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Balance sheets

In millions of USD, except per-share amounts
Q1 FY2022
As of Mar 31, 2022
Q4 FY2021
As of Dec 31, 2021
Q3 FY2021
As of Sep 30, 2021
Q2 FY2021
As of Jun 30, 2021
Q1 FY2021
As of Mar 31, 2021
CURRENT ASSETS:
Cash and cash equivalents
Prepaid assets
Total current assets
Investments and cash held in Trust Account
Total assets
LIABILITIES AND STOCKHOLDERS’ DEFICIT
Current liabilities:
Accrued expenses, formation and offering costs
Accrued expenses
State franchise tax accrual
Public warrants derivative liability
Public Warrants
Private Placement Warrants
Notes and advances payable - related party
Total current liabilities
Deferred underwriting compensation
Total liabilities
Class A subject to possible redemption, 80,000,000 shares at March 31, 2022 and December 31, 2021 (at redemption value of $10 per share)
Stockholders’ deficit:
Common stock value
Accumulated deficit
Class A Common Stock
Class F Common Stock
Total stockholders’ deficit
Total liabilities and stockholders’ deficit

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