Item 4. Controls and Procedures
Item
4. Controls and Procedures
Disclosure
controls and procedures are controls and other procedures that are designed to ensure that information required to be disclosed in our
reports filed or submitted under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in
the SEC’s rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed
to ensure that information required to be disclosed in our reports filed or submitted under the Exchange Act is accumulated and communicated
to our management, including our Chief Executive Officer and Chief Financial Officer, to allow timely decisions regarding required disclosure.
Evaluation
of Disclosure Controls and Procedures
As
required by Rules 13a-15 and 15d-15 under the Exchange Act, our Chief Executive Officer and Chief Financial Officer carried out
an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures as of September 30, 2021. Based
upon their evaluation, our Chief Executive Officer and Chief Financial Officer concluded that, during
the period covered by this report, our disclosure controls and procedures were effective and, accordingly, provided reasonable assurance
that the information required to be disclosed by us in reports filed under the Exchange Act is recorded, processed, summarized and reported
within the time periods specified in the SEC’s rules and forms.
Changes
in Internal Control Over Financial Reporting
During
the most recently completed fiscal quarter ended September 30, 2021, we have enhanced our internal controls over financial reporting
relating to redeemable equity instruments by continuing to recognize all Public Shares as temporary equity. We believe our efforts are
effective in identifying and appropriately applying applicable accounting requirements but we believe we will need additional time to
monitor and assess our efforts to evaluate their ultimate effectiveness. There have been no changes in our internal controls over financial
reporting, except as previously noted, that has materially affected, or is reasonably likely to affect, our internal control over financial
reporting.
20
PART II
- OTHER INFORMATION
ITEM
1. LEGAL PROCEEDINGS
None.
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.