Colombier Acquisition Corp. Quarterly report pursuant to Section 13 or 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

8 Months Ended

Sep. 30, 2021

At September 30, 2021, the Class A Common stock reflected in the condensed balance sheet are reconciled in the following table:


Gross proceeds	$	172,500,000
Less:
Proceeds allocated to Public Warrants	$	(5,462,500)
Class A common stock issuance costs		(9,447,180)
Plus:
Accretion of carrying value to redemption value	$	14,909,680

Class A common stock subject to possible redemption	$	172,500,000

The following table reflects the calculation of basic and diluted net income (loss) per common share (in dollars, except per share amounts):


					For the period from February 12, 2021
	Three Months Ended				(inception) Through
	September 30, 2021				September 30, 2021
	Class A		Class B		Class A		Class B
Basic and diluted net income per common stock
Numerator:
Allocation of net income, as adjusted	$	3,808,241	$	961,158	$	2,549,680	$	1,230,606
Denominator:
Basic and diluted weighted average shares outstanding		17,062,500		4,306,386		8,236,784		3,975,496
Basic and diluted net income per common stock	$	0.22	$	0.22	$	0.31	$	0.31