Post-effective amendment to a registration statement that is not immediately effective upon filing

INCOME TAX (Tables)

v3.22.2.2
INCOME TAX (Tables)
11 Months Ended
Dec. 02, 2021
Income Taxes  
Schedule of net deferred tax assets

December 2, 

December 31, 

    

2021

    

2020

Deferred tax assets

 

  

 

  

Net operating loss carryforward

$

38,800

$

480

Startup/Organization Expenses

 

4,728,629

 

Total deferred tax assets, net

 

4,767,429

 

480

Valuation Allowance

 

(4,767,429)

 

(480)

Deferred tax assets, net of valuation allowance

$

$

Schedule of income tax provision (benefit)

For the period from

For the period from

 

January 1, 2021 through

 

August 20, 2020 (inception)

 

December 2,

 

through December 31,

    

2021

    

2020

Federal

 

  

 

  

Current

$

$

Deferred benefit

 

(4,773,438)

 

(480)

State and Local

 

  

 

  

Current

 

 

Deferred

 

 

Change in valuation allowance

 

4,773,438

 

480

Income tax provision

$

$

Schedule of reconciliation of federal statutory income tax rate

December 2, 

December 31, 

 

    

2021

    

2020

Statutory federal income tax rate

 

21.00

%  

21.00

%

State taxes, net of federal tax benefit

 

0.00

%  

0.00

%

Change in fair value of warrant liabilities

 

(1.76)

%  

0.00

%

Transaction costs incurred in connection with IPO

 

0.00

%  

0.00

%

Fair value of warrant liability in excess of proceeds from Private Placement

 

0.00

%  

0.00

%

Change in valuation allowance

 

(19.24)

%  

(21.00)

%

Income tax provision

 

0.00

%  

0.00

%