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v3.22.2.2

CONDENSED STATEMENTS OF CASH FLOWS - USD ($) | 2 Months Ended | 3 Months Ended | 6 Months Ended
--- | --- | --- | ---
Jun. 30, 2021 | Jun. 30, 2022 | Jun. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES |  |  |
Net income (loss) | $ (11,299) |  | $ 181,010
Adjustments to reconcile net income (loss) to net cash used in operating activities: |  |  |
Unrealized gain on investments held in Trust Account |  | $ (327,833) | (468,724)
Change in fair value of warrants |  | (137,750) | (253,750)
General and administrative expenses paid by affiliate | 10,485 |  |
Changes in operating assets and liabilities: |  |  |
Prepaid expenses and other assets |  |  | 182,671
Due to affiliate | 814 |  | 139,859
Accounts payable and accrued expenses |  |  | 60,000
Net cash used in operating activities |  |  | (158,936)
NET CHANGE IN CASH | 0 |  | (158,936)
CASH, BEGINNING OF PERIOD | 0 |  | 344,581
CASH, END OF PERIOD | 0 | $ 185,645 | $ 185,645
Supplemental disclosure of noncash activities: |  |  |
Payment of deferred offering costs by note payable - related party | 71,049 |  |
Deferred offering costs included in accrued offering costs | 50,861 |  |
Payment of deferred offering costs by the Sponsor in exchange for the issuance of Class B Ordinary Shares | $ 25,000 |  |

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