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Condensed Balance Sheets - USD ($)
Jun. 30, 2023
Dec. 31, 2022
Current Assets:    
Cash $ 3,236 $ 37,743
Prepaid expenses 281,380 33,454
Total current assets 284,616 71,197
Cash and investments held in Trust Account 47,837,943 314,517,268
Total Assets 48,122,559 314,588,465
Current liabilities:    
Accounts payable and accrued expenses 1,820,826 973,996
Due to related party 60,000
Promissory notes – related party 227,208 258,780
Convertible Promissory Note - Related Party 1,865,000
Total current liabilities 3,973,034 1,232,776
Deferred underwriting fee 10,850,000 10,850,000
Warrant liability 926,670 474,000
Total Liabilities 15,749,704 12,556,776
Commitments and Contingencies (Note 7)
Class A ordinary shares subject to possible redemption, 4,493,843 and 31,000,000 shares at redemption value at approximately $10.65 and $10.15 per share as of June 30, 2023 and December 31, 2022, respectively 47,837,943 314,517,268
Shareholders’ Deficit:    
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding as of June 30, 2023 and December 31, 2022
Class A ordinary shares, $0.0001 par value; 200,000,000 shares authorized; no shares issued and outstanding (excluding 4,493,843 and 31,000,000 shares subject to possible redemption) as of June 30, 2023 and December 31, 2022, respectively
Class B ordinary shares, $0.0001 par value; 20,000,000 shares authorized; 7,750,000 shares issued and outstanding as of June 30, 2023 and December 31, 2022 775 775
Additional paid-in capital
Accumulated deficit (15,465,863) (12,486,354)
Total Shareholders’ Deficit (15,465,088) (12,485,579)
Total Liabilities, Ordinary Shares Subject to Possible Redemption and Shareholders’ Deficit $ 48,122,559 $ 314,588,465