Plum Acquisition Corp. III (PLMJF) 10-Q 21 Aug 23 2023 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2023	Aug. 16, 2023
Entity Listings [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2023
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q2
Document Transition Report	false
Entity File Number	001-40677
Entity Registrant Name	ALPHA PARTNERS TECHNOLOGY MERGER CORP.
Entity Central Index Key	0001845550
Entity Incorporation, State or Country Code	E9
Entity Tax Identification Number	98-1581691
Entity Address, Address Line One	Empire State Building
Entity Address, Address Line Two	Suite 4215
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10001
City Area Code	212
Local Phone Number	906-4480
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Shell Company	true
Entity Ex Transition Period	false
Class A Ordinary Shares [Member]
Entity Listings [Line Items]
Title of 12(b) Security	Class A ordinary shares included as part of the Units, par value $0.0001 per share
Entity Common Stock, Shares Outstanding		15,582,409
Trading Symbol	APTM
Security Exchange Name	NASDAQ
Class B Ordinary Shares [Member]
Entity Listings [Line Items]
Entity Common Stock, Shares Outstanding		7,062,500
Warrant [Member]
Entity Listings [Line Items]
Title of 12(b) Security	Redeemable warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50
Trading Symbol	APTMW
Security Exchange Name	NASDAQ
Capital Units [Member]
Entity Listings [Line Items]
Title of 12(b) Security	Units, each consisting of one Class A ordinary share and one-third of one redeemable warrant to acquire one Class A ordinary share
Trading Symbol	APTMU
Security Exchange Name	NASDAQ

CONDENSED BALANCE SHEETS

CONDENSED BALANCE SHEETS - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Current assets:
Cash	$ 304,513	$ 726,869
Prepaid expenses	60,198	193,947
Total current assets	364,711	920,816
Investments held in Trust Account	293,076,995	286,583,051
Total Assets	293,441,706	287,503,867
Current liabilities
Accrued expenses and other current liabilities	1,062,220	1,214,321
Total current liabilities	1,141,554	1,268,564
Warrant liabilities	482,367	482,367
Deferred underwriting fee payable	9,887,500	9,887,500
Total Liabilities	11,511,421	11,638,431
Commitments (Note 6)
Class A ordinary shares subject to possible redemption, 28,250,000 shares at redemption value	293,076,995	286,583,051
Shareholders' Deficit
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding	0	0
Additional paid-in capital	0	0
Accumulated deficit	(11,147,503)	(10,718,408)
Total Shareholders' Deficit	(11,146,710)	(10,717,615)
Total Liabilities and Shareholders' Deficit	293,441,706	287,503,867
Related Party [Member]
Current liabilities
Accounts payable	24,442	15,377
Nonrelated Party [Member]
Current liabilities
Accounts payable	54,892	38,866
Class A Ordinary Shares [Member]
Shareholders' Deficit
Common Stock	87	87
Class B Ordinary Shares [Member]
Shareholders' Deficit
Common Stock	$ 706	$ 706

CONDENSED BALANCE SHEETS (Paren

CONDENSED BALANCE SHEETS (Parenthetical) - $ / shares	Jun. 30, 2023	Dec. 31, 2022
Preferred stock par or stated value per share	$ 0.0001	$ 0.0001
Preferred stock shares authorized	1,000,000	1,000,000
Preferred stock shares issued	0	0
Preferred stock shares outstanding	0	0
Class A Ordinary Shares [Member]
Temporary equity, shares outstanding	28,250,000	28,250,000
Common stock par or stated value per share	$ 0.0001	$ 0.0001
Common stock shares authorized	200,000,000	200,000,000
Common stock shares issued	865,000	865,000
Common stock shares outstanding	865,000	865,000
Class B Ordinary Shares [Member]
Common stock par or stated value per share	$ 0.0001	$ 0.0001
Common stock shares authorized	20,000,000	20,000,000
Common stock shares issued	7,062,500	7,062,500
Common stock shares outstanding	7,062,500	7,062,500

CONDENSED STATEMENTS OF OPERATI

CONDENSED STATEMENTS OF OPERATIONS - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Operating and formation costs	$ 353,926	$ 575,990	$ 804,694	$ 1,200,530
Loss from operations	(353,926)	(575,990)	(804,694)	(1,200,530)
Other income :
Interest income on bank account	617	0	624	0
Interest and dividend income on investments held in Trust Account	3,453,154	381,481	6,493,944	409,811
Gain related to potential business combination	0	0	374,975	0
Gain on change in fair value of warrant liabilities	844,141	3,203,124	0	7,017,383
Net income	3,943,986	3,008,615	6,064,849	6,226,664
Class A Ordinary Shares [Member]
Other income :
Net income	$ 3,174,049	$ 2,421,279	$ 4,880,881	$ 5,011,107
Basic weighted average shares outstanding	29,115,000	29,115,000	29,115,000	29,115,000
Diluted weighted average shares outstanding	29,115,000	29,115,000	29,115,000	29,115,000
Basic net income per share	$ 0.11	$ 0.08	$ 0.17	$ 0.17
Diluted net income per share	$ 0.11	$ 0.08	$ 0.17	$ 0.17
Class B Ordinary Shares [Member]
Other income :
Net income	$ 769,937	$ 587,336	$ 1,183,968	$ 1,215,557
Basic weighted average shares outstanding	7,062,500	7,062,500	7,062,500	7,062,500
Diluted weighted average shares outstanding	7,062,500	7,062,500	7,062,500	7,062,500
Basic net income per share	$ 0.11	$ 0.08	$ 0.17	$ 0.17
Diluted net income per share	$ 0.11	$ 0.08	$ 0.17	$ 0.17

CONDENSED STATEMENTS OF CHANGES

CONDENSED STATEMENTS OF CHANGES IN SHAREHOLDERS' DEFICIT - USD ($)	Common Stock [Member] Class A Ordinary Shares [Member]	Common Stock [Member] Class B Ordinary Shares [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit [Member]	Total	Class A Ordinary Shares [Member]	Class B Ordinary Shares [Member]
Beginning Balance (in shares) at Dec. 31, 2021	865,000	7,062,500
Beginning Balance at Dec. 31, 2021	$ 87	$ 706	$ 0	$ (15,699,275)	$ (15,698,482)
Increase (Decrease) in Shareholders' Equity (Deficit) [Roll Forward]
Remeasurement of Class A ordinary shares to redemption amount	0	0	0	(28,330)	(28,330)
Net income				3,218,049	3,218,049
Ending balance at Mar. 31, 2022	$ 87	$ 706	0	(12,509,556)	(12,508,763)
Ending balance (in shares) at Mar. 31, 2022	865,000	7,062,500
Beginning Balance (in shares) at Dec. 31, 2021	865,000	7,062,500
Beginning Balance at Dec. 31, 2021	$ 87	$ 706	0	(15,699,275)	(15,698,482)
Increase (Decrease) in Shareholders' Equity (Deficit) [Roll Forward]
Net income					6,226,664	$ 5,011,107	$ 1,215,557
Ending balance at Jun. 30, 2022	$ 87	$ 706	0	(9,882,422)	(9,881,629)
Ending balance (in shares) at Jun. 30, 2022	865,000	7,062,500
Beginning Balance (in shares) at Mar. 31, 2022	865,000	7,062,500
Beginning Balance at Mar. 31, 2022	$ 87	$ 706	0	(12,509,556)	(12,508,763)
Increase (Decrease) in Shareholders' Equity (Deficit) [Roll Forward]
Remeasurement of Class A ordinary shares to redemption amount	0	0	0	(381,481)	(381,481)
Net income				3,008,615	3,008,615	2,421,279	587,336
Ending balance at Jun. 30, 2022	$ 87	$ 706	0	(9,882,422)	(9,881,629)
Ending balance (in shares) at Jun. 30, 2022	865,000	7,062,500
Beginning Balance (in shares) at Dec. 31, 2022	865,000	7,062,500
Beginning Balance at Dec. 31, 2022	$ 87	$ 706	0	(10,718,408)	(10,717,615)
Increase (Decrease) in Shareholders' Equity (Deficit) [Roll Forward]
Remeasurement of Class A ordinary shares to redemption amount	0	0	0	(3,040,790)	(3,040,790)
Net income				2,120,863	2,120,863
Ending balance at Mar. 31, 2023	$ 87	$ 706	0	(11,638,335)	(11,637,542)
Ending balance (in shares) at Mar. 31, 2023	865,000	7,062,500
Beginning Balance (in shares) at Dec. 31, 2022	865,000	7,062,500
Beginning Balance at Dec. 31, 2022	$ 87	$ 706	0	(10,718,408)	(10,717,615)
Increase (Decrease) in Shareholders' Equity (Deficit) [Roll Forward]
Net income					6,064,849	4,880,881	1,183,968
Ending balance at Jun. 30, 2023	$ 87	$ 706	0	(11,147,503)	(11,146,710)
Ending balance (in shares) at Jun. 30, 2023	865,000	7,062,500
Beginning Balance (in shares) at Mar. 31, 2023	865,000	7,062,500
Beginning Balance at Mar. 31, 2023	$ 87	$ 706	0	(11,638,335)	(11,637,542)
Increase (Decrease) in Shareholders' Equity (Deficit) [Roll Forward]
Remeasurement of Class A ordinary shares to redemption amount	0	0	0	(3,453,154)	(3,453,154)
Net income				3,943,986	3,943,986	$ 3,174,049	$ 769,937
Ending balance at Jun. 30, 2023	$ 87	$ 706	$ 0	$ (11,147,503)	$ (11,146,710)
Ending balance (in shares) at Jun. 30, 2023	865,000	7,062,500

CONDENSED STATEMENTS OF CASH FL

CONDENSED STATEMENTS OF CASH FLOWS - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Cash Flows from Operating Activities:
Net income	$ 3,943,986	$ 3,008,615	$ 6,064,849	$ 6,226,664
Adjustments to reconcile net income to net cash used in operating activities:
Interest and dividend income on investments held in Trust Account	(3,453,154)	(381,481)	(6,493,944)	(409,811)
Gain on change in fair value of warrant liability			0	(7,017,383)
Changes in operating assets and liabilities:
Prepaid expenses			133,749	141,790
Accounts payable			16,026	(39,363)
Accounts payable-related party			9,065	(26,115)
Accrued expenses and other current liabilities			(152,101)	392,940
Net cash used in operating activities			(422,356)	(731,278)
Net Change in Cash			(422,356)	(731,278)
Cash-Beginning of period			726,869	2,124,185
Cash-End of period	$ 304,513	$ 1,392,907	304,513	1,392,907
Non-cash investing and financing activities
Remeasurement of Class A ordinary shares subject to redemption to redemption value			$ 6,493,944	$ 409,811

