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Balance Sheets - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash $ 867,698
Prepaid expenses 299,487 6,759
Total current assets 1,167,185 6,759
Deferred offering costs 423,000
Investments held in Trust Account 241,526,002
Total Assets 242,693,187 429,759
Current liabilities:    
Accounts payable 15,000
Accrued expenses 119,875 262,300
Note payable - related party 45,000
Total current liabilities 119,875 322,300
Deferred legal fees 604,749 113,000
Deferred underwriting commissions 9,056,250
Derivative warrant liabilities 7,031,280
Total liabilities 16,812,154 435,300
Commitments and Contingencies (Note 6)
Class A ordinary shares, $0.0001 par value; 24,150,000 and 0 shares subject to possible redemption at $10.00 per share at December 31, 2021 and December 31, 2020, respectively 241,500,000
Shareholders’ Deficit    
Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding
Class A ordinary shares, $0.0001 par value; 500,000,000 shares authorized; no non-redeemable shares issued or outstanding at December 31, 2021 and December 31, 2020
Class B ordinary shares, $0.0001 par value; 50,000,000 shares authorized; 6,037,500 shares issued and outstanding at December 31, 2021 and December 31, 2020 604 604
Additional paid-in capital 24,396
Accumulated deficit (15,619,571) (30,541)
Total Shareholders’ Deficit (15,618,967) (5,541)
Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption and Shareholders’ Deficit $ 242,693,187 $ 429,759