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STATEMENT OF CASH FLOWS
11 Months Ended
Dec. 31, 2021
USD ($)
Cash Flows from Operating Activities:  
Net loss $ (313,274)
Adjustments to reconcile net loss to net cash used in operating activities:  
Formation costs paid by Sponsor in exchange for Class B ordinary shares 11,770
Interest and dividend income on investments held in Trust Account (2,747)
Changes in operating assets and liabilities:  
Prepaid expenses (449,448)
Accounts payable 10,035
Accounts payable - related party 49,182
Accrued expenses 126,644
Net cash used in operating activities (567,838)
Cash Flows from Investing Activities:  
Cash deposited into Trust Account (233,450,000)
Net cash used in investing activities (233,450,000)
Cash Flows from Financing Activities:  
Proceeds from promissory note - related party 223,765
Repayment of promissory note - related party (223,765)
Proceeds from initial public offering, net of underwriting discount paid 225,400,000
Proceeds from sale of private placement warrants 10,050,000
Payment of offering costs (613,329)
Net cash provided by financing activities 234,836,671
Net Change in Cash 818,833
Cash - End of period 818,833
Supplemental disclosures of non-cash investing and financing activities:  
Re-measurement of Class A ordinary shares subject to redemption to redemption value 25,994,420
Deferred underwriting fee payable 8,050,000
Offering costs paid in exchange for issuance of Class B ordinary shares to Sponsor 13,230
Offering costs included in accrued offering costs $ 231,235