Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

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Condensed Consolidated Statements of Cash Flows - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2023
Mar. 31, 2023
Sep. 30, 2022
Mar. 31, 2022
Sep. 30, 2023
Sep. 30, 2022
Dec. 31, 2022
Cash Flows from Operating Activities:              
Net (loss) income $ (664,628) $ (1,448,735) $ 1,158,637 $ 8,617,191 $ (3,771,829) $ 9,540,916  
Adjustments to reconcile net (loss) income to net cash used in operating activities:              
Interest income earned on Trust (130,225)   (222,471)   (407,471) (534,340)  
Unrealized gain (loss) on change in fair value of warrants 99,749   (1,389,550)   27,638 (11,915,139)  
Changes in current assets and current liabilities:              
Prepaid expenses         (16,685) 160,223  
Due to related party, net         0 90,000  
Deferred legal fee         2,680,315 1,550,515  
Income taxes payable         55,780 22,803  
Advances from Sponsor         208,475 788,423  
Accounts payable and accrued expenses         883,505 196,683  
Net cash used in operating activities         (340,272) (99,916)  
Cash Flows from Investing Activities:              
Reimbursement of franchise tax payment         205,400 0  
Cash withdrawn from Trust Account in connection with redemption         3,436,338 0  
Net cash provided by investing activities         3,641,738 0  
Cash Flows from Financing Activities:              
Proceeds from issuance of promissory note to related party         135,000 0  
Funds withdrawn from Trust Account         0 81,200  
Redemption of Class A common stock         (3,436,338) 0  
Net cash (used in) provided by financing activities         (3,301,338) 81,200  
Net Change in Cash         128 (18,716)  
Cash-Beginning   $ 760   $ 43,054 760 43,054 $ 43,054
Cash-Ending $ 888   $ 24,338   888 24,338 $ 760
Supplemental Disclosure of Non-cash Financing Activities:              
Waiver of amounts due to related party under the Administrative Support Agreement         242,089 0  
Payment from Trust Account in connection with redemption of shares         0 249,614,847  
Cash paid for franchise taxes         $ 206,750 $ 231,851