Quarterly report pursuant to Section 13 or 15(d)

Class A Ordinary Shares Subject to Possible Redemption (Tables)

v3.22.2.2
Class A Ordinary Shares Subject to Possible Redemption (Tables)
6 Months Ended
Jun. 30, 2022
Class A Ordinary Shares Subject to Possible Redemption [Abstract]  
Class A Ordinary Shares Subject to Possible Redemption
The Class A ordinary shares subject to possible redemption reflected on the balance sheet is reconciled on the following table:

Gross proceeds
 
$
345,000,000
 
Less:
       
Fair value of Public Warrants at issuance
   
(17,250,000
)
Offering costs allocated to Class A ordinary shares subject to possible redemption
   
(18,910,850
)
Plus:
       
Accretion on Class A ordinary shares subject to possible redemption amount
   
36,160,850
 
Class A ordinary shares subject to possible redemption as of December 31, 2021
 

345,000,000
 
Increase in redemption value of Class A ordinary shares subject to possible redemption
    94,152  
Class A ordinary shares subject to possible redemption as of March 31, 2022
 
345,094,152  
Increase in redemption value of Class A ordinary shares subject to possible redemption
 
515,152
 
Class A ordinary shares subject to possible redemption as of June 30, 2022   $ 345,609,304