Quarterly report pursuant to Section 13 or 15(d)

BALANCE SHEETS

v3.22.2
BALANCE SHEETS - USD ($)
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash $ 204,396 $ 666,300
Prepaid expenses - current 199,463 225,750
Total current assets 403,859 892,050
Prepaid expenses - long-term   47,412
Investments held in Trust Account 281,435,479 281,049,184
Total Assets 281,839,338 281,988,646
Current liabilities:    
Accounts payable 127,975 302,391
Accrued expenses 1,125,450 968,262
Total current liabilities 1,253,425 1,270,653
Deferred underwriting commissions 9,836,207 9,836,207
Derivative warrant liabilities 1,508,970 8,487,930
Total liabilities 12,598,602 19,594,790
Commitments and Contingencies (Note 5)
Shareholders' Deficit    
Preference shares, $0.0001 par value; 5,000,000 shares authorized; no shares issued or outstanding
Accumulated deficit (12,095,446) (18,641,337)
Total shareholders' deficit (12,094,743) (18,640,634)
Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption and Shareholders' Deficit 281,839,338 281,988,646
Class A Common Stock    
Current liabilities:    
Class A ordinary shares subject to possible redemption, $0.0001 par value; 28,103,449 shares at $10.01 and $10.00 per share as of June 30, 2022 and December 31, 2021, respectively 281,335,479 281,034,490
Class B Common Stock    
Shareholders' Deficit    
Ordinary shares $ 703 $ 703