Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

v3.23.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash $ 123,334 $ 21,259
Prepaid expenses 163,306 43,670
Total current assets 286,640 64,929
Cash and Investments held in Trust Account 44,764,035 420,092,302
Total Assets 45,050,675 420,157,231
Current liabilities:    
Accrued expenses 5,247,177 4,124,690
Working capital loan - related party 500,000 $ 500,000
Non-convertible promissory note - related party 570,000  
Convertible promissory note - related party 290,000  
Capital Contribution Note 500,000  
Due to Third Party $ 895,000  
Other Liability, Current, Related Party, Type [Extensible Enumeration] Related Party Related Party
Total current liabilities $ 9,059,606 $ 5,140,565
Derivative warrant liabilities 929,400 1,549,000
Deferred underwriting commissions 5,796,000 5,796,000
Total liabilities 15,785,006 12,485,565
Commitments and Contingencies (Note 7)
Class A ordinary shares subject to possible redemption, $0.0001 par value; 4,205,185 and 41,400,000 shares at approximately $10.62 and $10.14 per share as of September 30, 2023 and December 31, 2022, respectively 44,664,035 419,992,302
Shareholders' Deficit:    
Preference shares, $0.0001 par value 5,000,000 shares authorized none issued or outstanding
Additional paid-in capital 4,060,164  
Accumulated deficit (19,459,565) (12,321,671)
Total shareholders' deficit (15,398,366) (12,320,636)
Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption and Shareholders' Deficit 45,050,675 420,157,231
Related Party    
Current liabilities:    
Accounts payable 485,000 345,000
Nonrelated Party    
Current liabilities:    
Accounts payable 572,429 170,875
Class A ordinary shares    
Shareholders' Deficit:    
Ordinary shares 0 0
Class A ordinary shares subject to possible redemption    
Current liabilities:    
Class A ordinary shares subject to possible redemption, $0.0001 par value; 4,205,185 and 41,400,000 shares at approximately $10.62 and $10.14 per share as of September 30, 2023 and December 31, 2022, respectively 44,664,035 419,992,302
Class B ordinary shares    
Shareholders' Deficit:    
Ordinary shares $ 1,035 $ 1,035