Quarterly report pursuant to Section 13 or 15(d)

Condensed Balance Sheets

v3.21.2
Condensed Balance Sheets - USD ($)
Jun. 30, 2021
Dec. 31, 2020
Current assets    
Cash $ 301,891 $ 782,937
Prepaid expenses 233,466 292,552
Total Current Assets 535,357 1,075,489
Marketable securities held in Trust Account 111,107,428 111,101,918
TOTAL ASSETS 111,642,785 112,177,407
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Current Liabilities - Accrued expenses 145,740 106,241
Warrant liability 11,170,000 15,750,000
Deferred underwriting fee payable 3,850,000 3,850,000
Total Liabilities 15,165,740 19,706,241
Commitments
Common stock subject to possible redemption 9,056,977 and 8,660,511 shares at redemption value at June 30, 2021 and December 31, 2020, respectively 91,477,043 87,471,161
Stockholders’ Equity    
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding
Common stock, $0.0001 par value; 100,000,000 shares authorized; 4,693,023 and 5,089,489 issued and outstanding (excluding 9,056,977 and 8,660,511 shares subject to possible redemption) at June 30, 2021 and December 31, 2020, respectively 469 509
Additional paid-in capital   3,714,276
Retained earnings 4,999,533 1,285,220
Total Stockholders’ Equity 5,000,002 5,000,005
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 111,642,785 $ 112,177,407