Registration of securities issued in business combination transactions

UNAUDITED CONDENSED STATEMENTS OF CASH FLOWS

v3.22.2.2
UNAUDITED CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
 4 Months Ended 6 Months Ended 12 Months Ended
Dec. 31, 2020
Jun. 30, 2022
Jun. 30, 2021
Dec. 31, 2021
Cash Flows from Operating Activities:        
Net income (loss) $ (12,681) $ 11,510,086 $ (7,140,177) $ 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   (621,817) (9,680) (23,891)
Change in fair value of derivative warrant liabilities   (12,082,200) 5,783,400 (3,923,200)
Financing cost - derivative warrant liabilities     821,170 821,170
Changes in operating assets and liabilities:        
Prepaid expenses   94,090 (462,323) (309,283)
Accounts payable   107,424 4,429 59,689
Accounts payable - related party   90,000 75,000 165,000
Accrued expenses   513,791 53,677 903,825
Net cash used in operating activities   (388,626) (874,504) (986,261)
Cash Flows from Investing Activities:        
Cash deposited in Trust Account   (414,000,000.0) (414,000,000) (414,000,000)
Net cash used in investing activities     (414,000,000) (414,000,000)
Cash Flows from Financing Activities:        
Proceeds from note payable to related party 6,410      
Proceeds received from initial public offering, gross     414,000,000 414,000,000
Proceeds from private placement     10,280,000 10,280,000
Repayment of notes payable to related party     (185,116) (185,116)
Offering costs paid     (8,715,098) (8,715,098)
Net cash provided by financing activities 6,410   415,379,786 415,379,786
Net change in cash 6,410 (388,626) 505,282 393,525
Cash - beginning of the period 0 399,935 6,410 6,410
Cash - end of the period 6,410 $ 11,309 511,692 399,935
Supplemental disclosure of noncash investing and financing activities:        
Offering costs included in accrued expenses 194,520   85,000 85,000
Offering costs included in accounts payable 116,374      
Offering costs included in notes payable 120,858   45,167 45,167
Deferred underwriting commissions in connection with the initial public offering     $ 14,490,000 $ 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