Aimfinity Investment Corp. I (AIMBU) 10-Q 9 Jun 22 2022 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Mar. 31, 2022	Jun. 09, 2022
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2022
Document Transition Report	false
Entity File Number	001-41361
Entity Registrant Name	Aimfinity Investment Corp. I
Entity Incorporation, State or Country Code	E9
Entity Tax Identification Number	98-1641561
Entity Address, Address Line One	1 Rockefeller Plaza, 11th Floor
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Central Index Key	0001903464
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q1
Amendment Flag	false
Entity Address, Postal Zip Code	10020
City Area Code	646
Local Phone Number	722-2971
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Shell Company	true
Common Class A [Member]
Entity Information [Line Items]
Title of 12(b) Security	Class A ordinary shares, $0.0001 par value
Trading Symbol	AIMA
Security Exchange Name	NASDAQ
Entity Common Stock, Shares Outstanding		8,050,000
Common Class A [Member] | Class One Redeemable Warrants [Member]
Entity Information [Line Items]
Title of 12(b) Security	Class 1 redeemable warrants, each exercisable for one Class A ordinary share at an exercise price of $11.50
Trading Symbol	AIMAW
Security Exchange Name	NASDAQ
Common Class A [Member] | Class Two Redeemable Warrants [Member]
Entity Information [Line Items]
Title of 12(b) Security	Class 2 redeemable warrants, each exercisable for one Class A ordinary share at an exercise price of $11.50
Trading Symbol	AIMAW
Security Exchange Name	NASDAQ
Common Class A [Member] | Units Consisting of Class A Ordinary Shares One Class one Redeemable Warrant and One Half of Class Two Redeemable Warrant [Member] | Units [Member]
Entity Information [Line Items]
Title of 12(b) Security	Units, consisting of one Class A ordinary share, $0.0001 par value, one Class 1 redeemable warrant and one-half of one Class 2 redeemable warrant
Trading Symbol	AIMAU
Security Exchange Name	NASDAQ
Common Class A [Member] | Units Consisting of Class A Ordinary Shares One Class one Redeemable Warrant and One Half of Class Two Redeemable Warrant [Member] | New Units [Member]
Entity Information [Line Items]
Title of 12(b) Security	New Units, consisting of one Class A ordinary share, $0.0001 par value, and one-half of one Class 2 redeemable warrant
Trading Symbol	AIMBU
Security Exchange Name	NASDAQ
Common Class B [Member]
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		2,012,500

Balance Sheets

Balance Sheets - USD ($)	Mar. 31, 2022	Dec. 31, 2021
Assets
Deferred offering costs	$ 319,362	$ 245,025
Total Assets	319,362	245,025
Liabilities and Shareholder's Equity
Promissory Note – related party	297,529	222,729
Total Current Liabilities	297,529	222,729
Commitments and Contingencies Disclosure [Abstract]
Commitments
Shareholder's Equity
Preference shares, $0.0001 par value, 1,000,000 shares authorized, non-issued and outstanding	0	0
Additional Paid in Capital	24,799	24,799
Accumulated deficit	(3,167)	(2,704)
Total Shareholder's Equity	21,833	22,296
Total Liabilities and Shareholder's Equity	319,362	245,025
Common Class A [Member]
Shareholder's Equity
Common Stock	0	0
Common Class B [Member]
Shareholder's Equity
Common Stock	$ 201	$ 201

Balance Sheets (Parenthetical)

Balance Sheets (Parenthetical) - $ / shares	Apr. 28, 2022	Mar. 31, 2022	Dec. 31, 2021
Preferred stock, par or stated value per share		$ 0.0001	$ 0.0001
Preferred stock, shares authorized		1,000,000	1,000,000
Preferred stock, shares issued	0	0	0
Preferred stock, shares outstanding		0	0
Common stock, par or stated value per share		$ 0.0001
Common stock, shares issued			2,012,500
Common stock, shares outstanding		2,012,500	2,012,500
Common Class A [Member]
Common stock, par or stated value per share		$ 0.0001	$ 0.0001
Common stock, shares authorized		200,000,000	200,000,000
Common stock, shares issued		0	0
Common stock, shares outstanding		0	0
Common Class B [Member]
Common stock, par or stated value per share		$ 0.0001	$ 0.0001
Common stock, shares authorized		20,000,000	20,000,000
Common stock, shares issued		2,012,500	2,012,500
Common stock, shares outstanding		2,012,500	2,012,500

Statements Of Operations

Statements Of Operations	3 Months Ended
	Mar. 31, 2022USD ($)$ / sharesshares
Formation and operating expenses	$ 463
Net Loss	$ (463)
Common Class B [Member]
Basic and diluted weighted average shares outstanding | shares	2,012,500
Basic and diluted net loss per share | $ / shares	$ (0.0002)

Statements Of Changes In Shareh

Statements Of Changes In Shareholder's Equity - 3 months ended Mar. 31, 2022 - USD ($)	Total	Preferred Stock [Member]	Common Stock [Member]Common Class A [Member]	Common Stock [Member]Common Class B [Member]	Retained Earnings [Member]	Additional Paid-in Capital [Member]
Beginning balance (in shares) at Dec. 31, 2021		0	0	2,012,500
Beginning balance at Dec. 31, 2021	$ 22,296	$ 0	$ 0	$ 201	$ (2,704)	$ 24,799
Net loss	(463)	$ 0	$ 0	$ 0	(463)	0
Ending balance (in shares) at Mar. 31, 2022		0	0	2,012,500
Ending balance at Mar. 31, 2022	$ 21,833	$ 0	$ 0	$ 201	$ (3,167)	$ 24,799

Statement Of Cash Flows

Statement Of Cash Flows	3 Months Ended
	Mar. 31, 2022USD ($)
Cash Flows from Operating Activities:
Net loss	$ (463)
Changes in operating assets and liabilities:
Formation and operating cost	463
Net cash used in operating activities	0
Net Change in Cash
Cash – December 31, 2021	0
Cash – March 31, 2021	0
Supplemental Disclosure of Cash Flow Information:
Deferred offering costs paid by promissory note – related party	$ 297,529

