Quarterly report pursuant to Section 13 or 15(d)

Initial Public Offering (Tables)

v3.22.1
Initial Public Offering (Tables)
3 Months Ended
Mar. 31, 2022
Equity [Abstract]  
Schedule of Reconciliation of Class A Ordinary shares reflected in the Condensed Balance Sheets
As of March 31, 2022 and December 31, 2021, the ordinary shares reflected on the balance sheet are reconciled in the following table:
 
 
 
 
 
 
Gross proceeds from IPO
   $ 402,500,000  
Less:
        
Proceeds allocated to Public Warrants
     (10,101,143
Ordinary share issuance costs
     (22,162,529
Plus:
        
Accretion of carrying value to redemption value
     32,263,672  
    
 
 
 
Contingently redeemable ordinary shares
  
$
402,500,000