Summar of Revision of Previously Issued Financial Statements |
The impact of the revision on the Company’s financial statements is reflected in the following table:
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Balance Sheet as of December 31, 2020 (as revised in footnote 2 of form 10K/A filed on June 1, 2021) |
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Common Stock subject to possible redemption ($) |
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$ |
251,951,390 |
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$ |
48,048,610 |
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$ |
300,000,000 |
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Common stocks Class A, $0.0001 par value |
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481 |
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(481 |
) |
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— |
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Common stocks Class B, $0.0001 par value |
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750 |
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— |
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750 |
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Additional Paid in Capital |
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12,116,008 |
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(12,116,008 |
) |
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— |
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(7,117,234 |
) |
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(35,932,120 |
) |
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(43,049,354 |
) |
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Total Stockholders’ Equity (Deficit) |
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$ |
5,000,005 |
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$ |
(48,048,609 |
) |
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$ |
(43,048,604 |
) |
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Number of shares subject to redemption |
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25,195,139 |
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4,804,861 |
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30,000,000 |
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