company, can adopt the new or revised standard at the time private companies adopt the new or revised standard. This may make comparison of the Company&#x2019;s financial statement with another public company which is neither an emerging growth company nor an emerging growth company which has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Use of Estimates</i></b></font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of the condensed financial statements in conformity with GAAP requires the Company&#x2019;s management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. Accordingly, the actual results could differ significantly from those estimates.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Cash and Cash Equivalents</i></b></font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company considers all short-term investments with an original maturity of three months or less when purchased to be cash equivalents. The Company did not have any cash equivalents as of March 31, 2021.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Marketable Securities Held in Trust Account</i></b></font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">At March 31, 2021, substantially all of the assets held in the Trust Account were held in money market funds which are invested primarily in U.S. Treasury securities.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Warrant Liability</i></b></font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">The Company accounts for warrants as either equity-classified or liability-classified instruments based on an assessment of the warrant&#x2019;s specific terms and applicable authoritative guidance in Financial Accounting Standards Board (&#x201c;FASB&#x201d;) Accounting Standards Codification (&#x201c;ASC&#x201d;) 480, Distinguishing Liabilities from Equity (&#x201c;ASC 480&#x201d;) and ASC 815, Derivatives and Hedging (&#x201c;ASC 815&#x201d;). The assessment considers whether the warrants are freestanding financial instruments pursuant to ASC 480, meet the definition of a liability pursuant to ASC 480, and whether the warrants meet all of the requirements for equity classification under ASC 815, including whether the warrants are indexed to the Company&#x2019;s own common shares and whether the warrant holders could potentially require &#x201c;net cash settlement&#x201d; in a circumstance outside of the Company&#x2019;s control, among other conditions for equity classification. This assessment, which requires the use of professional judgment, is conducted at the time of warrant issuance and as of each subsequent quarterly period end date while the warrants are outstanding. As of March 31, 2021 and March 9, 2021, both the Public Warrants and Private Placement Warrants were accounted for as liabilities (see Note 10).</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">For issued or modified warrants that meet all of the criteria for equity classification, the warrants are required to be recorded as a component of additional paid-in-capital at the time of issuance. For issued or modified warrants that do not meet all the criteria for equity classification, the warrants are required to be recorded at their initial fair value on the date of issuance, and each balance sheet date thereafter. The Company accounts for the Warrants issued in connection with its Initial Public Offering in accordance with the guidance contained in ASC 815-40-15-7D, under which the Warrants do not meet the criteria for equity treatment and must be recorded as liabilities. Accordingly, the Company classifies the Warrants as liabilities at their fair value and adjusts the Warrants to fair value at each reporting period. This liability is subject to re-measurement at each balance sheet date until exercised, and any change in fair value is recognized in the Company&#x2019;s statement of operations. The fair value of the Warrants initially was estimated using a Binomial Lattice Model (see Note 10).</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Class A Common Stock Subject to Possible Redemption</i></b></font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company accounts for its Class A common stock subject to possible redemption in accordance with the guidance in Accounting Standards Codification (&#x201c;ASC&#x201d;) Topic 480 &#x201c;Distinguishing Liabilities from Equity.&#x201d; Shares of Class A common stock subject to mandatory redemption is classified as a liability instrument and is measured at fair value. Conditionally redeemable common stock (including common stock that features redemption rights that is either within the control of the holder or subject to redemption upon the occurrence of uncertain events not solely within the Company&#x2019;s control) is classified as temporary equity. At all other times, common stock is classified as stockholders&#x2019; equity. The Company&#x2019;s Class A common stock features certain redemption rights that are considered to be outside of the Company&#x2019;s control and subject to occurrence of uncertain future events. Accordingly, at March 31, 2021, Class A common stock subject to possible redemption is presented at redemption value as temporary equity, outside of the stockholders&#x2019; equity section of the Company&#x2019;s balance sheet.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Income Taxes</i></b></font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company complies with the accounting and reporting requirements of ASC Topic 740, &#x201c;Income Taxes,&#x201d; which requires an asset and liability approach to financial accounting and reporting for income taxes. Deferred income tax assets and liabilities are computed for differences between the financial statement and tax bases of assets and liabilities that will result in future taxable or deductible amounts, based on enacted tax laws and rates applicable to the periods in which the differences are expected to affect taxable income. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">ASC Topic 740 prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more-likely-than-not to be sustained upon examination by taxing authorities. The Company recognizes accrued interest and penalties related to unrecognized tax benefits, if any, as income tax expense. There were no unrecognized tax benefits and no amounts accrued for interest and penalties as of March 31, 2021. The Company is currently not aware of any issues under review that could result in significant payments, accruals or material deviation from its position. The Company is subject to income tax examinations by major taxing authorities since inception. The effective tax rate differs from the statutory tax rate of 21% for the three months ended March 31, 2021, due to the valuation allowance recorded on the Company&#x2019;s net operating losses.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Net Income (Loss) per Common Share</i></b></font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Net income (loss) per share is computed by dividing net income by the weighted-average number of shares of common stock outstanding during the period, excluding shares of common stock subject to forfeiture.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company&#x2019;s statement of operations includes a presentation of income (loss) per share for common stock subject to possible redemption in a manner similar to the two-class method of income (loss) per share. Net income (loss) per common share, basic and diluted, for Class A common stock subject to possible redemption is calculated by dividing the proportionate share of income or loss on marketable securities held by the Trust Account, net of applicable franchise and income taxes, by the weighted average number of Class A common stock subject to possible redemption outstanding since original issuance.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Net income (loss) per share, basic and diluted, for non-redeemable common stock is calculated by dividing the net income (loss), adjusted for income or loss on marketable securities attributable to Class A common stock subject to possible redemption, by the weighted average number of non-redeemable common stock outstanding for the period. The Company has not considered the effect of the 5,750,000 warrants sold in the Initial Public Offering and private placement to purchase an aggregate of 5,000,000 shares in the calculation of diluted income (loss) per share, since the inclusion of such warrants would be anti-dilutive.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Non-redeemable common stock includes Founder Shares and non-redeemable shares of common stock as these shares do not have any redemption features. Non-redeemable common stock participates in the income or loss on marketable securities based on non-redeemable shares&#x2019; proportionate interest.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table reflects the calculation of basic and diluted net income (loss) per common share (in dollars, except per share amounts):</font></p><br/><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="padding-bottom: 1.5pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td colspan="2" style="text-align: center; border-bottom: Black 1.5pt solid"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><font style="font-family: Times New Roman, Times, Serif"><b>Three Months</b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><font style="font-family: Times New Roman, Times, Serif"><b>Ended</b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><font style="font-family: Times New Roman, Times, Serif"><b>March&#xa0;31,</b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><font style="font-family: Times New Roman, Times, Serif"><b>2021</b></font></p></td><td style="padding-bottom: 1.5pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom"> <td style="font-style: italic"><font style="font-family: Times New Roman, Times, Serif">Class A common stock subject to possible redemption</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td colspan="2" style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom"> <td><font style="font-family: Times New Roman, Times, Serif">Numerator: Earnings attributable to Class A common stock subject to possible redemption</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td colspan="2" style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 88%; text-align: left; text-indent: -9pt; padding-left: 27pt"><font style="font-family: Times New Roman, Times, Serif">Interest earned on marketable securities held in Trust Account</font></td><td style="width: 1%"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="width: 1%; text-align: left"><font style="font-family: Times New Roman, Times, Serif">$</font></td><td style="width: 9%; text-align: right"><font style="font-family: Times New Roman, Times, Serif">4,610</font></td><td style="width: 1%; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; text-indent: -9pt; padding-left: 27pt"><font style="font-family: Times New Roman, Times, Serif">Unrealized gain on marketable securities held in Trust Account</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">4,418</font></td><td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1.5pt; text-indent: -9pt; padding-left: 27pt"><font style="font-family: Times New Roman, Times, Serif">Less: interest available to be withdrawn for payment of taxes</font></td><td style="padding-bottom: 1.5pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="border-bottom: Black 1.5pt solid; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="border-bottom: Black 1.5pt solid; text-align: right"><font style="font-family: Times New Roman, Times, Serif">(9,028</font></td><td style="padding-bottom: 1.5pt; text-align: left"><font style="font-family: Times New Roman, Times, Serif">)</font></td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; padding-bottom: 4pt; text-indent: -9pt; padding-left: 0.5in"><font style="font-family: Times New Roman, Times, Serif">Net income attributable</font></td><td style="font-weight: bold; padding-bottom: 4pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="border-bottom: Black 4pt double; font-weight: bold; text-align: left"><font style="font-family: Times New Roman, Times, Serif">$</font></td><td style="border-bottom: Black 4pt double; font-weight: bold; text-align: right"><font style="font-family: Times New Roman, Times, Serif">&#x2014;</font></td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; text-indent: -9pt; padding-left: 9pt"><font style="font-family: Times New Roman, Times, Serif">Denominator: Weighted Average Class A common stock subject to possible redemption</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; padding-bottom: 4pt; text-indent: -9pt; padding-left: 9pt"><font style="font-family: Times New Roman, Times, Serif">Basic and diluted weighted average shares outstanding, Class A common stock subject to possible redemption</font></td><td style="font-weight: bold; padding-bottom: 4pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="border-bottom: Black 4pt double; font-weight: bold; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="border-bottom: Black 4pt double; font-weight: bold; text-align: right"><font style="font-family: Times New Roman, Times, Serif">26,527,008</font></td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 4pt; text-indent: -9pt; padding-left: 9pt"><font style="font-family: Times New Roman, Times, Serif">Basic and diluted net income per share, Class A common stock subject to possible redemption</font></td><td style="font-weight: bold; padding-bottom: 4pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="border-bottom: Black 4pt double; font-weight: bold; text-align: left"><font style="font-family: Times New Roman, Times, Serif">$</font></td><td style="border-bottom: Black 4pt double; font-weight: bold; text-align: right"><font style="font-family: Times New Roman, Times, Serif">&#x2014;</font></td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; "> <td style="text-indent: -9pt; padding-left: 9pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-style: italic; text-align: left; text-indent: -9pt; padding-left: 9pt"><font style="font-family: Times New Roman, Times, Serif">Non-Redeemable Common Stock</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; text-indent: -9pt; padding-left: 9pt"><font style="font-family: Times New Roman, Times, Serif">Numerator: Net Loss minus Net Earnings</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; text-indent: -9pt; padding-left: 0.25in"><font style="font-family: Times New Roman, Times, Serif">Net loss</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">$</font></td><td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">(252,841</font></td><td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">)</font></td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; padding-bottom: 1.5pt; text-indent: -9pt; padding-left: 0.25in"><font style="font-family: Times New Roman, Times, Serif">Less: Net income allocable to Class A common stock subject to possible redemption</font></td><td style="padding-bottom: 1.5pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="border-bottom: Black 1.5pt solid; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="border-bottom: Black 1.5pt solid; text-align: right"><font style="font-family: Times New Roman, Times, Serif">&#x2014;</font></td><td style="padding-bottom: 1.5pt; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 4pt; text-indent: -9pt; padding-left: 27pt"><font style="font-family: Times New Roman, Times, Serif">Non-Redeemable Net Loss</font></td><td style="font-weight: bold; padding-bottom: 4pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="border-bottom: Black 4pt double; font-weight: bold; text-align: left"><font style="font-family: Times New Roman, Times, Serif">$</font></td><td style="border-bottom: Black 4pt double; font-weight: bold; text-align: right"><font style="font-family: Times New Roman, Times, Serif">(252,841</font></td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left"><font style="font-family: Times New Roman, Times, Serif">)</font></td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; text-indent: -9pt; padding-left: 9pt"><font style="font-family: Times New Roman, Times, Serif">Denominator: Weighted Average Non-redeemable common stock</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 4pt; text-indent: -9pt; padding-left: 9pt"><font style="font-family: Times New Roman, Times, Serif">Basic and diluted weighted average shares outstanding, Non-redeemable common stock</font></td><td style="font-weight: bold; padding-bottom: 4pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="border-bottom: Black 4pt double; font-weight: bold; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="border-bottom: Black 4pt double; font-weight: bold; text-align: right"><font style="font-family: Times New Roman, Times, Serif">7,022,565</font></td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; padding-bottom: 4pt; text-indent: -9pt; padding-left: 9pt"><font style="font-family: Times New Roman, Times, Serif">Basic and diluted net loss per share, Non-redeemable common stock</font></td><td style="font-weight: bold; padding-bottom: 4pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="border-bottom: Black 4pt double; font-weight: bold; text-align: left"><font style="font-family: Times New Roman, Times, Serif">$</font></td><td style="border-bottom: Black 4pt double; font-weight: bold; text-align: right"><font style="font-family: Times New Roman, Times, Serif">(0.04</font></td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left"><font style="font-family: Times New Roman, Times, Serif">)</font></td></tr> </table><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Concentration of Credit Risk</i></b></font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash accounts in a financial institution, which, at times may exceed the Federal Depository Insurance Coverage of $250,000. The Company has not experienced losses on these accounts.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Fair Value of Financial Instruments</i></b></font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The fair value of the Company&#x2019;s assets and liabilities, which qualify as financial instruments under ASC Topic 820, &#x201c;Fair Value Measurement,&#x201d; approximates the carrying amounts represented in the accompanying condensed balance sheets, primarily due to their short-term nature.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Recent Accounting Standards</i></b></font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Management does not believe that any recently issued, but not yet effective, accounting standards, if currently adopted, would have a material effect on the Company&#x2019;s condensed financial statements.</font></p><br/> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Basis of Presentation</i></b></font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The accompanying unaudited condensed financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (&#x201c;GAAP&#x201d;) for interim financial information and in accordance with the instructions to Form 10-Q and Article 8 of Regulation S-X of the SEC. Certain information or footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted, pursuant to the rules and regulations of the SEC for interim financial reporting. Accordingly, they do not include all the information and footnotes necessary for a complete presentation of financial position, results of operations, or cash flows. In the opinion of management, the accompanying unaudited condensed financial statements include all adjustments, consisting of a normal recurring nature, which are necessary for a fair presentation of the financial position, operating results and cash flows for the periods presented.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The accompanying unaudited condensed financial statements should be read in conjunction with the Company&#x2019;s prospectus for its Initial Public Offering as filed with the SEC on March 12, 2021, as well as the Company&#x2019;s Current Report on Form 8-K, as filed with the SEC on March 16, 2021. The interim results for the three months ended March 31, 2021 are not necessarily indicative of the results to be expected for the year ending December 31, 2021 or for any future periods.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif"><b><i>Liquidity and Financial Condition</i></b></font></p><br/><p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><font style="font-family: Times New Roman, Times, Serif; ">We will need to raise additional capital through loans or additional investments from our initial stockholders, officers or directors. If we are unable to raise additional capital, we may be required to take additional measures to conserve liquidity, which could include, but not necessarily be limited to, curtailing operations, suspending the pursuit of a potential transaction, and reducing overhead expenses. We cannot provide any assurance that new financing will be available to us on commercially acceptable terms, if at all. These conditions raise substantial doubt about our ability to continue as a going concern through one year and one day from the issuance of this report.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif"><b><i>Offering Costs Associated with the Initial Public Offering</i></b></font></p><br/><p style="text-align: justify; margin: 0pt 0; font: 10pt Times New Roman, Times, Serif"><font style="font-family: Times New Roman, Times, Serif">The Company complies with the requirements of the Accounting Standards Codification (the &#x201c;ASC&#x201d;) 340-10-S99-1 and SEC Staff Accounting Bulletin Topic 5A &#x2014; &#x201c;Expenses of Offering.&#x201d; Offering costs consist principally of professional and registration fees incurred through the balance sheet date that are related to our Public Offering and were charged to stockholders&#x2019; equity upon the completion of our Public Offering.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Emerging Growth Company</i></b></font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company is an &#x201c;emerging growth company,&#x201d; as defined in Section 2(a) of the Securities Act, as modified by the Jumpstart Our Business Startups Act of 2012 (the &#x201c;JOBS Act&#x201d;), and it may take advantage of certain exemptions from various reporting requirements that are applicable to other public companies that are not emerging growth companies including, but not limited to, not being required to comply with the independent registered public accounting firm attestation requirements of Section 404 of the Sarbanes-Oxley Act, reduced disclosure obligations regarding executive compensation in its periodic reports and proxy statements, and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and stockholder approval of any golden parachute payments not previously approved.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Further, Section 102(b)(1) of the JOBS Act exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that have not had a Securities Act registration statement declared effective or do not have a class of securities registered under the Exchange Act) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that a company can elect to opt out of the extended transition period and comply with the requirements that apply to non-emerging growth companies but any such election to opt out is irrevocable. The Company has elected not to opt out of such extended transition period which means that when a standard is issued or revised and it has different application dates for public or private companies, the Company, as an emerging growth company, can adopt the new or revised standard at the time private companies adopt the new or revised standard. This may make comparison of the Company&#x2019;s financial statement with another public company which is neither an emerging growth company nor an emerging growth company which has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Use of Estimates</i></b></font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of the condensed financial statements in conformity with GAAP requires the Company&#x2019;s management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. Accordingly, the actual results could differ significantly from those estimates.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Cash and Cash Equivalents</i></b></font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company considers all short-term investments with an original maturity of three months or less when purchased to be cash equivalents. The Company did not have any cash equivalents as of March 31, 2021.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Marketable Securities Held in Trust Account</i></b></font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">At March 31, 2021, substantially all of the assets held in the Trust Account were held in money market funds which are invested primarily in U.S. Treasury securities.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Warrant Liability</i></b></font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">The Company accounts for warrants as either equity-classified or liability-classified instruments based on an assessment of the warrant&#x2019;s specific terms and applicable authoritative guidance in Financial Accounting Standards Board (&#x201c;FASB&#x201d;) Accounting Standards Codification (&#x201c;ASC&#x201d;) 480, Distinguishing Liabilities from Equity (&#x201c;ASC 480&#x201d;) and ASC 815, Derivatives and Hedging (&#x201c;ASC 815&#x201d;). The assessment considers whether the warrants are freestanding financial instruments pursuant to ASC 480, meet the definition of a liability pursuant to ASC 480, and whether the warrants meet all of the requirements for equity classification under ASC 815, including whether the warrants are indexed to the Company&#x2019;s own common shares and whether the warrant holders could potentially require &#x201c;net cash settlement&#x201d; in a circumstance outside of the Company&#x2019;s control, among other conditions for equity classification. This assessment, which requires the use of professional judgment, is conducted at the time of warrant issuance and as of each subsequent quarterly period end date while the warrants are outstanding. As of March 31, 2021 and March 9, 2021, both the Public Warrants and Private Placement Warrants were accounted for as liabilities (see Note 10).</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">For issued or modified warrants that meet all of the criteria for equity classification, the warrants are required to be recorded as a component of additional paid-in-capital at the time of issuance. For issued or modified warrants that do not meet all the criteria for equity classification, the warrants are required to be recorded at their initial fair value on the date of issuance, and each balance sheet date thereafter. The Company accounts for the Warrants issued in connection with its Initial Public Offering in accordance with the guidance contained in ASC 815-40-15-7D, under which the Warrants do not meet the criteria for equity treatment and must be recorded as liabilities. Accordingly, the Company classifies the Warrants as liabilities at their fair value and adjusts the Warrants to fair value at each reporting period. This liability is subject to re-measurement at each balance sheet date until exercised, and any change in fair value is recognized in the Company&#x2019;s statement of operations. The fair value of the Warrants initially was estimated using a Binomial Lattice Model (see Note 10).</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Class A Common Stock Subject to Possible Redemption</i></b></font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company accounts for its Class A common stock subject to possible redemption in accordance with the guidance in Accounting Standards Codification (&#x201c;ASC&#x201d;) Topic 480 &#x201c;Distinguishing Liabilities from Equity.&#x201d; Shares of Class A common stock subject to mandatory redemption is classified as a liability instrument and is measured at fair value. Conditionally redeemable common stock (including common stock that features redemption rights that is either within the control of the holder or subject to redemption upon the occurrence of uncertain events not solely within the Company&#x2019;s control) is classified as temporary equity. At all other times, common stock is classified as stockholders&#x2019; equity. The Company&#x2019;s Class A common stock features certain redemption rights that are considered to be outside of the Company&#x2019;s control and subject to occurrence of uncertain future events. Accordingly, at March 31, 2021, Class A common stock subject to possible redemption is presented at redemption value as temporary equity, outside of the stockholders&#x2019; equity section of the Company&#x2019;s balance sheet.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Income Taxes</i></b></font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company complies with the accounting and reporting requirements of ASC Topic 740, &#x201c;Income Taxes,&#x201d; which requires an asset and liability approach to financial accounting and reporting for income taxes. Deferred income tax assets and liabilities are computed for differences between the financial statement and tax bases of assets and liabilities that will result in future taxable or deductible amounts, based on enacted tax laws and rates applicable to the periods in which the differences are expected to affect taxable income. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">ASC Topic 740 prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more-likely-than-not to be sustained upon examination by taxing authorities. The Company recognizes accrued interest and penalties related to unrecognized tax benefits, if any, as income tax expense. There were no unrecognized tax benefits and no amounts accrued for interest and penalties as of March 31, 2021. The Company is currently not aware of any issues under review that could result in significant payments, accruals or material deviation from its position. The Company is subject to income tax examinations by major taxing authorities since inception. The effective tax rate differs from the statutory tax rate of 21% for the three months ended March 31, 2021, due to the valuation allowance recorded on the Company&#x2019;s net operating losses.</font></p> 0.21 <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Net Income (Loss) per Common Share</i></b></font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Net income (loss) per share is computed by dividing net income by the weighted-average number of shares of common stock outstanding during the period, excluding shares of common stock subject to forfeiture.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company&#x2019;s statement of operations includes a presentation of income (loss) per share for common stock subject to possible redemption in a manner similar to the two-class method of income (loss) per share. Net income (loss) per common share, basic and diluted, for Class A common stock subject to possible redemption is calculated by dividing the proportionate share of income or loss on marketable securities held by the Trust Account, net of applicable franchise and income taxes, by the weighted average number of Class A common stock subject to possible redemption outstanding since original issuance.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Net income (loss) per share, basic and diluted, for non-redeemable common stock is calculated by dividing the net income (loss), adjusted for income or loss on marketable securities attributable to Class A common stock subject to possible redemption, by the weighted average number of non-redeemable common stock outstanding for the period. The Company has not considered the effect of the 5,750,000 warrants sold in the Initial Public Offering and private placement to purchase an aggregate of 5,000,000 shares in the calculation of diluted income (loss) per share, since the inclusion of such warrants would be anti-dilutive.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Non-redeemable common stock includes Founder Shares and non-redeemable shares of common stock as these shares do not have any redemption features. Non-redeemable common stock participates in the income or loss on marketable securities based on non-redeemable shares&#x2019; proportionate interest.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table reflects the calculation of basic and diluted net income (loss) per common share (in dollars, except per share amounts):</font></p><br/><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="padding-bottom: 1.5pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td colspan="2" style="text-align: center; border-bottom: Black 1.5pt solid"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><font style="font-family: Times New Roman, Times, Serif"><b>Three Months</b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><font style="font-family: Times New Roman, Times, Serif"><b>Ended</b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><font style="font-family: Times New Roman, Times, Serif"><b>March&#xa0;31,</b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><font style="font-family: Times New Roman, Times, Serif"><b>2021</b></font></p></td><td style="padding-bottom: 1.5pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom"> <td style="font-style: italic"><font style="font-family: Times New Roman, Times, Serif">Class A common stock subject to possible redemption</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td colspan="2" style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom"> <td><font style="font-family: Times New Roman, Times, Serif">Numerator: Earnings attributable to Class A common stock subject to possible redemption</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td colspan="2" style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 88%; text-align: left; text-indent: -9pt; padding-left: 27pt"><font style="font-family: Times New Roman, Times, Serif">Interest earned on marketable securities held in Trust Account</font></td><td style="width: 1%"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="width: 1%; text-align: left"><font style="font-family: Times New Roman, Times, Serif">$</font></td><td style="width: 9%; text-align: right"><font style="font-family: Times New Roman, Times, Serif">4,610</font></td><td style="width: 1%; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; text-indent: -9pt; padding-left: 27pt"><font style="font-family: Times New Roman, Times, Serif">Unrealized gain on marketable securities held in Trust Account</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">4,418</font></td><td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1.5pt; text-indent: -9pt; padding-left: 27pt"><font style="font-family: Times New Roman, Times, Serif">Less: interest available to be withdrawn for payment of taxes</font></td><td style="padding-bottom: 1.5pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="border-bottom: Black 1.5pt solid; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="border-bottom: Black 1.5pt solid; text-align: right"><font style="font-family: Times New Roman, Times, Serif">(9,028</font></td><td style="padding-bottom: 1.5pt; text-align: left"><font style="font-family: Times New Roman, Times, Serif">)</font></td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; padding-bottom: 4pt; text-indent: -9pt; padding-left: 0.5in"><font style="font-family: Times New Roman, Times, Serif">Net income attributable</font></td><td style="font-weight: bold; padding-bottom: 4pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="border-bottom: Black 4pt double; font-weight: bold; text-align: left"><font style="font-family: Times New Roman, Times, Serif">$</font></td><td style="border-bottom: Black 4pt double; font-weight: bold; text-align: right"><font style="font-family: Times New Roman, Times, Serif">&#x2014;</font></td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; text-indent: -9pt; padding-left: 9pt"><font style="font-family: Times New Roman, Times, Serif">Denominator: Weighted Average Class A common stock subject to possible redemption</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; padding-bottom: 4pt; text-indent: -9pt; padding-left: 9pt"><font style="font-family: Times New Roman, Times, Serif">Basic and diluted weighted average shares outstanding, Class A common stock subject to possible redemption</font></td><td style="font-weight: bold; padding-bottom: 4pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="border-bottom: Black 4pt double; font-weight: bold; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="border-bottom: Black 4pt double; font-weight: bold; text-align: right"><font style="font-family: Times New Roman, Times, Serif">26,527,008</font></td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 4pt; text-indent: -9pt; padding-left: 9pt"><font style="font-family: Times New Roman, Times, Serif">Basic and diluted net income per share, Class A common stock subject to possible redemption</font></td><td style="font-weight: bold; padding-bottom: 4pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="border-bottom: Black 4pt double; font-weight: bold; text-align: left"><font style="font-family: Times New Roman, Times, Serif">$</font></td><td style="border-bottom: Black 4pt double; font-weight: bold; text-align: right"><font style="font-family: Times New Roman, Times, Serif">&#x2014;</font></td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; "> <td style="text-indent: -9pt; padding-left: 9pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-style: italic; text-align: left; text-indent: -9pt; padding-left: 9pt"><font style="font-family: Times New Roman, Times, Serif">Non-Redeemable Common Stock</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; text-indent: -9pt; padding-left: 9pt"><font style="font-family: Times New Roman, Times, Serif">Numerator: Net Loss minus Net Earnings</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; text-indent: -9pt; padding-left: 0.25in"><font style="font-family: Times New Roman, Times, Serif">Net loss</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">$</font></td><td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">(252,841</font></td><td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">)</font></td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; padding-bottom: 1.5pt; text-indent: -9pt; padding-left: 0.25in"><font style="font-family: Times New Roman, Times, Serif">Less: Net income allocable to Class A common stock subject to possible redemption</font></td><td style="padding-bottom: 1.5pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="border-bottom: Black 1.5pt solid; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="border-bottom: Black 1.5pt solid; text-align: right"><font style="font-family: Times New Roman, Times, Serif">&#x2014;</font></td><td style="padding-bottom: 1.5pt; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 4pt; text-indent: -9pt; padding-left: 27pt"><font style="font-family: Times New Roman, Times, Serif">Non-Redeemable Net Loss</font></td><td style="font-weight: bold; padding-bottom: 4pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="border-bottom: Black 4pt double; font-weight: bold; text-align: left"><font style="font-family: Times New Roman, Times, Serif">$</font></td><td style="border-bottom: Black 4pt double; font-weight: bold; text-align: right"><font style="font-family: Times New Roman, Times, Serif">(252,841</font></td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left"><font style="font-family: Times New Roman, Times, Serif">)</font></td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; text-indent: -9pt; padding-left: 9pt"><font style="font-family: Times New Roman, Times, Serif">Denominator: Weighted Average Non-redeemable common stock</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 4pt; text-indent: -9pt; padding-left: 9pt"><font style="font-family: Times New Roman, Times, Serif">Basic and diluted weighted average shares outstanding, Non-redeemable common stock</font></td><td style="font-weight: bold; padding-bottom: 4pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="border-bottom: Black 4pt double; font-weight: bold; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="border-bottom: Black 4pt double; font-weight: bold; text-align: right"><font style="font-family: Times New Roman, Times, Serif">7,022,565</font></td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; padding-bottom: 4pt; text-indent: -9pt; padding-left: 9pt"><font style="font-family: Times New Roman, Times, Serif">Basic and diluted net loss per share, Non-redeemable common stock</font></td><td style="font-weight: bold; padding-bottom: 4pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="border-bottom: Black 4pt double; font-weight: bold; text-align: left"><font style="font-family: Times New Roman, Times, Serif">$</font></td><td style="border-bottom: Black 4pt double; font-weight: bold; text-align: right"><font style="font-family: Times New Roman, Times, Serif">(0.04</font></td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left"><font style="font-family: Times New Roman, Times, Serif">)</font></td></tr> </table> 5750000 5000000 <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Concentration of Credit Risk</i></b></font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash accounts in a financial institution, which, at times may exceed the Federal Depository Insurance Coverage of $250,000. The Company has not experienced losses on these accounts.</font></p> 250000 <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Fair Value of Financial Instruments</i></b></font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The fair value of the Company&#x2019;s assets and liabilities, which qualify as financial instruments under ASC Topic 820, &#x201c;Fair Value Measurement,&#x201d; approximates the carrying amounts represented in the accompanying condensed balance sheets, primarily due to their short-term nature.</font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Recent Accounting Standards</i></b></font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Management does not believe that any recently issued, but not yet effective, accounting standards, if currently adopted, would have a material effect on the Company&#x2019;s condensed financial statements.</font></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="padding-bottom: 1.5pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td colspan="2" style="text-align: center; border-bottom: Black 1.5pt solid"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><font style="font-family: Times New Roman, Times, Serif"><b>Three Months</b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><font style="font-family: Times New Roman, Times, Serif"><b>Ended</b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><font style="font-family: Times New Roman, Times, Serif"><b>March&#xa0;31,</b></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><font style="font-family: Times New Roman, Times, Serif"><b>2021</b></font></p></td><td style="padding-bottom: 1.5pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom"> <td style="font-style: italic"><font style="font-family: Times New Roman, Times, Serif">Class A common stock subject to possible redemption</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td colspan="2" style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom"> <td><font style="font-family: Times New Roman, Times, Serif">Numerator: Earnings attributable to Class A common stock subject to possible redemption</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td colspan="2" style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 88%; text-align: left; text-indent: -9pt; padding-left: 27pt"><font style="font-family: Times New Roman, Times, Serif">Interest earned on marketable securities held in Trust Account</font></td><td style="width: 1%"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="width: 1%; text-align: left"><font style="font-family: Times New Roman, Times, Serif">$</font></td><td style="width: 9%; text-align: right"><font style="font-family: Times New Roman, Times, Serif">4,610</font></td><td style="width: 1%; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; text-indent: -9pt; padding-left: 27pt"><font style="font-family: Times New Roman, Times, Serif">Unrealized gain on marketable securities held in Trust Account</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">4,418</font></td><td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1.5pt; text-indent: -9pt; padding-left: 27pt"><font style="font-family: Times New Roman, Times, Serif">Less: interest available to be withdrawn for payment of taxes</font></td><td style="padding-bottom: 1.5pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="border-bottom: Black 1.5pt solid; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="border-bottom: Black 1.5pt solid; text-align: right"><font style="font-family: Times New Roman, Times, Serif">(9,028</font></td><td style="padding-bottom: 1.5pt; text-align: left"><font style="font-family: Times New Roman, Times, Serif">)</font></td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; padding-bottom: 4pt; text-indent: -9pt; padding-left: 0.5in"><font style="font-family: Times New Roman, Times, Serif">Net income attributable</font></td><td style="font-weight: bold; padding-bottom: 4pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="border-bottom: Black 4pt double; font-weight: bold; text-align: left"><font style="font-family: Times New Roman, Times, Serif">$</font></td><td style="border-bottom: Black 4pt double; font-weight: bold; text-align: right"><font style="font-family: Times New Roman, Times, Serif">&#x2014;</font></td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; text-indent: -9pt; padding-left: 9pt"><font style="font-family: Times New Roman, Times, Serif">Denominator: Weighted Average Class A common stock subject to possible redemption</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; padding-bottom: 4pt; text-indent: -9pt; padding-left: 9pt"><font style="font-family: Times New Roman, Times, Serif">Basic and diluted weighted average shares outstanding, Class A common stock subject to possible redemption</font></td><td style="font-weight: bold; padding-bottom: 4pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="border-bottom: Black 4pt double; font-weight: bold; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="border-bottom: Black 4pt double; font-weight: bold; text-align: right"><font style="font-family: Times New Roman, Times, Serif">26,527,008</font></td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 4pt; text-indent: -9pt; padding-left: 9pt"><font style="font-family: Times New Roman, Times, Serif">Basic and diluted net income per share, Class A common stock subject to possible redemption</font></td><td style="font-weight: bold; padding-bottom: 4pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="border-bottom: Black 4pt double; font-weight: bold; text-align: left"><font style="font-family: Times New Roman, Times, Serif">$</font></td><td style="border-bottom: Black 4pt double; font-weight: bold; text-align: right"><font style="font-family: Times New Roman, Times, Serif">&#x2014;</font></td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; "> <td style="text-indent: -9pt; padding-left: 9pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-style: italic; text-align: left; text-indent: -9pt; padding-left: 9pt"><font style="font-family: Times New Roman, Times, Serif">Non-Redeemable Common Stock</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; text-indent: -9pt; padding-left: 9pt"><font style="font-family: Times New Roman, Times, Serif">Numerator: Net Loss minus Net Earnings</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; text-indent: -9pt; padding-left: 0.25in"><font style="font-family: Times New Roman, Times, Serif">Net loss</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">$</font></td><td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">(252,841</font></td><td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">)</font></td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; padding-bottom: 1.5pt; text-indent: -9pt; padding-left: 0.25in"><font style="font-family: Times New Roman, Times, Serif">Less: Net income allocable to Class A common stock subject to possible redemption</font></td><td style="padding-bottom: 1.5pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="border-bottom: Black 1.5pt solid; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="border-bottom: Black 1.5pt solid; text-align: right"><font style="font-family: Times New Roman, Times, Serif">&#x2014;</font></td><td style="padding-bottom: 1.5pt; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 4pt; text-indent: -9pt; padding-left: 27pt"><font style="font-family: Times New Roman, Times, Serif">Non-Redeemable Net Loss</font></td><td style="font-weight: bold; padding-bottom: 4pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="border-bottom: Black 4pt double; font-weight: bold; text-align: left"><font style="font-family: Times New Roman, Times, Serif">$</font></td><td style="border-bottom: Black 4pt double; font-weight: bold; text-align: right"><font style="font-family: Times New Roman, Times, Serif">(252,841</font></td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left"><font style="font-family: Times New Roman, Times, Serif">)</font></td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; text-indent: -9pt; padding-left: 9pt"><font style="font-family: Times New Roman, Times, Serif">Denominator: Weighted Average Non-redeemable common stock</font></td><td><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: right"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 4pt; text-indent: -9pt; padding-left: 9pt"><font style="font-family: Times New Roman, Times, Serif">Basic and diluted weighted average shares outstanding, Non-redeemable common stock</font></td><td style="font-weight: bold; padding-bottom: 4pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="border-bottom: Black 4pt double; font-weight: bold; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="border-bottom: Black 4pt double; font-weight: bold; text-align: right"><font style="font-family: Times New Roman, Times, Serif">7,022,565</font></td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; padding-bottom: 4pt; text-indent: -9pt; padding-left: 9pt"><font style="font-family: Times New Roman, Times, Serif">Basic and diluted net loss per share, Non-redeemable common stock</font></td><td style="font-weight: bold; padding-bottom: 4pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="border-bottom: Black 4pt double; font-weight: bold; text-align: left"><font style="font-family: Times New Roman, Times, Serif">$</font></td><td style="border-bottom: Black 4pt double; font-weight: bold; text-align: right"><font style="font-family: Times New Roman, Times, Serif">(0.04</font></td><td style="padding-bottom: 4pt; font-weight: bold; text-align: left"><font style="font-family: Times New Roman, Times, Serif">)</font></td></tr> </table> 4610 4418 -9028 26527008 -252841 7022565 -0.04 <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>NOTE 4. PUBLIC OFFERING</b></font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Pursuant to the Initial Public Offering, the Company sold 28,750,000 Units, which includes the full exercise by the underwriters of their over-allotment option in the amount of 3,750,000 Units, at a purchase price of $10.00 per Unit. Each Unit consists of one share of Class&#xa0;A common stock and one-fifth of one redeemable warrant (&#x201c;Public Warrant&#x201d;). Each Public Warrant entitles the holder to purchase one share of Class&#xa0;A common stock at an exercise price of $11.50 per whole share (see Note 9).</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">Transaction costs amounted to $16,318,918, consisting of $5,750,000 of underwriting fees, $10,062,500 of deferred underwriting fees and $506,418 of other offering costs. In addition, cash of $1,712,100 was held outside of the Trust Account and is available for the payment of offering costs and for working capital purposes.</font></p><br/> 28750000 3750000 10.00 Each Unit consists of one share of Class A common stock and one-fifth of one redeemable warrant (&#x201c;Public Warrant&#x201d;). Each Public Warrant entitles the holder to purchase one share of Class A common stock at an exercise price of $11.50 per whole share (see Note 9). 5750000 506418 1712100 <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>NOTE 5. PRIVATE PLACEMENT</b></font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Simultaneously with the closing of the Initial Public Offering, the Sponsor purchased an aggregate of 5,000,000 Private Placement Warrants at a price of $1.50 per Private Placement Warrant, or $7,500,000 in the aggregate. Each Private Placement Warrant exercisable to purchase one share of Class&#xa0;A common stock at a price of $11.50 per share. The proceeds from the sale of the Private Placement Warrants were added to the net proceeds from the Initial Public Offering held in the Trust Account. If the Company does not complete a Business Combination within the Combination Period, the proceeds from the sale of the Private Placement Warrants will be used to fund the redemption of the Public Shares (subject to the requirements of applicable law) and the Private Placement Warrants will expire worthless.</font></p><br/> 5000000 1.50 7500000 1 11.50 <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>NOTE 6. RELATED PARTY TRANSACTIONS</b></font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Founder Shares</i></b></font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On January 13, 2021, the Sponsor paid $25,000 to cover certain offering costs of the Company in consideration for 7,187,500 shares of Class&#xa0;B common stock (the &#x201c;Founder Shares&#x201d;). The Founder Shares included an aggregate of up to 937,500 shares subject to forfeiture by the Sponsor to the extent that the underwriter&#x2019;s over-allotment was not exercised in full or in part, so that the Sponsor would collectively own, on an as-converted basis, 20% of the Company&#x2019;s issued and outstanding shares after the Initial Public Offering (assuming the Sponsor did not purchase any Public Shares in the Initial Public Offering). As a result of the underwriters&#x2019; election to fully exercise their over-allotment, no Founder Shares are currently subject to forfeiture.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Sponsor has agreed, subject to certain limited exceptions, not to transfer, assign or sell any of the Founder Shares until (i) with respect to 50% of such shares, for a period ending on the earlier of the one-year anniversary of the date of the consummation of the initial Business Combination and the date on which the closing price of the Company&#x2019;s Class A common stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock capitalizations, reorganizations, recapitalizations and the like) for any 20 trading days within a 30-trading day period following the consummation of a Business Combination and (ii) with respect to the remaining 50% of such shares, for a period ending on the one-year anniversary of the date of the consummation of a Business Combination, or, in either case, earlier if, subsequent to a Business Combination, the Company consummates a liquidation, merger, stock exchange or other similar transaction which results in all of the stockholders having the right to exchange their shares of common stock for cash, securities or other property.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Administrative Services Agreement</i></b></font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company entered into an agreement, commencing on March 4, 2021, pursuant to which the Company will pay the Sponsor a total of up to $10,000 per month for office space, administrative and support services. Upon completion of the Business Combination or the Company&#x2019;s liquidation, the agreement will terminate and the Company will cease paying these monthly fees. For the three months ended March 31, 2021, the Company incurred and paid $10,000 in fees for these services.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Promissory Note &#x2014; Related Party</i></b></font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On January 13, 2021, the Sponsor issued an unsecured promissory note to the Company (the &#x201c;Promissory Note&#x201d;), pursuant to which the Company could borrow up to an aggregate principal amount of $300,000. The Promissory Note was non-interest bearing and was payable on the earlier of (i)&#xa0;December 31, 2021 or (ii)&#xa0;the consummation of the Initial Public Offering. As of March 9, 2021, there was $166,493 outstanding under the Promissory Note, which was repaid on March 10, 2021.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Related Party Loans</i></b></font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In order to finance transaction costs in connection with a Business Combination, the Sponsor or an affiliate of the Sponsor or certain of the Company&#x2019;s directors and officers may, but are not obligated to, loan the Company funds as may be required (&#x201c;Working Capital Loans&#x201d;). If the Company completes a Business Combination, the Company would repay the Working Capital Loans out of the proceeds of the Trust Account released to the Company. Otherwise, the Working Capital Loans would be repaid only out of funds held outside the Trust Account. In the event that a Business Combination does not close, the Company may use a portion of proceeds held outside the Trust Account to repay the Working Capital Loans, but no proceeds held in the Trust Account would be used to repay the Working Capital Loans. Except for the foregoing, the terms of such Working Capital Loans, if any, have not been determined and no written agreements exist with respect to such loans. The Working Capital Loans would either be repaid upon consummation of a Business Combination, without interest, or, at the lender&#x2019;s discretion, up to $1,500,000 of such Working Capital Loans may be convertible into warrants of the post-Business Combination entity at a price of $1.50 per warrant. The warrants would be identical to the Private Placement Warrants.