Restatement of Previously Issued Financial Statements | Note 2 — Restatement of Previously Issued Financial Statements In connection with the preparation of the Company’s financial statements as of September 30, 2021, management determined it should restate its presentation of its Class A ordinary shares subject to redemption. The Company previously determined that temporary equity should consist of the Class A ordinary shares subject to possible redemption at their redemption value of $10.00 per Class A ordinary share while also taking into consideration its charter’s requirement that a redemption cannot result in net tangible assets being less than $5,000,001. Upon review of its financial statements for the quarterly period ended September 30, 2021, the Company reevaluated the classification of a portion of the Class A ordinary shares in permanent equity and determined that all Class A ordinary shares issued in the IPO can be redeemed or become redeemable subject to the occurrence of future events considered outside the Company’s control under ASC 480-10-S99. Therefore, management concluded that the Class A ordinary shares subject to possible redemption should be classified as temporary equity in its entirety. This resulted in an increase to temporary equity, with the offset recorded to additional paid-in capital (to the extent available), accumulated deficit and Class A ordinary shares. The accompanying statements of changes in shareholders' equity and cash flows no longer present the change in redeemable shares to align with the presentation of all redeemable Class A ordinary shares as temporary equity. In connection with the change in presentation for the Class A ordinary shares subject to redemption, the Company also revised its earnings per share calculation to allocate net income (loss) evenly to Class A and Class B ordinary shares. This presentation shows both classes of ordinary shares share pro rata in the income (loss) of the Company. The impact of the restatement on the Company’s financial statements is reflected in the following table. As As Reported Adjustment Restated Balance Sheet as of March 31, 2021 (per Form 10-Q filed on May 24, 2021) Ordinary shares subject to possible redemption ($) $ 79,905,570 $ 12,094,430 $ 92,000,000 Shareholders’ equity (deficit) Class A ordinary shares, $0.0001 par value 130 (121) 9 Additional paid-in capital 3,559,352 (3,559,352) — Accumulated Deficit 1,440,290 (8,534,957) (7,094,667) Total shareholders’ equity (deficit) $ 5,000,004 $ (12,094,430) $ (7,094,426) Shares subject to possible redemption 7,990,557 1,209,443 9,200,000 Statement of Operations for the Three Months Ended March 31, 2021 (per Form 10-Q filed on May 24, 2021) Weighted average shares outstanding, Redeemable Class A ordinary shares 9,292,000 (5,058,978) 4,233,022 Basic and diluted net income per share, Redeemable Class A ordinary shares $ — $ 0.23 $ 0.23 Weighted average shares outstanding, Non-redeemable Class A and Class B ordinary shares 2,158,033 — 2,158,033 Basic and diluted net income per shares, Non-redeemable Class A and Class B ordinary shares $ 0.67 $ (0.44) $ 0.23 Statement of Changes in Shareholders’ Equity as of March 31, 2021 (per Form 10-Q filed on May 24, 2021) Sale of 9,200,000 Units on February 18, 2021 through IPO, including over-allotment, net of fair value of warrant liability and offering costs $ 83,439,364 $ (83,439,364) $ — Change in Class A ordinary shares subject to possible redemption (79,905,570) 79,905,570 — Remeasurement of Class A ordinary shares subject to possible redemption against additional paid-in capital and accumulated deficit — (8,560,636) (8,560,636) Statement of Cash Flows as of March 31, 2021 (per Form 10-Q filed on May 24, 2021) Initial value of shares subject to possible redemption $ 75,523,530 $ 16,476,470 $ 92,000,000 Change in value of Class A ordinary shares subject to possible redemption $ 4,382,040 $ (4,382,040) $ — Balance Sheet as of June 30, 2021 (per Form 10-Q filed on August 5, 2021) Ordinary shares subject to possible redemption ($) $ 78,362,550 $ 13,637,450 $ 92,000,000 Shareholders’ equity (deficit) Class A ordinary shares, $0.0001 par value 146 (137) 9 Additional paid-in capitaT 5,102,357 (5,102,357) — Accumulated Deficit (102,731) (8,534,957) (8,637,688) Total shareholders’ equity (deficit) $ 5,000,004 $ (13,637,451) $ (8,637,447) Shares subject to possible redemption 7,836,255 1,363,745 9,200,000 Statement of Operations for the Three Months Ended June 30, 2021 (per Form 10-Q filed on August 5, 2021) Weighted average shares outstanding, Redeemable Class A ordinary shares 9,292,000 — 9,292,000 Basic and diluted net income per share, Redeemable Class A ordinary shares $ — $ (0.13) $ (0.13) Weighted average shares outstanding, Non-redeemable Class A and Class B ordinary shares 2,323,000 — 2,323,000 Basic and diluted net income per shares, Non-redeemable Class A and Class B ordinary shares $ (0.05) $ (0.08) $ (0.13) Statement of Operations for the Six Months Ended June 30, 2021 (per Form 10-Q filed on August 5, 2021) Weighted average shares outstanding, Redeemable Class A ordinary shares 9,292,000 (2,515,514) 6,776,486 Basic and diluted net income per share, Redeemable Class A ordinary shares $ — $ (0.01) $ (0.01) Weighted average shares outstanding, Non-redeemable Class A and Class B ordinary shares 2,242,000 (1,028) 2,240,972 Basic and diluted net income per shares, Non-redeemable Class A and Class B ordinary shares $ (0.67) $ 0.66 $ (0.01) Statement of Changes in Shareholders’ Equity as of June 30, 2021 (per Form 10-Q filed on August 5, 2021) Remeasurement in Class A ordinary shares subject to possible redemption $ 1,543,021 $ (1,543,021) $ — Statement of Cash Flows as of June 30, 2021 (per Form 10-Q filed on August 5, 2021) Initial value of shares subject to possible redemption $ 75,523,535 $ 16,476,465 $ 92,000,000 Change in value of Class A ordinary shares subject to possible redemption $ 2,839,015 $ (2,839,015) $ — |