Rocket Internet Growth Opportunities (RKTA) 10-K31 Mar 232022 FY Annual reportFinancial data

Company Profile

Cover Page

Cover Page - USD ($)	12 Months Ended
Cover Page - USD ($)	Dec. 31, 2022	Mar. 27, 2023	Jun. 30, 2022
Document Information [Line Items]
Document Type	10-K
Amendment Flag	false
Document Annual Report	true
Document Transition Report	false
Document Period End Date	Dec. 31, 2022
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	FY
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Registrant Name	ROCKET INTERNET GROWTH OPPORTUNITIES CORP.
Entity Central Index Key	0001844363
Entity File Number	001-40268
Entity Tax Identification Number	00-0000000
Entity Incorporation, State or Country Code	E9
Current Fiscal Year End Date	--12-31
Entity Shell Company	true
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Address, Address Line One	Boundary Hall
Entity Address, Address Line Two	Cricket Square
Entity Address, City or Town	Grand Cayman
Entity Address, State or Province	KY
Entity Address, Postal Zip Code	KY1-1102
City Area Code	345
Local Phone Number	815-5716
ICFR Auditor Attestation Flag	false
Entity Public Float			$ 261,126,000
Auditor Name	Marcum LLP
Auditor Firm ID	668
Auditor Location	West Palm Beach, FL
Units [Member]
Document Information [Line Items]
Title of 12(b) Security	Units, each consisting of one Class A ordinary share, $0.0001 par value, and one-fourth of one redeemable warrant
Trading Symbol	RKTAU
Security Exchange Name	NYSE
Common Class A [Member]
Document Information [Line Items]
Title of 12(b) Security	Class A ordinary shares, par value $0.0001 par value
Trading Symbol	RKTA
Security Exchange Name	NYSE
Entity Common Stock, Shares Outstanding		26,700,000
Common Class B [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		6,675,000

Balance Sheet

Balance Sheet - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Current assets
Cash	$ 30,420	$ 904,957
Prepaid expenses	62,335	270,569
Total current assets	92,755	1,175,526
Other Assets	0	59,835
Investments held in Trust Account	270,927,133	267,013,476
TOTAL ASSETS	271,019,888	268,248,837
Current liabilities
Accrued expenses	32,322	381,140
Current tax liability	830,490	0
Total current liabilities	862,812	381,140
Deferred underwriting fee	9,345,000	9,345,000
Warrant liabilities	1,225	8,848,042
Total Liabilities	10,209,037	18,574,182
Commitments and Contingencies
Class A ordinary shares subject to possible redemption, $0.0001 par value; 26,700,000 shares at December 31, 2022 and 2021 (at redemption value of $10.00 per share)	270,927,133	267,013,476
Shareholders' Deficit:
Preferred shares, $0.0001 par value; 1,000,000 shares authorized; no shares issued and outstanding	0	0
Additional paid-in capital	0	0
Accumulated deficit	(10,116,950)	(17,339,489)
Total Shareholders' Deficit	(10,116,282)	(17,338,821)
TOTAL LIABILITIES AND SHAREHOLDERS' DEFICIT	271,019,888	268,248,837
Common Class A [Member]
Current liabilities
Class A ordinary shares subject to possible redemption, $0.0001 par value; 26,700,000 shares at December 31, 2022 and 2021 (at redemption value of $10.00 per share)	270,927,133	267,013,476
Shareholders' Deficit:
Common stock, value	0	0
Common Class B [Member]
Shareholders' Deficit:
Common stock, value	$ 668	$ 668

Balance Sheet (Parenthetical)

Balance Sheet (Parenthetical) - $ / shares	Dec. 31, 2022	Dec. 31, 2021
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Temporary equity redemption price per share	$ 10
Common Class A [Member]
Temporary equity, shares subject to possible redemption	26,700,000	26,700,000
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, authorized	200,000,000	200,000,000
Common stock, issued	0	0
Common stock, outstanding	0	0
Shares subject to possible redemption	26,700,000	26,700,000
Temporary equity, par or stated value per share	$ 0.0001	$ 0.0001
Temporary equity redemption price per share	10	10
Common Class B [Member]
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, authorized	20,000,000	20,000,000
Common stock, issued	6,675,000	6,675,000
Common stock, outstanding	6,675,000	6,675,000

Statement Of Operations

Statement Of Operations - USD ($)	11 Months Ended	12 Months Ended
Statement Of Operations - USD ($)	Dec. 31, 2021	Dec. 31, 2022
Formation and operating costs	$ 667,282	$ 793,788
Loss from Operations	(667,282)	(793,788)
Other income:
Interest earned on cash and securities held in Trust Account	13,476	3,913,657
Transaction costs allocable to warrants	(561,706)	0
Unrealized gain on fair value changes of warrants	8,362,639	8,846,817
Total other income, net	7,814,409	12,760,474
Income before provision for income taxes	7,147,127	11,966,686
Provision for income taxes	0	830,490
Net income	$ 7,147,127	$ 11,136,196
Redeemable Class A Ordinary Shares [Member]
Other income:
Weighted average shares outstanding - Basic	22,180,531	26,700,000
Weighted average shares outstanding - Diluted	22,180,531	26,700,000
Basic net income per share	$ 0.25	$ 0.33
Diluted net income per share	$ 0.25	$ 0.33
Nonredeemable Class B Ordinary Shares [Member]
Other income:
Weighted average shares outstanding - Basic	6,503,835	6,675,000
Weighted average shares outstanding - Diluted	6,503,835	6,675,000
Basic net income per share	$ 0.25	$ 0.33
Diluted net income per share	$ 0.25	$ 0.33

Statement of Changes in Shareho

Statement of Changes in Shareholders' Deficit - USD ($)	Total	Additional Paid-in Capital [Member]	(Accumulated Deficit) [Member]	Common Class A [Member]	Common Class A [Member] Common Stock [Member]	Common Class B [Member]	Common Class B [Member] Common Stock [Member]
Beginning Balance at Jan. 26, 2021		$ 0			$ 0		$ 0
Beginning Balance , Shares at Jan. 26, 2021					0		0
Issuance of Class B ordinary shares to Sponsor	$ 25,000	24,281					$ 719
Issuance of Class B ordinary shares to Sponsor , Shares							7,187,500
Remeasurement of Class A ordinary shares subject to possible redemption	(24,510,948)	(24,281)	$ (24,486,667)
Forfeiture of Class B ordinary shares by Sponsor		51			$ (512,500)		$ 0
Forfeiture of Class B ordinary shares by Sponsor, Shares							(51)
Net income	7,147,127		7,147,127	$ 7,147,127		$ 7,147,127
Ending balance at Dec. 31, 2021	(17,338,821)	0	(17,339,489)		$ 0		$ 668
Ending balance , Shares at Dec. 31, 2021					0		6,675,000
Remeasurement of Class A ordinary shares subject to possible redemption	(3,913,657)	0	(3,913,657)
Net income	11,136,196		11,136,196	$ 11,966,686		$ 11,966,686
Ending balance at Dec. 31, 2022	$ (10,116,282)	$ 0	$ (10,116,950)		$ 0		$ 668
Ending balance , Shares at Dec. 31, 2022					0		6,675,000