Description of Organization and

Description of Organization and Business Operations and Liquidity	6 Months Ended
	Jun. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Organization and Business Operations and Liquidity	NOTE 1. DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS AND LIQUIDITY Alpha Partners Technology Merger Corp. Cayman Islands As of June 30, 2023 for the three and six months ended June 30, 2023 for the three and six months ended June 30, 2022 December 31 The registration statement for the Company’s Initial Public Offering was declared effective on July 27, 2021 July 30, 2021 Class A ordinary shares $10.00 $250,000,000 Simultaneously with the closing of the Initial Public Offering, the Company consummated the sale of 800,000 units (the “Private Placement Units”) at a price of $10.00 Alpha Partners Technology Merger Sponsor LLC $8,000,000 The Company had granted the underwriters in the Initial Public Offering a 45-day option to purchase up to 3,750,000 additional Units to cover over-allotments, if any (see Note 6). On August 5, 2021 $32,500,000 Simultaneously with the closing of the exercise of the over-allotment option, the Company consummated the sale of 65,000 units (the “Over-Allotment Private Placement Units”) at a purchase price of $10.00 $650,000 Upon closing of the Initial Public Offering, the sale of the Private Placement Units, the sale of the Over-Allotment Units, and the sale of the Over-Allotment Private Placement Units, a total of $282,500,000 The Company will provide the holders of its outstanding Public Shares (the “Public Shareholders”) with the opportunity to redeem all or a portion of their Public Shares upon the completion of a Business Combination either (i) in connection with a shareholder meeting called to approve the Business Combination or (ii) by means of a tender offer. The decision as to whether the Company will seek shareholder approval of a Business Combination or conduct a tender offer will be made by the Company, solely in its discretion. The Public Shareholders will be entitled to redeem their Public Shares for a pro rata portion of the amount then in the Trust Account (initially $10.00 The Company will proceed with a Business Combination only if the Company has net tangible assets of at least $5,000,001 either prior to or upon such consummation of a Business Combination and, if the Company seeks shareholder approval, a majority of the shares voted are voted in favor of the Business Combination. If a shareholder vote is not required by law and the Company does not decide to hold a shareholder vote for business or other reasons, the Company will, pursuant to its amended and restated memorandum and articles of association (the “Amended and Restated Memorandum and Articles of Association”), conduct the redemptions pursuant to the tender offer rules of the U.S. Securities and Exchange Commission (“SEC”) and file tender offer documents with the SEC prior to completing a Business Combination. If, however, shareholder approval of the transaction is required by law, or the Company decides to obtain shareholder approval for business or other reasons, the Company will offer to redeem shares in conjunction with a proxy solicitation pursuant to the proxy rules and not pursuant to the tender offer rules. If the Company seeks shareholder approval in connection with a Business Combination, the Sponsor has agreed to vote its Founder Shares (as defined in Note 5) and any Public Shares purchased during or after the Initial Public Offering in favor of approving a Business Combination. Additionally, each public shareholder may elect to redeem their Public Shares irrespective of whether they vote for or against the proposed transaction or don’t vote at all. Notwithstanding the above, if the Company seeks shareholder approval of a Business Combination and it does not conduct redemptions pursuant to the tender offer rules, the Amended and Restated Memorandum and Articles of Association provides that a public shareholder, together with any affiliate of such shareholder or any other person with whom such shareholder is acting in concert or as a “group” (as defined under Section 13 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)), will be restricted from redeeming its shares with respect to more than an aggregate of 15% or more of the Public Shares, without the prior consent of the Company. The Company’s Sponsor, officers and directors have agreed to waive (i) redemption rights with respect to their Founder Shares and Public Shares held by them in connection with the completion of a Business Combination, (ii) redemption rights with respect to any Founder Shares and Public Shares held by them in connection with a shareholder vote to approve an amendment to the Amended and Restated Memorandum and Articles of Association that would modify the substance or timing of the obligation to provide holders of the Class A ordinary shares the right to have their shares redeemed in connection with an initial Business Combination or to redeem 100% of the Public Shares if the Company does not complete an initial Business Combination within 24 months from the closing of the Initial Public Offering or with respect to any other provision relating to the rights of holders of the Class A ordinary shares or pre-initial Business Combination activity and (iii) rights to liquidating distributions from the Trust Account with respect to any Founder Shares held if the Company fails to complete an initial Business Combination within 24 months from the closing of the Initial Public Offering. However, if the Sponsor or officers and directors acquire Public Shares in or after the Initial Public Offering, such Public Shares will be entitled to liquidating distributions from the Trust Account if the Company fails to complete a Business Combination within 24 months from the closing of the Initial Public Offering. The Company previously had until 24 months ten . The underwriters have agreed to waive their rights to their deferred underwriting commission (see Note 6) held in the Trust Account in the event the Company does not complete a Business Combination within in the Combination Period and, in such event, such amounts will be included with the other funds held in the Trust Account that will be available to fund the redemption of the Public Shares. In the event of such distribution, it is possible that the per share value of the assets remaining available for distribution will be less than the Initial Public Offering price per Unit ( $10.00 In order to protect the amounts held in the Trust Account, the Sponsor has agreed that it will be liable to the Company if and to the extent any claims by a third party for services rendered or products sold to the Company, or a prospective partner business with which the Company has discussed entering into a transaction agreement, reduce the amounts in the Trust Account to below the lesser of (i) $10.00 per Public Share and (ii) the actual amount per Public Share held in the Trust Account as of the date of the liquidation of the Trust Account if less than $10.00 per Public Share due to reductions in the value of the trust assets, in each case net of the interest that may be withdrawn to pay tax obligations, provided that such liability will not apply to any claims by a third party or prospective partner business that executed a waiver of any and all rights to seek access to the Trust Account nor will it apply to any claims under the indemnity of the underwriters of the Initial Public Offering against certain liabilities, including liabilities under the Securities Act of 1933, as amended (the “Securities Act”). The Company will seek to reduce the possibility that the Sponsor will have to indemnify the Trust Account due to claims of creditors by endeavoring to have all vendors, service providers (excluding the Company’s independent registered public accounting firm), prospective partner businesses or other entities with which the Company does business, execute agreements with the Company waiving any right, title, interest or claim of any kind in or to monies held in the Trust Account. Previous Business Combination In the Company’s Form 10-Q as of and for the period ending March 31, 2023, the Company had recorded a balance of $374,975 in the Receivable related to potential business combination line item on the condensed balance sheet. That balance represented an invoice issued to a potential business combination company during the Three Months Ended March 31, 2023 for transaction expenses and merger-related activities incurred through that date related to a prospective merger which was not completed. The Company determined that it was entitled to that balance and as such, has recorded a resulting gain on the condensed statement of operations for the Six Months Ended June 30, 2023. The Company received payment of the invoice in April 2023. Liquidity and Going Concern As of June 30, 2023 $304,513 deficit The Company will have until July 30, 2024 In connection with the Company’s assessment of going concern considerations in accordance with FASB’s Accounting Standards Codification (“ASC”) Topic 205-40 Presentation of Financial Statements- Going Concern Risks and Uncertainties Management continues to evaluate the impact of the COVID-19 pandemic on the industry and has concluded that while it is reasonably possible that the virus could have a negative effect on the Company’s financial position, results of its operations, and/or search for a prospective partner company, the specific impact is not readily determinable as of the date of these unaudited condensed financial statements. The unaudited condensed financial statements do not include any adjustments that might result from the outcome of this uncertainty. Additionally, as a result of the military action commenced in February 2022 by the Russian Federation and Belarus in the country of Ukraine and related economic sanctions, the Company’s ability to consummate a Business Combination, or the operations of a target business with which the Company ultimately consummates a Business Combination, may be materially and adversely affected. In addition, the Company’s ability to consummate a transaction may be dependent on the ability to raise equity and debt financing which may be impacted by these events, including as a result of increased market volatility, or decreased market liquidity in third-party financing which may be unavailable on terms acceptable to the Company or at all. The impact of this action and related sanctions on the world economy and the specific impact on the Company’s financial position, results of operations and/or ability to consummate a Business Combination are not yet determinable. The unaudited condensed financial statements do not include any adjustments that might result from the outcome of this uncertainty.

