Fair Value Measurements (Tables)

11 Months Ended

Dec. 31, 2021

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Summary Of Company's Assets And Liabilities That Are Measured At Fair Value

The following table presents information about the Company’s assets and liabilities that are measured at fair value at December 31, 2021, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:

Description	Level		December 31, 2021
Investments held in Trust Account		1	$	234,616,116
Liabilities:
Warrant liability – Private Placement Warrants		3	$	7,320,000
Warrant liability – Public Warrants		1	$	6,670,000

Summary Of The Changes In The Fair Value Of The Company's Financial Instruments That Are Measured At Fair Value On A Recurring Basis

The following table provides a summary of the changes in the fair value of the Company’s financial instruments that are measured at fair value on a recurring basis:

	Private Placement Warrants			Public Warrants			Warrant Liabilities
Fair value at February 9, 2021 (inception)	$	—		$	—		$	—
Initial measurement at November 2, 2021		16,080,000			15,180,000			31,260,000
Change in fair value		(8,760,000	)		(8,510,000	)		(17,270,000	)
Fair value at December 31, 2021	$	8,510,000		$	6,670,000		$	13,990,000

Summary Of Fair Value Of The Derivative Feature Of The Warrants Was Calculated Using The Following Range Of Weighted Average Assumptions

During the year ended December 31, 2021, the fair value of the derivative feature of the Warrants was calculated using the following range of weighted average assumptions:

	November 2, 2021			December 31, 2021
Risk-free interest rate		1.18	%		1.26	%
Expected life of warrants		6.5 years			6.30 years
Expected volatility of underlying shares		11.5	%		12.0	%
Dividend yield		0	%		0	%
Probability of business combination		90	%		90	%

Level 3 [Member]

Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]

Summary Of The Changes In The Fair Value Of The Company's Financial Instruments That Are Measured At Fair Value On A Recurring Basis

The table below provides a summary of the changes in fair value, including net transfers in and/or out, of all financial assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the year ended December 31, 2021:

	Fair Value Measurement Using Level 3 Inputs Total
Balance, November 2, 2021	$	—
Derivative liabilities recorded on issuance of derivative warrants		31,260,000
Transfer to Level 1		(15,180,000	)
Change in fair value of derivative liabilities		(7,320,000	)
Balance, December 31, 2021	$	8,760,000