Class A Shares of Common Stock Subject to Possible Redemption (Tables)

3 Months Ended

Mar. 31, 2023

Temporary Equity Disclosure [Abstract]

Summary of Class A Common Stock Subject to Possible Redemption

The shares of Class A common stock issued in the Initial Public Offering were recognized in Class A common stock subject to possible redemption as follows:

Gross proceeds from Initial Public Offering	$	240,000,000
Less:
Fair value of Public Warrants at issuance		(7,582,627	)
Offering costs allocated to Class A common stock subject to possible redemption		(20,050,096	)
Plus:
Accretion on Class A common stock subject to possible redemption amount		31,230,313
Class A common stock subject to possible redemption at December 31, 2022		243,597,590
Less:
Redemptions		(215,621,388	)
Accretion of carrying value to redemption value		(3,628,151	)
Plus:
Waiver of underwriting fee allocated to Class A Common Stock		5,126,890
Class A common stock subject to possible redemption at March 31, 2023	$	29,474,941