FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

Mar. 31, 2023

FAIR VALUE MEASUREMENTS [Abstract]

Assets and Liabilities Measured at Fair Value

The following table presents information about the Company’s assets and liabilities that are measured at fair value at March 31, 2023 and December 31, 2022, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:

Description	Level		March 31, 2023		December 31, 2022
Assets:
Marketable Securities held in Trust Account		1	$	353,935,852	$	350,168,339
Liabilities:
Derivative warrant liabilities – Private Placement Warrants		2	$	1,068,000	$	801,000
Derivative warrant liabilities – Public Warrants		1		2,070,000		1,552,500
			$	3,138,000	$	2,353,500

Changes in Fair Value of Financial Instruments Measured at Fair Value on Recurring Basis

The following table provides a summary of the changes in the fair value of the Company’s financial instruments that are measured at fair value on a recurring basis:

	Private Placement Warrants		Public Warrants		Total
Fair value at December 31, 2022	$	801,000	$	1,552,500	$	2,353,500
Change in fair value		267,000		517,500		784,500
Fair value at March 31, 2023	$	1,068,000	$	2,070,000	$	3,138,000

	Private Placement Warrants			Public Warrants			Total
Fair value at December 31, 2021	$	4,324,000		$	8,625,000		$	12,949,000
Change in fair value		(1,990,300	)		(3,795,000	)		(5,785,300	)
Fair value at March 31, 2022	$	2,333,700		$	4,830,000		$	7,163,700