Quarterly report pursuant to Section 13 or 15(d)

CONDENSED BALANCE SHEETS (Unaudited)

v3.22.1
CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
Mar. 31, 2022
Dec. 31, 2021
Current Assets    
Cash $ 1,313,047 $ 131,912
Prepaid expense 513,458  
Deferred offering costs   1,345,605
Total Current Assets 1,826,505 1,477,517
Prepaid expense-non current 372,471  
Investments held in Trust Account 221,550,527  
Total Assets 223,749,503 1,477,517
Current Liabilities:    
Accrued offering expense and expenses 1,231,209 1,192,557
Promissory Note - Related Party   275,000
Due to related parties 24,333 43,417
Total Current Liabilities 1,255,542 1,510,974
Warrant liability 6,053,520  
Deferred underwriting commissions 7,675,500  
Total Liabilities 14,984,562 1,510,974
Commitments Contingencies (Note 6)
Class A ordinary shares subject to possible redemption, $0.0001 par value; 21,930,000 shares at redemption value of $ 10.10 per share and 0 shares at March 31, 2022 and December 31, 2021, respectively 221,550,527  
Shareholders' Deficit:    
Preferred shares, $0.0001 par value; 1,000,000 shares authorized; no shares issued and outstanding
Additional paid-in capital   24,225
Accumulated deficit (12,786,334) (58,457)
Total Shareholders' Deficit (12,785,586) (33,457)
Total Liabilities, Shares Subject to Redemption and Shareholders' Deficit 223,749,503 1,477,517
Class A Ordinary Shares    
Shareholders' Deficit:    
Ordinary shares 221,550,527  
Class B Ordinary Shares    
Shareholders' Deficit:    
Ordinary shares $ 748 $ 775