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Condensed Statement of Cash Flows
6 Months Ended
Jun. 30, 2022
USD ($)
Cash Flows from Operating Activities:  
Net loss $ (385,392)
Adjustments to reconcile net income to net cash used in operating activities:  
Interest earned on cash and marketable securities held in Trust Account (14,324)
Transaction costs 195,984
Change in fair value of convertible promissory note - related party (434,451)
Change in fair value of warrant liabilities 412,792
Changes in operating assets and liabilities:  
Prepaid expenses and other current assets (505,943)
Accrued expenses 153,639
Net cash used in operating activities (577,695)
Cash Flows from Investing Activities:  
Investment 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, net of underwriting commissions paid 225,400,000
Proceeds from sale of Private Placement warrants 8,900,000
Proceeds from promissory note – related party 77,944
Repayment of promissory note - related party (216,405)
Proceeds from convertible promissory note - related party 4,600,000
Payment of offering costs (469,674)
Net cash provided by financing activities 238,291,865
Net Change in Cash 814,170
Cash – Beginning of period 0
Cash – End of period 814,170
Non-Cash investing and financing activities:  
Offering costs included in accrued offering costs 75,320
Remeasurement of Class A ordinary shares subject to possible redemption 26,083,736
Deferred underwriting fee payable $ 11,500,000