Statements of Cash Flows

Statements of Cash Flows - USD ($)	11 Months Ended	12 Months Ended
Statements of Cash Flows - USD ($)	Dec. 31, 2021	Dec. 31, 2022
Cash Flows from Operating Activities:
Net income	$ 7,147,127	$ 11,136,196
Adjustments to reconcile net income to net cash provided by operating activities:
Interest earned on marketable securities held in Trust Account	(13,476)	(3,913,657)
Transaction costs incurred in connection with Initial Public Offering	561,706	0
Unrealized gain on fair value changes of warrants	(8,362,639)	(8,846,817)
Changes in operating assets and liabilities:
Prepaid expense	(270,569)	208,234
Other assets	(59,835)	59,835
Accrued expenses	381,140	(348,818)
Accrued tax liability	0	830,490
Net cash used in operating activities	(616,547)	(874,537)
Cash Flows from Investing Activities:
Purchase of investment held in Trust Account	(267,000,000)	0
Net cash used in investing activities	(267,000,000)	0
Cash Flows from Financing Activities:
Proceeds from sale of Units, net of underwriting discounts	261,660,000	0
Proceeds from sale of Private Warrants	7,340,000	0
Proceeds from issuance of Class B ordinary shares to Sponsor	25,000	0
Proceeds from issuance of promissory note to Sponsor	125,491	0
Payments on promissory note issued to Sponsor	(125,491)	0
Payment of deferred offering costs	(503,496)	0
Net cash provided by financing activities	268,521,504	0
Net Change in Cash	904,957	(874,537)
Cash – Beginning	0	904,957
Cash – Ending	904,957	30,420
Supplemental Disclosure of Non-cash Financing Activities:
Initial recognition of ordinary shares subject to possible redemption including overallotment	267,000,000	0
Deferred underwriter fee charged to additional paid-in capital	9,345,000	0
Initial recognition of warrant liability	17,210,681	0
Remeasurement of Class A ordinary shares subject to possible redemption	$ 0	$ 3,913,657

Description Of Organization And

Description Of Organization And Business Operations	12 Months Ended
Description Of Organization And Business Operations	Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description Of Organization And Business Operations	NOTE 1. DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS Rocket Internet Growth Opportunities Corp. (the “Company”) was incorporated as a Cayman Islands exempted company on January 27, 2021 (“Inception”). 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 (the “Business Combination”). As of December 31, 2022, the Company had not commenced any operations. All activity from inception through December 31, 2022 relates to the Company’s formation and its initial public offering (the “Initial Public Offering” or “IPO”) which is described below, and 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 generates non-operating income non-operating The registration statement for the Company’s IPO was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on March 22, 2021 (the “Effective Date”). On March 25, 2021, the Company consummated the IPO of 25,000,000 units (the “Units”). On March 26, 2021, the underwriter partially exercised its over-allotment option and purchased an additional 1,700,000 Units, which purchase settled on March 30, 2021, at $10.00 per Unit, generating aggregate gross proceeds of $267,000,000, which is discussed in Note 3. Each Unit consists of one Class A ordinary share and one-fourth of Simultaneously with the closing of the IPO, the Company consummated the sale of 4,666,667 warrants (the “Private Placement Warrants”), at a price of $1.50 per Private Placement Warrant, in a private placement to Rocket Internet Growth Opportunities Sponsor GmbH, a German limited liability company (the “Sponsor”), generating gross proceeds of $7,000,000, which is discussed in Note 4. On March 30, 2021, the Sponsor purchased an additional 226,666 Private Placement Warrants generating gross proceeds of $340,000, which was used to pay the underwriting discount of 2% of the over-allotment gross proceeds. Transaction costs of the IPO (including the partial exercise of the underwriter’s over-allotment option) amounted to $15,188,496 consisting of $5,340,000 of underwriting discount, $9,345,000 of deferred underwriting discount, and $503,496 of other offering costs. Of the total transaction costs $561,706 was reclassified to expense as non-operating Following consummation of the IPO on March 25, 2021 and the settlement of the partial exercise of the over-allotment on March 30, 2021, an aggregate of $267,000,000 ($10.00 per Unit) from the net offering proceeds of the sale of the Units in the IPO and the sale of the Placement Warrants was placed in a trust account (the “Trust Account”) and invested in United States “government securities” within the meaning of Section 2(a)(16) of the Investment Company Act having a maturity of 185 days or less or in money market funds meeting certain conditions under Rule 2a-7 promulgated under pre-initial The Company will provide holders of its Class A ordinary shares (the “public shareholders”) sold in the IPO (the “public shares”), with the opportunity to redeem all or a portion of their public shares upon the completion of a Business Combination either (i) in connection with a general meeting called to approve the Business Combination or (ii) without a shareholder vote 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 made by the Company, solely in its discretion. The public shareholders will be entitled to redeem their public shares at a per-share price, payable share. The per-share amount to If the Company does not complete 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 the public shares, at aper-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest (which interest shall be net of taxes payable and up to $100,000 of interest to pay dissolution expenses), divided by the number of then issued and outstanding public shares, which redemption will completely extinguish public shareholders’ rights as shareholders (including the right to receive further liquidation distributions, if any) and (iii) as promptly as reasonably possible following such redemption, subject to the approval of the remaining shareholders and the board of directors, liquidate and dissolve, subject in each case to the Company’s obligations under Cayman Islands law to provide for claims of creditors and other requirements of applicable law. The Sponsor has agreed that it will be liable to the Company if and to the extent any claims by a third party for services rendered or products sold to the Company, or a prospective target business with which the Company has entered into a written letter of intent, confidentiality or other similar agreement or Business Combination agreement, reduce the amount of funds in the Trust Account to below the lesser of (i) $10.00 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 $10.00 per share due to reductions in the value of the trust assets, less taxes payable, provided that such liability will not apply to any claims by a third party or prospective target business who executed a waiver of any and all rights to the monies held in the Trust Account (whether or not such waiver is enforceable) nor will it apply to any claims under the Company’s indemnity of the underwriter of the IPO against certain liabilities, including liabilities under the Securities Act of 1933, as amended (the “Securities Act”). However, the Company has not asked the Sponsor to reserve for such indemnification obligations, nor has the Company independently verified whether the Sponsor has sufficient funds to satisfy its indemnity obligations and the Company believes that the Sponsor’s only assets are securities of the Company. Therefore, the Company cannot assure that the Sponsor would be able to satisfy those obligations. Risks and Uncertainties Management is continuing to evaluate the impact of the COVID-19 pandemic Liquidity and Going Concern Consideration As of December 31, 2022, the Company had $30,420 in its operating bank account and working capital deficit of $ 770,057. All remaining cash was held in the trust account and is generally unavailable for our use, prior to an initial business combination or liquidation. We have determined that we may need to raise additional funds in order to meet the expenditures required for operating our business prior to our initial business combination or liquidation, including working capital, costs of identifying a target business, undertaking in-depth 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 Form 10-K. These financial statements do not include any adjustments relating to the recovery of the recorded assets or the classification of the liabilities that might be necessary should the Company be unable to continue as a going concern.