</font></p><br/> 25000 7187500 937500 0.20 The Sponsor has agreed, subject to certain limited exceptions, not to transfer, assign or sell any of the Founder Shares until (i) with respect to 50% of such shares, for a period ending on the earlier of the one-year anniversary of the date of the consummation of the initial Business Combination and the date on which the closing price of the Company&#x2019;s Class A common stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock capitalizations, reorganizations, recapitalizations and the like) for any 20 trading days within a 30-trading day period following the consummation of a Business Combination and (ii) with respect to the remaining 50% of such shares, for a period ending on the one-year anniversary of the date of the consummation of a Business Combination, or, in either case, earlier if, subsequent to a Business Combination, the Company consummates a liquidation, merger, stock exchange or other similar transaction which results in all of the stockholders having the right to exchange their shares of common stock for cash, securities or other property. 10000 10000 300000 166493 1500000 1.50 <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>NOTE 7. COMMITMENTS AND CONTINGENCIES</b></font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Registration Rights</i></b></font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pursuant to a registration rights agreement entered into on March 4, 2021, the holders of the Founder Shares, Private Placement Warrants and any warrants that may be issued upon conversion of the Working Capital Loans (and any shares of Class&#xa0;A common stock issuable upon the exercise of the Private Placement Warrants and warrants that may be issued upon conversion of Working Capital Loans) have registration rights requiring the Company to register a sale of any of the securities held by them prior to the consummation of a Business Combination. The holders of these securities will be entitled to make up to three demands, excluding short form registration demands, that the Company register such securities. In addition, the holders have certain &#x201c;piggy-back&#x201d; registration rights with respect to registration statements filed subsequent to the completion of a Business Combination. The registration rights agreement does not contain liquidated damages or other cash settlement provisions resulting from delays in registering the Company&#x2019;s securities. The Company will bear the expenses incurred in connection with the filing of any such registration statements.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Underwriting Agreement</i></b></font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The underwriters are entitled to a deferred fee of $0.35 per Unit, or $10,062,500 in the aggregate. The deferred fee will become payable to the underwriters from the amounts held in the Trust Account solely in the event that the Company completes a Business Combination, subject to the terms of the underwriting agreement.</font></p><br/> 0.35 10062500 <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>NOTE 8. STOCKHOLDERS&#x2019; EQUITY</b></font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Preferred Stock</i> &#x2014;</b> The Company is authorized to issue 1,000,000 shares of $0.0001 par value preferred stock. At March 31, 2021, there were no shares of preferred stock issued or outstanding.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Class&#xa0;A Common Stock</i></b> &#x2014; The Company is authorized to issue up to 380,000,000 shares of Class&#xa0;A, $0.0001 par value common stock. Holders of the Company&#x2019;s common stock are entitled to one vote for each share. At March 31, 2021, there were 2,222,061 of Class&#xa0;A common stock issued and outstanding, excluding 26,527,939 shares of Class&#xa0;A common stock subject to possible redemption.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Class&#xa0;B Common Stock</i></b> &#x2014; The Company is authorized to issue up to 20,000,000 shares of Class&#xa0;B, $0.0001 par value common stock. Holders of the Company&#x2019;s common stock are entitled to one vote for each share. At March 31, 2021, there were 7,187,500 shares of Class&#xa0;B common stock issued and outstanding.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Holders of Class&#xa0;A common stock and Class&#xa0;B common stock will vote together as a single class on all other matters submitted to a vote of stockholders, except as required by law.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The shares of Class&#xa0;B common stock will automatically convert into shares of Class&#xa0;A common stock concurrently with or immediately following the consummation of a Business Combination on a one-for-one basis, subject to adjustment. In the case that additional shares of Class&#xa0;A common stock or equity-linked securities are issued or deemed issued in connection with a Business Combination, the number of shares of Class&#xa0;A common stock issuable upon conversion of all shares of Class&#xa0;B common stock will equal, in the aggregate, on an as-converted basis, 20% of the total number of shares of Class&#xa0;A common stock outstanding after such conversion (after giving effect to any redemptions of shares of Class&#xa0;A common stock by public stockholders), including the total number of shares of Class&#xa0;A common stock issued, or deemed issued or issuable upon conversion or exercise of any equity-linked securities or rights issued or deemed issued, by the Company in connection with or in relation to the consummation of a Business Combination, excluding any shares of Class&#xa0;A common stock or equity-linked securities or rights exercisable for or convertible into shares of Class&#xa0;A common stock issued, or to be issued, to any seller in a Business Combination and any Private Placement Warrants issued to the Sponsor, officers or directors upon conversion of Working Capital Loans, provided that such conversion of shares of Class&#xa0;B common stock will never occur on a less than one-for-one basis.</font></p><br/> 26527939 0.20 <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>NOTE 9. WARRANTS</b></font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Public Warrants may only be exercised for a whole number of shares. No fractional shares will be issued upon exercise of the Public Warrants. The Public Warrants will become exercisable 30&#xa0;days after the consummation of a Business Combination. The Public Warrants will expire five years from the consummation of a Business Combination or earlier upon redemption or liquidation.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company will not be obligated to deliver any Class&#xa0;A common stock pursuant to the exercise of a warrant and will have no obligation to settle such warrant exercise unless a registration statement under the Securities Act with respect to the Class&#xa0;A common stock underlying the warrants is then effective and a prospectus relating thereto is current, subject to the Company satisfying its obligations with respect to registration. No warrant will be exercisable and the Company will not be obligated to issue a share of Class&#xa0;A common stock upon exercise of a warrant unless the share of Class&#xa0;A common stock issuable upon such warrant exercise has been registered, qualified or deemed to be exempt under the securities laws of the state of residence of the registered holder of the warrants.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company has agreed that as soon as practicable, but in no event later than twenty (20) business days after the closing of a Business Combination, the Company will use its best efforts to file with the SEC a registration statement for the registration, under the Securities Act, of the Class&#xa0;A common stock issuable upon exercise of the warrants. The Company will use its best efforts to cause the same to become effective and to maintain the effectiveness of such registration statement, and a current prospectus relating thereto, until the expiration or redemption of the warrants in accordance with the provisions of the warrant agreement. If a registration statement covering the shares of Class&#xa0;A common stock issuable upon exercise of the warrants is not effective by the sixtieth (60th) business day after the closing of a Business Combination, warrant holders may, until such time as there is an effective registration statement and during any period when the Company will have failed to maintain an effective registration statement, exercise warrants on a &#x201c;cashless basis&#x201d; in accordance with Section&#xa0;3(a)(9) of the Securities Act or another exemption. Notwithstanding the above, if the Class&#xa0;A common stock are at the time of any exercise of a warrant not listed on a national securities exchange such that they satisfy the definition of a &#x201c;covered security&#x201d; under Section&#xa0;18(b)(1) of the Securities Act, the Company may, at its option, require holders of Public Warrants who exercise their warrants to do so on a &#x201c;cashless basis&#x201d; in accordance with Section&#xa0;3(a)(9) of the Securities Act and, in the event the Company so elects, the Company will not be required to file or maintain in effect a registration statement, and in the event the Company does not so elect, the Company will use its best efforts to register or qualify the shares under applicable blue sky laws to the extent an exemption is not available.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Once the warrants become exercisable, the Company may redeem the outstanding warrants:</font></p><br/><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify; width: 0.25in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#xa0;</font></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify; width: 0.25in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#x25cf;</font></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">in whole and not in part;</font></td></tr> </table><br/><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify; width: 0.25in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#xa0;</font></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify; width: 0.25in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#x25cf;</font></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">at a price of $0.01 per warrant;</font></td></tr> </table><br/><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify; width: 0.25in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#xa0;</font></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify; width: 0.25in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#x25cf;</font></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">upon a minimum of 30&#xa0;days&#x2019; prior written notice of redemption to each warrant holder; and</font></td></tr> </table><br/><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify; width: 0.25in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#xa0;</font></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify; width: 0.25in"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#x25cf;</font></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">if, and only if, the closing price of the Class&#xa0;A common stock for any 20 trading days within a 30-trading day period ending three trading days before the Company sends the notice of redemption to the warrant holders equals or exceeds $18.00 per share (as adjusted).</font></td></tr> </table><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">If and when the warrants become redeemable by the Company, the Company may exercise its redemption right even if it is unable to register or qualify the underlying securities for sale under all applicable state securities laws.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The exercise price and number of Class&#xa0;A common stock issuable upon exercise of the Public Warrants may be adjusted in certain circumstances including in the event of a share dividend, extraordinary dividend or recapitalization, reorganization, merger or consolidation. However, except as described below, the Public Warrants will not be adjusted for issuances of Class&#xa0;A common stock at a price below its exercise price. Additionally, in no event will the Company be required to net cash settle the Public Warrants. If the Company is unable to complete a Business Combination within the Combination Period and the Company liquidates the funds held in the Trust Account, holders of Public Warrants will not receive any of such funds with respect to their Public Warrants, nor will they receive any distribution from the Company&#x2019;s assets held outside of the Trust Account with respect to such Public Warrants. Accordingly, the Public Warrants may expire worthless.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In addition, if (x)&#xa0;the Company issues additional shares of Class&#xa0;A common stock or equity-linked securities for capital raising purposes in connection with the closing of its Business Combination at an issue price or effective issue price of less than $9.20 per share of Class&#xa0;A common stock (with such issue price or effective issue price to be determined in good faith by the Company&#x2019;s board of directors and, in the case of any such issuance to the Sponsor or its affiliates, without taking into account any Founder Shares held by the Sponsor or such affiliates, as applicable, prior to such issuance) (the &#x201c;Newly Issued Price&#x201d;), (y)&#xa0;the aggregate gross proceeds from such issuances represent more than 60% of the total equity proceeds, and interest thereon, available for the funding of the Company&#x2019;s initial Business Combination on the date of the consummation of such initial Business Combination (net of redemptions), and (z)&#xa0;the volume weighted average trading price of the Company&#x2019;s common stock during the 20 trading day period starting on the trading day prior to the day on which the Company consummates its initial Business Combination (such price, the &#x201c;Market Value&#x201d;) is below $9.20 per share, the exercise price of the warrants will be adjusted (to the nearest cent) to be equal to 115% of the higher of the Market Value and the Newly Issued Price and the $18.00 per share redemption trigger price described above will be adjusted (to the nearest cent) to be equal to 80% of the higher of the Market Value and the Newly Issued Price.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Private Placement Warrants are identical to the Public Warrants underlying the Units sold in the Initial Public Offering, except that the Private Placement Warrants will and the common shares issuable upon the exercise of the Private Placement Warrants will not be transferable, assignable or salable until 30&#xa0;days after the completion of a Business Combination, subject to certain limited exceptions. Additionally, the Private Placement Warrants will be exercisable on a cashless basis and will be non-redeemable so long as they are held by the initial purchasers or their permitted transferees. If the Private Placement Warrants are held by someone other than the initial purchasers or their permitted transferees, the Private Placement Warrants will be redeemable by the Company and exercisable by such holders on the same basis as the Public Warrants.</font></p><br/> P5Y Once the warrants become exercisable, the Company may redeem the outstanding warrants: &#x25cf; in whole and not in part; &#x25cf; at a price of $0.01 per warrant; &#x25cf; upon a minimum of 30 days&#x2019; prior written notice of redemption to each warrant holder; and &#x25cf; if, and only if, the closing price of the Class A common stock for any 20 trading days within a 30-trading day period ending three trading days before the Company sends the notice of redemption to the warrant holders equals or exceeds $18.00 per share (as adjusted). 9.20 0.60 9.20 1.15 18.00 0.80 <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>NOTE 10. FAIR VALUE MEASUREMENTS</b></font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company follows the guidance in ASC 820 for its financial assets and liabilities that are re-measured and reported at fair value at each reporting period, and non-financial assets and liabilities that are re-measured and reported at fair value at least annually.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The fair value of the Company&#x2019;s financial assets and liabilities reflects management&#x2019;s estimate of amounts that the Company would have received in connection with the sale of the assets or paid in connection with the transfer of the liabilities in an orderly transaction between market participants at the measurement date. In connection with measuring the fair value of its assets and liabilities, the Company seeks to maximize the use of observable inputs (market data obtained from independent sources) and to minimize the use of unobservable inputs (internal assumptions about how market participants would price assets and liabilities). The following fair value hierarchy is used to classify assets and liabilities based on the observable inputs and unobservable inputs used in order to value the assets and liabilities:</font></p><br/><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#xa0;</font></td> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.65in; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Level&#xa0;1:</font></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Quoted prices in active markets for identical assets or liabilities. An active market for an asset or liability is a market in which transactions for the asset or liability occur with sufficient frequency and volume to provide pricing information on an ongoing basis.</font></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#xa0;</font></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#xa0;</font></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#xa0;</font></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#xa0;</font></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Level&#xa0;2:</font></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Observable inputs other than Level 1 inputs. Examples of Level 2 inputs include quoted prices in active markets for similar assets or liabilities and quoted prices for identical assets or liabilities in markets that are not active.</font></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#xa0;</font></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#xa0;</font></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#xa0;</font></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#xa0;</font></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Level&#xa0;3:</font></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Unobservable inputs based on our assessment of the assumptions that market participants would use in pricing the asset or liability.</font></td></tr> </table><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table presents information about the Company&#x2019;s assets that are measured at fair value on a recurring basis at March 31, 2021, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:</font></p><br/><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="border-bottom: black 1.5pt solid"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Description</b></font></td> <td style="padding-bottom: 1.5pt; text-align: center"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Level</b></font></td> <td style="padding-bottom: 1.5pt; text-align: center"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>March&#xa0;31,<br/> 2021</b></font></td> <td style="padding-bottom: 1.5pt; text-align: center"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr> <td style="vertical-align: top; padding-left: 9pt; text-indent: -9pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Assets:</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom; text-align: center"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom; text-align: right"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="background-color: #CCEEFF"> <td style="vertical-align: top; width: 78%; padding-left: 9pt; text-indent: -9pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Marketable securities held in Trust Account</font></td> <td style="vertical-align: bottom; width: 1%"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom; width: 9%; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1</font></td> <td style="vertical-align: bottom; width: 1%"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom; width: 1%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</font></td> <td style="vertical-align: bottom; width: 9%; text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">287,509,784</font></td> <td style="vertical-align: bottom; width: 1%"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr> <td style="vertical-align: top; padding-left: 9pt; text-indent: -9pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Liabilities:</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom; text-align: center"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom; text-align: right"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="background-color: #CCEEFF"> <td style="vertical-align: top; padding-left: 9pt; text-indent: -9pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Warrant Liability &#x2013; Public Warrants</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom; text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">4,427,500</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr> <td style="vertical-align: top; padding-left: 9pt; text-indent: -9pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Warrant Liability &#x2013; Private Placement Warrants</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom; text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3,900,000</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> </table><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Private Placement and Public Warrants were initially valued using a Binomial Lattice Model, which is considered to be a Level 3 fair value measurement. The Binomial Lattice Model&#x2019;s primary unobservable input utilized in determining the fair value of the Public and Private Placement Warrants is the expected volatility of the common stock. The expected volatility as of the IPO date was derived from observable public warrant pricing on comparable &#x2018;blank-check&#x2019; companies without an identified target. The expected volatility as of subsequent valuation dates was implied from the Company&#x2019;s own public warrant pricing. A Binomial Lattice Model was used in estimating the fair value of the Public Warrants for periods where no observable traded price were available, using the same expected volatility as was used in measuring the fair value of the Private Placement Warrants. For periods subsequent to the detachment of the warrants from the Units, the closing price of the Public Warrants was used as the fair value as of each relevant date.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The key inputs into the Binomial Lattice Model for the initial measurement of Public Warrants and Private Placement Warrants and subsequent measurement of the Private Place Warrants are as follows:</font></p><br/><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="border-bottom: black 1.5pt solid"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Term</b></font></td> <td style="padding-bottom: 1.5pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>March&#xa0;9, <br/> 2021</b></font></td> <td style="padding-bottom: 1.5pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="padding-bottom: 1.5pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>March&#xa0;31, <br/> 2021</b></font></td> <td style="padding-bottom: 1.5pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="vertical-align: top; width: 76%; padding-left: 9pt; text-indent: -9pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Risk-free interest rate</font></td> <td style="vertical-align: bottom; width: 1%"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom; width: 1%"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom; width: 9%; text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.00</font></td> <td style="vertical-align: bottom; width: 1%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</font></td> <td style="vertical-align: bottom; width: 1%"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom; width: 1%"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom; width: 9%; text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">0.99</font></td> <td style="vertical-align: bottom; width: 1%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</font></td></tr> <tr> <td style="vertical-align: top; padding-left: 9pt; text-indent: -9pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Market price of public stock</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</font></td> <td style="vertical-align: bottom; text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">9.84</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</font></td> <td style="vertical-align: bottom; text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">9.85</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="vertical-align: top; padding-left: 9pt; text-indent: -9pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Dividend Yield</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom; text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">0.00</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom; text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">0.00</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</font></td></tr> <tr> <td style="vertical-align: top; padding-left: 9pt; text-indent: -9pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Implied volatility</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom; text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">13.1</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom; text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">13.1</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</font></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="vertical-align: top; padding-left: 9pt; text-indent: -9pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exercise price</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom; text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">11.50</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</font></td> <td style="vertical-align: bottom; text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">11.50</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr> <td style="vertical-align: top; padding-left: 9pt; text-indent: -9pt">Probability of Business Combination</td> <td style="vertical-align: bottom">&#xa0;</td> <td style="vertical-align: bottom">&#xa0;</td> <td style="vertical-align: bottom; text-align: right">75</td> <td style="vertical-align: bottom">%</td> <td style="vertical-align: bottom">&#xa0;</td> <td style="vertical-align: bottom">&#xa0;</td> <td style="vertical-align: bottom; text-align: right">75</td> <td style="vertical-align: bottom">%</td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="vertical-align: top; padding-left: 9pt; text-indent: -9pt">Term (years)</td> <td style="vertical-align: bottom">&#xa0;</td> <td style="vertical-align: bottom">&#xa0;</td> <td style="vertical-align: bottom; text-align: right">5</td> <td style="vertical-align: bottom">&#xa0;</td> <td style="vertical-align: bottom">&#xa0;</td> <td style="vertical-align: bottom">&#xa0;</td> <td style="vertical-align: bottom; text-align: right">5</td> <td style="vertical-align: bottom">&#xa0;</td></tr> </table><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On March 31, 2021, the Private Placement Warrants and Public Warrants were determined to be valued at $0.78 and $0.77 per warrant for aggregate values of $3.9 million and $4.4 million, respectively.