Quarterly report pursuant to Section 13 or 15(d)

RECURRING FAIR VALUE MEASUREMENTS (Tables)

v3.23.3
RECURRING FAIR VALUE MEASUREMENTS (Tables)
9 Months Ended
Sep. 30, 2023
Fair Value Disclosures [Abstract]  
Summary of assets and liabilities that are measured at fair value on a recurring basis
                       
September 30, 2023 (unaudited)   Level 1     Level 2     Level 3  
Liabilities:                        
Public Warrants   $ 1,897,500     $ -     $ -  
Private Warrants     -       -       1,908,768  
Total Liabilities   $ 1,897,500     $ -     $ 1,908,768  

 

December 31, 2022   Level 1     Level 2     Level 3  
Assets                        
Investments held in Trust Account   $ 356,976,495     $ -     $ -  
Total Assets   $ 356,976,495     $ -     $ -  
                         
Liabilities                        
Public Warrants   $ 1,093,650     $ -     $ -  
Private Warrants     -       -       1,125,515  
Total Liabilities   $ 1,093,650     $ -     $ 1,125,515  
Summary of simulation model for the private placement warrants and public warrants
               
    September 30,
2023
    December 31,
2022
 
    (unaudited)        
Share price   $ 10.88     $ 10.27  
Strike price   $ 11.50     $ 11.50  
Term (in years)     0.89       5.41  
Volatility     3.5 %     7.8 %
Risk-free rate     5.48 %     4.74 %
Dividend yield     0       0  
Summary Of Reconciliation Of Changes In Fair Value Of warrant Liabilities
                       
    Private
Placement
    Public     Warrant
Liabilities
 
Fair value as of December 31, 2022   $ 1,125,515     $ -     $ 1,125,515  
Change in fair value     558,888       -       558,888  
Fair value as of March 31, 2023 (unaudited)     1,684,403       -       1,684,403  
Change in fair value     (98,703 )     -       (98,703 )
Fair value as of June 30, 2023 (unaudited)     1,585,700       -       1,585,700  
Change in fair value     323,068       -       323,068  
Fair value as of September 30, 2023 (unaudited)   $ 1,908,768     $ -     $ 1,908,768