Quarterly report pursuant to Section 13 or 15(d)

Cover

v3.22.1
Cover
3 Months Ended
Mar. 31, 2022
shares
Document Type 10-Q
Amendment Flag false
Document Quarterly Report true
Document Transition Report false
Document Period End Date Mar. 31, 2022
Document Fiscal Period Focus Q1
Document Fiscal Year Focus 2022
Current Fiscal Year End Date --12-31
Entity File Number 001-40910
Entity Registrant Name FOUNDER SPAC
Entity Central Index Key 0001862068
Entity Tax Identification Number 00-0000000
Entity Incorporation, State or Country Code E9
Entity Address, Address Line One 11752 Lake Potomac Drive
Entity Address, City or Town Potomac
Entity Address, State or Province MD
Entity Address, Postal Zip Code 20854
City Area Code (240)
Local Phone Number 418-2649
Entity Current Reporting Status Yes
Entity Interactive Data Current Yes
Entity Filer Category Non-accelerated Filer
Entity Small Business true
Entity Emerging Growth Company true
Elected Not To Use the Extended Transition Period false
Entity Shell Company true
Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant  
Title of 12(b) Security Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant
Trading Symbol FOUNU
Security Exchange Name NASDAQ
Class A ordinary shares, par value $0.0001 per share  
Title of 12(b) Security Class A ordinary shares, par value $0.0001 per share
Trading Symbol FOUN
Security Exchange Name NASDAQ
Redeemable warrants, each warrant exercisable for one Class A ordinary share, each at an exercise price of $11.50 per share  
Title of 12(b) Security Redeemable warrants, each warrant exercisable for one Class A ordinary share, each at an exercise price of $11.50 per share
Trading Symbol FOUNW
Security Exchange Name NASDAQ
Class A Ordinary Shares [Member]  
Entity Common Stock, Shares Outstanding 31,625,000
Class B Ordinary Shares [Member]  
Entity Common Stock, Shares Outstanding 7,906,250