XML 18 R7.htm IDEA: XBRL DOCUMENT v3.22.1
STATEMENT OF CASH FLOWS
4 Months Ended
Dec. 31, 2021
USD ($)
Cash Flows from Operating Activities:  
Net loss $ (235,380)
Adjustments to reconcile net loss to net cash used in operating activities:  
Interest earned on investments held in Trust Account (16,874)
Changes in operating assets and liabilities:  
Accrued expenses 239,254
Net cash used in operating activities (13,000)
Cash Flows from Investing Activities:  
Investment of cash into Trust Account (209,070,000)
Net cash used in investing activities (209,070,000)
Cash Flows from Financing Activities:  
Proceeds from issuance of representative shares 15
Proceeds from sale of Units, net of underwriting discounts paid 202,860,000
Proceeds from sale of Private Placement Units 7,960,000
Proceeds from promissory note - related party 250
Repayment of promissory note - related party (135,463)
Payment of offering costs (240,665)
Net cash provided by financing activities 210,444,137
Net Change in Cash 1,361,137
Cash - End of period 1,361,137
Non-Cash financing activities:  
Offering costs included in accrued offering costs 11,300
Offering costs paid by Sponsor in exchange for issuance of founder shares 25,000
Issuance of Representative Shares 900
Offering costs paid through promissory note 134,655
Accretion of common stock subject to redemption $ 24,217,520