Annual report pursuant to Section 13 and 15(d)

STATEMENTS OF CASH FLOWS

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STATEMENTS OF CASH FLOWS - USD ($)
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Cash Flows from Operating Activities:    
Net loss $ (402,542) $ (1,965)
Adjustments to reconcile net loss to net cash used in operating activities:    
Interest earned on marketable securities held in Trust Account (13,316)  
Changes in operating assets and liabilities:    
Prepaid expenses (188,617)  
Other assets (102,849)  
Accounts payable and accrued expenses 243,343 225
Net cash used in operating activities (463,981) (1,740)
Cash Flows from Investing Activities:    
Investment of cash in Trust Account (116,725,000)  
Net cash used in investing activities (116,725,000)  
Cash Flows from Financing Activities:    
Proceeds from sale of Units, net of underwriting discounts paid 113,850,000  
Proceeds from sale of Private Units 4,615,000  
Proceeds from promissory note - related party 200,000  
Repayment of promissory note - related party (200,000)  
Payment of offering costs (496,204) (469)
Net cash provided by (used in) financing activities 117,968,796 (469)
Net Change in Cash 779,815 (2,209)
Cash - Beginning of period 22,791 25,000
Cash - End of year 802,606 $ 22,791
Non-cash investing and financing activities:    
Remeasurement of common stock subject to redemption amount 7,799,173  
Initial classification of common stock subject to possible redemption $ 116,725,000