Quarterly report pursuant to Section 13 or 15(d)

Condensed Statement of Cash Flows

v3.22.2.2
Condensed Statement of Cash Flows - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Cash Flows from Operating Activities:        
Net income $ 1,158,637 $ (569,008) $ 9,540,916 $ 12,043,581
Adjustments to reconcile net income to net cash used in operating activities:        
Interest income earned on Trust (222,471) (6,165) (534,340) (19,240)
Unrealized gain on change in fair value of warrants (1,389,550) (4,327,824) (11,915,139) (17,773,513)
Changes in current assets and current liabilities:        
Prepaid expenses     160,223 340,379
Due to related party     90,000 89,204
Deferred legal fee     1,550,515 4,594,437
Income taxes payable     22,803 0
Advances from Sponsor     788,423 0
Accounts payable and accrued expenses     196,683 94,878
Net cash used in operating activities     (99,916) (630,274)
Cash Flows from Investing Activities:        
Funds withdrawn from Trust Account     81,200 0
Net cash provided by investing activities     81,200 0
Net Change in Cash     (18,716) (630,274)
Cash—Beginning     43,054 764,329
Cash—Ending $ 24,338 $ 134,055 24,338 134,055
Supplemental Disclosure of Non-cash Financing Activities:        
Payment from Trust Account in connection with redemption of shares     $ 249,614,847 $ 0