Class A and B Common shares not subject to redemption includes Founder Shares and non-redeemable shares of common stock as these shares do not have any redemption features. Non-redeemable common stock participates in the income or loss on marketable securities based on non-redeemable shares’ proportionate interest.
|
For the Period From
January 1, 2021
through
March 31, 2021
|
|
Class A Common stock subject to possible redemption
|
|
|
|
Numerator: Earnings allocable to Common stock subject to possible redemption
|
|
|
|
Interest earned on marketable securities held in Trust Account
|
$
|
10,762
|
|
Less: interest available to be withdrawn for payment of taxes
|
|
(10,762
|
)
|
Net income
|
$
|
-
|
|
Denominator: Weighted Average Class A Common stock subject to possible redemption
|
|
|
|
Basic and diluted weighted average shares outstanding
|
|
19,416,841
|
|
Basic and diluted net income per share
|
$
|
0.00
|
|
Class A and B Common shares not subject to redemption
|
|
|
|
Numerator: Net Loss minus Net Earnings
|
|
|
|
Net loss
|
$
|
(6,170,865
|
)
|
Net income allocable to Class A Common Stock subject to possible redemption
|
|
-
|
|
Non-Redeemable Net Loss
|
$
|
(6,170,865
|
)
|
Denominator: Weighted Average Non-Redeemable Common Stock
|
|
|
|
Basic and diluted weighted average shares outstanding, Class A and B Common shares not subject to redemption
|
|
9,333,159
|
|
Basic and diluted net loss per share, Class A and B Common shares not subject to redemption
|
$
|
(0.66
|
)
|
|