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 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Cash Flows from Operating Activities:        
Net income $ 2,295,217 $ 174,151 $ 7,278,603 $ 7,295,588
Adjustments to reconcile net income to net cash used in operating activities:        
Interest earned on marketable securities held in Trust Account (3,603,790) (1,126,792) (8,808,542) (1,284,178)
Change in fair value of warrant liabilities     (559,380) (7,486,984)
Gain on settlement of deferred underwriting fees (556,743) 0 (556,743) 0
Changes in operating assets and liabilities:        
Prepaid expenses     509,522 494,271
Accounts payable and accrued expenses     1,881,319 535,645
Net cash used in operating activities     (255,221) (445,658)
Cash Flows from Investing Activities:        
Cash deposited into Trust Account     (690,000) 0
Net cash used in investing activities     (690,000)  
Cash Flows from Financing Activities:        
Proceeds from convertible promissory note - related party     228,000 1,050,000
Net cash provided by financing activities     228,000 1,050,000
Net Change in Cash     (717,221) 604,342
Cash - Beginning of the period     748,857 237,363
Cash - End of the period $ 31,636 $ 841,705 31,636 841,705
Non-cash investing and financing activities:        
Accretion of Class A ordinary shares subject to possible redemption     9,498,542 1,287,890
Gain on settlement of underwriting fees     $ 9,223,757 $ 0