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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2022
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  
Schedule of common stock subject to possible redemption

Gross proceeds

    

$

115,000,000

Less:

 

  

Proceeds Allocated to Public Warrants

 

(12,483,555)

Common stock issuance costs

 

(6,923,767)

Plus:

 

  

Accretion of carrying value to redemption value

 

21,132,322

Common stock subject to possible redemption, December 31, 2021

116,725,000

Plus:

Accretion of carrying value to redemption value

1,142,603

Less:

Redemptions

(110,472,254)

Common stock subject to possible redemption, December 31, 2022

$

7,395,349

Schedule of basic and diluted net loss per common stock

The following table reflects the calculation of basic and diluted net loss per common stock (in dollars, except per share amounts):

For the Period from

March 30, 2021

Year Ended

(Inception) through

    

December 31, 2022

    

December 31, 2021

 

Common Stock

 

Common Stock

Basic and diluted net loss per of common stock

 

  

 

  

Numerator:

 

  

 

  

Net loss, as adjusted

$

(3,242,501)

$

(280,701)

Denominator:

 

  

 

  

Basic and diluted weighted average shares outstanding, common stock

 

12,741,219

 

3,981,054

Basic and diluted net loss per share, common stock

$

(0.25)

$

(0.07)