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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: | |
| Formation cost paid by Sponsor in exchange for issuance of Founder Shares | |
| Interest earned on investments held in the Trust Account | |
| Transaction costs allocated to warrants associated with the Initial Public Offering | |
| Change in the fair value of warrant liability | |
| Changes in operating assets and liabilities: | |
| Prepaid expenses | |
| Other noncurrent assets | |
| 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 Warrants | |
| 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 – Ending | |
| Non-Cash Investing and Financing Activities: | |
| Initial classification of warrant liability | |
| Initial value of Class A ordinary shares subject to possible redemption | |
| Offering costs paid directly by Sponsor in exchange for issuance of Founder Shares | |
| Offering costs included in accrued offering costs | |
| Deferred underwriting fee payable | |
| Remeasurement of Class A ordinary shares to redemption value |
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