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STATEMENTS OF CASH FLOWS
3 Months Ended
Mar. 31, 2021
USD ($)
Cash Flows from Operating Activities:  
Net income (loss) $ 6,319,210
Adjustments to reconcile net income (loss) to net cash used in operating activities:  
Interest earned on investments held in Trust Account (8,319)
Unrealized gain on change in fair value of warrants (7,166,800)
Offering costs allocated to warrant liabilities 655,046
Changes in operating assets and liabilities:  
Prepaid assets (696,830)
Franchise tax payable 50,000
Accrued expenses 293,175
Net cash used in operating activities (554,518)
Cash Flows from Investing Activities:  
Net cash used in investing activities (276,000,000)
Cash Flows from Financing Activities:  
Due to related party 3,817
Proceeds from sale of Units, net of underwriter fee 270,480,000
Offering costs (369,212)
Proceeds from issuance of Private Placement Warrants 7,820,000
Borrowing from promissory note 35,192
Repayment of promissory note (73,780)
Net cash provided by financing activities 277,996,017
Net Change in Cash 1,441,499
Cash, end of period 1,441,499
Supplemental Disclosure of Non-cash Financing Activities:  
Deferred underwriters' discount payable $ 9,660,000