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Fair Value Measurements (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2023

Dec. 31, 2022

Fair Value Disclosures [Abstract]

Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis

The following table presents information about the Company’s assets and liabilities that are measured at fair value on a recurring basis at June 30, 2023 and December 31, 2022 and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value.

 Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis

June 30, 2023:					Quoted Prices in				Significant Other				Significant Other
					Active Markets				Observable Inputs				Unobservable Inputs
		Level			(Level 1)				(Level 2)				(Level 3)
Assets:
U.S. Treasury Securities		1			$	25,675,938			$	—			$	—
Warrant Liability- Private Placement Warrants		3				—				—				29,000

December 31, 2022:					Quoted Prices in				Significant Other				Significant Other
					Active Markets				Observable Inputs				Unobservable Inputs
		Level			(Level 1)				(Level 2)				(Level 3)
Assets:
U.S. Treasury Securities		1			$	356,864,000			$	—			$	—
Warrant Liability- Private Placement Warrants		3				—				—				7,250

The following table presents information about the Company’s assets and liabilities that are measured at fair value on a recurring basis at December 31, 2022 and 2021 and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value.

 Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis

December 31, 2022:						Quoted Prices in				Significant Other				Significant Other
						Active Markets				Observable Inputs				Unobservable Inputs
		Level				(Level 1)				(Level 2)				(Level 3)
Assets:
U.S. Treasury Securities			1			$	356,864,000			$	—			$	—
Warrant Liability- Private Placement Warrants			3				—				—				7,250

December 31, 2021:						Quoted Prices in				Significant Other				Significant Other
						Active Markets				Observable Inputs				Unobservable Inputs
		Level				(Level 1)				(Level 2)				(Level 3)
Assets:
U.S. Treasury Securities			1			$	351,915,805			$	—			$	—
Warrant Liability- Private Placement Warrants			3				—				—				420,500

Schedule of Quantitative Information in Fair Value Measurements

The following table provides quantitative information regarding Level 3 fair value measurements at June 30, 2023 and December 31, 2022:

 Schedule of Quantitative Information in Fair Value Measurements

		At June 30, 2023				At December 31, 2022
Share Price		$	10.68			$	10.33
Exercise Price		$	11.50			$	11.50
Term (years)			5.46				5.10
Industry Volatility			7.0	%			4.40	%
Risk Free Rate			4.01	%			3.91	%
Dividend Yield			0.00	%			0.00	%

The following table provides quantitative information regarding Level 3 fair value measurements at December 31, 2022 and 2021:

Schedule of Quantitative Information in Fair Value Measurements

		At December 31, 2022				At December 31, 2021
Share Price		$	10.33			$	9.78
Exercise Price		$	11.50			$	11.50
Term (years)			5.10				5.85
Industry Volatility			4.40	%			9.7	%
Risk Free Rate			3.91	%			1.33	%
Dividend Yield			0.00	%			0.00	%

X

- Definition

Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (bbb)
-SubTopic 10
-Topic 820
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482106/820-10-50-2

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- References

No definition available.

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X

- Definition

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482106/820-10-50-2

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