v3.23.3
CONDENSED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 6 Months Ended 11 Months Ended 12 Months Ended
Jun. 30, 2023
Mar. 31, 2023
Jun. 30, 2022
Mar. 31, 2022
Jun. 30, 2023
Jun. 30, 2022
Dec. 31, 2021
Dec. 31, 2022
Formation and operating costs $ 901,500   $ 430,744   $ 2,058,865 $ 959,859 $ 1,179,760 $ 1,809,484
Loss from operations (901,500)   (430,744)   (2,058,865) (959,859) (1,179,760) (1,809,484)
Other income:                
Interest earned on marketable securities held in Trust Account 5,862,881   703,370   11,279,715 829,671 117,677 7,277,660
Unrealized gain (loss) on marketable securities held in Trust Account 52,854   (126,150)     (111,572) 7,793 (68,050)
Other income, net 5,915,735   577,220   11,279,715 718,099 125,470 7,209,610
Income before provision for income taxes 5,014,235   146,476   9,220,850 (241,760) (1,054,290) 5,400,126
Provision for income taxes (1,231,804)   (92,115)   (2,347,740) (92,115) (2,416) (1,474,356)
Net income (loss) $ 3,782,431 $ 3,090,679 $ 54,361 $ (388,236) $ 6,873,110 $ (333,875) $ (1,056,706) $ 3,925,770
Common shares subject to redemption                
Other income:                
Weighted average number of shares outstanding, basic 50,000,000   50,000,000   50,000,000 50,000,000    
Weighted average number of shares outstanding, diluted 50,000,000   50,000,000   50,000,000 50,000,000    
Basic net income (loss) per share $ 0.06   $ 0.00   $ 0.11 $ (0.01)    
Diluted net income (loss) per share $ 0.06   $ 0.00   $ 0.11 $ (0.01)    
Common shares not subject to redemption                
Other income:                
Weighted average number of shares outstanding, basic 13,950,000   13,950,000   13,950,000 13,950,000    
Weighted average number of shares outstanding, diluted 13,950,000   13,950,000   13,950,000 13,950,000    
Basic net income (loss) per share $ 0.06   $ 0.00   $ 0.11 $ (0.01)    
Diluted net income (loss) per share $ 0.06   $ 0.00   $ 0.11 $ (0.01)    
Class A Common Stock Not Subject to Redemption                
Other income:                
Weighted average number of shares outstanding, basic             12,787,748 13,950,000
Weighted average number of shares outstanding, diluted             12,787,748 13,950,000
Basic net income (loss) per share             $ (0.03) $ 0.06
Diluted net income (loss) per share             $ (0.03) $ 0.06
Class A Common Stock Subject to Possible Redemption                
Other income:                
Weighted average number of shares outstanding, basic             28,476,821 50,000,000
Weighted average number of shares outstanding, diluted             28,476,821 50,000,000
Basic net income (loss) per share             $ (0.03) $ 0.06
Diluted net income (loss) per share             $ (0.03) $ 0.06