XML 27 R17.htm IDEA: XBRL DOCUMENT v3.23.2
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2023
Accounting Policies [Abstract]  
Schedule Of Net Income Per Share after Allocating income Between the shares based on outstanding shares
The following table reflects the net income per share after allocating income between the shares based on outstanding shares.
 
    
For the three months ended

June 30, 2023
    
For the three months ended

June 30, 2022
 
    
Class A
    
Class B
    
Class A
    
Class B
 
Numerator:
                                   
Allocation of income – basic and diluted
   $ 470,000      $ 486,000      $ 3,336,000      $ 842,000  
Denominator:
                                   
Basic and diluted weighted average ordinary shares outstanding
     4,845,000        5,000,000        20,000,000        5,000,000  
Basic and diluted net income per ordinary share
   $ 0.10      $ 0.10      $ 0.17      $ 0.17  
    
 
 
    
 
 
    
 
 
    
 
 
 
 
    
For the six months ended

June 30, 2023
    
For the six months ended

June 30, 2022
 
    
Class A
    
Class B
    
Class A
    
Class B
 
Numerator:
                                   
Allocation of income – basic and diluted
   $ 1,071,000      $ 432,000      $ 6,358,000      $ 1,590,000  
Denominator:
                                   
Basic and diluted weighted average ordinary shares outstanding
     12,381,000        5,000,000        20,000,000        5,000,000  
Basic and diluted net income per ordinary share
   $ 0.09      $ 0.09      $ 0.32      $ 0.32  
    
 
 
    
 
 
    
 
 
    
 
 
 
Schedule Of Class A Ordinary Shares Subject To Redemption
Gross proceeds of Public Offering
   $ 200,000,000  
Less: Proceeds allocated to Public Warrants
     (7,900,000
Offering costs
     (11,234,000
Plus: Remeasurement of carrying value to redemption value at Public Offering date
     23,134,000  
  
 
 
 
Subtotal at the date of the Public Offering and at December 31, 2021
     204,000,000  
Plus: Remeasurement of carrying value to redemption value at December 31, 2022
     2,946,000  
  
 
 
 
Subtotal at December 31, 2022
     206,946,000  
Less: Payments to shareholders who elected to redeem 17,910,004 Class A ordinary shares in connection with the Extension (as defined below) on or around April 21, 2023
     (187,475,000
  
 
 
 
Plus: Remeasurement of carrying value to redemption value at June 30, 2023
     2,899,000  
  
 
 
 
Class A ordinary shares subject to redemption at June 30, 2023
   $ 22,370,000