Annual report pursuant to Section 13 and 15(d)

STATEMENT OF CASH FLOWS

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STATEMENT OF CASH FLOWS - USD ($)
 4 Months Ended 12 Months Ended
Dec. 31, 2020
Dec. 31, 2021
Cash Flows from Operating Activities:    
Net income (loss) $ (12,681) $ 1,320,429
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
General and Administrative expenses paid by Sponsor 12,681  
Income from investments held in Trust Account   (23,891)
Change in fair value of derivative warrant liabilities   (3,923,200)
Financing cost - derivative warrant liabilities   821,170
Changes in operating assets and liabilities:    
Prepaid expenses   (309,283)
Accounts payable   59,689
Accounts payable - related party   165,000
Accrued expenses   903,825
Net cash used in operating activities   (986,261)
Cash Flows from Investing Activities:    
Cash deposited in Trust Account   (414,000,000)
Net cash used in investing activities   (414,000,000)
Cash Flows from Financing Activities:    
Proceeds from note payable to related party 6,410  
Proceeds received from initial public offering, gross   414,000,000
Proceeds from private placement   10,280,000
Repayment of notes payable to related party   (185,116)
Offering costs paid   (8,715,098)
Net cash provided by financing activities 6,410 415,379,786
Net change in cash 6,410 393,525
Cash - beginning of the period 0 6,410
Cash - end of the period 6,410 399,935
Supplemental disclosure of noncash investing and financing activities:    
Offering costs included in accrued expenses 194,520 85,000
Offering costs included in accounts payable 116,374  
Offering costs included in notes payable 120,858 45,167
Deferred underwriting commissions in connection with the initial public offering   $ 14,490,000
Prepaid expenses paid by Sponsor in exchange for issuance of Class B ordinary shares 17,000  
Offering costs paid by Sponsor in exchange for issuance of Class B ordinary shares $ 8,000