Organization, Business Operatio

Organization, Business Operation	3 Months Ended
	Mar. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization, Business Operation	Note 1 — Organization, Business Operation Aimfinity Investment Corp. I (the “Company”) is a newly organized blank check company incorporated as a Cayman Islands exempted company on . The Company was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar Business Combination with one or more businesses (the “Business Combination”). The Company has not selected any potential Business Combination target or initiated any substantive discussions, directly or indirectly, with any potential Business Combination prospects as of March 31, 2022. The Company has selected December 31 as its fiscal year end. The Company is an early stage emerging growth company and, as such, the Company is subject to all of the risks associated with early stage emerging growth companies. As of March 31, 2022, the Company had not commenced any operations. For the period from July 26, 2021 (inception) through March 31, 2022, the Company’s efforts have been limited to organizational activities as well as activities related to the IPO (as defined below). The Company will not generate any operating revenues until after the completion of a Business Combination, at the earliest. The Company will generate non-operating The registration statement for the Company’s Initial Public Offering (“IPO”) became effective on April 25, 2022. On April 28, 2022 the Company consummated the IPO of 8,050,000 units (including 1,050,000 units issued upon the full exercise of the over-allotment option, the “Public Units”). Each unit consists of one share of the Company’s Class A ordinary shares, $0.0001 par value per share (such shares included in the Public Units, the “Public Shares”) one Class 1 redeemable warrant (“the Class 1 Warrant”) and one-half Public Share at a price of $ 11.50 per share, and only whole warrants are exercisable. The Public 10.00 per Unit, generating gross proceeds of $ 80,500,000 on April 28, 2022. Simultaneously with the closing of the IPO, the Company completed the private placemen t 492,000 units, which included 42,000 units sold pursuant to the exercise by the underwriter of its over-allotment option (the “Private Placement Units”) at a purchase price of $ 10.00 per Private Placement Unit 4,920,000 . The Private Placement Units Public Units sold in the IPO, except that the holders have agreed not to transfer, assign or sell any of the Private Placement Shares (except to certain permitted transferees) until days after the completion of the Company’s initial Business Combination. Transaction costs amounted to $5,117,607, consisting of $4,427,500 of underwriting fees and $690,107 of other offering costs. As of April 28, 2022, cash of $1,495,650 were held outside of the Trust Account (as defined below) and is available for the payment of offering costs, for the repayment of related party promissory note, and for working capital purposes. Following the closing of the IPO and the issuance and the sale of Private Placement Units 82,110,000 10.20 of the net proceeds from the IPO, including proceeds from the sale of the Private Placement Units, was deposited in a trust account (the “Trust Account”) maintained by U.S. Bank, National Association as a trustee. The funds in the trust account will be invested only in U.S. government treasury obligations with a maturity of 185 days or less or in money market funds meeting certain conditions under Rule 2a-7 (the “Investment Company Act”) which invest only in direct U.S. government treasury obligations. Except with respect to interest earned on the funds held in the trust account that may be released to the Company to pay the franchise and income taxes, if any, the amended and restated memorandum and articles of association and subject to the requirements of law and regulation, will provide that the proceeds from the IPO Public Shares Public Shares % of the Company’s public shares if the Company does not complete the initial business combination within months from the closing of the IPO months from the closing of the IPO, if the Company extends the period of time to consummate a business combination, or as may be extended by the shareholder extension period as provided in the prospectus, as applicable) or (B) with respect to any other provision relating to the rights of holders of the Company’s Public Shares, and (c) the redemption of the Company’s public shares if the Company has not consummated the business combination within 15 months from the closing of the IPO (or up to 21 months from the closing of the IPO, if the Company extends the period of time to consummate a business combination, or as may be extended by the shareholder extension period as provided in the prospectus, as applicable), subject to applicable law. The 50 The ordinary shares subject to redemption will be recorded at a redemption value and classified as temporary equity upon the completion of the IPO 5,000,001 the IPO IPO e ten business days per-share 100,000 The founder shares are designated as Class B ordinary shares (the “Founder Shares”) and are identical to the Public, and holders of founder shares have the same shareholder rights as public shareholders, except that: (a) the founder Class B ordinary shares will automatically convert into the Company’s Public Shares Publi c Shares 100 the IP O the IPO if the Company extends the period of time to consummate a business combination, or as may be extended by the shareholder extension period as provided in the prospectus, as applicable) or (B) with respect to any other provision relating to the rights of holders of the Company’s Public Shares; and (iii) waive their rights to liquidating distributions from the trust account with respect to any founder shares they hold if the Company fail to consummate an initial business combination within months from the closing of the IPO (or up to months from the closing of the IPO, if the Company extends the period of time to consummate a business combination, or as may be extended by the shareholder extension period as provided in the prospectus, as applicable), although they will be entitled public shares they hold if the Company fails to complete the initial business combination within the prescribed time frame; and (f) the founder shares are entitled to registration rights. If the Company seek shareholder approval of the Company’s initial Business Combination, the Company will complete the initial Business Combination only if the Company obtains the approval of an ordinary resolution under Cayman Islands law, which requires the affirmative vote of a majority of the shareholders who attend and vote at a general meeting of the Company. In such case, the Company’s sponsor and each member of the management team have agreed to vote their founder shares and public shares in favor of the initial Business Combination. The Founder Shares will automatically convert into Class A ordinary shares at the time of the initial business combination at a ratio such that the number of Class A ordinary shares issuable upon conversion of all founder shares will equal, in the aggregate, on an as-converted basis, approximately % of the sum of (i) the total number of ordinary shares issued and outstanding upon completion of the IP O one-to-one. The Sponsor has agreed that it will be liable to the Company if and to the extent any claims by a third party (other than the Company’s registered public accounting firm) for services rendered or products sold to the Company, or a prospective target business with which the Company has discussed entering into a transaction agreement, reduce the amounts in the trust account to below the lesser of (i) $10.20 per public share and (ii) the actual amount per public share held in the trust account as of the date of the liquidation of the trust account if less than $10.20 per public share due to reductions in the value of the trust assets, in each case net of the interest that may be withdrawn to pay the Company’s tax obligations, provided that such liability will not apply to any claims by a third-party or prospective target business that executed a waiver of any and all rights to seek access to the trust account nor will it apply to any claims under the indemnity of the underwriters of the IPO against certain liabilities, including liabilities under the Securities Act of 1933, as amended (the “Securities Act”). Moreover, in the event that an executed waiver is deemed to be unenforceable against a third party, the sponsor will not be responsible to the extent of any liability for such third party claims.

