Golden Arrow Merger Corp.

05/12/2021 | Press release | Archived content

Unaudited Pro Forma Balance Sheet (Form 8-K)

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