Summary Of Significant Accounti

Summary Of Significant Accounting Policies	12 Months Ended
Summary Of Significant Accounting Policies	Dec. 31, 2022
Accounting Policies [Abstract]
Summary Of Significant Accounting Policies	NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying 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 Securities and Exchange Commission (the “SEC”). 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 independent registered public accounting firm attestation requirements of Section 404 of the Sarbanes-Oxley Act, 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 stockholder 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 financial statements in conformity with U.S. 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 financial statements and the reported amounts of expenses during the reporting period. Actual results could differ from those estimates. 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 statements, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. One of the more significant accounting estimates included in these financial statements is the determination of the fair value of the warrant liability. 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 December 31, 2022 and 2021. Investments Held in Trust Account At December 31, 2022 and 2021, substantially all of the assets held in the Trust Account were held in money market funds which invest in U.S. Treasury securities. Warrant Liabilities The Company does not use derivative instruments to hedge exposures to cash flow, market, or foreign currency risks. The Company evaluates all of its financial instruments, including issued stock purchase warrants, to determine if such instruments are derivatives or contain features that qualify as embedded derivatives, pursuant to ASC 480 and ASC 815-15. re-assessed The Company accounts for its 11,568,333 ordinary share warrants issued in connection with its Initial Public Offering (6,675,000) and Private Placement (4,893,333) as derivative warrant liabilities in accordance with ASC815-40. to re-measurement Offering Costs Associated with the Initial Public Offering The Company complies with the requirements of the ASC 340-10-S99-1. Offering costs as non-operating expenses Ordinary Shares Subject to Possible Redemption All of the 26,700,000 Class A Ordinary Shares sold as part of the Units in the Public Offering contain a redemption feature which allows for the redemption of such public shares in connection with the Company’s liquidation, if there is a shareholder vote or tender offer in connection with the Business Combination and in connection with certain amendments to the Company’s charter. In accordance with SEC and its staff’s guidance on redeemable equity instruments, which has been codified in ASC 480-10-S99, The Company recognizes changes in redemption value immediately as they occur and adjusts the carrying value of redeemable ordinary share to equal the redemption value at the end of each reporting period. Increases or decreases in the carrying amount of redeemable ordinary share are affected by charges against additional paid in capital and accumulated deficit. The dissolution expense of $100,000 is not included in the redemption value of the shares subject to redemption since it is only taken into account in the event of the Company’s liquidation. As of December 31, 2022 and 2021, the amount of Class A ordinary shares reflected on the balance sheets are reconciled in the following table: Gross proceeds $ 267,000,000 Less: Proceeds allocated to Public Warrants (9,874,575 ) Class A ordinary shares issuance costs (14,626,790 ) Plus: Remeasurement of carrying value to redemption value 24,501,365 Interest earned on investments held in Trust account 13,476 Class A ordinary shares subject to possible redemption, 12/31/2021 267,013,476 Interest earned on investments held in Trust account 3,913,657 Class A ordinary shares subject to possible redemption, 12/31/2022 $ 270,927,133 Income Taxes The Company follows the asset and liability method of accounting for income taxes under FASB ASC 740, “Income Taxes.” Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statements carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that included the enactment date. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized. FASB ASC 740 prescribes a recognition threshold and a measurement attribute for the financial statements 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. There were no The following is a summary of the Company’s current and deferred tax liability: 2022 Current tax $ 830,490 Deferred tax — Total tax liability $ 830,490 A reconciliation of the statutory federal income tax rate (benefit) to the Company’s effective tax rate (benefit) is as follows for the year ended December 31, 2022: 2022 Statutory federal income tax rate (benefit) 0.000 % German Tax rate 6.90 % Effective tax rate 6.90 % Net Income Per Ordinary Share The Company complies with accounting and disclosure requirements of FASB ASC Topic 260, Earnings Per Share. Net shares and The Company’s statement of income applies the two-class share The Company’s net income is adjusted for the portion of net income that is allocable to each class of ordinary shares. The allocable net income is calculated by multiplying net income by the ratio of weighted average number of shares outstanding attributable to Class A and Class B ordinary shares to the total weighted average number of shares outstanding for the period. Accordingly, basic and diluted income per ordinary share is calculated as follows: Year Ended For the Class A Class B Class A Class B Net income per share for Class A ordinary shares: Net income $ 11,966,686 $ 11,966,686 $ 7,147,127 $ 7,147,127 Less: Allocation of income to Class B ordinary shares 2,393,337 9,573,349 1,620,525 5,526,602 Adjusted net income 9,573,349 2,393,337 5,526,602 1,620,525 Weighted average shares outstanding of Class A ordinary shares 26,700,000 6,675,000 22,180,531 6,503,835 Basic and diluted net income per share, Class A ordinary shares $ 0.36 $ 0.36 $ 0.25 $ 0.25 Fair Value of Financial Instruments The Company follows the guidance in ASC 820, “Fair Value Measurement,” for its financial assets and liabilities that are re-measured and and non-financial assets are re-measured and 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 — Valuations based on unadjusted quoted prices in active markets for identical assets or liabilities that the Company has the ability to access. Valuation adjustments and block discounts are not being applied. Since valuations are based on quoted prices that are readily and regularly available in an active market, valuation of these securities does not entail a significant degree of judgment. Level 2 — Valuations based on (i) quoted prices in active markets for similar assets and liabilities, (ii) quoted prices in markets that are not active for identical or similar assets, (iii) inputs other than quoted prices for the assets or liabilities, or (iv) inputs that are derived principally from or corroborated by market through correlation or other means. Level 3 — Valuations based on inputs that are unobservable and significant to the overall fair value measurement. See Note 8 for additional information on assets and liabilities measured at fair value. Concentration of Credit Risk Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash accounts in a financial institution, which, at times, may exceed the federal depository insurance coverage of $250,000. The Company has not experienced losses on these accounts. Recent Accounting Pronouncements In August 2020, the FASB issuedASU2020-06, Debt-Debt with Conversion and Other Options (Subtopic470-20)and (Subtopic815-40):Accounting (“ASU2020-06”),which The Company’s management does not believe that any other recently issued, but not effective, accounting standards, if currently adopted, would have a material effect on the accompanying financial statements.

Initial Public Offering

Initial Public Offering	12 Months Ended
Initial Public Offering	Dec. 31, 2022
Stockholders' Equity Note [Abstract]
Initial Public Offering	NOTE 3. INITIAL PUBLIC OFFERING Public Units On March 25, 2021, the Company sold 25,000,000 Units, and on March 26, 2021, the underwriter partially exercised its over-allotment option to purchase an additional 1,700,000 Units, which purchase settled on March 30, 2021, at $10.00 per Unit, generating aggregate gross proceeds of $267,000,000. Each Unit consists of one Class A ordinary share and one-fourth of Public Warrants Each whole warrant entitles the registered holder to purchase one Class A ordinary share at a price of $11.50 per share, subject to adjustment, at any time commencing on the later of one year from the closing of the Proposed Public Offering and 30 days after the completion of the initial Business Combination. The warrants will expire five years after the completion of the initial Business Combination, at 5:00 p.m., New York City time, or earlier upon redemption or liquidation. If a registration statement covering the Class A ordinary shares issuable upon exercise of the warrants is not effective by the sixtieth (60th) business day after the closing of the initial Business Combination, warrant holders may, until such time as there is an effective registration statement and during any period when the Company will have failed to maintain an effective registration statement, exercise warrants on a “cashless basis” in accordance with Section 3(a)(9) of the Securities Act or another exemption from registration. Notwithstanding the above, if the Class A ordinary shares are at the time of any exercise of a warrant not listed on a national securities exchange such that they satisfy the definition of a “covered security” under Section 18(b)(1) of the Securities Act, the Company may, at its option, require holders of public warrants who exercise their warrants to do so on a “cashless basis” in accordance with Section 3(a)(9) of the Securities Act and, in the event the Company so elects, it will not be required to file or maintain an effective registration statement, and in the event the Company does not so elect, it will use commercially reasonable efforts to register or qualify the shares under applicable blue sky laws to the extent an exemption is not available. In such event, each holder would pay the exercise price by surrendering each such warrant for that number of Class A ordinary shares equal to the lesser of (A) the quotient obtained by dividing (x) the product of the number of Class A ordinary shares underlying such warrant multiplied by the excess of the “fair market value” (defined below) over the exercise price of the warrants by (y) the fair market value and (B) 0.361. The “fair market value” as used in this paragraph shall mean the volume-weighted average price of the Class A ordinary shares for the 10 trading days ending on the trading day prior to the date on which the notice of exercise is received by the warrant agent. Redemption of Warrants When the Price per Class A Ordinary Share Equals or Exceeds $18.00 Once the warrants become exercisable, the Company may call the warrants for redemption: • in whole and not in part; • at a price of $0.01 per warrant; • upon not less than30days’ prior written notice of redemption(the “30-day redemption • if, and only if, the closing price of the Class A ordinary shares equals or exceeds $18.00 per share (as adjusted for adjustments to the number of shares issuable upon exercise or the exercise price of a warrant) for any 20 trading days within a 30-trading day period Redemption of Warrants When the Price per Class A Ordinary Share Equals or Exceeds $10.00 Once the warrants become exercisable, the Company may call the warrants for redemption: • in whole and not in part; • at $0.10 per warrant upon a minimum of 30 days’ prior written notice of redemption, provided that holders will be able to exercise their warrants on a cashless basis prior to redemption and receive that number of Class A ordinary shares to be determined by the redemption date and the “fair market value” of the Company’s Class A ordinary shares; • if, and only if, the closing price of the Class A ordinary shares equals or exceeds $10.00 per share (as adjusted for adjustments to the number of shares issuable upon exercise or the exercise price of a warrant) for any 20 trading days within the 30-trading day period • if the closing price of the Class A ordinary shares for any 20 trading days within a 30-trading day period The “fair market value” of the Company’s Class A ordinary shares for the above purpose shall mean the volume-weighted average price of the Class A ordinary shares during the 10 trading days immediately following the date on which the notice of redemption is sent to the holders of warrants. This redemption feature differs from the typical warrant redemption features used in many other blank check offerings. In no event will the warrants be exercisable in connection with this redemption feature for more than 0.361 Class A ordinary shares per warrant (subject to adjustment). In addition, if (x) the Company issues 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 Class A 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 initial shareholders or their affiliates, without taking into account any founder shares held by the initial shareholders 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, plus 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 Class A ordinary shares during the 10-trading day period

