Annual report pursuant to Section 13 and 15(d)

BALANCE SHEETS

v3.23.1
BALANCE SHEETS - USD ($)
Dec. 31, 2022
Dec. 31, 2021
Current assets    
Cash $ 129,195 $ 1,223,657
Prepaid expenses 57,876 398,253
Total Current Assets 187,071 1,621,910
Cash and marketable securities in Trust Account 349,743,202 345,034,441
TOTAL ASSETS 349,930,273 346,656,351
Current liabilities    
Accounts payable and accrued expenses 2,593,527 967,453
Advance from related parties 9,893 360
Total Current Liabilities 2,603,420 967,813
Warrant liabilities   10,061,333
Deferred underwriting fee payable 12,075,000 12,075,000
Total Liabilities 14,678,420 23,104,146
Commitments and Contingencies
Class A ordinary shares subject to possible redemption; 500,000,000 shares authorized; 34,500,000 at $10.14 and $10.00 per share as of December 31, 2022 and 2021 349,743,202 345,000,000
Shareholders' Deficit    
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding
Accumulated deficit (14,492,212) (21,448,658)
Total Shareholders' Deficit (14,491,349) (21,447,795)
TOTAL LIABILITIES, CLASS A SHARES SUBJECT TO POSSIBLE REDEMPTION AND SHAREHOLDERS' DEFICIT 349,930,273 346,656,351
Class A ordinary shares subject to possible redemption    
Current liabilities    
Class A ordinary shares subject to possible redemption; 500,000,000 shares authorized; 34,500,000 at $10.14 and $10.00 per share as of December 31, 2022 and 2021 349,743,202 345,000,000
Class B ordinary shares    
Shareholders' Deficit    
Class B ordinary shares, $0.0001 par value; 50,000,000 shares authorized; 8,625,000 shares issued and outstanding as of December 31, 2022 and 2021 $ 863 $ 863