Summary of Significant Accounting Policies (Tables)

6 Months Ended

Mar. 31, 2022

Accounting Policies [Abstract]

Summary of Possible Redemption

Accordingly, as of March 31, 2022, all Class A common stock subject to possible redemption is presented at redemption value as temporary equity, outside of the stockholders’ deficit section of the Company’s condensed balance sheets.

Gross proceeds	$	230,000,000
Less:
Class A common stock issuance costs		(12,671,158	)
Fair value of Public Warrants at issuance		(7,151,850	)
Plus:
Accretion of carrying value to redemption value		24,423,008
Class A common stock subject to possible redemption	$	234,600,000

Reconciliation of Earnings Per Share

A reconciliation of the earnings per share is below:

	For the Three Months Ended March 31, 2022			For The Period From March 25, 2021 (Inception) Through March 31, 2021		For The Six Months Ended March 31, 2022
Redeemable Class A Common Stock
Numerator: Net (loss) income allocable to Redeemable Class A Common Stock	$	(251,326	)	$	-	$	(374,045	)
Denominator: Weighted Average Share Outstanding, Redeemable Class A Common Stock
Basic and diluted weighted average shares outstanding, Redeemable Class A		23,000,000			-		17,313,187
Basic and diluted  per share, Class A common stock subject to possible redemption	$	(0.02	)	$	0.00	$	(0.02	)
Non-Redeemable Class B Common Stock
Numerator: Net (loss) income allocable to non-Redeemable Class B Common Stock
Net (loss) income allocable to non-redeemable Class B Common Stock	$	(80,777	)	$	-	$	(120,220	)
Denominator: Weighted Average Non-Redeemable Class B Common Stock		5,750,000			5,000,000		5,564,560
Basic and diluted  per share, Class B non-redeemable common stock	$	(0.02	)	$	0.00	$	(0.02	)