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CONDENSED STATEMENT OF CASH FLOWS
6 Months Ended
Jun. 30, 2021
USD ($)
Cash Flows from Operating Activities:  
Net loss $ (507,869)
Adjustments to reconcile net loss to net cash used in operating activities:  
General and administrative expenses paid by Sponsor under promissory note 10,788
Change in fair value of derivative warrant liabilities (966,600)
Offering costs - derivative warrant liabilities 599,920
Changes in operating assets and liabilities:  
Prepaid expenses (544,133)
Accounts payable 1,331,456
Accrued expenses 63,200
Due to related party 3,247
Net cash used in operating activities (9,991)
Cash Flows from Investing Activities:  
Cash deposited in Trust Account (207,000,000)
Net cash used in investing activities (207,000,000)
Cash Flows from Financing Activities:  
Repayment of note payable to related party (94,427)
Proceeds received from initial public offering, gross 207,000,000
Proceeds received from private placement 6,140,000
Offering costs paid (4,213,484)
Net cash provided by financing activities 208,832,089
Net change in cash 1,822,098
Cash - beginning of the period 0
Cash - end of the period 1,822,098
Supplemental disclosure of noncash investing and financing activities:  
Offering costs included in accrued expenses 582,915
Offering costs included in accounts payable 58,000
Offering costs paid by Sponsor under promissory note 32,739
Deferred underwriting commissions 7,245,000
Initial value of Class A ordinary shares subject to possible redemption, as corrected 179,872,890
Change in value of Class A ordinary shares subject to possible redemption, as corrected $ 110,960