XML 16 R6.htm IDEA: XBRL DOCUMENT v3.23.1
Condensed Statements of Cash Flows - USD ($)
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash Flows from Operating Activities:    
Net loss $ (2,482,203) $ (145,550)
Adjustments to reconcile net loss to net cash used in operating activities:    
Interest earned on marketable securities held in Trust Account (100,616) (54,384)
Unrealized loss on marketable securities held in Trust Account 0 3,116
Change in fair value of warrant liabilities 42,770 (54,600)
Changes in operating assets and liabilities:    
Prepaid expenses 29,300 (35,531)
Other assets 0 79,300
Accounts payable and accrued expenses (321,078) (1,757)
Deferred legal fee 1,706,496
Income taxes payable 25,682 0
Net cash used in operating activities (1,099,649) (209,406)
Cash Flows from Financing Activities:    
Proceeds from convertible promissory note—related party 575,000 0
Net cash provided by financing activities 575,000 0
Net Change in Cash (524,649) (209,406)
Cash – Beginning of period 568,355 380,160
Cash – End of period 43,706 170,754
Non-Cash investing and financing activities:    
Remeasurement for Class A common stock to redemption amount $ 61,616 $ 0