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Statement of Cash Flows
12 Months Ended
Dec. 31, 2021
USD ($)
Cash Flows from Operating Activities:  
Net income $ 2,186,877
Interest earned on investments held in Trust Account (4,512)
Change in fair value of warrant liabilities (3,187,750)
Transaction costs allocated to warrant liabilities 408,604
Changes in operating assets and liabilities:  
Prepaid expenses (380,883)
Accrued expenses 293,891
Net cash used in operating activities (683,773)
Cash Flows from Investing Activities:  
Investment of cash into Trust Account (150,000,000)
Net cash used in investing activities (150,000,000)
Cash Flows from Financing Activities:  
Proceeds from sale of Units, net of underwriting discounts paid 147,000,000
Proceeds from sale of Private Placement Units 5,500,000
Proceeds from promissory note - related party 76,718
Repayment of promissory note - related party (76,718)
Payment of offering costs (418,703)
Net cash provided by financing activities 152,081,297
Net Change in Cash 1,397,524
Cash – Beginning of period
Cash – End of period 1,397,524
Non-Cash financing activities:  
Offering costs paid by Sponsor in exchange for issuance of founder shares 25,000
Deferred underwriting fee payable $ 5,250,000