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Balance Sheets - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Current assets    
Cash $ 223,949 $ 544,358
Prepaid expenses 191,862 402,871
Total Current Assets 415,811 947,229
Cash and marketable securities held in Trust Account 250,008,357 250,000,206
TOTAL ASSETS 250,424,168 250,947,435
Current liabilities    
Accrued expenses 730,942 52,890
Working capital loan - related party, at fair value 500,000
Total Current Liabilities 1,230,942 52,890
Warrant liabilities 5,116,917 10,923,502
Deferred underwriting fee payable 10,640,000 10,640,000
Total Liabilities 16,987,859 21,616,392
Commitments and contingencies  
Class A common stock subject to possible redemption 25,000,000 shares at $10.00 per share redemption value as of December 31, 2021 and 2020 250,000,000 250,000,000
Stockholders’ Deficit    
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding
Class A common stock, $0.0001 par value; 60,000,000 shares authorized; 575,000 shares issued and outstanding (excluding 25,000,000 shares subject to possible redemption) at December 31, 2021 and 2020 58 58
Class B common stock, $0.0001 par value; 10,000,000 shares authorized; 8,525,000 shares issued and outstanding at December 31, 2021 and 2020 853 853
Additional paid-in capital
Accumulated deficit (16,564,602) (20,669,868)
Total Stockholders’ Deficit (16,563,691) (20,668,957)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT $ 250,424,168 $ 250,947,435