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2023
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying unaudited condensed financial statements of the Company are presented in conformity with accounting principles generally accepted in the United States of America (“GAAP”) and pursuant to the rules and regulations of the SEC. Certain information or footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted, pursuant to the rules and regulations of the SEC for interim financial reporting. Accordingly, they do not include all the information and footnotes necessary for a comprehensive presentation of financial position, results of operations, or cash flows. In the opinion of management, the accompanying unaudited condensed financial statements include all adjustments, consisting of a normal recurring nature, which are necessary for a fair presentation of the financial position, operating results and cash flows for the periods presented. The accompanying unaudited condensed financial statements should be read in conjunction with the Company’s Form 10-K as filed with the SEC on April 17, 2023. The interim results for the three and six months ended June 30, 2023 Emerging Growth Company The Company is an “emerging growth company,” as defined in Section 2(a) of the Securities Act, as modified by the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”), and it may take advantage of certain exemptions from various reporting requirements that are applicable to other public companies that are not emerging growth companies including, but not limited to, not being required to comply with the independent registered public accounting firm attestation requirements of Section 404 of the Sarbanes-Oxley Act, reduced disclosure obligations regarding executive compensation in its periodic reports and proxy statements, and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and shareholder approval of any golden parachute payments not previously approved. The Company has elected to implement the aforementioned exemptions. Further, Section 102(b)(1) of the JOBS Act exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that have not had a Securities Act registration statement declared effective or do not have a class of securities registered under the Exchange Act) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that a company can elect to opt out of the extended transition period and comply with the requirements that apply to non-emerging growth companies but any such election to opt out is irrevocable. The Company has elected not to opt out of such extended transition period which means that when a standard is issued or revised and it has different application dates for public or private companies, the Company, as an emerging growth company, can adopt the new or revised standard at the time private companies adopt the new or revised standard. This may make comparison of the Company’s unaudited condensed financial statements with another public company which is neither an emerging growth company nor an emerging growth company which has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used. Use of Estimates The preparation of condensed financial statements in conformity with U.S. GAAP requires the Company’s management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the unaudited condensed financial statements and the reported amounts of expenses during the reporting period. Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the unaudited condensed financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. Accordingly, the actual results could differ from those estimates. The initial valuation of the Public Warrants (as defined in Note 3) and Class A ordinary shares subject to redemption, and the quarterly valuation of the Private Placement Warrants (as defined in Note 4) required management to exercise significant judgement in its estimates. Cash and Cash Equivalents The Company considers all short-term investments with an original maturity of three months or less when purchased to be cash equivalents. The Company had $304,513 $726,869 June 30, 2023 June 30, 2023 Investments Held in Trust Account Investments Held in Trust Account are classified as trading securities which are presented on the condensed balance sheets at fair value at the end of each reporting period. At June 30, 2023 $293,076,995 $286,583,051 Warrant Liabilities The Company accounts for warrants as either equity-classified or liability-classified instruments based on an assessment of the warrant’s specific terms and applicable authoritative guidance in Accounting Standards Codification (“ASC”) Topic 480, Distinguishing Liabilities from Equity (“ASC 480”) and ASC Topic 815, Derivatives and Hedging For issued or modified warrants that meet all of the criteria for equity classification, the warrants are required to be recorded as a component of additional paid-in capital at the time of issuance. For issued or modified warrants that do not meet all the criteria for equity classification, the warrants are required to be recorded as a liability at their initial fair value on the date of issuance, and each balance sheet date thereafter. Changes in the estimated fair value of the warrants are recognized as a non-cash gain or loss on the condensed statements of operations. The initial fair value of the Public Warrants (as defined in Note 3) was estimated using a binomial/lattice model and the fair value of the Founder Warrants (as defined in Note 5) and Private Placement Warrants (as defined in Note 4) was estimated using a Black-Scholes Option Pricing Model (see Note 9). Due to the options pricing model not producing a meaningful volatility for the Founder Warrants and Private Placement Warrants as of June 30, 2023 December 31, 2022 Class A Ordinary Shares Subject to Possible Redemption All of the 28,250,000 Class A ordinary shares sold as part of the Units in the Initial Public Offering and subsequent partial exercise of the underwriters’ over-allotment option contain a redemption feature which allows for the redemption of such Public Shares in connection with the Company’s liquidation, if there is a shareholder vote or tender offer in connection with the Business Combination and in connection with certain amendments to the Amended and Restated Memorandum and Articles of Association. In accordance with SEC and its staff’s guidance on redeemable equity instruments, which has been codified in ASC 480-10-S99, redemption provisions not solely within the control of the Company require ordinary shares subject to redemption to be classified outside of permanent equity. Therefore, all Public Shares have been classified outside of permanent equity. The Company recognizes changes in redemption value immediately as they occur and adjusts the carrying value of redeemable ordinary shares to equal the redemption value at the end of each reporting period. Increases or decreases in the carrying amount of redeemable ordinary shares are affected by charges against additional paid in capital and accumulated deficit. As of June 30, 2023 December 31, 2022 Class A ordinary shares subject to possible redemption as of December 31, 2022 $ 286,583,051 Remeasurement of carrying value to redemption value as of March 31, 2023 3,040,790 Class A ordinary shares subject to possible redemption as of March 31, 2023 289,623,841 Remeasurement of carrying value to redemption value as of June 30, 2023 3,453,154 Class A ordinary shares subject to possible redemption as of June 30, 2023 $ 293,076,995 Offering Costs associated with the Initial Public Offering The Company complies with the requirements of ASC Topic 340, Other Assets and Deferred Costs and SEC Staff Accounting Bulletin Topic 5A— Expenses of Offering The Company was reimbursed $1,169,000 by the underwriters for offering costs associated with the Initial Public Offering. The Company recorded $14,937,225 of offering costs as a reduction of temporary equity in connection with the redeemable Class A ordinary shares included in the Units. The Company immediately expensed $540,944 of offering costs in connection with the Public Warrants and Private Placement Warrants that were classified as liabilities. Income Taxes The Company accounts for income taxes under ASC Topic 740, Income Taxes ASC 740 also clarifies the accounting for uncertainty in income taxes recognized in an enterprise’s unaudited condensed financial statements and prescribes a recognition threshold and measurement process for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more-likely-than-not to be sustained upon examination by taxing authorities. ASC 740 also provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. Based on the Company’s evaluation, it has been concluded that there are no significant uncertain tax positions requiring recognition in the Company’s unaudited condensed financial statements. The Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense. There were no unrecognized tax benefits and no amounts accrued for interest and penalties as of June 30, 2023 Net Income Per Ordinary Share Net income per ordinary share is computed by dividing net income by the weighted-average number of ordinary shares outstanding during the period. Remeasurement associated with the redeemable Class A ordinary shares is excluded from net income per share as the redemption value approximates fair value. Therefore, the income per share calculation allocates income shared pro rata between Class A and Class B ordinary shares. As a result, the calculated net income per share is the same for Class A and Class B ordinary shares. Class B ordinary shares subject to forfeiture are included in the calculation of basic income per share as of the date that the forfeiture contingency has lapsed (see Note 5). Class B ordinary shares subject to forfeiture are included in the calculation of diluted income per share as of the beginning of the interim period in which the forfeiture contingency lapsed. The Company has not considered the effect of the Public Warrants (as defined in Note 3), Private Placement Warrants (as defined in Note 4), and Founder Warrants (as defined in Note 5) to purchase an aggregate of 12,059,166 shares in the calculation of income per share, since the exercise of the warrants is contingent upon the occurrence of future events. The following table reflects the calculation of basic and diluted net income per ordinary share (in dollars, except per share amounts): Three Months Ended June 30, 2023 Three Months Ended June 30, 2022 Six Months Ended June 30, 2023 Six Months Ended June 30, 2022 Class A Class B Class A Class B Class A Class B Class A Class B Basic and diluted net income per share: Numerator: Net income $ 3,174,049 $ 769,937 $ 2,421,279 $ 587,336 $ 4,880,881 $ 1,183,968 $ 5,011,107 $ 1,215,557 Denominator: Basic and diluted weighted average shares outstanding 29,115,000 7,062,500 29,115,000 7,062,500 29,115,000 7,062,500 29,115,000 7,062,500 Basic and diluted net income per share $ 0.11 $ 0.11 $ 0.08 $ 0.08 $ 0.17 $ 0.17 $ 0.17 $ 0.17 Concentration of Credit Risk Financial instruments that potentially subject the Company to concentration of credit risk consist of a cash account in a financial institution which, at times may exceed the Federal depository insurance coverage of $250,000. The Company has not experienced losses on this account and management believes the Company is not exposed to significant risks on such account. Fair Value of Financial Instruments The Company applies ASC Topic 820, Fair Value Measurement The carrying amounts reflected in the condensed balance sheets for current assets and current liabilities approximate fair value due to their short-term nature. Level 1 — Assets and liabilities with unadjusted, quoted prices listed on active market exchanges. Inputs to the fair value measurement are observable inputs, such as quoted prices in active markets for identical assets or liabilities. Level 2 — Inputs to the fair value measurement are determined using prices for recently traded assets and liabilities with similar underlying terms, as well as direct or indirect observable inputs, such as interest rates and yield curves that are observable at commonly quoted intervals. Level 3 — Inputs to the fair value measurement are unobservable inputs, such as estimates, assumptions, and valuation techniques when little or no market data exists for the assets or liabilities. See Note 9 for additional information on assets and liabilities measured at fair value. Recent Accounting Pronouncements The Company’s management does not believe that any recently issued, but not yet effective, accounting standards, if currently adopted, would have a material effect on the accompanying unaudited condensed financial statements.

Initial Public Offering

Initial Public Offering	6 Months Ended
	Jun. 30, 2023
Initial Public Offering [Abstract]
Initial Public Offering	NOTE 3. INITIAL PUBLIC OFFERING The registration statement for the Company’s Initial Public Offering was declared effective on July 27, 2021 July 30, 2021 $10.00 $250,000,000 Class A ordinary share and one-third one Class A ordinary share $11.50 The Company had granted the underwriters in the Initial Public Offering a 45-day option to purchase up to 3,750,000 additional Units to cover over-allotments, if any (see Note 6). On August 5, 2021 $32,500,000

Private Placement

Private Placement	6 Months Ended
	Jun. 30, 2023
Private Placement [Abstract]
Private Placement	NOTE 4. PRIVATE PLACEMENT Simultaneously with the closing of the Initial Public Offering, the Sponsor and certain Anchor Investors purchased an aggregate of 800,000 Units at a price of $10.00 $8,000,000 Class A ordinary share (the “Private Placement Shares”) and one-third $11.50 Simultaneously with the closing of the exercise of the over-allotment option (see Note 6), the Company consummated the sale of 65,000 Over-Allotment Private Placement Units at a purchase price of $10.00 $650,000

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2023
Related Party Transactions [Abstract]
Related Party Transactions	NOTE 5. RELATED PARTY TRANSACTIONS Founder Shares On February 5, 2021, an affiliate of the Sponsor paid an aggregate of $25,000 one-third The Sponsor has agreed, subject to certain limited exceptions, not to transfer, assign or sell (i) any of their Founder Units or Founder Shares until the earliest of (A) one year after the completion of an initial Business Combination and (B) subsequent to an initial Business Combination, (x) if the closing price of the Class A ordinary shares equals or exceeds $12.00 per share (as adjusted for share sub-divisions, share capitalizations, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after an initial Business Combination, or (y) the date on which the Company completes a liquidation, merger, share exchange, reorganization or other similar transaction that results in all of the Public Shareholders having the right to exchange their ordinary shares for cash, securities or other property and (ii) any of their Founder Warrants and Class A ordinary shares issued upon conversion or exercise thereof until 30 days after the completion of an initial Business Combination. Notwithstanding the foregoing, if the closing price of the Company’s Class A ordinary shares equals or exceeds $12.00 per share (as adjusted for share sub-divisions, share capitalizations, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after an initial Business Combination, the Founder Units or Founder Shares will be released from the lock-up. Administrative Support Agreement The Company entered into an agreement, commencing on the effective date of the Initial Public Offering, to pay an affiliate of the Sponsor $55,000 per month for office space, secretarial and administrative support services. Upon the completion of an initial Business Combination or liquidation, the Company will cease paying these monthly fees. For the three and six months ended June 30, 2023 For the three and six months ended June 30, 2022 Related Party Loans In order to finance transaction costs in connection with a Business Combination, the Sponsor or an affiliate of the Sponsor or certain of the Company’s directors and officers may, but are not obligated to, loan the Company funds as may be required (“Working Capital Loans”). If the Company completes a Business Combination, the Company would repay the Working Capital Loans. In the event that a Business Combination does not close, the Company may use a portion of proceeds held outside the Trust Account to repay the Working Capital Loans, but no proceeds held in the Trust Account would be used to repay the Working Capital Loans. Except for the foregoing, the terms of such Working Capital Loans, if any, have not been determined and no written agreements exist with respect to such loans. Up to $1,500,000 of such loans may be convertible into units of the post-Business Combination entity at a price of $10.00 Private Placement Units June 30, 2023 December 31, 2022 Reimbursements—Related Party For the three and six months ended June 30, 2023 $8,376 and $14,006 For the three and six months ended June 30, 2022 $9,081 $16,808 Accounts Payable - Related Party As of June 30, 2023 December 31, 2022 $24,442 $15,377

