Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.22.2.2
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2022
Dec. 31, 2021
Current Assets:    
Cash $ 123,640 $ 462,274
Prepaid expenses 153,125 265,282
Total current assets 276,765 727,556
Prepaid expenses, non-current   14,384
Cash and securities held in Trust Account 276,401,240 276,115,444
Total Assets 276,678,005 276,857,384
Current Liabilities:    
Accrued offering costs and expenses 3,613,233 3,153,755
Due to related party 78,986 18,986
Income taxes payable 22,636  
Working capital loan - related party 150,000 150,000
Total current liabilities 3,864,855 3,322,741
Warrant liability 373,701 5,044,441
Deferred underwriting discount 9,660,000 9,660,000
Total liabilities 13,898,556 18,027,182
Commitments
Common stock subject to possible redemption, 27,600,000 shares at redemption value 276,239,154 276,000,000
Stockholders’ Deficit:    
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding
Common stock, $0.0001 par value; 100,000,000 shares authorized; 6,900,000 shares issued and outstanding (excluding 27,600,000 shares at redemption value), respectively 690 690
Accumulated deficit (13,460,395) (17,170,488)
Total Stockholders’ Deficit (13,459,705) (17,169,798)
Total Liabilities, Common Stock Subject to Possible Redemption and Stockholders’ Deficit $ 276,678,005 $ 276,857,384