Exhibit 99.1
CONYERS PARK III ACQUISITION CORP.
BALANCE SHEET
August 12, 2021
August 12, 2021 | Pro Forma Adjustments (unaudited) | As Adjusted (unaudited) | ||||||||||
Assets | ||||||||||||
Current Assets: | ||||||||||||
Cash | $ | 2,358,220 | $ | — | $ | 2,358,220 | ||||||
Prepaid expenses | 695,000 | — | 695,000 | |||||||||
Total current assets | 3,053,220 | — | 3,053,220 | |||||||||
Cash held in trust account | 350,000,000 | 7,000,000 | 357,000,000 | |||||||||
Total assets | $ | 353,053,220 | $ | 7,000,000 | $ | 360,053,220 | ||||||
Liabilities and Stockholders’ Equity | ||||||||||||
Current Liabilities: | ||||||||||||
Accounts payable and accrued expenses | $ | 695,000 | $ | — | $ | 695,000 | ||||||
Accounts payable - related party | 10,000 | — | 10,000 | |||||||||
Total current liabilities | 705,000 | — | 705,000 | |||||||||
Warrant liability | 9,800,000 | 137,200 | 9,937,200 | |||||||||
Deferred underwriting compensation | 12,250,000 | 245,000 | 12,495,000 | |||||||||
Total liabilities | 22,755,000 | 382,200 | 23,137,200 | |||||||||
Commitments and contingencies | ||||||||||||
Class A common stock, $0.0001 par value; 500,000,000 shares authorized; 32,529,821 and 33,191,601 shares subject to possible redemption at $10.00 redemption value, respectively | 325,298,210 | 6,617,800 | 331,916,010 | |||||||||
Stockholders’ equity | ||||||||||||
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding | — | — | — | |||||||||
Class A common stock, $0.0001 par value; 500,000,000 shares authorized; 2,470,179 and 2,508,399 shares issued and outstanding, respectively (excluding 32,529,821 and 33,191,601 shares subject to possible redemption, respectively) | 247 | 4 | 251 | |||||||||
Class B common stock, $0.0001 par value; 50,000,000 shares authorized; 10,062,500 shares issued and outstanding(1) | 1,006 | — | 1,006 | |||||||||
Additional paid-in capital | 5,028,908 | (108 | ) | 5,028,800 | ||||||||
Accumulated deficit | (30,151 | ) | 104 | (30,047 | ) | |||||||
Total stockholders’ equity | 5,000,010 | — | 5,000,010 | |||||||||
Total liabilities and stockholders’ equity | $ | 353,053,220 | $ | 7,000,000 | $ | 360,053,220 |
(1) | This number includes an aggregate of up to 1,312,500 shares of Class B common stock subject to forfeiture if the over-allotment option is not exercised in full or in part by the underwriters. |