Registration of securities issued in business combination transactions

Commitments and Contingencies (Tables)

v3.23.3
Commitments and Contingencies (Tables)
9 Months Ended
Sep. 30, 2023
Commitments and Contingencies [Abstract]  
Schedule of Fair Value of the Founders Shares

The fair value of the founders shares was based on the following significant inputs:

 

March 21,
2023

Share price at grant date

 

$

10.15

 

Risk-free interest rate

 

 

4.62

%

Remaining life of SPAC (assuming the Extended Date)

 

 

0.37

 

Share price in no De-SPAC scenario

 

$

10.39

 

Probability of transaction

 

 

50

%

Discount rate

 

 

5

%