Quarterly report pursuant to Section 13 or 15(d)

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
General and administrative expenses $ 731,285 $ 678,526 $ 1,122,711 $ 883,814
General and administrative expenses - related party 30,000 30,000 60,000 50,000
Loss from operations (761,285) (708,526) (1,182,771) (933,814)
Other income (expenses):        
Change in fair value of derivative liabilities 3,636,421 (3,545,330) 10,534,131 (897,530)
Change in fair value of derivative assets (162,390) 0    
Offering costs associated with derivative liabilities 0 0 0 (462,850)
Loss on Forward Purchase Agreement 0 0   (1,448,910)
Gain on conversion of working capital loan 0 0 0 243,440
Interest income from investments held in Trust Account 521,853 11,595 552,734 31,764
Total other income (expenses) 3,995,884 (3,533,735) 11,086,865 (2,534,086)
Net income (loss) $ 3,234,599 $ (4,242,261) $ 9,904,094 $ (3,467,900)
Class A Common Stock        
Other income (expenses):        
Basic weighted average ordinary shares outstanding 34,500,000 34,500,000 34,500,000 27,066,298
Basic net income (loss) per share, ordinary share $ 0.08 $ (0.10) $ 0.23 $ (0.10)
Diluted weighted average ordinary shares outstanding 34,500,000 34,500,000 34,500,000 27,066,298
Diluted net income (loss) per share, ordinary share $ 0.08 $ (0.10) $ 0.23 $ (0.10)
Class B Common Stock        
Other income (expenses):        
Basic weighted average ordinary shares outstanding 8,625,000 8,625,000 8,625,000 8,382,597
Basic net income (loss) per share, ordinary share $ 0.08 $ (0.10) $ 0.23 $ (0.10)
Diluted weighted average ordinary shares outstanding 8,625,000 8,625,000 8,625,000 8,382,597
Diluted net income (loss) per share, ordinary share $ 0.08 $ (0.10) $ 0.23 $ (0.10)