Quarterly report pursuant to Section 13 or 15(d)

CONDENSED BALANCE SHEETS

v3.22.2.2
CONDENSED BALANCE SHEETS - USD ($)
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash $ 152,365 $ 461,064
Prepaid expenses 169,480 405,042
Total current assets 321,845 866,106
Marketable Securities held in Trust Account 347,097,352 345,019,104
Total assets 347,419,197 345,885,210
Current liabilities:    
Accounts payable and accrued expenses 74,401 412,391
Income taxes payable 365,551  
Total current liabilities 439,952 412,391
Convertible promissory note - related party 1,328,124 762,850
Deferred underwriting discount 12,075,000 12,075,000
Total liabilities 14,677,243 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 (14,356,261) (23,293,331)
Total Stockholders' Deficit (14,355,398) (23,292,468)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT 347,419,197 345,885,210
Public Warrants    
Current liabilities:    
Derivative liability 448,500 5,865,000
Private Placement Warrants    
Current liabilities:    
Derivative liability 385,667 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 September 30, 2022 and December 31, 2021 347,097,352 345,019,104
Class B common stock    
Stockholders' Deficit:    
Class B common shares, $0.0001 par value, 20,000,000 shares authorized, 8,625,000 issued and outstanding at September 30, 2022 and December 31, 2021 $ 863 $ 863