Altitude Acquisition Corp. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Initial Public Offering - Summary of Class A common stock subject to redemption (Detail)

Initial Public Offering - Summary of Class A common stock subject to redemption (Detail) - USD ($)		12 Months Ended
	Jun. 16, 2022	Dec. 31, 2022
Temporary Equity [Line Items]
Class A common stock subject to possible redemption		$ 300,000,000
Less:
Payment from Trust Account in connection with redemption of shares	$ 81,200
Plus:
Class A common stock subject to possible redemption		16,721,020
Common Class A [Member]
Less:
Payment from Trust Account in connection with redemption of shares		(283,624,535)
Plus:
Accretion of carrying value to redemption value		345,555
Class A common stock subject to possible redemption		$ 16,721,020

- Definition

Carrying amount, attributable to parent, of an entity's issued and outstanding stock which is not included within permanent equity. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. Includes stock with a put option held by an ESOP and stock redeemable by a holder only in the event of a change in control of the issuer.

+ References + Details