diff --git a/openeo_fastapi/cli.py b/openeo_fastapi/cli.py
index eeaded4..f63ab88 100644
--- a/openeo_fastapi/cli.py
+++ b/openeo_fastapi/cli.py
@@ -1,15 +1,15 @@
 """CLI to support quick initialisation of the project source directory."""
+from pathlib import Path
+
 import click
 import fsspec
-
 from alembic import command
 from alembic.config import Config
-from pathlib import Path
 
 from openeo_fastapi.templates import (
     get_app_template,
     get_models_template,
-    get_revision_template
+    get_revision_template,
 )
 
 
@@ -18,26 +18,24 @@ def cli():
     """Defining group for executor CLI."""
     pass
 
+
 @click.command()
-@click.option('--path', default=None, type=str)
+@click.option("--path", default=None, type=str)
 def new(path):
     """Initialize a source directory for an openeo_fastapi api project at the specified location."""
     fs = fsspec.filesystem(protocol="file")
-        
+
     if path:
         path = Path(path)
-        if not path.exists():
-            raise ValueError("Provided path does not exist.")
     else:
         path = Path(fs.get_mapper("").root)
-    
+
     openeo_dir = path
     db_dir = openeo_dir / "psql"
     init_file = openeo_dir / "__init__.py"
     app_file = openeo_dir / "app.py"
     revise_file = openeo_dir / "revise.py"
 
-
     alembic_dir = db_dir / "alembic"
     alembic_models = db_dir / "models.py"
     alembic_ini = db_dir / "alembic.ini"
@@ -45,34 +43,32 @@ def new(path):
     fs.mkdir(openeo_dir)
 
     fs.mkdir(db_dir)
-    
+
     fs.mkdir(alembic_dir)
 
     fs.touch(alembic_models)
-    with fs.open(alembic_models, 'w') as f:
+    with fs.open(alembic_models, "w") as f:
         f.write(get_models_template())
-    
+
     alembic_cfg = Config(alembic_ini)
-    
-    command.init(
-        alembic_cfg,
-        directory=alembic_dir
-    )
-    
+
+    command.init(alembic_cfg, directory=alembic_dir)
+
     fs.touch(init_file)
-    
+
     fs.touch(app_file)
-    with fs.open(app_file, 'w') as f:
+    with fs.open(app_file, "w") as f:
         f.write(get_app_template())
 
     revise_file = openeo_dir / "revise.py"
     fs.touch(revise_file)
-    with fs.open(revise_file, 'w') as f:
+    with fs.open(revise_file, "w") as f:
         f.write(get_revision_template())
 
     pass
 
+
 cli.add_command(new)
 
-if __name__ == '__main__':
+if __name__ == "__main__":
     cli()
diff --git a/pyproject.toml b/pyproject.toml
index 05f43a2..6bc98f4 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -1,6 +1,6 @@
 [tool.poetry]
 name = "openeo-fastapi"
-version = "2024.5.1"
+version = "2024.5.2"
 description = "FastApi implementation conforming to the OpenEO Api specification."
 authors = ["Sean Hoyal <sean.hoyal@external.eodc.eu>"]
 readme = "README.md"