Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v3.23.2
FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Jun. 30, 2023
FAIR VALUE MEASUREMENTS  
Schedule of company's assets that are measured at fair value on a recurring basis

June 30, 

December 31, 

Description

    

  Level  

    

2023

    

2022

Assets:

 

  

 

  

 

  

U.S. Mutual Funds Held in Trust Account

 

1

$

26,368,415

$

118,377,460

Liabilities:

Due to non-redeeming stockholders

3

$

320,000

$

Schedule of changes in the fair value of Level 3 liability due to Non-redeeming Stockholders

Fair value as of December 31, 2022

    

$

Initial value

 

480,000

Payment to Non-redeeming Stockholders

(160,000)

Fair value as of June 30, 2023

$

320,000