Schedule of Class A ordinary shares reflected in the condensed balance sheet |
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Gross proceeds |
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$ |
200,000,000 |
Less: |
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Proceeds allocated to Public Warrants |
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(14,800,000) |
Issuance costs allocated to Class A ordinary shares |
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(10,603,116) |
Plus: |
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Remeasurement of carrying value to redemption value |
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25,403,116 |
Class A ordinary shares subject to possible redemption as of December 31, 2021 |
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200,000,000 |
Plus: |
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Remeasurement of Class A ordinary shares subject to possible redemption |
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285,358 |
Class A ordinary shares subject to possible redemption as of June 30, 2022 |
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$ |
200,285,358 |
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Schedule of basic and diluted of net income per ordinary share |
The following table reflects the calculation of basic and diluted net income per ordinary share (in dollars, except per share amounts):
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For the Period from |
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For the |
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For the |
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January 22, 2021 |
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Three Months Ended |
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Three Months Ended |
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Six Months Ended |
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(inception) through |
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June 30, 2022 |
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June 30, 2021 |
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June 30, 2022 |
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June 30, 2021 |
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Class A |
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Class B |
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Class A |
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Class B |
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Class A |
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Class B |
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Class A |
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Class B |
Basic and diluted net income per share: |
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Numerator: |
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Net income |
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$ |
10,699,010 |
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2,674,753 |
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8,913,434 |
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2,228,358 |
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10,515,622 |
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2,628,905 |
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4,470,604 |
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1,785,937 |
Denominator: |
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Basic and diluted weighted average shares outstanding |
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20,000,000 |
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5,000,000 |
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20,000,000 |
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5,000,000 |
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20,000,000 |
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5,000,000 |
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10,777,778 |
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4,305,556 |
Basic and diluted net income per share of ordinary share |
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$ |
0.53 |
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$ |
0.53 |
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$ |
0.45 |
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$ |
0.45 |
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$ |
0.53 |
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$ |
0.53 |
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$ |
0.41 |
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$ |
0.41 |
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