XML 13 R2.htm IDEA: XBRL DOCUMENT v3.22.1
Balance Sheets - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash $ 612,101
Prepaid expenses 382,760
Deferred offering costs associated with IPO 41,739
Total current assets 994,861 41,739
Prepaid expenses – non-current portion 64,422
Investment held in Trust Account 345,018,988
Total assets 346,078,271 41,739
Current liabilities:    
Accounts payable and accrued expenses 1,432,959
Sponsor loans 550,000 17,500
Total current liabilities 1,982,959 17,500
Warrant liabilities 9,089,893
Deferred underwriters’ discount 12,075,000
Total liabilities 23,147,852 17,500
Commitments and Contingencies (Note 6)
Class A Common stock subject to possible redemption, 34,500,000 shares at redemption value of $10.00 per share 345,018,988
Stockholders’ (deficit) equity:    
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding
Class A common stock, $0.0001 par value; 300,000,000 shares authorized; no shares issued and outstanding (excluding 34,500,000 shares subject to redemption) at December 31, 2021 and December 31, 2020, respectively
Class B common stock, $0.0001 par value; 20,000,000 shares authorized; 8,625,000 shares issued and outstanding at December 31, 2021 and 2020 863 863
Additional paid-in capital 24,137
Accumulated deficit (22,089,432) (761)
Total stockholders’ (deficit) equity (22,088,569) 24,239
Total liabilities, common stock subject to possible redemption and stockholders’ (deficit) equity $ 346,078,271 $ 41,739