Quarterly report pursuant to Section 13 or 15(d)

CONDENSED BALANCE SHEETS (Unaudited)

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CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash $ 186,176 $ 610,971
Prepaid insurance and other current assets 179,814 345,166
Total current assets 365,990 956,137
Investments held in trust account 209,302,572 204,641,162
TOTAL ASSETS 209,668,562 205,597,299
Current liabilities:    
Accounts payable 141,411 81,076
Accrued expenses 184,641 181,633
Accrued contingent legal costs 2,956,810 2,066,035
Due to Sponsor 34,652 37,628
Total current liabilities 3,317,514 2,366,372
Warrant liabilities 1,899,618 3,039,391
TOTAL LIABILITIES 5,217,132 5,405,763
Class A ordinary shares subject to possible redemption; 19,995,246 shares at redemption value of $10.46 per share and $10.23 per share at June 30, 2023 and December 31, 2022 respectively 209,202,572 204,541,163
Shareholders’ Deficit    
Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued and outstanding
Additional paid-in capital 3,940,965 2,634,528
Accumulated deficit (8,692,607) (6,984,655)
Total Shareholders’ Deficit (4,751,142) (4,349,627)
TOTAL LIABILITIES AND SHAREHOLDERS’ DEFICIT 209,668,562 205,597,299
Common Class A [Member]    
Shareholders’ Deficit    
Common Stock, Value, Issued
Class B Ordinary Shares [Member]    
Shareholders’ Deficit    
Common Stock, Value, Issued $ 500 $ 500