Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash Flows from Operating Activities:    
Net loss $ (14,694,704) $ (2,686,114)
Adjustments to reconcile net loss to net cash used in operating activities:    
Change in fair value of warrant liability 11,620,500 3,620,625
Interest income earned on marketable securities held in Trust Account (63,087) (1,643,832)
Unrealized loss on marketable securities held in Trust Account 52 4,199
Deferred income tax provision   479
Changes in operating assets and liabilities:    
Prepaid expenses 11,257 (51,464)
Accrued expenses 2,551,720 (156,732)
Income taxes payable   247,935
Net cash used in operating activities (574,262) (664,904)
Cash Flows from Investing Activities:    
Interest withdrawn for tax payments 120,050 283,860
Net cash provided by investing activities 120,050 283,860
Cash Flows from Financing Activities:    
Proceeds from promissory notes 107,000  
Net cash provided by financing activities 107,000  
Net Change in Cash (347,212) (381,044)
Cash – Beginning 399,516 1,083,611
Cash – Ending 52,304 702,567
Non-cash investing and financing activities:    
Change in value of Class A common stock subject to possible redemption $ 53,391,642 $ (2,686,114)