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FY2020
12 months to Jul 31, 2020
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FY2019
12 months to Jul 31, 2019
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|---|---|---|
| Cash flows from operating activities: | ||
| Net loss | ||
| Formation and operating costs paid by related party | ||
| Interest earned on cash and marketable securities held in Trust Account | ||
| Changes in current assets and liabilities: | ||
| Prepaid assets | ||
| Prepaid expenses | ||
| Accounts payable and accrued expenses | ||
| Net cash used in operating activities | ||
| Cash Flows from Investing Activities: | ||
| Principal deposited in trust account | ||
| Net cash used in investing activities | ||
| Cash flows from financing activities: | ||
| Proceeds from initial public offering | ||
| Proceeds from private placement | ||
| Proceeds from underwriters' unit purchase option | ||
| Proceeds from loan from related party | ||
| Proceeds from loan from Diginex | ||
| Payment of advances and loan from related party | ||
| Payment of deferred offering costs | ||
| Net cash provided by financing activities | ||
| Net change in cash | ||
| Cash, beginning of the period | ||
| Cash, end of period | ||
| Supplemental disclosure of cash flow information: | ||
| Non-cash financing transactions: | ||
| Payments of prepaid expenses associated with proposed public offering and deferred offering costs made by related party | ||
| Payments of deferred offering costs made by related party | ||
| Reclassification of ordinary shares subject to possible redemption |
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