XML 32 R6.htm IDEA: XBRL DOCUMENT v3.22.1
Statement of Cash Flows - USD ($)
8 Months Ended 12 Months Ended
Dec. 31, 2020
Dec. 31, 2021
Cash flows from operating activities:    
Net income (loss) $ (1,784,919) $ 4,647,886
Adjustments to reconcile net income to cash used in operating activities:    
Interest earned (1,585) (27,338)
Unrealized gain on marketable securities 1,050 (1,050)
Change in fair value of warrant liability 1,747,208 (5,922,213)
Change in prepaid expenses (471,561) 237,303
Change in due to Sponsor 5,000
Change in accounts payable 23,382 286,110
Net cash used in operating activities (481,425) (779,312)
Cash flows from investing activities:    
Investment of cash in Trust Account (201,250,000)
Net cash used by investing activities (201,250,000)
Cash flows from financing activities:    
Repayment of note payable borrowings (141,134)
Proceeds from sale of Class A common stock to public 197,225,000
Proceeds from sale of private placement units 6,325,000
Payment of deferred offering costs (259,901)
Net cash provided by financing activities 203,198,965
Net change in cash 1,417,540 (779,312)
Cash at beginning of period 1,417,540
Cash at end of period 1,417,540 638,228
Non-cash investing and financing activities:    
Payment of deferred offering cost directly by Sponsor (166,134)
Purchase of Class B common stock by Sponsor 25,000
Initial value of common stock subject to redemption 201,250,535
Change in value of common stock subject to redemption $ 28,389