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STATEMENT OF CASH FLOWS
10 Months Ended
Dec. 31, 2021
USD ($)
Cash Flows from Operating Activities:  
Net Loss $ (1,476,232)
Adjustments to reconcile net loss to net cash used in operating activities:  
Share based compensation expense 187,115
Gain on marketable securities (net), dividends and interest, held in Trust Account (3,777)
Formation and operating expenses paid in exchange for Founder Shares 20,000
Changes in operating assets and liabilities:  
Prepaid and other assets (1,015,553)
Accounts payable 67,194
Accrued expenses 543,642
Net cash used in operating activities (1,677,611)
Cash Flows from Investing Activities:  
Investment of cash into Trust Account (158,570,000)
Net cash used in investing activities (158,570,000)
Cash Flows from Financing Activities:  
Repayment of related party promissory note (83,133)
Proceeds from sale of Class A shares, gross 157,000,000
Proceeds from sale of Private Placement Warrants 8,210,000
Offering costs paid (3,494,669)
Net cash provided by financing activities 161,632,198
Net increase in cash 1,384,587
Cash - beginning of period 0
Cash - end of period 1,384,587
Supplemental disclosure of noncash investing and financing activities:  
Initial classification of Class A common stock subject to possible redemption 143,935,629
Adjustment of Class A Common Stock to redemption value 14,634,371
Offering costs paid through promissory note - related party 83,133
Deferred underwriting fees payable $ 5,495,000