XML 29 R18.htm IDEA: XBRL DOCUMENT v3.21.2
SUBSEQUENT EVENTS
5 Months Ended
Jun. 30, 2021
SUBSEQUENT EVENTS  
SUBSEQUENT EVENTS

NOTE 10. SUBSEQUENT EVENTS

The Company evaluated subsequent events and transactions that occurred after the balance sheet date up to the date that the condensed financial statements were issued. Based upon this review, other than as described below, the Company did not identify any subsequent events that would have required adjustment or disclosure in the condensed financial statements.

On July 1, 2021, the Underwriters exercised the over-allotment option in full and purchased an additional 2,250,000 Units (the “Over-Allotment Units”), generating gross proceeds of $22,500,000. Simultaneously, with underwriters exercise of the over-allotment, the Sponsor purchased an additional 450,000 Private Placement Warrants, for an aggregate purchase price of an additional $450,000.