Statement of Changes In Shareholders’ Deficit - 11 months ended Dec. 31, 2021 - USD ($)	Class A Ordinary Shares	Class B Ordinary Shares	Additional Paid-in Capital	Accumulated Deficit	Total
Balance at Feb. 04, 2021
Balance (in Shares) at Feb. 04, 2021
Issuance of Class B ordinary shares to the Sponsor		$ 633	24,367		25,000
Issuance of Class B ordinary shares to the Sponsor (in Shares)		6,325,000
Accretion for Class A ordinary shares subject to redemption amount			(7,584,291)	(6,873,433)	(14,457,724)
Sale of 756,000 Private Placement Shares	$ 76		7,559,924		7,560,000
Sale of 756,000 Private Placement Shares (in Shares)	756,000
Net loss				(563,357)	(563,357)
Balance at Dec. 31, 2021	$ 76	$ 633		$ (7,436,790)	$ (7,436,081)
Balance (in Shares) at Dec. 31, 2021	756,000	6,325,000

The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest.

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- Definition

Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.

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ION Acquisition Corp 3 Ltd. 10-K