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Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2023
Significant Accounting Policies  
Summary of reconciliation of common stock subject to possible redemption

At June 30, 2023 and December 31, 2022, the Class A common stock reflected in the condensed balance sheets is reconciled in the following table:

Gross proceeds

    

$

333,500,000

Less:

 

Proceeds allocated to Public Warrants

 

(11,639,150)

Class A common stock issuance costs

 

(18,244,148)

Plus:

 

Remeasurement of carrying value to redemption value

 

33,741,754

Class A common stock subject to possible redemption, December 31, 2022

337,358,456

Less:

Redemptions

(321,160,140)

Plus:

Remeasurement of carrying value to redemption value

2,422,374

Class A common stock subject to possible redemption, March 31, 2023

18,620,690

Plus:

Remeasurement of carrying value to redemption value

50,000

Class A common stock subject to possible redemption, June 30, 2023

$

18,670,690

Summary of reconciliation of net income per common share

For the Three Months

For the Six Months

Ended June 30, 

Ended June 30, 

    

2023

    

2022

    

2023

    

2022

Class A Common Stock subject to possible redemption

Numerator: Net (loss) income allocable to Class A common stock

$

(310,554)

$

1,489,501

$

(943,206)

$

4,306,855

Denominator: Weighted Average Class A common stock

Basic and diluted weighted average shares outstanding

1,847,069

33,350,000

13,334,326

33,350,000

Basic and diluted net (loss) income per share

$

(0.17)

$

0.04

$

(0.07)

$

0.13

Class A Common Stock

Numerator: Net loss allocable to Class A common stock

(1,389,205)

(371,335)

Denominator:

Weighted Average Class A common stock - Basic and diluted weighted average shares outstanding

8,262,500

5,249,655

Basic and diluted net loss per share

$

(0.17)

$

$

(0.07)

$

Class B Common Stock

Numerator: Net (loss) income allocable to Class B common stock

(12,610)

372,375

(218,419)

1,076,714

Denominator:

Weighted Average Class B common stock - Basic and diluted weighted average shares outstanding

75,000

8,337,500

3,087,845

8,337,500

Basic and diluted net (loss) income per share

$

(0.17)

$

0.04

$

(0.07)

$

0.13