XML 27 R17.htm IDEA: XBRL DOCUMENT v3.22.1
Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2022
Accounting Policies [Abstract]  
Summary of Class A Ordinary Shares Reflected on the Condensed Balance Sheets
As of March 31, 2022, the carrying value of Class A ordinary shares reflected on the condensed balance sheets are reconciled in the following table:
 
Gross proceeds
   $ 230,000,000  
Less:
        
Proceeds allocated to Class 1 Warrants
     (9,430,000
Issuance costs allocated to Class A ordinary shares
     (12,756,565
Plus:
        
Remeasurement of carrying value to redemption value
     22,186,565  
    
 
 
 
Class A ordinary shares subject to possible redemption
  
$
230,000,000
 
    
 
 
 
Schedule of Earnings Per Share Basic and Diluted
The table below presents a reconciliation of the numerator and denominator used to compute basic and diluted net income (loss) per share for each class of ordinary shares:
 
 
  
For The Three Months Ended
March 31, 2022
 
  
For The Period From
March 19, 2021 (Inception)
Through March 31, 2021
 
 
  
Class A
 
  
Class B
 
  
Class B
 
Basic and diluted net loss per ordinary share:
                          
Numerator:
                          
Allocation of net loss
   $ (113,514    $ (142,321    $ (25,822
Denominator:
                          
Basic and diluted weighted average ordinary shares outstanding
     7,155,556        8,971,428        659,341  
    
 
 
    
 
 
    
 
 
 
Basic and diluted net loss per ordinary share
   $ (0.02    $ (0.02    $ (0.04