v3.23.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2022
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  
Schedule of reconciliation of redeemable ordinary share subject to possible redemption

At December 31, 2022, the redeemable ordinary shares subject to possible redemption reflected in the balance sheet is reconciled in the following table:

Gross proceeds

    

$

287,500,000

Less:

 

Fair value to Public Warrants at issuance

 

(5,606,250)

Redeemable ordinary share issuance costs

 

(16,098,990)

Plus: Remeasurement of carrying value to redemption value

 

33,209,323

Redeemable ordinary shares subject to possible redemption at December 31, 2022

$

299,004,083

Schedule of reconciliation of the numerator and denominator used to compute basic and diluted net loss per share

For year ended

For the period February 9, 2021

December 31, 2022

(Inception) to December 31, 2021

Non-

Non-

    

Redeemable

    

Redeemable

    

Redeemable

    

Redeemable

Basic and diluted net income (loss) per share:

Numerator:

Allocation of net income (loss)

$

2,582,508

$

757,730

$

$

(25,475)

Denominator:

Weighted average shares outstanding

 

24,496,575

 

7,187,500

 

 

6,250,000

Basic and dilution net income (loss) per share

$

0.11

$

0.11

$

$

(0.00)