CONDENSED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) |
3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2023 |
Jun. 30, 2022 |
Jun. 30, 2023 |
Jun. 30, 2022 |
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Income Statement [Abstract] | ||||
Operating and formation costs | $ 1,517,872 | $ 1,168,259 | $ 2,847,725 | $ 2,414,740 |
Loss from operations | (1,517,872) | (1,168,259) | (2,847,725) | (2,414,740) |
Other income: | ||||
Change in fair value of warrant liabilities | 1,709,658 | 2,279,543 | 1,139,772 | 5,508,897 |
Gain on investments held in Trust Account | 2,463,687 | 287,945 | 4,661,410 | 168,904 |
Net income | $ 2,655,473 | $ 1,399,229 | $ 2,953,457 | $ 3,263,061 |
Basic and diluted weighted average shares outstanding, Class A Ordinary Shares | 19,995,246 | 19,995,246 | 19,995,246 | 19,995,246 |
Basic and diluted net income per share, Class A Ordinary Shares | $ 0.11 | $ 0.06 | $ 0.12 | $ 0.13 |
Basic and diluted weighted average shares outstanding, Class B Ordinary Shares | 4,998,811 | 4,998,811 | 4,998,811 | 4,998,811 |
Basic and diluted net income per share, Class B Ordinary Shares | $ 0.11 | $ 0.06 | $ 0.12 | $ 0.13 |
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- Definition Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities; of income (loss) available to common shareholders. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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