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 ($)
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash Flows from Operating Activities:    
Net income $ 3,278,853 $ 547,265
Adjustments to reconcile net income to net cash used in operating activities:    
Income from investments held in Trust Account (5,367,063) (1,824,626)
Change in fair value of non-redemption agreements derivative liability 120,000
Changes in operating assets and liabilities:    
Prepaid expenses 194,924 226,930
Accounts payable 187,703 216,700
Accrued expenses (12,874)
Franchise tax payable (72,082) (48,237)
Income tax payable (199,468) 267,796
Due to related party 60,229 12,556
Net cash used in operating activities (1,796,904) (614,490)
Cash Flows from Investing Activities:    
Investment income released from Trust Account to pay for taxes 1,517,482 290,095
Cash withdrawn from Trust Account in connection with redemption 269,597,445
Net cash provided by investing activities 271,114,927 290,095
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 (279,422) (324,395)
Cash - beginning of the period 409,725 790,770
Cash - end of the period 130,303 466,375
Supplementary cash flow information:    
Cash paid for income taxes 1,295,000
Non-cash investing and financing activities:    
Initial classification of shareholder non-redemption agreements derivative liability $ 1,770,000