XML 16 R6.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
5 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2022
Cash Flows from Operating Activities    
Net loss $ (198,440) $ (341,111)
Adjustments to reconcile net loss to cash used in operating activities:    
Interest earned on securities held in Trust Account   (1,512,777)
Changes in operating assets and liabilities:    
Prepaid expenses   (183,054)
Deferred offering costs associated with proposed public offering (316,795) 715,444
Accounts payable to related party and accrued expenses 515,235 (276,235)
Net cash used in operating activities   (1,597,733)
Cash Flows from Investing Activities    
Investments of cash in Trust Account   (236,900,000)
Net cash used in investing activities   (236,900,000)
Cash Flows from Financing Activities    
Proceeds from sale of units and underwriter discounts   230,000,000
Proceeds from sale of Private Placement Warrants   14,100,000
Payment of offering costs   (5,076,288)
Net cash provided by financing activities   239,023,712
Net change in cash   525,979
Cash - beginning of the period 26,000 26,000
Cash - end of the period 26,000 551,979
Supplemental disclosure of noncash financing activities:    
Deferred offering cost in deferred underwriting compensation   $ 8,050,000
Deferred offering costs in accrued expenses $ 577,873