Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v3.22.0.1
Summary of Significant Accounting Policies (Tables)
10 Months Ended
Dec. 31, 2021
Accounting Policies [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
    
For the Period
March 3, 2021
(inception) through
December 31, 2021
 
    
Class A
    
Class B
 
Basic and diluted net loss per ordinary share
     —          —    
Numerator:
                 
Allocation of net loss, as adjusted
   $ (1,715,292 )    $ (808,320 )
     
Denominator:
                 
Basic and diluted weighted average shares outstanding
     9,059,406        4,269,183  
Basic and diluted net loss per ordinary share
     (0.19 )      (0.19
Schedule of reconciliation of Class A Ordinary Shares Reflected in the Balance Sheet
At December 31, 2021, the shares of Class A ordinary shares reflected in the balance sheet is reconciled in the following table:
 
Gross proceeds
   $ 169,000,000  
Less:
        
Proceeds allocated to the Public Warrants
     (11,914,500
Shares of Class A ordinary share issuance costs
     (9,329,478
    
 
 
 
       (21,243,978
Plus:
        
Measurement adjustment of carrying value to redemption value
     21,243,978  
    
 
 
 
Class A Common Stock subject to possible redemption
   $ 169,000,000