Quarterly report pursuant to Section 13 or 15(d)

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

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UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Cash Flows from Operating Activities:        
Net income $ 2,309,823 $ 1,614,129 $ 1,404,912 $ 10,037,520
Adjustments to reconcile net income to net cash used in operating activities:        
Change in fair value of derivative warrant liabilities     2,092,000 (13,075,000)
Income from cash and investments held in Trust Account (817,516) (515,152) (4,419,621) (637,668)
Gain on waiver of deferred underwriter commission 0 0 (457,625) 0
Changes in operating assets and liabilities:        
Prepaid expenses     0 (40,833)
Accounts payable     303,084 (399,502)
Accrued expenses     1,055,963 3,051,604
Net cash used in operating activities     (21,287) (1,063,879)
Cash Flows from Investing Activities:        
Cash withdrawn from trust in connection with redemption     287,733,456 0
Cash deposited in Trust Account     (660,000) 0
Net cash provided by investing activities     287,073,456 0
Cash Flows from Financing Activities:        
Proceeds from note payable     660,000 0
Redemption of class A shares     (287,733,456) 0
Net cash used in financing activities     (287,073,456) 0
Net change in cash     (21,287) (1,063,879)
Cash - beginning of the period     31,704 1,133,702
Cash - end of the period $ 10,417 $ 69,823 $ 10,417 $ 69,823