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CLASS A ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION | 3 Months Ended | 12 Months Ended
--- | --- | ---
Mar. 31, 2023 | Dec. 31, 2022
Temporary Equity Disclosure [Abstract] |  |
CLASS A ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION | NOTE 6. CLASS A ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION Some of the Company’s Class A ordinary shares feature certain redemption rights that are considered to be outside of the Company’s control and subject to the occurrence of future events. The Company is authorized to issue 200,000,000 shares of Class A ordinary shares with a par value of $ 0.0001 per share. Holders of the Company’s Class A ordinary shares are entitled to one vote for each share. As of March 31, 2023 and December 31, 2022, there were 28,407,000 shares of Class A ordinary shares outstanding, of which 27,500,000 shares were subject to possible redemption and are classified outside of permanent equity in the condensed consolidated balance sheets. As of March 31, 2023 and December 31, 2022, the Class A ordinary shares subject to possible redemption reflected on the condensed consolidated balance sheets are reconciled on the following table:
Gross proceeds |  | $ | 275,000,000 |
Less: |  |  |  |
Offering costs allocated to Class A ordinary shares subject to possible redemption |  |  | (16,046,813 | )
Increase in redemption value of Class A ordinary shares subject to possible redemption |  |  | (3,166,410 | )
Plus: |  |  |  |
Accretion of carrying value to redemption value |  |  | 16,046,813 |
Waiver of offering costs allocated to Class A ordinary shares subject to possible redemption |  |  | 6,015,625 |
Class A ordinary shares subject to possible redemption as of December 31, 2022 |  |  | 277,849,215 |
Plus: |  |  |  |
Accretion of carrying value to redemption value |  |  | 2,797,302 |
Class A ordinary shares subject to possible redemption as of March 31, 2023 |  | $ | 280,646,517 |
| NOTE 7 — CLASS A ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION Some of the Company’s Class A ordinary shares feature certain redemption rights that are considered to be outside of the Company’s control and subject to the occurrence of future events. The Company is authorized to issue 200,000,000 shares of Class A ordinary shares with a par value of $0.0001 per share. Holders of the Company’s Class A ordinary shares are entitled to one vote for each share. As of December 31, 2022 and 2021, there were 28,407,000 shares of Class A ordinary shares outstanding, of which 27,500,000 were subject to possible redemption and are classified outside of permanent equity in the consolidated balance sheets. The Class A ordinary shares subject to possible redemption reflected on the consolidated balance sheets is reconciled on the following table:
Gross proceeds |  | $ | 275,000,000 |
Less: |  |  |  |
Offering costs allocated to Class A ordinary shares subject to possible redemption |  |  | (16,046,813 | )
Plus: |  |  |  |
Accretion of carrying value to redemption value |  |  | 16,046,813 |
Class A ordinary shares subject to possible redemption as of December 31, 2021 |  |  | 275,000,000 |
Plus: |  |  |  |
Waiver of offering costs allocated to Class A ordinary shares subject to possible redemption |  |  | 6,015,625 |
Less: |  |  |  |
Increase in redemption value of Class A ordinary shares subject to possible redemption |  |  | (3,166,410 | )
Class A ordinary shares subject to possible redemption as of December 31, 2022 |  | $ | 277,849,215 |

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- Definition The entire disclosure for temporary equity. + References No definition available. + Details
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Namespace Prefix: | fwac_
Data Type: | dtr-types:textBlockItemType
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- References No definition available. + Details
Name: | us-gaap_TemporaryEquityDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration