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CLASS A COMMON STOCK SUBJECT TO POSSIBLE REDEMPTION | 9 Months Ended
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Sep. 30, 2023
CLASS A COMMON STOCK SUBJECT TO POSSIBLE REDEMPTION [Abstract] |
CLASS A COMMON STOCK SUBJECT TO POSSIBLE REDEMPTION | NOTE 8 - CLASS A COMMON STOCK SUBJECT TO POSSIBLE REDEMPTION The Company’s Class A common stock features certain redemption rights that are considered to be outside of the Company’s control and subject to the occurrence of future events. The Company is authorized to issue 70,000,000 shares of Class A common stock with a par value of $0.0001 per share. Holders of the Company’s Class A common stock are entitled to one vote for each share. As of September 30, 2023 and December 31, 2022, there were 6,443,098 and 27,600,000 shares, respectively, of Class A common stock outstanding, all of which were subject to possible redemption. As of September 30, 2023, Class A common stock subject to possible redemption reflected on the balance sheet is reconciled on the following table:
Class A common stock subject to possible redemption at December 31, 2022 |  | $ | 284,449,019 |
Re-measurement of carrying value to redemption value |  |  | 2,353,363 |
Class A common stock subject to possible redemption at March 31, 2023 |  |  | 286,802,382 |
Re-measurement of carrying value to redemption value |  |  | 1,930,447 |
Extension deposit |  |  | 480,000 |
Redemption |  |  | (220,995,813 | )
Class A common stock subject to possible redemption at June 30, 2023 |  |  | 68,217,016 |
Re-measurement of carrying value to redemption value |  |  | 632,279 |
Extension deposit |  |  | 360,000 |
Class A common stock subject to possible redemption at September 30, 2023 |  | $ | 69,209,295 |

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