Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.23.2
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2023
Summary of Significant Accounting Policies [Abstract]  
Shares Subject to Possible Redemption

As of June 30, 2023 and December 31, 2022, the Class A ordinary shares subject to possible redemption reflected on the Balance Sheets are reconciled in the following table:

Class A ordinary shares subject to possible redemption, December 31, 2021
  $
232,300,000  
Accretion of carrying value to redemption value
   
3,278,275
 
Class A ordinary shares subject to possible redemption, December 31, 2022
 
$
235,578,275
 
Accretion of carrying value to redemption value
    5,204,752  
Class A ordinary shares subject to possible redemption as of June 30, 2023   $ 240,783,027  
Reconciliation of Net Income Per Ordinary Share

A reconciliation of net income per ordinary share is as follows:
 
   
For the Three MonthsEnded
June 30, 2023
   
For the Six Months Ended
June 30, 2023
   
For the Three Months Ended
  June 30, 2022
   
For the Six Months Ended
June 30, 2022
 
   
Class A
   
Class B
   
Class A
   
Class B
    Class A
    Class B
    Class A
    Class B
 
Basic and diluted net income per ordinary share
                                               
Numerator:
                                               
Allocation of net income, as adjusted
 
$
1,703,734
   
$
425,933
   
$
3,986,709
   
$
996,677
    $ 3,145,306     $ 786,327     $ 5,697,150     $ 1,424,287
Denominator:
                                                               
Basic and diluted weighted average shares outstanding
   
23,000,000
     
5,750,000
     
23,000,000
     
5,750,000
      23,000,000       5,750,000       23,000,000       5,750,000  
Basic and diluted net income per ordinary share
 
$
0.07
   
$
0.07
   
$
0.17
   
$
0.17
    $ 0.14     $
0.14     $ 0.25     $
0.25