Quarterly report pursuant to Section 13 or 15(d)

BALANCE SHEETS

v3.23.2
BALANCE SHEETS - USD ($)
Jun. 30, 2023
Dec. 31, 2022
Current Assets:    
Cash $ 244,239 $ 748,857
Prepaid Expenses 270,060 581,408
Total Current Assets 514,299 1,330,265
Assets Held in Trust 241,128,027 235,578,275
Total Assets 241,642,326 236,908,540
Current Liabilities:    
Accounts payable and accrued expenses 1,351,556 1,041,776
Total Current Liabilities 1,351,556 1,041,776
Deferred Underwriter's Fee Payable 9,780,500 9,780,500
Convertible Note - Related Party 1,050,000 1,050,000
Warrant Liability 559,380 1,118,760
Total Liabilities 12,741,436 12,991,036
COMMITMENTS AND CONTINGENCIES (Note 6)
Class A ordinary shares; 23,000,000 shares at redemption value 240,783,027 235,578,275
SHAREHOLDERS' DEFICIT    
Preferred shares, $0.0001 par value; 1,000,000 shares authorized; none outstanding 0 0
Additional paid in capital 0 0
Accumulated deficit (11,882,712) (11,661,346)
Total Shareholder's Deficit (11,882,137) (11,660,771)
Total Liabilities and Shareholder's Deficit 241,642,326 236,908,540
Class A Ordinary Shares [Member]    
Current Liabilities:    
Class A ordinary shares; 23,000,000 shares at redemption value 240,783,027 235,578,275
SHAREHOLDERS' DEFICIT    
Ordinary shares - $0.0001 par value 0 0
Class B Ordinary Shares [Member]    
SHAREHOLDERS' DEFICIT    
Ordinary shares - $0.0001 par value $ 575 $ 575
Related Party [Member]    
Current Liabilities:    
Notes Payable, Noncurrent, Related Party, Type [Extensible Enumeration] us-gaap:ConvertibleNotesPayableCurrent