Quarterly report pursuant to Section 13 or 15(d)

CONDENSED BALANCE SHEETS (Unaudited)

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CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash $ 858,071 $ 1,366,553
Prepaid insurance and other current assets 459,417 427,481
Total current assets 1,317,488 1,794,034
Prepaid insurance - noncurrent 136,101 343,952
Investments held in Trust Account 202,120,889 201,951,985
TOTAL ASSETS 203,574,478 204,089,971
Current liabilities:    
Accounts payable 38,887 5,554
Accrued expenses 579,985 153,803
Accrued offering costs 1,289,149 1,289,149
Due to Sponsor 37,628 66,017
Total current liabilities 1,945,649 1,514,523
Warrant liabilities 3,989,201 9,498,099
Deferred underwriting fee payable 6,998,336 6,998,336
TOTAL LIABILITIES 12,933,186 18,010,958
Class A ordinary shares subject to possible redemption; 19,995,246 shares at redemption value of $10.10 per share 202,020,889 201,951,985
Shareholders’ Deficit    
Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued and outstanding
Additional paid-in capital 1,299,219
Accumulated deficit (12,679,316) (15,873,472)
Total Shareholders’ Deficit (11,379,597) (15,872,972)
TOTAL LIABILITIES AND SHAREHOLDERS’ DEFICIT 203,574,478 204,089,971
Class A Ordinary Shares [Member]    
Shareholders’ Deficit    
Ordinary shares
Class B Ordinary Shares [Member]    
Shareholders’ Deficit    
Ordinary shares $ 500 $ 500