| Basic and Diluted Net Income per Share of Ordinary Share |
The table below presents a reconciliation of the numerator used to compute basic and diluted net income per common share:
| |
|
For The Three Months
Ended March 31, 2022
|
|
|
For The Period From January
19, 2021 (inception) Through
March 31, 2021
|
|
|
Net income
|
|
$
|
8,423,391
|
|
|
$
|
(900,645
|
)
|
|
Deemed dividend - increase in redemption value of Class A ordinary shares subject to redemption
|
|
|
(94,152
|
)
|
|
|
-
|
|
|
Net income available to shareholders
|
|
$
|
8,329,239
|
|
|
$
|
(900,645
|
)
|
| |
|
|
|
|
|
|
|
|
The following table reflects a reconciliation of the numerator and denominator used to compute basic and diluted net income per share for each
class of ordinary shares:
|
|
For The Three Months Ended
March 31, 2022
|
|
|
For The Period From January 19,
2021 (inception) Through March
31, 2021
|
|
| |
|
Class A
|
|
|
Class B
|
|
|
Class A
|
|
|
Class B
|
|
|
Basic and diluted net income (loss) per ordinary share:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Numerator:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Allocation of net income (loss)
|
|
$
|
6,663,391
|
|
|
$
|
1,665,848
|
|
|
$
|
(457,155
|
)
|
|
$
|
(443,490
|
)
|
|
Denominator:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic and diluted weighted average ordinary shares outstanding
|
|
|
34,500,000
|
|
|
|
8,625,000
|
|
|
|
8,000,000
|
|
|
|
7,760,870
|
|
|
Basic and diluted net income (loss) per ordinary share
|
|
$
|
0.19
|
|
|
$
|
0.19
|
|
|
$
|
(0.06
|
)
|
|
$
|
(0.06
|
)
|
|