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Condensed Statements of Cash Flows - USD ($)
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash Flows From Operating Activities:    
Net income $ 2,777,532 $ 9,169,276
Adjustments to reconcile net income to net cash used in operating activities:    
Investment income earned on investments held in the Trust Account (3,756,798) (404,818)
Gain on change in fair value of derivative liabilities (1,410,000) (9,995,000)
Gain on change in fair value of held to maturity investments (1,020) 0
Non-redemption agreement expense 180,000 0
Changes in operating assets and liabilities:    
Prepaid expenses 190,551 5,000
Other assets 0 223,052
Other deferred expenses 108,919 0
CFO Compensation Payable 140,400 0
Accrued Income Taxes 272,129 262,687
Accounts payable and accrued expenses 12,100 64,902
Net Cash Used In Operating Activities (1,486,187) (674,901)
Cash Flows From Investing Activities:    
Taxes paid from trust 533,789 56,499
Cash withdrawn from Trust Account to redeeming stockholders 222,484,624 0
Funds withdrawn from Trust Account for Taxes Payable and Dissolution 855,762 0
Funds deposited into held to maturity investment account (775,762) 0
Funds withdrawn from held to maturity investment account 300,864 0
Net Cash Provided by Investing Activities 223,399,277 56,499
Cash Flows From Financing Activities:    
Redemption of Class A common stock (222,484,624) 0
Proceeds from loan payable – Sponsor 355,000 0
Proceeds from issuance of Class A ordinary shares 79,791 0
Repayment of promissory note 0 (3,873)
Payments of offering costs 0 (8,082)
Net Cash Used In Financing Activities (222,049,833) (11,955)
Net change in cash (136,743) (630,357)
Cash at beginning of period 212,232 979,226
Cash at end of period 75,489 348,869
Supplemental cash flow information:    
Cash paid for income taxes 460,000 0
Non-cash financing activities:    
Remeasurement of Class A common stock subject to possible redemption to redemption amount 3,243,962 0
Excise tax liability accrued for common stock redemptions $ 2,224,846 $ 0