Quarterly report pursuant to Section 13 or 15(d)

Private Placement

v3.22.1
Private Placement
3 Months Ended
Mar. 31, 2022
Private Placement [Abstract]  
Private Placement
Note 4 – Private Placement


Simultaneously with the closing of the Initial Public Offering, the Sponsor purchased an aggregate of 7,146,000 Private Placement Warrants at a price of $1.00 per Private Placement Warrant, for an aggregate purchase price of $7,146,000, in a private placement. Each Private Placement Warrant is identical to the warrants offered in the Initial Public Offering, except there will be no redemption rights or liquidating distributions from the trust account with respect to Private Placement Warrants, which will expire worthless if we do not consummate a Business Combination within the Combination Period.