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STATEMENT OF CASH FLOWS
10 Months Ended
Dec. 31, 2021
USD ($)
Cash Flows from Operating Activities:  
Net loss $ (180,911)
Adjustments to reconcile net loss to net cash used in operating activities:  
Gain on marketable securities (net), dividends and interest, held in Trust Account (4,349)
Changes in operating assets and liabilities:  
Prepaid expenses and other assets (182,521)
Accounts payable and accrued expenses 123,784
Net cash used in operating activities (243,997)
Cash Flows from Investing Activities:  
Investment of cash into Trust Account (201,000,000)
Net cash used in investing activities (201,000,000)
Cash Flows from Financing Activities:  
Advances from related party 250,000
Repayment of note payable and advances from related party (250,000)
Proceeds from issuance of common stock to Sponsor 33,333
Proceeds from sale of common stock, net of transaction costs 195,282,146
Proceeds from sale of Private Placement Warrants 7,375,000
Net cash provided by financing activities 202,690,479
Net increase in cash 1,446,482
Cash - beginning of period 0
Cash - end of period 1,446,482
Supplemental disclosure of noncash investing and financing activities:  
Deferred underwriting and advisory fees payable 9,000,000
Initial classification of common stock subject to possible redemption 173,485,416
Remeasurement adjustment on redeemable common stock 27,514,584
Excess fair value over consideration paid for founder shares sold to the anchor investors $ 8,163,891