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FY2022
12 months to Jun 30, 2022
|
FY2021
12 months to Jun 30, 2021
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|
|---|---|---|
| Cash flows from operating activities | ||
| Net loss | ||
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Change in fair value of warrant liabilities | ||
| Interest income earned in cash and investments held in trust account | ||
| Gain on extinguishment of liabilities due to termination of promissory note | ||
| Change in operating assets and liabilities: | ||
| (Increase) decrease in prepayment | ||
| Increase in accrued liabilities | ||
| Increase in accrued liabilities and other payable | ||
| Net cash used in operating activities | ||
| Cash flows from investing activities | ||
| Proceeds deposited in Trust Account | ||
| Net cash used in investing activities | ||
| Proceeds from unit purchase option | ||
| Cash flows from financing activities | ||
| Proceeds from sale of unit purchase option | ||
| Proceeds from public offering, net of offering expenses | ||
| Proceeds from private placement | ||
| Proceeds from private placements | ||
| Repayments to a related party, net | ||
| Net cash provided by financing activities | ||
| NET CHANGE IN CASH | ||
| Unrealized loss on marketable debt securities | ||
| Initial classification of shares subject to redemption | ||
| Reclassification of shares subject to redemption | ||
| Cash, beginning of year | ||
| Cash, end of year | ||
| SUPPLEMENTAL DISCLOSURE OF NON-CASH FINANCING ACTIVITIES: | ||
| Initial classification of ordinary shares subject to possible redemption | ||
| Allocation of offering costs to ordinary shares subject to possible redemption | ||
| Accretion of carrying value to redemption value | ||
| Accrued underwriting compensation | ||
| Unrealized holding gain (loss) on available-for-sales securities | ||
| Initial recognition of warrant liabilities | ||
| Proceeds of promissory notes deposited in Trust Account |
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