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STATEMENT OF CASH FLOWS
6 Months Ended
Jun. 30, 2021
USD ($)
Cash Flows from Operating Activities:  
Net Income $ 1,950,288
Adjustments to reconcile net income to net cash used in operating activities:  
Interest earned on investments held in Trust Account (3,509)
Change in fair value of warrant liability (4,043,256)
Transaction costs related to derivative liability 622,106
Changes in operating assets and liabilities:  
Prepaid expenses (509,642)
Accrued expenses 923,535
Net cash used in operating activities (1,060,478)
Cash Flows from Investing Activities:  
Investment of cash into Trust Account (241,500,000)
Net cash used in investing activities (241,500,000)
Cash Flows from Financing Activities:  
Proceeds from sale of Units, net of underwriting discounts paid 237,085,800
Proceeds from sale of Private Placement Warrants 6,830,000
Proceeds from promissory note - related party 250,000
Repayment of promissory note - related party (250,000)
Payment of offering costs (760,795)
Net cash provided by financing activities 243,155,005
Net Change in Cash 594,527
Cash - Beginning of period 24,351
Cash - End of period 618,878
Non-Cash financing activities:  
Initial classification of Class A common stock subject to possible redemption 208,954,220
Change in value of Class A common stock subject to possible redemption 6,032,920
Deferred underwriting fee payable $ 8,452,500