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FY2021
11 months to Dec 31, 2021
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|
|---|---|
| Cash Flows from Operating Activities: | |
| Net income | |
| Adjustments to reconcile net income to net cash used in operating activities: | |
| Transaction costs allocable to warrants | |
| Change in fair value of warrant liabilities | |
| Formation costs paid by Sponsor in exchange for issuance of Founder Shares | |
| Operating costs paid through promissory note – related party | |
| Interest earned on investment held in Trust Account | |
| Changes in operating assets and liabilities: | |
| Prepaid expenses | |
| Accrued expenses | |
| Net cash used in operating activities | |
| Cash Flows from Investing Activities: | |
| Investment of cash in Trust Account | |
| Net cash used in investing activities | |
| Cash Flows from Financing Activities: | |
| Proceeds from sale of Units, net of underwriting discounts paid | |
| Proceeds from sale of Private Placement Units | |
| Proceeds from promissory note – related party | |
| Repayment of promissory note – related party | |
| Payment of offering costs | |
| Net cash provided by financing activities | |
| Net Change in Cash | |
| Cash – End of period | |
| Non-Cash investing and financing activities: | |
| Offering costs paid by Sponsor in exchange for issuance of Founder Shares | |
| Offering costs paid through promissory note | |
| Deferred underwriting fee payable |
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