Quarterly report pursuant to Section 13 or 15(d)

Unaudited Condensed Statements of Cash Flows

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Unaudited Condensed Statements of Cash Flows - USD ($)
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash Flows from Operating Activities:    
Net income (loss) $ 3,205,754 $ (353,451)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Income from investments held in Trust Account (4,801,013) (444,021)
Change in fair value of derivative liability 30,000
Changes in operating assets and liabilities:    
Prepaid expenses 101,616 154,575
Accounts payable 134,785 264,524
Accrued expenses (12,874)
Franchise tax payable (82,082) (73,470)
Income tax payable 342,143 67,900
Due to related party 30,229 9,000
Net cash used in operating activities (1,038,568) (387,817)
Cash Flows from Investing Activities:    
Investment income released from Trust Account to pay for taxes 1,477,482
Cash withdrawn from Trust Account in connection with redemption 269,597,445
Net cash provided by investing activities 271,074,927
Cash Flows from Financing Activities:    
Redemption of Class A common stock (269,597,445)
Net cash used in financing activities (269,597,445)
Net change in cash 438,914 (387,817)
Cash - beginning of the period 409,725 790,770
Cash - end of the period 848,639 402,953
Supplementary cash flow information:    
Cash paid for income taxes 645,000
Non-cash investing and financing activities:    
Initial classification of shareholder non-redemption agreements derivative liability $ 1,770,000