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Condensed Statement of Cash Flows (Unaudited)
6 Months Ended
Jun. 30, 2021
USD ($)
Cash Flows from Operating Activities:  
Net loss $ (2,520,994)
Adjustments to reconcile net loss to net cash used in operating activities:  
Change in fair value of warrant liabilities 1,400,000
Interest earned on marketable securities held in Trust Account (9,642)
Transaction costs incurred in connection with IPO 520,319
Changes in operating assets and liabilities:  
Prepaid expenses (340,510)
Accounts payable and accrued expenses 331,346
Net cash used in operating activities (619,481)
Cash Flows from Investing Activities:  
Investment of cash in Trust Account (230,000,000)
Net cash used in investing activities (230,000,000)
Cash Flows from Financing Activities:  
Proceeds from sale of Units, net of underwriting discounts paid 226,000,000
Proceeds from sale of Private Warrants 6,000,000
Refund of over payment of promissory note 25,000
Proceeds from promissory note – related party 60,910
Payments made on promissory note - related party (155,410)
Payment of offering costs (374,749)
Net cash provided by financing activities 231,555,751
Net Change in Cash 936,270
Cash – Beginning of period
Cash – End of period 936,270
Non-cash investing and financing activities:  
Initial classification of ordinary shares subject to possible redemption 204,195,750
Change in value of ordinary shares subject to possible redemption (2,000,674)
Deferred underwriting commission payable $ 8,650,000