Altimeter Growth Corp. 2 (AGCB) 10-Q12 Aug 222022 Q2 Quarterly reportFinancial data

Company Profile

Cover Page

Cover Page - shares	6 Months Ended
Cover Page - shares	Jun. 30, 2022	Aug. 12, 2022
Entity Listings [Line Items]
Entity Registrant Name	ALTIMETER GROWTH CORP. 2
Entity Central Index Key	0001830232
Current Fiscal Year End Date	--12-31
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2022
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2
Entity Address, State or Province	CA
Document Quarterly Report	true
Document Transition Report	false
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
Entity File Number	001-39849
Entity Incorporation, State or Country Code	E9
Entity Tax Identification Number	98-1563924
Entity Address, Address Line One	2550 Sand Hill Road
Entity Address, Address Line Two	Suite 150
Entity Address, City or Town	Menlo Park
Entity Address, Postal Zip Code	94025
City Area Code	650
Local Phone Number	549-9145
Title of 12(b) Security	Class A ordinary shares
Trading Symbol	AGCB
Security Exchange Name	NYSE
Class A Ordinary Shares [Member]
Entity Listings [Line Items]
Entity Common Stock, Shares Outstanding		46,100,000
Class B Ordinary Shares [Member]
Entity Listings [Line Items]
Entity Common Stock, Shares Outstanding		11,250,000

CONDENSED BALANCE SHEETS

CONDENSED BALANCE SHEETS - USD ($)	Jun. 30, 2022	Dec. 31, 2021
Current Assets
Cash	$ 8,334	$ 398,681
Prepaid Expenses	196,413	405,223
Total Current Assets	204,747	803,904
FPA Asset	28,024	394,350
Marketable securities held in Trust Account	450,704,039	450,028,147
TOTAL ASSETS	450,936,810	451,226,401
Current Liabilities:
Accrued expenses and accounts payable	868,792	814,452
Accounts payable – related party	46,219	46,219
Promissory note – related party	63,000
Total Current Liabilities	978,011	860,671
Deferred underwriting fee payable	15,750,000	15,750,000
Total Liabilities	16,728,011	16,610,671
Commitments and Contingencies (Note 6)
Class A ordinary shares subject to possible redemption $0.0001 par value, 45,000,000 shares outstanding as of June 30, 2022 and December 31, 2021, respectively, at a redemption value of $10.00 and $10.02 per share, respectively	450,704,039	450,000,000
Shareholders' Deficit
Preference Shares, $0.0001 par value; 1,000,000 shares authorized, no shares issued or outstanding	0	0
Additional paid-in capital	0	0
Accumulated deficit	(16,496,475)	(15,385,505)
Total Shareholders' Deficit	(16,495,240)	(15,384,270)
TOTAL LIABILITIES, CLASS A ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION AND SHAREHOLDERS' DEFICIT	450,936,810	451,226,401
Class A Ordinary Shares [Member]
Current Liabilities:
Class A ordinary shares subject to possible redemption $0.0001 par value, 45,000,000 shares outstanding as of June 30, 2022 and December 31, 2021, respectively, at a redemption value of $10.00 and $10.02 per share, respectively	450,704,039	450,000,000
Shareholders' Deficit
Ordinary shares	110	110
Class B Ordinary Shares [Member]
Shareholders' Deficit
Ordinary shares	$ 1,125	$ 1,125

CONDENSED BALANCE SHEETS (Pare

CONDENSED BALANCE SHEETS (Parenthetical) - $ / shares	Jun. 30, 2022	Dec. 31, 2021
Stockholders' Equity Attributable to Parent [Abstract]
Preference shares, par value (in dollars per share)	$ 0.0001	$ 0.0001
Preference shares, shares authorized (in shares)	1,000,000	1,000,000
Preferred stock, shares issued (in shares)	0	0
Preference shares, shares outstanding (in shares)	0	0
Class A Ordinary Shares [Member]
Stockholders' Equity Attributable to Parent [Abstract]
Temporary Equity, Par or Stated Value Per Share	$ 0.0001	$ 0.0001
Temporary equity, shares outstanding	45,000,000	45,000,000
Temporary equity, redemption price per share	$ 10	$ 10.02
Ordinary shares, par value (in dollars per share)	$ 0.0001	$ 0.0001
Ordinary shares, shares authorized (in shares)	200,000,000	200,000,000
Ordinary shares, shares issued (in shares)	1,100,000	1,100,000
Ordinary shares, shares outstanding (in shares)	1,100,000	1,100,000
Class B Ordinary Shares [Member]
Stockholders' Equity Attributable to Parent [Abstract]
Ordinary shares, par value (in dollars per share)	$ 0.0001	$ 0.0001
Ordinary shares, shares authorized (in shares)	20,000,000	20,000,000
Ordinary shares, shares issued (in shares)	11,250,000	11,250,000
Ordinary shares, shares outstanding (in shares)	11,250,000	11,250,000

CONDENSED STATEMENTS OF OPERATI

CONDENSED STATEMENTS OF OPERATIONS - USD ($)	3 Months Ended		6 Months Ended
CONDENSED STATEMENTS OF OPERATIONS - USD ($)	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Formation and operating costs	$ 207,300	$ 244,182	$ 716,497	$ 500,478
Loss from operations	(207,300)	(244,182)	(716,497)	(500,478)
Other Income:
Interest earned on marketable securities held in Trust Account	639,164	6,839	675,892	12,701
Change in fair value of FPA asset	(105,805)	507,612	(366,326)	(1,156,478)
Net Income (Loss)	$ 326,059	$ 270,269	$ (406,931)	$ (1,644,255)
Class A ordinary shares [Member]
Other Income:
Weighted average shares outstanding, basic	46,100,000	46,100,000	46,100,000	43,298,343
Basic net income (loss) per share	$ 0.01	$ 0	$ (0.01)	$ (0.03)
Weighted average shares outstanding, diluted	46,100,000	46,100,000		43,298,343
Diluted net income (loss) per share	$ 0.01	$ 0	$ (0.01)	$ (0.03)
Class B ordinary shares [Member]
Other Income:
Weighted average shares outstanding, basic	11,250,000	11,250,000	11,250,000	11,174,033
Basic net income (loss) per share	$ 0.01	$ 0	$ (0.01)	$ (0.03)
Weighted average shares outstanding, diluted	11,250,000	11,250,000	11,250,000	11,174,033
Diluted net income (loss) per share	$ 0.01	$ 0	$ (0.01)	$ (0.03)

CONDENSED STATEMENTS OF CHANGES

CONDENSED STATEMENTS OF CHANGES IN SHAREHOLDERS' DEFICIT - USD ($)	Total	Class A Ordinary Shares [Member]	Class B Ordinary Shares [Member]	Common Stock [Member] Class A Ordinary Shares [Member]	Common Stock [Member] Class B Ordinary Shares [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]
Beginning balance at Dec. 31, 2020	$ 20,000				$ 1,125	$ 23,875	$ (5,000)
Beginning balance (in shares) at Dec. 31, 2020					11,250,000
Sale of1,100,000 Private Placement Units	11,000,000			$ 110		10,999,890
Sale of1,100,000 Private Placement Units (Shares)				1,100,000
Accretion to Class A ordinary shares subject to redemption	(25,304,775)					(11,023,765)	(14,281,010)
Net loss	(1,914,524)						(1,914,524)
Ending balance at Mar. 31, 2021	(16,199,299)			$ 110	$ 1,125		(16,200,534)
Ending balance (in shares) at Mar. 31, 2021				1,100,000	11,250,000
Beginning balance at Dec. 31, 2020	20,000				$ 1,125	23,875	(5,000)
Beginning balance (in shares) at Dec. 31, 2020					11,250,000
Net loss	(1,644,255)	$ (1,306,966)	$ (337,289)
Ending balance at Jun. 30, 2021	(15,929,030)			$ 110	$ 1,125		(15,930,265)
Ending balance (in shares) at Jun. 30, 2021				1,100,000	11,250,000
Beginning balance at Dec. 31, 2020	20,000				$ 1,125	23,875	(5,000)
Beginning balance (in shares) at Dec. 31, 2020					11,250,000
Accretion to Class A ordinary shares subject to redemption		(25,304,776)
Ending balance at Dec. 31, 2021	(15,384,270)			$ 110	$ 1,125	0	(15,385,505)
Ending balance (in shares) at Dec. 31, 2021				1,100,000	11,250,000
Beginning balance at Mar. 31, 2021	(16,199,299)			$ 110	$ 1,125		(16,200,534)
Beginning balance (in shares) at Mar. 31, 2021				1,100,000	11,250,000
Net loss	270,269	217,252	53,017				270,269
Ending balance at Jun. 30, 2021	(15,929,030)			$ 110	$ 1,125		(15,930,265)
Ending balance (in shares) at Jun. 30, 2021				1,100,000	11,250,000
Beginning balance at Dec. 31, 2021	(15,384,270)			$ 110	$ 1,125	0	(15,385,505)
Beginning balance (in shares) at Dec. 31, 2021				1,100,000	11,250,000
Net loss	(732,990)						(732,990)
Ending balance at Mar. 31, 2022	(16,117,260)			$ 110	$ 1,125	0	(16,118,495)
Ending balance (in shares) at Mar. 31, 2022				1,100,000	11,250,000
Beginning balance at Dec. 31, 2021	(15,384,270)			$ 110	$ 1,125	0	(15,385,505)
Beginning balance (in shares) at Dec. 31, 2021				1,100,000	11,250,000
Net loss	(406,931)	(327,106)	(79,825)
Ending balance at Jun. 30, 2022	(16,495,240)			$ 110	$ 1,125	0	(16,496,475)
Ending balance (in shares) at Jun. 30, 2022				1,100,000	11,250,000
Beginning balance at Mar. 31, 2022	(16,117,260)			$ 110	$ 1,125	0	(16,118,495)
Beginning balance (in shares) at Mar. 31, 2022				1,100,000	11,250,000
Accretion to Class A ordinary shares subject to redemption	(704,039)	(704,039)					(704,039)
Net loss	326,059	$ 262,098	$ 63,961				326,059
Ending balance at Jun. 30, 2022	$ (16,495,240)			$ 110	$ 1,125	$ 0	$ (16,496,475)
Ending balance (in shares) at Jun. 30, 2022				1,100,000	11,250,000

