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CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net income (loss) $ 23,003,274 $ 6,330,257
Adjustments to reconcile net income to net cash used in operating activities:    
Investment income earned on investments held in Trust Account (205,148) (57,155)
Offering costs associated with warrants recorded as liabilities 0 1,677,518
Change in fair value of warrant liabilities (23,566,288) (10,618,389)
Excess of fair value over cost on sale of Private Placement Warrants 0 2,146,129
Changes in operating assets and liabilities    
Prepaid expenses 190,893 (801,885)
Accrued expenses (1,399,910) 154,802
Accrued expenses - related party 9,790 0
Net cash used in operating activities (1,967,389) (1,168,723)
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 1,500,000 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 (780,246)
Net cash provided by financing activities 1,500,000 1,002,219,754
Net change in cash (467,389) 1,051,031
Cash – beginning of period 749,510 0
Cash – end of period 282,121 1,051,031
Supplemental disclosure of non-cash activities    
Accrued offering costs 0 141,692
Deferred underwriter’s commissions in connection with the initial public offering $ 0 $ 35,000,000