Significant accounting policies

Significant accounting policies	3 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Significant accounting policies	Note 2 — Significant accounting policies Basis of Presentation The accompanying unaudited condensed financial statements are presented in conformity with accounting principles generally accepted in the United States of America (“GAAP”) and pursuant to the rules and regulations of the SEC. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Interim results are not necessarily indicative of results to be expected for any other interim period or for the full year. These unaudited financial statements included in this Quarterly Report should be read in conjunction with the audited financial statements and notes thereto for the period from July 26, 2021 (inception) through to December 31, 2021 included in the Registration Statement filed with the SEC on April 14, 2022. Emerging Growth Company Status The Company is an “emerging growth company,” as defined in Section 2(a) of the Securities Act, as modified by the Jumpstart The Company’s Business Startups Act of 2012, (the “JOBS Act”), and it may take advantage of certain exemptions from various reporting requirements that are applicable to other public companies that are not emerging growth companies including, but not limited to, not being required to comply with the auditor attestation requirements of Section 404 of the Sarbanes-Oxley Act, reduced disclosure obligations regarding executive compensation in its periodic reports and proxy statement, and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and shareholder approval of any golden parachute payments not previously approved. Further, Section 102(b)(1) of the JOBS Act exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that have not had a Securities Act registration statement declared effective or do not have a class of securities registered under the Securities Exchange Act of 1934, as amended (the “Exchange Act”)) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that a company can elect to opt out of the extended transition period and comply with the requirements that apply to non-emerging ny s Use of Estimates The preparation of unaudited condensed financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the unaudited condensed financial statements and the reported amounts of revenues and expenses during the reporting period. Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the financial statement, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. Accordingly, the actual results could differ significantly from those estimates. Cash and Cash Equivalents The Company considers all short-term investments with an original maturity of three months or less when purchased to be cash equivalents. The Company had no cash equivalents as of March 31, 2022 or December 31, 2021. Deferred Offering Costs The Company complies with the requirements of FASB ASC Topic 340-10-S99-1, 340-10-S99”) Net loss Per Ordinary Share Net loss per ordinary share is computed by dividing net loss by the weighted average number of Class B ordinary shares outstanding during the period, excluding ordinary share subject to forfeiture by the Sponsor. Weighted average shares were reduced for the effect of an aggregate of 262,500 Class B and 7 Concentration of Credit Risk Financial instruments that potentially subject the Company to concentration of credit risk consist of a cash account in a financial institution. The Company has not experienced losses on this account and management believes the Company is not exposed to significant risks on such account. Fair Value of Financial Instruments ASC Topic 820 “Fair Value Measurements and Disclosures” defines fair value, the methods used to measure fair value and the expanded disclosures about fair value measurements. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between the buyer and the seller at the measurement date. In determining fair value, the valuation techniques consistent with the market approach, income approach and cost approach shall be used to measure fair value. ASC Topic 820 establishes a fair value hierarchy for inputs, which represent the assumptions used by the buyer and seller in pricing the asset or liability. These inputs are further defined as observable and unobservable inputs. Observable inputs are those that buyer and seller would use in pricing the asset or liability based on market data obtained from sources independent of the Company. Unobservable inputs reflect the Company’s assumptions about the inputs that the buyer and seller would use in pricing the asset or liability developed based on the best information available in the circumstances. The fair value hierarchy is categorized into three levels based on the inputs as follows: • Level 1 - • Level 2 - • Level 3 - The fair value of the Company’s assets and liabilities, which qualify as financial instruments under ASC Topic 820, “Fair Value Measurements and Disclosures,” approximates the carrying amounts represented in the accompanying balance sheet, primarily due to their short-term nature. Income Taxes The Company accounts for income taxes under ASC 740 Income Taxes (“ASC 740”). ASC 740 requires the recognition of deferred tax assets and liabilities for both the expected impact of differences between the financial statement and tax basis of assets and liabilities and for the expected future tax benefit to be derived from tax loss and tax credit carry forwards. ASC 740 additionally requires a valuation allowance to be established when it is more likely than not that all or a portion of deferred tax assets will not be realized. ASC 740 also clarifies the accounting for uncertainty in income taxes recognized in an enterprise’s financial statement s more-likely-than-not The Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense. There were no unrecognized tax benefits and no amounts accrued for interest and penalties as of March 31, 2022. The Company is currently not aware of any issues under review that could result in significant payments, accruals or material deviation from its position. The Company determined that the Cayman Islands is the Company’s only major tax jurisdiction. The Company may be subject to potential examination by federal and state taxing authorities in the areas of income taxes. These potential examinations may include questioning the timing and amount of deductions, the nexus of income among various tax jurisdictions and compliance with federal and state tax laws. The Company’s management change There is currently no taxation imposed on income by the Government of the Cayman Islands for the period from July 26, 2021 (inception) through Recent Accounting Pronouncements Management does not believe that any recently issued, but not effective, accounting standards, if currently adopted, would have a material effect on the Company’s financial statements.

