SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Sep. 30, 2022

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]

Class A Ordinary Shares Subject to Possible Redemption

At September 30, 2022 and December 31, 2021, the Class A ordinary shares reflected in the condensed balance sheets are reconciled in the following table:

	Class A ordinary shares subject to possible redemption
Gross proceeds	$	287,500,000
Less:
Proceeds allocated to Public Warrants		(8,050,000	)
Class A ordinary shares issuance costs		(14,373,192	)
Plus:
Remeasurement for Class A ordinary shares subject to possible redemption		22,423,192
Remeasurement for Class A ordinary shares subject to possible redemption – Over-Allotment		56,761
Class A ordinary shares subject to possible redemption - December 31, 2021		287,556,761
Remeasurement of Class A ordinary shares subject to possible redemption:		1,785,795
Class A Ordinary shares subject to possible redemption - September 30, 2022:	$	289,342,556

Basic and Diluted Net Income (Loss) per Ordinary Share

The following table reflects the calculation of basic and diluted net income (loss) per ordinary share (in dollars, except per share amounts):

	Three Months Ended								Nine Months Ended
	September 30, 2022				September 30, 2021				September 30, 2022				September 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	$	1,354,296	$	338,574	$	1,631,689	$	407,922	$	9,261,072	$	2,315,268	$	(992,081	)	$	(328,642	)
Denominator:
Basic and diluted weighted average ordinary share outstanding		28,750,000		7,187,500		28,750,000		7,187,500		28,750,000		7,187,500		20,847,070			6,905,907
Basic and diluted net income (loss) per ordinary share	$	0.05	$	0.05	$	0.06	$	0.06	$	0.32	$	0.32	$	(0.05	)	$	(0.05	)