|
FY2024
12 months to Dec 31, 2024
|
FY2023
12 months to Dec 31, 2023
|
FY2022
12 months to Dec 31, 2022
|
FY2021
12 months to Dec 31, 2021
|
|
|---|---|---|---|---|
| Cash Flows from Operating Activities: | ||||
| Net loss | ||||
| Adjustments to reconcile net loss to net cash used in operating activities: | ||||
| Interest earned on marketable securities held in Trust Account | ||||
| Unrealized loss on marketable securities held in Trust Account | ||||
| Transaction costs associated with the Initial Public Offering | ||||
| Change in fair value of warrant liabilities | ||||
| Changes in operating assets and liabilities: | ||||
| Prepaid expenses | ||||
| Other assets | ||||
| Accrued expenses | ||||
| Excise tax payable | ||||
| Deferred legal fee | ||||
| Income taxes payable | ||||
| Net cash used in operating activities | ||||
| Cash Flows from Investing Activities: | ||||
| Cash withdrawn from Trust Account to pay franchise and income taxes | ||||
| Cash withdrawn from Trust Account in connection with redemption | ||||
| Net cash provided by investing activities | ||||
| Cash Flows from Financing Activities: | ||||
| Proceeds from issuance of Class B common stock to Sponsor | ||||
| Proceeds from sale of Units, net of underwriting discounts paid | ||||
| Proceeds from sale of Private Placement Units | ||||
| Repayment of advances from related party | ||||
| Proceeds from promissory note – related party | ||||
| Repayment of promissory notes – related party | ||||
| Proceeds from convertible promissory note—related party | ||||
| Payment of offering costs | ||||
| Redemption of common stock | ||||
| Net cash used in financing activities | ||||
| Net Change in Cash | ||||
| Cash – Beginning | ||||
| Cash – Ending | ||||
| Supplementary cash flow information: | ||||
| Cash paid for income taxes | ||||
| Non-Cash investing and financing activities: | ||||
| Deferred underwriting fee payable | ||||
| Accretion for Class A common stock subject to redemption amount | ||||
| Initial classification of warrant liability | ||||
| Initial classification of common stock subject to redemption | ||||
| Offering costs charged to operations allocated to anchor investors | ||||
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