Item 8.01. Other Events.

Due to the Company's anticipated inability to consummate an initial business combination within the time period required by its Amended and Restated Certificate of Incorporation, the Company intends to dissolve and liquidate in accordance with the provisions of its Amended and Restated Certificate of Incorporation and will redeem all of the shares of outstanding Class A common stock that were included in the units issued in its initial public offering (the "Public Shares"), at a per-share redemption price of approximately $10.15.

As of the close of business July 6, 2022, the Public Shares will be deemed cancelled and will represent only the right to receive the redemption amount, at which time the Company anticipates that its securities will cease trading on The Nasdaq Stock Market LLC.

In order to provide for the disbursement of funds from the trust account, the Company has instructed the trustee of the trust account to take all necessary actions to liquidate the trust account. The proceeds of the trust account will be held in a non-interest bearing account while awaiting disbursement to the holders of the Public Shares. Record holders may redeem their shares for their pro rata portion of the proceeds of the trust account by delivering their Public Shares to Continental Stock Transfer & Trust Company, the Company's transfer agent. Beneficial owners of Public Shares held in "street name," however, will not need to take any action in order to receive the redemption amount. The redemption of the Public Shares is expected to be completed within ten business days after July 6, 2022.

The Company's initial stockholders have waived their redemption rights with respect to its outstanding common stock issued prior to the Company's initial public offering.

There will be no redemption rights or liquidating distributions with respect to the Company's rights, which will expire worthless.

On July 1, 2022, the Company issued a press release announcing that the Company intends to dissolve and liquidate in accordance with the provisions of its Amended and Restated Certificate of Incorporation and will redeem all of its Public Shares. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.





Exhibit No.   Description

99.1            Press Release, dated July 1, 2022
              Pursuant to Rule 406 of Regulation S-T, the cover page is formatted in
101           Inline XBRL (Inline eXtensible Business Reporting Language).
              Cover Page Interactive Data File (embedded within the Inline XBRL
104           document and included in Exhibit 101).

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