Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2022

The following table reflects the calculation of basic and diluted net income per ordinary share (in dollars, except per share amounts):


	Three Months Ended March 31, 2022
Class A ordinary shares subject to possible redemption
Numerator: Income attributable to Class A ordinary shares subject to possible redemption
Net income	$	2,130,009

Net income attributable to Class A ordinary shares subject to possible redemption	$	2,130,009

Denominator: Weighted average Class A ordinary shares subject to possible redemption
Basic and diluted weighted average shares outstanding, Class A ordinary shares subject to possible redemption		11,446,667

Basic and diluted net income per share, Class A ordinary shares subject to possible redemption	$	0.19
Non-Redeemable ordinary shares
Numerator: Net income
Net income	$	967,628
Net income attributable to non-redeemable Class A and Class B ordinary shares	$	967,628

Denominator: Weighted average non-redeemable ordinary shares
Basic and diluted weighted average shares outstanding, non-redeemable ordinary shares		5,200,033

Basic and diluted net income per share, non-redeemable ordinary shares	$	0.19

As of March 31, 2022, the Class A ordinary shares, classified as temporary equity in the balance sheet, are reconciled in the following table:


Gross proceeds from initial public offering	$	202,000,000
Less:
Proceeds allocated to public warrants		(3,521,870	)
Offering costs allocated to Class A ordinary shares subject to possible redemptio n		(13,079,620	)
Fair value allocated to rights		(15,596,420	)
Plus:
Proceeds allocated to private warrants		4,211,323
Re-measurement of Class A ordinary shares subject to possible redemption		30,006,587

Class A ordinary shares subject to possible redemption, March 31, 2022	$	204,020,000