Quarterly report pursuant to Section 13 or 15(d)

Initial Public Offering (Tables)

v3.22.2.2
Initial Public Offering (Tables)
6 Months Ended
Jun. 30, 2022
Temporary Equity Disclosure [Abstract]  
Summary of Class A common stock subject to redemption
As of June 30, 2022, the common stock reflected on the condensed balance sheets are reconciled in the following table:
 
Gross proceeds from IPO
   $ 300,000,000  
Less:
        
Proceeds allocated to Public Warrants
     (19,987,400
Common stock issuance costs
     (15,968,970
Payment from Trust Account in connection with redemption of shares
     (249,614,847
Plus:
        
Accretion of carrying value to redemption value
     36,121,727  
    
 
 
 
Class A common stock subject to possible redemption
   $ 50,550,510  
    
 
 
 
As of December 31, 2021, the common stock reflected on the condensed balance sheets are reconciled in the following table:
 
Gross proceeds from IPO
   $ 300,000,000  
Less:
        
Proceeds allocated to Public Warrants
     (19,987,400
Common stock issuance costs
     (15,968,970
Plus:
        
Accretion of carrying value to redemption value
     35,956,370  
    
 
 
 
Class A common stock subject to possible redemption
   $ 300,000,000