Quarterly report pursuant to Section 13 or 15(d)

Unaudited Condensed Statements of Operations

v3.23.3
Unaudited Condensed Statements of Operations - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
General and administrative expenses $ 244,646 $ 140,020 $ 722,432 $ 769,625
Franchise tax expense 50,000 50,000 150,400 150,000
Loss from operations (294,646) (190,020) (872,832) (919,625)
Other income:        
Interest income from operating account 84 28 154 60
Income from investments held in Trust Account 566,050 1,380,604 5,367,063 1,824,626
Change in fair value of non-redemption agreements derivative liability (90,000) (120,000)
Total other income 476,134 1,380,632 5,247,217 1,824,686
Net income before income taxes 181,488 1,190,612 4,374,385 905,061
Income tax expense (108,389) (289,896) (1,095,532) (357,796)
Net income $ 73,099 $ 900,716 $ 3,278,853 $ 547,265
Class A Common Stock        
Other income:        
Weighted average shares outstanding of basic (in Shares) 5,504,572 31,350,000 16,959,872 31,350,000
Basic net income (loss) per share (in Dollars per share) $ 0 $ 0.02 $ 0.12 $ 0.01
Class B Common Stock        
Other income:        
Weighted average shares outstanding of basic (in Shares) 10,450,000 10,450,000 10,450,000 10,450,000
Basic net income (loss) per share (in Dollars per share) $ 0 $ 0.02 $ 0.12 $ 0.01