Annual report pursuant to Section 13 and 15(d)

BALANCE SHEETS

v3.23.1
BALANCE SHEETS - USD ($)
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash $ 21,548 $ 562,346
Prepaid expenses 19,605 217,105
Total current assets 41,153 779,451
Investments held in Trust Account 291,525,100 287,520,384
Total Assets 291,566,253 288,299,835
Current liabilities:    
Accounts payable 555,911 614,027
Accrued expenses 602,021 159,407
Working capital loan - related party 100,800  
Total current liabilities 1,258,732 773,434
Deferred legal fees 176,982 168,772
Deferred underwriting commissions 10,062,500 10,062,500
Derivative warrant liabilities 197,000 5,910,000
Total liabilities 11,695,214 16,914,706
Commitments and Contingencies
Class A ordinary shares subject to possible redemption, $0.0001 par value; 28,750,000 shares issued and outstanding at approximately $10.10 and $10.00 per share as of December 31, 2022 and 2021, respectively 291,425,100 287,500,000
Shareholders' Deficit:    
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding
Accumulated deficit (11,554,860) (16,115,670)
Total shareholders' deficit (11,554,061) (16,114,871)
Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption and Shareholders' Deficit 291,566,253 288,299,835
Class A ordinary shares    
Shareholders' Deficit:    
Common stock 80 80
Class B ordinary shares    
Shareholders' Deficit:    
Common stock $ 719 $ 719