Quarterly report pursuant to Section 13 or 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.22.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 3 Months Ended
Mar. 31, 2022
Accounting Policies [Abstract]  
Schedule of redemption of Class A ordinary shares
       
Gross proceeds   $ 199,952,460  
Less:        
Proceeds allocated to Public Warrants     (9,797,808 )
Issuance costs allocated to Class A ordinary shares     (29,576,119 )
Plus:        
Remeasurement of carrying value to redemption value     41,373,452  
Class A ordinary shares subject to possible redemption   $ 201,951,985  
Schedule of basic and diluted net income per ordinary share
                               
   

For the
Three Months Ended

March 31,
2022

     For the
Period from
February 16, 2021
(inception) through
March 31,
2021		  
      Class A       Class B       Class A       Class B  
Basic and diluted net income (loss) per share:                                
Numerator:                                
Net income (loss)   $ 1,491,065     $ 372,766     $ —     $ (9,647 )
Denominator:                                
Basic and diluted weighted average shares outstanding     19,995,246       4,998,811       —       4,375,000  
Basic and diluted net income (loss) per share   $ 0.07     $ 0.07     $ —     $ (0.00 )