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Trust Account and Fair Value Measurement
6 Months Ended
Jun. 30, 2022
Trust Account And Fair Value Measurement [Abstract]  
Trust Account And Fair Value Measurement
Note 4—Trust Account and Fair Value Measurement
At June 30, 2022 and December 31, 2021, the proceeds of the Trust Account were invested primarily in money market funds meeting certain conditions described above.
The following table presents information about the Company’s assets that are measured at fair value on a recurring basis as of June 30, 2022 and December 31, 2021 and indicates the fair value hierarchy of the valuation techniques the Company utilized to determine such fair value. Since all of the Company’s permitted investments at June 30, 2022 and December 31, 2021 consisted of money market funds that invest only in U.S. government treasury bills, fair values of its investments are determined by Level 1 inputs utilizing quoted prices (unadjusted) in active markets for identical assets or liabilities as follows:
 
Description
  
Quoted Price
Prices in Active
Markets (Level 1)
 
Assets:
  
     
Money market funds
  
$
204,300,000
 
     
Description
  
Quoted Price
Prices in Active
Markets (Level 1)
 
Assets:
  
     
Money market funds
  
$
204,004,000