Quarterly report pursuant to Section 13 or 15(d)

CONDENSED BALANCE SHEETS

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CONDENSED BALANCE SHEETS - USD ($)
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash $ 385,060 $ 461,064
Prepaid expenses 279,667 405,042
Total current assets 664,727 866,106
Marketable Securities held in Trust Account 345,537,283 345,019,104
Total assets 346,202,010 345,885,210
Current liabilities:    
Accounts payable and accrued expenses 168,735 412,391
Income taxes payable 48,266  
Total current liabilities 217,001 412,391
Convertible promissory note - related party 1,324,475 762,850
Deferred underwriting discount 12,075,000 12,075,000
Total liabilities 15,977,809 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 (15,313,945) (23,293,331)
Total stockholders' deficit (15,313,082) (23,292,468)
Total liabilities and stockholders' deficit 346,202,010 345,885,210
Public Warrants    
Current liabilities:    
Derivative liability 1,269,600 5,865,000
Private Placement Warrants    
Current liabilities:    
Derivative liability 1,091,733 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 June 30, 2022 and December 31, 2021 345,537,283 345,019,104
Class B common stock    
Stockholders' deficit:    
Common stock $ 863 $ 863