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FY2022
12 months to Dec 31, 2022
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FY2021
12 months to Dec 31, 2021
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|---|---|---|
| Cash Flows from Operating Activities: | ||
| Net income (loss) | ||
| Adjustments to reconcile net income (loss) to net cash used in operating activities: | ||
| Interest earned on marketable securities held in Trust Account | ||
| Unrealized loss (gain) on marketable securities held in Trust Account | ||
| Deferred tax provision | ||
| Change in fair value of Warrant Liabilities | ||
| Transaction costs related to Private Placement and Public Warrants | ||
| Changes in operating assets and liabilities: | ||
| Prepaid expenses | ||
| Accrued expenses | ||
| Income taxes payable | ||
| Net cash used in operating activities | ||
| Cash Flows from Investing Activities: | ||
| Investment of cash into Trust Account | ||
| Cash withdrawn from Trust Account to pay franchise and income taxes | ||
| Cash withdrawn from Trust Account for working capital purposes | ||
| 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 Placements Warrants | ||
| Proceeds from promissory note—related party | ||
| Repayment of promissory note—related party | ||
| Payment of offering costs | ||
| Net cash provided by financing activities | ||
| Net Change in Cash | ||
| Cash – Beginning of period | ||
| Cash – End of period | ||
| Non-cash investing and financing activities: | ||
| Initial classification of Class A common stock subject to possible redemption | ||
| Remeasurement adjustment on redeemable common stock | ||
| Deferred underwriting fee payable | ||
| Initial value of warrant liabilities |
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