Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

v3.22.2.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash Flows from Operating Activities:    
Net income $ 1,155,839
Adjustments to reconcile net income to net cash used in operations:    
Net gain on investments held in Trust Account (252,815)
Gain on change in fair value of warrant liabilities (2,917,250)
Changes in operating assets and liabilities:    
Prepaid expenses 43,708
Accounts payable 171,786
Accrued expenses 989,479
Accrued expenses - related party 60,000
Franchise tax payable 2,800
Net cash used in operating activities (746,453)
Cash Flows from Financing Activities:    
Proceeds from promissory note - related party 400,333
Net cash provided by financing activities 400,333
Net Change in Cash (346,120)
Cash - Beginning of period 518,905 25,000
Cash - End of period 172,785 25,000
Non-cash investing and financing activities:    
Deferred offering costs included in promissory note - related party 182,856
Deferred offering costs included in accrued offering costs $ 39,067