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Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2022
Significant Accounting Policies  
Schedule of Class A ordinary shares subject to possible redemption reflected on the balance sheet

The Class A ordinary shares subject to possible redemption reflected on the balance sheets as of June 30, 2022 and December 31, 2021 is reconciled in the following table:

June 30,

December 31,

    

2022

    

2021

Proceeds from IPO

$

230,000,000

$

230,000,000

Less: Proceeds allocated to Public Warrants

 

(6,900,000)

 

(6,900,000)

Class A ordinary shares issuance costs

 

(12,963,555)

 

(12,963,555)

Plus:

 

  

 

  

Fair value of over-allotment option

 

60,000

 

60,000

Remeasurement of Class A ordinary shares to redemption value

 

26,817,770

 

26,703,555

Class A ordinary shares subject to possible redemption

$

237,014,215

$

236,900,000

Schedule of calculation of basic and diluted loss per share

 

For the period ended

from April 16, 2021

For the three months ended

For the six months ended

(inception) through

June 30, 2022

 

June 30, 2022

June 30, 2021

    

Class A

    

Class B

    

Class A

    

Class B

    

Class A

    

Class B

Basic and diluted net loss per share:

 

  

 

  

  

 

  

  

 

  

Numerator:

 

  

 

  

  

 

  

  

 

  

Allocation of net loss

$

(167,004)

$

(48,014)

$

(588,197)

$

(169,107)

$

$

(7,377)

Denominator:

 

  

 

  

 

  

 

  

 

  

 

  

Weighted-average shares outstanding including ordinary shares subject to redemption

 

20,000,000

 

5,750,000

 

20,000,000

 

5,750,000

 

 

5,750,000

Basic and diluted net loss per share

$

(0.01)

$

(0.01)

$

(0.03)

$

(0.03)

$

$

(0.00)