</font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table presents the changes in the fair value of warrant liabilities:</font></p><br/><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="text-indent: -0.125in; padding-left: 0.125in; vertical-align: bottom; text-align: center"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: center; font-weight: bold; padding-bottom: 1.5pt; vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font-family: Times New Roman, Times, Serif">Private <br/> Placement</font></td><td style="text-align: center; padding-bottom: 1.5pt; font-weight: bold; vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: center; font-weight: bold; padding-bottom: 1.5pt; vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font-family: Times New Roman, Times, Serif">Public</font></td><td style="text-align: center; padding-bottom: 1.5pt; font-weight: bold; vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: center; font-weight: bold; padding-bottom: 1.5pt; vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font-family: Times New Roman, Times, Serif">Warrant<br/> Liabilities</font></td><td style="text-align: center; padding-bottom: 1.5pt; font-weight: bold; vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; width: 64%; text-align: left"><font style="font-family: Times New Roman, Times, Serif">Fair value as of March 9, 2021</font></td><td style="width: 1%"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="width: 1%; text-align: left"><font style="font-family: Times New Roman, Times, Serif">$</font></td><td style="width: 9%; text-align: right"><font style="font-family: Times New Roman, Times, Serif">3,950,000</font></td><td style="width: 1%; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="width: 1%"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="width: 1%; text-align: left"><font style="font-family: Times New Roman, Times, Serif">$</font></td><td style="width: 9%; text-align: right"><font style="font-family: Times New Roman, Times, Serif">4,485,000</font></td><td style="width: 1%; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="width: 1%"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="width: 1%; text-align: left"><font style="font-family: Times New Roman, Times, Serif">$</font></td><td style="width: 9%; text-align: right"><font style="font-family: Times New Roman, Times, Serif">8,435,000</font></td><td style="width: 1%; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; "> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1.5pt"><font style="font-family: Times New Roman, Times, Serif">Change in valuation inputs or other assumptions</font></td><td style="padding-bottom: 1.5pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="border-bottom: Black 1.5pt solid; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="border-bottom: Black 1.5pt solid; text-align: right"><font style="font-family: Times New Roman, Times, Serif">(50,000</font></td><td style="padding-bottom: 1.5pt; text-align: left"><font style="font-family: Times New Roman, Times, Serif">)</font></td><td style="padding-bottom: 1.5pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="border-bottom: Black 1.5pt solid; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="border-bottom: Black 1.5pt solid; text-align: right"><font style="font-family: Times New Roman, Times, Serif">(57,500</font></td><td style="padding-bottom: 1.5pt; text-align: left"><font style="font-family: Times New Roman, Times, Serif">)</font></td><td style="padding-bottom: 1.5pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="border-bottom: Black 1.5pt solid; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="border-bottom: Black 1.5pt solid; text-align: right"><font style="font-family: Times New Roman, Times, Serif">(107,500</font></td><td style="padding-bottom: 1.5pt; text-align: left"><font style="font-family: Times New Roman, Times, Serif">)</font></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 4pt"><font style="font-family: Times New Roman, Times, Serif">Fair value as of March 31, 2021</font></td><td style="padding-bottom: 4pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="border-bottom: Black 4pt double; text-align: left"><font style="font-family: Times New Roman, Times, Serif">$</font></td><td style="border-bottom: Black 4pt double; text-align: right"><font style="font-family: Times New Roman, Times, Serif">3,900,000</font></td><td style="padding-bottom: 2pt; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="padding-bottom: 4pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="border-bottom: Black 4pt double; text-align: left"><font style="font-family: Times New Roman, Times, Serif">$</font></td><td style="border-bottom: Black 4pt double; text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">4,427,500</font></td><td style="padding-bottom: 2pt; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="padding-bottom: 4pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="border-bottom: Black 4pt double; text-align: left"><font style="font-family: Times New Roman, Times, Serif">$</font></td><td style="border-bottom: Black 4pt double; text-align: right"><font style="font-family: Times New Roman, Times, Serif">8,327,500</font></td><td style="padding-bottom: 2pt; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> </table><br/><p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">During the three-month period ended March 31, 2021 there were no transfers out of Level 3.</font></p><br/> 0.78 0.77 3900000 4400000 <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="border-bottom: black 1.5pt solid"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Description</b></font></td> <td style="padding-bottom: 1.5pt; text-align: center"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Level</b></font></td> <td style="padding-bottom: 1.5pt; text-align: center"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>March&#xa0;31,<br/> 2021</b></font></td> <td style="padding-bottom: 1.5pt; text-align: center"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr> <td style="vertical-align: top; padding-left: 9pt; text-indent: -9pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Assets:</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom; text-align: center"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom; text-align: right"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="background-color: #CCEEFF"> <td style="vertical-align: top; width: 78%; padding-left: 9pt; text-indent: -9pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Marketable securities held in Trust Account</font></td> <td style="vertical-align: bottom; width: 1%"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom; width: 9%; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1</font></td> <td style="vertical-align: bottom; width: 1%"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom; width: 1%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</font></td> <td style="vertical-align: bottom; width: 9%; text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">287,509,784</font></td> <td style="vertical-align: bottom; width: 1%"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr> <td style="vertical-align: top; padding-left: 9pt; text-indent: -9pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Liabilities:</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom; text-align: center"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom; text-align: right"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="background-color: #CCEEFF"> <td style="vertical-align: top; padding-left: 9pt; text-indent: -9pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Warrant Liability &#x2013; Public Warrants</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom; text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">4,427,500</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr> <td style="vertical-align: top; padding-left: 9pt; text-indent: -9pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Warrant Liability &#x2013; Private Placement Warrants</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom; text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3,900,000</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> </table> 287509784 4427500 3900000 <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="border-bottom: black 1.5pt solid"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Term</b></font></td> <td style="padding-bottom: 1.5pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>March&#xa0;9, <br/> 2021</b></font></td> <td style="padding-bottom: 1.5pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="padding-bottom: 1.5pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td colspan="2" style="border-bottom: black 1.5pt solid; text-align: center"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>March&#xa0;31, <br/> 2021</b></font></td> <td style="padding-bottom: 1.5pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="vertical-align: top; width: 76%; padding-left: 9pt; text-indent: -9pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Risk-free interest rate</font></td> <td style="vertical-align: bottom; width: 1%"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom; width: 1%"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom; width: 9%; text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.00</font></td> <td style="vertical-align: bottom; width: 1%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</font></td> <td style="vertical-align: bottom; width: 1%"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom; width: 1%"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom; width: 9%; text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">0.99</font></td> <td style="vertical-align: bottom; width: 1%"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</font></td></tr> <tr> <td style="vertical-align: top; padding-left: 9pt; text-indent: -9pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Market price of public stock</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</font></td> <td style="vertical-align: bottom; text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">9.84</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</font></td> <td style="vertical-align: bottom; text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">9.85</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="vertical-align: top; padding-left: 9pt; text-indent: -9pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Dividend Yield</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom; text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">0.00</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom; text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">0.00</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</font></td></tr> <tr> <td style="vertical-align: top; padding-left: 9pt; text-indent: -9pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Implied volatility</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom; text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">13.1</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom; text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">13.1</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</font></td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="vertical-align: top; padding-left: 9pt; text-indent: -9pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Exercise price</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom; text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">11.50</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</font></td> <td style="vertical-align: bottom; text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">11.50</font></td> <td style="vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr> <td style="vertical-align: top; padding-left: 9pt; text-indent: -9pt">Probability of Business Combination</td> <td style="vertical-align: bottom">&#xa0;</td> <td style="vertical-align: bottom">&#xa0;</td> <td style="vertical-align: bottom; text-align: right">75</td> <td style="vertical-align: bottom">%</td> <td style="vertical-align: bottom">&#xa0;</td> <td style="vertical-align: bottom">&#xa0;</td> <td style="vertical-align: bottom; text-align: right">75</td> <td style="vertical-align: bottom">%</td></tr> <tr style="background-color: rgb(204,238,255)"> <td style="vertical-align: top; padding-left: 9pt; text-indent: -9pt">Term (years)</td> <td style="vertical-align: bottom">&#xa0;</td> <td style="vertical-align: bottom">&#xa0;</td> <td style="vertical-align: bottom; text-align: right">5</td> <td style="vertical-align: bottom">&#xa0;</td> <td style="vertical-align: bottom">&#xa0;</td> <td style="vertical-align: bottom">&#xa0;</td> <td style="vertical-align: bottom; text-align: right">5</td> <td style="vertical-align: bottom">&#xa0;</td></tr> </table> 0.0100 0.0099 9.84 9.85 0.0000 0.0000 0.131 0.131 11.50 11.50 0.75 0.75 P5Y P5Y <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="text-indent: -0.125in; padding-left: 0.125in; vertical-align: bottom; text-align: center"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: center; font-weight: bold; padding-bottom: 1.5pt; vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font-family: Times New Roman, Times, Serif">Private <br/> Placement</font></td><td style="text-align: center; padding-bottom: 1.5pt; font-weight: bold; vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: center; font-weight: bold; padding-bottom: 1.5pt; vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font-family: Times New Roman, Times, Serif">Public</font></td><td style="text-align: center; padding-bottom: 1.5pt; font-weight: bold; vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="text-align: center; font-weight: bold; padding-bottom: 1.5pt; vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td colspan="2" style="border-bottom: Black 1.5pt solid; vertical-align: bottom; font-weight: bold; text-align: center"><font style="font-family: Times New Roman, Times, Serif">Warrant<br/> Liabilities</font></td><td style="text-align: center; padding-bottom: 1.5pt; font-weight: bold; vertical-align: bottom"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; width: 64%; text-align: left"><font style="font-family: Times New Roman, Times, Serif">Fair value as of March 9, 2021</font></td><td style="width: 1%"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="width: 1%; text-align: left"><font style="font-family: Times New Roman, Times, Serif">$</font></td><td style="width: 9%; text-align: right"><font style="font-family: Times New Roman, Times, Serif">3,950,000</font></td><td style="width: 1%; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="width: 1%"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="width: 1%; text-align: left"><font style="font-family: Times New Roman, Times, Serif">$</font></td><td style="width: 9%; text-align: right"><font style="font-family: Times New Roman, Times, Serif">4,485,000</font></td><td style="width: 1%; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="width: 1%"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="width: 1%; text-align: left"><font style="font-family: Times New Roman, Times, Serif">$</font></td><td style="width: 9%; text-align: right"><font style="font-family: Times New Roman, Times, Serif">8,435,000</font></td><td style="width: 1%; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> <tr style="vertical-align: bottom; "> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 1.5pt"><font style="font-family: Times New Roman, Times, Serif">Change in valuation inputs or other assumptions</font></td><td style="padding-bottom: 1.5pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="border-bottom: Black 1.5pt solid; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="border-bottom: Black 1.5pt solid; text-align: right"><font style="font-family: Times New Roman, Times, Serif">(50,000</font></td><td style="padding-bottom: 1.5pt; text-align: left"><font style="font-family: Times New Roman, Times, Serif">)</font></td><td style="padding-bottom: 1.5pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="border-bottom: Black 1.5pt solid; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="border-bottom: Black 1.5pt solid; text-align: right"><font style="font-family: Times New Roman, Times, Serif">(57,500</font></td><td style="padding-bottom: 1.5pt; text-align: left"><font style="font-family: Times New Roman, Times, Serif">)</font></td><td style="padding-bottom: 1.5pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="border-bottom: Black 1.5pt solid; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="border-bottom: Black 1.5pt solid; text-align: right"><font style="font-family: Times New Roman, Times, Serif">(107,500</font></td><td style="padding-bottom: 1.5pt; text-align: left"><font style="font-family: Times New Roman, Times, Serif">)</font></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="vertical-align: top; text-indent: -0.125in; padding-left: 0.125in; text-align: left; padding-bottom: 4pt"><font style="font-family: Times New Roman, Times, Serif">Fair value as of March 31, 2021</font></td><td style="padding-bottom: 4pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="border-bottom: Black 4pt double; text-align: left"><font style="font-family: Times New Roman, Times, Serif">$</font></td><td style="border-bottom: Black 4pt double; text-align: right"><font style="font-family: Times New Roman, Times, Serif">3,900,000</font></td><td style="padding-bottom: 2pt; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="padding-bottom: 4pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="border-bottom: Black 4pt double; text-align: left"><font style="font-family: Times New Roman, Times, Serif">$</font></td><td style="border-bottom: Black 4pt double; text-align: right"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">4,427,500</font></td><td style="padding-bottom: 2pt; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td><td style="padding-bottom: 4pt"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td> <td style="border-bottom: Black 4pt double; text-align: left"><font style="font-family: Times New Roman, Times, Serif">$</font></td><td style="border-bottom: Black 4pt double; text-align: right"><font style="font-family: Times New Roman, Times, Serif">8,327,500</font></td><td style="padding-bottom: 2pt; text-align: left"><font style="font-family: Times New Roman, Times, Serif">&#xa0;</font></td></tr> </table> 3950000 4485000 8435000 -50000 -57500 -107500 3900000 4427500 8327500 <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>NOTE 11. SUBSEQUENT EVENTS</b></font></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><font style="font-family: Times New Roman, Times, Serif">The Company evaluated subsequent events and transactions that occurred after the balance sheet date up to the date that the condensed financial statements were issued. The Company did not identify any subsequent events that would have required adjustment or disclosure in the condensed financial statements.</font></p><br/> EX-101.SCH 5 ipvi-20210331.xsd XBRL SCHEMA FILE 001 - Statement - Condensed Balance Sheet link:presentationLink link:definitionLink link:calculationLink 002 - Statement - Condensed Balance Sheet (Parentheticals) link:presentationLink link:definitionLink link:calculationLink 003 - Statement - Condensed Statement of Operations (Unaudited) link:presentationLink link:definitionLink link:calculationLink 004 - Statement - Condensed Statement of Changes in Stockholders’ Equity (Unaudited) link:presentationLink link:definitionLink link:calculationLink 005 - Statement - Condensed Statement of Changes in Stockholders’ Equity (Unaudited) (Parentheticals) link:presentationLink link:definitionLink link:calculationLink 006 - Statement - Condensed Statement of Cash Flows (Unaudited) link:presentationLink link:definitionLink link:calculationLink 007 - Disclosure - Description of Organization and Business Operations link:presentationLink link:definitionLink link:calculationLink 008 - Disclosure - Revision of Previously Issued Financial Statement link:presentationLink link:definitionLink link:calculationLink 009 - Disclosure - Summary of Significant Accounting Policies link:presentationLink link:definitionLink link:calculationLink 010 - Disclosure - Public Offering link:presentationLink link:definitionLink link:calculationLink 011 - Disclosure - Private Placement link:presentationLink link:definitionLink link:calculationLink 012 - Disclosure - Related Party Transactions link:presentationLink link:definitionLink link:calculationLink 013 - Disclosure - Commitments and Contingencies link:presentationLink link:definitionLink link:calculationLink 014 - Disclosure - Stockholders' Equity link:presentationLink link:definitionLink link:calculationLink 015 - Disclosure - Warrants link:presentationLink link:definitionLink link:calculationLink 016 - Disclosure - Fair Value Measurements link:presentationLink link:definitionLink link:calculationLink 017 - Disclosure - Subsequent Events link:presentationLink link:definitionLink link:calculationLink 018 - Disclosure - Accounting Policies, by Policy (Policies) link:presentationLink link:definitionLink link:calculationLink 019 - Disclosure - Revision of Previously Issued Financial Statement (Tables) link:presentationLink link:definitionLink link:calculationLink 020 - Disclosure - Summary of Significant Accounting Policies (Tables) link:presentationLink link:definitionLink link:calculationLink 021 - Disclosure - Fair Value Measurements (Tables) link:presentationLink link:definitionLink link:calculationLink 022 - Disclosure - Description of Organization and Business Operations (Details) link:presentationLink link:definitionLink link:calculationLink 023 - Disclosure - Revision of Previously Issued Financial Statement (Details) link:presentationLink link:definitionLink link:calculationLink 024 - Disclosure - Revision of Previously Issued Financial Statement (Details) - Schedule of equity instead of as derivative liabilities link:presentationLink link:definitionLink link:calculationLink 025 - Disclosure - Summary of Significant Accounting Policies (Details) link:presentationLink link:definitionLink link:calculationLink 026 - Disclosure - Summary of Significant Accounting Policies (Details) - Schedule of calculation of basic and diluted net income (loss) per common share link:presentationLink link:definitionLink link:calculationLink 027 - Disclosure - Public Offering (Details) link:presentationLink link:definitionLink link:calculationLink 028 - Disclosure - Private Placement (Details) link:presentationLink link:definitionLink link:calculationLink 029 - Disclosure - Related Party Transactions (Details) link:presentationLink link:definitionLink link:calculationLink 030 - Disclosure - Commitments and Contingencies (Details) link:presentationLink link:definitionLink link:calculationLink 031 - Disclosure - Stockholders' Equity (Details) link:presentationLink link:definitionLink link:calculationLink 032 - Disclosure - Warrants (Details) link:presentationLink link:definitionLink link:calculationLink 033 - Disclosure - Fair Value Measurements (Details) link:presentationLink link:definitionLink link:calculationLink 034 - Disclosure - Fair Value Measurements (Details) - Schedule of the Company’s assets that are measured at fair value on a recurring basis link:presentationLink link:definitionLink link:calculationLink 035 - Disclosure - Fair Value Measurements (Details) - Schedule of initial measurement of Public Warrants and Private Placement Warrants and subsequent measurement of the Private Place Warrants link:presentationLink link:definitionLink link:calculationLink 036 - Disclosure - Fair Value Measurements (Details) - Schedule of the fair value of warrant liabilities link:presentationLink link:definitionLink link:calculationLink 000 - Document - Document And Entity Information link:presentationLink link:definitionLink link:calculationLink EX-101.CAL 6 ipvi-20210331_cal.xml XBRL CALCULATION FILE EX-101.DEF 7 ipvi-20210331_def.xml XBRL DEFINITION FILE EX-101.LAB 8 ipvi-20210331_lab.xml XBRL LABEL FILE EX-101.PRE 9 ipvi-20210331_pre.xml XBRL PRESENTATION FILE XML 10 R1.htm IDEA: XBRL DOCUMENT v3.21.2
Document And Entity Information - shares
3 Months Ended
Mar. 31, 2021
Jul. 23, 2021
Document Information Line Items    
Entity Registrant Name InterPrivate IV InfraTech Partners Inc.  
Document Type 10-Q  
Current Fiscal Year End Date --12-31  
Amendment Flag false  
Entity Central Index Key 0001839611  
Entity Current Reporting Status Yes  
Entity Filer Category Non-accelerated Filer  
Document Period End Date Mar. 31, 2021  
Document Fiscal Year Focus 2021  
Document Fiscal Period Focus Q1  
Entity Small Business true  
Entity Emerging Growth Company true  
Entity Shell Company true  
Entity Ex Transition Period false  
Entity File Number 001-40153  
Entity Incorporation, State or Country Code DE  
Entity Interactive Data Current Yes  
Class A Common Stock    
Document Information Line Items    
Entity Common Stock, Shares Outstanding   28,750,000
Class B Common Stock    
Document Information Line Items    
Entity Common Stock, Shares Outstanding   7,187,500
XML 11 R2.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Balance Sheet
Mar. 31, 2021
USD ($)
Current assets  
Cash $ 728,875
Prepaid expenses 498,337
Total Current Assets 1,227,212
Marketable securities held in Trust Account 287,509,784
TOTAL ASSETS 288,736,996
Current liabilities  
Accrued expenses 67,600
Total Current Liabilities 67,600
Warrant liability 8,327,500
Deferred underwriting fee payable 10,062,500
Total Liabilities 18,457,600
Commitments and Contingencies (See Note 7)
Class A common stock subject to possible redemption 26,527,939 shares at redemption value at March 31, 2021 265,279,390
Stockholders’ Equity  
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding
Class A common stock, $0.0001 par value; 380,000,000 shares authorized; 2,222,061 shares issued and outstanding (excluding 26,527,939 shares subject to possible redemption) 222
Class B common stock, $0.0001 par value; 20,000,000 shares authorized; 7,187,500 shares issued and outstanding 719
Additional paid-in capital 5,251,906
Accumulated deficit (252,841)
Total Stockholders’ Equity 5,000,006
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 288,736,996
XML 12 R3.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Balance Sheet (Parentheticals)
Mar. 31, 2021
$ / shares
shares
Preferred stock par value (in Dollars per share) | $ / shares $ 0.0001
Preferred stock, shares authorized 1,000,000
Preferred stock, shares issued
Preferred stock, shares outstanding
Class A Common Stock  
subject to possible redemption shares 26,527,939
Common stock par value (in Dollars per share) | $ / shares $ 0.0001
Common stock, shares authorized 380,000,000
Common stock, shares issued 2,222,061
Common stock shares outstanding 2,222,061
Class B Common Stock  
Common stock par value (in Dollars per share) | $ / shares $ 0.0001
Common stock, shares authorized 20,000,000
Common stock, shares issued 7,187,500
Common stock shares outstanding 7,187,500
XML 13 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Statement of Operations (Unaudited)
3 Months Ended
Mar. 31, 2021
USD ($)
$ / shares
shares
Income Statement [Abstract]  
Operating and formation costs $ 108,970
Loss from operations (108,970)
Other income (expense):  
Change in fair value of warrant liabilities 107,500
Offering costs attributable to warrant liabilities (261,155)
Interest earned on marketable securities held in Trust Account 4,996
Unrealized gain on marketable securities held in Trust Account 4,788
Other income (expense), net (143,871)
Loss before income taxes (252,841)
Benefit (provision) for income taxes
Net loss $ (252,841)
Basic and diluted weighted average shares outstanding, Class A common stock subject to redemption (in Shares) | shares 26,527,008
Basic and diluted net income per share, Class A common stock subject to redemption (in Dollars per share) | $ / shares
Basic and diluted weighted average shares outstanding, Non-redeemable common stock (in Shares) | shares 7,022,565
Basic and diluted net loss per share, Non-redeemable common stock (in Dollars per share) | $ / shares $ (0.04)
XML 14 R5.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Statement of Changes in Stockholders’ Equity (Unaudited) - 3 months ended Mar. 31, 2021 - USD ($)
Class A
Common Stock
Class B
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Total
Balance at Dec. 31, 2020
Balance (in Shares) at Dec. 31, 2020      
Balance at Mar. 31, 2021 $ 222 $ 719 5,251,906 (252,841) 5,000,006
Balance (in Shares) at Mar. 31, 2021 2,222,061 7,187,500      
Common stock issued to Sponsor $ 719 24,281 25,000
Common stock issued to Sponsor (in Shares) 7,187,500      
Sale of 28,750,000 Units, net of underwriting discounts and offering expenses and warrant liability $ 2,875   266,954,362 266,957,237
Sale of 28,750,000 Units, net of underwriting discounts and offering expenses and warrant liability (in Shares) 28,750,000        
Sale of 5,000,000 Private Placement Warrants 3,550,000 3,550,000
Common stock subject to possible redemption $ (2,653) (265,267,427) (265,270,080)
Common stock subject to possible redemption (in Shares) (26,527,008)        
Change in value of common stock subject to possible redemption     (9,310) (9,310)
Change in value of common stock subject to possible redemption (in Shares) (931)        
Net loss $ (252,841) $ (252,841)
XML 15 R6.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Statement of Changes in Stockholders’ Equity (Unaudited) (Parentheticals)
3 Months Ended
Mar. 31, 2021
shares
Statement of Stockholders' Equity [Abstract]  
Sale of units 28,750,000
Sale of private placement warrants 5,000,000
XML 16 R7.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Statement of Cash Flows (Unaudited)
3 Months Ended
Mar. 31, 2021
USD ($)
Cash Flows from Operating Activities:  
Net loss $ (252,841)
Adjustments to reconcile net loss to net cash used in operating activities:  
Change in fair value of warrant liabilities (107,500)
Offering costs attributable to warrant liabilities 261,155
Interest earned on marketable securities held in Trust Account (4,996)
Unrealized gain on marketable securities held in Trust Account (4,788)
Changes in operating assets and liabilities:  
Prepaid expenses and other current assets (498,337)
Accrued expenses 67,600
Net cash used in operating activities (539,707)
Cash Flows from Investing Activities:  
Investment of cash in Trust Account (287,500,000)
Net cash used in investing activities (287,500,000)
Cash Flows from Financing Activities:  
Proceeds from sale of Units, net of underwriting discounts paid 281,750,000
Proceeds from sale of Private Placement Warrants 7,500,000
Proceeds from promissory note – related party 166,493
Repayment of promissory note – related party (166,493)
Payment of offering costs (481,418)
Net cash provided by financing activities 288,768,582
Net Change in Cash 728,875
Cash – Beginning of period
Cash – End of period 728,875
Non-Cash investing and financing activities:  
Offering costs paid by Sponsor in exchange for issuance of Founder Shares 25,000
Initial classification of common stock subject to possible redemption 265,270,808
Change in value of common stock subject to possible redemption 9,310
Deferred underwriting fee payable $ 10,062,500
XML 17 R8.htm IDEA: XBRL DOCUMENT v3.21.2
Description of Organization and Business Operations
3 Months Ended
Mar. 31, 2021
Accounting Policies [Abstract]  
DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS

NOTE 1. DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS


InterPrivate IV InfraTech Partners Inc. (the “Company”) is a blank check company incorporated in Delaware on September 10, 2020. It was originally incorporated under the name “InterPrivate III Technology Partners Corp.”, but the Company changed its name to “InterPrivate IV InfraTech Partners Inc.” on January 6, 2021. The Company was formed for the purpose of effectuating a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses (the “Business Combination”).


The Company is not limited to a particular industry or sector for purposes of consummating a Business Combination. The Company is an early stage and emerging growth company and, as such, the Company is subject to all of the risks associated with early stage and emerging growth companies.


As of March 31, 2021, the Company had not commenced any operations. All activity through March 31, 2021 relates to the Company’s formation, the initial public offering (“Initial Public Offering”), and subsequent to the Initial Public Offering, identifying a target company for a Business Combination. The Company will not generate any operating revenues until after the completion of its initial Business Combination, at the earliest. The Company will generate non-operating income on cash and cash equivalents in the form of interest income from the proceeds derived from the Initial Public Offering. The Company has selected December 31 as its fiscal year end.


The registration statement for the Company’s Initial Public Offering was declared effective on March 4, 2021. On March 9, 2021, the Company consummated the Initial Public Offering of 28,750,000 units (the “Units” and, with respect to the shares of Class A common stock included in the Units sold, the “Public Shares”), which includes the full exercise by the underwriters of their over-allotment option in the amount of 3,750,000 Units, at $10.00 per Unit, generating gross proceeds of $287,500,000, which is described in Note 4.


Simultaneously with the closing of the Initial Public Offering, the Company consummated the sale of 5,000,000 warrants (each, a “Private Placement Warrant” and, collectively, the “Private Placement Warrants”) at a price of $1.50 per Private Placement Warrant in a private placement to InterPrivate Acquisition Management IV, LLC (the “Sponsor”), generating gross proceeds of $7,500,000, which is described in Note 5.


Transaction costs amounted to $16,318,918, consisting of $5,750,000 of underwriting fees, $10,062,500 of deferred underwriting fees and $506,418 of other offering costs.


Following the closing of the Initial Public Offering on March 9, 2021, an amount of $287,500,000 ($10.00 per Unit) from the net proceeds of the sale of the Units in the Initial Public Offering and the sale of the Private Placement Warrants was placed in a trust account (the “Trust Account”), and will be invested in U.S. government securities, within the meaning set forth in Section 2(a)(16) of the Investment Company Act of 1940, as amended (the “Investment Company Act”), with a maturity of 185 days or less, or in any open-ended investment company that holds itself out as a money market fund meeting the conditions of Rule 2a-7 of the Investment Company Act, as determined by the Company, until the earlier of: (i) the consummation of a Business Combination or (ii) the distribution of the funds in the Trust Account to the Company’s stockholders, as described below.


The Company’s management has broad discretion with respect to the specific application of the net proceeds of the Initial Public Offering and the sale of the Private Placement Warrants, although substantially all of the net proceeds are intended to be applied generally toward consummating a Business Combination. NYSE rules provide that the Business Combination must be with one or more target businesses that together have a fair market value equal to at least 80% of the balance in the Trust Account (less any deferred underwriting commissions and taxes payable on interest earned on the Trust Account) at the time of the signing a definitive agreement to enter a Business Combination. The Company will only complete a Business Combination if the post-Business Combination company owns or acquires 50% or more of the outstanding voting securities of the target or otherwise acquires a controlling interest in the target sufficient for it not to be required to register as an investment company under the Investment Company Act. There is no assurance that the Company will be able to successfully effect a Business Combination.


The Company will provide its holders of the outstanding Public Shares (the “public stockholders”) with the opportunity to redeem all or a portion of their Public Shares upon the completion of a Business Combination either (i) in connection with a stockholder meeting called to approve the Business Combination or (ii) by means of a tender offer. The decision as to whether the Company will seek stockholder approval of a Business Combination or conduct a tender offer will be made by the Company, solely in its discretion. The public stockholders will be entitled to redeem their Public Shares for a pro rata portion of the amount then in the Trust Account (initially anticipated to be $10.00 per Public Share, plus any pro rata interest earned on the funds held in the Trust Account and not previously released to the Company to pay its tax obligations). There will be no redemption rights upon the completion of a Business Combination with respect to the Company’s warrants.


The Company will proceed with a Business Combination only if the Company has net tangible assets of at least $5,000,001 either prior to or upon such consummation of a Business Combination and, if the Company seeks stockholder approval, a majority of the shares voted are voted in favor of the Business Combination. If a stockholder vote is not required by law and the Company does not decide to hold a stockholder vote for business or other reasons, the Company will, pursuant to its Amended and Restated Certificate of Incorporation (the “Amended and Restated Certificate of Incorporation”), conduct the redemptions pursuant to the tender offer rules of the U.S. Securities and Exchange Commission (“SEC”) and file tender offer documents with the SEC prior to completing a Business Combination. If, however, stockholder approval of the transaction is required by law, or the Company decides to obtain stockholder approval for business or other reasons, the Company will offer to redeem shares in conjunction with a proxy solicitation pursuant to the proxy rules and not pursuant to the tender offer rules. If the Company seeks stockholder approval in connection with a Business Combination, the Sponsor has agreed to vote its Founder Shares (as defined in Note 6) and any Public Shares purchased during or after the Initial Public Offering in favor of approving a Business Combination and not to convert any shares in connection with a stockholder vote to approve a Business Combination or sell any shares to the Company in a tender offer in connection with a Business Combination. Additionally, each public stockholder may elect to redeem their Public Shares irrespective of whether they vote for or against the proposed transaction or do not vote at all.


Notwithstanding the above, if the Company seeks stockholder approval of a Business Combination and it does not conduct redemptions pursuant to the tender offer rules, the Amended and Restated Certificate of Incorporation provides that a public stockholder, together with any affiliate of such stockholder or any other person with whom such stockholder is acting in concert or as a “group” (as defined under Section 13 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)), will be restricted from redeeming its shares with respect to more than an aggregate of 15% or more of the Public Shares, without the prior consent of the Company.


The Sponsor has agreed (a) to waive its redemption rights with respect to their Founder Shares and Public Shares held by it in connection with the completion of a Business Combination and (b) not to propose an amendment to the Amended and Restated Certificate of Incorporation (i) to modify the substance or timing of the Company’s obligation to allow redemption in connection with the Company’s initial Business Combination or to redeem 100% of its Public Shares if the Company does not complete a Business Combination or (ii) with respect to any other provision relating to stockholders’ rights or pre-initial business combination activity, unless the Company provides the public stockholders with the opportunity to redeem their Public Shares in conjunction with any such amendment.


The Company will have until March 9, 2023 or any extended period of time that the Company may have to consummate a Business Combination as a result of an amendment to the Company’s Amended and Restated Certificate of Incorporation to complete a Business Combination (the “Combination Period”). If the Company is unable to complete a Business Combination within the Combination Period, the Company will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but not more than ten business days thereafter, redeem the Public Shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account including interest earned on the funds held in the Trust Account and not previously released to the Company to pay its tax obligations (less up to $100,000 of interest to pay dissolution expenses), divided by the number of then outstanding Public Shares, which redemption will completely extinguish public stockholders’ rights as stockholders (including the right to receive further liquidating distributions, if any), and (iii) as promptly as reasonably possible following such redemption, subject to the approval of the Company’s remaining stockholders and the Company’s board of directors, dissolve and liquidate, subject in each case to the Company’s obligations under Delaware law to provide for claims of creditors and the requirements of other applicable law. There will be no redemption rights or liquidating distributions with respect to the Company’s warrants, which will expire worthless if the Company fails to complete a Business Combination within the Combination Period.


The Sponsor has agreed to waive its liquidation rights with respect to the Founder Shares if the Company fails to complete a Business Combination within the Combination Period. However, if the Sponsor acquires Public Shares in or after the Initial Public Offering, such Public Shares will be entitled to liquidating distributions from the Trust Account if the Company fails to complete a Business Combination within the Combination Period. The underwriters have agreed to waive their rights to their deferred underwriting commission (see Note 7) held in the Trust Account in the event the Company does not complete a Business Combination within in the Combination Period and, in such event, such amounts will be included with the other funds held in the Trust Account that will be available to fund the redemption of the Public Shares. In the event of such distribution, it is possible that the per share value of the assets remaining available for distribution will be less than the Initial Public Offering price per Unit ($10.00).


In order to protect the amounts held in the Trust Account, the Sponsor has agreed to be liable to the Company if and to the extent any claims by a third party for services rendered or products sold to the Company, or a prospective target business with which the Company has discussed entering into a transaction agreement, reduce the amount of funds in the Trust Account to below (1) $10.00 per Public Share or (2) the actual amount per Public Share held in the Trust Account as of the date of the liquidation of the Trust Account due to reductions in the value of the trust assets, in each case net of the interest which may be withdrawn to pay the Company’s taxes. This liability will not apply with respect to any claims by a third party who executed a waiver of any and all rights to seek access to the Trust Account and except as to any claims under the Company’s indemnity of the underwriters of the Initial Public Offering against certain liabilities, including liabilities under the Securities Act of 1933, as amended (the “Securities Act”). Moreover, in the event that an executed waiver is deemed to be unenforceable against a third party, the Sponsor will not be responsible to the extent of any liability for such third-party claims. The Company will seek to reduce the possibility that the Sponsor will have to indemnify the Trust Account due to claims of creditors by endeavoring to have all vendors, service providers (except the Company’s independent registered public accounting firm), prospective target businesses or other entities with which the Company does business, execute agreements with the Company waiving any right, title, interest or claim of any kind in or to monies held in the Trust Account.


Risks and Uncertainties


Management continues to evaluate the impact of the COVID-19 pandemic and has concluded that while it is reasonably possible that the virus could have a negative effect on the Company’s financial position, and/or search for a target company, the specific impact is not readily determinable as of the date of the financial statement. The financial statement does not include any adjustments that might result from the outcome of this uncertainty.


XML 18 R9.htm IDEA: XBRL DOCUMENT v3.21.2
Revision of Previously Issued Financial Statement
3 Months Ended
Mar. 31, 2021
Condensed Financial Information Disclosure [Abstract]  
REVISION OF PREVIOUSLY ISSUED FINANCIAL STATEMENT

NOTE 2. REVISION OF PREVIOUSLY ISSUED FINANCIAL STATEMENT


The Company initially accounted for its outstanding Public Warrants (as defined in Note 5) and Private Placement Warrants (collectively, with the Public Warrants, the “Warrants”) issued in connection with its Initial Public Offering as components of equity instead of as derivative liabilities. The warrant agreement governing the Warrants includes a provision that provides for potential changes to the settlement amounts dependent upon the characteristics of the holder of the warrant. In addition, the warrant agreement includes a provision that in the event of a tender offer or exchange offer made to and accepted by holders of more than 50% of the outstanding shares of a single class of stock, all holders of the Warrants would be entitled to receive cash for their Warrants (the “tender offer provision”).


On April 12, 2021, the Acting Director of the Division of Corporation Finance and Acting Chief Accountant of the Securities and Exchange Commission together issued a statement regarding the accounting and reporting considerations for warrants issued by special purpose acquisition companies entitled “Staff Statement on Accounting and Reporting Considerations for Warrants Issued by Special Purpose Acquisition Companies (“SPACs”)” (the “SEC Statement”). Specifically, the SEC Statement focused on certain settlement terms and provisions related to certain tender offers following a business combination, which terms are similar to those contained in the warrant agreement.


In further consideration of the SEC Statement, the Company’s management further evaluated the Warrants under Accounting Standards Codification (“ASC”) Subtopic 815-40, Contracts in Entity’s Own Equity. ASC Section 815-40-15 addresses equity versus liability treatment and classification of equity-linked financial instruments, including warrants, and states that a warrant may be classified as a component of equity only if, among other things, the warrant is indexed to the issuer’s common stock. Under ASC Section 815-40-15, a warrant is not indexed to the issuer’s common stock if the terms of the warrant require an adjustment to the exercise price upon a specified event and that event is not an input to the fair value of the warrant. Based on management’s evaluation, the Company’s audit committee, in consultation with management, concluded that the Company’s Warrants are not indexed to the Company’s common stock in the manner contemplated by ASC Section 815-40-15 because the holder of the instrument is not an input into the pricing of a fixed-for-fixed option on equity shares. In addition, based on management’s evaluation, the Company’s audit committee, in consultation with management, concluded that the tender offer provision fails the “classified in stockholders’ equity” criteria as contemplated by ASC Section 815-40-25.


As a result of the above, the Company should have classified the Warrants as derivative liabilities in its previously issued financial statement as of March 9, 2021. Under this accounting treatment, the Company is required to measure the fair value of the Warrants at the end of each reporting period as well as re-evaluate the treatment of the warrants and recognize changes in the fair value from the prior period in the Company’s operating results for the current period. After review, the Company deemed the adjustment to be immaterial.


The Company’s accounting for the Warrants as components of equity instead of as derivative liabilities did not have any effect on the Company’s previously reported investments held in trust or cash.


   As         
   Previously       As 
   Reported   Adjustments   Revised 
Balance sheet as of March 9, 2021 (audited)            
Warrant Liability  $   $8,435,000   $8,435,000 
Class A Common Stock Subject to Possible Redemption   273,705,080    (8,435,000)   265,270,080 
Class A Common Stock   138    84    222 
Additional Paid-in Capital   5,000,145    261,071    5,261,216 
Accumulated Deficit   (1,000)   (261,155)   (262,155)

XML 19 R10.htm IDEA: XBRL DOCUMENT v3.21.2
Summary of Significant Accounting Policies
3 Months Ended
Mar. 31, 2021
Accounting Policies [Abstract]  
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

NOTE 3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES


Basis of Presentation


The accompanying unaudited condensed financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and in accordance with the instructions to Form 10-Q and Article 8 of Regulation S-X of the SEC. Certain information or footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted, pursuant to the rules and regulations of the SEC for interim financial reporting. Accordingly, they do not include all the information and footnotes necessary for a complete presentation of financial position, results of operations, or cash flows. In the opinion of management, the accompanying unaudited condensed financial statements include all adjustments, consisting of a normal recurring nature, which are necessary for a fair presentation of the financial position, operating results and cash flows for the periods presented.


The accompanying unaudited condensed financial statements should be read in conjunction with the Company’s prospectus for its Initial Public Offering as filed with the SEC on March 12, 2021, as well as the Company’s Current Report on Form 8-K, as filed with the SEC on March 16, 2021. The interim results for the three months ended March 31, 2021 are not necessarily indicative of the results to be expected for the year ending December 31, 2021 or for any future periods.


Liquidity and Financial Condition


We will need to raise additional capital through loans or additional investments from our initial stockholders, officers or directors. If we are unable to raise additional capital, we may be required to take additional measures to conserve liquidity, which could include, but not necessarily be limited to, curtailing operations, suspending the pursuit of a potential transaction, and reducing overhead expenses. We cannot provide any assurance that new financing will be available to us on commercially acceptable terms, if at all. These conditions raise substantial doubt about our ability to continue as a going concern through one year and one day from the issuance of this report.


Offering Costs Associated with the Initial Public Offering


The Company complies with the requirements of the Accounting Standards Codification (the “ASC”) 340-10-S99-1 and SEC Staff Accounting Bulletin Topic 5A — “Expenses of Offering.” Offering costs consist principally of professional and registration fees incurred through the balance sheet date that are related to our Public Offering and were charged to stockholders’ equity upon the completion of our Public Offering.


Emerging Growth Company


The Company is an “emerging growth company,” as defined in Section 2(a) of the Securities Act, as modified by the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”), and it may take advantage of certain exemptions from various reporting requirements that are applicable to other public companies that are not emerging growth companies including, but not limited to, not being required to comply with the independent registered public accounting firm attestation requirements of Section 404 of the Sarbanes-Oxley Act, reduced disclosure obligations regarding executive compensation in its periodic reports and proxy statements, and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and stockholder approval of any golden parachute payments not previously approved.


Further, Section 102(b)(1) of the JOBS Act exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that have not had a Securities Act registration statement declared effective or do not have a class of securities registered under the Exchange Act) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that a company can elect to opt out of the extended transition period and comply with the requirements that apply to non-emerging growth companies but any such election to opt out is irrevocable. The Company has elected not to opt out of such extended transition period which means that when a standard is issued or revised and it has different application dates for public or private companies, the Company, as an emerging growth company, can adopt the new or revised standard at the time private companies adopt the new or revised standard. This may make comparison of the Company’s financial statement with another public company which is neither an emerging growth company nor an emerging growth company which has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used.


Use of Estimates


The preparation of the condensed financial statements in conformity with GAAP requires the Company’s management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.


Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. Accordingly, the actual results could differ significantly from those estimates.


Cash and Cash Equivalents


The Company considers all short-term investments with an original maturity of three months or less when purchased to be cash equivalents. The Company did not have any cash equivalents as of March 31, 2021.


Marketable Securities Held in Trust Account


At March 31, 2021, substantially all of the assets held in the Trust Account were held in money market funds which are invested primarily in U.S. Treasury securities.


Warrant Liability


The Company accounts for warrants as either equity-classified or liability-classified instruments based on an assessment of the warrant’s specific terms and applicable authoritative guidance in Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 480, Distinguishing Liabilities from Equity (“ASC 480”) and ASC 815, Derivatives and Hedging (“ASC 815”). The assessment considers whether the warrants are freestanding financial instruments pursuant to ASC 480, meet the definition of a liability pursuant to ASC 480, and whether the warrants meet all of the requirements for equity classification under ASC 815, including whether the warrants are indexed to the Company’s own common shares and whether the warrant holders could potentially require “net cash settlement” in a circumstance outside of the Company’s control, among other conditions for equity classification. This assessment, which requires the use of professional judgment, is conducted at the time of warrant issuance and as of each subsequent quarterly period end date while the warrants are outstanding. As of March 31, 2021 and March 9, 2021, both the Public Warrants and Private Placement Warrants were accounted for as liabilities (see Note 10).