CONDENSED STATEMENTS OF CHANG_2

CONDENSED STATEMENTS OF CHANGES IN SHAREHOLDERS' DEFICIT (Parenthetical)	3 Months Ended
	Mar. 31, 2021 shares
Private Placement Warrants [Member]
Stockholders' Equity
Shares issued (in shares)	1,100,000

CONDENSED STATEMENTS OF CASH FL

CONDENSED STATEMENTS OF CASH FLOWS - USD ($)	3 Months Ended				6 Months Ended		12 Months Ended
CONDENSED STATEMENTS OF CASH FLOWS - USD ($)	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Cash flow from Operating Activities:
Net loss	$ 326,059	$ (732,990)	$ 270,269	$ (1,914,524)	$ (406,931)	$ (1,644,255)
Adjustments to reconcile net loss to net cash used in operating activities:
Interest earned on marketable securities held in Trust Account	(639,164)		(6,839)		(675,892)	(12,701)
Changes in fair value of FPA	105,805		(507,612)		366,326	1,156,478
Changes in operating assets and liabilities:
Prepaid expenses					208,810	(577,083)
Accrued Expenses					54,340	166,201
Net cash used in operating activities					(453,347)	(911,360)
Cash Flow from Investing Activities:
Investment of cash in Trust Account					0	(450,000,000)
Net cash used in investing activities						(450,000,000)
Cash flows from Financing Activities:
Proceeds from sale of Units, net of underwriting discounts paid					0	441,000,000
Proceeds from sale of private placement units					0	11,000,000
Proceeds from promissory note – related party					63,000
Repayment of Promissory Note – Related Party					0	(144,545)
Payment of offering costs					0	(390,230)
Net cash provided by financing activities					63,000	451,465,225
Net change in cash					(390,347)	553,865
Cash – Beginning of period		$ 398,681		$ 0	398,681	0	$ 0
Cash – End of period	8,334		$ 553,865		8,334	553,865	398,681
Non-Cash investing and financing activities
Offering costs paid through promissory note					0	$ 24,955
Deferred underwriting fee payable	$ 15,750,000				$ 15,750,000		$ 15,750,000

