Quarterly report pursuant to Section 13 or 15(d)

CONDENSED BALANCE SHEETS (Unaudited)

v3.22.2
CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
Jun. 30, 2022
Dec. 31, 2021
Current Assets    
Cash $ 372,622 $ 131,912
Prepaid expense 546,696  
Deferred offering costs   1,345,605
Total Current Assets 919,318 1,477,517
Prepaid expense-noncurrent 256,789  
Investments held in Trust Account 221,867,959  
Total Assets 223,044,066 1,477,517
Current Liabilities:    
Accrued offering expense and expenses 443,304 1,192,557
Promissory Note - Related Party   275,000
Due to related parties 53,184 43,417
Total Current Liabilities 496,488 1,510,974
Warrant liability 3,577,080  
Deferred underwriting commissions 7,675,500  
Total Liabilities 11,749,068 1,510,974
Commitments Contingencies (Note 6)
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 (10,573,709) (58,457)
Total Shareholders' Deficit (10,572,961) (33,457)
Total Liabilities, Shares Subject to Redemption and Shareholders' Deficit 223,044,066 1,477,517
Class A Ordinary Shares    
Current Liabilities:    
Class A ordinary shares subject to possible redemption, $0.0001 par value; 21,930,000 shares at redemption value of $ 10.12 per share and 0 shares at June 30, 2022 and December 31, 2021, respectively 221,867,959  
Class B Ordinary Shares    
Shareholders' Deficit:    
Ordinary shares $ 748 $ 775