SUBSEQUENT EVENTS |
12 Months Ended |
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Dec. 31, 2022 | |
| SUBSEQUENT EVENTS [Abstract] | |
| SUBSEQUENT EVENTS |
NOTE 11. SUBSEQUENT EVENTS
On January 13, 2023, we received a notification from the NYSE informing we, because the number of public stockholders is less than 300, are not in compliance with Section 802.01B of the NYSE Listed Company Manual (the “Listing Rule”). The Listing Rule requires us to maintain a minimum of 300 public stockholders on a continuous basis. The NYSE notification letter specified that we had 45 days to submit a plan that demonstrates how the we expect to return to compliance with the Listing Rule within 18 months of receipt of the notice. Following receipt of the notification letter, we submitted such a plan to the Listing Operation Committee of the NYSE and such compliance plan was
subsequently accepted. As a result, the Company remains subject to quarterly monitoring by the NYSE for compliance with the plan.
On April 13, 2023, we
extended the period of time to consummate the Business Combination by one month, from April 13, 2023 to May 13, 2023. In connection
with such extension, an aggregate of $115,000 was deposited in the Trust Account.
Management of the Company evaluated subsequent events and transactions that occurred after the balance sheet date up to the date that the financial statements were issued. Based upon this review, the Company did
not identify any subsequent events that would have required adjustment or disclosure in the financial statements.
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