Initial Public Offering (Tables)

3 Months Ended

Mar. 31, 2023

Initial Public Offering

Schedule of reconcillation of ordinary shares reflected on the blance sheet

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, December 31, 2022		70,220,851
Plus:
Subsequent accretion of carrying value to redemption value		816,136
Ordinary shares subject to possible redemption, March 31, 2023	$	71,036,987