Initial Public Offering

Initial Public Offering	3 Months Ended
	Mar. 31, 2022
Equity [Abstract]
Initial Public Offering	Note 3 — Initial Public Offering Pursuant to the IPO on April 28, 2022, the Company sold Public Units a per Public Unit, generating gross proceeds of Each Public Unit consists of one Public Share and one Class 1 Warrant and one-half of one Class 2 Warrant. The Company will not issue fractional shares. As a result, the warrants must be exercised in multiples of one whole warrant. Each whole warrant entitles the holder thereof to purchase one share of the Company’s Public Share at a price of per share, and only whole warrants are exercisable. The warrants will become exercisable on the later of 30 days after the completion of the initial Business Combination or 12 months from the closing of the IPO, and will (except for Class 2 Warrants embedded in the Public Shares that are redeemed prior to the consummation of the initial Business Combination, which Class 2 Warrants will expire upon redemption of such shares) expire five years after the completion of the initial Business Combination or earlier upon redemption or liquidation. As a result, if the Public Shareholders redeem their Public Shares prior to the consummation of the initial Business Combination, the embedded Class 2 Warrants will expire. The Class 1 and Class 2 warrants will have similar terms, except that the Class 1 Warrants will separate and begin separate trading on the day following the effective date of the IPO (or, if such date is not a business day, the following business day), unless the representatives inform the Company of their decision to allow earlier separate trading, subject to the Company’s filing a Current Report on Form 8-K one-half one-half

Private Placement

Private Placement	3 Months Ended
	Mar. 31, 2022
Private Placement [Abstract]
Private Placement	Note 4 — Private Placement Simultaneously with the closing of the IPO, the Company completed the private placement of Private Placement Units to the Company’s sponsor, Aimfinity Investment LLC (the “Sponsor”), at a purchase price of per Private Placement Unit, generating gross proceeds to the Company of Each Private Placement Unit consists of one Class A ordinary share, one Class 1 Warrant and one-half The Sponsor will be permitted to transfer the Private Placement Units held by them to certain permitted transferees, including the Company’s officers and directors and other persons or entities affiliated with or related to it or them, but the transferees receiving such securities will be subject to the same agreements with respect to such securities as the founders. Otherwise, these private units will not, subject to certain limited exceptions, be transferable or saleable until days after the completion of the Company’s Business Combination. The warrants included in the Private Placement Units will not be transferable, assignable or saleable until days after the completion of the Company’s initial Business Combination (except as described herein). Otherwise, the warrants have terms and provisions that are identical to those of the warrants being sold as part of the Units in the IPO, including as to exercise price, exercisability and exercise period.

Related Party Transactions

Related Party Transactions	3 Months Ended
	Mar. 31, 2022
Related Party Transactions [Abstract]
Related Party Transactions	Note 5— Related Party Transactions Founder Shares On December 4, 2021 the Sponsor acquired 2,875,000 Fo S s Founder S Founder Shares issued and outstanding. The F S as-converted the IPO one-to-one . With certain limited exceptions, The Company’s sponsor and each member of the management team have agreed not to transfer, assign or sell any of their founder shares until the earliest of (A) one year after the completion of the initial business combination and (B) subsequent to the initial business combination, (x) if the closing price of the Company’s Class A ordinary shares equals or exceeds $12.00 per share (as adjusted for share subdivisions, share capitalizations, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading lock-up. Promissory Note — Related Party On December 4, 2021, the Sponsor has agreed to loan the Company up to $300,000 to and $222,729 respectively. This loan is non-interest Working Capital Loans In addition, in order to finance transaction costs in connection with an intended initial Business Combination, the Sponsor or an affiliate of the Sponsor or certain of the Company’s officers and directors may, but are not obligated to, loan the Company funds as may be required. Any such loans would be on an interest-free basis and would be repaid only from funds held outside the trust account or from funds released to the Company upon completion of the Company’s initial Business Combination. Up to $1,500,000 of such loans may be convertible into units at a price of $10.00 per unit, at the option of the lender. The units would be identical to the private placement units issued to the Sponsor. The Company does not expect to seek loans from parties other than the Sponsor or an affiliate of the Sponsor as the Company does not believe third parties will be willing to loan such funds and provide a waiver against any and all rights to seek access to funds in the Company’s trust account. As of March 31, 2022 or December 31, 2021, the Company had no borrowings under the working capital loans.

Commitments & Contingencies

Commitments & Contingencies	3 Months Ended
	Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments & Contingencies	Note 6 — Commitments & Contingencies Risks and Uncertainties Management is currently evaluating the impact of the COVID-19 Registration Rights The holders of the founder shares, private placement shares and private placement warrants, including any of those issued upon conversion of working capital loans (and any Class A ordinary shares issuable upon the exercise of the private placement warrants that may be issued upon conversion of working capital loans) will be entitled to registration rights pursuant to a registration and shareholder rights agreement to be signed prior to or on the effective date of th e IPO Underwriting Agreement The underwriters are entitled to underwriting discounts of (i) $0.20 per Public Unit, e, underwriting discount of $0.35 per Public Unit, or approximate the aggregate. The deferred fee will become payable to the underwriters from the amounts held in the Trust Account solely in the event that the Company completes a Business Combination, subject to the terms of the underwriting agreement.