ORGANIZATION AND PLAN OF BUSINE

ORGANIZATION AND PLAN OF BUSINESS OPERATIONS	6 Months Ended
ORGANIZATION AND PLAN OF BUSINESS OPERATIONS	Jun. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION AND PLAN OF BUSINESS OPERATIONS	NOTE 1 — ORGANIZATION AND PLAN OF BUSINESS OPERATIONS Altimeter Growth Corp. 2 (the “Company”) is a blank check company incorporated as a Cayman Islands exempted company on October 14, 2020. The Company was incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities (a “Business Combination”). The Company is not limited to a particular industry or sector for purposes of consummating a Business Combination. The Company is an early stage and emerging growth company and, as such, the Company is subject to all of the risks associated with early stage and emerging growth companies. As of June 30, 2022, the Company had not commenced any operations. All activity for the period from October 14, 2020 (inception) through June 30, 2022 relates to the Company’s formation, the initial public offering (“Initial Public Offering”), which is described below, and subsequent to the Initial Public Offering, identifying a target company for a Business Combination. 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 was declared effective on January 6, 2021. On January 11, 2021, the Company consummated the Initial Public Offering of 45,000,000 Class A ordinary shares (the “Public Shares”) at $10.00 per Public Share, which includes the full exercise by the underwriter of its over-allotment option in the amount of 5,000,000 Public Shares at $10.00 per Public Share, generating gross proceeds of $450,000,000 which is described in Note 3. Simultaneously with the closing of the Initial Public Offering, the Company consummated the sale of 1,100,000 shares (the “Private Placement Shares”) at a price of $10.00 per Private Placement Share in a private placement to Altimeter Growth Holdings 2 (the “Sponsor”), generating gross proceeds of $11,000,000, which is described in Note 4. Transaction costs amounted to $25,304,775, consisting of $9,000,000 of underwriting fees, $15,750,000 of deferred underwriting fees and $554,775 of other offering costs. Following the closing of the Initial Public Offering on January 11, 2021, an amount of $450,000,000 ($10.00 per Public Share) from the net proceeds of the sale of the Public Shares in the Initial Public Offering and the sale of the Private Placement Shares was placed in a trust account (the “Trust Account”), and is 2a-7 The Company’s management has broad discretion with respect to the specific application of the net proceeds of the Initial Public Offering and the sale of the Private Placement Shares, although substantially all of the net proceeds are intended to be applied generally toward consummating a Business Combination. The stock exchange listing rules require that the Business Combination must be with one or more operating businesses or assets with a fair market value equal to at least 80% of the assets held in the Trust Account (excluding the amount of any deferred underwriting discount held in the Trust Account and taxes payable on the income earned on the Trust Account). The Company will only complete a Business Combination if the post- The Company will provide the holders of the public shares (the “Public Shareholders”) with the opportunity to redeem all or a portion of their public shares upon the completion of the Business Combination, either (i) in connection with a general meeting called to approve the Business Combination or (ii) by means of a tender offer. The decision as to whether the Company will seek shareholder approval of a Business Combination or conduct a tender offer will be made by the Company, solely in its discretion. The Public Shareholders will be entitled to redeem their Public Shares, equal to the aggregate amount then on deposit in the Trust Account, calculated as of two business days prior to the consummation of the Business Combination (initially anticipated to be $10.00 per Public Share), including interest (which interest shall be net of taxes payable), divided by the number of then issued and outstanding Public Shares, subject to certain limitations as described in the prospectus. The per-share The Company will proceed with a Business Combination only if the Company has net tangible assets of at least $5,000,001 and, if the Company seeks shareholder approval, it receives an ordinary resolution under Cayman Islands law approving a Business Combination, which requires the affirmative vote of a majority of the shareholders who attend and vote at a general meeting of the Company. If a shareholder vote is not required and the Company does not decide to hold a shareholder vote for business or other legal reasons, the Company will, pursuant to its Amended and Restated Memorandum and Articles of Association, conduct the redemptions pursuant to the tender offer rules of the Securities and Exchange Commission (“SEC”), and file tender offer documents containing substantially the same information as would be included in a proxy statement with the SEC prior to completing a Business Combination. If the Company seeks shareholder approval in connection with a Business Combination, the Sponsor has agreed to vote its Founder Shares (as defined in Note 5) and any Public Shares purchased during or after the Initial Public Offering in favor of approving a Business Combination. Additionally, each Public Shareholder may elect to redeem their Public Shares, without voting, and if they do vote, irrespective of whether they vote for or against a proposed Business Combination. Notwithstanding the foregoing, if the Company seeks shareholder approval of the Business Combination and the Company does not conduct redemptions pursuant to the tender offer rules, a Public Shareholder, together with any affiliate of such shareholder or any other person with whom such shareholder is acting in concert or as a “group” (as defined under Section 13 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)), will be restricted from redeeming its shares with respect to more than an aggregate of 15% of the Public Shares without the Company’s prior written consent. The Sponsor has agreed (a) to waive its redemption rights with respect to any Founder Shares, Private Placement Shares and Public Shares held by it in connection with the completion of a Business Combination and (b) not to propose an amendment to the Amended and Restated Memorandum and Articles of Association (i) to modify the substance or timing of the Company’s obligation to allow redemption in connection with the Company’s initial Business Combination or to redeem 100% of the Public Shares if the Company does not complete a Business Combination within the Combination Period (as defined below) or (ii) with respect to any other provision relating to shareholders’ rights or pre-initial per-share The Company will have until January 11, 2023 (or until April 11, 2023 if the Company has executed a letter of intent, agreement in principle, or definitive agreement for a Business Combination by January 11, 2023, but the Company has not completed a Business Combination by January 11, 2023) to consummate a Business Combination (the “Combination Period”). However, if the Company has not completed a Business Combination within the Combination Period, the Company will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but not more than ten business days thereafter, redeem 100% of the Public Shares, at a per-share The Sponsor has agreed to waive its rights to liquidating distributions from the Trust Account with respect to the Founder Shares and Private Placement Shares it will receive if the Company fails to complete a Business Combination within the Combination Period. However, if the Sponsor or any of its respective affiliates acquire Public Shares, such Public Shares will be entitled to liquidating distributions from the Trust Account if the Company fails to complete a Business Combination within the Combination Period. The underwriters have agreed to waive their rights to their deferred underwriting commission (see Note 6) held in the Trust Account in the event the Company does not complete a Business Combination within the Combination Period, and in such event, such amounts will be included with the other funds held in the Trust Account that will be available to fund the redemption of the Public Shares. In the event of such distribution, it is possible that the per share value of the assets remaining available for distribution will be less than the Initial Public Offering price per share ($10.00). In order to protect the amounts held in the Trust Account, 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 independent 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 amount of funds in the Trust Account to below the lesser of (1) $10.00 per Public Share and (2) 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 $10.00 per Public Share, due to reductions in the value of trust assets, in each case net of the interest that may be withdrawn to pay taxes. This liability will not apply to any claims by a third party who executed a waiver of any and all rights to seek access to the Trust Account and as to any claims under the Company’s indemnity of the underwriters of the Initial Public Offering against certain liabilities, including liabilities under the Securities Act of 1933, as amended (the “Securities Act”). 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. The Company will seek to reduce the possibility that the Sponsor will have to indemnify the Trust Account due to claims of creditors by endeavoring to have all vendors, service providers (other than the Company’s independent registered public accounting firm), prospective target businesses or other entities with which the Company does business, execute agreements with the Company waiving any right, title, interest or claim of any kind in or to monies held in the Trust Account. Liquidity, Capital Resources and Going Concern At June 30, 2022 and December 31, 2021, we had cash of $8,334 and $398,681, held outside of the Trust Account, respectively. We intend to use the funds held outside the Trust Account primarily to identify and evaluate target businesses, perform business due diligence on prospective target businesses, travel to and from the offices, properties or similar locations of prospective target businesses or their representatives or owners, review corporate documents and material agreements of prospective target businesses, and structure, negotiate and complete a Business Combination. In order to fund working capital deficiencies or finance transaction costs in connection with a Business Combination, our Sponsor or an affiliate of our Sponsor or certain of our officers and directors may, but are not obligated to, loan us funds as may be required. If we complete a Business Combination, we would repay such loaned amounts. In the event that a Business Combination does not close, we may use a portion of the working capital held outside the Trust Account to repay such loaned amounts but no proceeds from our Trust Account would be used for such repayment. Up to $2,000,000 of such loans may be convertible into shares of the post-Business Combination entity at a price of $10.00 per share at the option of the lender. The shares would be identical to the Private Placement Shares. In connection with the Company’s assessment of going concern considerations in accordance with Financial Accounting Standard Board’s Accounting Standards Update (“ASU”) 2014-15, “Disclosures of Uncertainties about an Entity’s Ability to Continue as a Going Concern,” the Company must consummate an initial Business Combination within 24 months (or 27 months, as applicable) from the closing of our Initial Public Offering or during any Extension Period. It is uncertain that the Company will be able to consummate an initial Business Combination within this time. If an initial Business Combination is not consummated within this time, there will be a mandatory liquidation and subsequent dissolution of the Company. Management has determined that the liquidity condition and mandatory liquidation, should an initial Business Combination not occur, and potential subsequent dissolution raises substantial doubt about the Company’s ability to continue as a going concern. No adjustments have been made to the carrying amounts of assets or liabilities should the Company be required to liquidate after January 11, 2023.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	Jun. 30, 2022
Accounting Policies [Abstract]
Basis of Presentation and Significant Accounting Policies [Text Block]	NOTE 2 — SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying financial statements are presented in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and pursuant to the rules and regulations of the SEC. Certain information or footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted, pursuant to the rules and regulations of the SEC for interim financial reporting. Accordingly, they do not include all the information and footnotes necessary for a complete presentation of financial position, results of operations, or cash flows. In the opinion of management, the accompanying unaudited condensed financial statements include all adjustments, consisting of a normal recurring nature, which are necessary for a fair presentation of the financial position, operating results and cash flows for the periods presented. The accompanying unaudited condensed financial statements should be read in conjunction with the Company’s Annual Report on Form 10-K 10-K Emerging Growth Company The Company is an “emerging growth company,” as defined in Section 2(a) of the Securities Act, as modified by the Jumpstart Our 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 of 2002, reduced disclosure obligations regarding executive compensation in its periodic reports and proxy statements, 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 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 Use of Estimates The preparation of the 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 condensed financial statements. Making estimates requires management to exercise significant judgement. Significant estimates included in these financial statements are the valuation of the FPA asset. 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 statements, 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 did not have any cash equivalents as of June 30, 2022 and December 31, 2021. Investments Held in Trust Account At June 30, 2022 and December 31, 2021, the assets held in the Trust Account were held in money market funds, which are invested primarily in U.S. Treasury Securities. Class A Ordinary Shares Subject to Possible Redemption The Company accounts for its Class A ordinary shares subject to possible redemption in accordance with the guidance in Accounting Standards Codification (“ASC”) Topic 480 “Distinguishing Liabilities from Equity.” Class A ordinary shares subject to mandatory redemption, if any, are classified as a liability instrument and are measured at fair value. Conditionally redeemable ordinary shares (including ordinary shares that feature redemption rights that are either within the control of the holder or subject to redemption upon the occurrence of uncertain events not solely within the Company’s control) are classified as temporary equity. At all other times, ordinary shares are classified as shareholders’ equity. The Company’s ordinary shares feature certain redemption rights that are considered to be outside of the Company’s control and subject to occurrence of uncertain future events. Accordingly, at June 30, 2022 and December 31, 2021, Class A ordinary shares subject to possible redemption are presented as temporary equity, outside of the shareholders’ equity section of the Company’s balance sheet. Immediately upon the closing of the Initial Public Offering, the Company recognized the accretion from initial book value to redemption value, which resulted in charges against additional paid-in capital (to the extent available) and accumulated deficit. Gross Proceeds $ 450,000,000 Less: Class A ordinary shares issuance costs $ (25,304,776 ) Plus: Accretion of carrying value to redemption value $ 25,304,776 Class A ordinary shares subject to possible redemption as of December 31, 2021 $ 450,000,000 Plus: Accretion of carrying value to redemption value $ 704,039 Class A ordinary shares subject to possible redemption as of June 30, 2022 $ 450,704,039 FPA Asset The Company accounts for the Forward Purchase Agreement (“FPA”) as a derivative instrument based on an assessment of the specific terms of the FPA and applicable authoritative guidance in Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 480, Distinguishing Liabilities from Equity (“ASC 480”) and ASC 815, Derivatives and Hedging (“ASC 815”). The assessment considers whether the FPA is a freestanding financial instrument pursuant to ASC 480 and meets the definition of a derivative asset or liability pursuant to ASC 480. This assessment, which requires the use of professional judgment, is conducted at the time of execution of the FPA and as of each subsequent quarterly period end date while the FPA is outstanding. Changes in the estimated fair value of the FPA between reporting periods is recognized as a non-cash Offering Costs Offering costs consist of legal, accounting, underwriting fees and other costs incurred through the Initial Public Offering that are directly related to the Initial Public Offering. Offering costs amounting to $25,304,775 were charged to shareholders’ equity upon the completion of the Initial Public Offering. Income Taxes The Company accounts for income taxes under ASC Topic 740, “Income Taxes,” which prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more likely than not to be sustained upon examination by taxing authorities. The Company’s management determined that the Cayman Islands is the Company’s major tax jurisdiction. The Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense. As of June 30, 2022 and December 31, 2021, there were no unrecognized tax benefits and no amounts accrued for interest and penalties. 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 is considered to be an exempted Cayman Islands company with no connection to any other taxable jurisdiction and is presently not subject to income taxes or income tax filing requirements in the Cayman Islands or the United States. Net Income (Loss) per Common Share The Company complies with accounting and disclosure requirements of FASB ASC Topic 260, “Earnings Per Share.” The Company has two classes of shares, which are referred to as Class A ordinary shares and Class B ordinary shares. Income (losses) are shared pro rata between the two classes of shares. Net income (loss) per share is computed by dividing net income (loss) by the weighted average number of ordinary shares outstanding for the period. Diluted net income (loss) per share reflects the potential dilution that could occur if warrants were to be exercised or converted or otherwise resulted in issuance of Ordinary Shares that then shared in the earnings of the entity. As the exercise of the warrants are contingent upon the completion of a business combination they have not been included in the calculation of diluted net income (loss) per share. Accretion associated with the redeemable Class A ordinary shares is excluded from earnings per share as the redemption value approximates fair value. The following table reflects the calculation of basic and diluted net income (loss) per ordinary share (in dollars, except per share amounts), as stated in footnote 1 to the Condensed Statement of Operations, these amounts for the three and six months ended June 30, 2021 have been adjusted to conform with the current year presentation: For the three months ended June 30, 2022 For the three months ended June 30, 2021 Class A Class B Class A Class B Basic and diluted net income per ordinary share Numerator: Allocation of net income, as adjusted $ 262,098 $ 63,961 $ 217,252 $ 53,017 Denominator: Basic and diluted weighted average shares outstanding 46,100,000 11,250,000 46,100,000 11,250,000 Basic and diluted net income per ordinary share $ 0.01 $ 0.01 $ 0.00 $ 0.00 For the six months ended June 30, 2022 For the six months ended June 30, 2021 Class A Class B Class A Class B Basic and diluted net loss per ordinary share Numerator: Allocation of net loss, as adjusted $ (327,106 ) $ (79,825 ) $ (1,306,966 ) $ (337,289 ) Denominator: Basic and diluted weighted average shares outstanding 46,100,000 11,250,000 43,298,343 11,174,033 Basic and diluted net loss per ordinary share $ (0.01 ) $ (0.01 ) $ (0.03 ) $ (0.03 ) Concentration of Credit Risk Financial instruments that potentially subject the Company to concentrations of credit risk consist of a cash account in a financial institution, which, at times may exceed the Federal Deposit Insurance Corporation Coverage Fair Value of Financial Instruments The fair value of the Company’s assets and liabilities, which qualify as financial instruments under ASC Topic 820, “Fair Value Measurement,” approximates the carrying amounts represented in the accompanying balance sheet, primarily due to their short-term nature, other than the FPA asset. Recent Accounting Standards In August 2020, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2020-06, 470-20) 815-40) 2020-06 2020-06 if-converted 2020-06 Management does not believe that any other recently issued, but not yet effective, accounting standards, if currently adopted, would have a material effect on the Company’s condensed financial statements.

