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Initial Public Offering and Over-Allotment
9 Months Ended
Sep. 30, 2022
Regulated Operations [Abstract]  
Initial Public Offering and Over-Allotment

Note 3 — Initial Public Offering and Over-Allotment

 

Pursuant to the IPO, the Company sold 7,500,000 Units at a price of $10.00 per Unit. Each Unit consists of one share of common stock and one right to receive one-tenth (1/10) of a share of common stock upon consummation of a Business Combination (each, a “Public Right”).

 

The Company granted the underwriters a 45-day option to purchase up to 1,125,000 Units to cover Over-allotment, if any. On January 14, 2022, the underwriters partially exercised the option and purchased 227,686 additional Units (the “Over-allotment Units”).