Annual report pursuant to Section 13 and 15(d)

Balance Sheets

v3.23.1
Balance Sheets - USD ($)
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash $ 409,725 $ 790,770
Prepaid expenses 244,688 533,677
Total current assets 654,413 1,324,447
Investments held in Trust Account 309,744,280 306,003,154
Total Assets 310,398,693 307,327,601
Current liabilities:    
Accounts payable 552,059 304,778
Accrued expenses 12,874
Franchise tax payable 100,882 123,886
Income tax payable 414,724
Due to related party 28,043 11,098
Total current liabilities 1,095,708 452,636
Deferred underwriting commissions 11,200,000 11,200,000
Total liabilities 12,295,708 11,652,636
Commitments and Contingencies
Class A common stock subject to possible redemption, $0.0001 par value; 30,000,000 shares issued and outstanding at redemption value of approximately $10.30 and $10.20 per share as of December 31, 2022 and 2021, respectively 309,130,532 306,000,000
Stockholders’ Deficit:    
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding
Class A common stock, $0.0001 par value; 300,000,000 shares authorized; 1,350,000 shares issued and outstanding (excluding 30,000,000 shares subject to possible redemption) 135 135
Class B common stock, $0.0001 par value; 20,000,000 shares authorized; 10,450,000 shares issued and outstanding 1,045 1,045
Additional paid-in capital
Subscription receivable (600,000) (600,000)
Accumulated deficit (10,428,727) (9,726,215)
Total stockholders’ deficit (11,027,547) (10,325,035)
Total Liabilities, Class A Common Stock Subject to Possible Redemption, and Stockholders’ Deficit $ 310,398,693 $ 307,327,601