INITIAL PUBLIC OFFERING

INITIAL PUBLIC OFFERING	6 Months Ended
INITIAL PUBLIC OFFERING	Jun. 30, 2022
INITIAL PUBLIC OFFERING [Abstract]
INITIAL PUBLIC OFFERING	NOTE 3 — INITIAL PUBLIC OFFERING Pursuant to the Initial Public Offering, the Company sold 45,000,000 Public Shares, which includes a full exercise by the underwriters of their over-allotment

PRIVATE PLACEMENT

PRIVATE PLACEMENT	6 Months Ended
PRIVATE PLACEMENT	Jun. 30, 2022
PRIVATE PLACEMENT [Abstract]
PRIVATE PLACEMENT	NOTE 4 — PRIVATE PLACEMENT Simultaneously with the closing of the Initial Public Offering, the Sponsor purchased an aggregate of 1,100,000 Private Placement Shares at a price of $10.00 per Private Placement Share, for an aggregate purchase price of $11,000,000, in a private placement. A portion of the proceeds from the Private Placement Shares were added to the proceeds from the Initial Public Offering held in the Trust Account. If the Company does not complete a Business Combination within the Combination Period, the proceeds from the sale of the Private Placement Shares will be used to fund the redemption of the Public Shares (subject to the requirements of applicable law).

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	6 Months Ended
RELATED PARTY TRANSACTIONS	Jun. 30, 2022
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 5 — RELATED PARTY TRANSACTIONS Founder Shares On October 23, 2020, the Sponsor paid $25,000 to cover certain offering and formation costs of the Company in consideration for 2,875,000 Class B ordinary shares (the “Founder Shares”). On December 1, 2020, the Company effected a 2,875,000 share dividend, on December 24, 2020, the Company effected a 4,250,000 share dividend and on January 7, 2021, the Company effected a 1,250,000 share dividend, resulting in an aggregate of 11,250,000 Founder Shares outstanding. All share and per-share The Founder Shares included an aggregate of up to 1,250,000 shares subject to forfeiture depending on the extent to which the underwriters’ over- allotment option was not exercised in full, so that the number of Founder Shares would equal, on an as-converted The Sponsor has agreed, subject to limited exceptions, not to transfer, assign or sell any of the Founder Shares until the earliest of: (A) one year after the completion of a Business Combination and (B) subsequent to a Business Combination, (x) if the closing price of the Class A ordinary shares equals or exceeds $12.00 per share (as adjusted for share sub-divisions, share dividends, rights issuances, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading property. Administrative Support Agreement The Company entered into an agreement, commencing on January 11, 2021 through the earlier of the Company’s consummation of a Business Combination and its liquidation, to pay an affiliate of the Sponso per month for office space, utilities and secretarial, and administrative support services. For the three and six months ended June 30, 2022, the Company incurred $60,000 and $120,000, respectively, in fees for these services. For the three and six months ended June 30, 2021, the Company incurred $60,000 an , respectively, in fees for these services. As of June 30, 2022 and December 31, 2021, the Company had $360,000 and of these fees reflected in accrued expenses, respectively. Promissory Note — Related Party On October 23, 2020, the Company issued an unsecured promissory note (the “Promissory Note”) to the Sponsor, pursuant to which the Company may borrow up to an aggregate principal amount of $300,000. The Promissory Note is non-interest On June 10, 2022 , amended and restated on August 11, 2022 , the Company issued an unsecured promissory note (the “Note”) to the Sponsor, pursuant to which the Company may borrow up to an aggregate principal amount of and may be converted upon consummation of a Business Combination, at the lender’s discretion, into Class A ordinary shares at a price of $10 per share . The Note is non-interest bearing and payable upon consummation of a Business Combination. If the Company does not complete a Business Combination, the Note will be forgiven, except to the extent that the Company has funds available to it outside The Sponsor has paid $46,219 directly to vendors on behalf of the Company as of June 30, 2022 and December 31 2021, this amount remains outstanding and is classified as accounts payable – related party on the Company’s balance sheet. Related Party Loans In order to finance transaction costs in connection with a 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 (“Working Capital Loans”). If the Company completes a Business Combination, the Company would repay the Working Capital Loans out of the proceeds of the Trust Account released to the Company. Otherwise, the Working Capital Loans would be repaid only out of funds held outside the Trust Account. In the event that a Business Combination does not close, the Company may use a portion of proceeds held outside the Trust Account to repay the Working Capital Loans, but no proceeds held in the Trust Account would be used to repay the Working Capital Loans. Except for the foregoing, the terms of such Working Capital Loans, if any, have not been determined and no written agreements exist with respect to such loans. The Working Capital Loans would either be repaid upon consummation of a Business Combination, without interest, or, at the lender’s discretion, up to $2,000,000 of such Working Capital Loans may be convertible into shares of the post-Business Combination entity at a price of $10.00 per share. The shares would be identical to the Private Placement Shares. As of June 30, 2022 and December 31, 2021, the Company had no outstanding borrowings under the Working Capital Loans.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
COMMITMENTS AND CONTINGENCIES	Jun. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 6 — COMMITMENTS AND CONTINGENCIES Risks and Uncertainties In February 2022, the Russian Federation and Belarus commenced a military action with the country of Ukraine. As a result of this action, various nations, including the United States, have instituted economic sanctions against the Russian Federation and Belarus. Further, the impact of this action and related sanctions on the world economy are not determinable as of the date of these financial statements and the specific impact on the Company’s financial condition, results of operations, and cash flows is also not determinable as of the date of these financial statements. Management continues to evaluate the impact of the COVID-19 Registration and Shareholders Rights Pursuant to a registration and shareholders rights agreement entered into on January 6, 2021, the holders of the Founder Shares and Private Placement Shares and any shares 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 before or on the effective date of the Initial Public Offering. The holders of these securities will be entitled to make up to three demands, excluding short form demands, that the Company register such securities. In addition, the holders have certain “piggy-back” registration rights with respect to registration statements filed subsequent to the completion of a Business Combination. However, the registration and shareholder rights agreement provides that the Company will not permit any registration statement filed under the Securities Act to become effective until termination of the applicable lockup period. The registration rights agreement does not contain liquidating damages or other cash settlement provisions resulting from delays in registering the Company’s securities. The Company will bear the expenses incurred in connection with the filing of any such registration statements. Pursuant to the forward purchase agreement, the Company will agree that it will use its commercially reasonable efforts to (i) within 30 days after the closing of a Business Combination, file a registration statement with the SEC for a secondary offering of the forward purchase investor’s forward purchase shares and any other Class A ordinary shares acquired by the forward purchase investor, including any acquisitions after the Company completes a Business Combination, (ii) cause such registration statement to be declared effective promptly thereafter, but in no event later than 90 days after the closing of a Business Combination and (iii) maintain the effectiveness of such registration statement and to ensure the registration statement does not contain a material omission or misstatement, including by way of amendment or other update, as required, until the earlier of (A) the date on which a forward purchase investor ceases to hold the securities covered thereby and (B) the date all of the securities covered thereby can be sold publicly without restriction or limitation under Rule 144 under the Securities Act, and without the requirement to be in compliance with Rule 144(c)(1) under the Securities Act, subject to certain conditions and limitations set forth in the forward purchase agreement. The Company will bear the cost of registering these securities. Underwriting Agreement The underwriters are entitled to a deferred fee of $0.35 per share, or $15,750,000 in 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. Forward Purchase Agreement The Company entered into a forward purchase agreement which will provide for the purchase of a certain number of shares (the “forward purchase shares”), up to 5,000,000 forward purchase shares for $10.00 per share, or an aggregate purchase price of $50,000,000 in a private placement to close concurrently with the closing of a Business Combination. The forward purchase agreement provides that the forward purchase investor may decline to purchase some or all of the forward purchase shares if the Sponsor and the Sponsor’s affiliates collectively own 25% or more of the outstanding shares of the Company when the private placement of the forward purchase shares is initiated. The obligations under the forward purchase agreement will not depend on whether any Class A ordinary shares are redeemed by the Public Shareholders. The forward purchase shares will be identical to the Class A ordinary shares being sold in the Initial Public Offering, except that they will be subject to certain registration rights. The amount of forward purchase shares sold pursuant to the forward purchase agreement will be determined by the Company at its sole discretion.

