SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Jun. 30, 2023

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]

Basic and Diluted Net Income (loss) Per Common Share

The following table reflects the calculation of basic and diluted net income (loss) per common share for the three and six months ended June 30, 2023 and 2022 (in dollars, except per share amounts):

	For the Three Months				For the Three Months
	Ended June 30, 2023				Ended June 30, 2022
	Class A		Class B		Class A			Class B
Basic and diluted net income per share
Numerator:
Allocation of net income (loss)	$	915,959	$	354,361	$	(220,984	)	$	(55,246	)
Denominator:
Basic and diluted weighted average shares outstanding		17,835,276		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	)

	For the Six Months				For the Six Months
	Ended June 30, 2023				Ended June 30, 2022
	Class A		Class B		Class A			Class B
Basic and diluted net income per share
Numerator:
Allocation of net income (loss)	$	2,415,156	$	734,425	$	(724,046	)	$	(181,012	)
Denominator:
Basic and diluted weighted average shares outstanding		22,690,664		6,900,000		27,600,000			6,900,000
Basic and diluted net income (loss) per share	$	0.11	$	0.11	$	(0.03	)	$	(0.03	)