Class A Ordinary Shares Subject to Possible Redemption (Tables)

6 Months Ended

Jun. 30, 2023


Gross Proceeds	$	402,500,000
Less:
Offering costs allocated to Class A shares subject to possible redemption		(22,089,093)
Proceeds allocated to Public Warrants at issuance		(12,397,000)
Plus:
Accretion on Class A ordinary shares subject to possible redemption		34,486,093
Class A ordinary shares subject to possible redemption as of December 31, 2021	$	402,500,000
Increase in redemption value of Class A ordinary shares subject to possible redemption		5,918,813
Class A ordinary shares subject to possible redemption as of December 31, 2022	$	408,418,813
Less redemptions by shareholders of Class A ordinary shares subject to possible redemption in connection with the Extension (see Note 1)		(363,614,595)
Increase in redemption value of Class A ordinary shares subject to possible redemption		2,768,654
Class A ordinary shares subject to possible redemption as of March 31, 2023	$	47,572,872
Increase in redemption value of Class A ordinary shares subject to possible redemption		856,515
Class A ordinary shares subject to possible redemption as of June 30, 2023	$	48,429,387

CC Neuberger Principal Holdings III 10-Q