| Schedule of Class A common stock subject to possible redemption |
|
|
|
|
Gross proceeds from initial public offering |
|
$ |
241,500,000 |
Less: |
|
|
|
Fair value allocated to public warrants |
|
|
(7,498,575) |
Offering costs allocated to Class A common stock subject to possible redemption |
|
|
(14,647,648) |
Plus: |
|
|
|
Remeasurement on Class A common stock subject to possible redemption |
|
|
30,973,080 |
Class A common stock subject to possible redemption, December 31, 2022 |
|
$ |
250,326,857 |
Remeasurement on Class A common stock subject to possible redemption |
|
|
813,105 |
Class A common stock subject to possible redemption, March 31, 2023 |
|
|
251,139,962 |
Redemption of Class A common stock |
|
|
(210,031,815) |
Remeasurement on Class A common stock subject to possible redemption |
|
|
1,082,415 |
Class A common stock subject to possible redemption, June 30, 2023 |
|
$ |
42,190,562 |
|
|
|
|
|
Gross proceeds from initial public offering |
|
$ |
241,500,000 |
Less: |
|
|
|
Fair value allocated to public warrants |
|
|
(7,498,575) |
Offering costs allocated to Class A common stock subject to possible redemption |
|
|
(14,647,648) |
Plus: |
|
|
|
Re-measurement on Class A common stock subject to possible redemption |
|
|
30,973,080 |
Class A common stock subject to possible redemption, December 31, 2022 |
|
$ |
250,326,857 |
|
| Schedule of calculation of basic and diluted net loss per share of common stock |
The following table reflects the calculation of basic and diluted net loss per share of common stock (in dollars, except per share amounts):
|
|
|
|
|
|
|
|
|
For the Three Months Ended |
|
|
June 30, |
|
|
2023 |
|
2022 |
Class A common stock subject to possible redemption |
|
|
|
|
|
|
Numerator: (Loss) income attributable to Class A common stock subject to possible redemption |
|
|
|
|
|
|
Net (loss) income |
|
$ |
(3,581,854) |
|
$ |
1,115,519 |
Denominator: Weighted average Class A common stock subject to possible redemption |
|
|
(3,581,854) |
|
|
1,115,519 |
Basic and diluted weighted average shares outstanding, Class A common stock subject to possible redemption |
|
|
8,684,990 |
|
|
24,150,000 |
Basic and diluted net (loss) income per share, Class A common stock subject to possible redemption |
|
$ |
(0.41) |
|
$ |
0.05 |
|
|
|
|
|
|
|
Non-Redeemable Class A and Class B common stock |
|
|
|
|
|
|
Numerator: Net (loss) income |
|
|
|
|
|
|
Net (loss) income |
|
$ |
(3,000,413) |
|
$ |
334,656 |
Denominator: Weighted average non-redeemable Class A and Class B common stock |
|
|
(3,000,413) |
|
|
334,656 |
Basic and diluted weighted average shares outstanding, non-redeemable Class A and Class B common stock |
|
|
7,245,000 |
|
|
7,245,000 |
Basic and diluted net (loss) income per share, non-redeemable Class A and Class B common stock |
|
$ |
(0.41) |
|
$ |
0.05 |
|
|
|
|
|
|
|
|
|
For the Six Months Ended |
|
|
June 30, |
|
|
2023 |
|
2022 |
Class A common stock subject to possible redemption |
|
|
|
|
|
|
Numerator: Income attributable to Class A common stock subject to possible redemption |
|
|
|
|
|
|
Net (loss) income |
|
$ |
(3,647,509) |
|
$ |
8,106,757 |
Denominator: Weighted average Class A common stock subject to possible redemption |
|
|
(3,647,509) |
|
|
8,106,757 |
Basic and diluted weighted average shares outstanding, Class A common stock subject to possible redemption |
|
|
16,356,675 |
|
|
21,081,215 |
Basic and diluted net (loss) income per share, Class A common stock subject to possible redemption |
|
$ |
(0.22) |
|
$ |
0.38 |
|
|
|
|
|
|
|
Non-Redeemable Class A and Class B common stock |
|
|
|
|
|
|
Numerator: Net (loss) income |
|
|
|
|
|
|
Net (loss) income |
|
$ |
(1,615,622) |
|
$ |
2,786,056 |
Denominator: Weighted average non-redeemable Class A and Class B common stock |
|
|
(1,615,622) |
|
|
2,786,056 |
Basic and diluted weighted average shares outstanding, non-redeemable Class A and Class B common stock |
|
|
7,245,000 |
|
|
7,245,000 |
Basic and diluted net (loss) income per share, non-redeemable Class A and Class B common stock |
|
$ |
(0.22) |
|
$ |
0.38 |
|
The following table reflects the calculation of basic and diluted net loss per share of common stock (in dollars, except per share amounts):
|
|
|
|
|
|
|
|
|
Twelve Months |
|
|
Ended |
|
|
December 31, |
|
|
2022 |
|
2021 |
Class A common stock subject to possible redemption |
|
|
|
|
|
|
Numerator: Income attributable to Class A common stock subject to possible redemption |
|
|
|
|
|
|
Net income |
|
$ |
11,937,823 |
|
$ |
— |
Denominator: Weighted average Class A common stock subject to possible redemption |
|
|
|
|
|
|
Basic and diluted weighted average shares outstanding, Class A common stock subject to possible redemption |
|
|
22,604,795 |
|
|
— |
Basic and diluted net income per share, Class A common stock subject to possible redemption |
|
$ |
0.53 |
|
$ |
— |
|
|
|
|
|
|
|
Non-Redeemable Class B common stock |
|
|
|
|
|
|
Numerator: Income attributable to non-redeemable Class B common stock |
|
|
|
|
|
|
Net income (loss) |
|
$ |
3,826,158 |
|
$ |
(22,252) |
Denominator: Weighted average non-redeemable Class B common stock |
|
|
|
|
|
|
Basic and diluted weighted average shares outstanding, non-redeemable Class B common stock |
|
|
7,245,000 |
|
|
6,300,000 |
Basic and diluted net income (loss) per share, non-redeemable Class B common stock |
|
$ |
0.53 |
|
$ |
(0.00) |
|