Summary of Significant Accounting Policies (Tables)

10 Months Ended

Dec. 31, 2021

Summary of Significant Accounting Policies

Reconciliation of Net Loss per Common Share

	For the period from
	February 25, 2021
	(inception) through
	December 31, 2021
Redeemable Common Stock
Allocation of net loss	$	(105,734)
Denominator: Weighted Average-Redeemable Common Stock
Weighted average shares outstanding		7,032,258
Basic and Diluted Net Loss per Common Share, Redeemable Common Stock	$	(0.02)
Non-Redeemable Common Stock
Allocation of net loss	$	(75,177)
Denominator: Weighted Average-Non-Redeemable Common Stock
Weighted average shares outstanding		5,000,000
Basic and Diluted Net Loss per Common Share, Non-Redeemable Common Stock	$	(0.02)

summary of the components of the provision for income taxes

Federal
Current	$	—
Deferred		37,991
State
Current		—
Deferred		—
Change in valuation allowance		(37,991)
Income tax provision	$	—

Summary of Effective tax rate reconciliation

Effective Tax Rate Reconciliation	Tax-Effected		Rate
Pre-Tax Book Loss	$	(37,991)	21.00	%
Change in Valuation Allowance		37,991	(21.00)	%
Income Tax (Expense) Benefit	$	—	0.00	%

Significant components of the Company's deferred tax assets and liabilities

Organization costs	$	26,251
Net operating loss carryforward		11,740
Total deferred tax asset		37,911
Valuation allowance		(37,911)
Net Deferred Tax Assets/(Liabilities)	$	—

Schedule of common stock subject to possible redemption

The common stock subject to possible redemption reflected on the balance sheet as of December 31, 2021 is reconciled in the following table:

Gross proceeds	$	200,000,000
Less:
Common stock issuance costs		(21,514,584)
Proceeds allocated to Public Warrants at issuance		(5,000,000)
Plus:
Remeasurement of carrying value to redemption value		27,514,584
Common stock subject to possible redemption	$	201,000,000