Registration of securities issued in business combination transactions

Class A Ordinary Shares Subject to Possible Redemption (Tables)

v3.23.3
Class A Ordinary Shares Subject to Possible Redemption (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2023
Dec. 31, 2022
Class A Ordinary Shares Subject to Possible Redemption [Abstract]    
Schedule of Class A Ordinary Shares Subject to Possible Redemption Reflected on the Balance Sheets Class A ordinary shares subject to possible redemption reflected on the condensed balance sheets

Gross Proceeds

 

$

287,500,000

 

Less:

 

 

 

 

Proceeds allocated to Public Warrants

 

 

(10,350,000

)

Class A ordinary shares issuance costs

 

 

(15,806,778

)

Plus:

 

 

 

 

Accretion of carrying value to redemption value

 

 

26,156,778

 

Class A ordinary shares subject to possible redemption at December 31, 2021

 

 

287,500,000

 

Increase in Class A ordinary shares subject to possible redemption

 

 

3,925,100

 

Class A ordinary shares subject to possible redemption at December 31, 2022

 

 

291,425,100

 

Less:

 

 

 

 

Redemption of Class A ordinary shares subject to possible redemption

 

 

(271,939,156

)

Plus:

 

 

 

 

Increase in Class A ordinary shares subject to possible redemption

 

 

1,406,202

 

Class A ordinary shares subject to possible redemption at March 31, 2023

 

 

20,892,146

 

Plus:

 

 

 

 

Increase in Class A ordinary shares subject to possible redemption

 

 

179,734

 

Class A ordinary shares subject to possible redemption at June 30, 2023

 

$

21,071,880

 

Class A ordinary shares subject to possible redemption reflected on the balance sheets

Gross Proceeds

 

$

287,500,000

 

Less:

 

 

 

 

Proceeds allocated to Public Warrants

 

 

(10,350,000

)

Class A ordinary shares issuance costs

 

 

(15,806,778

)

Plus:

 

 

 

 

Accretion of carrying value to redemption value

 

 

26,156,778

 

Class A ordinary shares subject to possible redemption at December 31, 2021

 

 

287,500,000

 

Increase in Class A ordinary shares subject to possible redemption

 

 

3,925,100

 

Class A ordinary shares subject to possible redemption at December 31, 2022

 

$

291,425,100