Quarterly report pursuant to Section 13 or 15(d)

Condensed Balance Sheets

v3.22.2.2
Condensed Balance Sheets - USD ($)
Jun. 30, 2022
Dec. 31, 2021
Current Assets    
Cash $ 164,251 $ 43,054
Prepaid expenses 99,038 187,288
Total current assets 263,289 230,342
Investments held in Trust Account 50,642,618 300,026,796
Total assets 50,905,907 300,257,138
Current Liabilities    
Accounts payable 323,166 174,803
Income tax payable 8,780
Advances from Sponsor 888,423 100,000
Due to related party 182,089 122,089
Total current liabilities 1,402,458 396,892
Warrant liability 2,923,694 13,449,283
Deferred legal fee 5,135,098 3,733,738
Deferred underwriting fee 10,500,000 10,500,000
Total liabilities 19,961,250 28,079,913
Commitments and Contingencies
Class A common stock subject to possible redemption, $0.0001 par value, 5,055,051 and 30,000,000 shares subject to possible redemption at redemption value of $10.00 per share at June 30, 2022 and December 31, 2021, respectively 50,550,510 300,000,000
Stockholders' deficit:    
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; no shares issued or outstanding at June 30, 2022 and December 31, 2021
Additional paid-in capital
Accumulated deficit (19,606,603) (27,823,525)
Total stockholders's deficit (19,605,853) (27,822,775)
Total liabilities, Class A common stock subject to possible redemption and stockholders' deficit 50,905,907 300,257,138
Common Class A [Member]    
Current Liabilities    
Class A common stock subject to possible redemption, $0.0001 par value, 5,055,051 and 30,000,000 shares subject to possible redemption at redemption value of $10.00 per share at June 30, 2022 and December 31, 2021, respectively 50,550,510 300,000,000
Stockholders' deficit:    
Common stock value
Common Class B [Member]    
Stockholders' deficit:    
Common stock value $ 750 $ 750