For issued or modified warrants that meet all of the criteria for equity classification, the warrants are required to be recorded as a component of additional paid-in-capital at the time of issuance. For issued or modified warrants that do not meet all the criteria for equity classification, the warrants are required to be recorded at their initial fair value on the date of issuance, and each balance sheet date thereafter. The Company accounts for the Warrants issued in connection with its Initial Public Offering in accordance with the guidance contained in ASC 815-40-15-7D, under which the Warrants do not meet the criteria for equity treatment and must be recorded as liabilities. Accordingly, the Company classifies the Warrants as liabilities at their fair value and adjusts the Warrants to fair value at each reporting period. This liability is subject to re-measurement at each balance sheet date until exercised, and any change in fair value is recognized in the Company’s statement of operations. The fair value of the Warrants initially was estimated using a Binomial Lattice Model (see Note 10).


Class A Common Stock Subject to Possible Redemption


The Company accounts for its Class A common stock subject to possible redemption in accordance with the guidance in Accounting Standards Codification (“ASC”) Topic 480 “Distinguishing Liabilities from Equity.” Shares of Class A common stock subject to mandatory redemption is classified as a liability instrument and is measured at fair value. Conditionally redeemable common stock (including common stock that features redemption rights that is either within the control of the holder or subject to redemption upon the occurrence of uncertain events not solely within the Company’s control) is classified as temporary equity. At all other times, common stock is classified as stockholders’ equity. The Company’s Class A common stock features certain redemption rights that are considered to be outside of the Company’s control and subject to occurrence of uncertain future events. Accordingly, at March 31, 2021, Class A common stock subject to possible redemption is presented at redemption value as temporary equity, outside of the stockholders’ equity section of the Company’s balance sheet.


Income Taxes


The Company complies with the accounting and reporting requirements of ASC Topic 740, “Income Taxes,” which requires an asset and liability approach to financial accounting and reporting for income taxes. Deferred income tax assets and liabilities are computed for differences between the financial statement and tax bases of assets and liabilities that will result in future taxable or deductible amounts, based on enacted tax laws and rates applicable to the periods in which the differences are expected to affect taxable income. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized.


ASC Topic 740 prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more-likely-than-not to be sustained upon examination by taxing authorities. The Company recognizes accrued interest and penalties related to unrecognized tax benefits, if any, as income tax expense. There were no unrecognized tax benefits and no amounts accrued for interest and penalties as of March 31, 2021. The Company is currently not aware of any issues under review that could result in significant payments, accruals or material deviation from its position. The Company is subject to income tax examinations by major taxing authorities since inception. The effective tax rate differs from the statutory tax rate of 21% for the three months ended March 31, 2021, due to the valuation allowance recorded on the Company’s net operating losses.


Net Income (Loss) per Common Share


Net income (loss) per share is computed by dividing net income by the weighted-average number of shares of common stock outstanding during the period, excluding shares of common stock subject to forfeiture.


The Company’s statement of operations includes a presentation of income (loss) per share for common stock subject to possible redemption in a manner similar to the two-class method of income (loss) per share. Net income (loss) per common share, basic and diluted, for Class A common stock subject to possible redemption is calculated by dividing the proportionate share of income or loss on marketable securities held by the Trust Account, net of applicable franchise and income taxes, by the weighted average number of Class A common stock subject to possible redemption outstanding since original issuance.


Net income (loss) per share, basic and diluted, for non-redeemable common stock is calculated by dividing the net income (loss), adjusted for income or loss on marketable securities attributable to Class A common stock subject to possible redemption, by the weighted average number of non-redeemable common stock outstanding for the period. The Company has not considered the effect of the 5,750,000 warrants sold in the Initial Public Offering and private placement to purchase an aggregate of 5,000,000 shares in the calculation of diluted income (loss) per share, since the inclusion of such warrants would be anti-dilutive.


Non-redeemable common stock includes Founder Shares and non-redeemable shares of common stock as these shares do not have any redemption features. Non-redeemable common stock participates in the income or loss on marketable securities based on non-redeemable shares’ proportionate interest.


The following table reflects the calculation of basic and diluted net income (loss) per common share (in dollars, except per share amounts):


  

Three Months

Ended

March 31,

2021

 
Class A common stock subject to possible redemption    
Numerator: Earnings attributable to Class A common stock subject to possible redemption    
Interest earned on marketable securities held in Trust Account  $4,610 
Unrealized gain on marketable securities held in Trust Account   4,418 
Less: interest available to be withdrawn for payment of taxes   (9,028)
Net income attributable  $ 
Denominator: Weighted Average Class A common stock subject to possible redemption     
Basic and diluted weighted average shares outstanding, Class A common stock subject to possible redemption   26,527,008 
Basic and diluted net income per share, Class A common stock subject to possible redemption  $ 
      
Non-Redeemable Common Stock     
Numerator: Net Loss minus Net Earnings     
Net loss  $(252,841)
Less: Net income allocable to Class A common stock subject to possible redemption    
Non-Redeemable Net Loss  $(252,841)
Denominator: Weighted Average Non-redeemable common stock     
Basic and diluted weighted average shares outstanding, Non-redeemable common stock   7,022,565 
Basic and diluted net loss per share, Non-redeemable common stock  $(0.04)

Concentration of Credit Risk


Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash accounts in a financial institution, which, at times may exceed the Federal Depository Insurance Coverage of $250,000. The Company has not experienced losses on these accounts.


Fair Value of Financial Instruments


The fair value of the Company’s assets and liabilities, which qualify as financial instruments under ASC Topic 820, “Fair Value Measurement,” approximates the carrying amounts represented in the accompanying condensed balance sheets, primarily due to their short-term nature.


Recent Accounting Standards


Management does not believe that any recently issued, but not yet effective, accounting standards, if currently adopted, would have a material effect on the Company’s condensed financial statements.


XML 20 R11.htm IDEA: XBRL DOCUMENT v3.21.2
Public Offering
3 Months Ended
Mar. 31, 2021
Public Offering [Abstract]  
PUBLIC OFFERING

NOTE 4. PUBLIC OFFERING


Pursuant to the Initial Public Offering, the Company sold 28,750,000 Units, which includes the full exercise by the underwriters of their over-allotment option in the amount of 3,750,000 Units, at a purchase price of $10.00 per Unit. Each Unit consists of one share of Class A common stock and one-fifth of one redeemable warrant (“Public Warrant”). Each Public Warrant entitles the holder to purchase one share of Class A common stock at an exercise price of $11.50 per whole share (see Note 9).


Transaction costs amounted to $16,318,918, consisting of $5,750,000 of underwriting fees, $10,062,500 of deferred underwriting fees and $506,418 of other offering costs. In addition, cash of $1,712,100 was held outside of the Trust Account and is available for the payment of offering costs and for working capital purposes.


XML 21 R12.htm IDEA: XBRL DOCUMENT v3.21.2
Private Placement
3 Months Ended
Mar. 31, 2021
Private Placement [Abstract]  
PRIVATE PLACEMENT

NOTE 5. PRIVATE PLACEMENT


Simultaneously with the closing of the Initial Public Offering, the Sponsor purchased an aggregate of 5,000,000 Private Placement Warrants at a price of $1.50 per Private Placement Warrant, or $7,500,000 in the aggregate. Each Private Placement Warrant exercisable to purchase one share of Class A common stock at a price of $11.50 per share. The proceeds from the sale of the Private Placement Warrants were added to the net proceeds from the Initial Public Offering held in the Trust Account. If the Company does not complete a Business Combination within the Combination Period, the proceeds from the sale of the Private Placement Warrants will be used to fund the redemption of the Public Shares (subject to the requirements of applicable law) and the Private Placement Warrants will expire worthless.


XML 22 R13.htm IDEA: XBRL DOCUMENT v3.21.2
Related Party Transactions
3 Months Ended
Mar. 31, 2021
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS

NOTE 6. RELATED PARTY TRANSACTIONS


Founder Shares


On January 13, 2021, the Sponsor paid $25,000 to cover certain offering costs of the Company in consideration for 7,187,500 shares of Class B common stock (the “Founder Shares”). The Founder Shares included an aggregate of up to 937,500 shares subject to forfeiture by the Sponsor to the extent that the underwriter’s over-allotment was not exercised in full or in part, so that the Sponsor would collectively own, on an as-converted basis, 20% of the Company’s issued and outstanding shares after the Initial Public Offering (assuming the Sponsor did not purchase any Public Shares in the Initial Public Offering). As a result of the underwriters’ election to fully exercise their over-allotment, no Founder Shares are currently subject to forfeiture.


The Sponsor has agreed, subject to certain limited exceptions, not to transfer, assign or sell any of the Founder Shares until (i) with respect to 50% of such shares, for a period ending on the earlier of the one-year anniversary of the date of the consummation of the initial Business Combination and the date on which the closing price of the Company’s Class A common stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock capitalizations, reorganizations, recapitalizations and the like) for any 20 trading days within a 30-trading day period following the consummation of a Business Combination and (ii) with respect to the remaining 50% of such shares, for a period ending on the one-year anniversary of the date of the consummation of a Business Combination, or, in either case, earlier if, subsequent to a Business Combination, the Company consummates a liquidation, merger, stock exchange or other similar transaction which results in all of the stockholders having the right to exchange their shares of common stock for cash, securities or other property.


Administrative Services Agreement


The Company entered into an agreement, commencing on March 4, 2021, pursuant to which the Company will pay the Sponsor a total of up to $10,000 per month for office space, administrative and support services. Upon completion of the Business Combination or the Company’s liquidation, the agreement will terminate and the Company will cease paying these monthly fees. For the three months ended March 31, 2021, the Company incurred and paid $10,000 in fees for these services.


Promissory Note — Related Party


On January 13, 2021, the Sponsor issued an unsecured promissory note to the Company (the “Promissory Note”), pursuant to which the Company could borrow up to an aggregate principal amount of $300,000. The Promissory Note was non-interest bearing and was payable on the earlier of (i) December 31, 2021 or (ii) the consummation of the Initial Public Offering. As of March 9, 2021, there was $166,493 outstanding under the Promissory Note, which was repaid on March 10, 2021.


Related Party Loans


In order to finance transaction costs in connection with a Business Combination, the Sponsor or an affiliate of the Sponsor or certain of the Company’s directors and officers may, but are not obligated to, loan the Company funds as may be required (“Working Capital Loans”). If the Company completes a Business Combination, the Company would repay the Working Capital Loans out of the proceeds of the Trust Account released to the Company. Otherwise, the Working Capital Loans would be repaid only out of funds held outside the Trust Account. In the event that a Business Combination does not close, the Company may use a portion of proceeds held outside the Trust Account to repay the Working Capital Loans, but no proceeds held in the Trust Account would be used to repay the Working Capital Loans. Except for the foregoing, the terms of such Working Capital Loans, if any, have not been determined and no written agreements exist with respect to such loans. The Working Capital Loans would either be repaid upon consummation of a Business Combination, without interest, or, at the lender’s discretion, up to $1,500,000 of such Working Capital Loans may be convertible into warrants of the post-Business Combination entity at a price of $1.50 per warrant. The warrants would be identical to the Private Placement Warrants.


XML 23 R14.htm IDEA: XBRL DOCUMENT v3.21.2
Commitments and Contingencies
3 Months Ended
Mar. 31, 2021
Commitments and Contingencies Disclosure [Abstract]  
COMMITMENTS AND CONTINGENCIES

NOTE 7. COMMITMENTS AND CONTINGENCIES


Registration Rights


Pursuant to a registration rights agreement entered into on March 4, 2021, the holders of the Founder Shares, Private Placement Warrants and any warrants that may be issued upon conversion of the Working Capital Loans (and any shares of Class A common stock issuable upon the exercise of the Private Placement Warrants and warrants that may be issued upon conversion of Working Capital Loans) have registration rights requiring the Company to register a sale of any of the securities held by them prior to the consummation of a Business Combination. The holders of these securities will be entitled to make up to three demands, excluding short form registration demands, that the Company register such securities. In addition, the holders have certain “piggy-back” registration rights with respect to registration statements filed subsequent to the completion of a Business Combination. The registration rights agreement does not contain liquidated damages or other cash settlement provisions resulting from delays in registering the Company’s securities. The Company will bear the expenses incurred in connection with the filing of any such registration statements.


Underwriting Agreement


The underwriters are entitled to a deferred fee of $0.35 per Unit, or $10,062,500 in the aggregate. The deferred fee will become payable to the underwriters from the amounts held in the Trust Account solely in the event that the Company completes a Business Combination, subject to the terms of the underwriting agreement.


XML 24 R15.htm IDEA: XBRL DOCUMENT v3.21.2
Stockholders' Equity
3 Months Ended
Mar. 31, 2021
Stockholders' Equity Note [Abstract]  
STOCKHOLDERS' EQUITY

NOTE 8. STOCKHOLDERS’ EQUITY


Preferred Stock The Company is authorized to issue 1,000,000 shares of $0.0001 par value preferred stock. At March 31, 2021, there were no shares of preferred stock issued or outstanding.


Class A Common Stock — The Company is authorized to issue up to 380,000,000 shares of Class A, $0.0001 par value common stock. Holders of the Company’s common stock are entitled to one vote for each share. At March 31, 2021, there were 2,222,061 of Class A common stock issued and outstanding, excluding 26,527,939 shares of Class A common stock subject to possible redemption.


Class B Common Stock — The Company is authorized to issue up to 20,000,000 shares of Class B, $0.0001 par value common stock. Holders of the Company’s common stock are entitled to one vote for each share. At March 31, 2021, there were 7,187,500 shares of Class B common stock issued and outstanding.


Holders of Class A common stock and Class B common stock will vote together as a single class on all other matters submitted to a vote of stockholders, except as required by law.


The shares of Class B common stock will automatically convert into shares of Class A common stock concurrently with or immediately following the consummation of a Business Combination on a one-for-one basis, subject to adjustment. In the case that additional shares of Class A common stock or equity-linked securities are issued or deemed issued in connection with a Business Combination, the number of shares of Class A common stock issuable upon conversion of all shares of Class B common stock will equal, in the aggregate, on an as-converted basis, 20% of the total number of shares of Class A common stock outstanding after such conversion (after giving effect to any redemptions of shares of Class A common stock by public stockholders), including the total number of shares of Class A common stock issued, or deemed issued or issuable upon conversion or exercise of any equity-linked securities or rights issued or deemed issued, by the Company in connection with or in relation to the consummation of a Business Combination, excluding any shares of Class A common stock or equity-linked securities or rights exercisable for or convertible into shares of Class A common stock issued, or to be issued, to any seller in a Business Combination and any Private Placement Warrants issued to the Sponsor, officers or directors upon conversion of Working Capital Loans, provided that such conversion of shares of Class B common stock will never occur on a less than one-for-one basis.


XML 25 R16.htm IDEA: XBRL DOCUMENT v3.21.2
Warrants
3 Months Ended
Mar. 31, 2021
Warrants [Abstract]  
WARRANTS

NOTE 9. WARRANTS


Public Warrants may only be exercised for a whole number of shares. No fractional shares will be issued upon exercise of the Public Warrants. The Public Warrants will become exercisable 30 days after the consummation of a Business Combination. The Public Warrants will expire five years from the consummation of a Business Combination or earlier upon redemption or liquidation.


The Company will not be obligated to deliver any Class A common stock pursuant to the exercise of a warrant and will have no obligation to settle such warrant exercise unless a registration statement under the Securities Act with respect to the Class A common stock underlying the warrants is then effective and a prospectus relating thereto is current, subject to the Company satisfying its obligations with respect to registration. No warrant will be exercisable and the Company will not be obligated to issue a share of Class A common stock upon exercise of a warrant unless the share of Class A common stock issuable upon such warrant exercise has been registered, qualified or deemed to be exempt under the securities laws of the state of residence of the registered holder of the warrants.


The Company has agreed that as soon as practicable, but in no event later than twenty (20) business days after the closing of a Business Combination, the Company will use its best efforts to file with the SEC a registration statement for the registration, under the Securities Act, of the Class A common stock issuable upon exercise of the warrants. The Company will use its best efforts to cause the same to become effective and to maintain the effectiveness of such registration statement, and a current prospectus relating thereto, until the expiration or redemption of the warrants in accordance with the provisions of the warrant agreement. If a registration statement covering the shares of Class A common stock issuable upon exercise of the warrants is not effective by the sixtieth (60th) business day after the closing of a Business Combination, warrant holders may, until such time as there is an effective registration statement and during any period when the Company will have failed to maintain an effective registration statement, exercise warrants on a “cashless basis” in accordance with Section 3(a)(9) of the Securities Act or another exemption. Notwithstanding the above, if the Class A common stock are at the time of any exercise of a warrant not listed on a national securities exchange such that they satisfy the definition of a “covered security” under Section 18(b)(1) of the Securities Act, the Company may, at its option, require holders of Public Warrants who exercise their warrants to do so on a “cashless basis” in accordance with Section 3(a)(9) of the Securities Act and, in the event the Company so elects, the Company will not be required to file or maintain in effect a registration statement, and in the event the Company does not so elect, the Company will use its best efforts to register or qualify the shares under applicable blue sky laws to the extent an exemption is not available.


Once the warrants become exercisable, the Company may redeem the outstanding warrants:


  in whole and not in part;

  at a price of $0.01 per warrant;

  upon a minimum of 30 days’ prior written notice of redemption to each warrant holder; and

  if, and only if, the closing price of the Class A common stock for any 20 trading days within a 30-trading day period ending three trading days before the Company sends the notice of redemption to the warrant holders equals or exceeds $18.00 per share (as adjusted).

If and when the warrants become redeemable by the Company, the Company may exercise its redemption right even if it is unable to register or qualify the underlying securities for sale under all applicable state securities laws.


The exercise price and number of Class A common stock issuable upon exercise of the Public Warrants may be adjusted in certain circumstances including in the event of a share dividend, extraordinary dividend or recapitalization, reorganization, merger or consolidation. However, except as described below, the Public Warrants will not be adjusted for issuances of Class A common stock at a price below its exercise price. Additionally, in no event will the Company be required to net cash settle the Public Warrants. If the Company is unable to complete a Business Combination within the Combination Period and the Company liquidates the funds held in the Trust Account, holders of Public Warrants will not receive any of such funds with respect to their Public Warrants, nor will they receive any distribution from the Company’s assets held outside of the Trust Account with respect to such Public Warrants. Accordingly, the Public Warrants may expire worthless.


In addition, if (x) the Company issues additional shares of Class A common stock or equity-linked securities for capital raising purposes in connection with the closing of its Business Combination at an issue price or effective issue price of less than $9.20 per share of Class A common stock (with such issue price or effective issue price to be determined in good faith by the Company’s board of directors and, in the case of any such issuance to the Sponsor or its affiliates, without taking into account any Founder Shares held by the Sponsor or such affiliates, as applicable, prior to such issuance) (the “Newly Issued Price”), (y) the aggregate gross proceeds from such issuances represent more than 60% of the total equity proceeds, and interest thereon, available for the funding of the Company’s initial Business Combination on the date of the consummation of such initial Business Combination (net of redemptions), and (z) the volume weighted average trading price of the Company’s common stock during the 20 trading day period starting on the trading day prior to the day on which the Company consummates its initial Business Combination (such price, the “Market Value”) is below $9.20 per share, the exercise price of the warrants will be adjusted (to the nearest cent) to be equal to 115% of the higher of the Market Value and the Newly Issued Price and the $18.00 per share redemption trigger price described above will be adjusted (to the nearest cent) to be equal to 80% of the higher of the Market Value and the Newly Issued Price.


The Private Placement Warrants are identical to the Public Warrants underlying the Units sold in the Initial Public Offering, except that the Private Placement Warrants will and the common shares issuable upon the exercise of the Private Placement Warrants will not be transferable, assignable or salable until 30 days after the completion of a Business Combination, subject to certain limited exceptions. Additionally, the Private Placement Warrants will be exercisable on a cashless basis and will be non-redeemable so long as they are held by the initial purchasers or their permitted transferees. If the Private Placement Warrants are held by someone other than the initial purchasers or their permitted transferees, the Private Placement Warrants will be redeemable by the Company and exercisable by such holders on the same basis as the Public Warrants.


XML 26 R17.htm IDEA: XBRL DOCUMENT v3.21.2
Fair Value Measurements
3 Months Ended
Mar. 31, 2021
Fair Value Disclosures [Abstract]  
FAIR VALUE MEASUREMENTS

NOTE 10. FAIR VALUE MEASUREMENTS


The Company follows the guidance in ASC 820 for its financial assets and liabilities that are re-measured and reported at fair value at each reporting period, and non-financial assets and liabilities that are re-measured and reported at fair value at least annually.


