Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2023

Significant Accounting Policies

Schedule of Class A ordinary shares subject to possible redemption

Gross proceeds from Initial Public Offering, including sale of the over-allotment option	$	230,000,000
Less:
Fair value of Public Warrants at issuance		(10,695,000	)
Offering costs allocated to Class A ordinary shares subject to possible redemption, net of reimbursement from underwriters		(24,329,399	)
Plus:
Initial accretion on Class A ordinary shares subject to possible redemption amount		37,324,399
Remeasurement on Class A ordinary shares subject to possible redemption amount		3,631,005
Class A ordinary shares subject to possible redemption, December 31, 2022		235,931,005
Less:
Redemption of Class A ordinary shares		(130,320,660	)
Plus:
Accretion on Class A ordinary shares subject to possible redemption amount		7,837,360
Class A ordinary shares subject to possible redemption, September 30, 2023	$	113,447,705

Schedule of Earnings Per Share, Basic and Diluted

	For the three months ended September 30, 2023		For the three months ended September 30, 2022
Ordinary shares subject to possible redemption
Numerator: Earnings allocable to Redeemable Class A ordinary shares
Net income allocable to Class A ordinary shares subject to possible redemption	$	253,588	$	1,527,642
Denominator: Redeemable Class A ordinary shares,
Basic and diluted weighted average shares outstanding		12,811,682		23,000,000
Basic and diluted net income per share, Redeemable Class A ordinary share	$	0.02	$	0.07
Non-redeemable ordinary shares
Numerator: Net income allocable to Class B ordinary shares not subject to redemption
Net income allocable to Class B ordinary shares not subject to redemption	$	113,813	$	381,911
Denominator: Weighted Average non-redeemable Class B ordinary shares
Basic and diluted weighted average shares outstanding		5,750,000		5,750,000
Basic and diluted net income per share	$	0.02	$	0.07

	For the nine months ended September 30, 2023		For the nine months ended September 30, 2022
Ordinary shares subject to possible redemption
Numerator: Earnings allocable to Redeemable Class A ordinary shares
Net income allocable to Class A ordinary shares subject to possible redemption	$	4,301,781	$	7,234,266
Denominator: Redeemable Class A ordinary shares,
Basic and diluted weighted average shares outstanding		19,603,894		23,000,000
Basic and diluted net income per share, Redeemable Class A ordinary share	$	0.22	$	0.31
Non-redeemable ordinary shares
Numerator: Net income allocable to Class B ordinary shares not subject to redemption
Net income allocable to Class B ordinary shares not subject to redemption	$	1,261,752	$	1,808,566
Denominator: Weighted Average non-redeemable Class B ordinary shares
Basic and diluted weighted average shares outstanding		5,750,000		5,750,000
Basic and diluted net income per share	$	0.22	$	0.31