Registration of securities issued in business combination transactions

UNAUDITED CONDENSED STATEMENTS OF CASH FLOWS

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UNAUDITED CONDENSED STATEMENTS OF CASH FLOWS
9 Months Ended
Sep. 30, 2021
USD ($)
Cash Flows from Operating Activities:  
Net income $ 5,409,084
Adjustments to reconcile net income to net cash used in operating activities:  
Income from investments held in Trust Account (16,040)
Change in fair value of derivative warrant liabilities (7,021,200)
Financing cost - derivative warrant liabilities 821,170
Changes in operating assets and liabilities:  
Prepaid expenses (379,375)
Accounts payable 889
Accounts payable - related party 120,000
Accrued expenses 154,332
Net cash used in operating activities (911,140)
Cash Flows from Investing Activities:  
Cash deposited in Trust Account (414,000,000)
Cash used in investing activities (414,000,000)
Cash Flows from Financing Activities:  
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 415,379,786
Net change in cash 468,646
Cash - beginning of the period 6,410
Cash - end of the period 475,056
Supplemental disclosure of noncash investing and financing activities:  
Offering costs included in accrued expenses 85,000
Offering costs included in notes payable 45,167
Deferred underwriting commissions in connection with the initial public offering $ 14,490,000