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STATEMENT OF CASH FLOWS
10 Months Ended
Dec. 31, 2021
USD ($)
Cash Flows from Operating Activities:  
Net loss $ (1,100,581)
Adjustments to reconcile net loss to net cash used in operating activities:  
General and administrative expenses paid by Sponsor in exchange for issuance of Class B ordinary shares 25,000
Income from investments held in Trust Account (12,561)
Changes in operating assets:  
Prepaid expenses (1,121,860)
Accounts payable 87,097
Accrued expenses 142,704
Net cash used in operating activities (1,980,201)
Cash Flows from Investing Activities:  
Cash deposited in Trust Account (275,000,000)
Net cash used in investing activities (275,000,000)
Cash Flows from Financing Activities:  
Repayment of note payable to related party (108,892)
Proceeds from note payable to related party 108,892
Proceeds received from private placement 9,070,000
Proceeds received from initial public offering, gross 275,000,000
Offering costs paid (6,351,813)
Net cash provided by financing activities 277,718,187
Net change in cash 737,986
Cash - beginning of the period 0
Cash - end of the period 737,986
Supplemental disclosure of noncash financing activities:  
Offering costs included in accrued expenses 70,000
Deferred underwriting commissions in connection with the initial public offering $ 9,625,000