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Statement of Cash Flows (Unaudited)
6 Months Ended
May 31, 2022
USD ($)
Cash Flows from Operating Activities:  
Net loss $ (107,482)
Adjustments to reconcile net loss to net cash provided by operating activities:  
Investment income earned on cash and marketable securities held in Trust Account (67,213)
Formation and organization costs paid by related parties 5,000
Changes in operating assets and liabilities:  
Other current assets (36,314)
Accounts payable and accrued expenses 126,368
Net Cash Used in Operating Activities (79,641)
Cash Flows from Investing Activities:  
Cash deposited into Trust Account (87,112,500)
Net Cash Used in Investing Activities (87,112,500)
Cash Flows from Financing Activities:  
Proceeds from sale of Units in Public Offering, net of underwriting fee 84,525,000
Proceeds from sale of Private Placement Units 4,737,500
Repayment of related party advances (211,153)
Payment of offering costs (289,195)
Net Cash Provided by Financing Activities 88,762,152
Net change in cash 1,570,011
Cash at beginning of period 50,000
Cash at end of period 1,620,011
Supplemental disclosure of non-cash financing activities:  
Deferred underwriters’ commissions charged to temporary equity in connection with the Initial Public Offering 3,018,750
Class A Common Stock measurement adjustment 1,319,361
Initial classification of Class A Common Stock subject to redemption $ 87,112,500