Quarterly report pursuant to Section 13 or 15(d)

CONDENSED STATEMENTS OF CASH FLOWS

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CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Cash Flows from Operating Activities:        
Net income $ 2,129,667 $ 3,931,633 $ 4,983,386 $ 7,121,437
Adjustments to reconcile net income to net cash used in operating activities:        
Interest earned on marketable securities held in Trust Account (2,743,828) (153,943) (5,204,752) (157,387)
Change in fair value of warrant liabilities     (559,380) (8,046,364)
Changes in operating assets and liabilities:        
Prepaid expenses     311,348 374,014
Accounts payable and accrued expenses     309,780 409,085
Net cash used in operating activities     (159,618) (299,215)
Cash Flows from Investing Activities:        
Cash deposited into Trust Account     (345,000) 0
Net cash used in investing activities     (345,000)  
Cash Flows from Financing Activities:        
Proceeds from convertible promissory note - related party     0 1,050,000
Net cash provided by financing activities     0 1,050,000
Net Change in Cash     (504,618) 750,785
Cash - Beginning of the period     748,857 237,363
Cash - End of the period $ 244,239 $ 988,148 244,239 988,148
Non-cash investing and financing activities:        
Accretion of Class A ordinary shares subject to possible redemption     $ 5,204,752 $ 0