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UNAUDITED CONDENSED STATEMENT OF CASH FLOWS
9 Months Ended
Sep. 30, 2021
USD ($)
Cash Flows from Operating Activities:  
Net loss $ (8,510,424)
Adjustments to reconcile net loss to net cash used in operating activities:  
Change in fair value of warrant liability 4,597,738
Offering cost allocated to warrant liability 299,523
Interest earned on investments held in Trust Account (12,416)
Changes in operating assets and liabilities:  
Prepaid expenses and other current assets (629,798)
Related party receivable (215,653)
Accounts payable and accrued offering costs 2,257,621
Net cash used in operating activities (2,213,409)
Cash Flows from Investing Activities  
Investment of cash into Trust Account (278,002,870)
Net cash used in investing activities (278,002,870)
Cash Flows from Financing Activities:  
Proceeds from sale of Units, net of underwriting discounts paid 238,142,813
Proceeds from sale of Private Placement Units 35,000,000
Proceeds from sale of Private Placement Warrants 6,860,057
Proceeds from promissory note - related party 330,653
Net cash provided by financing activities 280,333,523
Net Change in Cash 117,244
Cash - Beginning of period 0
Cash - Ending of period 117,244
Supplemental Disclosure of Non-Cash Investing and Financing Activities:  
Deferred Offering Cost 557,663
Proceeds from Related Party for Offering Cost 105,927
Class A ordinary share subject to possible redemption 243,002,870
Initial Classification of Warrant liability 14,916,913
Deferred underwriting fee payable $ 8,505,100