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STATEMENT OF CASH FLOWS
10 Months Ended
Dec. 31, 2021
USD ($)
Cash flows from Operating Activities:  
Net income $ 10,815,018
Adjustments to reconcile net income to net cash used in operating activities:  
Formation costs paid by sponsor in exchange for issuance of Class B ordinary shares 6,894
Offering expenses related to warrant issuance 1,984,130
Excess value of Private Placement Warrants 1,066,666
Interest earned on marketable securities held in Trust Account (7,819)
Decrease in fair value of warrants (14,982,447)
Changes in operating assets and liabilities:  
Prepaid expenses (527,259)
Accrued offering costs and expenses 604,474
Net cash used in operating activities (1,040,343)
Cash Flows from Investing Activities:  
Investment held in Trust Account (265,147,800)
Net cash used in investing activities (265,147,800)
Cash flows from Financing Activities:  
Proceeds from Initial Public Offering, net of underwriters' fees 259,844,844
Proceeds from private placement 8,302,958
Advances from related parties 150,000
Payments to related parties (150,000)
Payments of offering costs (1,004,685)
Net cash provided by financing activities 267,143,117
Net change in cash 954,974
Cash, beginning of the period 0
Cash, end of the period 954,974
Supplemental disclosure of noncash investing and financing activities:  
Deferred underwriting commissions charged to additional paid in capital 9,280,173
Fair value of capital contribution by Sponsor to Anchor Investors 11,107,653
Forfeiture of 558,805 founder shares 56
Deferred offering costs paid by Sponsor in exchange for issuance of Class B ordinary shares 18,104
Initial classification of warrant liability 23,422,455
Remeasurement of Class A ordinary shares subject to redemption $ 38,782,274