PLBY (PLBY) 8-K Mountain Crest Acquisition Corp

Exhibit 99.1

MOUNTAIN CREST ACQUISITION CORP

BALANCE SHEET

JUNE 9, 2020  

	June 9, 2020			Pro Forma Adjustments		As Adjusted
				(unaudited)		(unaudited)
ASSETS
Current assets
Cash	$	432,822		$	—	$	432,822
Prepaid expenses		92,800			—		92,800
Total Current Assets		525,622			—		525,622
Cash held in Trust Account		51,000,000			7,647,960		58,647,960
TOTAL ASSETS	$	51,525,622		$	7,647,960	$	59,173,582
LIABILITIES AND STOCKHOLDERS’ EQUITY
Liabilities
Accrued offering costs	$	4,000		$	—	$	4,000
Promissory note – related party		92,704			—		92,704
Total Current Liabilities		96,704			—		96,704
Deferred underwriting fee payable		1,750,000			262,430		2,012,430
Total Liabilities		1,846,704			262,430		2,109,134
Commitments
Common stock subject to possible redemption, 4,380,286 and 5,104,357 shares at redemption value, respectively		44,678,917			7,385,524		52,064,441
Stockholders’ Equity
Common stock, $0.0001 par value; 30,000,000 shares authorized; 2,378,714 and 2,438,134 issued and outstanding (excluding 4,380,286 and 5,104,357 shares subject to possible redemption), respectively		238			6		244
Additional paid-in capital		5,000,466			—		5,000,466
Accumulated deficit		(703	)		—		(703	)
Total Stockholders’ Equity		5,000,001			6		5,000,007
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	51,525,622		$	7,647,960	$	59,173,582