Private Placement

Private Placement	12 Months Ended
Private Placement	Dec. 31, 2022
Equity [Abstract]
Private Placement	NOTE 4. PRIVATE PLACEMENT Simultaneously with the closing of the IPO, the Company’s Sponsor purchased an aggregate of 4,666,667 Private Placement Warrants at a price of $1.50 per Private Placement Warrant, for an aggregate purchase price of $7,000,000, in a private placement. A portion of the proceeds from the private placement was added to the proceeds from the IPO held in the Trust. On March 30, 2021, the Sponsor purchased an additional 226,666 Private Placement Warrants generating gross proceeds of $340,000, which was used to pay the underwriting discount of 2% of the IPO over-allotment gross proceeds. If the Private Placement Warrants are held by holders other than the Sponsor or its permitted transferees, the Private Placement Warrants will be redeemable by the Company and exercisable by the holders on the same basis as the Public Warrants. The Sponsor, officers and directors have entered into a letter agreement with the Company, pursuant to which they have agreed to: (i) waive their redemption rights with respect to their founder shares (described in Note 5) and public shares in connection with the completion of the initial Business Combination; (ii) waive their redemption rights with respect to their founder shares and public shares in connection with a shareholder vote to approve an amendment to the Company’s amended and restated memorandum and articles of association (A) to modify the substance or timing of the Company’s obligation to allow redemption in connection with the initial Business Combination or to redeem 100% of the public shares if the Company has not consummated an initial Business Combination within the Combination Period or (B) with respect to any other material provisions relating to shareholders’ rights or pre-initial Business Combination

Related Party Transactions

Related Party Transactions	12 Months Ended
Related Party Transactions	Dec. 31, 2022
Related Party Transactions [Abstract]
Related Party Transactions	NOTE 5. RELATED PARTY TRANSACTIONS Founder Shares On February 1, 2021, the Sponsor paid $25,000, or approximately $0.003 per share, to cover certain offering costs in consideration for 7,187,500 Class B ordinary shares, par value $0.0001 per share (the “founder shares”). Up to 937,500 founder shares were subject to forfeiture depending on the extent to which the underwriter’s over-allotment option is exercised. On March 26, 2021, the underwriter partially exercised its over-allotment option to purchase an additional 1,700,000 Units, which purchase settled on March 30, 2021, which resulted in 425,000 Class B ordinary shares no longer being subject to forfeiture. On May 6, 2021, the Sponsor forfeited 512,500 founder shares for no consideration as a result of the underwriter not exercising the remainder of the over-allotment option. The initial shareholders have agreed not to transfer, assign or sell any of their founder shares and any Class A ordinary shares issued upon conversion thereof until the earlier to occur of: (A) one year after the completion of the initial Business Combination; or (B) subsequent to the initial Business Combination, (x) if the last reported sale price of the Class A ordinary shares equals or exceeds $12.00 per share (as adjusted for share sub-divisions, like) for any 20 trading days within any 30-trading day period Administrative Support Agreement Commencing on the date its securities were first listed on the New York Stock Exchange, the Company agreed to pay the Sponsor $10,000 per month for office space, utilities, secretarial and administrative support services provided to members of the Company’s management team. Upon completion of the initial Business Combination or the Company’s liquidation, the Company will cease paying these monthly fees. For the year ended December 31, 2022, the Company incurred $120,000 in fees for these services, of which $30,000 is recorded as accrued expenses in the balance sheets. For the period from January 27, 2021 (Inception) through December 31, 2021, the Company has recorded an aggregate of $92,580 in service fee expense with a balance of $42,580. Promissory Note — Related Party On February 1, 2021, the Sponsor agreed to loan the Company up to $300,000 to cover expenses related to the IPO pursuant to a promissory note (the “Note”). This loan was non-interest Working Capital Loans In addition, 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. In the event that the initial Business Combination does not close, the Company may use a portion of the working capital held outside the Trust Account to repay such loaned amounts but no proceeds from the Trust Account would be used to repay such loaned amounts. Up to $2,000,000 of such loans may be convertible into Private Placement Warrants of the post-Business Combination entity at a price of $1.50 per warrant at the option of the lender. Such warrants would be identical to the Private Placement Warrants. Through December 31, 2022, the Company made no borrowings under the Working Capital Loans.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
Commitments and Contingencies	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	NOTE 6. COMMITMENTS AND CONTINGENCIES Underwriting Agreement The underwriter had a 45-day option Upon consummation of the IPO on March 25, 2021 and settlement of the purchased over-allotment on March 30, 2021, the underwriter was paid a cash underwriting fee of 2.0% of the gross proceeds, or $5,340,000 in the aggregate. The underwriter is entitled to a deferred underwriting discount of 3.5% of the gross proceeds of the IPO and purchased over-allotment, or $9,345,000 in the aggregate. The deferred fee will be payable to the underwriter from the amounts held in the Trust Account solely in the event that the Company completes an initial Business Combination, subject to the terms of the underwriting agreement. Registration Rights The holders of the (i) founder shares, which were issued in a private placement prior to the closing of the IPO, (ii) Private Placement Warrants, which were issued in a private placement simultaneously with the closing of the IPO and the Class A ordinary shares underlying such Private Placement Warrants and (iii) Private Placement Warrants that may be issued upon conversion of working capital loans have registration rights to require the Company to register a sale of any of the Company’s securities held by them pursuant to a registration rights agreement signed on the effective date of the IPO. The holders of these securities are entitled to make up to three demands, excluding short form demands, that the Company registers such securities. In addition, the holders have certain “piggy-back” registration rights with respect to registration statements filed subsequent to the completion of the initial Business Combination. The Company will bear the expenses incurred in connection with the filing of any such registration statements.

