Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.22.2
Summary of Significant Accounting Policies (Tables)
 6 Months Ended
Jun. 30, 2022
Accounting Policies [Abstract]  
Schedule of Class A ordinary share reflected in the condensed balance sheet
Gross proceeds   $ 230,000,000  
Less:        
Proceeds allocated to Public Warrants   $ (6,003,000 )
Class A ordinary shares issuance costs     (13,064,007 )
Plus:        
Accretion of carrying value to redemption value   $ 25,970,956  
Class A ordinary shares subject to possible redemption, December 31, 2021   $ 236,903,949  
         
Plus:        
Accretion of carrying value to redemption value     409,787  
Class A ordinary shares subject to possible redemption, June 30, 2022   $ 237,313,736  

 
Schedule of basic and diluted net income (loss) per ordinary share
    Three Months Ended June 30,     Six Months Ended     For the Period from  January 29, 2021 (Inception) through  
    2022     2021     June 30, 2022     June 30, 2021  
    Class A     Class B     Class A     Class B     Class A     Class B     Class A     Class B  
Basic and diluted net income (loss) per ordinary share                                                                
Numerator:                                                                
Allocation of net income (loss), as adjusted   $ 2,653,701     $ 884,567     $ —     $ (4,165 )   $ 5,370,362     $ 1,790,121     $ —     $ (9,187 )
Denominator:                                                                
Basic and diluted weighted average shares outstanding     23,000,000       7,666,667       —       6,666,667       23,000,000       7,666,667       —       6,666,667  
                                                                 
Basic and diluted net income (loss) per ordinary share   $ 0.12     $ 0.12     $ —     $ (0.00 )   $ 0.23     $ 0.23     $ —     $ (0.00 )