Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - Mountain Crest Acquisition Corp. III | tm2120023d2_8k.htm |
Exhibit 99.1
| Mountain Crest Acquisition Corp. III | ||||||
| BALANCE SHEET | ||||||
| May 20, 2021 | Pro Forma Adjustments (unaudited) | As Adjusted (unaudited) June 14, 2021 | ||||||||||
| ASSETS | ||||||||||||
| CURRENT ASSETS | ||||||||||||
| Cash | $ | 593,730 | $ | - | $ | 593,730 | ||||||
| Cash held in trust | 50,000,000 | 4,171,930 | 54,171,930 | |||||||||
| TOTAL ASSETS | $ | 50,593,730 | $ | 4,171,930 | $ | 54,765,660 | ||||||
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||||||||||||
| CURRENT LIABILITIES | ||||||||||||
| Accounts payable | $ | 1,000 | $ | - | $ | 1,000 | ||||||
| Deferred underwriting fee payable | 1,750,000 | 146,017 | 1,896,017 | |||||||||
| Total liabilities | 1,751,000 | 146,017 | 1,897,017 | |||||||||
| COMMITMENTS AND CONTINGENCIES | ||||||||||||
| Common stock subject to possible redemption, $0.0001 par value, 4,384,272 and 4,786,864 shares at redemption value of $10.00 per share, respectively. | 43,842,720 | 4,025,920 | 47,868,640 | |||||||||
| STOCKHOLDERS' EQUITY | ||||||||||||
| Common Stock; $0.0001 par value; 30,000,000 shares authorized; 2,264,220 shares issued and outstanding (excluding 4,786,864 shares subject to possible redemption). | 233 | (7 | ) | 226 | ||||||||
| Additional paid-in capital | 5,000,777 | - | 5,000,777 | |||||||||
| Retained earnings | (1,000 | ) | - | (1,000 | ) | |||||||
| Total stockholders' equity | 5,000,010 | (7 | ) | 5,000,003 | ||||||||
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $ | 50,593,730 | $ | 4,171,930 | $ | 54,765,660 | ||||||