CLASS A ORDINARY SHARES SUBJECT

CLASS A ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION	6 Months Ended
CLASS A ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION	Jun. 30, 2022
Temporary Equity Disclosure [Abstract]
CLASS A ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION	NOTE 7 — CLASS A ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION The Company’s Class A ordinary shares feature certain redemption rights that are considered to be outside of the Company’s control and subject to the occurrence of future events. The Company is authorized to issue 200,000,000 shares of Class A ordinary shares with a par value of $0.0001 per share. Holders of the Company’s Class A ordinary shares are entitled to one vote for each share. As of June 30, 2022 and December 31, 2021, there were 45,000,000 Class A ordinary shares outstanding which were subject to possible redemption and are classified outside of permanent equity in the condensed balance sheets.

SHAREHOLDERS' (DEFICIT)

SHAREHOLDERS' (DEFICIT)	6 Months Ended
SHAREHOLDERS' (DEFICIT)	Jun. 30, 2022
Equity [Abstract]
SHAREHOLDERS' (DEFICIT)	NOTE 8 — SHAREHOLDERS’ DEFICIT P r e f e r e n c e Sh a r e s Class A Ordinary Shares Class B Ordinary Shares Holders of Class A ordinary shares and Class B ordinary shares will vote together as a single class on The Class B ordinary shares will automatically convert into Class A ordinary shares at the time of a Business Combination or earlier at the option of the holders thereof at a ratio as-converted one-to-one.

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	6 Months Ended
FAIR VALUE MEASUREMENTS	Jun. 30, 2022
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	NOTE 9 — FAIR VALUE MEASUREMENTS The fair value of the Company’s financial assets and liabilities reflects management’s estimate of amounts that the Company would have received in connection with the sale of the assets or paid in connection with the transfer of the liabilities in an orderly transaction between market participants at the measurement date. In connection with measuring the fair value of its assets and liabilities, the Company seeks to maximize the use of observable inputs (market data obtained from independent sources) and to minimize the use of unobservable inputs (internal assumptions about how market participants would price assets and liabilities). The following fair value hierarchy is used to classify assets and liabilities based on the observable inputs and unobservable inputs used in order to value the assets and liabilities: Level 1: Quoted prices in active markets for identical assets or liabilities. An active market for an asset or liability is a market in which transactions for the asset or liability occur with sufficient frequency and volume to provide pricing information on an ongoing basis. Level 2: Observable inputs other than Level 1 inputs. Examples of Level 2 inputs include quoted prices in active markets for similar assets or liabilities and quoted prices for identical assets or liabilities in markets that are not active. Level 3: Unobservable inputs based on our assessment of the assumptions that market participants would use in pricing the asset or liability. At June 30, 2022 and December 31 the three and six months ended June 30, 2022 and 2021, the Company The following table presents information about the Company’s assets and liabilities that are measured at fair value on a recurring basis at June 30, 2022 and December 31, 2021 and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value. Description Level June 30, December 31, Assets: Investments held in Trust Account – U.S. Treasury Securities Money Market Fund 1 $ 450,704,039 $ 450,028,147 FPA Asset 3 $ 28,024 $ 394,350 FPA Asset The asset for the FPA was valued using an adjusted net assets method, which is considered to be a Level 3 fair value measurement. Under the adjusted net assets method utilized, the aggregate commitment of $50 million pursuant to the FPA is discounted to present value and compared to the fair value of the ordinary shares to be issued pursuant to the FPA. The fair value of the ordinary shares to be issued under the FPA is based on the public trading price of the Shares issued in the Company’s Initial Public Offering. The excess (liability) or deficit (asset) of the fair value of the ordinary shares to be issued compared to the $50 million fixed commitment is then reduced to account for the probability of consummation of the Business Combination. The primary unobservable input utilized in determining the fair value of the FPA is the probability of consummation of the Business Combination. As of June 30, 2022 and December 31, 2021, the probability assigned to the consummation of the Business Combination was 33.3% and 66.7%, respectively, which was determined based on observed success rates of business combinations for special purpose acquisition companies. The key inputs into the valuation analysis for the Forward Purchase Agreement were as follows at June 30, 2022 and December 31, 2021: Input June 30, December 31, Risk-free interest rate 2.5 % 0.3 % Years to expected initial business combination date 0.50 0.75 Conditional probability of Securities Issued 33.3 % 66.7 % Fair value of security at valuation date $ (0.02 ) $ (0.12 ) The following table presents a summary of the changes in the fair value of the FPA asset, a Level 3 asset, measured on a recurring basis. FPA (Asset) Liability Fair value, January 11, 2021 $ — Recognized loss on change in fair value 1,664,090 Fair value, March 31, 2021 1,664,090 Recognized gain on change in fair value (507,612 ) Fair value, June 30, 2021 $ 1,156,478 Fair value, December 31, 2021 $ (394,350 ) Recognized gain on change in fair value 260,521 Fair value, March 31, 2022 $ (133,829 ) Recognized gain on change in fair value (105,805 ) Fair value, June 30, 2022 $ (28,024)

