Registration of securities issued in business combination transactions

Condensed Balance Sheets

v3.23.3
Condensed Balance Sheets - USD ($)
Jun. 30, 2023
Dec. 31, 2022
Dec. 31, 2021
Current assets:      
Cash $ 105,784 $ 21,548 $ 562,346
Prepaid expenses 42,500 19,605 217,105
Total current assets 148,284 41,153 779,451
Cash and investments held in Trust Account 21,171,880 291,525,100 287,520,384
Total Assets 21,320,164 291,566,253 288,299,835
Current liabilities:      
Accounts payable 860,699 555,911 614,027
Accrued expenses 885,000 602,021 159,407
Working capital loan – related party 645,000 100,800
Total current liabilities 2,390,699 1,258,732 773,434
Deferred legal fees 176,982 176,982 168,772
Deferred underwriting commissions 10,062,500 10,062,500 10,062,500
Derivative warrant liabilities 295,500 197,000 5,910,000
Total liabilities 12,925,681 11,695,214 16,914,706
Commitments and Contingencies
Class A ordinary shares subject to possible redemption 21,071,880 291,425,100 287,500,000
Shareholders’ Deficit:      
Preference shares
Class A ordinary shares 80 80 80
Class B ordinary shares 719 719 719
Additional paid-in capital 115,508
Accumulated deficit (12,793,704) (11,554,860) (16,115,670)
Total shareholders’ deficit (12,677,397) (11,554,061) (16,114,871)
Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption and Shareholders’ Deficit $ 21,320,164 $ 291,566,253 $ 288,299,835