Exhibit 99.1

 

COLOMBIER ACQUISITION CORP.
BALANCE SHEET
JUNE 11, 2021

 

       Pro Forma     
   June 11, 2021   Adjustments   As Adjusted 
       (unaudited)   (unaudited) 
ASSETS               
Current assets- Cash  $1,016,180   $1,240,000   $2,256,180 
Cash held in trust account   151,240,000    21,260,000    172,500,000 
Total Assets  $152,256,180   $22,500,000   $174,756,180 
                
LIABILITIES AND STOCKHOLDERS’ EQUITY               
Current Liabilities               
    Accrued expenses  $1,000   $—   $1,000 
    Accrued offering costs   394,504    —    394,504 
    Promissory note – related party   46,975    —    46,975 
        Total Current Liabilities   442,479    —    442,479 
                
Deferred underwriting payable   5,250,000    787,500    6,037,500 
Warrant liabilities   9,842,500    1,149,000    10,991,500 
Total Liabilities   15,534,979    1,936,500    17,471,479 
                
Commitments               
                
Common stock subject to possible redemption, 13,172,120 and 15,228,470 shares at redemption value, respectively   131,721,200    20,563,500    152,284,700 
                
Stockholders’ Equity               
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding   —    —    — 
Class A common stock, $0.0001 par value; 80,000,000 shares authorized; 1,827,880 and 2,021,530 shares issued and outstanding, respectively (excluding 13,172,120 and 15,228,470 shares subject to possible redemption, respectively)   183    19    202 
Class B common stock, $0.0001 par value; 20,000,000 shares authorized; 4,312,500 shares issued and outstanding   431         431 
Additional paid-in capital   5,290,819    39,168    5,329,987 
Accumulated deficit   (291,432)   (39,187)   (329,619)
Total Stockholders’ Equity   5,000,001    —    5,000,001 
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY  $152,256,180   $22,500,000   $174,756,180