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Condensed Balance Sheets - USD ($)
Mar. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 1,193,177 $ 1,369,491
Prepaid expenses 382,367 472,666
Total current assets 1,575,544 1,842,157
Long-term assets    
Marketable securities held in Trust Account 253,037,690 253,012,212
TOTAL ASSETS 254,613,234 254,854,369
Current liabilities    
Accrued expenses 140,489 118,450
Accrued offering costs 317,000 317,000
Total current liabilities 457,489 435,450
Deferred underwriting fee payable 8,855,000 8,855,000
TOTAL LIABILITIES 9,312,489 9,290,450
Commitments
Class A ordinary shares subject to possible redemption; $0.0001 par value; 25,300,000 shares at $10.00 per share redemption value as of March 31, 2022 and December 31, 2021 253,000,000 253,000,000
Shareholders’ Deficit    
Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding
Class A ordinary shares, $0.0001 par value; 500,000,000 shares authorized; 756,000 shares issued and outstanding (excluding 25,300,000 shares subject to possible redemption) as of March 31, 2022 and December 31, 2021 76 76
Class B ordinary shares, $0.0001 par value; 50,000,000 shares authorized; 6,325,000 shares issued and outstanding as of March 31, 2022 and December 31, 2021 633 633
Accumulated deficit (7,699,964) (7,436,790)
Total Shareholders’ Deficit (7,699,255) (7,436,081)
TOTAL LIABILITIES AND SHAREHOLDERS’ DEFICIT $ 254,613,234 $ 254,854,369