v3.23.1
STATEMENTS OF CASH FLOWS - USD ($)
11 Months Ended 12 Months Ended
Dec. 31, 2021
Dec. 31, 2022
Cash Flows from Operating Activities:    
Net income (loss) $ (25,475) $ 3,340,238
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Interest income on investments held in Trust Account   (4,316,583)
Changes in operating assets and liabilities:    
Prepaid expenses   (680,663)
Accrued offering costs 54,827  
Deferred offering costs (268,221)  
Accounts payable and accrued expenses 273 125,533
Due to affiliate   122,689
Net cash used in operating activities (238,596) (1,408,786)
Cash Flows from Investing Activities:    
Cash deposited to Trust Account   (294,687,500)
Net cash used in investing activities   (294,687,500)
Cash Flows from Financing Activities:    
Proceeds from Initial Public Offering net of underwriting fees   282,500,000
Proceeds from sale of private units   14,645,000
Repayment of promissory note - related party   (252,915)
Payment of offering costs   (298,540)
Proceeds notes payable - related party 238,596  
Net cash provided by financing activities 238,596 296,593,545
NET CHANGE IN CASH   497,259
CASH, END OF THE PERIOD   497,259
Non-cash investing and financing activities:    
Initial value of Class A ordinary shares subject to possible redemption   294,687,500
Deferred underwriting commissions payable charged to additional paid in capital   10,812,500
Remeasurement of Class A ordinary shares to redemption value   $ 33,209,323
Deferred offering costs included in accrued offering costs and due to affiliates 54,827  
Payment of deferred offering costs by note payable - related party 220,421  
Payment of expenses and deferred offering costs by the Sponsor in exchange for the issuance of Class B ordinary shares $ 25,000