SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2021

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]

Class A Common Stock Subject to Possible Redemption

As of December 31, 2021, the Class A common stock subject to possible redemption reflected in the financial statements are reconciled in the following table:

Gross proceeds	$	180,415,000
Less:
Proceeds allocated to Public Warrants		(8,569,713	)
Issuance costs allocated to Class A common stock		(14,638,901	)
Plus:
Initial accretion of carrying value to redemption value		25,012,764
Subsequent accretion of carrying value to redemption value as of December 31, 2021		29,687
Class A common stock subject to possible redemption	$	182,248,837

Calculation of Basic and Diluted Net Income (Loss) Per Ordinary Share

The following tables reflect the calculation of basic and diluted net income (loss) per common share (in dollars, except per share amounts):

	For the period from March 1, 2021 (inception) through December 31, 2021
Net income	$	7,116,141
Accretion of Class A common stock to redemption amount		(25,042,451	)
Net loss including accretion of temporary equity to redemption value	$	(17,926,310	)

	For the Period from March 1, 2021 (inception) Through December 31, 2021
	Class A				Class B
Basic and diluted net income per share:
Numerator:
Net loss including accretion of temporary equity to redemption value		$	(12,079,673	)		$	(5,846,637	)
Accretion of Class A common stock to redemption amount			25,042,451				—
Net income (loss)		$	12,962,778			$	(5,846,637	)
Denominator:
Weighted Average Common Stock			9,072,195				4,391,000
Basic and diluted net income (loss) per common share		$	1.43			$	(1.33	)