Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.22.2
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2022
Schedule of Basic and Diluted Net Income (Loss) Per Ordinary Share As a result, diluted income per Class B ordinary share is the same as basic income per Class B ordinary share for the periods presented.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
    
Three Months Ended

June 30, 2022
    
Six Months Ended

June 30, 2022
 
    
Class A
    
Class B
    
Class A
    
Class B
 
Basic and diluted net income per share:
                                   
Numerator:
                                   
Allocation of net income
   $ 2,078,155      $ 519,539      $ 10,501,148      $ 2,625,287  
    
 
 
    
 
 
    
 
 
    
 
 
 
Denominator:
                                   
Weighted-average shares outstanding
     34,500,000        8,625,000        34,500,000        8,625,000  
Basic and diluted net income per share
   $ 0.06      $ 0.06      $ 0.30      $ 0.30  
Class A Ordinary Shares Subject To Possible Redemption [Member]  
Summary of Class A Ordinary Shares Temporary Equity
As of June 30, 2022 and December 31, 2021, the Class A ordinary shares reflected in the condensed balance sheets are reconciled in the following table:
 
 
 
 
 
 
Gross Proceeds
  
345,000,000  
Less:
        
Proceeds Allocated to Public Warrants
     (13,631,224
Class A ordinary shares issuance cost
     (7,285,997
Add:
        
Accretion of carrying value of redemption value
     27,817,221  
Class A ordinary shares subject to redemption, December 31, 2021
     351,900,000  
Add:
 
 
 
 
Accretion of carrying value to redemption value
     511,362  
    
 
 
 
Class A ordinary shares subject to redemption, June 30, 2022
  
352,411,362