XML 35 R8.htm IDEA: XBRL DOCUMENT v3.22.4
Condensed Statements of Cash Flows - USD ($)
5 Months Ended 8 Months Ended 9 Months Ended
Sep. 30, 2021
Dec. 31, 2021
Sep. 30, 2022
Cash flows from operating activities:      
Net income (loss) $ (10,656) $ (215,218) $ 456,861
Adjustments to reconcile net income (loss) to net cash used in operating activities      
Realized and unrealized gains on investments held in the Trust Account 0 (11,336) (1,284,814)
Changes in operating assets and liabilities:      
Prepaid expenses 0 (331,557) 150,659
Accrued offering costs 0 349,109 (349,109)
Accrued expenses 1,000 158,930 52,914
Net cash used in operating activities (9,656) (50,072) (973,489)
Cash flows from investing activities:      
Funds deposited into the Trust Account   (204,102,000)  
Net cash used in investing activities   (204,102,000)  
Cash flows from financing activities:      
Deferred offering costs (87,134) (4,085,626) 0
Proceeds from related party 0 300,000 4,734
Proceeds from convertible note – related party 96,840   300,000
Proceeds from sale of units   200,010,000  
Proceeds from sale of warrants   8,638,500  
Proceeds from sale of Representative Shares   500,000  
Proceeds from issuance of ordinary shares to Sponsor   25,000  
Repayment of sponsor note   (300,000)  
Proceeds from related party funding   332,026  
Repayment of related party funding   (332,026)  
Net cash provided by financing activities 9,656 205,087,874 304,734
Net change in cash 0 935,802 (668,755)
Cash at beginning of period 0 0 935,802
Cash at end of period 0 935,802 267,047
Non-cash financing activities:      
Deferred offering costs included in accrued offering costs 125,196   0
Deferred offering costs paid in exchange for ordinary shares 25,000   0
Deferred underwriting commissions   6,525,000  
Initial classification of Class A ordinary shares subject to possible redemption   204,102,000  
Remeasurement of Class A ordinary shares to redemption value $ 0 $ 19,485,511 $ 1,296,150