Quarterly report pursuant to Section 13 or 15(d)

CONDENSED STATEMENTS OF OPERATIONS

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CONDENSED STATEMENTS OF OPERATIONS - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
General and administrative expenses $ 332,966 $ 117,402 $ 2,427,080 $ 350,073
General and administrative expenses - related party 150,000 166,121 300,000 316,121
Loss from operations (482,966) (283,523) (2,727,080) (666,194)
Other income (loss):        
Income from cash and investments held in Trust Account 179,734 130,279 1,585,936 137,369
Change in fair value of derivative warrant liabilities 73,875 1,379,000 (98,500) 4,826,500
Change in fair value of working capital loan - related party 5,340 0 800 0
Total other income (loss) 258,949 1,509,279 1,488,236 4,963,869
Net (loss) income $ (224,017) $ 1,225,756 $ (1,238,844) $ 4,297,675
Class A ordinary shares        
Other income (loss):        
Weighted average shares outstanding, basic 2,811,745 29,550,000 7,119,575 29,550,000
Weighted average shares outstanding, diluted 2,811,745 29,550,000 7,119,575 29,550,000
Basic net (loss) income per ordinary share $ (0.02) $ 0.03 $ (0.09) $ 0.12
Diluted net (loss) income per ordinary share $ (0.02) $ 0.03 $ (0.09) $ 0.12
Class B ordinary shares        
Other income (loss):        
Weighted average shares outstanding, basic 7,187,500 7,187,500 7,187,500 7,187,500
Weighted average shares outstanding, diluted 7,187,500 7,187,500 7,187,500 7,187,500
Basic net (loss) income per ordinary share $ (0.02) $ 0.03 $ (0.09) $ 0.12
Diluted net (loss) income per ordinary share $ (0.02) $ 0.03 $ (0.09) $ 0.12