Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash $ 3,998 $ 26,468
Prepaid expenses 787,809 927,496
Total current assets 791,807 953,964
Derivative assets 162,390 0
Investments held in Trust Account 345,072,411 345,041,529
Total Assets 346,026,608 345,995,493
Current liabilities:    
Accounts payable 1,442,735 1,494,979
Accrued expenses 80,658 93,905
Due to related party 484,898 160,077
Total current liabilities 2,008,291 1,748,961
Deferred underwriting commissions 12,075,000 12,075,000
Derivative liabilities 5,654,030 12,551,740
Total liabilities 19,737,321 26,375,701
Commitments and Contingencies
Class A ordinary shares subject to possible redemption, $0.0001 par value; 34,500,000 shares at redemption value of $10.00 per share as of March 31, 2022 and December 31, 2021 345,000,000 345,000,000
Shareholders' Deficit:    
Preference shares, $0.0001 par value 1,000,000 shares authorized none issued or outstanding as of March 31, 2022 and December 31, 2021 0 0
Additional paid-in capital 0 0
Accumulated deficit (18,711,576) (25,381,071)
Total shareholders' deficit (18,710,713) (25,380,208)
Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption and Shareholders' Deficit 346,026,608 345,995,493
Class A Common Stock    
Shareholders' Deficit:    
Common stock 0 0
Class B Common Stock    
Shareholders' Deficit:    
Common stock $ 863 $ 863