XML 18 R7.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Statement of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2021
Cash flow from operating activities:  
Net loss $ (500,652)
Adjustments to reconcile net loss to net cash used in operating activities:  
Interest earned in Trust Account (2,822)
Transaction costs allocable to warrant liability 269,805
Changes in operating assets and liabilities:  
Prepaid expenses (450,406)
Accounts payable and accrued expenses 13,915
Net cash used in operating activities (670,160)
Cash flows from investing activities:  
Investment of cash in Trust Account (236,527,840)
Net cash used in investing activities (236,527,840)
Cash flows from financing activities:  
Proceeds from sale of Units, net of underwriting discounts paid 238,277,845
Proceeds from sale of Class B common stock 25,000
Proceeds from promissory note payable - related party 105,000
Repayment of promissory note payable - related party (105,000)
Payments of deferred offering costs (418,700)
Net cash provided by financing activities 237,884,145
Net change in cash 686,145
Cash at the beginning of the period
Cash at the end of the period 686,145
Supplemental schedule of noncash investing and financing activities:  
Initial classification of Class A shares subject to redemption 236,527,842
Change in value of Class A shares subject to redemption 2,822
Deferred underwriting fee payable 8,278,474
Initial measurement of warrants issued in connection with the Public offering accounted for as liabilities $ 4,860,214