FAIR VALUE MEASUREMENTS (Tables)

9 Months Ended

Sep. 30, 2023

Fair Value Disclosures [Abstract]

Schedule of Fair Value Hierarchy for Assets and Liabilities Measured at Fair Value on a Recurring basis

Description	Level	September 30, 2023		December 31, 2022
Assets:
Marketable securities held in the Trust Account	1	$	266,639,182	$	310,488,798
Liabilities:
Convertible promissory notes - related party	3	$	3,627,816	$	236,300
Warrant liability - Private Placement Warrants	2		2,310,000		1,400,000
Warrant liability - Public Warrants	1		2,475,000		1,500,000
Forward Purchase Agreement	3		5,338,558		2,045,845
Total Derivative liabilities		$	10,123,558	$	4,945,845

Schedule of financial assets and liabilities measured at fair value on a recurring basis

	Fair Value Measurement Using Level 3 Inputs Total
Balance, Fair value at December 31, 2022	$	2,282,145
Issuance of convertible promissory note - related party		250,000
Proceeds in excess of fair value		(53,009	)
Change in fair value of convertible promissory note - related party		1,168
Change in fair value of forward purchase agreement		732,512
Balance, March 31, 2023		3,212,816
Issuance of convertible promissory note - related party		3,000,000
Proceeds in excess of fair value		(639,640	)
Change in fair value of convertible promissory note - related party		25,624
Change in fair value of forward purchase agreement		935,925
Balance, June 30, 2023		6,534,725
Issuance of convertible promissory notes - related party		1,148,387
Proceeds in excess of fair value		(242,125	)
Change in fair value of convertible promissory notes - related party		(98,889	)
Change in fair value of forward purchase agreement		1,624,276
Balance, September 30, 2023	$	8,966,374

	Fair Value Measurement Using Level 3 Inputs Total
Balance, Fair value at December 31, 2021	$	670,221
Change in fair value of forward purchase agreement		46,917
Balance, March 31, 2022		717,138
Proceeds received from issuance of convertible note		300,000
Change in fair value of convertible promissory note - related party		(74,277	)
Change in fair value of forward purchase agreement		6,796
Balance, June 30, 2022		949,657
Change in fair value of convertible promissory notes - related party		9,118
Change in fair value of forward purchase agreement		981,288
Balance, September 30, 2022	$	1,940,063

Schedule of Fair Value of Assets and Liabilities Valuation Techniques and Measurement Inputs

	September 30, 2023	December 31, 2022
Volatility	169.44 -338.87%	9.24 - 175.59%
Risk-free interest rate	5.541%	2.58 - 4.66%
Expected life of convertible promissory notes	0.69 years	0.42 - 0.78 years
Dividend yield	0%	0%
Probability of business combination	80.0%	80.0%

The key inputs into the discount model for the Forward Purchase Agreement were as follows:

	September 30, 2023	December 31, 2022
Risk-free interest rate	5.50%	4.66%
Expected life of forward purchase agreement	0.69 years	0.42 years
Dividend yield	0%	0%
Probability of business combination	80.0%	80.0%

Schedule of changes in the fair value of the warrants measured on recurring basis

	Convertible Promissory Notes			Private Placement Warrants			Public Warrants			Forward Purchase Agreement		Total
Fair value at December 31, 2022	$	236,300		$	1,400,000		$	1,500,000		$	2,045,845	$	5,182,145
Proceeds received from issuance of convertible note		250,000			-			-			-		250,000
Proceeds in excess of fair value		(53,009	)		-			-			-		(53,009	)
Change in fair value		1,168			448,000			480,000			732,512		1,661,680
Fair value at March 31, 2023	$	434,459		$	1,848,000		$	1,980,000		$	2,778,357	$	7,040,816
Proceeds received from issuance of convertible note		3,000,000			-			-			-		3,000,000
Proceeds in excess of fair value		(639,640	)		-			-			-		(639,640	)
Change in fair value		25,624			(390,600	)		(418,500	)		935,925		152,449
Fair value at June 30, 2023	$	2,820,443		$	1,457,400		$	1,561,500		$	3,714,282	$	9,553,625
Proceeds received from issuance of convertible notes		1,148,387											1,148,387
Proceeds in excess of fair value		(242,125	)										(242,125	)
Change in fair value		(98,889	)		852,600			913,500			1,624,276		3,291,487
Fair value at September 30, 2023	$	3,627,816		$	2,310,000		$	2,475,000		$	5,338,558	$	13,751,374