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	6 Months Ended
SUBSEQUENT EVENTS	Jun. 30, 2022
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 10 — SUBSEQUENT EVENTS The Company evaluated subsequent events and transactions that occurred after the balance sheet date up to the date that the condensed financial statements were issued. Based upon this review, the Company did not identify any subsequent events that would have required adjustment or disclosure in the condensed financial statements , except as disclosed in Note 5.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	Jun. 30, 2022
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying financial statements are presented in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and pursuant to the rules and regulations of the SEC. Certain information or footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted, pursuant to the rules and regulations of the SEC for interim financial reporting. Accordingly, they do not include all the information and footnotes necessary for a complete presentation of financial position, results of operations, or cash flows. In the opinion of management, the accompanying unaudited condensed financial statements include all adjustments, consisting of a normal recurring nature, which are necessary for a fair presentation of the financial position, operating results and cash flows for the periods presented. The accompanying unaudited condensed financial statements should be read in conjunction with the Company’s Annual Report on Form 10-K 10-K
Emerging Growth Company	Emerging Growth Company The Company is an “emerging growth company,” as defined in Section 2(a) of the Securities Act, as modified by the Jumpstart Our 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 of 2002, reduced disclosure obligations regarding executive compensation in its periodic reports and proxy statements, 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 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
Use of Estimates	Use of Estimates The preparation of the 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 condensed financial statements. Making estimates requires management to exercise significant judgement. Significant estimates included in these financial statements are the valuation of the FPA asset. 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 statements, 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 did not have any cash equivalents as of June 30, 2022 and December 31, 2021.
Investment Held in Trust Account	Investments Held in Trust Account At June 30, 2022 and December 31, 2021, the assets held in the Trust Account were held in money market funds, which are invested primarily in U.S. Treasury Securities.
Class A Ordinary Shares Subject to Possible Redemption	Class A Ordinary Shares Subject to Possible Redemption The Company accounts for its Class A ordinary shares subject to possible redemption in accordance with the guidance in Accounting Standards Codification (“ASC”) Topic 480 “Distinguishing Liabilities from Equity.” Class A ordinary shares subject to mandatory redemption, if any, are classified as a liability instrument and are measured at fair value. Conditionally redeemable ordinary shares (including ordinary shares that feature redemption rights that are either within the control of the holder or subject to redemption upon the occurrence of uncertain events not solely within the Company’s control) are classified as temporary equity. At all other times, ordinary shares are classified as shareholders’ equity. The Company’s ordinary shares feature certain redemption rights that are considered to be outside of the Company’s control and subject to occurrence of uncertain future events. Accordingly, at June 30, 2022 and December 31, 2021, Class A ordinary shares subject to possible redemption are presented as temporary equity, outside of the shareholders’ equity section of the Company’s balance sheet. Immediately upon the closing of the Initial Public Offering, the Company recognized the accretion from initial book value to redemption value, which resulted in charges against additional paid-in capital (to the extent available) and accumulated deficit. Gross Proceeds $ 450,000,000 Less: Class A ordinary shares issuance costs $ (25,304,776 ) Plus: Accretion of carrying value to redemption value $ 25,304,776 Class A ordinary shares subject to possible redemption as of December 31, 2021 $ 450,000,000 Plus: Accretion of carrying value to redemption value $ 704,039 Class A ordinary shares subject to possible redemption as of June 30, 2022 $ 450,704,039
FPA Asset	FPA Asset The Company accounts for the Forward Purchase Agreement (“FPA”) as a derivative instrument based on an assessment of the specific terms of the FPA and applicable authoritative guidance in Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 480, Distinguishing Liabilities from Equity (“ASC 480”) and ASC 815, Derivatives and Hedging (“ASC 815”). The assessment considers whether the FPA is a freestanding financial instrument pursuant to ASC 480 and meets the definition of a derivative asset or liability pursuant to ASC 480. This assessment, which requires the use of professional judgment, is conducted at the time of execution of the FPA and as of each subsequent quarterly period end date while the FPA is outstanding. Changes in the estimated fair value of the FPA between reporting periods is recognized as a non-cash
Offering Costs	Offering Costs Offering costs consist of legal, accounting, underwriting fees and other costs incurred through the Initial Public Offering that are directly related to the Initial Public Offering. Offering costs amounting to $25,304,775 were charged to shareholders’ equity upon the completion of the Initial Public Offering.
Income Taxes	Income Taxes The Company accounts for income taxes under ASC Topic 740, “Income Taxes,” which prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more likely than not to be sustained upon examination by taxing authorities. The Company’s management determined that the Cayman Islands is the Company’s major tax jurisdiction. The Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense. As of June 30, 2022 and December 31, 2021, there were no unrecognized tax benefits and no amounts accrued for interest and penalties. 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 is considered to be an exempted Cayman Islands company with no connection to any other taxable jurisdiction and is presently not subject to income taxes or income tax filing requirements in the Cayman Islands or the United States.
Net Income (Loss) per Common Share	Net Income (Loss) per Common Share The Company complies with accounting and disclosure requirements of FASB ASC Topic 260, “Earnings Per Share.” The Company has two classes of shares, which are referred to as Class A ordinary shares and Class B ordinary shares. Income (losses) are shared pro rata between the two classes of shares. Net income (loss) per share is computed by dividing net income (loss) by the weighted average number of ordinary shares outstanding for the period. Diluted net income (loss) per share reflects the potential dilution that could occur if warrants were to be exercised or converted or otherwise resulted in issuance of Ordinary Shares that then shared in the earnings of the entity. As the exercise of the warrants are contingent upon the completion of a business combination they have not been included in the calculation of diluted net income (loss) per share. Accretion associated with the redeemable Class A ordinary shares is excluded from earnings per share as the redemption value approximates fair value. The following table reflects the calculation of basic and diluted net income (loss) per ordinary share (in dollars, except per share amounts), as stated in footnote 1 to the Condensed Statement of Operations, these amounts for the three and six months ended June 30, 2021 have been adjusted to conform with the current year presentation: For the three months ended June 30, 2022 For the three months ended June 30, 2021 Class A Class B Class A Class B Basic and diluted net income per ordinary share Numerator: Allocation of net income, as adjusted $ 262,098 $ 63,961 $ 217,252 $ 53,017 Denominator: Basic and diluted weighted average shares outstanding 46,100,000 11,250,000 46,100,000 11,250,000 Basic and diluted net income per ordinary share $ 0.01 $ 0.01 $ 0.00 $ 0.00 For the six months ended June 30, 2022 For the six months ended June 30, 2021 Class A Class B Class A Class B Basic and diluted net loss per ordinary share Numerator: Allocation of net loss, as adjusted $ (327,106 ) $ (79,825 ) $ (1,306,966 ) $ (337,289 ) Denominator: Basic and diluted weighted average shares outstanding 46,100,000 11,250,000 43,298,343 11,174,033 Basic and diluted net loss per ordinary share $ (0.01 ) $ (0.01 ) $ (0.03 ) $ (0.03 )
Concentration of Credit Risk	Concentration of Credit Risk Financial instruments that potentially subject the Company to concentrations of credit risk consist of a cash account in a financial institution, which, at times may exceed the Federal Deposit Insurance Corporation Coverage
Fair Value of Financial Instruments	Fair Value of Financial Instruments The fair value of the Company’s assets and liabilities, which qualify as financial instruments under ASC Topic 820, “Fair Value Measurement,” approximates the carrying amounts represented in the accompanying balance sheet, primarily due to their short-term nature, other than the FPA asset.
Recent Accounting Standards	Recent Accounting Standards In August 2020, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2020-06, 470-20) 815-40) 2020-06 2020-06 if-converted 2020-06 Management does not believe that any other recently issued, but not yet effective, accounting standards, if currently adopted, would have a material effect on the Company’s condensed financial statements.

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	6 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	Jun. 30, 2022
Accounting Policies [Abstract]
Summary of basic and diluted net income (loss) per common share	The following table reflects the calculation of basic and diluted net income (loss) per ordinary share (in dollars, except per share amounts), as stated in footnote 1 to the Condensed Statement of Operations, these amounts for the three and six months ended June 30, 2021 have been adjusted to conform with the current year presentation: For the three months ended June 30, 2022 For the three months ended June 30, 2021 Class A Class B Class A Class B Basic and diluted net income per ordinary share Numerator: Allocation of net income, as adjusted $ 262,098 $ 63,961 $ 217,252 $ 53,017 Denominator: Basic and diluted weighted average shares outstanding 46,100,000 11,250,000 46,100,000 11,250,000 Basic and diluted net income per ordinary share $ 0.01 $ 0.01 $ 0.00 $ 0.00 For the six months ended June 30, 2022 For the six months ended June 30, 2021 Class A Class B Class A Class B Basic and diluted net loss per ordinary share Numerator: Allocation of net loss, as adjusted $ (327,106 ) $ (79,825 ) $ (1,306,966 ) $ (337,289 ) Denominator: Basic and diluted weighted average shares outstanding 46,100,000 11,250,000 43,298,343 11,174,033 Basic and diluted net loss per ordinary share $ (0.01 ) $ (0.01 ) $ (0.03 ) $ (0.03 )
Summary of class A ordinary shares reflected in condensed balance sheet	Gross Proceeds $ 450,000,000 Less: Class A ordinary shares issuance costs $ (25,304,776 ) Plus: Accretion of carrying value to redemption value $ 25,304,776 Class A ordinary shares subject to possible redemption as of December 31, 2021 $ 450,000,000 Plus: Accretion of carrying value to redemption value $ 704,039 Class A ordinary shares subject to possible redemption as of June 30, 2022 $ 450,704,039

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	6 Months Ended
FAIR VALUE MEASUREMENTS (Tables)	Jun. 30, 2022
Fair Value Disclosures [Abstract]
Summary of Assets and Liabilities Measured at Fair value on a Recurring Basis	The following table presents information about the Company’s assets and liabilities that are measured at fair value on a recurring basis at June 30, 2022 and December 31, 2021 and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value. Description Level June 30, December 31, Assets: Investments held in Trust Account – U.S. Treasury Securities Money Market Fund 1 $ 450,704,039 $ 450,028,147 FPA Asset 3 $ 28,024 $ 394,350
Summary of fair value measurements inputs	The key inputs into the valuation analysis for the Forward Purchase Agreement were as follows at June 30, 2022 and December 31, 2021: Input June 30, December 31, Risk-free interest rate 2.5 % 0.3 % Years to expected initial business combination date 0.50 0.75 Conditional probability of Securities Issued 33.3 % 66.7 % Fair value of security at valuation date $ (0.02 ) $ (0.12 )
Summary of changes in the FPA Asset	The following table presents a summary of the changes in the fair value of the FPA asset, a Level 3 asset, measured on a recurring basis. FPA (Asset) Liability Fair value, January 11, 2021 $ — Recognized loss on change in fair value 1,664,090 Fair value, March 31, 2021 1,664,090 Recognized gain on change in fair value (507,612 ) Fair value, June 30, 2021 $ 1,156,478 Fair value, December 31, 2021 $ (394,350 ) Recognized gain on change in fair value 260,521 Fair value, March 31, 2022 $ (133,829 ) Recognized gain on change in fair value (105,805 ) Fair value, June 30, 2022 $ (28,024)

