Cover
Cover | Mar. 15, 2021 |
Document Type | 8-K/A |
Amendment Flag | true |
Amendment Description | Pine Technology Acquisition Corp. (the “Company”) is filing this Amendment No. 1 on Form 8-K/A (the “Amendment”) to amend and restate the Company’s audited balance sheet as of March 15, 2021 that had been filed with the Company’s Current Report on Form 8-K originally filed with the Securities and Exchange Commission (the “SEC”) on March 19, 2021 (the “Original 8-K”). The audited balance sheet is being restated to reflect the classification of the Company’s warrants as a liability at fair value, with subsequent changes in their respective fair values recognized in the statement of operations at each reporting date, in accordance with the SEC’s April 12, 2021 public statement (the “Statement”) which highlighted potential accounting implications of certain terms that are common in warrants issued in connection with the initial public offerings of special purpose acquisition companies such as the Company. The Company had previously classified its private placement warrants and public warrants (collectively, the “warrants”) as equity within the Original 8-K. |
Document Period End Date | Mar. 15, 2021 |
Entity File Number | 001-40179 |
Entity Registrant Name | PINE TECHNOLOGY ACQUISITION CORP. |
Entity Central Index Key | 0001838238 |
Entity Tax Identification Number | 86-1328728 |
Entity Incorporation, State or Country Code | DE |
Entity Address, Address Line One | 260 Lena Drive |
Entity Address, City or Town | Aurora |
Entity Address, State or Province | OH |
Entity Address, Postal Zip Code | 44202 |
City Area Code | 212 |
Local Phone Number | 402-8216 |
Written Communications | false |
Soliciting Material | false |
Pre-commencement Tender Offer | false |
Pre-commencement Issuer Tender Offer | false |
Entity Emerging Growth Company | true |
Elected Not To Use the Extended Transition Period | false |
Units, each consisting of one share of | |
Title of 12(b) Security | Units, each consisting of one share of |
Trading Symbol | PTOCU |
Security Exchange Name | NASDAQ |
Shares of Class A common stock | |
Title of 12(b) Security | Shares of Class A common stock |
Trading Symbol | PTOC |
Security Exchange Name | NASDAQ |
Warrants included as part of the units | |
Title of 12(b) Security | Warrants included as part of the units |
Trading Symbol | PTOCW |
Security Exchange Name | NASDAQ |