Quarterly report pursuant to Section 13 or 15(d)

Class A Ordinary Share Subject to Possible Redemption (Tables)

v3.23.1
Class A Ordinary Share Subject to Possible Redemption (Tables)
3 Months Ended
Mar. 31, 2023
Class A Ordinary Shares Subject to Possible Redemption  
Schedule of reconciliation of Class A ordinary share subject to possible redemption reflected on the condensed balance sheet

Gross proceeds

    

$

414,000,000

Less:

Fair value of Public Warrants at issuance

 

(14,076,000)

Offering costs allocated to Class A ordinary shares subject to possible redemption

 

(22,759,327)

Plus:

 

  

Accretion of Class A ordinary shares subject to possible redemption amount

 

36,835,327

Class A ordinary shares subject to possible redemption - December 31, 2021

414,000,000

Plus:

Waiver of Class A shares issuance costs

8,398,404

Less:

Remeasurement of Class A ordinary shares subject to possible redemption

(2,406,102)

Class A ordinary shares subject to possible redemption - December 31, 2022

$

419,992,302

Plus:

Accretion of Class A ordinary shares subject to possible redemption

2,988,577

Less:

Redemption of Class A ordinary shares

(318,589,709)

Class A ordinary shares subject to possible redemption - March 31, 2023

$

104,391,170