Commitments

Commitments	6 Months Ended
	Jun. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments	NOTE 6. COMMITMENTS Registration and Shareholder Rights Agreement The holders of the Founder Units, Private Placement Units, warrants underlying the Founder Units and Private Placement Units and units that may be issued upon conversion of Working Capital Loans (and any Class A ordinary shares issuable upon the exercise of the warrants underlying the Founder Units and Private Placement Units and units issued upon conversion of the Working Capital Loans) have registration and shareholder rights to require the Company to register a sale of any of its securities held by them pursuant to a registration and shareholder rights agreement entered into on the effective date of the Initial Public Offering. The holders of these securities are entitled to make up to three demands, excluding short form demands, that the Company register such securities. In addition, the holders have certain “piggy-back” registration rights with respect to registration statements filed subsequent to the completion of an initial Business Combination. The Company will bear the expenses incurred in connection with the filing of any such registration statements. Underwriting Agreement The Company granted the underwriters a 45-day option to purchase up to 3,750,000 additional Units to cover over-allotments at the Initial Public Offering price, less the underwriting discounts and commissions. On August 5, 2021 $32,500,000 The underwriters were paid a cash underwriting discount of $0.20 $5,650,000 $0.35 $9,887,500

Warrants

Warrants	6 Months Ended
	Jun. 30, 2023
Warrants [Abstract]
Warrants	NOTE 7. WARRANTS As of June 30, 2023 Public Warrants may only be exercised for a whole number of shares. No fractional shares will be issued upon exercise of the Public Warrants. The Public Warrants will become exercisable 30 days after the completion of a Business Combination. The Public Warrants will expire five years after the completion of a Business Combination or earlier upon redemption or liquidation. The Founder Warrants and the Private Placement Warrants will also expire five years after the completion of a Business Combination or earlier upon redemption or liquidation. The Company will not be obligated to deliver any Class A ordinary shares pursuant to the exercise of a warrant and will have no obligation to settle such warrant exercise unless a registration statement under the Securities Act with respect to the Class A ordinary shares underlying the warrants is then effective and a prospectus relating thereto is current, subject to satisfying the obligations described below with respect to registration, or a valid exemption from registration is available. No warrant will be exercisable and the Company will not be obligated to issue a Class A ordinary share upon exercise of a warrant unless the Class A ordinary share issuable upon such warrant exercise has been registered, qualified or deemed to be exempt under the securities laws of the state of residence of the registered holder of the warrants. The Company has agreed that as soon as practicable, but in no event later than 20 business days after the closing of an initial Business Combination, the Company will use the commercially reasonable efforts to file with the SEC a post-effective amendment to the registration statement or a new registration statement covering the Class A ordinary shares issuable upon exercise of the warrants, and the Company will use the commercially reasonable efforts to cause the same to become effective within 60 business days after the closing of an initial Business Combination, and to maintain the effectiveness of such registration statement and a current prospectus relating to those Class A ordinary shares until the warrants expire or are redeemed, as specified in the warrant agreement; provided that if the Class A ordinary shares are at the time of any exercise of a warrant not listed on a national securities exchange such that they satisfy the definition of a “covered security” under Section 18(b)(1) of the Securities Act, the Company may, at its option, require holders of Public Warrants who exercise their warrants to do so on a “cashless basis” in accordance with Section 3(a)(9) of the Securities Act and, in the event the Company so appoint, the Company will not be required to file or maintain in effect a registration statement. If a registration statement covering the Class A ordinary shares issuable upon exercise of the warrants is not effective by the 60th day after the closing of an initial Business Combination, warrant holders may, until such time as there is an effective registration statement and during any period when the Company will have failed to maintain an effective registration statement, exercise warrants on a “cashless basis” in accordance with Section 3(a)(9) of the Securities Act or another exemption, but the Company will use the best efforts to register or qualify the shares under applicable blue sky laws to the extent an exemption is not available. Redemption of warrants when the price per Class A ordinary share equals or exceeds $18.00 • in whole and not in part; • at a price of $0.01 per warrant; • upon not less than 30 days’ prior written notice of redemption to each warrant holder; and • if, and only if, the last reported closing price of the Class A ordinary shares for any 20 trading days within a 30-trading day period ending on the third trading day prior to the date on which notice of the redemption is given to the warrant holders (the “Reference Value”) equals or exceeds $18.00 per share (as adjusted for share sub-divisions, share capitalizations, reorganizations, recapitalizations and the like and certain issuances of Class A ordinary shares and equity linked securities). The Company will not redeem the warrants as described above unless a registration statement under the Securities Act covering the issuance of the Class A ordinary shares issuable upon exercise of the warrants is then effective and a current prospectus relating to those shares is available throughout the 30-day redemption period. If and when the warrants become redeemable by the Company, the Company may exercise the redemption right even if the Company is unable to register or qualify the underlying securities for sale under all applicable state securities laws. Redemption of warrants when the price per Class A ordinary share equals or exceeds $10.00 • in whole and not in part; • at $0.10 per warrant upon a minimum of 30 days’ prior written notice of redemption; provided that during such 30 day period holders will be able to exercise their warrants on a cashless basis prior to redemption and receive that number of shares based on the redemption date and the “fair market value” of the Class A ordinary shares (as defined below) except as otherwise described below; provided, further, that if the warrants are not exercised on a cashless basis or otherwise during such 30 day period, the Company shall redeem such warrants for $0.10 per share; and • if, and only if, the Reference Value equals or exceeds $10.00 per share (as adjusted for share subdivisions, share dividends, reorganizations, recapitalizations and the like and certain issuances of Class A ordinary shares and equity linked securities) on the trading day before the Company sends the notice of redemption to the warrant holders. The value of the Company’s Class A ordinary shares shall mean the volume weighted average price of the Class A ordinary shares during the 10 trading days immediately following the date on which the notice of redemption is sent to the holders of warrants. The Company will provide its warrant holders with the final fair market value no later than one business day In addition, if (x) the Company issues additional Class A ordinary shares or equity linked securities for capital raising purposes in connection with the closing of an initial Business Combination at an issue price or effective issue price of less than $9.20 per Class A ordinary share (with such issue price or effective issue price to be determined in good faith by the board of directors and, in the case of any such issuance to the initial shareholders or their affiliates, without taking into account any Founder Shares held by the initial shareholders or such affiliates, as applicable, prior to such issuance including any transfer or reissuance of such shares (the “Newly Issued Price”)), (y) the aggregate gross proceeds from such issuances represent more than 60% of the total equity proceeds, and interest thereon, available for the funding of an initial Business Combination, and (z) the volume-weighted average trading price of the Class A ordinary shares during the 10 trading day period starting on the trading day after the day on which the Company consummates an initial Business Combination is below $9.20 per share, the exercise price of the warrants will be adjusted (to the nearest cent) to be equal to 115% of the higher of the Market Value and the Newly Issued Price, and the $10.00 and $18.00 per share redemption trigger prices adjacent to “Redemption of warrants when the price per Class A ordinary share equals or exceeds $10.00.” and “Redemption of warrants when the price per Class A ordinary share equals or exceeds $18.00.” will be adjusted (to the nearest cent) to be equal to 100% and 180% of the higher of the Market Value and the Newly Issued Price, respectively. The Private Placement Units (including the Private Placement Shares, the Private Placement Warrants and Class A ordinary shares issuable upon exercise of such warrants) will not be transferable, assignable or salable until 30 days after the completion of a Business Combination, subject to certain limited exceptions. Additionally, the Private Placement Warrants will be exercisable on a cashless basis and be non-redeemable so long as they are held by the initial purchasers or their permitted transferees. If the Private Placement Units are held by someone other than the initial purchasers or their permitted transferees, the Private Placement Warrants will be redeemable by the Company and exercisable by such holders on the same basis as the Public Warrants. The Company accounts for the 9,705,000 warrants issued in connection with the Initial Public Offering (including 9,416,666 Public Warrants and 288,334 Private Placement Warrants) and the 2,354,166 Founder Warrants in accordance with the guidance contained in ASC 815-40. Such guidance provides that because the warrants do not meet the criteria for equity treatment thereunder, each warrant must be recorded as a liability. The Founder Warrants and Private Placement Warrants are precluded from equity classification due to a provision that provides for potential changes to the settlement amounts dependent upon the characteristics of the holder of the warrant. The Public Warrants are precluded from equity classification due to a provision that in the event of a tender offer or exchange offer made to and accepted by holders of more than 65% of the outstanding ordinary shares, all holders of the warrants would be entitled to receive cash for their warrants. The accounting treatment of derivative financial instruments required that the Company record the warrants as derivative liabilities at fair value at issuance. The Public Warrants were allocated a portion of the proceeds from the issuance of the Units in the Initial Public Offering equal to its fair value. The Private Placement Warrants were allocated a portion of the proceeds from the issuance of the Private Placement Units equal to its fair value. The warrant liabilities are subject to re-measurement at each balance sheet date. With each such re-measurement, the warrant liabilities are adjusted to current fair value, with the change in fair value recognized in the Company’s condensed statements of operations. The Company will reassess the classification at each balance sheet date. If the classification changes as a result of events during the period, the warrants will be reclassified as of the date of the event that causes the reclassification.

