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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2022
Accounting Policies [Abstract]  
Schedule of Ordinary Shares Subject to Possible Redemption

At June 30, 2022, the Class A Ordinary Shares reflected in the condensed balance sheets are reconciled in the following table:

 

Gross proceeds

 

$

230,000,000

 

Less:

 

 

 

 

Proceeds allocated to public warrants

 

 

(2,560,668

)

Class A Ordinary Shares issuance costs

 

 

(16,608,744

)

Plus:

 

 

 

 

Remeasurement of carrying value to redemption value

 

 

26,083,736

 

Class A Ordinary Shares subject to possible redemption

 

$

236,914,324

 

Schedule of Calculation of Basic and Diluted Net Loss per Ordinary Share

The following table reflects the calculation of basic and diluted net loss per ordinary share (in dollars, except per share amounts):

 

 

 

For the Three Months Ended June 30,

 

For the Six Months Ended June 30,

 

 

 

2022

 

2022

 

 

 

Class A

 

Class B

 

Class A

 

Class B

 

Basic net loss per ordinary share

 

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

 

Allocation of net loss

 

$

(272,860)

 

$

(112,532)

 

$

(215,441)

 

$

(169,951)

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average shares outstanding

 

 

13,142,857

 

 

5,420,330

 

 

6,607,735

 

 

5,212,500

 

Basic net loss per ordinary share

 

$

(0.02)

 

$

(0.02)

 

$

(0.03)

 

$

(0.03)