Shareholder's Deficit

Shareholder's Deficit	3 Months Ended
	Mar. 31, 2022
Stockholders' Equity Note [Abstract]
Shareholder's Deficit	Note 7 — Shareholder’s Deficit Preference Shares Class A Ordinary Shares Class B Ordinary Shares Public two-thirds only holders of the Company’s founder shares will have the right to vote on the appointment of directors and (ii) in a vote to continue the Company in a jurisdiction outside the Cayman Islands (which requires the approval of at least two thirds of the votes of all ordinary shares voted at a general meeting), holders of the Company’s Class B ordinary shares will have ten votes for every Class B ordinary share and holders of the Company’s Class A ordinary shares will have one vote for every Class A ordinary share. These provisions of the Company’s amended and restated memorandum and articles of association may only be amended by a special resolution passed by not less than 90% of the Company’s ordinary shares who attend and vote at the Company’s general meeting which shall include the affirmative vote of a simple majority of the Company’s Class B ordinary shares. Holders of the Company’s P S Warrants the IPO Warrants embe d the Public S W As of March 31, 2021 or December 31, 2021, no warrants were outstanding. The Company will account for warrants as equity instruments in accordance with ASC 815, Derivatives and Hedging, based on the specifics terms of the warrant agreement. The Company has agreed that as soon as practicable, but in no event later than 20 business days, after the closing of the initial B C Redemption of warrants when the price per Class A ordinary share equals or exceeds $16.50. Once the warrants become exercisable, the Company may redeem the outstanding warrants: • in whole and not in part; • at a price of $0.01 per warrant; • upon a minimum of 30 days’ prior written notice of redemption to each warrant holder; and • if, and only if, the closing price of the Class A ordinary shares equals or exceeds $16.50 per share (as adjusted for adjustments to the number of shares issuable upon exercise or the exercise price of a warrant as described under the heading “-Warrants-Public Shareholders’ Warrants-Anti-dilution Adjustments”) for any 20 trading days within a 30-trading In addition, if (x) The Company issue additional Class A ordinary shares or equity-linked securities for capital raising purposes in connection with the closing of the initial business combination at an issue price or effective issue price of less than $9.20 per ordinary share (with such issue price or effective issue price to be determined in good faith by the board of directors and, in the case of any such issuance to the Company’s sponsor or its affiliates, without taking into account any founder shares held by the Company’s sponsor or such affiliates, as applicable, prior to such issuance) (the “Newly Issued Price”), (y) the aggregate gross proceeds from such issuances represent more than 60% of the total equity proceeds, and interest thereon, available for the funding of the initial business combination on the date of the consummation of the initial business combination (net of redemptions), and (z) the volume weighted average trading price of the Company’s Class A ordinary shares during the 20 trading day period starting on the trading day prior to the day on which the Company consummates the initial business combination (such price, the “Market Value”) is below $9.20 per share, the exercise price of the warrants will be adjusted (to the nearest cent) to be equal to 115% of the higher of the Market Value and the Newly Issued Price and the $16.50 per share redemption trigger price described above under “-Redemption of warrants when the price per Class A ordinary share equals or exceeds $16.50” will be adjusted (to the nearest cent) to be equal to 165% of the higher of the Market Value and the Newly Issued Price.

Subsequent Events

Subsequent Events	3 Months Ended
	Mar. 31, 2022
Subsequent Events [Abstract]
Subsequent Events	Note 8 — Subsequent Events On April 29, 2022, the Company repaid the full balance of $328,854 related party promissory note.

Significant accounting polici_2

Significant accounting policies (Policies)	3 Months Ended
	Mar. 31, 2022
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed financial statements are presented in conformity with accounting principles generally accepted in the United States of America (“GAAP”) and pursuant to the rules and regulations of the SEC. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Interim results are not necessarily indicative of results to be expected for any other interim period or for the full year. These unaudited financial statements included in this Quarterly Report should be read in conjunction with the audited financial statements and notes thereto for the period from July 26, 2021 (inception) through to December 31, 2021 included in the Registration Statement filed with the SEC on April 14, 2022.
Emerging Growth Company Status	Emerging Growth Company Status The Company is an “emerging growth company,” as defined in Section 2(a) of the Securities Act, as modified by the Jumpstart The Company’s Business Startups Act of 2012, (the “JOBS Act”), and it may take advantage of certain exemptions from various reporting requirements that are applicable to other public companies that are not emerging growth companies including, but not limited to, not being required to comply with the auditor attestation requirements of Section 404 of the Sarbanes-Oxley Act, reduced disclosure obligations regarding executive compensation in its periodic reports and proxy statement, and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and shareholder approval of any golden parachute payments not previously approved. Further, Section 102(b)(1) of the JOBS Act exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that have not had a Securities Act registration statement declared effective or do not have a class of securities registered under the Securities Exchange Act of 1934, as amended (the “Exchange Act”)) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that a company can elect to opt out of the extended transition period and comply with the requirements that apply to non-emerging ny s
Use of Estimates	Use of Estimates The preparation of unaudited condensed financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the unaudited condensed financial statements and the reported amounts of revenues and expenses during the reporting period. Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the financial statement, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. Accordingly, the actual results could differ significantly from those estimates.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all short-term investments with an original maturity of three months or less when purchased to be cash equivalents. The Company had no cash equivalents as of March 31, 2022 or December 31, 2021.
Deferred Offering Costs	Deferred Offering Costs The Company complies with the requirements of FASB ASC Topic 340-10-S99-1, 340-10-S99”)
Net loss Per Ordinary Share	Net loss Per Ordinary Share Net loss per ordinary share is computed by dividing net loss by the weighted average number of Class B ordinary shares outstanding during the period, excluding ordinary share subject to forfeiture by the Sponsor. Weighted average shares were reduced for the effect of an aggregate of 262,500 Class B and 7
Concentration of Credit Risk	Concentration of Credit Risk Financial instruments that potentially subject the Company to concentration of credit risk consist of a cash account in a financial institution. The Company has not experienced losses on this account and management believes the Company is not exposed to significant risks on such account.
Fair Value of Financial Instruments	Fair Value of Financial Instruments ASC Topic 820 “Fair Value Measurements and Disclosures” defines fair value, the methods used to measure fair value and the expanded disclosures about fair value measurements. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between the buyer and the seller at the measurement date. In determining fair value, the valuation techniques consistent with the market approach, income approach and cost approach shall be used to measure fair value. ASC Topic 820 establishes a fair value hierarchy for inputs, which represent the assumptions used by the buyer and seller in pricing the asset or liability. These inputs are further defined as observable and unobservable inputs. Observable inputs are those that buyer and seller would use in pricing the asset or liability based on market data obtained from sources independent of the Company. Unobservable inputs reflect the Company’s assumptions about the inputs that the buyer and seller would use in pricing the asset or liability developed based on the best information available in the circumstances. The fair value hierarchy is categorized into three levels based on the inputs as follows: • Level 1 - • Level 2 - • Level 3 - The fair value of the Company’s assets and liabilities, which qualify as financial instruments under ASC Topic 820, “Fair Value Measurements and Disclosures,” approximates the carrying amounts represented in the accompanying balance sheet, primarily due to their short-term nature.
Income Taxes	Income Taxes The Company accounts for income taxes under ASC 740 Income Taxes (“ASC 740”). ASC 740 requires the recognition of deferred tax assets and liabilities for both the expected impact of differences between the financial statement and tax basis of assets and liabilities and for the expected future tax benefit to be derived from tax loss and tax credit carry forwards. ASC 740 additionally requires a valuation allowance to be established when it is more likely than not that all or a portion of deferred tax assets will not be realized. ASC 740 also clarifies the accounting for uncertainty in income taxes recognized in an enterprise’s financial statement s more-likely-than-not The Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense. There were no unrecognized tax benefits and no amounts accrued for interest and penalties as of March 31, 2022. The Company is currently not aware of any issues under review that could result in significant payments, accruals or material deviation from its position. The Company determined that the Cayman Islands is the Company’s only major tax jurisdiction. The Company may be subject to potential examination by federal and state taxing authorities in the areas of income taxes. These potential examinations may include questioning the timing and amount of deductions, the nexus of income among various tax jurisdictions and compliance with federal and state tax laws. The Company’s management change There is currently no taxation imposed on income by the Government of the Cayman Islands for the period from July 26, 2021 (inception) through
Recent Accounting Pronouncements	Recent Accounting Pronouncements Management does not believe that any recently issued, but not effective, accounting standards, if currently adopted, would have a material effect on the Company’s financial statements.

