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CONDENSED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 5 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2021
Jun. 30, 2022
General and administrative expenses $ 255,430 $ 567 $ 1,499 $ 622,813
Income tax expense 9,347 0 0 9,347
Loss from operations (264,777) (567) (1,499) (632,160)
Other income        
Change in fair value of derivative warrant liabilities 2,071,850 0 0 5,632,850
Income from investments held in Trust Account 182,614 0 0 308,793
Interest income 6 0 0 20
Net income (loss) 1,989,693 (567) $ (1,499) 5,309,503
Class A common stock [Member]        
Other income        
Net income (loss) $ 1,591,754 $ 0   $ 4,247,602
Weighted average shares outstanding, basic 17,250,000 0 0 17,250,000
Weighted average shares outstanding, diluted 17,250,000 0 0 17,250,000
Basic net income per share common stock $ 0.09 $ 0 $ 0 $ 0.25
Diluted net income per share common stock $ 0.09 $ 0 $ 0 $ 0.25
Class B common stock [Member]        
Other income        
Net income (loss) $ 397,939 $ 567   $ 1,061,901
Weighted average shares outstanding, basic [1],[2] 4,312,500 3,750,000 3,750,000 4,312,500
Weighted average shares outstanding, diluted [1],[2] 4,312,500 3,750,000 3,750,000 4,312,500
Basic net income per share common stock $ 0.09 $ 0 $ 0 $ 0.25
Diluted net income per share common stock $ 0.09 $ 0 $ 0 $ 0.25
[1] In October 2021, the Company effected a share contribution back to capital resulting in the Sponsor and Founders holding 4,312,500 shares of Class B common stock. All shares and associated amounts have been retroactively restated to reflect the share contribution (see Note 5).
[2] The three-month period ended June 30, 2021 and the period from January 26, 2021 (inception) through June 30, 2021 exclude an aggregate of 562,500 shares that are subject to forfeiture to the extent that the underwriters’ over-allotment is not exercised in full (see Note 5). On November 15, 2021, the underwriters fully exercised their over-allotment option; thus, these shares are no longer subject to forfeiture.