Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.23.3
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash $ 17,188 $ 21,548
Prepaid expenses 21,250 19,605
Total current assets 38,438 41,153
Cash and investments held in Trust Account 19,944,334 291,525,100
Total Assets 19,982,772 291,566,253
Current liabilities:    
Accounts payable 2,258,383 555,911
Accrued expenses 1,153,000 602,021
Total current liabilities 4,126,313 1,258,732
Deferred legal fees 176,982 176,982
Deferred underwriting commissions 10,062,500
Derivative warrant liabilities 492,500 197,000
Total liabilities 4,795,795 11,695,214
Commitments and Contingencies
Class A ordinary shares subject to possible redemption, $0.0001 par value; 2,011,744 and 28,750,000 shares issued and outstanding at approximately $10.60 and $10.14 per share as of September 30, 2023 and December 31, 2022, respectively 19,844,335 291,425,100
Shareholders’ Deficit:    
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding
Total shareholders’ deficit (4,657,358) (11,554,061)
Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption and Shareholders’ Deficit 19,982,772 291,566,253
Class A Ordinary Shares    
Shareholders’ Deficit:    
Common stock value 80 80
Additional paid-in capital 1,653,849
Accumulated deficit (6,312,006) (11,554,860)
Class B Ordinary Shares    
Shareholders’ Deficit:    
Common stock value 719 719
Related Party    
Current liabilities:    
Due to related party 20,930
Working capital loan - related party $ 694,000 $ 100,800