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CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities:    
Net income $ 17,063,156 $ 20,380,504
Adjustments to reconcile net income to net cash used in operating activities:    
Investment income earned on investments held in Trust Account (330,519) (40,379)
Offering costs associated with warrants recorded as liabilities 0 1,674,648
Change in fair value of warrant liabilities (17,146,154) (24,367,413)
Excess of fair value over cost on sale of Private Placement Warrants 0 2,146,129
Changes in operating assets and liabilities    
Prepaid expenses 115,002 (925,360)
Accrued expenses (913,204) 75,155
Accrued expenses - related party (46,429) 12,500
Net cash used in operating activities (1,258,148) (1,044,216)
Cash flows from investing activities:    
Cash deposited in Trust Account 0 (1,000,000,000)
Net cash used in investing activities 0 (1,000,000,000)
Cash flows from financing activities:    
Proceeds received from working capital loan 1,000,000 0
Proceeds received from initial public offering, gross 0 1,000,000,000
Proceeds received from sale of Private Placement Warrants 0 23,000,000
Payment of underwriter commissions 0 (20,000,000)
Payment of offering costs 0 (765,091)
Net cash provided by financing activities 1,000,000 1,002,234,909
Net change in cash (258,148) 1,190,693
Cash – beginning of period 749,510 0
Cash – end of period 491,362 1,190,693
Supplemental disclosure of non-cash activities    
Accrued offering costs 0 103,855
Deferred underwriter’s commissions in connection with the initial public offering $ 0 $ 35,000,000