Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v3.22.1
Summary of Significant Accounting Policies (Tables)
5 Months Ended
Dec. 31, 2021
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 period presented.
    
For the Period from
July 29, 2021
(Inception)
through
December 31, 2021
 
    
Class A
    
Class B
 
Basic and diluted net income per share:
                 
Numerator:
                 
Allocation of net income

   $ 2,049,712      $ 4,325,413  
    
 
 
    
 
 
 
                   
Denominator:
                 
Weighted-average shares outstanding
     3,317,308        7,000,360  
Basic and diluted net income per share
   $ 0.62      $ 0.62  
Class A Ordinary Shares Subject To Possible Redemption [Member]  
Summary of Class A Ordinary Shares Temporary Equity
As of December 31, 2021, the Class A ordinary shares reflected in the balance sheet are reconciled in the following table:
 
 
  
December 31,
2021
 
Gross proceeds
  
$
345,000,000
 
Less:
  
     
Proceeds allocated to Public Warrants
  
 
(13,631,224
Class A ordinary shares issuance costs
  
 
(7,285,997
Plus:
  
     
Adjustment of carrying value to initial redemption value
  
 
27,817,221
 
 
  
 
 
 
Class A ordinary shares subject to possible redemption
  
$
351,900,000
 
IPO [Member]  
Summary of Class A Ordinary Shares Temporary Equity