Shareholder's Deficit

Shareholder's Deficit	6 Months Ended
	Jun. 30, 2023
Stockholders' Deficit [Abstract]
Shareholder's Deficit	NOTE 8. SHAREHOLDERS’ DEFICIT Preference shares $0.0001 June 30, 2023 Class A ordinary shares Class A ordinary shares $0.0001 Class A ordinary shares June 30, 2023 Class A ordinary shares Class A ordinary shares Class B ordinary shares $0.0001 June 30, 2023 Ordinary shareholders of record are entitled to one vote for each share held on all matters to be voted on by shareholders. Except as described below, holders of Class A ordinary shares and holders of Class B ordinary shares will vote together as a single class on all matters submitted to a vote of the Company’s shareholders except as required by law. Prior to an initial Business Combination, only holders of the Founder Shares will have the right to vote on the election of directors. Holders of the Public Shares will not be entitled to vote on the appointment of directors during such time. The Class B ordinary shares will automatically convert into Class A ordinary shares on the first business day following the consummation of an initial Business Combination at a ratio such that the number of Class A ordinary shares issuable upon conversion of all Founder Shares will equal, in the aggregate, on an as-converted basis, 20% of the sum of (i) the total number of ordinary shares issued and outstanding, plus (ii) the sum of the total number of Class A ordinary shares issued or deemed issued or issuable upon conversion or exercise of any equity-linked securities or rights issued or deemed issued, by the Company in connection with or in relation to the consummation of an initial Business Combination, excluding any Class A ordinary shares or equity-linked securities exercisable for or convertible into Class A ordinary shares issued, deemed issued, or to be issued, to any seller in an initial Business Combination and any Private Placement Warrants issued to the Sponsor, members of the team or any of their affiliates upon conversion of Working Capital Loans. In no event will the Class B ordinary shares convert into Class A ordinary shares at a rate of less than one to one.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2023
Fair Value Disclosures [Abstract]
Fair Value Measurements	NOTE 9. FAIR VALUE MEASUREMENTS The following tables present information about the Company’s financial assets and liabilities that are measured at fair value on a recurring basis as of June 30, 2023 Description Amount at Fair Value Level 1 Level 2 Level 3 June 30, 2023 Assets Investments held in Trust Account: Money Market investments $ 293,076,995 $ 293,076,995 $ — $ — Liabilities Warrant liability – Founder Warrants $ 94,167 $ — $ 94,167 $ — Warrant liability – Private Placement Warrants $ 11,533 $ — $ 11,533 $ — Warrant liability – Public Warrants $ 376,667 $ 376,667 $ — $ — December 31, 2022 Assets Investments held in Trust Account: Money Market investments $ 286,583,051 $ 286,583,051 $ — $ — Liabilities Warrant liability – Founder Warrants $ 94,167 $ — $ 94,167 $ — Warrant liability – Private Placement 11,533 — 11,533 — Warrant liability – Public Warrants 376,667 376,667 — — The Company utilized a binomial/lattice model for the initial valuation the Public Warrants. The subsequent measurement of the Public Warrants as of June 30, 2023 $0.04 June 30, 2023 In prior periods, Company utilized a Black-Scholes Option Pricing model for the initial valuation of the Founder Warrants and Private Placement Warrants and the subsequent measurement of the Founder Warrants and Private Placement Warrants. Inherent in pricing models are assumptions related to expected share-price volatility, expected life, risk-free interest rate and dividend yield, which are considered Level 3 inputs. However, since a reasonable and acceptable volatility cannot be inferred from the option pricing model performed for the Founder Warrants and Private Placement Warrants as of June 30, 2023 $0.04 June 30, 2023 June 30, 2023 Transfers to/from Levels 1, 2 and 3 are recognized at the end of the reporting period. The estimated fair value of the Public Warrants transferred from a Level 3 measurement to a Level 1 fair value measurement in September 2021 after the Public Warrants were separately listed and traded. The estimated fair value of the Founder Warrants, and Private Placement Warrants transferred from a Level 3 fair value measurement to a Level 2 fair value measurement in the fourth quarter of 2022 due to the use of an observable market quote for a similar asset in an active market. There were no Level 3 assets or liabilities as of June 30, 2023 The following table provides a summary of the changes in the fair value of the Company’s Level 3 financial instruments that are measured at fair value on a recurring basis: Fair value as of December 31, 2021 $ 2,061,150 Change in fair value of Private Placement Warrants and Founder Warrants (1,083,425 ) Fair value as of March 31, 2022 977,725 Change in fair value of Private Placement Warrants and Founder Warrants (660,625 ) Fair value as of June 30, 2022 317,100 Change in fair value of Private Placement Warrants and Founder Warrants (26,425 ) Fair value as of September 30, 2022 290,675 Change in fair value of Private Placement Warrants and Founder Warrants (184,975 ) Transfer of Private Warrants, and Founder Warrants to Level 2 measurement (105,700 ) Fair value as of December 31, 2022 $ — The Company recognized a gain $844,141 $0 June 30, 2023 $3,203,124 $7,017,383

