Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2021

Significant Accounting Policies

Summary of reconciliation of common stock

As of March 31, 2021, the common stock reflected on the balance sheet is reconciled in the following table:

Gross proceeds from IPO	$	276,000,000
Less:
Proceeds allocated to Public Warrants		(11,408,000)
Common stock issuance costs		(14,975,166)
Plus:
Accretion of carrying value to redemption value		26,383,166
Contingently redeemable common stock	$	276,000,000

Schedule of reconciliation of the net income per share of common stock

	For the three months ended
	March 31, 2021
	Class A		Class B
Basic and diluted net income per share:
Numerator:
Allocation of net income	$	4,360,255	$	1,958,955
Denominator:
Weighted-average shares outstanding		15,026,667		6,900,000
Basic and diluted net income per share	$	0.29	$	0.29