Shareholders' Deficit

Shareholders' Deficit	12 Months Ended
Shareholders' Deficit	Dec. 31, 2022
Stockholders' Equity Note [Abstract]
Shareholders' Deficit	NOTE 7. SHAREHOLDERS’ DEFICIT Preference Shares Class A Ordinary Shares Class B Ordinary Shares Only holders of Class B ordinary shares will have the right to vote on the appointment or removal of directors prior to the completion of the initial Business Combination, meaning that holders of Class A ordinary shares will not have the right to appoint any directors until after the completion of the initial Business Combination. On any other matters submitted to a vote of the shareholders, holders of the Class B ordinary shares and holders of the Class A ordinary shares will vote together as a single class, with each share entitling the holder to one vote, except that in a vote to continue the Company in a jurisdiction outside the Cayman Islands, holders of Class B ordinary shares will have ten votes per share and holders of Class A ordinary shares will have one vote per share, and except as required by law or the applicable stock exchange rules then in effect. The founder shares will automatically convert into Class A ordinary shares at the time of the initial Business Combination, or earlier at the option of the holder, on a one-for-one basis subject adjustmentfor share sub-divisions, share capitalizations, less than one-for-one basis.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
Fair Value Measurements	Dec. 31, 2022
Fair Value Disclosures [Abstract]
Fair Value Measurements	NOTE 8. FAIR VALUE MEASUREMENTS The following table presents information about the Company’s assets and liabilities that are measured at fair value on a recurring basis at December 31, 2022, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value: December 31, Quoted Significant Significant Assets: Investments held in Trust Account $ 270,927,133 $ 270,927,133 $ — $ — Liabilities: Public Warrants Liability $ 668 $ 668 $ — $ — Private Placement Warrants Liability 557 — — 557 $ 1,225 $ 668 $ — $ 557 The following table presents information about the Company’s asset and liabilities that were measured at fair value on December 31, 2021, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value: December 31, Quoted Significant Significant Assets: Investments held in Trust Account $ 267,013,476 $ 267,013,476 $ — $ — Liabilities: Public Warrants Liability $ 5,073,000 $ 5,073,000 $ — $ — Private Placement Warrants Liability 3,775,042 — — 3,775,042 $ 8,848,042 $ 5,073,000 $ — $ 3,775,042 The Warrants are accounted for as liabilities in accordance with ASC 815-40 and The Company established the initial fair value of the Public Warrants and Private Warrants on March 25, 2021, the date of the Company’s Initial Public Offering, using a Monte Carlo simulation model. As of December 31, 2022, the fair value for the Private Warrants was estimated using a Monte Carlo simulation model, and the fair value of the Public Warrants by reference to the quoted market price. The Public Warrants have traded on the New York Stock Exchange since May 31, 2021, under the trading symbol RKTAW. The Public and Private Warrants were classified as Level 3 at the initial measurement date, and the Private Warrants were classified as Level 3 as of December 31, 2022 due to the use of unobservable inputs. During the three months ended December 31 The following table presents the changes in Level 3 liabilities for the year ended December 31, 2022: Fair Value at December 31, 2021 $ 3,775,042 Change in fair value of private warrants (3,774,485 ) Fair Value at December 31, 2022 $ 557 Inherent in a Monte Carlo simulation model are assumptions related to expected share-price volatility, expected life, and risk-free interest rate. The Company estimates the volatility of its ordinary shares based on historical volatility of comparable SPAC warrants that matches the expected remaining life of the Warrants. The risk-free interest rate is based on the U.S. Treasury zero-coupon The key inputs into the Monte Carlo simulation as of December 31, 2022 and 2021 were as follows: Inputs December 31, December 31, Risk-free interest rate 4.75 % 1.35 % Expected term remaining (years) 0.69 5.95 Expected volatility 3.9 % 13.10 % Share price $ 10.10 $ 9.80

Subsequent Events

Subsequent Events	12 Months Ended
Subsequent Events	Dec. 31, 2022
Subsequent Events [Abstract]
Subsequent Events	NOTE 9. SUBSEQUENT EVENTS The Company evaluated subsequent events and transactions that occurred after the balance sheet date up to the date that the 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 financial statements, other than described below. On March 14, 2023, we announced that we do not expect to consummate an initial business combination before our mandatory liquidation date of March 25, 2023. Due to our inability to consummate an initial business combination within the time period required by our amended and restated memorandum and articles of association, we are redeeming our public shares in accordance with the provisions of our amended and restated articles memorandum and articles of association. There will be no redemption rights or liquidating distributions with respect to our warrants, which will expire worthless.

Summary Of Significant Accoun_2

Summary Of Significant Accounting Policies (Policies)	12 Months Ended
Summary Of Significant Accounting Policies (Policies)	Dec. 31, 2022
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying 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 Securities and Exchange Commission (the “SEC”).
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 independent registered public accounting firm attestation requirements of Section 404 of the Sarbanes-Oxley Act, 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 stockholder 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 financial statements in conformity with U.S. 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 financial statements and the reported amounts of expenses during the reporting period. Actual results could differ from those estimates. 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 statements, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. One of the more significant accounting estimates included in these financial statements is the determination of the fair value of the warrant liability. 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 December 31, 2022 and 2021.
Investments Held in Trust Account	Investments Held in Trust Account At December 31, 2022 and 2021, substantially all of the assets held in the Trust Account were held in money market funds which invest in U.S. Treasury securities.
Warrant Liabilities	Warrant Liabilities The Company does not use derivative instruments to hedge exposures to cash flow, market, or foreign currency risks. The Company evaluates all of its financial instruments, including issued stock purchase warrants, to determine if such instruments are derivatives or contain features that qualify as embedded derivatives, pursuant to ASC 480 and ASC 815-15. re-assessed The Company accounts for its 11,568,333 ordinary share warrants issued in connection with its Initial Public Offering (6,675,000) and Private Placement (4,893,333) as derivative warrant liabilities in accordance with ASC815-40. to re-measurement
Offering Costs Associated with the Initial Public Offering	Offering Costs Associated with the Initial Public Offering The Company complies with the requirements of the ASC 340-10-S99-1. Offering costs as non-operating expenses
Ordinary Shares Subject to Possible Redemption	Ordinary Shares Subject to Possible Redemption All of the 26,700,000 Class A Ordinary Shares sold as part of the Units in the Public Offering contain a redemption feature which allows for the redemption of such public shares in connection with the Company’s liquidation, if there is a shareholder vote or tender offer in connection with the Business Combination and in connection with certain amendments to the Company’s charter. In accordance with SEC and its staff’s guidance on redeemable equity instruments, which has been codified in ASC 480-10-S99, The Company recognizes changes in redemption value immediately as they occur and adjusts the carrying value of redeemable ordinary share to equal the redemption value at the end of each reporting period. Increases or decreases in the carrying amount of redeemable ordinary share are affected by charges against additional paid in capital and accumulated deficit. The dissolution expense of $100,000 is not included in the redemption value of the shares subject to redemption since it is only taken into account in the event of the Company’s liquidation. As of December 31, 2022 and 2021, the amount of Class A ordinary shares reflected on the balance sheets are reconciled in the following table: Gross proceeds $ 267,000,000 Less: Proceeds allocated to Public Warrants (9,874,575 ) Class A ordinary shares issuance costs (14,626,790 ) Plus: Remeasurement of carrying value to redemption value 24,501,365 Interest earned on investments held in Trust account 13,476 Class A ordinary shares subject to possible redemption, 12/31/2021 267,013,476 Interest earned on investments held in Trust account 3,913,657 Class A ordinary shares subject to possible redemption, 12/31/2022 $ 270,927,133
Income Taxes	Income Taxes The Company follows the asset and liability method of accounting for income taxes under FASB ASC 740, “Income Taxes.” Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statements carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that included the enactment date. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized. FASB ASC 740 prescribes a recognition threshold and a measurement attribute for the financial statements 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. There were no The following is a summary of the Company’s current and deferred tax liability: 2022 Current tax $ 830,490 Deferred tax — Total tax liability $ 830,490 A reconciliation of the statutory federal income tax rate (benefit) to the Company’s effective tax rate (benefit) is as follows for the year ended December 31, 2022: 2022 Statutory federal income tax rate (benefit) 0.000 % German Tax rate 6.90 % Effective tax rate 6.90 %
Net Income Per Ordinary Share	Net Income Per Ordinary Share The Company complies with accounting and disclosure requirements of FASB ASC Topic 260, Earnings Per Share. Net shares and The Company’s statement of income applies the two-class share The Company’s net income is adjusted for the portion of net income that is allocable to each class of ordinary shares. The allocable net income is calculated by multiplying net income by the ratio of weighted average number of shares outstanding attributable to Class A and Class B ordinary shares to the total weighted average number of shares outstanding for the period. Accordingly, basic and diluted income per ordinary share is calculated as follows: Year Ended For the Class A Class B Class A Class B Net income per share for Class A ordinary shares: Net income $ 11,966,686 $ 11,966,686 $ 7,147,127 $ 7,147,127 Less: Allocation of income to Class B ordinary shares 2,393,337 9,573,349 1,620,525 5,526,602 Adjusted net income 9,573,349 2,393,337 5,526,602 1,620,525 Weighted average shares outstanding of Class A ordinary shares 26,700,000 6,675,000 22,180,531 6,503,835 Basic and diluted net income per share, Class A ordinary shares $ 0.36 $ 0.36 $ 0.25 $ 0.25
Fair Value of Financial Instruments	Fair Value of Financial Instruments The Company follows the guidance in ASC 820, “Fair Value Measurement,” for its financial assets and liabilities that are re-measured and and non-financial assets are re-measured and 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 — Valuations based on unadjusted quoted prices in active markets for identical assets or liabilities that the Company has the ability to access. Valuation adjustments and block discounts are not being applied. Since valuations are based on quoted prices that are readily and regularly available in an active market, valuation of these securities does not entail a significant degree of judgment. Level 2 — Valuations based on (i) quoted prices in active markets for similar assets and liabilities, (ii) quoted prices in markets that are not active for identical or similar assets, (iii) inputs other than quoted prices for the assets or liabilities, or (iv) inputs that are derived principally from or corroborated by market through correlation or other means. Level 3 — Valuations based on inputs that are unobservable and significant to the overall fair value measurement. See Note 8 for additional information on assets and liabilities measured at fair value.
Concentration of Credit Risk	Concentration of Credit Risk Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash accounts in a financial institution, which, at times, may exceed the federal depository insurance coverage of $250,000. The Company has not experienced losses on these accounts.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In August 2020, the FASB issuedASU2020-06, Debt-Debt with Conversion and Other Options (Subtopic470-20)and (Subtopic815-40):Accounting (“ASU2020-06”),which The Company’s management does not believe that any other recently issued, but not effective, accounting standards, if currently adopted, would have a material effect on the accompanying financial statements.

