Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2023

Accounting Policies [Abstract]

Reconciliation of Class A Common Stock Subject to Possible Redemption

The Class A common stock subject to possible redemption reflected on the balance sheet as of March 31, 2023 and December 31, 2022 is reconciled in the following table:

Gross Proceeds	$	316,250,000
Less:
Proceeds allocated to Public Warrants		(18,753,625	)
Class A common stock issuance costs		(16,371,960	)
Plus:
Remeasurement of carrying value to redemption value		35,125,585
Class A common stock subject to possible redemption as of December 31, 2021	$	316,250,000
Plus:
Remeasurement of carrying value to redemption value		3,165,389
Class A common stock subject to possible redemption as of December 31, 2022	$	319,415,389
Less:
Redemption of Class A common stock		(298,147,910	)
Plus:
Remeasurement of carrying value to redemption value		1,179,604
Class A common stock subject to possible redemption as of March 31, 2023	$	22,447,083

Basic and Diluted (Loss) Income per Common Share

Accordingly, basic and diluted (loss) income per common share is calculated as follows:

	For the Three Months Ended March 31,
	2023			2022
Class A Common Stock
Net (loss) income allocable to Class A common stock	$	(1,188,345	)	$	5,593,030
Basic and diluted weighted average shares outstanding		12,321,503			31,625,000
Basic and diluted net (loss) income per common share	$	(0.10	)	$	0.18
Class B Common Stock
Net (loss) income allocable to Class B common stock	$	(762,516	)	$	1,398,257
Basic and diluted weighted average shares outstanding		7,906,250			7,906,250
Basic and diluted net (loss) income per common share	$	(0.10	)	$	0.18