XML 26 R17.htm IDEA: XBRL DOCUMENT v3.22.4
Initial Public Offering (Tables)
7 Months Ended
Dec. 31, 2022
Initial Public Offering  
Schedule of reconcillation of ordinary shares reflected on the blance sheet

As of

December 31, 2022

Gross proceeds

$69,000,000

Less:

Proceeds allocated to public rights and warrants

(8,694,000 )

Offering costs of public shares

(4,712,045 )

Plus:

     Initial accretion of carrying value to redemption value

 

 

               14,613,545

 

Subsequent accretion of carrying value to redemption value

13,351

Ordinary shares subject to possible redemption

$70,220,851