Quarterly report pursuant to Section 13 or 15(d)

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

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UNAUDITED CONDENSED CONSOLIDATED 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     $ 2,395,480 $ 11,510,086
Adjustments to reconcile net income to net cash used in operating activities:        
Income from cash and investments held in Trust Account $ (775,957) $ (588,028) (3,004,534) (621,817)
Change in fair value of derivative warrant liabilities (1,239,200) (2,478,400) (929,400) (12,082,200)
Changes in operating assets and liabilities:        
Prepaid expenses     (48,686) 94,090
Accounts payable     437,884 107,424
Accounts payable - related party     90,000 90,000
Accrued expenses     874,993 513,791
Net cash used in operating activities     (184,263) (388,626)
Cash Flows from Investing Activities:        
Cash deposited in Trust Account     (1,465,000)  
Disposal of investments held in Trust account     359,019,923  
Net cash provided by investing activities     357,554,923  
Cash Flows from Financing Activities:        
Proceeds from convertible promissory note - related party     300,000  
Proceeds from non-convertible promissory note - related party     570,000  
Proceeds from due to third party     895,000  
Repayment of convertible promissory note - related party     (10,000)  
Redemption of Class A ordinary shares     (359,019,923)  
Net cash used in financing activities     (357,264,923)  
Net change in cash     105,737 (388,626)
Cash - beginning of the period     21,259 399,935
Cash - end of the period $ 126,996 $ 11,309 $ 126,996 $ 11,309