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STATEMENT OF CASH FLOWS
11 Months Ended
Mar. 31, 2022
USD ($)
Cash Flows From Operating Activities:  
Net income $ 19,258,401
Adjustments to reconcile net income to net cash used in operating activities:  
Investment income earned on investment held in Trust Account (16,409)
Change in fair value of derivative warrant liabilities (20,530,500)
Change in fair value of Forward Purchase Agreement Liability 74,696
Transaction costs allocable to derivative liabilities (799,766)
Changes in operating assets and liabilities:  
Prepaid expenses (465,324)
Due from Sponsor 25,000
Accounts payable and accrued expenses 55,346
Accrued offering costs 40,000
Net Cash Used In Operating Activities (759,024)
Cash Flows From Investing Activities:  
Investment held in Trust Account (234,600,000)
Net Cash Used In Investing Activities (234,600,000)
Cash Flows From Financing Activities:  
Proceeds from sale of Units in Public Offering, net of underwriting fee 225,400,000
Proceeds from sale of Private Placement Warrants 11,700,000
Proceeds from note payable 280,000
Payment on note payable (280,000)
Repayment of related party advances (25,000)
Payment of offering costs (746,715)
Net Cash Provided By Financing Activities 236,328,285
Net change in cash 969,261
Cash at beginning of period 0
Cash at end of period 969,261
Supplemental disclosure of non-cash financing activities:  
Deferred underwriters' commissions charged to additional paid-in capital in connection with the Public Offering 8,050,000
Initial classification of fair value of Public warrants 26,239,200
Deferred offering costs paid in exchange for Class B ordinary shares 25,000
Remeasurement adjustment 31,980,102
Deferred offering costs paid by related party 25,000
Initial measurement of Forward Purchase Agreement Liability $ 195,732