v3.23.4
Condensed Consolidated Statements of Cash Flows - USD ($)
9 Months Ended 11 Months Ended 12 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Dec. 31, 2021
Dec. 31, 2022
Cash Flows from Operating Activities:        
Net income $ 705,617 $ 360,273 $ (10,861) $ 1,890,290
Adjustments to reconcile net income to net cash used in operating activities:        
Formation cost paid by Sponsor in exchange for issuance of Founder Shares     5,000 0
Interest earned on marketable securities held in Trust Account (7,024,163) (1,405,427) 0 (3,399,736)
Change in fair value of Convertible Promissory Notes – Related Party 38,199 0    
Changes in operating assets and liabilities:        
Prepaid expenses and other current assets 391,815 (612,572) (2,049) (588,834)
Prepaid insurance, long-term 24,469 (171,281) 0 (24,469)
Accrued expenses 794,631 60,063 0 30,348
Deferred legal fee payable 2,280,000 28,000 0 160,000
Accrued interest payable 41,773 0    
Net cash used in operating activities (2,747,659) (1,740,944) (7,910) (1,932,401)
Cash Flows from Investing Activities:        
Investment of cash in Trust Account 0 (235,750,000) 0 (235,750,000)
Cash withdrawn from Trust Account in connection with redemption 161,041,354 0    
Net cash provided by (used in) investing activities 161,041,354 (235,750,000) 0 (235,750,000)
Cash Flows from Financing Activities:        
Proceeds from issuance of Class B ordinary shares to Anchor Investor 0 6,221 0 6,221
Proceeds from sale of Units, net of underwriting discounts paid 0 225,400,000 0 225,400,000
Proceeds from sale of Private Placement Warrants 0 13,550,000 0 13,550,000
Proceeds from promissory note – Related Party 0 75 240,554 75
Proceeds from convertible promissory notes— Related Party 2,373,952 0    
Repayment of promissory note – Related Party 0 (240,629) 0 (240,629)
Payment of offering costs (85,000) (417,146) (232,654) (417,146)
Redemption of Class A ordinary shares (161,041,354) 0    
Net cash (used in) provided by financing activities (158,752,402) 238,298,521 7,910 238,298,521
Net Change in Cash (458,707) 807,577 0 616,120
Cash – Beginning of period 616,120 0 0 0
Cash – End of period 157,413 807,577 0 616,120
Non-Cash investing and financing activities:        
Offering costs included in accrued offering costs 0 85,000 342,955 85,000
Offering costs paid directly by Sponsor in exchange for the issuance of Class B ordinary shares     20,000 0
Excess fair value of Founder shares attributable to Anchor Investor 0 10,402,810 0 10,402,810
Remeasurement of Class A ordinary shares to redemption amount 0 35,290,170 0 35,290,170
Accretion for Class A ordinary shares to redemption amount 7,024,163 1,405,427 0 3,399,736
Proceeds received from convertible promissory notes in excess of initial fair value 758,814 0    
Deferred underwriting fee payable $ 0 $ 8,050,000 $ 0 $ 8,050,000