Summary Of Significant Accoun_3

Summary Of Significant Accounting Policies (Tables)	12 Months Ended
Summary Of Significant Accounting Policies (Tables)	Dec. 31, 2022
Accounting Policies [Abstract]
Summary of Basic And Diluted Loss Per Ordinary Share	Year Ended For the Class A Class B Class A Class B Net income per share for Class A ordinary shares: Net income $ 11,966,686 $ 11,966,686 $ 7,147,127 $ 7,147,127 Less: Allocation of income to Class B ordinary shares 2,393,337 9,573,349 1,620,525 5,526,602 Adjusted net income 9,573,349 2,393,337 5,526,602 1,620,525 Weighted average shares outstanding of Class A ordinary shares 26,700,000 6,675,000 22,180,531 6,503,835 Basic and diluted net income per share, Class A ordinary shares $ 0.36 $ 0.36 $ 0.25 $ 0.25
Summary of Class A Ordinary Shares Reflected On the Balance Sheet	As of December 31, 2022 and 2021, the amount of Class A ordinary shares reflected on the balance sheets are reconciled in the following table: Gross proceeds $ 267,000,000 Less: Proceeds allocated to Public Warrants (9,874,575 ) Class A ordinary shares issuance costs (14,626,790 ) Plus: Remeasurement of carrying value to redemption value 24,501,365 Interest earned on investments held in Trust account 13,476 Class A ordinary shares subject to possible redemption, 12/31/2021 267,013,476 Interest earned on investments held in Trust account 3,913,657 Class A ordinary shares subject to possible redemption, 12/31/2022 $ 270,927,133
Schedule of Deferred Tax Assets and Liabilities	The following is a summary of the Company’s current and deferred tax liability: 2022 Current tax $ 830,490 Deferred tax — Total tax liability $ 830,490
Schedule of Income Tax Provision	A reconciliation of the statutory federal income tax rate (benefit) to the Company’s effective tax rate (benefit) is as follows for the year ended December 31, 2022: 2022 Statutory federal income tax rate (benefit) 0.000 % German Tax rate 6.90 % Effective tax rate 6.90 %

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
Fair Value Measurements (Tables)	Dec. 31, 2022
Fair Value Disclosures [Abstract]
Summary of Fair Value, Assets and Liabilities Measured on 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 December 31, 2022, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value: December 31, Quoted Significant Significant Assets: Investments held in Trust Account $ 270,927,133 $ 270,927,133 $ — $ — Liabilities: Public Warrants Liability $ 668 $ 668 $ — $ — Private Placement Warrants Liability 557 — — 557 $ 1,225 $ 668 $ — $ 557 The following table presents information about the Company’s asset and liabilities that were measured at fair value on December 31, 2021, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value: December 31, Quoted Significant Significant Assets: Investments held in Trust Account $ 267,013,476 $ 267,013,476 $ — $ — Liabilities: Public Warrants Liability $ 5,073,000 $ 5,073,000 $ — $ — Private Placement Warrants Liability 3,775,042 — — 3,775,042 $ 8,848,042 $ 5,073,000 $ — $ 3,775,042
Summary of Fair Value Measurement Inputs and Valuation Techniques	The following table presents the changes in Level 3 liabilities for the year ended December 31, 2022: Fair Value at December 31, 2021 $ 3,775,042 Change in fair value of private warrants (3,774,485 ) Fair Value at December 31, 2022 $ 557
Fair Value Measurements, Recurring and Nonrecurring	The key inputs into the Monte Carlo simulation as of December 31, 2022 and 2021 were as follows: Inputs December 31, December 31, Risk-free interest rate 4.75 % 1.35 % Expected term remaining (years) 0.69 5.95 Expected volatility 3.9 % 13.10 % Share price $ 10.10 $ 9.80

Description Of Organization A_2

Description Of Organization And Business Operations - Additional Information (Details) - USD ($)					11 Months Ended	12 Months Ended
	Mar. 31, 2021	Mar. 30, 2021	Mar. 26, 2021	Mar. 25, 2021	Dec. 31, 2021	Dec. 31, 2022
Proceeds from issuance of common stock					$ 25,000	$ 0
Class of warrants or rights exercise price per unit of warrant						$ 18
Transaction costs					$ 503,496	$ 0
Underwriting expenses	$ 5,340,000
Deferred underwriting discount	9,345,000
other offering costs	503,496
Price per share						$ 10
Estimated expenses payable on liquidation						$ 100,000
Temporary equity redemption price per share						$ 10
Per share amount to be maintained in the trust account for redemption of public shares						$ 10
non-operating expense	561,706
Cash						$ 30,420
Working capital surplus, deficit						$ (770,057)
Esttimated liquidation date						Mar. 25, 2023
Asset Held in Trust [Member]
Proceeds from issuance of common stock		$ 267,000,000
Sale of stock issue price per share		$ 10
Term of restricted investments		185 days
Percentage of public shareholding due to be redeemed in case of non occurrence of business combination		100%
Common Class A [Member]
Temporary equity redemption price per share					$ 10	$ 10
IPO [Member]
Stock issued during period shares issues				25,000,000
Transaction costs						$ 15,188,496
IPO [Member] \| Asset Held in Trust [Member]
Percentage of public shareholding due to be redeemed in case of non occurrence of business combination		100%
Over-Allotment Option [Member]
Stock issued, options exercised			1,700,000
Proceeds from issuance of common stock		$ 267,000,000
Sale of stock issue price per share		$ 10
Public Warrants [Member]
Conversion basis, common stock		one-fourth				one-fourth
Public Warrants [Member] \| Common Class A [Member]
Sale of stock issue price per share						$ 11.5
Private Placement [Member]
Class of warrants or rights number of warrants issued during the period		226,666				4,666,667
Class of warrants or rights exercise price per unit of warrant						$ 1.5
Proceeds from issue of warrants	$ 7,000,000	$ 340,000				$ 7,000,000
Underwriting Expense Ratio		2%

Summary Of Significant Accoun_4

Summary Of Significant Accounting Policies - Summary of Class A Ordinary Shares Reflected On the Balance Sheet (Details) - USD ($)	11 Months Ended	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2022
Temporary Equity [Line Items]
Gross proceeds	$ 261,660,000	$ 0
Interest earned on investments held in Trust account	13,476	3,913,657
Class A ordinary shares subject to possible redemption	267,013,476	270,927,133
Common Class A [Member]
Temporary Equity [Line Items]
Gross proceeds	267,000,000
Proceeds allocated to Public Warrants	(9,874,575)
Class A ordinary shares issuance costs	(14,626,790)
Remeasurement of carrying value to redemption value	24,501,365
Interest earned on investments held in Trust account	13,476	3,913,657
Class A ordinary shares subject to possible redemption	$ 267,013,476	$ 270,927,133

