Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

v3.23.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash $ 10,416 $ 31,704
Prepaid expenses 40,000 40,000
Total current assets 50,416 71,704
Investments held in Trust Account 66,366,011 350,332,362
Total Assets 66,416,427 350,404,066
Current liabilities:    
Accounts payable 1,979,209 1,814,213
Note payable - related party 165,000 0
Accrued expenses 4,849,992 3,732,635
Total current liabilities 6,994,201 5,546,848
Derivative warrant liabilities 4,532,670 871,670
Deferred underwriting commissions 12,075,000 12,075,000
Total liabilities 23,601,871 18,493,518
Commitments and Contingencies
Class A ordinary shares subject to possible redemption, $0.0001 par value; 6,380,902 and 34,500,000 shares at redemption value of approximately $10.39 and $10.15 per share as of March 31, 2023 and December 31, 2022, respectively 66,266,011 350,232,362
Shareholders' Deficit:    
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding as of March 31, 2023 and December 31, 2022 0 0
Additional paid-in capital 0 0
Accumulated deficit (23,452,318) (18,322,677)
Total shareholders' deficit (23,451,455) (18,321,814)
Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption and Shareholders' Deficit 66,416,427 350,404,066
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