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2023
Subsequent Events [Abstract]
Subsequent Events	NOTE 10. SUBSEQUENT EVENTS The Company evaluated subsequent events and transactions that occurred after the condensed balance sheet date up to the date that the unaudited condensed financial statements were issued. Other than those disclosed below, the Company did not identify any subsequent events that required adjustment or disclosure in the unaudited condensed financial statements. Extraordinary General Meeting On July 27, 2023, the Company held an Extraordinary General Meeting (the “Extraordinary General Meeting”) whereby shareholders of the Company approved an amendment to the Company’s Amended and Restated Memorandum and Articles of Association (the “Amendment”) in order to (i) extend the date by which the Company must consummate its initial business combination, cease its operations and redeem all of its Class A ordinary shares (the “Extension Proposal”) to July 30, 2024, (ii) provide for the right of a holder of Class B ordinary shares of the Company to convert such Class B ordinary shares into Class A ordinary shares on a one-for-one basis prior to the closing of a Business Combination at the election of the holder (the “Founder Share Amendment Proposal”), and (iii) eliminate from the Charter the limitation that the Company shall not redeem Public Shares, including any shares issued in exchange thereof to the extent that such redemption would cause the Company’s net tangible assets to be less than $5,000,001 (the “Redemption Limit” and, such proposal, the “Redemption Limitation Proposal”). The Company filed the Charter Amendment with the Registrar of Companies in the Cayman Islands on July 28, 2023. In connection with the Extension Proposal, the Founder Share Amendment Proposal and the Redemption Limitation Proposal, the holders of 13,532,591 Class A ordinary shares, properly exercised their right to redeem their shares for cash at a redemption price of approximately $10.41 per share, for an aggregate redemption amount of approximately $140,838,808. After the redemptions, approximately $153,169,659 will remain in the Company’s Trust Account. As a result of the Extension Proposal being approved by the Company’s shareholders, the Sponsor, or its designee is required to make monthly payments to the Company equal to the lesser of (a) an aggregate of $225,000 or (b) $0.03 per public share that remains outstanding and is not redeemed in connection with the Extension for each of the twelve (12) subsequent calendar months commencing on July 30, 2023 to the earlier of the Termination Date as extended by the Extension Proposal and the consummation of an initial Business Combination, which amount will be deposited into the Trust Account. On August 2, 2023, $225,000 was deposited into the Company’s Trust Account as the first of these payments. To cover these monthly payments and other associated operating expenses, a newly formed affiliate of the Sponsor, APTM Sponsor Sub LLC (the “Affiliate”), is providing an Extension Loan Facility (the “Facility”) to the Company in the principal sum of $1,500,000, expected to be funded on an as-needed basis with the first draw on or about August 14, 2023. The principal balance shall be payable on the earlier of (i) the date on which the Company liquidates its Trust Account or (ii) the date on which the Company consummates a Business Combination. the Company and their affiliated entities (the “Insiders”) have committed to fund up to the entire amount of the Facility. At the election of the Affiliate, some or all of the principal amount of the will have no other recourse to the Sponsor or to the Company. Letter of Intent On July 26, 2023, the Company signed a non-binding letter-of-intent (“LOI”) for a business combination with Glowforge Inc. (“Glowforge”), creator of award-winning 3D laser printers. Under the terms of the LOI, the Company and Glowforge would become a combined entity, with Glowforge’s existing equity holders rolling 100% of their equity into the combined public company. The Company expects to announce additional details regarding the proposed business combination upon the execution of a definitive merger agreement, which is expected in the fourth quarter of 2023. Advance from Sponsor On July 27, 2023 and August 8, 2023 the SPAC received a $3,000 advance from the Sponsor. This amount is expected to be repaid to the Sponsor in the next quarter.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2023
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed financial statements of the Company are presented in conformity with accounting principles generally accepted in the United States of America (“GAAP”) and pursuant to the rules and regulations of the SEC. Certain information or footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted, pursuant to the rules and regulations of the SEC for interim financial reporting. Accordingly, they do not include all the information and footnotes necessary for a comprehensive presentation of financial position, results of operations, or cash flows. In the opinion of management, the accompanying unaudited condensed financial statements include all adjustments, consisting of a normal recurring nature, which are necessary for a fair presentation of the financial position, operating results and cash flows for the periods presented. The accompanying unaudited condensed financial statements should be read in conjunction with the Company’s Form 10-K as filed with the SEC on April 17, 2023. The interim results for the three and six months ended June 30, 2023
Emerging Growth Company	Emerging Growth Company The Company is an “emerging growth company,” as defined in Section 2(a) of the Securities Act, as modified by the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”), and it may take advantage of certain exemptions from various reporting requirements that are applicable to other public companies that are not emerging growth companies including, but not limited to, not being required to comply with the independent registered public accounting firm attestation requirements of Section 404 of the Sarbanes-Oxley Act, reduced disclosure obligations regarding executive compensation in its periodic reports and proxy statements, and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and shareholder approval of any golden parachute payments not previously approved. The Company has elected to implement the aforementioned exemptions. Further, Section 102(b)(1) of the JOBS Act exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that have not had a Securities Act registration statement declared effective or do not have a class of securities registered under the Exchange Act) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that a company can elect to opt out of the extended transition period and comply with the requirements that apply to non-emerging growth companies but any such election to opt out is irrevocable. The Company has elected not to opt out of such extended transition period which means that when a standard is issued or revised and it has different application dates for public or private companies, the Company, as an emerging growth company, can adopt the new or revised standard at the time private companies adopt the new or revised standard. This may make comparison of the Company’s unaudited condensed financial statements with another public company which is neither an emerging growth company nor an emerging growth company which has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used.
Use of Estimates	Use of Estimates The preparation of condensed financial statements in conformity with U.S. GAAP requires the Company’s management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the unaudited condensed financial statements and the reported amounts of expenses during the reporting period. Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the unaudited condensed financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. Accordingly, the actual results could differ from those estimates. The initial valuation of the Public Warrants (as defined in Note 3) and Class A ordinary shares subject to redemption, and the quarterly valuation of the Private Placement Warrants (as defined in Note 4) required management to exercise significant judgement in its estimates.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all short-term investments with an original maturity of three months or less when purchased to be cash equivalents. The Company had $304,513 $726,869 June 30, 2023 June 30, 2023
Investments Held in Trust Account	Investments Held in Trust Account Investments Held in Trust Account are classified as trading securities which are presented on the condensed balance sheets at fair value at the end of each reporting period. At June 30, 2023 $293,076,995 $286,583,051
Warrant Liabilities	Warrant Liabilities The Company accounts for warrants as either equity-classified or liability-classified instruments based on an assessment of the warrant’s specific terms and applicable authoritative guidance in Accounting Standards Codification (“ASC”) Topic 480, Distinguishing Liabilities from Equity (“ASC 480”) and ASC Topic 815, Derivatives and Hedging For issued or modified warrants that meet all of the criteria for equity classification, the warrants are required to be recorded as a component of additional paid-in capital at the time of issuance. For issued or modified warrants that do not meet all the criteria for equity classification, the warrants are required to be recorded as a liability at their initial fair value on the date of issuance, and each balance sheet date thereafter. Changes in the estimated fair value of the warrants are recognized as a non-cash gain or loss on the condensed statements of operations. The initial fair value of the Public Warrants (as defined in Note 3) was estimated using a binomial/lattice model and the fair value of the Founder Warrants (as defined in Note 5) and Private Placement Warrants (as defined in Note 4) was estimated using a Black-Scholes Option Pricing Model (see Note 9). Due to the options pricing model not producing a meaningful volatility for the Founder Warrants and Private Placement Warrants as of June 30, 2023 December 31, 2022
Class A Ordinary Shares Subject to Possible Redemption	Class A Ordinary Shares Subject to Possible Redemption All of the 28,250,000 Class A ordinary shares sold as part of the Units in the Initial Public Offering and subsequent partial exercise of the underwriters’ over-allotment option contain a redemption feature which allows for the redemption of such Public Shares in connection with the Company’s liquidation, if there is a shareholder vote or tender offer in connection with the Business Combination and in connection with certain amendments to the Amended and Restated Memorandum and Articles of Association. In accordance with SEC and its staff’s guidance on redeemable equity instruments, which has been codified in ASC 480-10-S99, redemption provisions not solely within the control of the Company require ordinary shares subject to redemption to be classified outside of permanent equity. Therefore, all Public Shares have been classified outside of permanent equity. The Company recognizes changes in redemption value immediately as they occur and adjusts the carrying value of redeemable ordinary shares to equal the redemption value at the end of each reporting period. Increases or decreases in the carrying amount of redeemable ordinary shares are affected by charges against additional paid in capital and accumulated deficit. As of June 30, 2023 December 31, 2022 Class A ordinary shares subject to possible redemption as of December 31, 2022 $ 286,583,051 Remeasurement of carrying value to redemption value as of March 31, 2023 3,040,790 Class A ordinary shares subject to possible redemption as of March 31, 2023 289,623,841 Remeasurement of carrying value to redemption value as of June 30, 2023 3,453,154 Class A ordinary shares subject to possible redemption as of June 30, 2023 $ 293,076,995
Offering Costs associated with the Initial Public Offering	Offering Costs associated with the Initial Public Offering The Company complies with the requirements of ASC Topic 340, Other Assets and Deferred Costs and SEC Staff Accounting Bulletin Topic 5A— Expenses of Offering The Company was reimbursed $1,169,000 by the underwriters for offering costs associated with the Initial Public Offering. The Company recorded $14,937,225 of offering costs as a reduction of temporary equity in connection with the redeemable Class A ordinary shares included in the Units. The Company immediately expensed $540,944 of offering costs in connection with the Public Warrants and Private Placement Warrants that were classified as liabilities.
Income Taxes	Income Taxes The Company accounts for income taxes under ASC Topic 740, Income Taxes ASC 740 also clarifies the accounting for uncertainty in income taxes recognized in an enterprise’s unaudited condensed financial statements and prescribes a recognition threshold and measurement process for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more-likely-than-not to be sustained upon examination by taxing authorities. ASC 740 also provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. Based on the Company’s evaluation, it has been concluded that there are no significant uncertain tax positions requiring recognition in the Company’s unaudited condensed financial statements. The Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense. There were no unrecognized tax benefits and no amounts accrued for interest and penalties as of June 30, 2023
Net Income Per Ordinary Share	Net Income Per Ordinary Share Net income per ordinary share is computed by dividing net income by the weighted-average number of ordinary shares outstanding during the period. Remeasurement associated with the redeemable Class A ordinary shares is excluded from net income per share as the redemption value approximates fair value. Therefore, the income per share calculation allocates income shared pro rata between Class A and Class B ordinary shares. As a result, the calculated net income per share is the same for Class A and Class B ordinary shares. Class B ordinary shares subject to forfeiture are included in the calculation of basic income per share as of the date that the forfeiture contingency has lapsed (see Note 5). Class B ordinary shares subject to forfeiture are included in the calculation of diluted income per share as of the beginning of the interim period in which the forfeiture contingency lapsed. The Company has not considered the effect of the Public Warrants (as defined in Note 3), Private Placement Warrants (as defined in Note 4), and Founder Warrants (as defined in Note 5) to purchase an aggregate of 12,059,166 shares in the calculation of income per share, since the exercise of the warrants is contingent upon the occurrence of future events. The following table reflects the calculation of basic and diluted net income per ordinary share (in dollars, except per share amounts): Three Months Ended June 30, 2023 Three Months Ended June 30, 2022 Six Months Ended June 30, 2023 Six Months Ended June 30, 2022 Class A Class B Class A Class B Class A Class B Class A Class B Basic and diluted net income per share: Numerator: Net income $ 3,174,049 $ 769,937 $ 2,421,279 $ 587,336 $ 4,880,881 $ 1,183,968 $ 5,011,107 $ 1,215,557 Denominator: Basic and diluted weighted average shares outstanding 29,115,000 7,062,500 29,115,000 7,062,500 29,115,000 7,062,500 29,115,000 7,062,500 Basic and diluted net income per share $ 0.11 $ 0.11 $ 0.08 $ 0.08 $ 0.17 $ 0.17 $ 0.17 $ 0.17
Concentration of Credit Risk	Concentration of Credit Risk Financial instruments that potentially subject the Company to concentration of credit risk consist of a cash account in a financial institution which, at times may exceed the Federal depository insurance coverage of $250,000. The Company has not experienced losses on this account and management believes the Company is not exposed to significant risks on such account.
Fair Value of Financial Instruments	Fair Value of Financial Instruments The Company applies ASC Topic 820, Fair Value Measurement The carrying amounts reflected in the condensed balance sheets for current assets and current liabilities approximate fair value due to their short-term nature. Level 1 — Assets and liabilities with unadjusted, quoted prices listed on active market exchanges. Inputs to the fair value measurement are observable inputs, such as quoted prices in active markets for identical assets or liabilities. Level 2 — Inputs to the fair value measurement are determined using prices for recently traded assets and liabilities with similar underlying terms, as well as direct or indirect observable inputs, such as interest rates and yield curves that are observable at commonly quoted intervals. Level 3 — Inputs to the fair value measurement are unobservable inputs, such as estimates, assumptions, and valuation techniques when little or no market data exists for the assets or liabilities. See Note 9 for additional information on assets and liabilities measured at fair value.
Recent Accounting Pronouncements	Recent Accounting Pronouncements The Company’s management does not believe that any recently issued, but not yet effective, accounting standards, if currently adopted, would have a material effect on the accompanying unaudited condensed financial statements.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Jun. 30, 2023
Accounting Policies [Abstract]
Summary of Class A ordinary shares reflected in the condensed balance sheet	As of June 30, 2023 December 31, 2022 Class A ordinary shares subject to possible redemption as of December 31, 2022 $ 286,583,051 Remeasurement of carrying value to redemption value as of March 31, 2023 3,040,790 Class A ordinary shares subject to possible redemption as of March 31, 2023 289,623,841 Remeasurement of carrying value to redemption value as of June 30, 2023 3,453,154 Class A ordinary shares subject to possible redemption as of June 30, 2023 $ 293,076,995
Summary of basic and diluted loss per ordinary share	The following table reflects the calculation of basic and diluted net income per ordinary share (in dollars, except per share amounts): Three Months Ended June 30, 2023 Three Months Ended June 30, 2022 Six Months Ended June 30, 2023 Six Months Ended June 30, 2022 Class A Class B Class A Class B Class A Class B Class A Class B Basic and diluted net income per share: Numerator: Net income $ 3,174,049 $ 769,937 $ 2,421,279 $ 587,336 $ 4,880,881 $ 1,183,968 $ 5,011,107 $ 1,215,557 Denominator: Basic and diluted weighted average shares outstanding 29,115,000 7,062,500 29,115,000 7,062,500 29,115,000 7,062,500 29,115,000 7,062,500 Basic and diluted net income per share $ 0.11 $ 0.11 $ 0.08 $ 0.08 $ 0.17 $ 0.17 $ 0.17 $ 0.17

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2023
Fair Value Disclosures [Abstract]
Summary of information about the Company's financial assets and liabilities that are measured at fair value on a recurring basis	The following tables present information about the Company’s financial assets and liabilities that are measured at fair value on a recurring basis as of June 30, 2023 Description Amount at Fair Value Level 1 Level 2 Level 3 June 30, 2023 Assets Investments held in Trust Account: Money Market investments $ 293,076,995 $ 293,076,995 $ — $ — Liabilities Warrant liability – Founder Warrants $ 94,167 $ — $ 94,167 $ — Warrant liability – Private Placement Warrants $ 11,533 $ — $ 11,533 $ — Warrant liability – Public Warrants $ 376,667 $ 376,667 $ — $ — December 31, 2022 Assets Investments held in Trust Account: Money Market investments $ 286,583,051 $ 286,583,051 $ — $ — Liabilities Warrant liability – Founder Warrants $ 94,167 $ — $ 94,167 $ — Warrant liability – Private Placement 11,533 — 11,533 — Warrant liability – Public Warrants 376,667 376,667 — —
Summary of changes in the fair value of the Company's Level 3 financial instruments that are measured at fair value	The following table provides a summary of the changes in the fair value of the Company’s Level 3 financial instruments that are measured at fair value on a recurring basis: Fair value as of December 31, 2021 $ 2,061,150 Change in fair value of Private Placement Warrants and Founder Warrants (1,083,425 ) Fair value as of March 31, 2022 977,725 Change in fair value of Private Placement Warrants and Founder Warrants (660,625 ) Fair value as of June 30, 2022 317,100 Change in fair value of Private Placement Warrants and Founder Warrants (26,425 ) Fair value as of September 30, 2022 290,675 Change in fair value of Private Placement Warrants and Founder Warrants (184,975 ) Transfer of Private Warrants, and Founder Warrants to Level 2 measurement (105,700 ) Fair value as of December 31, 2022 $ —

