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Condensed Statements of Cash Flows (Unaudited) - USD ($)
5 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2022
Cash Flows from Operating Activities:    
Net loss $ (145,941) $ (123,742)
Adjustments to reconcile net loss to net cash used in operating activities:    
Formation cost paid by Sponsor in exchange for issuance of Founder Shares 5,000
Interest earned on investments held in the Trust Account (3,611) (367,130)
Changes in operating assets and liabilities:    
Prepaid expenses (657,948) (38,093)
Prepaid insurance 175,001
Due from Sponsor (1,553,900)
Accrued expenses 87,869 (11,262)
Net cash used in operating activities (2,268,531) (365,226)
Cash Flows from Investing Activities:    
Investment of cash into Trust Account (253,000,000)
Net cash used in investing activities (253,000,000)
Cash Flows from Financing Activities:    
Proceeds from sale of Public Shares, net of underwriting discounts paid 247,940,000
Proceeds from sale of Private Placement Shares 7,560,000
Proceeds from Promissory Note – related party 110,000
Repayment of Promissory Note – related party (146,100)
Payment of offering costs (109,124)
Net cash provided by financing activities 255,354,776
Net Change in Cash 86,245 (365,226)
Cash – Beginning 1,369,491
Cash – Ending 86,245 1,004,265
Non-Cash Investing and Financing Activities:    
Deferred offering costs included in accrued offering costs 417,500
Deferred offering costs paid through promissory note - related party 36,100
Deferred offering costs paid by Sponsor in exchange for issuance of Class B ordinary shares 20,000
Initial classification of ordinary shares subject to possible redemption 253,000,000
Deferred underwriting fee payable $ 8,855,000