Annual report pursuant to Section 13 and 15(d)

STATEMENTS OF CHANGES IN SHAREHOLDERS' (DEFICIT)

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STATEMENTS OF CHANGES IN SHAREHOLDERS' (DEFICIT) - USD ($)
Class B Ordinary Shares [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Beginning balance, value at Feb. 15, 2021
Ending balance, shares at Feb. 15, 2021      
Issuance of Class B ordinary shares to Sponsor [1] $ 503 24,497 25,000
Issuance of class b ordinary shares to sponsor, shares [1] 5,031,250      
Net income 5,875,399 5,875,399
Share-based compensation 461,945 461,945
Excess of cash received over fair value of private placement warrants 179,971 179,971
Excess fair value of Founder Shares transferred to Anchor Investors 18,958,165 18,958,165
Accretion of Class A ordinary shares to redemption amount (19,624,578) (21,748,874) (41,373,452)
Forfeiture of Class B ordinary shares upon exercise of over-allotment option [1] $ (3) 3
Forfeiture of Class B ordinary shares upon exercise of over-allotment option, shares [1] (32,439)      
Share-based compensation       461,945
Waiver of deferred underwriting fee payable (see Note 6)      
Ending balance, value at Dec. 31, 2021 $ 500 (15,873,472) (15,872,972)
Ending balance, shares at Dec. 31, 2021 4,998,811      
Net income 4,822,634 4,822,634
Share-based compensation 2,634,528 2,634,528
Remeasurement of Class A ordinary shares to redemption amount (2,589,178) (2,589,178)
Waiver of deferred underwriting fee payable (see Note 6) 6,655,361 6,655,361
Ending balance, value at Dec. 31, 2022 $ 500 $ 2,634,528 $ (6,984,655) $ (4,349,627)
[1] Includes up to 656,250 Class B ordinary shares subject to repurchase by the Company if the over-allotment option is not exercised in full or in part by the underwriter. The underwriters partially exercised their over-allotment option on November 16, 2021. As a result of the underwriters’ partial exercise of the over-allotment option, the Company repurchased and cancelled 32,439 Founders Shares. No other Founder Shares remain subject to forfeiture.