ADDED
7262(b)) by the registered public accounting firm that prepared or issued its audit report.
Financial Statements 1 Condensed Balance Sheets as of March 31, 2022 (Unaudited) and December 31, 2021 1 Unaudited Condensed Statements of Operations for the Three Months Ended March 31, 2022 and March 31, 2021 2 Unaudited Condensed Statements of Changes in Shareholders Deficit for the Three Months Ended March 31, 2022 and March 31, 2021 3 Unaudited Condensed Statements of Cash Flows for the Three Months Ended March 31, 2022 and March 31, 2021 4 Notes to Condensed Financial Statements 5 Item 2.
All activity since January 12, 2021 relates to the Company s formation and the initial public offering (the Initial Public Offering ) and identifying a target or targets for a Business Combination, as described below.
The Company will generate non-operating income in the form of interest income on cash and cash equivalents from the proceeds derived from the Initial Public Offering and change in fair value of its warrant and forward purchase agreement liabilities.
Of the total transaction costs, $ 719,201 was reclassified as non-operating expense in the statements of operations with the rest of the offering costs charged to shareholders deficit.
REMOVED
Financial Statements Condensed Balance Sheets as of September 30, 2021 (unaudited) and December 31, 2020 (audited) 1 Condensed Statements of Operations for the three and nine months ended September 30, 2021 (unaudited) 2 Condensed Statements of Changes in Shareholders Deficit for the three and nine months ended September 30, 2021 (unaudited) 3 Condensed Statement of Cash Flows for the nine months ended September 30, 2021 (unaudited) 4 Notes to Unaudited Condensed Financial Statements 5 Item 2.
All activity since January 12, 2021 relates to the Company s formation and the initial public offering (the Initial Public Offering ), as described below.
The Company will generate non-operating income in the form of interest income on cash and cash equivalents from the proceeds derived from the Initial Public Offering.
Of the total transaction costs, $ 719,201 was reclassified as non-operating expense in the condensed statement of operations with the rest of the offering costs charged to shareholders equity.
Liquidity As of September 30, 2021, the Company had cash in an operating bank account, outside of the Trust Account, of $335,058 available for working capital needs.