SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

3 Months Ended

Mar. 31, 2023

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]

Basic and Diluted Net Loss Per Common Share

The following table reflects the calculation of basic and diluted net income (loss) per common share for the three months ended March 31, 2023 and 2022 (in dollars, except per share amounts):

	For the Three Months Ended March 31, 2023				For the Three Months Ended March 31, 2022
	Class A		Class B		Class A			Class B
Basic and diluted net income per share
Numerator:
Allocation of net income (loss)	$	1,503,409	$	375,852	$	(373,528	)	$	(93,382	)
Denominator:
Basic and diluted weighted average shares outstanding		27,600,000		6,900,000		27,600,000			6,900,000
Basic and diluted net income (loss) per share	$	0.05	$	0.05	$	(0.01	)	$	(0.01	)