In millions, except per share items | Jun-30-22 | Mar-31-22 | Dec-31-21 |
| 10-Q | 10-Q | 10-K |
Cash Flows from Operating Activities: | | | |
Net income (loss) | 5.6 | 2.9 | 1.8 |
Adjustments to reconcile net income (loss) to net cash used in operating activities: | | | |
Interest earned on investments held in Trust Account | -0.4 | 0.0 | |
Change in fair value of warrant liability | -7.9 | -5.6 | -3.5 |
Changes in operating assets and liabilities: | | | |
Prepaid expenses | -0.3 | -0.4 | -0.4 |
Accrued expenses | 1.2 | 1.1 | 0.4 |
Net cash used in operating activities | -1.7 | -1.6 | -1.2 |
|
Cash Flows from Investing Activities | | | |
Net cash provided by (used in) investing activities | 0.1 | | |
|
Cash Flows from Financing Activities | | | |
Proceeds from issuance of Class B common stock to Sponsor | | 13.8 | |
Proceeds from sale of Private Placement Units | | 13.8 | |
Net cash provided by financing activities | | 258.9 | |
Net Change in Cash | -1.6 | 0.4 | 0.8 |
|
Non-Cash investing and financing activities: | | | |