Stryve Foods, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Significant Accounting Policies (Tables)

Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2020

Schedule of Basic and Diluted Loss Per Ordinary Share

The Company’s net income is adjusted for the portion of income that is attributable to ordinary shares subject to possible redemption, as these shares only participate in the earnings of the Trust Account and not the income or losses of the Company. Accordingly, basic and diluted loss per ordinary share is calculated as follows:

	Three Months Ended March 31,
	2020			2019
Net income	$	333,179		$	308,767
Less: Income attributable to ordinary shares subject to possible redemption		(456,840	)		(397,266	)
Adjusted net loss	$	(123,661	)	$	(88,499	)

Weighted average shares outstanding, basic and diluted		3,550,450			3,169,234

Basic and diluted net loss per ordinary share	$	(0.03	)	$	(0.03	)