Unaudited Condensed Statements of Operations - USD ($) |
3 Months Ended | 6 Months Ended | 12 Months Ended | |||
---|---|---|---|---|---|---|
Jun. 30, 2023 |
Jun. 30, 2022 |
Jun. 30, 2023 |
Jun. 30, 2022 |
Dec. 31, 2022 |
Dec. 31, 2021 |
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General and administrative expenses | $ 332,966 | $ 117,402 | $ 2,427,080 | $ 350,073 | $ 631,006 | $ 1,339,511 |
General and administrative expenses – related party | 150,000 | 166,121 | 300,000 | 316,121 | 600,000 | 500,000 |
Loss from operations | (482,966) | (283,523) | (2,727,080) | (666,194) | (1,231,006) | (1,839,511) |
Other income (expenses): | ||||||
Income from cash and investments held in Trust Account | 179,734 | 130,279 | 1,585,936 | 137,369 | 4,004,716 | 20,384 |
Change in fair value of derivative warrant liabilities | 73,875 | 1,379,000 | (98,500) | 4,826,500 | 5,713,000 | 4,728,000 |
Change in fair value of working capital loan – related party | 5,340 | 800 | (800) | |||
Total other income (loss) | 258,949 | 1,509,279 | 1,488,236 | 4,963,869 | ||
Offering costs – derivative warrant liabilities | (590,295) | |||||
Net (loss) income | $ (224,017) | $ 1,225,756 | $ (1,238,844) | $ 4,297,675 | $ 8,485,910 | $ 2,318,578 |
Class A Ordinary Shares | ||||||
Other income (expenses): | ||||||
Weighted average shares outstanding, basic (in Shares) | 2,811,745 | 29,550,000 | 7,119,575 | 29,550,000 | 29,550,000 | 26,959,315 |
Weighted average shares outstanding, diluted (in Shares) | 2,811,745 | 29,550,000 | 7,119,575 | 29,550,000 | 29,550,000 | 26,959,315 |
Net (loss) income per ordinary share, Basic (in Dollars per share) | $ (0.02) | $ 0.03 | $ (0.09) | $ 0.12 | $ 0.23 | $ 0.07 |
Class B Ordinary Shares | ||||||
Other income (expenses): | ||||||
Weighted average shares outstanding, basic (in Shares) | 7,187,500 | 7,187,500 | 7,187,500 | 7,187,500 | 7,187,500 | 7,105,308 |
Weighted average shares outstanding, diluted (in Shares) | 7,187,500 | 7,187,500 | 7,187,500 | 7,187,500 | 7,187,500 | 7,187,500 |
Net (loss) income per ordinary share, Basic (in Dollars per share) | $ (0.02) | $ 0.03 | $ (0.09) | $ 0.12 | $ 0.23 | $ 0.07 |
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- Definition Amount of increase (decrease) in the fair value of derivatives recognized in the income statement. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of expense (income) related to adjustment to fair value of warrant liability. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of interest income earned from interest bearing assets classified as other. No definition available.
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References 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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- Definition Amount of selling, general and administrative expense classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The net change in the difference between the fair value and the carrying value, or in the comparative fair values, of derivative instruments, including options, swaps, futures, and forward contracts, held at each balance sheet date, that was included in earnings for the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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