Quarterly report pursuant to Section 13 or 15(d)

Deferred Offering Costs - SPACs (Tables)

v3.21.4
Deferred Offering Costs - SPACs (Tables)
3 Months Ended
Nov. 30, 2021
Noncontrolling Interest [Abstract]  
Schedule of Deferred Offering Cost A reconciliation of the deferred offering costs recorded by the Company as of November 30, 2021 is set forth below:
SPAC Shares Value
Offering Cost as of August 31, 20211
Offering cost paid by sponsor Total Offering costs as of August 31, 2021 Recorded to APIC Balance as of November 30, 2021
IHC 2,000,000 4.7472 9,494,000 274,000 9,768,000 (9,768,000)
TechStackery
2,000,000 4.7472 9,494,000 147,000 9,641,000 —  9,641,000
Vital 2,000,000 4.7472 9,494,000 147,000 9,641,000 —  9,641,000
Firemark 4,000,000 4.7472 18,990,000 221,000 19,211,000 —  19,211,000
$47,472,000 $789,000 $48,261,000 $(9,768,000) $38,493,000
1 Offering Costs represent that portion of our Founder Shares in each of the following SPACs that we received as a result of our sponsorship, and which we transferred to the Representative during fiscal 2021