RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENT (Tables)

12 Months Ended

Dec. 31, 2022

RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENT

Schedule of impact of restatement on statements of operations, statements of changes in stockholders' deficit and statements of cash flows

	For the Year Ended December 31, 2022
	As Previously		Restatement
	Reported		Adjustment		As Restated
Statement of Operations
Gain on forgiveness of deferred underwriting fee payable		3,767,400		3,604,829		162,571
Total other income (expenses)		14,189,108		(3,604,829)		10,584,279
Income before provision for income taxes		10,863,503		(3,604,829)		7,258,674
Net income		9,980,174		(3,604,829)		6,375,345
Basic and diluted weighted average shares outstanding - Class A ordinary shares		27,600,000		—		27,600,000
Basic and diluted earnings per share - Class A ordinary shares	$	0.29	$	(0.11)	$	0.18
Basic and diluted weighted average shares outstanding - Class B ordinary shares		6,900,000		—		6,900,000
Basic and diluted earnings per share - Class B ordinary shares	$	0.29	$	(0.11)	$	0.18

Statement of Changes in Stockholders’ Deficit

		Additional Paid-in Capital						Accumulated Deficit
	As						As
	Previously				As		Previously				As
	Reported		Adjustment		Restated		Reported		Adjustment		Restated
Balance – December 31, 2021	$	32,000	$	—	$	32,000	$	(16,962,545)	$	—	$	(16,962,545)
Net income		—		—		—		9,980,174		(3,604,829)		6,375,345
Accretion of Class A common stock to redemption value		—		—		—		(2,487,272)		3,604,829		1,117,557
Balance – December 31, 2022	$	32,000	$	—	$	32,000	$	(9,469,643)	$	—	$	(9,469,643)

	For the Year Ended December 31, 2022
	As Previously	Restatement
	Reported	Adjustment	As Restated
Statement of Cash Flow
Net Income	9,980,174	(3,604,829)	6,375,345
Gain on forgiveness of deferred underwriting fee payable	(3,767,400)	(3,604,829)	(162,571)
Supplemental disclosure of noncash activities:
Forgiveness of deferred underwriting fee payable allocated to Class A common stock	—	3,604,829	3,604,829