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 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Cash Flows from Operating Activities:        
Net income $ 2,062,652 $ 3,340,335 $ 3,467,564 $ 13,377,855
Adjustments to reconcile net income to net cash used in operating activities:        
Change in fair value of derivative warrant liabilities     1,046,000 (14,469,660)
Income from cash and investments held in Trust Account (663,149) (1,949,467) (5,082,769) (2,587,135)
Gain on waiver of deferred underwriter commission 0 0 (457,625) 0
Gain from extinguishment of Note payable (990,000) 0 (990,000) 0
Changes in operating assets and liabilities:        
Prepaid expenses     35,000 (4,233)
Accounts payable     542,905 630,587
Accrued expenses     1,356,611 1,988,712
Due to related party     61,029 0
Net cash used in operating activities     (21,285) (1,063,874)
Cash Flows from Investing Activities:        
Cash withdrawn from trust in connection with redemption     302,152,512 0
Cash deposited in Trust Account     (1,065,000) 0
Net cash provided by investing activities     301,087,512 0
Cash Flows from Financing Activities:        
Proceeds from note payable     990,000 0
Proceeds from note payable - related party     75,000 0
Redemption of class A shares     (302,152,512) 0
Net cash used in financing activities     (301,087,512) 0
Net change in cash     (21,285) (1,063,874)
Cash - beginning of the period     31,704 1,133,702
Cash - end of the period $ 10,419 $ 69,828 10,419 69,828
Supplemental disclosure of noncash financing activities:        
Accounts payable paid by the Sponsor     243,605 0
Reclass from Accounts payable to Due to related Party     $ 61,029 $ 0