SUBSEQUENT EVENTS	12 Months Ended
Dec. 31, 2022
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS	NOTE 12. SUBSEQUENT EVENTS The Company evaluated subsequent events and transactions that occurred after the balance sheet date through the date that the financial statements were issued. Based upon this review, other than as described herein or below, the Company did not identify any subsequent events that would have required adjustment or disclosure in the financial statements. On March 24, 2023 the Company held a special meeting of stockholders, at which time the holders properly elected to redeem an aggregate of 7,391,973 Class A Common Stock at a redemption price of approximately $10.29 per share, for an aggregate redemption amount of $76,054,240. Following the Redemption, $42,266,506 will remain in the RFAC trust account. At the special meeting the Company’s stockholders approved the proposal to amend the Company’s amended and restated certificate of incorporation to give the Company the right to extend the date by which it has to consummate a business combination from March 28, 2023 to December 28, 2023, composed of an initial three-month extension and six subsequent one-month extensions, for a total of up to nine months after March 28, 2023. On March 24, 2023, the Company and Sponsor entered into a promissory pursuant to which the Sponsor agreed to loan the Company the principal sum of $900,000 to cover the extension payments in connection with the Revised Extension Deadline. The promissory note was non-interest bearing and is payable on the earlier of (1) December 28, 2023, or (ii) the consummation of the Business Combination. As of the date of this Annual Report, the Company had drawn down on $300,000 of the promissory note. On March 27, 2023, we deposited $300,000 into the trust account in order to effect the extension of the termination date, from March 28, 2023 to December 28, 2023 (the “Extension”), and may deposit an additional $600,000 into the trust account for a subsequent extension, from March 23, 2023 to December 28, 2023, that we may need to complete an initial business combination. Subsequent to year end the Sponsor provided an additional $360,760 under the Working Capital Loan to cover working capital expenses.

SUBSEQUENT EVENTS

12 Months Ended

Dec. 31, 2022

NOTE 12. SUBSEQUENT EVENTS

The Company evaluated subsequent events and transactions that occurred after the balance sheet date through the date that the financial statements were issued. Based upon this review, other than as described herein or below, the Company did not identify any subsequent events that would have required adjustment or disclosure in the financial statements.

On March 24, 2023 the Company held a special meeting of stockholders, at which time the holders properly elected to redeem an aggregate of 7,391,973 Class A Common Stock at a redemption price of approximately $10.29 per share, for an aggregate redemption amount of $76,054,240. Following the Redemption, $42,266,506 will remain in the RFAC trust account. At the special meeting the

Company’s stockholders approved the proposal to amend the Company’s amended and restated certificate of incorporation to give the Company the right to extend the date by which it has to consummate a business combination from March 28, 2023 to December 28, 2023, composed of an initial three-month extension and six subsequent one-month extensions, for a total of up to nine months after March 28, 2023.

On March 24, 2023, the Company and Sponsor entered into a promissory pursuant to which the Sponsor agreed to loan the Company the principal sum of $900,000 to cover the extension payments in connection with the Revised Extension Deadline. The promissory note was non-interest bearing and is payable on the earlier of (1) December 28, 2023, or (ii) the consummation of the Business Combination. As of the date of this Annual Report, the Company had drawn down on $300,000 of the promissory note.

On March 27, 2023, we deposited $300,000 into the trust account in order to effect the extension of the termination date, from March 28, 2023 to December 28, 2023 (the “Extension”), and may deposit an additional $600,000 into the trust account for a subsequent extension, from March 23, 2023 to December 28, 2023, that we may need to complete an initial business combination. Subsequent to year end the Sponsor provided an additional $360,760 under the Working Capital Loan to cover working capital expenses.