Quarterly report pursuant to Section 13 or 15(d)

Document And Entity Information

Document And Entity Information - shares
9 Months Ended
Sep. 30, 2021
Apr. 26, 2023
Document Information Line Items    
Entity Registrant Name African Gold Acquisition Corp  
Trading Symbol AGAC  
Document Type 10-Q/A  
Current Fiscal Year End Date --12-31  
Amendment Flag true  
Amendment Description For the reasons discussed below, the audit committee (“Audit Committee”) of the board of directors (“Board”) of African Gold Acquisition Corporation (the “Company"), after consultation with management, determined, on August 30, 2022, that the Company’s previously issued financial statements, as set forth in the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2021, must be restated and should not be relied upon.As previously reported in its Current Report on Form 8-K filed on August 26, 2022 (the “August 26 8-K”), on August 22, 2022 the Board discovered improper withdrawals from the Company’s operating bank account and the subsequent concealment of these withdrawals, which transactions initially appeared to commence in January 2022 during the reporting period ended March 31, 2022. Upon these discoveries, the board immediately launched an internal investigation, began a series of discussions with its advisors, took actions necessary to safeguard Company accounts and sought to recover funds. From the Board investigation it was concluded that Cooper Morgenthau, the former Chief Financial Officer and a former director of the Company, had made those improper withdrawals and took deliberate actions to conceal them, including by falsifying documents (the “Irregularities”). Effective August 22, 2022, Mr. Morgenthau’s services as the Company’s Chief Financial Officer (the Company’s Principal Financial and Accounting Officer) were terminated. Mr. Morgenthau was formally removed as a director and officer of the Company pursuant to its amended and restated memorandum and articles of association effective August 26, 2022.Following Mr. Morgenthau’s termination, the board and the Audit Committee continued to hold internal and external discussions with bankers, vendors and service providers investigating any and all possibilities of additional Irregularities. On August 31, 2022 the board investigation discovered that improper withdrawals by Mr. Morgenthau extended back to and commenced in June 2021 and the concealment of these Irregularities was accomplished by falsifying bank statements commencing with the June 2021 statements and continuing through to July 2022.As stated above and previously reported in the August 26 8-K, the Board has confirmed that the Irregularities did not extend to the Company’s trust account (“Trust Account”), and as of September 1, 2022 there was $415,737,822 in the Trust Account.  
Entity Central Index Key 0001833909  
Entity Current Reporting Status Yes  
Entity Filer Category Non-accelerated Filer  
Document Period End Date Sep. 30, 2021  
Document Fiscal Year Focus 2021  
Document Fiscal Period Focus Q3  
Entity Small Business true  
Entity Emerging Growth Company true  
Entity Shell Company true  
Entity Ex Transition Period false  
Document Quarterly Report true  
Document Transition Report false  
Entity Incorporation, State or Country Code E9  
Entity File Number 001-40121  
Entity Tax Identification Number 00-0000000  
Entity Address, Address Line One PO Box 2634  
Entity Address, City or Town Darien  
Entity Address, State or Province CT  
Entity Address, Postal Zip Code 06820  
City Area Code +1-917  
Local Phone Number 612-0545  
Title of 12(b) Security Class A ordinary shares, par value $0.0001 per share  
Security Exchange Name NYSE  
Entity Interactive Data Current Yes  
Class A Ordinary Shares    
Document Information Line Items    
Entity Common Stock, Shares Outstanding   5,317,556
Class B Ordinary Shares    
Document Information Line Items    
Entity Common Stock, Shares Outstanding   10,350,000