|
As of September 30, 2023 and December 31, 2022, the Class A common stock reflected on the balance sheets are reconciled in the following table:
|
|
|
|
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Contingently redeemable common stock at January 1, 2022 |
|
$ |
234,600,000 |
|
Plus: |
|
|
|
|
Accretion to redemption value from earnings |
|
|
2,385,445 |
|
Accretion to redemption value from additional funding |
|
|
2,300,000 |
|
|
|
|
|
|
Contingently redeemable common stock at December 31, 2022 |
|
|
239,285,445 |
|
Less: |
|
|
|
|
Redemptions |
|
|
(182,460,109 |
) |
Plus: |
|
|
|
|
Accretion of carrying value to redemption value |
|
|
2,980,696 |
|
Accretion to redemption value from additional funding |
|
|
1,120,000 |
|
|
|
|
|
|
Contingently redeemable common stock at September 30, 2023 |
|
$ |
60,926,032 |
|
|
|
|
|
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