Annual report pursuant to Section 13 and 15(d)

BALANCE SHEETS

v3.22.1
BALANCE SHEETS - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Current assets    
Cash $ 1,223,657  
Prepaid expenses 398,253  
Total Current Assets 1,621,910  
Deferred offering costs   $ 120,000
Investments held in Trust Account 345,034,441  
TOTAL ASSETS 346,656,351 120,000
Current liabilities    
Accounts payable and accrued expenses 967,453  
Accrued offering costs   100,000
Advance from related parties 360  
Total Current Liabilities 967,813 100,000
Warrant liabilities 10,061,333  
Deferred underwriting fee payable 12,075,000  
Total Liabilities 23,104,146 100,000
Commitments and Contingencies
Class A ordinary shares subject to possible redemption 34,500,000 and no shares at $10.00 per share as of December 31, 2021 and 2020, respectively. 345,000,000  
Shareholders' (Deficit) Equity    
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding
Additional paid-in capital   24,137
Accumulated deficit (21,448,658) (5,000)
Total Shareholders' (Deficit) Equity (21,447,795) 20,000
TOTAL LIABILITIES, CLASS A SHARES SUBJECT TO POSSIBLE REDEMPTION AND SHAREHOLDERS' (DEFICIT) EQUITY 346,656,351 120,000
Class A Ordinary Shares Subject to Redemption    
Current liabilities    
Class A ordinary shares subject to possible redemption 34,500,000 and no shares at $10.00 per share as of December 31, 2021 and 2020, respectively. 345,000,000  
Class B Ordinary Shares    
Shareholders' (Deficit) Equity    
Common stock $ 863 $ 863