Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities and Use of
Proceeds.
The consummation of the Business Combination,
and the financing transactions consummated in connection therewith, resulted in gross proceeds of $10.27 million.
The funds from the Business Combination and the
related financing transactions were used for: (i) redemptions to public stockholders, (ii) cash to balance sheet, and (iii) payment of
fees and expenses. The direct and indirect fees and expenses incurred were approximately $3.4 million.
Item 3. Defaults Upon Senior Securities.
None.
Item 4. Mine Safety Disclosures.
Not Applicable.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.