Registration of securities issued in business combination transactions

Basis of Presentation and Summary of Significant Accounting Policies (Tables)

v3.23.3
Basis of Presentation and Summary of Significant Accounting Policies (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2023
Dec. 31, 2022
Basis of Presentation and Summary of Significant Accounting Policies [Abstract]    
Schedule of Reconciliation of the Numerator and Denominator Used to Compute Basic and Diluted Net Income Per Ordinary Share

The following tables present a reconciliation of the numerator and denominator used to compute basic and diluted net (loss) income per ordinary share for each class of ordinary shares:

 

For the Three Months Ended September 30,

 

For the Nine Months Ended September 30,

2023

 

2022

 

2023

 

2022

Class A

 

Class B

 

Class A

 

Class B

 

Class A

 

Class B

 

Class A

 

Class B

Basic and diluted net income (loss) per ordinary share

 

 

 

 

 

 

 

 

 

 

   

 

   

 

 

 

 

 

 

 

 

 

   

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

   

 

   

 

 

 

 

 

 

 

 

 

   

 

 

Allocation of net income (loss) – Basic and diluted

 

$

(884,261

)

 

$

(2,334,291

)

 

$

989,866

 

$

240,767

 

$

(1,958,350

)

 

$

(2,499,046

)

 

$

4,446,723

 

$

1,081,585

   

 

 

 

 

 

 

 

 

 

   

 

   

 

 

 

 

 

 

 

 

 

   

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

   

 

   

 

 

 

 

 

 

 

 

 

   

 

 

Basic and diluted weighted average ordinary shares outstanding

 

 

2,722,722

 

 

 

7,187,500

 

 

 

29,550,000

 

 

7,187,500

 

 

5,632,404

 

 

 

7,187,500

 

 

 

29,550,000

 

 

7,187,500

Basic and diluted net income (loss) per ordinary share

 

$

(0.32

)

 

$

(0.32

)

 

$

0.03

 

$

0.03

 

$

(0.35

)

 

$

(0.35

)

 

$

0.15

 

$

0.15

numerator and denominator used to compute basic and diluted net income per ordinary share for each class of ordinary shares:
 

For the Year Ended
December 31, 2022

 

For the Year Ended
December 31, 2021

Class A

 

Class B

 

Class A

 

Class B

Basic net income per ordinary share:

 

 

   

 

   

 

   

 

 

Numerator:

 

 

   

 

   

 

   

 

 

Allocation of net income – Basic

 

$

6,825,686

 

$

1,660,224

 

$

1,834,962

 

$

483,616

Allocation of net income – Diluted

 

$

6,825,686

 

$

1,660,224

 

$

1,830,545

 

$

488,033

Denominator:

 

 

   

 

   

 

   

 

 

Basic weighted average ordinary shares outstanding

 

 

29,550,000

 

 

7,187,500

 

 

26,959,315

 

 

7,105,308

Diluted weighted average ordinary shares outstanding

 

 

29,550,000

 

 

7,187,500

 

 

26,959,315

 

 

7,187,500

Basic net income per ordinary share

 

$

0.23

 

$

0.23

 

$

0.07

 

$

0.07

Diluted net income per ordinary share

 

$

0.23

 

$

0.23

 

$

0.07

 

$

0.07