Description of Organization a_2

Description of Organization and Business Operations and Liquidity- Additional Information (Details)			6 Months Ended
	Aug. 05, 2021 USD ($) $ / shares shares	Jul. 30, 2021 USD ($) $ / shares shares	Jun. 30, 2023 USD ($) Business $ / shares shares	Mar. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Date of incorporation			Feb. 05, 2021
Number of operating businesses included in initial Business Combination | Business			1
Payments to acquire restricted investment	$ 282,500,000
Terms of restricted investment	185 days
Temporary equity, Redemption price per share | $ / shares			$ 10
Minimum net worth to consummate business combination			$ 5,000,001
Percentage of Temporary equity redemption restriction			15%
Combination Period			24 months
Percentage of public shares to be redeemed on non completion of business combination			100%
Threshold number of business days for redemption			10 days
Expenses payable on dissolution			$ 100,000
Cash			304,513		$ 726,869
Working capital			$ (776,843)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Receivables				$ 374,975
Public Shares [Member]
Share price | $ / shares			$ 10
IPO [Member] | Public Shares [Member]
Stock issued during period, Shares | shares		25,000,000
Shares issued price per share | $ / shares		$ 10	$ 10
Proceeds from issuance, Initial Public Offering		$ 250,000,000
Private Placement [Member] | Private Placement Units [Member]
Sale of stock, Number of shares issued | shares		800,000
Sale of stock, Price per share | $ / shares		$ 10
Proceeds from issuance of Private placement		$ 8,000,000
Over-Allotment Option [Member] | Private Placement Units [Member]
Stock issued during period, Shares | shares	65,000
Sale of stock, Number of shares issued | shares	65,000
Sale of stock, Price per share | $ / shares	$ 10
Proceeds from issuance or sale of equity	$ 650,000
Common Class A [Member] | IPO [Member]
Stock issued during period, Shares | shares			28,250,000
Common Class A [Member] | Over-Allotment Option [Member]
Stock issued during period, Shares | shares	3,250,000
Option vesting period		45 days
Common stock shares subscribed but not issued | shares		3,750,000
Proceeds from the issuance of common stock	$ 32,500,000

Summary of Significant Accoun_4

Summary of Significant Accounting Policies- Summary Of Class A Ordinary Shares Reflected In The Condensed Balance Sheet (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2023	Dec. 31, 2022
Plus: Remeasurement of carrying value to redemption value	$ 3,453,154	$ 3,040,790
Class A ordinary shares subject to possible redemption	$ 293,076,995	$ 289,623,841	$ 293,076,995	$ 286,583,051
IPO [Member] | Common Class A [Member]
Class A Ordinary Shares Subject to Possible Redemption [Abstract]
Stock issued during the period shares new issues			28,250,000

Summary of Significant Accoun_5

Summary of Significant Accounting Policies- Summary Of Basic And Diluted Loss Per Ordinary Share (Details) - USD ($)	3 Months Ended				6 Months Ended
	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2023	Jun. 30, 2022
Numerator:
Net income	$ 3,943,986	$ 2,120,863	$ 3,008,615	$ 3,218,049	$ 6,064,849	$ 6,226,664
Denominator:
Class of warrants or rights, Securities called by warrants	12,059,166				12,059,166
Common Class A [Member]
Numerator:
Net income	$ 3,174,049		$ 2,421,279		$ 4,880,881	$ 5,011,107
Denominator:
Basic weighted average shares outstanding	29,115,000		29,115,000		29,115,000	29,115,000
Diluted weighted average shares outstanding	29,115,000		29,115,000		29,115,000	29,115,000
Basic net income per share	$ 0.11		$ 0.08		$ 0.17	$ 0.17
Diluted net income per share	$ 0.11		$ 0.08		$ 0.17	$ 0.17
Common Class B [Member]
Numerator:
Net income	$ 769,937		$ 587,336		$ 1,183,968	$ 1,215,557
Denominator:
Basic weighted average shares outstanding	7,062,500		7,062,500		7,062,500	7,062,500
Diluted weighted average shares outstanding	7,062,500		7,062,500		7,062,500	7,062,500
Basic net income per share	$ 0.11		$ 0.08		$ 0.17	$ 0.17
Diluted net income per share	$ 0.11		$ 0.08		$ 0.17	$ 0.17

Summary of Significant Accoun_6

Summary of Significant Accounting Policies- Additional Information (Details) - USD ($)	11 Months Ended
	Dec. 31, 2021	Jun. 30, 2023	Dec. 31, 2022
Cash		$ 304,513	$ 726,869
Cash equivalents		0	0
Investments held in trust account		293,076,995	286,583,051
Unrecognized tax benefits		0	0
Accrued for interest and penalties		$ 0	0
Class of warrants or rights, Securities called by warrants		12,059,166
Cash, FDIC insured amount		$ 250,000
Transaction costs	$ 16,641,377
Underwriting fees Paid	5,650,000
Deferred underwriting fees noncurrent	9,887,500	$ 9,887,500	$ 9,887,500
Other Offering Costs	967,198
Offering costs recognised as a reduction of temporary equity	14,937,225
Expensed offering costs	540,944
Over-Allotment Option [Member]
Offering Cost Initial Public Offering	136,679
IPO [Member]
Reimbursement of offering costs	$ 1,169,000

Initial Public Offering (Detail

Initial Public Offering (Details) - USD ($)			6 Months Ended
	Aug. 05, 2021	Jul. 30, 2021	Jun. 30, 2023
Number of shares issued upon exercise of warrant (in shares)			12,059,166
Class of warrant or right, Exercise price of warrant			$ 11.5
Public Warrant [Member]
Number of securities included in each Unit		0.33
Class of warrant or right, Exercise price of warrant		$ 11.5
IPO [Member] | Public Shares [Member]
Stock issued during period, Shares		25,000,000
Shares issued price per share		$ 10	$ 10
Proceeds from issuance, Initial Public Offering		$ 250,000,000
Common Stock [Member] | Over-Allotment Option [Member]
Option vesting period		45 days
Common stock shares subscribed but not issued		3,750,000
Common Class A [Member]
Number of securities included in each Unit		1
Common Class A [Member] | Public Warrant [Member]
Number of shares issued upon exercise of warrant (in shares)		1
Common Class A [Member] | IPO [Member]
Stock issued during period, Shares			28,250,000
Common Class A [Member] | Over-Allotment Option [Member]
Stock issued during period, Shares	3,250,000
Option vesting period		45 days
Common stock shares subscribed but not issued		3,750,000
Proceeds from the issuance of common stock	$ 32,500,000

Private Placement (Details)

Private Placement (Details) - USD ($)	Aug. 05, 2021	Jul. 30, 2021	Jun. 30, 2023
Warrants issued per private placement unit		0.33
Private Placement [Member] | Private Placement Units [Member]
Sale of stock, Number of shares issued		800,000
Sale of stock, Price per share		$ 10
Proceeds from issuance of Private placement		$ 8,000,000
Over-Allotment Option [Member] | Private Placement Units [Member]
Sale of stock, Number of shares issued	65,000
Sale of stock, Price per share	$ 10
Proceeds from issuance or sale of equity	$ 650,000
Common Class A [Member]
Class of Warrant or Right, Number of Securities Called by Each Warrant or Right			0.361
Common Class A [Member] | Private Placement Units [Member]
Exercise price of private placement warrant		$ 11.5
Common Class A [Member] | Private Placement [Member]
Class of Warrant or Right, Number of Securities Called by Each Warrant or Right		1

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Details) - USD ($)				3 Months Ended		6 Months Ended
	Sep. 11, 2021	Aug. 05, 2021	Feb. 05, 2021	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022	Jul. 30, 2021
Related Party Transaction [Line Items]
Class of warrants or rights issued during the period units						9,705,000
Administrative services fees incurred and paid				$ 353,926	$ 575,990	$ 804,694	$ 1,200,530
Working capital loan outstanding				$ 0		$ 0		$ 0
Founder Shares [Member]
Related Party Transaction [Line Items]
Number of warrants subject to forfeiture	41,667	41,667
Founder Warrants [Member]
Related Party Transaction [Line Items]
Number of securities included in each Unit			0.33
Class of warrants or rights issued during the period units			2,395,833			2,354,166
Class of warrants or rights subject to forfeiture				312,500		312,500
Class A Ordinary Shares [Member]
Related Party Transaction [Line Items]
Number of securities included in each Unit									1
Class A Ordinary Shares [Member] | Over-Allotment Option [Member]
Related Party Transaction [Line Items]
Stock issued during period, Shares		3,250,000
Class B Ordinary Shares [Member]
Related Party Transaction [Line Items]
Stock issued during the period, value			$ 25,000
Stock issued during period, Shares			7,187,500
Number of securities included in each Unit			1
Common stock shares subject to forfeiture				937,500		937,500
Class B Ordinary Shares [Member] | Over-Allotment Option [Member]
Related Party Transaction [Line Items]
Common shares subject to forfeiture	125,000	125,000
Administrative Support Services [Member]
Related Party Transaction [Line Items]
Administrative services fees incurred and paid				$ 165,000	165,000	$ 330,000	330,000
Sponsor [Member] | Operating Expense [Member]
Related Party Transaction [Line Items]
Repayment of related party debt				$ 8,376	$ 9,081	$ 14,006	$ 16,808
Sponsor [Member] | Class A Ordinary Shares [Member]
Related Party Transaction [Line Items]
Share price				$ 12		$ 12
Number of trading days for determining the share price						20 days
Number of consecutive trading days for determining the share price						30 days
Waiting period after business combination for determining the share price						150 days
Class of shares holding period						30 days
Sponsor [Member] | Class B Ordinary Shares [Member]
Related Party Transaction [Line Items]
Percentage of common stock shares outstanding				20%		20%
Common stock shares lock in period						1 year
Sponsor [Member] | Administrative Support Services [Member]
Related Party Transaction [Line Items]
Monthly related party fee			$ 55,000
Sponsor [Member] | Working Capital Loans [Member]
Related Party Transaction [Line Items]
Working capital debt convertible into equity warrants			$ 1,500,000
Debt instrument conversion price per share			$ 10
Related Party [Member]
Related Party Transaction [Line Items]
Accounts payable				$ 24,442		$ 24,442		$ 15,377

