XML 17 R7.htm IDEA: XBRL DOCUMENT v3.23.3
UNAUDITED CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2023
Sep. 30, 2022
Cash Flows from Operating Activities:      
Net income (loss)   $ 4,349,477 $ (46,755)
Adjustments to reconcile net income (loss) to net cash used in operating activities:      
Unrealized gain on marketable securities held in Trust Account $ 1,424,057 (1,678,827)  
Realized gain on marketable securities held in Trust Account (3,310,607) (3,310,607)  
Excess fair value on transfer of Founder Shares   95,990  
Changes in operating assets and liabilities:      
Prepaid expenses   (200,780)  
Accounts payable   34,678  
Accrued expenses   44,974 46,655
Net cash used in operating activities   (665,095) (100)
Cash Flows from Investing Activities:      
Purchase of marketable securities held in Trust Account   (296,560,000)  
Proceeds from redemption of marketable securities held in Trust Account   149,935,000  
Reinvestment of marketable securities held in Trust Account   (58,147)  
Net cash used in investing activities   (146,683,147)  
Cash Flows from Financing Activities:      
Proceeds from issuance of Class B ordinary shares to Sponsor     25,000
Proceeds from issuance of ordinary shares   141,250,000  
Proceeds from sale of private placement units   7,625,000  
Proceeds from promissory note - related party     91,710
Payment of promissory note - related party   (237,234)  
Payment of offering costs   (487,401) (116,240)
Net cash provided by financing activities   148,150,365 470
Net Change in Cash and Cash Equivalents   802,123 370
Cash and Cash Equivalents - Beginning   8,305  
Cash and Cash Equivalents - Ending $ 810,428 810,428 370
Non-Cash Investing and Financing Activities:      
Issuance of promissory note by the Sponsor to pay offering costs     5,524
Remeasurement of Class A ordinary shares subject to possible redemption   16,919,175  
Deferred underwriter fee payable   $ 5,406,250  
Deferred offering costs included in accrued offering costs     $ 555,729