Organization, Business Operat_2

Organization, Business Operation - Additional Information (Detail) - USD ($)	Apr. 28, 2022	Mar. 31, 2022	Dec. 04, 2021	Mar. 31, 2022	Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Entity incorporation, Date of incorporation				Jul. 26, 2021
Class of warrant or right, Number of securities called by each warrant or right	1
Class of warrant or right, Exercise price of warrants or rights	$ 11.5
Stock issued during period, Shares, Issued for services			2,875,000
Term of restricted investments				185 days
Minimum net worth required for compliance		$ 5,000,001		$ 5,000,001
Number of days within which the public shares shall be redeemed				10 days
Expenses payable on dissolution		$ 100,000		$ 100,000
Temporary equity, Liquidation preference per share		$ 10.2		$ 10.2
Period Within Which Business Combination Shall Be Consummated From The Completion Of Initial Public Offer		100 days
Common Stock Shares Number Of Voting Rights Per Share		10		10
Percentage Of Shares Outstanding On Conversion From One Class To Another		20.00%		20.00%
Common Stock Shares Number Of Shares Of The Current Class For Each Share Of The Former Class		1		1
Per share amount to be maintained in the trust account.		$ 10.2		$ 10.2
Common Stock, Par or Stated Value Per Share		$ 0.0001		$ 0.0001
Transaction costs				$ 5,117,607
Underwriting fees				4,427,500
Other offering cost				$ 690,107
Cash	$ 1,495,650
Subsequent Event [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Payments to acquire restricted investments	$ 82,110,000
Per share value of restricted investments	$ 10.2
Minimum [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Period within which business combination shall be consummated from the consummation of initial public offer				15 months
Equity method investment, Ownership percentage		50.00%		50.00%
Percentage Of Fair Value of Assets As A Percentage Of Total Assets In The Trust Account For Which Business Combination Shall Be Consummated		80.00%		80.00%
Maximum [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Period within which business combination shall be consummated from the consummation of initial public offer				21 months
Common Class A [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Common Stock, Par or Stated Value Per Share		$ 0.0001		$ 0.0001	$ 0.0001
Common Class A [Member] | Subsequent Event [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Proceeds from issuance initial public offering	$ 80,500,000
Proceeds from issuance of private placement	$ 4,920,000
Common Class A [Member] | Private Placement Shares [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Lock in period				30 days
IPO [Member] | Subsequent Event [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Shares issued, Price per share	$ 11.5
IPO [Member] | Common Class A [Member] | Subsequent Event [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Stock issued during period, Shares	8,050,000
Class of warrant or right, Number of securities called by each warrant or right	1
Class of warrant or right, Exercise price of warrants or rights	$ 11.5
Shares issued, Price per share	$ 10
Proceeds from issuance initial public offering	$ 80,500,000
Common Stock, Par or Stated Value Per Share	$ 0.0001
Over-Allotment Option [Member] | Common Class A [Member] | Subsequent Event [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Stock issued during period, Shares	1,050,000
Stock issued during period, Shares, Issued for services	42,000
Private Placement [Member] | Common Class A [Member] | Subsequent Event [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Stock issued during period, Shares, Issued for services	492,000
Private Placement [Member] | Common Class A [Member] | Private Placement Shares [Member] | Subsequent Event [Member]
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Shares issued, Price per share	$ 10

Significant accounting polici_3

Significant accounting policies - Additional Information (Detail) - USD ($)	Dec. 31, 2021	Mar. 31, 2022	Dec. 31, 2021
Cash equivalents	$ 0	$ 0	$ 0
Unrecognized tax benefits		0
Unrecognized tax benefits, Income tax penalties and interest accrued		0
Income tax expense benefit		$ 0	$ 0
Weighted Average Number of Shares Outstanding, Diluted	0	0
Common Class B [Member] | Over-Allotment Option [Member]
Weighted average number of shares subject to forfeiture		262,500

