Quarterly report pursuant to Section 13 or 15(d)

CONDENSED BALANCE SHEETS (Unaudited)

v3.23.1
CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
Mar. 31, 2023
Dec. 31, 2022
Current Assets    
Cash $ 136,212 $ 288,081
Prepaid expense 445,748 473,993
Total Current Assets 581,960 762,074
Prepaid expense-noncurrent   22,882
Investments held in Trust Account 227,525,973 225,084,808
Total Assets 228,107,933 225,869,764
Current Liabilities:    
Accrued offering expense and expenses 492,375 463,045
Due to related parties 143,184 113,184
Total Current Liabilities 635,559 576,229
Warrant liability 2,641,536 807,136
Deferred underwriting commissions 7,675,500 7,675,500
Total Liabilities 10,952,595 9,058,865
Commitments Contingencies (Note 6)
Shareholders' Deficit:    
Preferred shares, $0.0001 par value; 1,000,000 shares authorized; no shares issued and outstanding
Accumulated deficit (10,371,383) (8,274,657)
Total Shareholders' Deficit (10,370,635) (8,273,909)
Total Liabilities, Shares Subject to Redemption and Shareholders' Deficit 228,107,933 225,869,764
Class A Ordinary Shares    
Current Liabilities:    
Class A ordinary shares subject to possible redemption, $0.0001 par value; 21,930,000 shares at redemption value of $10.38 and $10.26 per share at March 31, 2023 and December 31, 2022, respectively 227,525,973 225,084,808
Class B Ordinary Shares    
Shareholders' Deficit:    
Ordinary shares $ 748 $ 748