Quarterly report pursuant to Section 13 or 15(d)

CONDENSED STATEMENTS OF CASH FLOWS (Unaudited)

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CONDENSED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
 5 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2022
Cash Flows from Operating Activities:    
Net income (loss) $ (9,647) $ 3,263,061
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Formation costs paid by Sponsor in exchange for issuance of Class B ordinary shares 8,522
Share-based compensation 1,299,219
Change in fair value of warrant liabilities (5,508,897)
Gain on investments held in Trust Account (168,904)
Changes in operating assets and liabilities:    
Prepaid insurance and other current assets 175,914
Accounts payable 33,333
Accrued expenses 426,181
Due to Sponsor 1,125 (28,389)
Net cash used in operating activities (508,482)
Cash Flows from Financing Activities:    
Advance paid to related party (35,024)
Proceeds from issuance of Promissory note to Sponsor 300,000
Payment of deferred offering costs (162,141)
Net cash provided by financing activities 102,835
Net Change in Cash 102,835 (508,482)
Cash - Beginning of period 1,366,553
Cash - End of period 102,835 858,071
Non-cash investing and financing activities:    
Remeasurement of Class A ordinary shares subject to redemption to redemption value 68,904
Deferred offering costs paid by Sponsor in exchange for issuance of Class B ordinary shares 16,478
Deferred offering costs included in Due to Sponsor 18,802
Deferred offering costs included in accrued offering costs $ 423,634