Quarterly report pursuant to Section 13 or 15(d)

BALANCE SHEET

v3.22.1
BALANCE SHEET - USD ($)
Mar. 31, 2022
Dec. 31, 2021
Current Assets    
Cash $ 458,152 $ 841,226
Prepaid expenses 422,193 424,695
Total Current Assets 880,345 1,265,921
Non-current prepaid expenses 70,088 175,216
Marketable securities held in Trust Account 172,517,647 172,506,512
Total Assets 173,468,079 173,947,649
Current Liabilities    
Accrued expenses 280,266 478,611
Total Current Liabilities 280,266 478,611
Warrant liabilities 3,217,264 6,083,516
Deferred underwriting fee payable 6,037,500 6,037,500
Total Liabilities 9,535,030 12,599,627
Commitments (Note 6)
Class A common stock subject to possible redemption 17,250,000 shares at redemption value of $10.00 per share as of March 31, 2022 and December 31, 2021 172,500,000  
Stockholders' Deficit    
Preferred stock, $0.0001 par value; 1,000,000 shares authorized, none issued and outstanding
Accumulated deficit (8,567,382) (11,152,409)
Total Stockholders' Deficit (8,566,951) (11,151,978)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT 173,468,079 173,947,649
Class A Common Stock Subject to Redemption    
Current Liabilities    
Class A common stock subject to possible redemption 17,250,000 shares at redemption value of $10.00 per share as of March 31, 2022 and December 31, 2021 172,500,000 172,500,000
Class B common stock    
Stockholders' Deficit    
Common stock $ 431 $ 431