XML 28 R18.htm IDEA: XBRL DOCUMENT v3.22.1
Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2022
Accounting Policies [Abstract]  
Schedule Of Reconciliation Of Ordinary Shares Subject To Possible Redemption
At March 31, 2022 and December 31, 2021, the Class A ordinary shares reflected in the condensed balance sheets are reconciled in the following table:
 
Gross proceeds
   $ 408,454,760  
Less:
        
Proceeds allocated to Public Warrants
     (8,005,713
Class A ordinary shares issuance costs
     (22,587,176
Plus:
        
Accretion of carrying value to redemption value
     30,592,889  
    
 
 
 
Class A ordinary shares subject to possible redemption
   $ 408,454,760  
    
 
 
 
Summary of Earnings Per Share Basic And Diluted
The following table reflects the calculation of basic and diluted net income per ordinary share (in dollars, except per share amounts):
 
    
Three Months Ended

March 31, 2022
    
For the Period from

January 8,

2021 (inception) through

March 31, 2021
 
    
Class A
    
Class B
    
Class A
    
Class B
 
Basic and diluted net income per ordinary share
                                   
Numerator:
                                   
Allocation of net income, as adjusted
   $ 6,529,446      $ 1,632,362      $ 2,624,866      $ 656,217  
Denominator:
                                   
Basic and diluted weighted average shares outstanding
     40,845,476        10,211,369        9,607,764        2,401,941  
    
 
 
    
 
 
    
 
 
    
 
 
 
Basic and diluted net income per ordinary share
   $ 0.16      $ 0.16      $ 0.27      $ 0.27