Magnum Opus Acquisition Limited Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)
Notes Tables
- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
- FAIR VALUE MEASUREMENTS (Tables)
Notes Details

FAIR VALUE MEASUREMENTS - Fair value of warrants liabilities (Details)

v3.23.1

FAIR VALUE MEASUREMENTS - Fair value of warrants liabilities (Details)	3 Months Ended
	Mar. 31, 2023 USD ($) $ / shares	Mar. 31, 2022 USD ($)	Dec. 31, 2022 $ / shares
FAIR VALUE MEASUREMENTS
Fair value as of beginning balance	$ 320,000
Change in fair value	960,000
Fair value as of ending balance	1,280,000
Change in fair value of warrant liabilities recognized in statement of operations	(960,000)	$ 1,180,000
Loss on change in fair value of Promissory note - related party	100,800	$ 0
Level 3 \| Convertible promissory note - related party
FAIR VALUE MEASUREMENTS
Fair value as of beginning balance	295,900
Change in fair value	100,800
Fair value as of ending balance	396,700
Private Placement Warrants
FAIR VALUE MEASUREMENTS
Fair value as of beginning balance	120,000
Change in fair value	360,000
Fair value as of ending balance	$ 480,000
Private Placement Warrants \| Fair value of warrants [Member]
FAIR VALUE MEASUREMENTS
Measurement input \| $ / shares	0.08		0.02
Private Placement Warrants \| Level 3
FAIR VALUE MEASUREMENTS
Fair value as of beginning balance	$ 120,000
Change in fair value	360,000
Fair value as of ending balance	480,000
Public Warrants
FAIR VALUE MEASUREMENTS
Fair value as of beginning balance	200,000
Change in fair value	600,000
Fair value as of ending balance	$ 800,000
Public Warrants \| Fair value of warrants [Member]
FAIR VALUE MEASUREMENTS
Measurement input	0.08		0.02

- Definition

Amount of change in fair value of convertible promissory note.

+ References

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- Definition

Value of input used to measure derivative liability.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
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Amount of expense (income) related to adjustment to fair value of warrant liability.

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- Definition

Amount of gain (loss) recognized in income from liability measured at fair value on recurring basis using unobservable input (level 3).

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- Definition

Fair value of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.

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