Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2022

The following reflects Class A ordinary shares subject to poss

ibl

e redemption at December 31, 2022:


Gross proceeds	$	230,000,000
Less:
Offering costs allocated to Class A ordinary shares subject to possible redemption		(12,840,366	)
Proceeds allocated to public warrants		(6,009,900	)
Plus:
Remeasurement of Class A ordinary shares subject to possible redemption to redemption value		24,600,266

Class A ordinary shares subject to possible redemption as of December 31, 2021		235,750,000
Remeasurement of Class A ordinary shares subject to possible redemption to redemption value		3,360,999

Class A ordinary shares subject to possible redemption as of December 31, 2022	$	239,110,999

As a result, diluted income per share is the same as basic income per share for the periods presented.

	For the Year ended December 31, 2022		For the period from April 20, 2021 (inception) through September 30, 2021
Class A ordinary shares
Numerator:
Allocation of net income (loss)	$	9,159,517	$	(374,722	)
Denominator:
Basic and diluted weighted average shares outstanding		23,000,000		23,000,000

Basic and diluted earnings per share	$	0.40	$	(0.02	)

Class B ordinary shares
Numerator:
Allocation of net income (loss)	$	2,289,879	$	(93,681	)
Denominator:
Basic and diluted Weighted Average shares outstanding		5,750,000		5,750,000

Basic and diluted earnings per share	$	0.40	$	(0.02	)

Talon 1 Acquisition Corp 10-K