Item 3. Quantitative and Qualitative Disclosures About Market Risk
Item 3. Quantitative and Qualitative Disclosures
About Market Risk
As of June 30, 2021, we were not subject to any market
or interest rate risk. Following the consummation of our IPO, the net proceeds of our IPO, including amounts in the Trust Account, have
been invested in U.S. government treasury bills, notes or bonds with a maturity of 180 days or less or in certain money market funds that
invest solely in U.S. treasuries. Due to the short-term nature of these investments, we believe there will be no associated material exposure
to interest rate risk.
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