Annual report pursuant to Section 13 and 15(d)

BALANCE SHEETS

v3.23.1
BALANCE SHEETS - USD ($)
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash $ 31,704 $ 1,133,702
Prepaid expenses 40,000 17,017
Total current assets 71,704 1,150,719
Investments held in Trust Account 350,332,362 345,071,635
Total Assets 350,404,066 346,222,354
Current liabilities:    
Accounts payable 1,814,213 1,195,095
Accrued expenses 3,732,635 43,568
Total current liabilities 5,546,848 1,238,663
Derivative warrant liabilities 871,670 15,864,330
Deferred underwriting commissions 12,075,000 12,075,000
Total liabilities 18,493,518 29,177,993
Commitments and Contingencies
Class A ordinary shares subject to possible redemption, $0.0001 par value; 34,500,000 shares at redemption value of approximately $10.15 and $10.00 per share as of December 31, 2022 and 2021, respectively 350,232,362 345,000,000
Shareholders' Deficit:    
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding as of December 31, 2022 and 2021 0 0
Additional paid-in capital 0 0
Accumulated deficit (18,322,677) (27,956,502)
Total shareholders' deficit (18,321,814) (27,955,639)
Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption and Shareholders' Deficit 350,404,066 346,222,354
Class A Ordinary Shares [Member]    
Shareholders' Deficit:    
Common shares - $0.0001 par value 0 0
Class B Ordinary Shares [Member]    
Shareholders' Deficit:    
Common shares - $0.0001 par value $ 863 $ 863