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Summary of Significant Accounting Policies (Tables)
11 Months Ended
Dec. 31, 2021
Accounting Policies [Abstract]  
Reconciliation of Ordinary Shares Subject to Possible Redemption

As of December 31, 2021, the Class A ordinary shares subject to possible redemption reflected in the balance sheet are reconciled in the following table:

 

Gross proceeds

 

$

230,000,000

 

Less:

 

 

 

 

Proceeds allocated to Public Warrants

 

 

(9,637,000

)

Issuance costs allocated to Class A ordinary shares

 

 

(12,907,420

)

Plus:

 

 

 

 

Re-measurement of carrying value to redemption value

 

 

25,994,420

 

Class A ordinary shares subject to possible redemption

 

$

233,450,000

 

Calculation of Basic and Diluted Net Loss Per Ordinary Share

The following table reflects the calculation of basic and diluted net loss per ordinary share (in dollars, except per share amounts):

 

 

 

For the Period from January 21,

2021 (Inception) Through

December 31, 2021

 

 

 

Class A

 

 

Class B

 

Basic and diluted net loss per share:

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

Net loss

 

$

(138,342

)

 

$

(174,932

)

Denominator:

 

 

 

 

 

 

 

 

Basic and diluted weighted average shares outstanding

 

 

4,011,628

 

 

 

5,072,674

 

Basic and diluted net loss per share

 

$

(0.03

)

 

$

(0.03

)