Quantitative and Qualitative Disclosures About Market Risk
−Removed: We are a smaller reporting
−Removed: company as defined by Rule 12b-2 of the Exchange Act and are not required to provide the information otherwise required under this item.
−Removed: As of March 31, 2021, we were not subject to any market or interest rate risk.
−Removed: The net proceeds of the Initial Public Offering, including
−Removed: amounts in the Trust Account, have been invested in U.S.
−Removed: government securities with a maturity of 185 days or less or in money market
−Removed: funds that meet certain conditions under Rule 2a-7 under the Investment Company Act of 1940, as amended, that invest only in direct U.S.
−Removed: government treasury obligations.
−Removed: Due to the short-term nature of these investments, we believe there will be no associated material exposure
−Removed: to interest rate risk.
−Removed: We have not engaged in
−Removed: any hedging activities since our inception and we do not expect to engage in any hedging activities with respect to the market risk to
−Removed: which we are exposed.
+Added: As of June 30, 2021,
+Added: we were not subject to any market or interest rate risk.
+Added: The net proceeds of the Initial Public Offering, including amounts in the Trust
+Added: Account, have been invested in U.S.
+Added: government securities with a maturity of 185 days or less or in money market funds that meet certain
+Added: conditions under Rule 2a-7 under the Investment Company Act of 1940, as amended, that invest only in direct U.S.
+Added: government treasury
+Added: Due to the short-term nature of these investments, we believe there will be no associated material exposure to interest
+Added: have not engaged in any hedging activities since our inception and we do not expect to engage in any hedging activities with respect
+Added: to the market risk to which we are exposed.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.