SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2022

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]

Class A Common Stock Subject to Possible Redemption

At December 31, 2022 and 2021, the Class A common stock subject to redemption reflected in the balance sheets are reconciled in the following table:

Gross proceeds	$	287,500,000
Less:
Proceeds allocated to Public Warrants		(13,081,250	)
Class A common stock issuance costs		(15,632,692	)
Plus:
Accretion of carrying value to redemption value		28,713,942
Class A common stock subject to possible redemption at December 31, 2021	$	287,500,000
Plus:
Accretion of carrying value to redemption value		2,817,507
Class A common stock subject to possible redemption at December 31, 2022	$	290,317,507

Calculation of Basic and Diluted Net Income (Loss) per Common Share

The following table reflects the calculation of basic and diluted net income (loss) per common share (in dollars, except per share amounts):

	Year Ended December 31, 2022				Year Ended December 31, 2021
	Class A		Class B		Class A		Class B
Basic net income per common stock
Numerator:
Allocation of net income, as adjusted	$	10,817,039	$	2,704,260	$	3,723,509	$	1,101,850
Denominator:
Basic weighted average shares outstanding		28,750,000		7,187,500		23,866,438		7,025,685
Basic net income per common share	$	0.38	$	0.38	$	0.16	$	0.16

	Year Ended December 31, 2022				Year Ended December 31, 2021
	Class A		Class B		Class A		Class B
Diluted net income per common stock
Numerator:
Allocation of net income, as adjusted	$	10,817,039	$	2,704,260	$	3,723,509	$	1,121,354
Denominator:
Diluted weighted average shares outstanding		28,750,000		7,187,500		23,866,438		7,187,500
Diluted net income per common share	$	0.38	$	0.38	$	0.16	$	0.16