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Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2022
Accounting Policies [Abstract]  
Summary of Shares Subject to Possible Redemption The Class A ordinary shares subject to possible redemption reflected on the balance sheet as of September 30, 2022 and December 31, 2021 are reconciled in the following table:

 

Gross proceeds

$

316,250,000

 

 

 

Less:

 

 

Deferred underwriting fees and other offering costs

 

(16,672,763)

Proceeds allocated to public warrants

 

(23,718,750)

 

 

 

Plus:

 

 

Total accretion of carrying value to redemption value

 

43,554,013

Class A ordinary shares subject to possible redemption at

   December 31, 2021

$

319,412,500

Accretion of Class A ordinary shares subject to redemption

 

Class A ordinary shares subject to possible redemption at

   March 31, 2022

$

319,412,500

Accretion of Class A ordinary shares subject to redemption

 

388,244

Class A ordinary shares subject to possible redemption at

   June 30, 2022

$

319,800,744

Accretion of Class A ordinary shares subject to redemption

 

1,444,322

Class A ordinary shares subject to possible redemption at

   September 30, 2022

$

321,245,066

 

Reconciliation of Net Income (Loss) Per Ordinary Share

A reconciliation of the net income (loss) per ordinary share is as follows:

 

 

 

For the Three

Months Ended

September 30, 2022

 

 

For the Three

Months Ended

September 30, 2021

 

For the Nine

Months Ended

September 30, 2022 

 

For the period from February 22

2021 (Inception)

Through September 30, 2021

Redeemable Class A Ordinary

   Shares

 

 

 

 

 

 

 

 

 

 

 

 

 

Numerator: Net income (loss)

   allocable to Redeemable

   Class A Ordinary Shares

 

$

(9,570,678)  

 

 

$

(8,982,611)

 

5,313,610

 

(6,690,920)

Denominator: Weighted Average

   Share Outstanding, Redeemable

   Class A Ordinary Shares

 

 

31,625,000

 

 

 

16,843,750

 

 

31,625,000

 

 

7,011,878

Basic and diluted net income

   (loss) per share, Class A

   subject to possible redemption 

 

$

(0.30)

 

 

$

(0.53)

 

$ 

0.17

 

(0.95)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-Redeemable Class B

   Ordinary Shares

 

 

 

 

 

 

 

 

 

 

 

 

 

Numerator: Net income (loss)

   allocable to non-redeemable

   Class B Ordinary Shares

 

$

(2,392,670)  

 

 

$

(3,959,283)

 

1,328,403

 

(6,778,489)

Denominator: Weighted Average

   Non-Redeemable Class B

   Ordinary Shares

 

 

7,906,250

 

 

 

7,424,253

 

 

7,906,250

 

 

7,103,648

Basic and diluted net income

   (loss) per share, Class B non

   redeemable ordinary shares 

 

$

(0.30)

 

 

$

(0.53)

 

$

0.17

 

(0.95)