Initial Public Offering - Addit

Initial Public Offering - Additional Information (Detail)	Apr. 28, 2022USD ($)$ / sharesshares
Initial Public Offering [Line Items]
Class of Warrant or Right, Number of Securities Called by Each Warrant or Right	1
Warrants and rights outstanding, term	5 years
From The Completion Of Business Combination [Member] | Subsequent Event [Member]
Initial Public Offering [Line Items]
Period After Which The Warrants Are Exercisable	30 days
From The Completion Of Initial Public Offer [Member] | Subsequent Event [Member]
Initial Public Offering [Line Items]
Period After Which The Warrants Are Exercisable	12 months
Common Class A [Member] | Subsequent Event [Member]
Initial Public Offering [Line Items]
Proceeds from issuance initial public offering | $	$ 80,500,000
Class One And Class Two Public Warrants [Member] | Subsequent Event [Member]
Initial Public Offering [Line Items]
Number of days after IPO being effective separate trading of securities commences	52 days
Public Warrants [Member] | Subsequent Event [Member]
Initial Public Offering [Line Items]
Warrants and rights outstanding, term	5 years
Public Warrants [Member] | From The Completion Of Business Combination [Member] | Subsequent Event [Member]
Initial Public Offering [Line Items]
Period After Which The Warrants Are Exercisable	30 days
Public Warrants [Member] | From The Completion Of Initial Public Offer [Member] | Subsequent Event [Member]
Initial Public Offering [Line Items]
Period After Which The Warrants Are Exercisable	12 months
IPO [Member] | Subsequent Event [Member]
Initial Public Offering [Line Items]
Shares issued, price per share | $ / shares	$ 11.5
IPO [Member] | Common Class A [Member] | Subsequent Event [Member]
Initial Public Offering [Line Items]
Stock issued during period, shares, new issues	8,050,000
Shares issued, price per share | $ / shares	$ 10
Proceeds from issuance initial public offering | $	$ 80,500,000
Class of Warrant or Right, Number of Securities Called by Each Warrant or Right	1

Private Placement - Additional

Private Placement - Additional Information (Detail) - USD ($)	Apr. 28, 2022	Mar. 31, 2022
PrivatePlacement [Line Items]
Common stock, Conversion basis		less than one-to-one
Common Class A [Member] | Subsequent Event [Member]
PrivatePlacement [Line Items]
Proceeds from issuance of private placement	$ 4,920,000
Private Placement [Member] | Private Placement Shares [Member] | Subsequent Event [Member]
PrivatePlacement [Line Items]
Sale of stock, price per share	$ 10
Proceeds from issuance of private placement	$ 4,920,000
Private Placement [Member] | Private Placement Shares [Member] | Subsequent Event [Member] | Sponsor [Member]
PrivatePlacement [Line Items]
Sale of stock, number of shares issued in transaction	492,000
Private Placement [Member] | Private Placement Warrants [Member]
PrivatePlacement [Line Items]
Class of warrants or rights lock in period		30 days
Lock Up Period Of Private Units After The Completion Of Business Combination		30 days
Private Placement [Member] | Common Class A [Member] | Class One And Class Two Public Warrant [Member] | Subsequent Event [Member]
PrivatePlacement [Line Items]
Common stock, Conversion basis	Each Private Placement Unit consists of one Class A ordinary share, one Class 1 Warrant and one-half of one Class 2 Warrant.

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail) - USD ($)	Mar. 31, 2022	Mar. 18, 2022	Dec. 04, 2021	Mar. 31, 2022	Dec. 31, 2021
Related Party Transaction [Line Items]
Shares Issued, Shares, Share-based Payment Arrangement, Forfeited		862,500
Shares Issued, Value, Share-based Payment Arrangement, Forfeited		$ 0
Common stock, shares issued					2,012,500
Common stock, shares outstanding	2,012,500			2,012,500	2,012,500
Common stock threshold percentage on conversion of shares	20.00%			20.00%
Common stock, Conversion basis				less than one-to-one
Share price	$ 16.5			$ 16.5
Number of trading days for determining the share price	20 days
Number of consecutive trading days for determining the share price	30 days
Stock issued during period, Shares, Issued for services			2,875,000
Promissory Note – related party	$ 297,529			$ 297,529	$ 222,729
Sponsor [Member] | Promissory Note [Member]
Related Party Transaction [Line Items]
Promissory Note – related party	297,529			297,529	222,729
Sponsor [Member] | Working Capital Loans [Member]
Related Party Transaction [Line Items]
Debt Instrument, Face Amount	1,500,000			1,500,000
Due to Related Parties, Current	10			10
Due to Related Parties	$ 0			$ 0	$ 0
Sponsor [Member] | IPO [Member] | Promissory Note [Member]
Related Party Transaction [Line Items]
Debt Instrument, Face Amount			$ 300,000
Common Class B [Member]
Related Party Transaction [Line Items]
Common stock, shares issued	2,012,500			2,012,500	2,012,500
Common stock, shares outstanding	2,012,500			2,012,500	2,012,500
Lock up Period To Transfer Assign Or Sell Of Shares After The Completion Of Initial Business Combination				1 year
Common Class B [Member] | Sponsor [Member]
Related Party Transaction [Line Items]
Shares issued, price per share			$ 0.009
Shares Issued, Shares, Share-based Payment Arrangement, Forfeited		862,500
Shares Issued, Value, Share-based Payment Arrangement, Forfeited		$ 0
Shares Forfeited, Price Per Share		$ 0.012
Common stock, shares outstanding		2,012,500
Stock issued during period, Shares, Issued for services			2,875,000
Stock Issued During Period, Value, Issued for Services			$ 25,000
Common Class A [Member]
Related Party Transaction [Line Items]
Common stock, shares issued	0			0	0
Common stock, shares outstanding	0			0	0
Common Class A [Member] | Sponsor [Member]
Related Party Transaction [Line Items]
Number Of Days After Which Share trading Days Are Considered				150 days
Common Class A [Member] | Sponsor [Member] | Share Price Equal Or Exceeds Twelve Rupees Per Dollar [Member]
Related Party Transaction [Line Items]
Share price	$ 12			$ 12
Number of trading days for determining the share price				20 days
Number of consecutive trading days for determining the share price				30 days

