Annual report pursuant to Section 13 and 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.23.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2022
Accounting Policies [Abstract]  
Schedule of redemption of Class A ordinary shares
       
Class A ordinary shares subject to possible redemption        
Gross proceeds   $ 199,952,460  
Less:        
Proceeds allocated to Public Warrants     (9,797,808 )
Issuance costs allocated to Class A ordinary shares     (29,576,119 )
Plus:        
Remeasurement of carrying value to redemption value     41,373,452  
Class A ordinary shares subject to possible redemption as of December 31, 2021     201,951,985  
Plus:        
Remeasurement of carrying value to redemption value     2,589,178  
Class A ordinary shares subject to possible redemption as of December 31, 2022   $ 204,541,163  
Schedule of basic and diluted net income per ordinary share
                               
    Year Ended
December 31,
2022
    For the
period from
February 16, 2021
(inception) through
December 31,
2021
 
    Class A     Class B     Class A     Class B  
Basic and diluted net income per share:                                
Numerator:                                
Net income   $ 3,858,107     $ 964,527     $ 2,674,896     $ 3,200,503  
Denominator:                                
Basic and diluted weighted average shares outstanding     19,995,246       4,998,811       3,599,956       4,307,335  
Basic and diluted net income per share   $ 0.19     $ 0.19     $ 0.74     $ 0.74