Commitments - Additional Inform

Commitments - Additional Information (Details)			6 Months Ended
	Sep. 11, 2021 shares	Aug. 05, 2021 USD ($) $ / shares shares	Jun. 30, 2023 Demand shares
Maximum [Member]
Other Commitments [Line Items]
Number of demands eligible security holder can make | Demand			3
Underwriting Agreement [Member]
Other Commitments [Line Items]
Deferred underwriting discount per share | $ / shares		$ 0.35
Deferred underwriting commission | $		$ 9,887,500
Underwriting Agreement [Member] | Over-Allotment Option [Member]
Other Commitments [Line Items]
Period granted for exercising the option			45 days
Common stock shares subscribed but not issued | shares			3,750,000
Stock issued during the period shares new issues | shares		3,250,000
Shares issued price per share | $ / shares		$ 10
Proceeds from the issuance of common stock | $		$ 32,500,000
Shares issued, shares, share-based payment arrangement, forfeited | shares	125,000
Underwriting Agreement [Member] | Initial Public Offering And Over allotment [Member]
Other Commitments [Line Items]
Cash underwriting discount per share | $ / shares		$ 0.2
Payment of underwriting discount | $		$ 5,650,000

Warrants - Additional Informati

Warrants - Additional Information (Details) - $ / shares		6 Months Ended
	Feb. 05, 2021	Jun. 30, 2023	Dec. 31, 2022
Warrants [Line Items]
Class of Warrant or Right, Exercise Price of Warrants or Rights		$ 11.5
Class of warrants or rights issued during the period units		9,705,000
Event Triggering Adjustment To Exercise Price Of Warrants [Member]
Warrants [Line Items]
Proceeds used for business combination as a percentage of total equity proceeds		60%
Number of trading days for determining the weighted volume weighted average share price		10 days
Volume weighted average price of shares		$ 9.2
Event Triggering Adjustment To Exercise Price Of Warrants [Member] | Maximum [Member]
Warrants [Line Items]
Shares issued price per share		$ 9.2
Event Triggering Adjustment To Exercise Price Of Warrants [Member] | As A Percentage Of Market Value [Member]
Warrants [Line Items]
Exercise price of warrants percentage		115%
Event Triggering Adjustment To Exercise Price Of Warrants [Member] | As A Percentage Of Newly Issued Price [Member]
Warrants [Line Items]
Exercise price of warrants percentage		115%
Event Triggering Adjustment To Exercise Price Of Warrants [Member] | Share Trigger Price One [Member] | As A Percentage Of Market Value [Member]
Warrants [Line Items]
Share price triggering warrant redemption percentage		100%
Event Triggering Adjustment To Exercise Price Of Warrants [Member] | Share Trigger Price Two [Member] | As A Percentage Of Newly Issued Price [Member]
Warrants [Line Items]
Share price triggering warrant redemption percentage		180%
Common Class A [Member]
Warrants [Line Items]
Period within which the warrants shall be registered with the securities exchange commission		20 days
Period within which the registration of warrants shall be effective from the closure of business combination		60 days
Period for registration statement to become effective		60 days
Class of warrants or rights number of shares called for by each warrant or right		0.361
Founder Warrants [Member]
Warrants [Line Items]
Class of warrants or rights outstanding		2,354,166	2,354,166
Class of warrants or rights issued during the period units	2,395,833	2,354,166
Private Placement Warrants [Member]
Warrants [Line Items]
Class of warrants or rights outstanding		288,334	288,334
Class of warrants or rights term		5 years
Class of warrants or rights lock in period		30 days
Class of warrants or rights issued during the period units		288,334
Public Warrants [Member]
Warrants [Line Items]
Class of warrants or rights outstanding		9,416,666	9,416,666
Class of Warrant or Right, Exercise Price of Warrants or Rights		$ 0.04	$ 0.04
Class of warrants or rights period after which the warrants are exercisable		30 days
Class of warrants or rights term		5 years
Class of warrants or rights issued during the period units		9,416,666
Public Warrants [Member] | Maximum [Member]
Warrants [Line Items]
Percentage of votes in terms of warrant holding to approve redemption		65%
Public Warrants [Member] | Share Trigger Price One [Member]
Warrants [Line Items]
Class of warrants or rights redemption price per unit		$ 0.01
Notice period to be given prior to redemption		30 days
Number of trading days for determining the share price		20 days
Number of consecutive trading days for determining the share price		30 days
Public Warrants [Member] | Share Trigger Price One [Member] | Minimum [Member]
Warrants [Line Items]
Share price		$ 18
Public Warrants [Member] | Share Trigger Price Two [Member]
Warrants [Line Items]
Class of warrants or rights redemption price per unit		$ 0.1
Notice period to be given prior to redemption		30 days
Notice period to redeem warrants		30 days
Number of consecutive trading days for determining the share price		10 days
Number Of Consecutive Trading Days For Determining The Volume Weighted Average Price Of Share Preceding The Date Of Notice		10 days
Number of business day		1 day
Public Warrants [Member] | Share Trigger Price Two [Member] | Minimum [Member]
Warrants [Line Items]
Share price		$ 10

Shareholder's Deficit - Additio

Shareholder's Deficit - Additional Information (Details)	6 Months Ended
	Jun. 30, 2023 Vote $ / shares shares	Dec. 31, 2022 $ / shares shares
Class of Stock [Line Items]
Preferred stock shares authorized	1,000,000	1,000,000
Preferred stock par or stated value per share | $ / shares	$ 0.0001	$ 0.0001
Preferred stock shares issued	0	0
Preferred stock shares outstanding	0	0
Class A Ordinary Shares [Member]
Class of Stock [Line Items]
Common stock shares authorized	200,000,000	200,000,000
Common stock par or stated value per share | $ / shares	$ 0.0001	$ 0.0001
Common stock shares outstanding including shares subject to possible redemption	29,115,000	29,115,000
Common stock shares issued including shares subject to possible redemption	29,115,000	29,115,000
Temporary equity, shares outstanding	28,250,000	28,250,000
Common stock shares issued	865,000	865,000
Common stock shares outstanding	865,000	865,000
Voting rights per share of common stock | Vote	1
Common stock shares conversion from one class to another conversion ratio	100%
Class A Ordinary Shares [Member] | Sponsor [Member]
Class of Stock [Line Items]
Percentage of common stock outstanding on conversion from one class to another and issued upon exercise of any equity linked securities	20%
Class B Ordinary Shares [Member]
Class of Stock [Line Items]
Common stock shares authorized	20,000,000	20,000,000
Common stock par or stated value per share | $ / shares	$ 0.0001	$ 0.0001
Common stock shares issued	7,062,500	7,062,500
Common stock shares outstanding	7,062,500	7,062,500
Voting rights per share of common stock | Vote	1

Fair Value Measurements - Summa

Fair Value Measurements - Summary of information about the Company's financial assets and liabilities that are measured at fair value on a recurring basis (Details) - Fair Value, Recurring [Member] - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Private Placement Warrants [Member]
Liabilities
Warrant liability	$ 11,533	$ 11,533
Public Warrants [Member]
Liabilities
Warrant liability	376,667	376,667
Money Market Funds [Member]
Investments held in Trust Account:
Money Market investments	293,076,995	286,583,051
Warrant [Member]
Liabilities
Warrant liability	94,167	94,167
Level 1 [Member] | Private Placement Warrants [Member]
Liabilities
Warrant liability	0	0
Level 1 [Member] | Public Warrants [Member]
Liabilities
Warrant liability	376,667	376,667
Level 1 [Member] | Money Market Funds [Member]
Investments held in Trust Account:
Money Market investments	293,076,995	286,583,051
Level 1 [Member] | Warrant [Member]
Liabilities
Warrant liability	0	0
Level 2 [Member] | Private Placement Warrants [Member]
Liabilities
Warrant liability	11,533	11,533
Level 2 [Member] | Public Warrants [Member]
Liabilities
Warrant liability	0	0
Level 2 [Member] | Money Market Funds [Member]
Investments held in Trust Account:
Money Market investments	0	0
Level 2 [Member] | Warrant [Member]
Liabilities
Warrant liability	94,167	94,167
Level 3 [Member] | Private Placement Warrants [Member]
Liabilities
Warrant liability	0	0
Level 3 [Member] | Public Warrants [Member]
Liabilities
Warrant liability	0	0
Level 3 [Member] | Money Market Funds [Member]
Investments held in Trust Account:
Money Market investments	0	0
Level 3 [Member] | Warrant [Member]
Liabilities
Warrant liability	$ 0	$ 0

Fair Value Measurements - Sum_2

Fair Value Measurements - Summary of changes in the fair value of the Company's Level 3 financial instruments that are measured at fair value (Details) - USD ($)	3 Months Ended					6 Months Ended
	Jun. 30, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2023	Jun. 30, 2022
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Change in fair value	$ 844,141			$ 3,203,124		$ 0	$ 7,017,383
Warrant [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair value		$ 290,675	$ 317,100	977,725	$ 2,061,150	$ 0	2,061,150
Change in fair value		(184,975)	(26,425)	(660,625)	(1,083,425)
Transfer of Warrants		(105,700)
Fair value		$ 0	$ 290,675	$ 317,100	$ 977,725		$ 317,100

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Class of warrant or right, Exercise price of warrant	$ 11.5		$ 11.5
Gain (loss) due to change in the fair value of financial liability	$ 844,141	$ 3,203,124	$ 0	$ 7,017,383
Public Warrants [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Class of warrant or right, Exercise price of warrant	$ 0.04		$ 0.04		$ 0.04
Private Placement Warrants [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrants and rights outstanding, fair value	0.04		0.04		0.04
Founder Warrants [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Warrants and rights outstanding, fair value	$ 0.04		$ 0.04		$ 0.04

Subsequent Events (Details)

Subsequent Events (Details) - USD ($)	Aug. 14, 2023	Aug. 08, 2023	Jul. 27, 2023	Aug. 02, 2023	Jun. 30, 2023	Dec. 31, 2022
Subsequent Event [Abstract]
Minimum net worth to consummate business combination					$ 5,000,001
Remaining amount in Trust Account					$ 293,076,995	$ 286,583,051
Subsequent Event [Member]
Subsequent Event [Abstract]
Minimum net worth to consummate business combination			$ 5,000,001
Number of shares redeemed (in shares)			13,532,591
Share price (in dollars per share)			$ 10.41
Number of shares redeemed, value			$ 140,838,808
Remaining amount in Trust Account			153,169,659
Monthly payment amount for extension			$ 225,000
Monthly payment amount for extension (per share)			$ 0.03
Cash deposited into trust account for extension payment				$ 225,000
Ownership percentage by Glowforge Inc.			100%
Subsequent Event [Member] | Class A Ordinary Shares [Member]
Subsequent Event [Abstract]
Number of shares converted to common stock (in shares)			1
Subsequent Event [Member] | Sponsor [Member]
Subsequent Event [Abstract]
Advance from Sponsor		$ 3,000	$ 3,000
Subsequent Event [Member] | Sponsor [Member] | Sponsor Loan Commitment [Member]
Subsequent Event [Abstract]
Monthly contributions	$ 1,500,000
Debt conversion amount per share	$ 10