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Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2022
Significant Accounting Policies  
Summary of reconciliation of class A ordinary shares reflected in the balance sheet

At December 31, 2022 and 2021, the Class A common stock reflected in the balance sheets is reconciled in the following table:

Gross proceeds

    

$

345,000,000

Less:

 

  

Deferred underwriting costs, net of amounts attributable to warrant liability

(11,431,342)

Paid underwriting fees, net of amounts attributable to warrant liability

(6,532,196)

Proceeds allocated to Public Warrants

(18,390,225)

Other offering costs paid

 

(516,291)

Plus:

 

  

Remeasurement of shares subject to redemption

43,770,054

Class A common stock subject to possible redemption, December 31, 2021

351,900,000

Plus:

Increase in redemption value of shares subject to possible redemption

3,743,935

Class A common stock subject to possible redemption, December 31, 2022

$

355,643,935

Summary of reconciliation of net income per common share

Net income per common share is as follows:

Period from February 18, 2021

(inception) through

Year ended December 31, 2022

December 31, 2021

    

Class A

    

Class B

     

Class A

Class B

Basic and diluted net income per share

 

  

 

  

Numerator:

 

  

 

  

Allocation of net income (Basic net income per share)

$

19,405,027

$

4,851,257

$

4,040,620

$

5,128,985

Dilutive effect of contingently issued stock

$

$

$

(47,817)

$

47,817

Allocation of net income (Diluted net income per share)

$

19,405,027

$

4,851,257

$

3,992,803

$

5,176,802

Denominator

 

  

 

  

Basic weighted-average shares outstanding

 

34,500,000

 

8,625,000

5,876,972

7,459,967

Dilutive effect of contingently issued stock

159,723

Diluted weighted-average shares outstanding

34,500,000

8,625,000

5,876,972

7,619,690

Basic net income per share

$

0.56

$

0.56

$

0.69

$

0.69

Diluted net income per share

$

0.56

$

0.56

$

0.68

$

0.68