Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.23.1
Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2023
Summary of Significant Accounting Policies [Abstract]  
Shares Subject to Possible Redemption

As of March 31, 2023 and December 31, 2022, the Class A ordinary shares subject to possible redemption reflected on the balance sheets are reconciled in the following table:

Class A ordinary shares subject to possible redemption, December 31, 2021
    232,300,000  
Accretion of carrying value to redemption value
   
3,278,275
 
Class A ordinary shares subject to possible redemption, December 31, 2022
 
$
235,578,275
 
Accretion of carrying value to redemption value
    2,460,924  
Class A ordinary shares subject to possible redemption, March 31, 2023
  $ 238,039,199  
Reconciliation of Net Income Per Ordinary Share

A reconciliation of net income per ordinary share is as follows:
 
   
For the three months
ended March 31, 2023
   
For the three months
ended March 31, 2022
 
   
Class A
   
Class B
   
Class A
   
Class B
 
Basic and diluted net income per ordinary share
                       
Numerator:
                       
Allocation of net income, as adjusted
 
$
2,282,974
   
$
570,744
   
$
2,551,843
   
$
637,961
 
Denominator:
                               
Basic and diluted weighted average shares outstanding
   
23,000,000
     
5,750,000
     
23,000,000
     
5,750,000
 
Basic and diluted net income per ordinary share
 
$
0.10
   
$
0.10
   
$
0.11
   
$
0.11