Quarterly report pursuant to Section 13 or 15(d)

UNAUDITED CONDENSED STATEMENTS OF CASH FLOWS

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UNAUDITED CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Dec. 31, 2021
Cash Flows from Operating Activities:      
Net (loss) income $ (1,014,827) $ 3,071,920  
Adjustments to reconcile net (loss) income to net cash used in operating activities:      
Income from cash and investments held in Trust Account (1,406,202) (7,090)  
Change in fair value of derivative warrant liabilities 172,375 (3,447,500)  
Change in fair value of working capital loan - related party 4,540    
Stock Compensation Expense 1,701,444    
Changes in operating assets and liabilities:      
Prepaid expenses (44,145) (39,584)  
Accounts payable (3,225) (2,717)  
Accrued expenses 233,268 119,340  
Deferred legal fees   8,210  
Net cash used in operating activities (356,772) (297,421)  
Cash Flows from Investing Activities:      
Cash withdrawn from Trust Account in connection with redemption 271,939,156    
Net cash provided by investing activities 271,939,156    
Cash Flows from Financing Activities:      
Redemption of Class A ordinary shares (271,939,156)    
Proceeds from issuance of working capital loan to related party 345,000    
Offering costs paid   (75,000) $ (590,000)
Net cash provided by (used in) financing activities (271,594,156) (75,000)  
Net change in cash (11,772) (372,421)  
Cash - beginning of the period 21,548 562,346  
Cash - end of the period $ 9,776 $ 189,925 $ 562,346