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FY2021
12 months to Dec 31, 2021
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|---|---|
| Cash Flows from Operating Activities: | |
| Net loss | |
| Adjustments to reconcile net loss to net cash used in operating activities: | |
| General and administrative expenses paid by related party under promissory note | |
| Change in fair value of derivative liabilities | |
| Offering costs associated with derivative warrant liabilities | |
| Gain on conversion of working capital loan | |
| Interest income from investments held in Trust Account | |
| Changes in operating assets and liabilities: | |
| Prepaid expenses | |
| Accounts payable | |
| Due to related party - Sponsor | |
| Accrued expenses | |
| Net cash used in operating activities | |
| Cash Flows from Investing Activities: | |
| Cash deposited in Trust Account | |
| Net cash used in investing activities | |
| Cash Flows from Financing Activities: | |
| Proceeds received note payable from related party | |
| Repayment of note payable to related party | |
| Proceeds received from initial public offering | |
| Proceeds received from private placement | |
| Offering costs paid | |
| Net cash provided by financing activities | |
| Net change in cash | |
| Cash - beginning of the period | |
| Cash - end of the period | |
| Supplemental disclosure of non-cash financing activities: | |
| Offering costs paid by related party under promissory note | |
| Accounts payable paid by related party under promissory note | |
| Deferred underwriting commissions | |
| Conversion of working capital loan to derivative warrant liabilities at fair value |
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