Quarterly report pursuant to Section 13 or 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.23.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 3 Months Ended
Mar. 31, 2023
Accounting Policies [Abstract]  
Schedule of redemption of Class A ordinary shares
       
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     43,962,630  
Class A ordinary shares subject to possible redemption as of December 31, 2022     204,541,163  
Plus:        
Remeasurement of carrying value to redemption value     2,197,722  
Class A ordinary shares subject to possible redemption as of March 31, 2023   $ 206,738,885  
Schedule of basic and diluted net income per ordinary share
                               
    Three Months Ended
March 31,
2023		     Three Months Ended
March 31,
2022		  
    Class A     Class B     Class A     Class B  
Basic and diluted net income per share:                                
Numerator:                                
Net income   $ 238,387     $ 59,597     $ 1,491,065     $ 372,766  
Denominator:                                
Basic and diluted weighted average shares outstanding     19,995,246       4,998,811       19,995,246       4,998,811  
Basic and diluted net income per share   $ 0.01     $ 0.01     $ 0.07     $ 0.07