UNAUDITED CONDENSED STATEMENTS OF OPERATIONS - USD ($) |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2023 |
Jun. 30, 2022 |
Jun. 30, 2023 |
Jun. 30, 2022 |
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| Formation and operating costs | $ 363,278 | $ 263,815 | $ 625,604 | $ 511,099 |
| Loss from operations | (363,278) | (263,815) | (625,604) | (511,099) |
| Other income: | ||||
| Interest income and realized gain from sale of treasury securities | 2,680,608 | 317,432 | 5,121,773 | 374,959 |
| Transaction costs allocable to warrants | (1,004,142) | |||
| Gain from debt forgiven | 126,472 | 126,472 | ||
| Unrealized gain on fair value changes of warrants | 1,911,445 | 2,476,440 | 77,045 | 5,411,480 |
| Total other income, net | 4,718,525 | 2,793,872 | 5,325,290 | 4,782,297 |
| Net income | $ 4,355,247 | $ 2,530,057 | $ 4,699,686 | $ 4,271,198 |
| Class A Ordinary Shares | ||||
| Other income: | ||||
| Weighted Average Number of Shares Outstanding, Basic | 21,930,000 | 21,930,000 | 21,930,000 | 19,058,012 |
| Weighted Average Number of Shares Outstanding, Diluted | 21,930,000 | 21,930,000 | 21,930,000 | 19,058,012 |
| Earnings Per Share, Basic | $ 0.15 | $ 0.09 | $ 0.16 | $ 0.16 |
| Earnings Per Share, Diluted | $ 0.15 | $ 0.09 | $ 0.16 | $ 0.16 |
| Class B Ordinary Shares | ||||
| Other income: | ||||
| Weighted Average Number of Shares Outstanding, Basic | 7,482,500 | 7,482,500 | 7,482,500 | 7,399,862 |
| Weighted Average Number of Shares Outstanding, Diluted | 7,482,500 | 7,482,500 | 7,482,500 | 7,399,862 |
| Earnings Per Share, Basic | $ 0.15 | $ 0.09 | $ 0.16 | $ 0.16 |
| Earnings Per Share, Diluted | $ 0.15 | $ 0.09 | $ 0.16 | $ 0.16 |
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- Definition Gain (loss) from debt forgiven. No definition available.
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- Definition Transaction costs allocable to warrants. No definition available.
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- Definition Unrealized gain on fair value changes of warrants. No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Interest income on US treasury securities. US treasury securities are negotiable debt obligations of the US government, secured by its full faith and credit and issued at various schedules and maturities. The income from treasury securities is exempt from state and local, but not federal, taxes. There are three types of securities issued by the US treasury (bonds, bills, and notes), which are distinguished by the amount of time from the initial sale of the bond to maturity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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