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Condensed Statement of Cash Flows (Unaudited)
3 Months Ended
Mar. 31, 2021
USD ($)
Cash Flows from Operating Activities:  
Net income $ 269,830
Adjustments to reconcile net income to net cash used in operating activities:  
Change in fair value of warrant liabilities (692,071)
Transaction costs allocable to warrants 399,286
Interest earned on marketable securities held in Trust Account (758)
Changes in operating assets and liabilities:  
Prepaid expenses (25,600)
Accrued expenses 14,500
Due to Sponsor 134,808
Net cash provided by operating activities 99,995
Cash Flows from Investing Activities:  
Investment of cash into Trust Account (336,015,090)
Net cash used in investing activities (336,015,090)
Cash Flows from Financing Activities  
Proceeds from issuance of Class B common stock to Sponsor 25,000
Proceeds from sale of Units, net of underwriting discounts paid 329,294,790
Proceeds from sale of Private Placement Units 10,020,300
Proceeds from promissory note – related party 110,000
Repayment of promissory note – related party (110,000)
Payment of offering costs (517,944)
Net cash provided by financing activities 338,822,146
Net Change in Cash 2,907,051
Cash – Beginning of period
Cash – End of period 2,907,051
Non-Cash investing and financing activities:  
Initial classification of Class A common stock subject to possible redemption 314,785,840
Change in value of Class A common stock subject to possible redemption 678,140
Deferred underwriting fee payable $ 11,760,528