XML 31 R18.htm IDEA: XBRL DOCUMENT v3.23.2
Summary of Significant Accounting Policies (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2023
Dec. 31, 2022
Accounting Policies [Abstract]    
Schedule of basic and diluted net income (loss) per ordinary share
The following table reflects the calculation of basic and diluted net income per ordinary share (in dollars, except per share amounts):
 
 
  
For the Three

Months Ended

March 31, 2023

Class A Ordinary

Shares
 
  
For the Three

Months Ended

March 31, 2023

Class B Ordinary

Shares
 
Basic and diluted net income per share
                 
Numerator:
                 
Allocation of net income
    
72,772
      
18,193
 
    
 
 
    
 
 
 
Denominator:
                 
Basic and diluted weighted average ordinary shares outstanding
    
20,010,000
      
5,002,500
 
    
 
 
    
 
 
 
Basic and diluted net income per share
  
$
0.00
    
$
0.00
 
    
 
 
    
 
 
 
 
 
  
For the Three

Months Ended

March 31, 2022

Class A Ordinary

Shares
 
  
For the Three

Months Ended

March 31, 2022

Class B Ordinary

Shares
 
Basic and diluted net loss per share
                 
Numerator:
                 
Allocation of net loss
    
(130,304
    
(32,576
    
 
 
    
 
 
 
Denominator:
                 
Basic and diluted weighted average ordinary shares outstanding
    
20,010,000
      
5,002,500
 
    
 
 
    
 
 
 
Basic and diluted net loss per share
  
$
(0.01
  
$
(0.01
    
 
 
    
 
 
 
The following table reflects the calculation of basic and diluted net income (loss) per ordinary share (in dollars, except per share amounts):
 

 
  
For the Year
Ended
December 31,
2022

Class A
 
  
For the Year
Ended
December 31,
2022

Class B
 
  
For the Period
from

April 22, 2021

through

December 31,
2021
 
  
For the
Period from

April 22,
2021 through

December 31,
2021
 
Basic and diluted net income (loss) per share
  
  
  
  
Numerator:
  
  
  
  
Allocation of net income (loss)
     786,751        196,688        (79,500      (135,718
    
 
 
    
 
 
    
 
 
    
 
 
 
Denominator:
                                   
Basic and diluted weighted average ordinary
shares outstanding
     20,010,000        5,002,500        2,930,335        5,002,500  
    
 
 
    
 
 
    
 
 
    
 
 
 
Basic and diluted net income (loss) per share
   $ 0.04      $ 0.04      $ (0.03    $ (0.03
    
 
 
    
 
 
    
 
 
    
 
 
 
Summary of temporary equity
As of March 31, 2023 and December 31, 2022, Class A ordinary shares subject to possible redemption reflected on the balance sheet is reco
n
ciled
in
 the following table:
 
Gross proceeds
  
$
200,100,000
 
Less:
  
Proceeds allocated to Public Warrants
  
 
(5,599,898
Offering costs related to Class A ordinary shares subject to possible redemption
  
 
(10,941,287
Plus:
  
Remeasurement of Class A ordinary shares to redemption value
  
 
23,532,992
 
Class A ordinary shares subject to possible redemption – December 31, 2022
  
 
207,091,906
 
Remeasurement of Class A ordinary shares to redemption value
  
 
2,204,244
 
  
 
 
 
Class A ordinary shares subject to possible redemption – March 31, 2023
  
$
209,296,150
 
  
 
 
 
As of December 31, 2022 and 2021, Class A ordinary shares s
ubject
to possible redemption reflecte
d
on the balance sheet is reconciled on the following table:
 
Gross proceeds
  
$
200,100,000
 
Less:
  
Proceeds allocated to Public Warrants
  
 
(5,599,898
)
Offering costs related to Class A ordinary shares subject to possible redemption
  
 
(10,941,287
)
Plus:
  
Remeasurement of Class A ordinary shares to redemption value
  
 
20,543,086
 
  
 
 
 
Class A ordinary shares subject to possible redemption – December 31, 2021
  
 
204,102,000
 
Remeasurement of Class A ordinary shares to redemption value
  
  2,989,906
 
   
 
 
 
Class A ordinary shares subject to possible redemption – December 31, 2022
  
$
207,091,906