Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.23.1
Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2023
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

March 31, 2023
    
Three Months Ended

March 31, 2022
 
    
Class A
    
Class B
    
Class A
    
Class B
 
Basic and diluted net income per share:
                                   
Numerator:
                                   
Allocation of net income
   $ 1,741,415      $ 435,354      $ 8,422,993      $ 2,105,748  
Denominator
                                   
Weighted-average shares outstanding
     34,500,000        8,625,000        34,500,000        8,625,000  
    
 
 
    
 
 
    
 
 
    
 
 
 
Basic and diluted net income per share
   $ 0.05      $ 0.05      $ 0.24      $ 0.24  
Class A Ordinary Shares Subject To Possible Redemption [Member]  
Summary of Class A Ordinary Shares Temporary Equity
As of March 31, 2023 and December 31, 2022, 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
     32,892,828  
    
 
 
 
Class A ordinary shares subject to redemption, December 31, 2022
  
 
356,975,607
 
Add:
        
Accretion of carrying value to redemption value
     3,787,699  
    
 
 
 
Class A ordinary shares subject to redemption, March 31, 2023
  
$
360,763,306