Agrico Acquisition Corp.

As of March 31, 2021, excludes up to 468,750 shares subject to forfeiture to the extent that the underwriter’s over- allotment option is not exercised in full or in part. On April 9, 2021, the sponsor forfeited to the Company for no consideration an aggregate of 1,406,250 Founder Shares, which the Company cancelled, resulting in a decrease in the total number of Founder Shares outstanding from 5,000,000 shares to 3,593,750 shares.

Unaudited Condensed Statements of Cash Flows - USD ($)	3 Months Ended
Unaudited Condensed Statements of Cash Flows - USD ($)	Mar. 31, 2022	Mar. 31, 2021
Cash flows from Operating Activities:
Net loss	$ (379,541)
Adjustments to reconcile net loss to net cash used in operating activities:
Interest earned on cash and marketable securities held in Trust account	(6,823)
Changes in operating assets and liabilities:
Prepaid expenses	(46,282)
Due to related party	(73,795)
Accrued offering costs and expenses	130,439
Net cash used in operating activities	(376,002)
Cash flows from Financing Activities
Proceeds from issuance of promissory note to related party		25,000
Net cash provided by financing activities		25,000
Net change in cash	(376,002)	25,000
Cash, beginning of period	664,428
Cash, end of period	288,426	25,000
Supplemental disclosure of cash flow information:
Issuance of Class B ordinary shares to Sponsor in exchange for due to related party		25,000
Deferred offering costs included in accrued offering costs and expenses		20,450
Deferred offering costs paid by Sponsor		$ 57,771

Condensed Balance Sheets - USD ($)	Mar. 31, 2022	Dec. 31, 2021
Assets:
Cash	$ 288,426	$ 664,428
Prepaid expenses	52,365	6,083
Total current assets	340,791	670,511
Cash and marketable securities held in Trust Account	146,651,498	146,644,675
Total assets	146,992,289	147,315,186
Liabilities, Redeemable Ordinary Shares and Shareholders’ Deficit
Accrued offering costs and expenses	259,507	129,068
Due to related party		73,795
Total current liabilities	259,507	202,863
Deferred underwriters’ fee	5,031,250	5,031,250
Total liabilities	5,290,757	5,234,113
Commitments and Contingencies
Redeemable Ordinary Shares
Class A ordinary shares subject to possible redemption, 14,375,000 Class A ordinary shares at redemption value of $10.20 per share at March 31, 2022 and December 31, 2021	146,625,000	146,625,000
Shareholders’ Deficit:
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding at March 31, 2022 and December 31, 2021
Class A ordinary shares, $0.0001 par value; 200,000,000 shares authorized; 143,750 shares issued and outstanding (excluding 14,375,000 shares subject to redemption) at March 31, 2022 and December 31, 2021	14	14
Class B ordinary shares, $0.0001 par value; 20,000,000 shares authorized; 3,593,750 shares issued and outstanding as of March 31, 2022 and December 31, 2021	359	359
Accumulated deficit	(4,923,841)	(4,544,300)
Total Shareholders’ Deficit	(4,923,468)	(4,543,927)
Total Liabilities, Redeemable Ordinary Shares and Shareholders’ Deficit	$ 146,992,289	$ 147,315,186