Annual report pursuant to Section 13 and 15(d)

Initial Public Offering (Tables)

v3.22.1
Initial Public Offering (Tables)
12 Months Ended
Dec. 31, 2021
Initial Public Offering [Abstract]  
Schedule of Common Stock Subject to Possible Redemption

As of December 31, 2021, the common stock subject to possible redemption reflected on the balance sheet are reconciled in the following table:

 

Gross proceeds from public issuance

 

$

276,000,000

 

Less:

 

 

 

 

Proceeds allocated to public warrants

 

 

(16,771,351

)

Common stock issuance costs

 

 

(14,849,933

)

Plus:

 

 

 

 

Accretion of carrying value to redemption value

 

 

31,621,284

 

Common stock subject to possible redemption

 

$

276,000,000