The fair value of the Company’s financial assets and liabilities reflects management’s estimate of amounts that the Company would have received in connection with the sale of the assets or paid in connection with the transfer of the liabilities in an orderly transaction between market participants at the measurement date. In connection with measuring the fair value of its assets and liabilities, the Company seeks to maximize the use of observable inputs (market data obtained from independent sources) and to minimize the use of unobservable inputs (internal assumptions about how market participants would price assets and liabilities). The following fair value hierarchy is used to classify assets and liabilities based on the observable inputs and unobservable inputs used in order to value the assets and liabilities:


  Level 1: Quoted prices in active markets for identical assets or liabilities. An active market for an asset or liability is a market in which transactions for the asset or liability occur with sufficient frequency and volume to provide pricing information on an ongoing basis.
     
  Level 2: Observable inputs other than Level 1 inputs. Examples of Level 2 inputs include quoted prices in active markets for similar assets or liabilities and quoted prices for identical assets or liabilities in markets that are not active.
     
  Level 3: Unobservable inputs based on our assessment of the assumptions that market participants would use in pricing the asset or liability.

The following table presents information about the Company’s assets that are measured at fair value on a recurring basis at March 31, 2021, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:


Description   Level   March 31,
2021
 
Assets:            
Marketable securities held in Trust Account   1   $ 287,509,784  
Liabilities:            
Warrant Liability – Public Warrants   3     4,427,500  
Warrant Liability – Private Placement Warrants   3     3,900,000  

The Private Placement and Public Warrants were initially valued using a Binomial Lattice Model, which is considered to be a Level 3 fair value measurement. The Binomial Lattice Model’s primary unobservable input utilized in determining the fair value of the Public and Private Placement Warrants is the expected volatility of the common stock. The expected volatility as of the IPO date was derived from observable public warrant pricing on comparable ‘blank-check’ companies without an identified target. The expected volatility as of subsequent valuation dates was implied from the Company’s own public warrant pricing. A Binomial Lattice Model was used in estimating the fair value of the Public Warrants for periods where no observable traded price were available, using the same expected volatility as was used in measuring the fair value of the Private Placement Warrants. For periods subsequent to the detachment of the warrants from the Units, the closing price of the Public Warrants was used as the fair value as of each relevant date.


The key inputs into the Binomial Lattice Model for the initial measurement of Public Warrants and Private Placement Warrants and subsequent measurement of the Private Place Warrants are as follows:


Term   March 9,
2021
    March 31,
2021
 
Risk-free interest rate     1.00 %     0.99 %
Market price of public stock   $ 9.84     $ 9.85  
Dividend Yield     0.00 %     0.00 %
Implied volatility     13.1 %     13.1 %
Exercise price     11.50     $ 11.50  
Probability of Business Combination     75 %     75 %
Term (years)     5       5  

On March 31, 2021, the Private Placement Warrants and Public Warrants were determined to be valued at $0.78 and $0.77 per warrant for aggregate values of $3.9 million and $4.4 million, respectively.


The following table presents the changes in the fair value of warrant liabilities:


   Private
Placement
   Public   Warrant
Liabilities
 
Fair value as of March 9, 2021  $3,950,000   $4,485,000   $8,435,000 
Change in valuation inputs or other assumptions   (50,000)   (57,500)   (107,500)
Fair value as of March 31, 2021  $3,900,000   $4,427,500   $8,327,500 

During the three-month period ended March 31, 2021 there were no transfers out of Level 3.


XML 27 R18.htm IDEA: XBRL DOCUMENT v3.21.2
Subsequent Events
3 Months Ended
Mar. 31, 2021
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

NOTE 11. SUBSEQUENT EVENTS


The Company evaluated subsequent events and transactions that occurred after the balance sheet date up to the date that the condensed financial statements were issued. The Company did not identify any subsequent events that would have required adjustment or disclosure in the condensed financial statements.


XML 28 R19.htm IDEA: XBRL DOCUMENT v3.21.2
Accounting Policies, by Policy (Policies)
3 Months Ended
Mar. 31, 2021
Accounting Policies [Abstract]  
Basis of Presentation

Basis of Presentation


The accompanying unaudited condensed financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and in accordance with the instructions to Form 10-Q and Article 8 of Regulation S-X of the SEC. Certain information or footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted, pursuant to the rules and regulations of the SEC for interim financial reporting. Accordingly, they do not include all the information and footnotes necessary for a complete presentation of financial position, results of operations, or cash flows. In the opinion of management, the accompanying unaudited condensed financial statements include all adjustments, consisting of a normal recurring nature, which are necessary for a fair presentation of the financial position, operating results and cash flows for the periods presented.


The accompanying unaudited condensed financial statements should be read in conjunction with the Company’s prospectus for its Initial Public Offering as filed with the SEC on March 12, 2021, as well as the Company’s Current Report on Form 8-K, as filed with the SEC on March 16, 2021. The interim results for the three months ended March 31, 2021 are not necessarily indicative of the results to be expected for the year ending December 31, 2021 or for any future periods.

Liquidity and Financial Condition

Liquidity and Financial Condition


We will need to raise additional capital through loans or additional investments from our initial stockholders, officers or directors. If we are unable to raise additional capital, we may be required to take additional measures to conserve liquidity, which could include, but not necessarily be limited to, curtailing operations, suspending the pursuit of a potential transaction, and reducing overhead expenses. We cannot provide any assurance that new financing will be available to us on commercially acceptable terms, if at all. These conditions raise substantial doubt about our ability to continue as a going concern through one year and one day from the issuance of this report.

Offering Costs Associated with the Initial Public Offering

Offering Costs Associated with the Initial Public Offering


The Company complies with the requirements of the Accounting Standards Codification (the “ASC”) 340-10-S99-1 and SEC Staff Accounting Bulletin Topic 5A — “Expenses of Offering.” Offering costs consist principally of professional and registration fees incurred through the balance sheet date that are related to our Public Offering and were charged to stockholders’ equity upon the completion of our Public Offering.

Emerging Growth Company

Emerging Growth Company


The Company is an “emerging growth company,” as defined in Section 2(a) of the Securities Act, as modified by the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”), and it may take advantage of certain exemptions from various reporting requirements that are applicable to other public companies that are not emerging growth companies including, but not limited to, not being required to comply with the independent registered public accounting firm attestation requirements of Section 404 of the Sarbanes-Oxley Act, reduced disclosure obligations regarding executive compensation in its periodic reports and proxy statements, and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and stockholder approval of any golden parachute payments not previously approved.


Further, Section 102(b)(1) of the JOBS Act exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that have not had a Securities Act registration statement declared effective or do not have a class of securities registered under the Exchange Act) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that a company can elect to opt out of the extended transition period and comply with the requirements that apply to non-emerging growth companies but any such election to opt out is irrevocable. The Company has elected not to opt out of such extended transition period which means that when a standard is issued or revised and it has different application dates for public or private companies, the Company, as an emerging growth company, can adopt the new or revised standard at the time private companies adopt the new or revised standard. This may make comparison of the Company’s financial statement with another public company which is neither an emerging growth company nor an emerging growth company which has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used.

Use of Estimates

Use of Estimates


The preparation of the condensed financial statements in conformity with GAAP requires the Company’s management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.


Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. Accordingly, the actual results could differ significantly from those estimates.

Cash and Cash Equivalents

Cash and Cash Equivalents


The Company considers all short-term investments with an original maturity of three months or less when purchased to be cash equivalents. The Company did not have any cash equivalents as of March 31, 2021.

Marketable Securities Held in Trust Account

Marketable Securities Held in Trust Account


At March 31, 2021, substantially all of the assets held in the Trust Account were held in money market funds which are invested primarily in U.S. Treasury securities.

Warrant Liability

Warrant Liability


The Company accounts for warrants as either equity-classified or liability-classified instruments based on an assessment of the warrant’s specific terms and applicable authoritative guidance in Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 480, Distinguishing Liabilities from Equity (“ASC 480”) and ASC 815, Derivatives and Hedging (“ASC 815”). The assessment considers whether the warrants are freestanding financial instruments pursuant to ASC 480, meet the definition of a liability pursuant to ASC 480, and whether the warrants meet all of the requirements for equity classification under ASC 815, including whether the warrants are indexed to the Company’s own common shares and whether the warrant holders could potentially require “net cash settlement” in a circumstance outside of the Company’s control, among other conditions for equity classification. This assessment, which requires the use of professional judgment, is conducted at the time of warrant issuance and as of each subsequent quarterly period end date while the warrants are outstanding. As of March 31, 2021 and March 9, 2021, both the Public Warrants and Private Placement Warrants were accounted for as liabilities (see Note 10).


For issued or modified warrants that meet all of the criteria for equity classification, the warrants are required to be recorded as a component of additional paid-in-capital at the time of issuance. For issued or modified warrants that do not meet all the criteria for equity classification, the warrants are required to be recorded at their initial fair value on the date of issuance, and each balance sheet date thereafter. The Company accounts for the Warrants issued in connection with its Initial Public Offering in accordance with the guidance contained in ASC 815-40-15-7D, under which the Warrants do not meet the criteria for equity treatment and must be recorded as liabilities. Accordingly, the Company classifies the Warrants as liabilities at their fair value and adjusts the Warrants to fair value at each reporting period. This liability is subject to re-measurement at each balance sheet date until exercised, and any change in fair value is recognized in the Company’s statement of operations. The fair value of the Warrants initially was estimated using a Binomial Lattice Model (see Note 10).

Class A Common Stock Subject to Possible Redemption

Class A Common Stock Subject to Possible Redemption


The Company accounts for its Class A common stock subject to possible redemption in accordance with the guidance in Accounting Standards Codification (“ASC”) Topic 480 “Distinguishing Liabilities from Equity.” Shares of Class A common stock subject to mandatory redemption is classified as a liability instrument and is measured at fair value. Conditionally redeemable common stock (including common stock that features redemption rights that is either within the control of the holder or subject to redemption upon the occurrence of uncertain events not solely within the Company’s control) is classified as temporary equity. At all other times, common stock is classified as stockholders’ equity. The Company’s Class A common stock features certain redemption rights that are considered to be outside of the Company’s control and subject to occurrence of uncertain future events. Accordingly, at March 31, 2021, Class A common stock subject to possible redemption is presented at redemption value as temporary equity, outside of the stockholders’ equity section of the Company’s balance sheet.

Income Taxes

Income Taxes


The Company complies with the accounting and reporting requirements of ASC Topic 740, “Income Taxes,” which requires an asset and liability approach to financial accounting and reporting for income taxes. Deferred income tax assets and liabilities are computed for differences between the financial statement and tax bases of assets and liabilities that will result in future taxable or deductible amounts, based on enacted tax laws and rates applicable to the periods in which the differences are expected to affect taxable income. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized.


ASC Topic 740 prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more-likely-than-not to be sustained upon examination by taxing authorities. The Company recognizes accrued interest and penalties related to unrecognized tax benefits, if any, as income tax expense. There were no unrecognized tax benefits and no amounts accrued for interest and penalties as of March 31, 2021. The Company is currently not aware of any issues under review that could result in significant payments, accruals or material deviation from its position. The Company is subject to income tax examinations by major taxing authorities since inception. The effective tax rate differs from the statutory tax rate of 21% for the three months ended March 31, 2021, due to the valuation allowance recorded on the Company’s net operating losses.

Net Income (Loss) per Common Share

Net Income (Loss) per Common Share


Net income (loss) per share is computed by dividing net income by the weighted-average number of shares of common stock outstanding during the period, excluding shares of common stock subject to forfeiture.


The Company’s statement of operations includes a presentation of income (loss) per share for common stock subject to possible redemption in a manner similar to the two-class method of income (loss) per share. Net income (loss) per common share, basic and diluted, for Class A common stock subject to possible redemption is calculated by dividing the proportionate share of income or loss on marketable securities held by the Trust Account, net of applicable franchise and income taxes, by the weighted average number of Class A common stock subject to possible redemption outstanding since original issuance.


Net income (loss) per share, basic and diluted, for non-redeemable common stock is calculated by dividing the net income (loss), adjusted for income or loss on marketable securities attributable to Class A common stock subject to possible redemption, by the weighted average number of non-redeemable common stock outstanding for the period. The Company has not considered the effect of the 5,750,000 warrants sold in the Initial Public Offering and private placement to purchase an aggregate of 5,000,000 shares in the calculation of diluted income (loss) per share, since the inclusion of such warrants would be anti-dilutive.


Non-redeemable common stock includes Founder Shares and non-redeemable shares of common stock as these shares do not have any redemption features. Non-redeemable common stock participates in the income or loss on marketable securities based on non-redeemable shares’ proportionate interest.


The following table reflects the calculation of basic and diluted net income (loss) per common share (in dollars, except per share amounts):


  

Three Months

Ended

March 31,

2021

 
Class A common stock subject to possible redemption    
Numerator: Earnings attributable to Class A common stock subject to possible redemption    
Interest earned on marketable securities held in Trust Account  $4,610 
Unrealized gain on marketable securities held in Trust Account   4,418 
Less: interest available to be withdrawn for payment of taxes   (9,028)
Net income attributable  $ 
Denominator: Weighted Average Class A common stock subject to possible redemption     
Basic and diluted weighted average shares outstanding, Class A common stock subject to possible redemption   26,527,008 
Basic and diluted net income per share, Class A common stock subject to possible redemption  $ 
      
Non-Redeemable Common Stock     
Numerator: Net Loss minus Net Earnings     
Net loss  $(252,841)
Less: Net income allocable to Class A common stock subject to possible redemption    
Non-Redeemable Net Loss  $(252,841)
Denominator: Weighted Average Non-redeemable common stock     
Basic and diluted weighted average shares outstanding, Non-redeemable common stock   7,022,565 
Basic and diluted net loss per share, Non-redeemable common stock  $(0.04)
Concentration of Credit Risk

Concentration of Credit Risk


Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash accounts in a financial institution, which, at times may exceed the Federal Depository Insurance Coverage of $250,000. The Company has not experienced losses on these accounts.

Fair Value of Financial Instruments

Fair Value of Financial Instruments


The fair value of the Company’s assets and liabilities, which qualify as financial instruments under ASC Topic 820, “Fair Value Measurement,” approximates the carrying amounts represented in the accompanying condensed balance sheets, primarily due to their short-term nature.

Recent Accounting Standards

Recent Accounting Standards


Management does not believe that any recently issued, but not yet effective, accounting standards, if currently adopted, would have a material effect on the Company’s condensed financial statements.

XML 29 R20.htm IDEA: XBRL DOCUMENT v3.21.2
Revision of Previously Issued Financial Statement (Tables)
3 Months Ended
Mar. 31, 2021
Condensed Financial Information Disclosure [Abstract]  
Schedule of equity instead of as derivative liabilities
   As         
   Previously       As 
   Reported   Adjustments   Revised 
Balance sheet as of March 9, 2021 (audited)            
Warrant Liability  $   $8,435,000   $8,435,000 
Class A Common Stock Subject to Possible Redemption   273,705,080    (8,435,000)   265,270,080 
Class A Common Stock   138    84    222 
Additional Paid-in Capital   5,000,145    261,071    5,261,216 
Accumulated Deficit   (1,000)   (261,155)   (262,155)
XML 30 R21.htm IDEA: XBRL DOCUMENT v3.21.2
Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2021
Accounting Policies [Abstract]  
Schedule of calculation of basic and diluted net income (loss) per common share
  

Three Months

Ended

March 31,

2021

 
Class A common stock subject to possible redemption    
Numerator: Earnings attributable to Class A common stock subject to possible redemption    
Interest earned on marketable securities held in Trust Account  $4,610 
Unrealized gain on marketable securities held in Trust Account   4,418 
Less: interest available to be withdrawn for payment of taxes   (9,028)
Net income attributable  $ 
Denominator: Weighted Average Class A common stock subject to possible redemption     
Basic and diluted weighted average shares outstanding, Class A common stock subject to possible redemption   26,527,008 
Basic and diluted net income per share, Class A common stock subject to possible redemption  $ 
      
Non-Redeemable Common Stock     
Numerator: Net Loss minus Net Earnings     
Net loss  $(252,841)
Less: Net income allocable to Class A common stock subject to possible redemption    
Non-Redeemable Net Loss  $(252,841)
Denominator: Weighted Average Non-redeemable common stock     
Basic and diluted weighted average shares outstanding, Non-redeemable common stock   7,022,565 
Basic and diluted net loss per share, Non-redeemable common stock  $(0.04)
XML 31 R22.htm IDEA: XBRL DOCUMENT v3.21.2
Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2021
Fair Value Disclosures [Abstract]  
Schedule of the Company’s assets that are measured at fair value on a recurring basis
Description   Level   March 31,
2021
 
Assets:            
Marketable securities held in Trust Account   1   $ 287,509,784  
Liabilities:            
Warrant Liability – Public Warrants   3     4,427,500  
Warrant Liability – Private Placement Warrants   3     3,900,000  
Schedule of initial measurement of Public Warrants and Private Placement Warrants and subsequent measurement of the Private Place Warrants
Term   March 9,
2021
    March 31,
2021
 
Risk-free interest rate     1.00 %     0.99 %
Market price of public stock   $ 9.84     $ 9.85  
Dividend Yield     0.00 %     0.00 %
Implied volatility     13.1 %     13.1 %
Exercise price     11.50     $ 11.50  
Probability of Business Combination     75 %     75 %
Term (years)     5       5  
Schedule of the fair value of warrant liabilities
   Private
Placement
   Public   Warrant
Liabilities
 