ORGANIZATION AND PLAN OF BUSI_2

ORGANIZATION AND PLAN OF BUSINESS OPERATIONS (Details) - USD ($)		6 Months Ended
	Jan. 11, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Proceeds from Issuance of Equity [Abstract]
Gross proceeds from initial public offering		$ 0	$ 441,000,000
Transaction costs	$ 25,304,775	25,304,775
Underwriting fees	9,000,000
Deferred underwriting fees	15,750,000	15,750,000
Other offering costs	554,775
Cash		8,334		$ 398,681
Net proceeds deposited in trust account	$ 450,000,000	$ 450,704,039		$ 450,028,147
Net proceeds from Initial Public Offering and Private Placement (in dollars per share)	$ 10
Restricted investments term		185 days
Percentage of public shares to be redeemed on non completion of business combination		100%
Sponsor or an Affiliate of the Sponsor, or Certain of the Company's Officers and Directors [Member]
Proceeds from Issuance of Equity [Abstract]
Share price (in dollars per share)	$ 10
Debt instrument face amount		$ 2,000,000
Maximum [Member]
Proceeds from Issuance of Equity [Abstract]
Interest on Trust Account that can be held to pay dissolution expenses	$ 100,000
Period Within Which Business Combination Shall Be Consummated From The Closing Of Initial Public Offer		27 months
Minimum [Member]
Proceeds from Issuance of Equity [Abstract]
Percentage of fair market value of target business to asset held in trust account		80%
Net tangible assets required for consummation of business combination		$ 5,000,001
Percentage of redeeming shares of public shares without the company's prior written consent		15%
Period Within Which Business Combination Shall Be Consummated From The Closing Of Initial Public Offer		24 months
Minimum [Member] \| Definitive Agreement Of Business Combination [Member]
Proceeds from Issuance of Equity [Abstract]
Percentage of voting interests acquired		50%
Public Shares [Member]
Proceeds from Issuance of Equity [Abstract]
Share price (in dollars per share)		$ 10
Initial Public Offering [Member]
Proceeds from Issuance of Equity [Abstract]
Shares issued (in shares)		45,000,000
Initial Public Offering [Member] \| Public Shares [Member]
Proceeds from Issuance of Equity [Abstract]
Shares issued (in shares)	45,000,000
Share price (in dollars per share)	$ 10
Gross proceeds from initial public offering	$ 450,000,000
Over-Allotment Option [Member]
Proceeds from Issuance of Equity [Abstract]
Shares issued (in shares)		5,000,000
Over-Allotment Option [Member] \| Public Shares [Member]
Proceeds from Issuance of Equity [Abstract]
Shares issued (in shares)	5,000,000
Share price (in dollars per share)	$ 10
Private Placement [Member]
Proceeds from Issuance of Equity [Abstract]
Shares issued (in shares)	1,100,000	1,100,000
Share price (in dollars per share)	$ 10	$ 10
Gross proceeds from initial public offering	$ 11,000,000

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Summary of basic and diluted net income (loss) per common share (Details) - USD ($)	3 Months Ended				6 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021
Numerator:
Allocation of net loss	$ 326,059	$ (732,990)	$ 270,269	$ (1,914,524)	$ (406,931)	$ (1,644,255)
Class A Ordinary Shares [Member]
Numerator:
Allocation of net loss	$ 262,098		$ 217,252		$ (327,106)	$ (1,306,966)
Denominator:
Basic weighted average shares outstanding	46,100,000		46,100,000		46,100,000	43,298,343
Basic net income per ordinary share	$ 0.01		$ 0		$ (0.01)	$ (0.03)
Diluted weighted average shares outstanding	46,100,000		46,100,000		46,100,000	43,298,343
Diluted net income per ordinary share	$ 0.01		$ 0		$ (0.01)	$ (0.03)
Class B Ordinary Shares [Member]
Numerator:
Allocation of net loss	$ 63,961		$ 53,017		$ (79,825)	$ (337,289)
Denominator:
Basic weighted average shares outstanding	11,250,000		11,250,000		11,250,000	11,174,033
Basic net income per ordinary share	$ 0.01		$ 0		$ (0.01)	$ (0.03)
Diluted weighted average shares outstanding	11,250,000		11,250,000		11,250,000	11,174,033
Diluted net income per ordinary share	$ 0.01		$ 0		$ (0.01)	$ (0.03)

SUMMARY OF SIGNIFICANT ACCOUN_5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Summary of class A ordinary shares reflected in condensed balance sheet (Detail) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2022	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Temporary Equity [Line Items]
Gross Proceeds			$ 0	$ 441,000,000
Accretion of carrying value to redemption value	$ 704,039	$ 25,304,775
Class A ordinary shares subject to possible redemption	450,704,039		450,704,039		$ 450,000,000
Common Class A [Member]
Temporary Equity [Line Items]
Gross Proceeds					450,000,000
Class A ordinary shares issuance costs					(25,304,776)
Accretion of carrying value to redemption value	704,039				25,304,776
Class A ordinary shares subject to possible redemption	$ 450,704,039		$ 450,704,039		$ 450,000,000

SUMMARY OF SIGNIFICANT ACCOUN_6

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($)	Jun. 30, 2022	Dec. 31, 2021	Jan. 11, 2021
Net Loss Per Ordinary Share [Abstract]
Federal depository insurance coverage	$ 250,000
Deferred Costs, Current [Abstract]
Offering costs	25,304,775		$ 25,304,775
Cash and Cash Equivalents [Abstract]
Cash equivalents	0	$ 0
Income Taxes [Abstract]
Unrecognized tax benefits	0	0
Accrued interest and penalties	$ 0	$ 0

INITIAL PUBLIC OFFERING (Detail

INITIAL PUBLIC OFFERING (Details) - $ / shares		6 Months Ended
INITIAL PUBLIC OFFERING (Details) - $ / shares	Jan. 11, 2021	Jun. 30, 2022
Public Shares [Member]
Initial Public Offering [Abstract]
Unit price (in dollars per share)		$ 10
Initial Public Offering [Member]
Initial Public Offering [Abstract]
Shares issued (in shares)		45,000,000
Initial Public Offering [Member] \| Public Shares [Member]
Initial Public Offering [Abstract]
Shares issued (in shares)	45,000,000
Unit price (in dollars per share)	$ 10
Over-Allotment Option [Member]
Initial Public Offering [Abstract]
Shares issued (in shares)		5,000,000
Over-Allotment Option [Member] \| Public Shares [Member]
Initial Public Offering [Abstract]
Shares issued (in shares)	5,000,000
Unit price (in dollars per share)	$ 10

PRIVATE PLACEMENT (Details)

PRIVATE PLACEMENT (Details) - USD ($)		6 Months Ended
PRIVATE PLACEMENT (Details) - USD ($)	Jan. 11, 2021	Jun. 30, 2022	Jun. 30, 2021
Private Placement Shares [Abstract]
Gross proceeds from issuance of warrants		$ 0	$ 11,000,000
Private Placement [Member]
Private Placement Shares [Abstract]
Shares issued (in shares)	1,100,000	1,100,000
Share price (in dollars per share)	$ 10	$ 10
Gross proceeds from issuance of warrants		$ 11,000,000

RELATED PARTY TRANSACTIONS, Fou

RELATED PARTY TRANSACTIONS, Founder Shares (Details) - USD ($)				1 Months Ended	12 Months Ended
	Jan. 07, 2021	Dec. 24, 2020	Oct. 23, 2020	Dec. 31, 2020	Dec. 31, 2021	Jun. 30, 2022
Common Class A [Member]
Founder Shares [Abstract]
Proceeds from Issuance of Common Stock					$ (25,304,776)
Founder Shares [Member] \| Class B Ordinary Shares [Member]
Founder Shares [Abstract]
Shares issued (in shares)	1,250,000	4,250,000		2,875,000
Shares, outstanding						11,250,000
Founder Shares [Member] \| Sponsor [Member] \| Common Class A [Member]
Founder Shares [Abstract]
Number of trading days			20 days
Trading day threshold period			30 days
Founder Shares [Member] \| Sponsor [Member] \| Common Class A [Member] \| Minimum [Member]
Founder Shares [Abstract]
Share price (in dollars per share)						$ 12
Threshold period after initial Business Combination			120 days
Founder Shares [Member] \| Sponsor [Member] \| Class B Ordinary Shares [Member]
Founder Shares [Abstract]
Proceeds from Issuance of Common Stock			$ 25,000
Shares issued (in shares)			2,875,000
Number of shares subject to forfeiture (in shares)						0
Ownership interest, as converted percentage			20%
Founder Shares [Member] \| Sponsor [Member] \| Class B Ordinary Shares [Member] \| Maximum [Member]
Founder Shares [Abstract]
Number of shares subject to forfeiture (in shares)						1,250,000
Founder Shares [Member] \| Director One [Member] \| Class B Ordinary Shares [Member]
Founder Shares [Abstract]
Shares issued (in shares)				75,000
Founder Shares [Member] \| Director Two [Member] \| Class B Ordinary Shares [Member]
Founder Shares [Abstract]
Shares issued (in shares)				75,000
Founder Shares [Member] \| Director Three [Member] \| Class B Ordinary Shares [Member]
Founder Shares [Abstract]
Shares issued (in shares)				75,000
Founder Shares [Member] \| Director Four [Member] \| Class B Ordinary Shares [Member]
Founder Shares [Abstract]
Shares issued (in shares)				75,000
Founder Shares [Member] \| Director [Member] \| Class B Ordinary Shares [Member]
Founder Shares [Abstract]
Shares issued (in shares)				300,000

