Quarterly report pursuant to Section 13 or 15(d)

CONDENSED STATEMENT OF CASH FLOWS

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CONDENSED STATEMENT OF CASH FLOWS
 9 Months Ended
Sep. 30, 2021
USD ($)
Cash Flows from Operating Activities:  
Net income $ 13,248,147
Adjustments to reconcile net income to net cash used in operating activities:  
Change in fair value of warrant liabilities (15,271,666)
Interest earned on investments held in Trust Account (29,631)
Transaction costs allocable to warrants 974,164
Changes in operating assets and liabilities:  
Prepaid expenses (491,583)
Accrued expenses 778,852
Net cash used in operating activities (791,717)
Cash Flows from Investing Activities:  
Investment of cash in Trust Account (345,000,000)
Net cash used in investing activities (345,000,000)
Cash Flows from Financing Activities:  
Proceeds from sale of Units, net of underwriting discounts paid 338,100,000
Proceeds from sale of Private Placement Warrants 9,700,000
Repayment of promissory note - related party (89,889)
Payment of offering costs (486,260)
Net cash provided by financing activities 347,223,851
Net Change in Cash 1,432,134
Cash - End of period 1,432,134
Non-Cash investing and financing activities:  
Offering costs included in accrued offering costs 375,000
Offering costs paid through promissory note 89,889
Deferred underwriting fee payable $ 12,075,000