XML 18 R8.htm IDEA: XBRL DOCUMENT v3.22.1
CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
2 Months Ended 3 Months Ended
Mar. 31, 2021
Mar. 31, 2022
Cash Flows from Operating Activities:    
Net income (loss) $ (932) $ 3,319,810
Adjustments to reconcile net income to cash used in operating activities:    
Change in fair value of derivative warrant liabilities 0 (3,561,000)
Income from investments held in Trust Account 0 (126,179)
Changes in operating assets and liabilities:    
Prepaid expenses 0 26,387
Accrued offering costs and expenses 932 (7,070)
Net cash used in operating activities 0 (348,052)
Cash Flows from Financing Activities:    
Proceeds from note payable to related party 98,386 0
Payment of deferred offering costs (98,386) 0
Net cash provided by financing activities 0 0
Net change in cash 0 (348,052)
Cash - beginning of the period 0 696,759
Cash - end of the period 0 348,707
Supplemental disclosure of noncash financing activities:    
Prepaid expenses paid by Sponsor in exchange for issuance of Class B ordinary shares 25,000 0
Deferred offering costs included in accrued offering costs $ 111,661 $ 0