Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v3.22.1
Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2021
Accounting Policies [Abstract]  
Schedule of assets that are measured at fair value on a recurring basis
          Fair value measurements at reporting date using:  
Description   Fair Value    

Quoted prices
in active markets
for identical
liabilities

(Level 1)

    

Significant
other
observable
inputs

(Level 2)

    

Significant
unobservable inputs

(Level 3)

  
Assets:                                
Cash and cash equivalents, December 31, 2021   $ 52,966,706     $ 52,966,706     $
       -
     $
    -
  
                                 
Liabilities:                                
Warrant liabilities, December 31, 2021   $ 1,452,800     $
-
     $
-
     $ 1,452,800  

 
Schedule of relevant translation rates
    December 31,
2021		  
       
Closing rate, British Pound (GBP) to US$ as of December 31, 2021     1.348  
Average rate, GBP to US$ for the period ended December 31, 2021     1.371  
Closing rate, Euro (EUR) to US$ as of December 31, 2021     1.132  
Average rate, EUR to US$ for the period ended December 31, 2021     1.143