Quarterly report pursuant to Section 13 or 15(d)

CONDENSED BALANCE SHEETS

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CONDENSED BALANCE SHEETS - USD ($)
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash $ 82,515 $ 461,064
Prepaid expenses 389,855 405,042
Total current assets 472,370 866,106
Marketable Securities held in Trust Account 345,047,262 345,019,104
Total assets 345,519,632 345,885,210
Current liabilities:    
Accounts payable and accrued expenses 294,937 412,391
Total current liabilities 294,937 412,391
Convertible promissory note - related party 736,669 762,850
Deferred underwriting discount 12,075,000 12,075,000
Total liabilities 19,138,273 24,158,574
Commitments and contingencies (See Note 6)
Stockholders' deficit:    
Preferred stock, $0.0001 par value, 1,000,000 shares authorized, none issued and outstanding
Accumulated deficit (18,666,766) (23,293,331)
Total stockholders' deficit (18,665,903) (23,292,468)
Total liabilities and stockholders' deficit 345,519,632 345,885,210
Public Warrants    
Current liabilities:    
Derivative liability 2,788,667 5,865,000
Private Placement Warrants    
Current liabilities:    
Derivative liability 3,243,000 5,043,333
Class A Common Stock Subject to Redemption    
Current liabilities:    
Class A common stock, $0.0001 par value; 200,000,000 shares authorized; 34,500,000 shares subject to redemption at redemption value at March 31, 2022 and December 31, 2021 345,047,262 345,019,104
Class B common stock    
Stockholders' deficit:    
Common stock $ 863 $ 863