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FY2022
12 months to Dec 31, 2022
|
FY2021
12 months to Dec 31, 2021
|
|
|---|---|---|
| Cash Flows from Operating Activities: | ||
| Net income (loss) | ||
| Adjustments to reconcile net income (loss) to net cash used in operating activities: | ||
| Change in fair value of derivative asset and liabilities | ||
| Financing costs | ||
| Unrealized gain on investments held in Trust Account | ||
| Interest income and unrealized gain on investments held in Trust Account | ||
| Changes in operating assets and liabilities: | ||
| Prepaid expenses | ||
| Accounts payable | ||
| Accrued expenses | ||
| Due to related party | ||
| Deferred legal fees | ||
| Non-current accounts payable and accrued expenses | ||
| Net cash used in operating activities | ||
| Cash Flows from Investing Activities: | ||
| Cash deposited in Trust Account | ||
| Net cash used in investing activities | ||
| Cash Flows from Financing Activities: | ||
| Repayment of note payable to related parties | ||
| Proceeds from working capital loan | ||
| Proceeds received from initial public offering, gross | ||
| Proceeds received from private placement | ||
| Offering costs paid | ||
| Net cash provided by financing activities | ||
| Net change in cash | ||
| Cash - beginning of the period | ||
| Cash - ending of the period | ||
| Supplemental disclosure of noncash investing and financing activities: | ||
| Offering costs included in accrued expenses | ||
| Offering costs paid by related party under promissory note | ||
| Accounts payable paid by related party under promissory note | ||
| Deferred legal fees | ||
| Deferred underwriting commissions |
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