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STATEMENT OF CASH FLOWS
10 Months Ended
Dec. 31, 2021
USD ($)
Cash Flows from Operating Activities  
Net Income $ 131,724
Adjustments to reconcile net income to net cash used in operating activities:  
Income from marketable securities held in Trust Account (8,510)
Transaction costs allocated to derivative warrant liability 1,382,307
Change in fair value of derivative warrant liabilities (9,094,491)
Formation and operating costs funded through issuance of ordinary shares to Sponsor 15,930
Changes in operating assets and liabilities:  
Prepaid insurance (1,041,253)
Accounts payable and accrued expenses 5,613,638
Net cash used in operating activities (3,000,655)
Cash Flows from Investing Activities  
Investment of cash into Trust Account (319,412,500)
Net cash used in investing activities (319,412,500)
Cash Flows from Financing Activities  
Proceeds from note payable and advances from related party 300,000
Repayment of note payable and advances from related party (300,000)
Due from related party 172,973
Proceeds from sale of Class A shares, net of UW commissions 309,925,000
Proceeds from sale of Private Placement Warrants 12,737,500
Offering costs paid (366,566)
Net cash provided by financing activities 322,468,907
Net increase in cash 55,752
Cash - beginning of period 0
Cash - end of period 55,752
Supplemental disclosure of noncash investing and financing activities:  
Offering costs included in accounts payable 175,000
Offering costs paid through promissory note and related party 1,691,594
Offering costs paid through prepaid legal expense funded by sponsor 9,070
Deferred underwriting fees payable $ 11,068,750