Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.22.2
Summary of Significant Accounting Policies (Tables)
 6 Months Ended
Jun. 30, 2022
Schedule of Basic and Diluted Net Income (Loss) Per Ordinary Share As a result, diluted income per Class B ordinary share is the same as basic income per Class B ordinary share for the periods presented.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
    
Three Months Ended

June 30, 2022
     
Six Months Ended

June 30, 2022
  
    
Class A
     
Class B
     
Class A
     
Class B
  
Basic and diluted net income per share:
                                    
Numerator:
                                    
Allocation of net income
    $ 2,078,155      $ 519,539      $ 10,501,148      $ 2,625,287  
    
 
 
     
 
 
     
 
 
     
 
 
  
Denominator:
                                    
Weighted-average shares outstanding
      34,500,000        8,625,000        34,500,000        8,625,000  
Basic and diluted net income per share
    $ 0.06      $ 0.06      $ 0.30      $ 0.30  
Class A Ordinary Shares Subject To Possible Redemption [Member]  
Summary of Class A Ordinary Shares Temporary Equity
As of June 30, 2022 and December 31, 2021, the Class A ordinary shares reflected in the condensed balance sheets are reconciled in the following table:
 
 
 
 
 
 
Gross Proceeds
   
345,000,000  
Less:
         
Proceeds Allocated to Public Warrants
      (13,631,224 ) 
Class A ordinary shares issuance cost
      (7,285,997 ) 
Add:
         
Accretion of carrying value of redemption value
      27,817,221  
Class A ordinary shares subject to redemption, December 31, 2021
      351,900,000  
Add:
 
 
 
 
Accretion of carrying value to redemption value
      511,362  
    
 
 
  
Class A ordinary shares subject to redemption, June 30, 2022
   
352,411,362