Class A Common Stock Subject to Possible Redemption

11 Months Ended

Dec. 31, 2021

Class A Common Stock Subject to Possible Redemption [Abstract]

Class A Common Stock Subject to Possible Redemption

Note 7 - Class A Common Stock Subject to Possible Redemption

The Company’s Class A common stock features certain redemption rights that are considered to be outside of the Company’s control and subject to the occurrence of future events. The Company is authorized to issue 200,000,000 shares of Class A common stock with a par value of $0.0001 per share. Holders of the Company’s Class A common stock are entitled to one vote for each share. As of December 31, 2021, there were 16,851,598 Class A common stock outstanding, all of which were subject to possible redemption.

The Class A common stock subject to possible redemption reflected on the balance sheet is reconciled on the following table:

Gross proceeds	$	168,515,980
Less:
Fair value of Public Warrants at issuance		(3,827,481	)
Fair value of over-allotment option liabilities		(16,852	)
Offering costs allocated to Class A common stock subject to possible redemption		(9,725,650	)
Plus:
Accretion on Class A common stock subject to possible redemption amount		13,569,983
Class A common stock subject to possible redemption	$	168,515,980