Summary of Significant Accounting Policies Basis of Presentation (Tables)

12 Months Ended

Dec. 31, 2021

The following table reflects the calculation of basic and diluted net (loss) per ordinary share (in dollars, except share amounts):


	Year Ended December 31, 2021				For the Period from July 29, 2020 (inception) Through December 31, 2020
	Class A		Class B		Class A			Class B
Basic and diluted net income (loss) per ordinary share
Numerator:
Allocation of net income (loss), as adjusted	$	3,857,658	$	964,415	$	(13,879,256	)	$	(6,181,853	)
Denominator:
Basic and diluted weighted average shares outstanding		40,000,000		10,000,000		22,451,613			10,000,000
Basic and diluted net income (loss) per ordinary share	$	0.10	$	0.10	$	(0.62	)	$	(0.62	)

At December 31, 2021 and 2020, the Class A ordinary shares reflected in the balance sheets are reconciled in the following table:


	December 31, 2021			December 31, 2020
Gross proceeds	$	400,000,000		$	400,000,000
Less:
Proceeds allocated to Public Warrants		(18,400,000	)		(18,400,000	)
Class A ordinary shares issuance costs		(20,292,642	)		(20,292,642	)
Plus:
Accretion of carrying value to redemption value		38,692,642			38,692,642
Class A ordinary shares subject to possible redemption	$	400,000,000		$	400,000,000

AEA-Bridges Impact Corp. 10-K