Quarterly report pursuant to Section 13 or 15(d)

CONDENSED STATEMENTS OF CASH FLOWS (Unaudited)

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CONDENSED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash Flows from Operating Activities:    
Net income $ 3,187,742 $ 5,444,903
Adjustments to reconcile net income to net cash used in operating activities:    
Share-based compensation 1,970,483 1,963,265
Change in fair value of warrant liabilities (1,139,772) (7,788,441)
Gain on investments held in Trust Account (7,405,485) (1,019,940)
Gain on waiver of deferred underwriting fees (240,082)
Changes in operating assets and liabilities:    
Prepaid insurance and other current assets 290,526 301,091
Accounts payable 27,162 45,674
Accrued expenses 14,751 6,331
Accrued contingent legal costs 2,456,102 680,032
Due to Sponsor 37,024 (28,389)
Net cash used in operating activities (561,467) (635,556)
Net Change in Cash (561,467) (635,556)
Cash - Beginning of period 610,971 1,366,553
Cash - End of period 49,504 730,997
Non-cash investing and financing activities:    
Waiver of deferred underwriting fee payable (see Note 6) 4,658,753
Remeasurement to redemption value of Class A ordinary shares subject to redemption $ 7,405,484 $ 919,940