Summary Of Significant Accoun_5

Summary Of Significant Accounting Policies - Summary of Basic And Diluted Loss Per Ordinary Share (Details) - USD ($)	11 Months Ended	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2022
Net income	$ 7,147,127	$ 11,136,196
Common Class A [Member]
Net income	7,147,127	11,966,686
Less: Allocation of income	1,620,525	2,393,337
Adjusted net income	$ 5,526,602	$ 9,573,349
Weighted average shares outstanding - Basic	22,180,531	26,700,000
Weighted average shares outstanding - Diluted	22,180,531	26,700,000
Basic net income per share	$ 0.25	$ 0.36
Diluted net income per share	$ 0.25	$ 0.36
Common Class B [Member]
Net income	$ 7,147,127	$ 11,966,686
Less: Allocation of income	5,526,602	9,573,349
Adjusted net income	$ 1,620,525	$ 2,393,337
Weighted average shares outstanding - Basic	6,503,835	6,675,000
Weighted average shares outstanding - Diluted	6,503,835	6,675,000
Basic net income per share	$ 0.25	$ 0.36
Diluted net income per share	$ 0.25	$ 0.36

Summary Of Significant Accoun_6

Summary Of Significant Accounting Policies - Additional Information (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Cash insured	$ 250,000
Stock Issued During Period, Shares, Conversion of Units	11,568,333
Offering costs associated with warrant liability	$ (561,706)
Cash equivalents at carrying value	0	$ 0
Unrecognized tax benefits	0
Unrecognized tax benefits, accrued interest and penalties	0
Estimated expenses payable on liquidation	$ 100,000
Common Class A [Member]
Common stock shares subject to possible redemption	26,700,000	26,700,000
IPO [Member]
Stock Issued During Period, Shares, Conversion of Units	6,675,000
Private Placement [Member]
Stock Issued During Period, Shares, Conversion of Units	4,893,333

Summary Of Significant Accoun_7

Summary Of Significant Accounting Policies - Schedule of Deferred Tax Assets and Liabilities (Details)	Dec. 31, 2021 USD ($)
Components of Deferred Tax Assets [Abstract]
Interest income	$ 830,490
Startup and organizational costs incl. accrued expenses	0
Total deferred tax asset (liability)	$ 830,490

Summary Of Significant Accoun_8

Summary Of Significant Accounting Policies - Schedule of Statutory Federal Income Tax Rate (Benefit) to the Company's Effective Tax Rate (Benefit) (Detail)	12 Months Ended
	Dec. 31, 2022
Income Tax Expense (Benefit), Effective Income Tax Rate Reconciliation, Amount [Abstract]
Statutory federal income tax rate (benefit)	0%
German Tax rate	6.90%
Effective tax rate	6.90%

Initial Public Offering - Addit

Initial Public Offering - Additional Information (Detail)					11 Months Ended	12 Months Ended
Initial Public Offering - Additional Information (Detail)	Dec. 31, 2022 Day $ / shares	Mar. 30, 2021 USD ($) $ / shares	Mar. 26, 2021 shares	Mar. 25, 2021 shares	Dec. 31, 2021 USD ($) $ / shares	Dec. 31, 2022 USD ($) $ / shares
Proceeds from issuance of common stock \| $					$ 25,000	$ 0
Temporary equity redemption price per share	$ 10					$ 10
Class of warrants or rights exercise price per unit of warrant	18					18
Share Equals or Exceeds 18.00 [Member]
Shares issued, price per share	$ 0.01					0.01
Debt instrument, convertible, threshold trading days \| Day	30
Share Equals or Exceeds $10.00 [Member]
Shares issued, price per share	$ 0.1					0.1
Debt instrument, convertible, threshold trading days \| Day	30
Warrants and Rights Subject to Mandatory Redemption [Member] \| Share Equals or Exceeds 18.00 [Member]
Temporary equity redemption price per share	$ 18					18
Debt instrument, convertible, threshold trading days \| Day	20
Debt instrument, convertible, threshold consecutive trading days \| Day	30
Warrants and Rights Subject to Mandatory Redemption [Member] \| Share Equals or Exceeds $10.00 [Member]
Temporary equity redemption price per share	$ 10					10
Warrants and Rights Subject to Mandatory Redemption [Member] \| Share Equals or Exceeds $10.00 [Member] \| Maximum [Member]
Class of warrants or rights exercise price per unit of warrant	$ 20					20
Debt instrument, convertible, threshold trading days \| Day	30
Warrants and Rights Subject to Mandatory Redemption [Member] \| Share Equals or Exceeds $10.00 [Member] \| Maximum [Member] \| Business Combination [Member]
Business acquisition, share price	$ 18					18
Warrants and Rights Subject to Mandatory Redemption [Member] \| Share Equals or Exceeds $10.00 [Member] \| Minimum [Member]
Class of warrants or rights exercise price per unit of warrant	$ 10					$ 10
Debt instrument, convertible, threshold trading days \| Day	20
Debt instrument, convertible, threshold consecutive trading days \| Day	30
Common Class A [Member]
Number of days needed after the consummation of business combination						10 days
Temporary equity redemption price per share	$ 10				$ 10	$ 10
Business Acquisition, Percentage of consideration is more than Equity and interest						60%
Business acquisition , Percentage of exercise price per warrant						115%
Common Class A [Member] \| Business Combination [Member]
Business acquisition, share price	9.2					$ 9.2
Common Class A [Member] \| Maximum [Member]
Debt Instrument, Convertible, Stock Price Trigger						$ 18
Debt Instrument, Convertible, Threshold Percentage of Stock Price Trigger						180%
Common Class A [Member] \| Minimum [Member]
Debt Instrument, Convertible, Stock Price Trigger						$ 10
Debt Instrument, Convertible, Threshold Percentage of Stock Price Trigger						100%
Common Class A [Member] \| Share Equals or Exceeds 18.00 [Member]
Temporary equity redemption price per share	18					$ 18
Common Class A [Member] \| Share Equals or Exceeds $10.00 [Member]
Volume-weighted average price of the Class A ordinary shares, exercised	0.361					$ 0.361
Number of trading days						10 days
Temporary equity redemption price per share	10					$ 10
IPO [Member]
Stock issued during period shares issues \| shares				25,000,000
Over-Allotment Option [Member]
Stock issued, options exercised \| shares			1,700,000
Proceeds from issuance of common stock \| $		$ 267,000,000
Sale of stock issue price per share		$ 10
Public Warrants [Member]
Conversion basis, common stock		one-fourth				one-fourth
Public Warrants [Member] \| Common Class A [Member]
Sale of stock issue price per share	11.5					$ 11.5
Number of days needed after the consummation of business combination						30 days
Volume-weighted average price of the Class A ordinary shares, exercised	$ 0.361					$ 0.361
Number of trading days						10 days

Private Placement - Additional

Private Placement - Additional Information (Detail) - USD ($)			12 Months Ended
	Mar. 31, 2021	Mar. 30, 2021	Dec. 31, 2022
Class of Stock [Line Items]
Class of warrants or rights exercise price per unit of warrant			$ 18
Asset Held In Trust [Member]
Class of Stock [Line Items]
Percentage of public shareholding due to be redeemed in case of non occurrence of business combination		100%
Private Placement [Member]
Class of Stock [Line Items]
Class of warrants or rights number of warrants issued during the period		226,666	4,666,667
Class of warrants or rights exercise price per unit of warrant			$ 1.5
Proceeds from issue of warrants	$ 7,000,000	$ 340,000	$ 7,000,000
Underwriting Expense Ratio		2%
IPO [Member] \| Asset Held In Trust [Member]
Class of Stock [Line Items]
Percentage of public shareholding due to be redeemed in case of non occurrence of business combination		100%

