Annual report pursuant to Section 13 and 15(d)

BALANCE SHEETS

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BALANCE SHEETS - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash $ 461,064 $ 20,000
Prepaid expenses 405,042  
Total current assets 866,106 20,000
Deferred offering costs   55,000
Marketable Securities held in Trust Account 345,019,104  
Total assets 345,885,210 75,000
Current liabilities:    
Accounts payable and accrued expenses 412,391 1,000
Accrued offering costs   50,000
Total current liabilities 412,391 51,000
Convertible promissory note - related party 762,850  
Deferred underwriting discount 12,075,000  
Total liabilities 24,158,574 51,000
Commitments and contingencies (See Note 6)
Class A common stock subject to possible redemption, $0.0001 par value, 34,500,000 shares at $10.00 per share, and -0- shares at redemption value issued and outstanding at December 31, 2021 and 2020, respectively 345,019,104  
Stockholders' (deficit )equity:    
Preferred stock, $0.0001 par value, 1,000,000 shares authorized, none issued and outstanding
Additional paid-in capital   24,137
Accumulated deficit (23,293,331) (1,000)
Total stockholders' (deficit) equity (23,292,468) 24,000
Total liabilities and stockholders' (deficit) equity 345,885,210 75,000
Public Warrants    
Current liabilities:    
Derivative liability 5,865,000  
Private Placement Warrants    
Current liabilities:    
Derivative liability 5,043,333  
Class A Common Stock Subject to Redemption    
Current liabilities:    
Class A common stock subject to possible redemption, $0.0001 par value, 34,500,000 shares at $10.00 per share, and -0- shares at redemption value issued and outstanding at December 31, 2021 and 2020, respectively 345,019,104  
Class B common stock    
Stockholders' (deficit )equity:    
Common stock $ 863 $ 863