v3.22.2

Condensed Balance Sheets - USD ($)	Jun. 30, 2022	Dec. 31, 2021
ASSETS:
Cash	$ 400,895	$ 927,861
Prepaid expenses	359,467	507,935
Total current assets	760,362	1,435,796
Prepaid expenses non-current		69,288
Marketable securities held in Trust Account	276,195,759	276,056,900
Total Assets	276,956,121	277,561,984
LIABILITIES, REDEEMABLE ORDINARY SHARES AND STAREHOLDERS’ DEFICIT:
Accrued offering costs and expenses	2,533,960	2,343,813
Due to related party		5,204
Total current liabilities	2,533,960	2,349,017
Warrant liability	1,676,086	11,248,500
Deferred underwriting commissions	9,660,000	9,660,000
Total liabilities	13,870,046	23,257,517
Commitments
Class A ordinary shares subject to possible redemption, 27,600,000 shares at redemption value at June 30, 2022 and December 31, 2021	276,195,759	276,000,000
Shareholders’ Deficit:
Preferred shares, $0.0001 par value; 5,000,000 shares authorized; no shares issued and outstanding
Class A ordinary shares, $0.0001 par value; 500,000,000 shares authorized; none issued and outstanding (excluding 27,600,000 shares subject to possible redemption)
Class B ordinary shares, $0.0001 par value; 50,000,000 shares authorized; 6,900,000 shares issued and outstanding at June 30, 2022 and December 31, 2021	690	690
Additional paid-in capital	659,578	362,493
Accumulated deficit	(13,769,952)	(22,058,716)
Total shareholders’ deficit	(13,109,684)	(21,695,533)
Total Liabilities, Redeemable Ordinary Shares and Shareholders’ Deficit	$ 276,956,121	$ 277,561,984

Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity.

+ References

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New Vista Acquisition Corp 10-Q