Quarterly report pursuant to Section 13 or 15(d)

UNAUDITED CONDENSED STATEMENTS OF CASH FLOWS

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UNAUDITED CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
 1 Months Ended 3 Months Ended
Mar. 31, 2021
Mar. 31, 2022
Cash Flows from Operating Activities:    
Net income (loss) $ (4,410) $ 1,741,141
Adjustments to reconcile net loss to net cash used in operating activities:    
Payment of formation costs through issuance of Class B ordinary shares 4,410  
Interest earned on investment held in Trust Account   (57,527)
Transaction costs incurred in connection with Initial Public Offering   1,004,142
Unrealized gain on fair value changes of warrants 0 (2,935,040)
Changes in current assets and current liabilities:    
Prepaid assets   (885,929)
Accrued offering costs and expenses   57,259
Due to related parties   (19,084)
Net cash used in operating activities   (1,095,038)
Cash Flows from Investing Activities:    
Purchase of investments held in Trust Account   (221,493,000)
Net cash used in investing activities   (221,493,000)
Cash Flows from Financing Activities:    
Proceeds from Initial Public Offering, net of underwriters' fees   216,894,000
Proceeds from private placement   7,379,000
Proceeds from anchor investor   14,272
Payment of promissory note   (275,000)
Payment of deferred offering costs   (243,099)
Net cash provided by financing activities   223,769,173
Net Change in Cash   1,181,135
Cash - Beginning   131,912
Cash - Ending   1,313,047
Supplemental Disclosure of Non-cash Financing Activities:    
Deferred offering costs paid by initial shareholder in exchange for the issuance of Class B ordinary shares 20,590  
Deferred underwriting commissions charged to additional paid in capital   7,675,500
Initial value of Class A common stock subject to possible redemption   219,300,000
Re-measurement of carrying value of Class A ordinary shares subject to possible redemption to redemption value   2,250,527
Initial classification of warrant liability   8,988,560
Offering costs included in accrued offering costs 81,640  
Offering costs paid through promissory note $ 85,125  
Incentive to anchor investors   $ 10,290,473