XML 97 R87.htm IDEA: XBRL DOCUMENT v3.23.1
EQUITY (Details)
1 Months Ended 3 Months Ended
Nov. 09, 2022
$ / shares
shares
Nov. 30, 2022
$ / shares
shares
Mar. 31, 2023
Vote
class
shares
EQUITY      
Number of classes of common stock | class     2
IPO      
EQUITY      
Period amount in escrow is restricted   12 months  
Class A common stock      
EQUITY      
Number of votes per share | Vote     1
Number of shares of common stock issued as per agreement 6,251,420    
Class A common stock | Over-Allotment Option      
EQUITY      
Number of shares of common stock issued as per agreement 450,000    
Price per share | $ / shares $ 4.675    
Class A common stock | IPO      
EQUITY      
Number of shares of common stock issued as per agreement 3,000,000 3,000,000  
Price per share | $ / shares $ 4.675    
Price per share | $ / shares   $ 5.00  
Class A common stock | Underwriting agreement      
EQUITY      
Percentage of warrants issued 4.00%    
Number of warrants issued to purchase common stock 120,000    
Warrants term 3 years    
Weighted average expected volatility (in percent)     53.00%
Discount rate (in percent)     4.49%
Remaining term (in years)     3 years
Class A common stock | Snail Inc      
EQUITY      
Percent of issue price at IPO price 125.00%    
Issue price per share | $ / shares $ 6.25    
Class B common stock      
EQUITY      
Number of votes per share | Vote     10
Number of Class A share issuable upon conversion     1
Number of shares of common stock issued as per agreement 28,748,580