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Condensed Statement of Cash Flows (Unaudited)
6 Months Ended
Jun. 30, 2021
USD ($)
Cash Flows from Operating Activities:  
Net loss $ 6,994,564
Adjustments to reconcile net loss to net cash used in operating activities:  
Interest earned on trust account (6,456)
Change in fair value of warrant liabilities (8,337,635)
Offering costs allocated to warrants 864,511
Changes in current assets and current liabilities:  
Prepaid assets (645,533)
Accounts payable 327,994
Net cash used in operating activities (802,555)
Cash Flows from Investing Activities:  
Investment of cash into trust account (345,000,000)
Net cash used in investing activities (345,000,000)
Cash Flows from Financing Activities:  
Proceeds from Initial Public Offering, net of underwriters’ discount 338,100,000
Proceeds from issuance of Private Placement Warrants 8,900,000
Repayment of promissory note to related party (17,500)
Payments of offering costs (618,003)
Net cash provided by financing activities 346,364,497
Net Change in Cash 561,942
Cash - Beginning
Cash - Ending 561,942
Supplemental Disclosure of Non-cash Financing Activities:  
Initial value of Class A common stock subject to possible redemption 305,969,460
Initial value of warrant liabilities 23,290,337
Change in value of Class A common stock subject to possible redemption 7,888,770
Deferred underwriters’ discount payable charged to additional paid-in capital $ 12,075,000