Fair value as of March 9, 2021  $3,950,000   $4,485,000   $8,435,000 
Change in valuation inputs or other assumptions   (50,000)   (57,500)   (107,500)
Fair value as of March 31, 2021  $3,900,000   $4,427,500   $8,327,500 
XML 32 R23.htm IDEA: XBRL DOCUMENT v3.21.2
Description of Organization and Business Operations (Details) - USD ($)
3 Months Ended
Mar. 09, 2021
Mar. 31, 2021
Description of Organization and Business Operations (Details) [Line Items]    
Assets held in the trust account, percentage   1.50%
Transaction costs   $ 16,318,918
Underwriting fees   5,750,000
Deferred underwriting fees   10,062,500
Other offering cost   $ 506,418
Closing Initial public offering $ 287,500,000  
Share price (in Dollars per share) $ 10.00  
Fair marker percentage   80.00%
Public share price (in Dollars per share)   $ 10.00
Net tangible assets   $ 5,000,001
Aggregate of share sold, percentage   15.00%
Redemption of public shares, percentage   100.00%
Net interest to pay dissolution expenses   $ 100,000
Public share (in Dollars per share)   $ 10.00
Business Combination [Member]    
Description of Organization and Business Operations (Details) [Line Items]    
Voting percentage   50.00%
Sponsor [Member] | InterPrivate Acquisition Management IV, LLC [Member]    
Description of Organization and Business Operations (Details) [Line Items]    
Gross proceed   $ 7,500,000
Over-Allotment Option [Member]    
Description of Organization and Business Operations (Details) [Line Items]    
Sale of unit (in Shares) 28,750,000  
Initial Public Offering [Member]    
Description of Organization and Business Operations (Details) [Line Items]    
Sale of unit (in Shares) 3,750,000  
Price per unit (in Dollars per share) $ 10.00  
Business combination description   In the event of such distribution, it is possible that the per share value of the assets remaining available for distribution will be less than the Initial Public Offering price per Unit ($10.00).
Private Placement [Member]    
Description of Organization and Business Operations (Details) [Line Items]    
Gross proceed $ 287,500,000  
Number of warrants (in Shares)   5,000,000
XML 33 R24.htm IDEA: XBRL DOCUMENT v3.21.2
Revision of Previously Issued Financial Statement (Details)
3 Months Ended
Mar. 31, 2021
Condensed Financial Information Disclosure [Abstract]  
Outstanding shares, percentage 50.00%
XML 34 R25.htm IDEA: XBRL DOCUMENT v3.21.2
Revision of Previously Issued Financial Statement (Details) - Schedule of equity instead of as derivative liabilities
12 Months Ended
Dec. 31, 2021
USD ($)
As Previously Reported [Member]  
Error Corrections and Prior Period Adjustments Restatement [Line Items]  
Warrant Liability
Class A Common Stock Subject to Possible Redemption 273,705,080
Class A Common Stock 138
Additional Paid-in Capital 5,000,145
Accumulated Deficit (1,000)
Adjustments [Member]  
Error Corrections and Prior Period Adjustments Restatement [Line Items]  
Warrant Liability 8,435,000
Class A Common Stock Subject to Possible Redemption (8,435,000)
Class A Common Stock 84
Additional Paid-in Capital 261,071
Accumulated Deficit (261,155)
As Revised [Member]  
Error Corrections and Prior Period Adjustments Restatement [Line Items]  
Warrant Liability 8,435,000
Class A Common Stock Subject to Possible Redemption 265,270,080
Class A Common Stock 222
Additional Paid-in Capital 5,261,216
Accumulated Deficit $ (262,155)
XML 35 R26.htm IDEA: XBRL DOCUMENT v3.21.2
Summary of Significant Accounting Policies (Details)
3 Months Ended
Mar. 31, 2021
USD ($)
shares
Accounting Policies [Abstract]  
Statutory tax rate 21.00%
Initial public offering warrant sold 5,750,000
Initial public offering and private placement aggregate price 5,000,000
Federal depository insurance (in Dollars) | $ $ 250,000
XML 36 R27.htm IDEA: XBRL DOCUMENT v3.21.2
Summary of Significant Accounting Policies (Details) - Schedule of calculation of basic and diluted net income (loss) per common share
3 Months Ended
Mar. 31, 2021
USD ($)
$ / shares
shares
Numerator: Earnings attributable to Class A common stock subject to possible redemption  
Interest earned on marketable securities held in Trust Account $ 4,610
Unrealized gain on marketable securities held in Trust Account 4,418
Less: interest available to be withdrawn for payment of taxes (9,028)
Net income attributable
Basic and diluted weighted average shares outstanding, Class A common stock subject to possible redemption (in Shares) | shares 26,527,008
Basic and diluted net income per share, Class A common stock subject to possible redemption (in Dollars per share) | $ / shares
Numerator: Net Loss minus Net Earnings  
Net loss $ (252,841)
Less: Net income allocable to Class A common stock subject to possible redemption
Non-Redeemable Net Loss $ (252,841)
Basic and diluted weighted average shares outstanding, Non-redeemable common stock (in Shares) | shares 7,022,565
Basic and diluted net loss per share, Non-redeemable common stock (in Dollars per share) | $ / shares $ (0.04)
XML 37 R28.htm IDEA: XBRL DOCUMENT v3.21.2
Public Offering (Details)
3 Months Ended
Mar. 31, 2021
USD ($)
$ / shares
shares
Public Offering (Details) [Line Items]  
Purchase price (in Dollars per share) | $ / shares $ 10.00
Transaction costs $ 16,318,918
Underwriting fees 5,750,000
Deferred underwriting fees 10,062,500
Other offering costs 506,418
Cash held trust account $ 1,712,100
Over-Allotment Option [Member]  
Public Offering (Details) [Line Items]  
Public offering, share (in Shares) | shares 28,750,000
Initial Public Offering [Member]  
Public Offering (Details) [Line Items]  
Public offering, share (in Shares) | shares 3,750,000
Initial public offering, description Each Unit consists of one share of Class A common stock and one-fifth of one redeemable warrant (“Public Warrant”). Each Public Warrant entitles the holder to purchase one share of Class A common stock at an exercise price of $11.50 per whole share (see Note 9).
XML 38 R29.htm IDEA: XBRL DOCUMENT v3.21.2
Private Placement (Details)
3 Months Ended
Mar. 31, 2021
USD ($)
$ / shares
shares
Private Placement (Details) [Line Items]  
Aggregate purchase price | $ $ 7,500,000
Private Placement [Member]  
Private Placement (Details) [Line Items]  
Aggregate purchase shares | shares 5,000,000
Shares issued price per share | $ / shares $ 1.50
Aggregate purchase price | $ $ 7,500,000
Class A Common Stock [Member]  
Private Placement (Details) [Line Items]  
Shares issued price per share | $ / shares $ 11.50
Purchase of common stock | shares 1
XML 39 R30.htm IDEA: XBRL DOCUMENT v3.21.2
Related Party Transactions (Details) - USD ($)
2 Months Ended 3 Months Ended
Jan. 13, 2021
Mar. 04, 2021
Mar. 31, 2021
Mar. 09, 2021
Related Party Transactions (Details) [Line Items]        
Sponsor, description     The Sponsor has agreed, subject to certain limited exceptions, not to transfer, assign or sell any of the Founder Shares until (i) with respect to 50% of such shares, for a period ending on the earlier of the one-year anniversary of the date of the consummation of the initial Business Combination and the date on which the closing price of the Company’s Class A common stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock capitalizations, reorganizations, recapitalizations and the like) for any 20 trading days within a 30-trading day period following the consummation of a Business Combination and (ii) with respect to the remaining 50% of such shares, for a period ending on the one-year anniversary of the date of the consummation of a Business Combination, or, in either case, earlier if, subsequent to a Business Combination, the Company consummates a liquidation, merger, stock exchange or other similar transaction which results in all of the stockholders having the right to exchange their shares of common stock for cash, securities or other property.  
Office and administrative services   $ 10,000    
Incurred fees     $ 10,000  
Principal amount $ 300,000      
Promissory note       $ 166,493
Working capital loans     $ 1,500,000  
Founder Shares [Member]        
Related Party Transactions (Details) [Line Items]        
Offering cost $ 25,000      
Shares consideration (in Shares) 7,187,500      
Share subject to forfeiture (in Shares) 937,500      
Issued and outstanding shares percentage 20.00%      
Warrant [Member] | Business Combination [Member]        
Related Party Transactions (Details) [Line Items]        
Business combination warrant per share (in Dollars per share)     $ 1.50  
XML 40 R31.htm IDEA: XBRL DOCUMENT v3.21.2
Commitments and Contingencies (Details)
3 Months Ended
Mar. 31, 2021
USD ($)
$ / shares
Commitments and Contingencies (Details) [Line Items]  
Deferred fee | $ / shares $ 0.35
Over-Allotment Option [Member]  
Commitments and Contingencies (Details) [Line Items]  
Aggregate underwriting discount | $ $ 10,062,500
XML 41 R32.htm IDEA: XBRL DOCUMENT v3.21.2
Stockholders' Equity (Details)
3 Months Ended
Mar. 31, 2021
$ / shares
shares
Stockholders' Equity (Details) [Line Items]  
Preferred stock, shares authorized 1,000,000
Preferred stock, par value (in Dollars per share) | $ / shares $ 0.0001
Conversion basis percentage 20.00%
Class A Common Stock [Member]  
Stockholders' Equity (Details) [Line Items]  
Common stock, shares authorized 380,000,000
Common stock par value (in Dollars per share) | $ / shares $ 0.0001
Common stock, share issued 2,222,061
Common stock, share outstanding 2,222,061
Common stock subject to possible redemption 26,527,939
Class B Common Stock [Member]  
Stockholders' Equity (Details) [Line Items]  
Common stock, shares authorized 20,000,000
Common stock par value (in Dollars per share) | $ / shares $ 0.0001
Common stock, share issued 7,187,500
Common stock, share outstanding 7,187,500
XML 42 R33.htm IDEA: XBRL DOCUMENT v3.21.2
Warrants (Details)
3 Months Ended
Mar. 31, 2021
$ / shares
Warrants (Details) [Line Items]  
Warrants expire term 5 years
Warrants Description Once the warrants become exercisable, the Company may redeem the outstanding warrants: ● in whole and not in part; ● at a price of $0.01 per warrant; ● upon a minimum of 30 days’ prior written notice of redemption to each warrant holder; and ● if, and only if, the closing price of the Class A common stock for any 20 trading days within a 30-trading day period ending three trading days before the Company sends the notice of redemption to the warrant holders equals or exceeds $18.00 per share (as adjusted).
Market value per share $ 9.20
Market value and newly issued price 115.00%
Redemption trigger price per share $ 18.00
Redemption trigger percentage 80.00%
Business Combination [Member]  
Warrants (Details) [Line Items]  
Total equity proceeds, percentage 60.00%
Class A Common Stock [Member] | Business Combination [Member]  
Warrants (Details) [Line Items]  
Business combination effective issue price per share $ 9.20
XML 43 R34.htm IDEA: XBRL DOCUMENT v3.21.2
Fair Value Measurements (Details)
$ / shares in Units, $ in Millions
3 Months Ended
Mar. 31, 2021
USD ($)
$ / shares
Private Placement Warrants [Member]  
Fair Value Measurements (Details) [Line Items]  
Aggregate values, per warrants | $ / shares $ 0.78
Aggregate values | $ $ 3.9
Public Warrants [Member]  
Fair Value Measurements (Details) [Line Items]  
Aggregate values, per warrants | $ / shares $ 0.77
Aggregate values | $ $ 4.4
XML 44 R35.htm IDEA: XBRL DOCUMENT v3.21.2
Fair Value Measurements (Details) - Schedule of the Company’s assets that are measured at fair value on a recurring basis
Mar. 31, 2021
USD ($)
Level 1 [Member]  
Fair Value Measurements (Details) - Schedule of the Company’s assets that are measured at fair value on a recurring basis [Line Items]  
Marketable securities held in Trust Account $ 287,509,784
Level 3 [Member]  
Fair Value Measurements (Details) - Schedule of the Company’s assets that are measured at fair value on a recurring basis [Line Items]  
Warrant Liability – Public Warrants 4,427,500
Warrant Liability – Private Placement Warrants $ 3,900,000
XML 45 R36.htm IDEA: XBRL DOCUMENT v3.21.2
Fair Value Measurements (Details) - Schedule of initial measurement of Public Warrants and Private Placement Warrants and subsequent measurement of the Private Place Warrants - $ / shares
12 Months Ended
Mar. 31, 2021
Mar. 09, 2021
Schedule of initial measurement of Public Warrants and Private Placement Warrants and subsequent measurement of the Private Place Warrants [Abstract]    
Risk-free interest rate 0.99% 1.00%
Market price of public stock (in Dollars per share) $ 9.85 $ 9.84
Dividend Yield 0.00% 0.00%
Implied volatility 13.10% 13.10%
Exercise price (in Dollars per share) $ 11.50 $ 11.50
Probability of Business Combination 75.00% 75.00%
Term (years) 5 years 5 years
XML 46 R37.htm IDEA: XBRL DOCUMENT v3.21.2
Fair Value Measurements (Details) - Schedule of the fair value of warrant liabilities
3 Months Ended
Mar. 31, 2021
USD ($)
Private Placement [Member]  
Fair Value Measurements (Details) - Schedule of the fair value of warrant liabilities [Line Items]  
Fair value beginning balance $ 3,950,000
Change in valuation inputs or other assumptions (50,000)
Fair value ending balance 3,900,000
Public [Member]  
Fair Value Measurements (Details) - Schedule of the fair value of warrant liabilities [Line Items]  
Fair value beginning balance 4,485,000
Change in valuation inputs or other assumptions (57,500)
Fair value ending balance 4,427,500
Warrant Liabilities [Member]  
Fair Value Measurements (Details) - Schedule of the fair value of warrant liabilities [Line Items]  
Fair value beginning balance 8,435,000
Change in valuation inputs or other assumptions (107,500)
Fair value ending balance $ 8,327,500
EXCEL 47 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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end XML 48 Show.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 49 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 50 FilingSummary.xml IDEA: XBRL DOCUMENT 3.21.2 html 55 278 1 false 20 0 false 4 false false R1.htm 000 - Document - Document And Entity Information Sheet http://www.InterPrivate.com/role/DocumentAndEntityInformation Document And Entity Information Cover 1 false false R2.htm 001 - Statement - Condensed Balance Sheet Sheet http://www.InterPrivate.com/role/ConsolidatedBalanceSheet Condensed Balance Sheet Statements 2 false false R3.htm 002 - Statement - Condensed Balance Sheet (Parentheticals) Sheet http://www.InterPrivate.com/role/ConsolidatedBalanceSheet_Parentheticals Condensed Balance Sheet (Parentheticals) Statements 3 false false R4.htm 003 - Statement - Condensed Statement of Operations (Unaudited) Sheet http://www.InterPrivate.com/role/ConsolidatedIncomeStatement Condensed Statement of Operations (Unaudited) Statements 4 false false R5.htm 004 - Statement - Condensed Statement of Changes in Stockholders??? Equity (Unaudited) Sheet http://www.InterPrivate.com/role/ShareholdersEquityType2or3 Condensed Statement of Changes in Stockholders??? Equity (Unaudited) Statements 5 false false R6.htm 005 - Statement - Condensed Statement of Changes in Stockholders??? Equity (Unaudited) (Parentheticals) Sheet http://www.InterPrivate.com/role/ShareholdersEquityType2or3_Parentheticals Condensed Statement of Changes in Stockholders??? Equity (Unaudited) (Parentheticals) Statements 6 false false R7.htm 006 - Statement - Condensed Statement of Cash Flows (Unaudited) Sheet http://www.InterPrivate.com/role/ConsolidatedCashFlow Condensed Statement of Cash Flows (Unaudited) Statements 7 false false R8.htm 007 - Disclosure - Description of Organization and Business Operations Sheet http://www.InterPrivate.com/role/DescriptionofOrganizationandBusinessOperations Description of Organization and Business Operations Notes 8 false false R9.htm 008 - Disclosure - Revision of Previously Issued Financial Statement Sheet http://www.InterPrivate.com/role/RevisionofPreviouslyIssuedFinancialStatement Revision of Previously Issued Financial Statement Notes 9 false false R10.htm 009 - Disclosure - Summary of Significant Accounting Policies Sheet http://www.InterPrivate.com/role/SummaryofSignificantAccountingPolicies Summary of Significant Accounting Policies Notes 10 false false R11.htm 010 - Disclosure - Public Offering Sheet http://www.InterPrivate.com/role/PublicOffering Public Offering Notes 11 false false R12.htm 011 - Disclosure - Private Placement Sheet http://www.InterPrivate.com/role/PrivatePlacement Private Placement Notes 12 false false R13.htm 012 - Disclosure - Related Party Transactions Sheet http://www.InterPrivate.com/role/RelatedPartyTransactions Related Party Transactions Notes 13 false false R14.htm 013 - Disclosure - Commitments and Contingencies Sheet http://www.InterPrivate.com/role/CommitmentsandContingencies Commitments and Contingencies Notes 14 false false R15.htm 014 - Disclosure - Stockholders' Equity Sheet http://www.InterPrivate.com/role/StockholdersEquity Stockholders' Equity Notes 15 false false R16.htm 015 - Disclosure - Warrants Sheet http://www.InterPrivate.com/role/Warrants Warrants Notes 16 false false R17.htm 016 - Disclosure - Fair Value Measurements Sheet http://www.InterPrivate.com/role/FairValueMeasurements Fair Value Measurements Notes 17 false false R18.htm 017 - Disclosure - Subsequent Events Sheet http://www.InterPrivate.com/role/SubsequentEvents Subsequent Events Notes 18 false false R19.htm 018 - Disclosure - Accounting Policies, by Policy (Policies) Sheet http://www.InterPrivate.com/role/AccountingPoliciesByPolicy Accounting Policies, by Policy (Policies) Policies http://www.InterPrivate.com/role/SummaryofSignificantAccountingPolicies 19 false false R20.htm 019 - Disclosure - Revision of Previously Issued Financial Statement (Tables) Sheet http://www.InterPrivate.com/role/RevisionofPreviouslyIssuedFinancialStatementTables Revision of Previously Issued Financial Statement (Tables) Tables http://www.InterPrivate.com/role/RevisionofPreviouslyIssuedFinancialStatement 20 false false R21.htm 020 - Disclosure - Summary of Significant Accounting Policies (Tables) Sheet http://www.InterPrivate.com/role/SummaryofSignificantAccountingPoliciesTables Summary of Significant Accounting Policies (Tables) Tables http://www.InterPrivate.com/role/SummaryofSignificantAccountingPolicies 21 false false R22.htm 021 - Disclosure - Fair Value Measurements (Tables) Sheet http://www.InterPrivate.com/role/FairValueMeasurementsTables Fair Value Measurements (Tables) Tables http://www.InterPrivate.com/role/FairValueMeasurements 22 false false R23.htm 022 - Disclosure - Description of Organization and Business Operations (Details) Sheet http://www.InterPrivate.com/role/DescriptionofOrganizationandBusinessOperationsDetails Description of Organization and Business Operations (Details) Details http://www.InterPrivate.com/role/DescriptionofOrganizationandBusinessOperations 23 false false R24.htm 023 - Disclosure - Revision of Previously Issued Financial Statement (Details) Sheet http://www.InterPrivate.com/role/RevisionofPreviouslyIssuedFinancialStatementDetails Revision of Previously Issued Financial Statement (Details) Details http://www.InterPrivate.com/role/RevisionofPreviouslyIssuedFinancialStatementTables 24 false false R25.htm 024 - Disclosure - Revision of Previously Issued Financial Statement (Details) - Schedule of equity instead of as derivative liabilities Sheet http://www.InterPrivate.com/role/ScheduleofequityinsteadofasderivativeliabilitiesTable Revision of Previously Issued Financial Statement (Details) - Schedule of equity instead of as derivative liabilities Details http://www.InterPrivate.com/role/RevisionofPreviouslyIssuedFinancialStatementTables 25 false false R26.htm 025 - Disclosure - Summary of Significant Accounting Policies (Details) Sheet http://www.InterPrivate.com/role/SummaryofSignificantAccountingPoliciesDetails Summary of Significant Accounting Policies (Details) Details http://www.InterPrivate.com/role/SummaryofSignificantAccountingPoliciesTables 26 false false R27.htm 026 - Disclosure - Summary of Significant Accounting Policies (Details) - Schedule of calculation of basic and diluted net income (loss) per common share Sheet http://www.InterPrivate.com/role/ScheduleofcalculationofbasicanddilutednetincomelosspercommonshareTable Summary of Significant Accounting Policies (Details) - Schedule of calculation of basic and diluted net income (loss) per common share Details http://www.InterPrivate.com/role/SummaryofSignificantAccountingPoliciesTables 27 false false R28.htm 027 - Disclosure - Public Offering (Details) Sheet http://www.InterPrivate.com/role/PublicOfferingDetails Public Offering (Details) Details http://www.InterPrivate.com/role/PublicOffering 28 false false R29.htm 028 - Disclosure - Private Placement (Details) Sheet http://www.InterPrivate.com/role/PrivatePlacementDetails Private Placement (Details) Details http://www.InterPrivate.com/role/PrivatePlacement 29 false false R30.htm 029 - Disclosure - Related Party Transactions (Details) Sheet http://www.InterPrivate.com/role/RelatedPartyTransactionsDetails Related Party Transactions (Details) Details http://www.InterPrivate.com/role/RelatedPartyTransactions 30 false false R31.htm 030 - Disclosure - Commitments and Contingencies (Details) Sheet http://www.InterPrivate.com/role/CommitmentsandContingenciesDetails Commitments and Contingencies (Details) Details http://www.InterPrivate.com/role/CommitmentsandContingencies 31 false false R32.htm 031 - Disclosure - Stockholders' Equity (Details) Sheet http://www.InterPrivate.com/role/StockholdersEquityDetails Stockholders' Equity (Details) Details http://www.InterPrivate.com/role/StockholdersEquity 32 false false R33.htm 032 - Disclosure - Warrants (Details) Sheet http://www.InterPrivate.com/role/WarrantsDetails Warrants (Details) Details http://www.InterPrivate.com/role/Warrants 33 false false R34.htm 033 - Disclosure - Fair Value Measurements (Details) Sheet http://www.InterPrivate.com/role/FairValueMeasurementsDetails Fair Value Measurements (Details) Details http://www.InterPrivate.com/role/FairValueMeasurementsTables 34 false false R35.htm 034 - Disclosure - Fair Value Measurements (Details) - Schedule of the Company???s assets that are measured at fair value on a recurring basis Sheet http://www.InterPrivate.com/role/ScheduleoftheCompanysassetsthataremeasuredatfairvalueonarecurringbasisTable Fair Value Measurements (Details) - Schedule of the Company???s assets that are measured at fair value on a recurring basis Details http://www.InterPrivate.com/role/FairValueMeasurementsTables 35 false false R36.htm 035 - Disclosure - Fair Value Measurements (Details) - Schedule of initial measurement of Public Warrants and Private Placement Warrants and subsequent measurement of the Private Place Warrants Sheet http://www.InterPrivate.com/role/ScheduleofinitialmeasurementofPublicWarrantsandPrivatePlacementWarrantsandsubsequentmeasurementofthePrivatePlaceWarrantsTable Fair Value Measurements (Details) - Schedule of initial measurement of Public Warrants and Private Placement Warrants and subsequent measurement of the Private Place Warrants Details http://www.InterPrivate.com/role/FairValueMeasurementsTables 36 false false R37.htm 036 - Disclosure - Fair Value Measurements (Details) - Schedule of the fair value of warrant liabilities Sheet http://www.InterPrivate.com/role/ScheduleofthefairvalueofwarrantliabilitiesTable Fair Value Measurements (Details) - Schedule of the fair value of warrant liabilities Details http://www.InterPrivate.com/role/FairValueMeasurementsTables 37 false false All Reports Book All Reports ipvi-20210331.xml ipvi-20210331.xsd ipvi-20210331_cal.xml ipvi-20210331_def.xml ipvi-20210331_lab.xml ipvi-20210331_pre.xml http://xbrl.sec.gov/dei/2021 http://fasb.org/us-gaap/2021-01-31 http://fasb.org/srt/2021-01-31 true true ZIP 52 0001213900-21-038373-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001213900-21-038373-xbrl.zip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end