XML 28 R18.htm IDEA: XBRL DOCUMENT v3.23.2
FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)
6 Months Ended
Jun. 30, 2023
Fair Value Disclosures [Abstract]  
SCHEDULE OF ASSETS AND LIABILITIES MEASURED AT FAIR VALUE ON RECURRING BASIS

 

  

June 30,

2023

  

Quoted

Prices

In Active

Markets

(Level 1)

  

Significant

Other

Observable

Inputs

(Level 2)

  

Significant

Other

Unobservable

Inputs

(Level 3)

 
Assets                    
Investments held in Trust Account: Money Market Funds  $27,565,065   $27,565,065   $           $              
Total Assets  $27,565,065   $27,565,065   $   $ 

 

  

December 31,

2022

  

Quoted

Prices

In Active

Markets

(Level 1)

  

Significant

Other

Observable

Inputs

(Level 2)

  

Significant

Other

Unobservable

Inputs

(Level 3)

 
Assets                    
Investments held in Trust Account: Money Market Funds  $112,997,024   $112,997,024   $               $              
Total Assets  $112,997,024   $112,997,024   $   $ 
SCHEDULE OF FAIR VALUE MEASUREMENT INPUTS AND VALUATION TECHNIQUES

 

   March 4, 2022 
Underlying common stock price  $9.74 
Cash flow discount rate   1.74%
Unit purchase price  $11.50 
Estimated term   5.99 years 
Volatility   9.95%