XML 61 R41.htm IDEA: XBRL DOCUMENT v3.23.2
CONDENSED CONSOLIDATED BALANCE SHEETS - CIK0001853021 Metals Acquisition Corp [Member] - USD ($)
Mar. 31, 2023
Dec. 31, 2022
Mar. 31, 2022
Dec. 31, 2021
Mar. 10, 2021
Current assets:          
Cash $ 35,075 $ 42,314   $ 954,974  
Other receivable 65,061 53,200      
Prepaid expenses 192,520 201,275   340,271  
Total current assets 292,656 296,789   1,295,245  
Long-term prepaid expenses       186,988  
Marketable securities held in Trust Account 271,757,366 268,908,716   265,155,619  
Deferred financing costs 1,598,459 985,760      
Total Assets 273,648,481 270,191,265   266,637,852  
Liabilities, Class A Ordinary Shares Subject to Possible Redemption, and Shareholders' Deficit          
Accrued expenses and accounts payable 2,078,202 927,261      
Due to related party 22,570        
Accrued offering costs and expenses       604,474  
Deferred liabilities 10,260,573 7,239,473      
Deferred underwriting discount 9,280,173 9,280,173      
Promissory note - related party 1,459,594 786,096      
Total current liabilities 23,101,112 18,233,003   604,474  
Warrant liability 10,992,098 7,442,633   8,440,008  
Total Liabilities 34,093,210 25,675,636   18,324,655  
Commitments and Contingencies    
Class A ordinary shares subject to possible redemption, 26,514,780 shares at redemption value of $10.25 and $10.14 per share as of March 31, 2023 and December 31, 2022, respectively 271,757,366 268,908,716   265,147,800  
Shareholders' Deficit:          
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding    
Accumulated deficit (32,202,758) (24,393,750)   (16,835,266)  
Total Shareholders' Deficit (32,202,095) (24,393,087) $ (22,708,649) (16,834,603) $ 0
Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption, and Shareholders' Deficit 273,648,481 270,191,265   266,637,852  
Class A ordinary shares subject to redemption          
Liabilities, Class A Ordinary Shares Subject to Possible Redemption, and Shareholders' Deficit          
Class A ordinary shares subject to possible redemption, 26,514,780 shares at redemption value of $10.25 and $10.14 per share as of March 31, 2023 and December 31, 2022, respectively 271,757,366 268,908,716   265,147,800  
Class B Ordinary Shares          
Shareholders' Deficit:          
Common stock $ 663 $ 663   $ 663