Initial Public Offering (Tables)

3 Months Ended

Mar. 31, 2023

Initial Public Offering

Schedule of reconciliation of common stock reflected on balance sheet

Gross proceeds	$	115,000,000
Less:
Proceeds allocated to Public Warrants		(690,000	)
Proceeds allocated to Public Rights		(8,280,000	)
Offering costs of Public Shares		(6,236,777	)
Plus:
Accretion of carrying value to redemption value		16,858,238
Common stock subject to possible redemption- December 31, 2022		116,651,461
Accretion of carrying value to redemption value- three months ended March 31, 2023		1,906,712
Common stock subject to possible redemption - March 31, 2023	$	118,558,173