Quarterly report pursuant to Section 13 or 15(d)

STATEMENTS OF CASH FLOWS

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STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash Flows from Operating Activities:    
Net income (loss) $ 24,980 $ (229,236)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Change in fair value of promissory note - related party 100,800  
Interest income on Trust Account (1,882,699) (12,910)
Change in fair value of warrant liabilities 960,000 (1,180,000)
Changes in operating assets and liabilities:    
Prepaid expenses (35,009) (99,756)
Accounts payable and accrued expenses 545,135 920,938
Net cash used in operating activities (216,775) (401,452)
Cash Flows from Investing Activities:    
Cash deposited in Trust Account (150,000)  
Cash withdrawn from Trust Account for payment to redeeming stockholders 137,142,200  
Net cash provided by investing activities 136,992,200  
Cash Flows from Financing Activities:    
Cash withdrawn from Trust Account for payment to redeeming stockholders (137,142,200)  
Net cash used in financing activities (137,142,200)  
Net Change in Cash (366,775) (401,452)
Cash - Beginning of Period 883,307 482,651
Cash - End of Period 516,532 81,199
Supplemental disclosure of noncash investing and financing activities:    
Adjustment to deferred underwriting fee payable   $ 1,750,000
Class A ordinary shares subject to possible redemption    
Supplemental disclosure of noncash investing and financing activities:    
Remeasurement of Class A ordinary shares subject to possible redemption $ 2,032,699