RELATED PARTY TRANSACTIONS, Adm

RELATED PARTY TRANSACTIONS, Administrative Support Agreement, Promissory Note - Related Party and Related Party Loans (Details) - USD ($)					3 Months Ended		6 Months Ended		12 Months Ended
	Aug. 11, 2022	Jan. 15, 2021	Jan. 11, 2021	Oct. 23, 2020	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Related Party Transactions [Abstract]
Repayment of debt to related party							$ 0	$ 144,545
Accounts payable, related parties, current					$ 46,219		46,219		$ 46,219
Notes Payable, Related Parties, Current					63,000		63,000
Accrued Expense [Member]
Related Party Transactions [Abstract]
Related party transaction							360,000		240,000
Sponsor [Member] \| Promissory Note [Member]
Related Party Transactions [Abstract]
Related party transaction	$ 1,000,000			$ 300,000
Repayment of debt to related party		$ 144,545
Notes Payable, Related Parties, Current					63,000		63,000		$ 0
Sponsor [Member] \| Administrative Support Agreement [Member]
Related Party Transactions [Abstract]
Related party transaction			$ 20,000
Sponsor [Member] \| Administrative Support Agreement [Member] \| Accrued Expense [Member]
Related Party Transactions [Abstract]
Related party transaction					60,000	$ 60,000	120,000	$ 120,000
Sponsor [Member] \| Unsecured Promissory Note [Member]
Related Party Transactions [Abstract]
Debt instrument convertible conversion price	$ 10
Sponsor or an Affiliate of the Sponsor, or Certain of the Company's Officers and Directors [Member]
Related Party Transactions [Abstract]
Share price (in dollars per share)			$ 10
Sponsor or an Affiliate of the Sponsor, or Certain of the Company's Officers and Directors [Member] \| Working Capital Loans [Member]
Related Party Transactions [Abstract]
Related party transaction							2,000,000
Related parties, outstanding amount					$ 10		$ 10
Share price (in dollars per share)					$ 0		$ 0		$ 0

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details)	6 Months Ended
COMMITMENTS AND CONTINGENCIES (Details)	Jun. 30, 2022 USD ($) $ / shares shares	Jan. 11, 2021 USD ($)
Underwriting Agreement [Abstract]
Deferred underwriter fee discount (in dollars per share) \| $ / shares	$ 0.35
Deferred underwriting fees \| $	$ 15,750,000	$ 15,750,000
Forward Purchase Agreement [Abstract]
Aggregate purchase price under forward purchase agreement \| $	$ 50,000,000
Warrants exercise price (in dollars per share) \| $ / shares	$ 10
Maximum [Member]
Registration and Stockholder Rights [Abstract]
Number of demands eligible security holder can make	3
Forward Purchase Agreement [Abstract]
Number of securities entitled to purchase (in shares) \| shares	5,000,000
Sponsor and Sponsors's Affiliates [Member] \| Private Placement [Member] \| Minimum [Member]
Forward Purchase Agreement [Abstract]
Percentage of collectively own outstanding shares under forward purchase agreement	25%

CLASS A ORDINARY SHARES SUBJE_2

CLASS A ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION - Additional Information (Details) - Class A Redeemable Common Stock [Member] - $ / shares	Jun. 30, 2022	Dec. 31, 2021
Temporary Equity [Line Items]
Temporary equity shares authorized	200,000,000
Temporary equity par or stated value per share	$ 0.0001
Temporary equity, shares outstanding	45,000,000	45,000,000

SHAREHOLDERS' (DEFICIT) (Detail

SHAREHOLDERS' (DEFICIT) (Details)	6 Months Ended
SHAREHOLDERS' (DEFICIT) (Details)	Jun. 30, 2022 $ / shares shares	May 31, 2022 shares	Dec. 31, 2021 $ / shares shares
Stockholders' Equity [Abstract]
Preferred stock, shares authorized (in shares)	1,000,000	1,000,000	1,000,000
Preferred stock, par value (in dollars per share) \| $ / shares	$ 0.0001		$ 0.0001
Preferred stock, shares issued (in shares)	0		0
Preference shares, shares outstanding (in shares)	0		0
Stock conversion percentage threshold	20%
Stock conversion basis at time of business combination	1
Common Class A [Member]
Stockholders' Equity [Abstract]
Common Stock, Shares Authorized	200,000,000		200,000,000
Common Stock, Par or Stated Value Per Share \| $ / shares	$ 0.0001		$ 0.0001
Voting right per share	one
Ordinary shares, shares issued (in shares)	1,100,000		1,100,000
Ordinary shares, shares outstanding (in shares)	1,100,000		1,100,000
Ordinary shares subject to possible redemption (in shares)	45,000,000		45,000,000
Class B Ordinary Shares [Member]
Stockholders' Equity [Abstract]
Common Stock, Shares Authorized	20,000,000		20,000,000
Common Stock, Par or Stated Value Per Share \| $ / shares	$ 0.0001		$ 0.0001
Voting right per share	one
Ordinary shares, shares issued (in shares)	11,250,000		11,250,000
Ordinary shares, shares outstanding (in shares)	11,250,000		11,250,000

FAIR VALUE MEASUREMENTS - Summa

FAIR VALUE MEASUREMENTS - Summary of Assets and Liabilities Measured at Fair value on a Recurring Basis (Details) - USD ($)	Jun. 30, 2022	Dec. 31, 2021
Assets:
FPA Asset	$ 28,024	$ 394,350
Fair Value, Recurring [Member] \| Fair Value, Inputs, Level 3 [Member]
Assets:
FPA Asset	28,024	394,350
Us Treasury Securities Money market Fund [Member] \| Fair Value, Recurring [Member] \| Fair Value, Inputs, Level 1 [Member]
Assets:
Investments held in Trust Account	$ 450,704,039	$ 450,028,147

FAIR VALUE MEASUREMENTS - Sum_2

FAIR VALUE MEASUREMENTS - Summary of Fair Value Measurements Inputs (Detail)	Jun. 30, 2022 yr	Dec. 31, 2021 yr
Measurement Input, Risk Free Interest Rate [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants and Rights Outstanding, Measurement Input	2.5	0.3
Measurement Input, Expected Term [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants and Rights Outstanding, Measurement Input	0.5	0.75
Measurement Input Price Probability [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants and Rights Outstanding, Measurement Input	33.3	66.7
Measurement Input, Share Price [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants and Rights Outstanding, Measurement Input	(0.02)	(0.12)

FAIR VALUE MEASUREMENTS - Sum_3

FAIR VALUE MEASUREMENTS - Summary of changes in the FPA (Asset) Liability (Details) - Fair Value, Inputs, Level 3 [Member] - USD ($)	3 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Mar. 31, 2021
FPA Asset [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value	$ (133,829)	$ (394,350)
Fair value		(133,829)	$ 1,156,478
FPA Liability [Member]
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value			1,664,090	$ 0
Recognized gain on change in fair value	(105,805)	$ 260,521	$ (507,612)	1,664,090
Fair value	$ (28,024)			$ 1,664,090

FAIR VALUE MEASUREMENTS (Detail

FAIR VALUE MEASUREMENTS (Details) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
FAIR VALUE MEASUREMENTS (Details) - USD ($)	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021	Jan. 11, 2021
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Assets held in trust	$ 450,704,039		$ 450,704,039		$ 450,028,147	$ 450,000,000
Proceeds From Interest income	0	$ 0	0	$ 0
Aggregate FPA Commitment	50,000,000		50,000,000
Excess (liability) or deficit (asset) of the fair value of the common stock to be issued	50,000,000		$ 50,000,000
Percentage of probability assigned to the consummation of business combination			33.30%		66.70%
Money Market Funds [Member] \| US Treasury Securities [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Assets held in trust	$ 450,704,039		$ 450,704,039		$ 450,028,147