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail) - USD ($)						11 Months Ended	12 Months Ended
	May 06, 2021	Mar. 31, 2021	Mar. 26, 2021	Mar. 25, 2021	Feb. 01, 2021	Dec. 31, 2021	Dec. 31, 2022	Mar. 30, 2021
Related Party Transaction [Line Items]
Stock shares issued during the period for services value						$ 25,000
Accounts Payable and Accrued Liabilities [Member]
Related Party Transaction [Line Items]
Expenses from Transactions with Related Party						42,580	$ 30,000
Working Capital Loan [Member]
Related Party Transaction [Line Items]
Debt Instrument Convertible Into Warrants							$ 2,000,000
Debt Instrument Conversion Price							$ 1.5
Due to Related Parties Current							$ 0
Over-Allotment Option [Member]
Related Party Transaction [Line Items]
Stock issued, options exercised			1,700,000
Sponsor [Member] \| Office Space Utilities Secretarial And Administrative Support Services [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Amounts of Transaction							10,000
Expenses from Transactions with Related Party						$ 92,580	$ 120,000
Sponsor [Member] \| Promissory Note [Member]
Related Party Transaction [Line Items]
Debt Instrument Face Amount					$ 300,000
Debt Instrument Interest Rate							0%
Debt Instrument Repayment Terms							This loan was non-interest bearing and payable on the earlier of December 31, 2021 or the completion of the IPO.
Proceeds from (Repayments of) Related Party Debt				$ 125,491
Sponsor [Member] \| Share Price More Than Or Equals To USD Twelve [Member]
Related Party Transaction [Line Items]
Share transfer, trigger price price per share							$ 12
Number of consecutive trading days for determining share price		20 days
Number of trading days for determining share price		30 days
Threshold Number Of Trading Days For Determining Share PriceFrom Date Of Business Combination		150 days
Sponsor [Member] \| Over-Allotment Option [Member]
Related Party Transaction [Line Items]
Common Stock Not Subject To Forfeiture								425,000
Sponsor [Member] \| Founder Shares [Member]
Related Party Transaction [Line Items]
Temporary equity shares outstanding					937,500
Stock Forfeited During Period, Shares	512,500
Common Class B [Member]
Related Party Transaction [Line Items]
Common Stock, Par or Stated Value Per Share						$ 0.0001	$ 0.0001
Common Class B [Member] \| Sponsor [Member] \| Founder Shares [Member]
Related Party Transaction [Line Items]
Stock shares issued during the period for services value					$ 25,000
Shares Issued, Price Per Share					$ 0.003
Stock Issued During Period, Shares, Issued for Services					7,187,500
Common Stock, Par or Stated Value Per Share					$ 0.0001

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail) - USD ($)	Mar. 30, 2021	Mar. 26, 2021	Mar. 22, 2021	Dec. 31, 2022	Dec. 31, 2021
Commitments And Contingencies Disclosure [Line Items]
Overallotment Option Vesting Period			45 days
Cash Underwriting Fee Percentage	2%
Payments for Underwriting Expense	$ 5,340,000
Deferred Underwriting Discount Percentage				3.50%
Deferred underwriting fee				$ 9,345,000	$ 9,345,000
Over-Allotment Option [Member]
Commitments And Contingencies Disclosure [Line Items]
Stock issued, options exercised		1,700,000
Over-Allotment Option [Member] \| Sponsor [Member]
Commitments And Contingencies Disclosure [Line Items]
Stock issued during period shares issues			3,750,000

Shareholders' Deficit - Additio

Shareholders' Deficit - Additional Information (Detail) - $ / shares	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Class of Stock [Line Items]
Preferred stock shares authorized	1,000,000	1,000,000
Preferred stock shares issued	0	0
Preferred stock shares outstanding	0	0
Minimum Percentage Of Common Stock To Be Held After Conversion Of Shares	20%
Common Class A [Member]
Class of Stock [Line Items]
Common stock shares authorized	200,000,000	200,000,000
Common stock, par value	$ 0.0001	$ 0.0001
Common stock shares issued	0	0
Common stock shares outstanding	0	0
Temporary equity shares outstanding	26,700,000	26,700,000
Common Class B [Member]
Class of Stock [Line Items]
Common stock shares authorized	20,000,000	20,000,000
Common stock, par value	$ 0.0001	$ 0.0001
Common stock shares issued	6,675,000	6,675,000
Common stock shares outstanding	6,675,000	6,675,000
Common Stock Voting Rights	one

Fair Value Measurements - Summa

Fair Value Measurements - Summary of Fair Value, Assets and Liabilities Measured on Recurring Basis (Detail) - Fair Value, Recurring [Member] - USD ($)	Dec. 31, 2022	Dec. 31, 2021
Liabilities:
Financial and Nonfinancial Liabilities, Fair Value Disclosure	$ 1,225	$ 8,848,042
Public Warrants [Member]
Liabilities:
Public Warrants Liability	668	5,073,000
Private Placement Warrants Liability	668	5,073,000
Private Placement Warrants [Member]
Liabilities:
Public Warrants Liability	557	3,775,042
Private Placement Warrants Liability	557	3,775,042
Cash and Investments Held in Trust Account [Member]
Assets, Fair Value Disclosure [Abstract]
Investments held in Trust Account	270,927,133	267,013,476
Fair Value, Inputs, Level 1 [Member]
Liabilities:
Financial and Nonfinancial Liabilities, Fair Value Disclosure	668	5,073,000
Fair Value, Inputs, Level 1 [Member] \| Public Warrants [Member]
Liabilities:
Public Warrants Liability	668	5,073,000
Private Placement Warrants Liability	668	5,073,000
Fair Value, Inputs, Level 1 [Member] \| Private Placement Warrants [Member]
Liabilities:
Public Warrants Liability	0	0
Private Placement Warrants Liability	0	0
Fair Value, Inputs, Level 1 [Member] \| Cash and Investments Held in Trust Account [Member]
Assets, Fair Value Disclosure [Abstract]
Investments held in Trust Account	270,927,133	267,013,476
Fair Value, Inputs, Level 2 [Member]
Liabilities:
Financial and Nonfinancial Liabilities, Fair Value Disclosure	0	0
Fair Value, Inputs, Level 2 [Member] \| Public Warrants [Member]
Liabilities:
Public Warrants Liability	0	0
Private Placement Warrants Liability	0	0
Fair Value, Inputs, Level 2 [Member] \| Private Placement Warrants [Member]
Liabilities:
Public Warrants Liability	0	0
Private Placement Warrants Liability	0	0
Fair Value, Inputs, Level 2 [Member] \| Cash and Investments Held in Trust Account [Member]
Assets, Fair Value Disclosure [Abstract]
Investments held in Trust Account	0	0
Fair Value, Inputs, Level 3 [Member]
Liabilities:
Financial and Nonfinancial Liabilities, Fair Value Disclosure	557	3,775,042
Fair Value, Inputs, Level 3 [Member] \| Public Warrants [Member]
Liabilities:
Public Warrants Liability	0	0
Private Placement Warrants Liability	0	0
Fair Value, Inputs, Level 3 [Member] \| Private Placement Warrants [Member]
Liabilities:
Public Warrants Liability	557	3,775,042
Private Placement Warrants Liability	557	3,775,042
Fair Value, Inputs, Level 3 [Member] \| Cash and Investments Held in Trust Account [Member]
Assets, Fair Value Disclosure [Abstract]
Investments held in Trust Account	$ 0	$ 0

Fair Value Measurements - Fair

Fair Value Measurements - Fair Value Measurements, Recurring and Nonrecurring (Detail) - USD ($)	11 Months Ended	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair Value at December 31, 2021	$ 3,775,042	$ 557
Change in fair value of private warrants		(3,774,485)
Fair Value at December 31, 2022	$ 3,775,042	$ 557

Fair Value Measurements - Sum_2

Fair Value Measurements - Summary of Fair Value Measurement Inputs and Valuation Techniques (Detail)	Dec. 31, 2022 shares yr	Dec. 31, 2021 yr shares
Risk-free interest rate [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants and Rights Outstanding, Measurement Input	4.75	1.35
Expected term remaining (years) [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants and Rights Outstanding, Measurement Input \| yr	0.69	5.95
Expected volatility [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants and Rights Outstanding, Measurement Input	3.9	13.1
Share price [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants and Rights Outstanding, Measurement Input \| shares	10.1	9.8