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CONDENSED STATEMENT OF CASH FLOWS
6 Months Ended
Jun. 30, 2021
USD ($)
Cash Flows from Operating Activities:  
Net income $ 2,822,004
Adjustments to reconcile net income to net cash used in operating activities:  
Financing costs - derivative warrant liabilities 776,880
Change in fair value of derivative warrant liabilities (4,582,200)
Interest income from investments held in Trust Account (7,869)
Changes in operating assets and liabilities:  
Accounts payable 371,869
Accrued expenses (14)
Prepaid expenses (739,236)
Net cash used in operating activities (1,358,566)
Cash Flows from Investing Activities:  
Principal deposited in Trust Account (276,000,000)
Net cash used in investing activities (276,000,000)
Cash Flows from Financing Activities:  
Repayment of note payable to related parties (280,000)
Proceeds received from initial public offering, gross 276,000,000
Proceeds received from private placement 8,020,000
Offering costs paid (5,426,316)
Net cash provided by financing activities 278,313,684
Net change in cash 955,118
Cash - beginning of the period 111,696
Cash - end of the period 1,066,814
Supplemental disclosure of noncash investing and financing activities:  
Offering costs included in accrued expenses 70,000
Deferred underwriting commissions in connection with the initial public offering 9,660,000
Initial value of Class A ordinary shares subject to possible redemption 209,696,910
Change in value of Class A ordinary shares subject to possible redemption $ 35,753,910