SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Sep. 30, 2022

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Schedule of reconciliation of common stock subject to possible redemption

Gross proceeds from IPO	$	276,000,000
Less:
Proceeds allocated to Public Warrants		(11,408,000)
Class A common stock issuance costs		(14,975,165)
Plus:
Accretion of carrying value to redemption value		26,383,165
Class A common stock subject to possible redemption, December 31, 2021		276,000,000
Plus:
Accretion of carrying value to redemption value		904,815
Class A common stock subject to possible redemption, September 30, 2022	$	276,904,815

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

	For the Three Months Ended				For the Nine Months Ended
	September 30, 2022				September 30, 2022
	Class A		Class B		Class A		Class B
Basic and diluted net income per common share
Numerator:
Allocation of net income	$	1,313,967	$	328,492	$	5,026,365	$	1,256,591
Denominator
Weighted-average shares outstanding		27,600,000		6,900,000		27,600,000		6,900,000
Basic and diluted net income per common share	$	0.05	$	0.05	$	0.18	$	0.18

	For the Three Months Ended				For the Nine Months Ended
	September 30,				September 30,
	2021				2021
	Class A		Class B		Class A		Class B
Basic and diluted net income per common share:
Numerator:
Allocation of net income	$	4,527,154	$	1,131,788	$	6,123,777	$	1,829,180
Denominator:
Weighted-average shares outstanding		27,600,000		6,900,000		23,454,945		6,900,000
Basic and diluted net income per common share	$	0.16	$	0.16	$	0.26	$	0.26