v3.22.4
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2022
Dec. 31, 2021
Dec. 31, 2020
Current assets      
Cash $ 113,062 $ 400,073 $ 1,000
Prepaid expenses 178,224  
Total current assets 291,286 400,073 1,000
Deferred offering costs   177,644
Cash and marketable securities held in Trust Account 105,664,618 172,580,609
TOTAL ASSETS 105,955,904 172,980,682 178,644
Current liabilities      
Accounts payable and accrued expenses 1,892,364 637,375 1,132
Income taxes payable 124,924  
Promissory note – related party 1,030,035  
Accrued offering costs   69,500
Due to Sponsor   1,000
Promissory note – related party   83,905
Total current liabilities 3,047,323 637,375 155,537
Working Capital Loan (at fair value) 528,300  
Warrant liabilities 1,659,000 8,311,710
Deferred underwriting fee payable 6,037,500 6,037,500
Total Liabilities 11,272,123 14,986,585 155,537
Commitments and contingencies  
Class A common stock subject to possible redemption; 10,404,394 and 17,250,000 shares at redemption value of $10.14 and $10 as of September 30, 2022 and December 31, 2021 105,509,695 172,500,000
Stockholders’ Deficit      
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding
Class A common stock, $0.0001 par value; 280,000,000 shares authorized; none issued or outstanding (excluding 10,404,394 and 17,250,000 shares subject to possible redemption as of September 30, 2022 and December 31, 2021)
Class B common stock, $0.0001 par value; 20,000,000 shares authorized; 4,312,500 shares issued and outstanding as of September 30, 2022 and December 31, 2021 431 431 431
Additional paid-in capital 24,569
Accumulated deficit (10,826,345) (14,506,334) (1,893)
Total Stockholders’ Deficit (10,825,914) (14,505,903) 23,107
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT $ 105,955,904 $ 172,980,682 $ 178,644