Pivotal Investment Corp III Balance Sheet

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Financial Statements

In millions of USD, except per-share amounts

	Q2 FY2023 As of Jun 30, 2023	Q1 FY2023 As of Mar 31, 2023	Q4 FY2022 As of Dec 31, 2022	Q3 FY2022 As of Sep 30, 2022	Q2 FY2022 As of Jun 30, 2022	Q1 FY2022 As of Mar 31, 2022	Q4 FY2021 As of Dec 31, 2021	Q3 FY2021 As of Sep 30, 2021	Q2 FY2021 As of Jun 30, 2021	Q1 FY2021 As of Mar 31, 2021
Current assets
Cash
Prepaid expenses
Total Current Assets
Deferred offering costs
Marketable securities held in Trust Account
Marketable securities held in Trust Account
TOTAL ASSETS
Current liabilities
Accounts payable and accrued expenses
Accrued offering costs
Income taxes payable
Redemption payable
Total Current Liabilities
Warrant liabilities
Deferred underwriting fee payable
Warrant liabilities
Deferred underwriting fee payable
TOTAL LIABILITIES
Class A common stock subject to possible redemption 2,022,043 shares outstanding at redemption value of $10.20 and $10.07 as of June 30, 2023 and December 31, 2022, respectively
Stockholders’ Deficit
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; no shares issued and outstanding
Common stock value
Class A Common Stock
Class B Common Stock
Total common stock value
Class B common stock, $0.0001 par value; 25,000,000 shares authorized; 360,000 shares issued and outstanding, as of March 31, 2023 and December 31, 2022, respectively
Additional paid-in capital
Accumulated deficit
Class A Common Stock
Class B Common Stock
Total Stockholders’ Deficit
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT

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