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Balance Sheets - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Assets    
Cash $ 1,508,283 $ 174,193
Prepaid expenses 260,959
Deferred offering costs 125,550
Total current assets 1,769,242 299,743
Investments held in Trust Account 275,016,371
Total Assets 276,785,613 299,743
Current liabilities:    
Accounts payable and accrued expenses 1,880,348 761
Due to related party 326
Promissory note - related party 1,500,000 275,000
Total current liabilities 3,380,674 275,761
Warrant liability 14,177,394
Deferred underwriting discount 9,625,000
Total liabilities 27,183,068 275,761
Commitments and Contingencies
Class A common stock subject to possible redemption, 27,500,000 shares and 0 shares at redemption value at December 31, 2021 and 2020, respectively 275,000,000
Stockholders’ (Deficit) Equity    
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding
Class A common stock, $0.0001 par value; 100,000,000 shares authorized; none shares issued and outstanding (excluding 27,500,000 shares and 0 shares at redemption value of $10.00) at December 31, 2021 and 2020, respectively
Class B common stock, $0.0001 par value; 10,000,000 shares authorized; 6,875,000 shares and 6,900,000 (1) shares issued and outstanding at December 31, 2021 and 2020, respectively [1] 688 690
Additional paid-in capital 24,310
Accumulated deficit (25,398,143) (1,018)
Total Stockholders’ (Deficit) Equity (25,397,455) 23,982
Total Liabilities, Class A Common Stock Subject to Possible Redemption and Stockholders’ (Deficit) Equity $ 276,785,613 $ 299,743
[1] Included up to 900,000 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. On January 20, 2021, the Sponsor forfeited 25,000 founder shares to the extent that the over-allotment option was not exercised in full by the underwriters, resulting in an aggregate of 6,875,000 founder shares outstanding. (See Note 5)