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FY2024
12 months to Dec 31, 2024
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FY2023
12 months to Dec 31, 2023
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FY2022
12 months to Dec 31, 2022
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|---|---|---|---|
| Cash Flows from Operating Activities: | |||
| Net income | |||
| Adjustments to reconcile net income to net cash used in operating activities: | |||
| Interest earned on investments held in Trust Account | |||
| Changes in operating assets and liabilities: | |||
| Other receivable | |||
| Prepaid expenses | |||
| Accrued expenses | |||
| Accounts payable and accrued expenses | |||
| Chinese income taxes payable | |||
| Chinese VAT and surcharges payable | |||
| Net cash used in operating activities | |||
| Cash Flows from Investing Activities: | |||
| Investment of cash in Trust Account | |||
| Cash deposited in Trust Account for extension payments | |||
| Net cash provided by (used in) investing activities | |||
| Cash Flows from Financing Activities: | |||
| Proceeds from sale of Units, net of underwriting discounts paid | |||
| Proceeds from sale of Private Units | |||
| Proceeds from sale of Representative warrants | |||
| Advances from the Sponsor | |||
| Proceeds from promissory note - related party | |||
| Repayment of advances from the Sponsor | |||
| Repayments Of Promissory Note From Related Party | |||
| Promissory Note with Related Party | |||
| Total repayments Of Promissory Note From Related Party | |||
| Payment of offering costs | |||
| Redemption of ordinary shares | |||
| Proceeds from due from Sponsor | |||
| Proceeds from promissory/extension notes - Sponsor | |||
| Extension Note | |||
| Unsecured Promissory Note 2024 | |||
| Net cash (used in) provided by financing activities | |||
| Net Change in Cash | |||
| Cash - Beginning of period | |||
| Cash - End of period | |||
| Non-Cash investing and financing activities: | |||
| Offering costs included in accrued offering costs | |||
| Accretion of ordinary shares to redemption value |
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