Attached files

file filename
8-K - CURRENT REPORT - Golden Arrow Merger Corp.ea140723-8k_goldenarrow.htm
EX-99.2 - PRESS RELEASE, DATED MAY 6, 2021 - Golden Arrow Merger Corp.ea140723ex99-2_golden.htm

Exhibit 99.1

 

GOLDEN ARROW MERGER CORP.

PRO FORMA BALANCE SHEET

 

   Actual as of
March 19,
2021
   Pro Forma Adjustments   As Adjusted as of
March 19,
2021
 
       (Unaudited)   (Unaudited) 
ASSETS            
Current assets            
Cash  $883,259    -   $883,259 
Prepaid expenses   545,650    -    545,650 
Total Current Assets   1,428,909    -    1,428,909 
                
Cash held in Trust Account   250,000,000    37,500,000    287,500,000 
Total Assets  $251,428,909    37,500,000   $288,928,909 
                
LIABILITIES AND STOCKHOLDERS’ EQUITY               
Liabilities:               
Current liabilities               
Accrued offering costs  $10,000    -   $10,000 
Promissory note – related party   141,367    -    141,367 
Total Current Liabilities   151,367    -    151,367 
                
Deferred underwriting fee payable   8,750,000    1,312,500    10,062,500 
Total Liabilities   8,901,367    1,312,500    10,213,867 
                
Commitments and Contingencies               
                
Class A common stock subject to possible redemption, 23,752,754 and 27,371,504 shares at a redemption value of $10.00 per share   237,527,540    36,187,500    273,715,040 
                
Stockholders’ Equity:               
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding   -    -    - 
Class A common stock, $0.0001 par value; 200,000,000 shares authorized; 1,247,246 and 1,378,496 issued and outstanding (excluding 23,752,754 and 27,371,504 shares subject to possible redemption)   125    13    138 
Class B common stock, $0.0001 par value; 20,000,000 shares authorized; 7,187,500 shares issued and outstanding (1)   719    -    719 
Additional paid-in capital   4,999,647    (13)   4,999,634 
Accumulated deficit   (489)   -    (489)
Total Stockholders’ Equity   5,000,002    -    5,000,002 
Total Liabilities and Stockholders’ Equity  $251,428,909    37,500,000   $288,928,909