Commitments & Contingencies - A

Commitments & Contingencies - Additional Information (Details)	Mar. 31, 2022USD ($)$ / shares	Mar. 31, 2022USD ($)$ / shares
Underwriting Agreement
Commitments And Contingencies [Line Items]
Payment of underwriting discount | $		$ 1,610,000
Deferred underwriting discount per unit | $ / shares	$ 0.35	$ 0.35
Deferred Compensation Liability, Current and Noncurrent | $	$ 2,817,500	$ 2,817,500
Private Placement | Common Class A
Commitments And Contingencies [Line Items]
Class of warrants or rights lock in period	30 days
IPO | Underwriting Agreement
Commitments And Contingencies [Line Items]
Underwriting discount per unit | $ / shares	$ 0.2	$ 0.2

Shareholder's Deficit - Additio

Shareholder's Deficit - Additional Information (Details) - USD ($)	Apr. 28, 2022	Mar. 31, 2022	Mar. 18, 2022	Dec. 04, 2021	Dec. 31, 2021	Mar. 31, 2021
Class of Stock [Line Items]
Preferred Stock, Shares Authorized		1,000,000			1,000,000
Preferred Stock, Par or Stated Value Per Share		$ 0.0001			$ 0.0001
Preferred Stock, Shares Issued	0	0			0
Common Stock, Par or Stated Value Per Share		$ 0.0001
Common Stock, Shares, Issued					2,012,500
Stock Issued During Period, Shares, Issued for Services				2,875,000
Shares Issued, Shares, Share-based Payment Arrangement, Forfeited			862,500
Shares Issued, Value, Share-based Payment Arrangement, Forfeited			$ 0
Temporary Equity, Shares Outstanding			2,012,500
Percentage of common stock issued and outstanding			20.00%
Common Stock, Shares, Outstanding		2,012,500			2,012,500
Class of Warrant or Right, Number of Securities Called by Each Warrant or Right	1
Class of Warrant or Right, Exercise Price of Warrants or Rights	$ 11.5
Percentage of shareholders consent required for passing special resolution	90.00%
Class of warrants and rights issued during the period	No fractional warrants will be issued upon separation of the units and only whole warrants will trade.
Warrants and rights outstanding, term	5 years
Class of Warrant or Right, Outstanding					0	0
Number of days after consummation of business combination within which the securities shall be registered		20 days
Number of days after which business combination within which securities registration shall be effective.		60 days
Number of consecutive trading days for determining volume weighted average price of shares.		10 days
Share Price		$ 16.5
Class of warrants or rights redemption price per warrant		$ 0.01
Minimum notice period to be given prior to redemption		30 days
Number of trading days for determining the share price		20 days
Number of consecutive trading days for determining the share price		30 days
Proceeds from equity used for funding business combination as a percentage of the total		60.00%
Share redemption trigger price		$ 16.5
Preferred Stock, Shares Outstanding		0			0
Adjusted Exercise Price Two [Member]
Class of Stock [Line Items]
Adjusted exercise price of warrants as a percentage of newly issued price		115.00%
Adjusted Exercise Price One [Member]
Class of Stock [Line Items]
Adjusted exercise price of warrants as a percentage of newly issued price		165.00%
Maximum [Member]
Class of Stock [Line Items]
Percentage of votes for appointment of directors		50.00%
Minimum [Member]
Class of Stock [Line Items]
Share Price		$ 9.2
Volume weighted average price of shares		$ 9.2
Subsequent Event [Member]
Class of Stock [Line Items]
Preferred Stock, Shares Outstanding	0
Public Warrants [Member] | Subsequent Event [Member]
Class of Stock [Line Items]
Warrants and rights outstanding, term	5 years
From The Completion Of Initial Public Offer [Member] | Subsequent Event [Member]
Class of Stock [Line Items]
Period After Which The Warrants Are Exercisable	12 months
From The Completion Of Initial Public Offer [Member] | Public Warrants [Member] | Subsequent Event [Member]
Class of Stock [Line Items]
Period After Which The Warrants Are Exercisable	12 months
From The Completion Of Business Combination [Member] | Subsequent Event [Member]
Class of Stock [Line Items]
Period After Which The Warrants Are Exercisable	30 days
From The Completion Of Business Combination [Member] | Public Warrants [Member] | Subsequent Event [Member]
Class of Stock [Line Items]
Period After Which The Warrants Are Exercisable	30 days
Common Class A [Member]
Class of Stock [Line Items]
Common Stock, Shares Authorized		200,000,000			200,000,000
Common Stock, Par or Stated Value Per Share		$ 0.0001			$ 0.0001
Common Stock, Shares, Issued		0			0
Common Stock, Shares, Outstanding		0			0
Common Class A [Member] | Public Warrants [Member] | Share Price Equal Or Exceeds Nine Point Two Rupees Per Dollar [Member]
Class of Stock [Line Items]
Number of consecutive trading days for determining volume weighted average price of shares.		20 days
Common Class B [Member]
Class of Stock [Line Items]
Common Stock, Shares Authorized		20,000,000			20,000,000
Common Stock, Par or Stated Value Per Share		$ 0.0001			$ 0.0001
Common Stock, Shares, Issued		2,012,500			2,012,500
Common Stock, Shares, Outstanding		2,012,500			2,012,500

Subsequent Events - Additional

Subsequent Events - Additional Information (Detail)	Apr. 29, 2022USD ($)
Promissory Note [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Repayments of Related Party Debt	$ 328,854