Registration of securities issued in business combination transactions

Condensed Statement of Cash Flows (Unaudited)

v3.21.2
Condensed Statement of Cash Flows (Unaudited) - USD ($)
 1 Months Ended 6 Months Ended
Dec. 31, 2020
Jun. 30, 2021
Cash Flows from Operating Activities:    
Net Income $ (3,543) $ 7,164,743
Adjustments to reconcile net income to net cash used in operating activities:    
Interest earned on cash held in Trust Account   (33,929)
Unrealized gain on change in fair value of warrants   (8,389,772)
Transaction costs allocated to warrant liabilities   820,691
Changes in operating assets and liabilities    
Prepaid assets   (619,674)
Taxes payable   100,000
Due from Sponsor   (563)
Due to related party   (173,650)
Accounts payable and accrued expenses   57,789
Net cash used in operating activities   (1,074,365)
Cash flows from investing activities:    
Investments and marketable securities held in Trust   (345,000,000)
Net cash used in investing activities   (345,000,000)
Cash flows from financing activities:    
Proceeds from sale of Units, net of offering costs 25,000 344,500,349
Proceeds from issuance of Private Placement Warrants   9,400,000
Payment of underwriter discount   (6,900,000)
Net cash provided by financing activities 200,000 347,000,349
Net Change in Cash 200,000 925,984
Cash, beginning of the period 0 200,000
Cash, end of period $ 200,000 1,125,984
Supplemental Disclosure of Non-cash Financing Activities:    
Initial classification of Class A common stock subject to possible redemption   345,000,000
Deferred underwriters' discount payable charged to additional paid in capital   $ 12,075,000