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FY2022
12 months to Dec 31, 2022
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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: | |
| Change in fair value of derivative warrant liabilities | |
| Deferred income taxes | |
| General and administrative expenses advanced by related parties | |
| Income from investments held in Trust Account | |
| Offering costs associated with derivative warrant liabilities | |
| Changes in operating assets and liabilities: | |
| Prepaid expenses | |
| Prepaid expenses - long-term | |
| Accounts payable | |
| Accrued expenses | |
| Franchise tax payable | |
| Income tax payable | |
| Net cash used in operating activities | |
| Cash Flows from Investing Activities | |
| Cash deposited in Trust Account | |
| Interest released from Trust Account | |
| Net cash provided by (used in) investing activities | |
| Cash Flows from Financing Activities: | |
| Proceeds from advances from related parties | |
| Repayment of advances from related parties | |
| Proceeds received from initial public offering, gross | |
| Proceeds received from private placement | |
| Offering costs paid | |
| Net cash (used in) provided by financing activities | |
| Net change in cash | |
| Cash - beginning of the period | |
| Cash - end of the period | |
| Supplemental disclosure of noncash investing and financing activities: | |
| Offering costs paid by Sponsor in exchange for issuance of Class B common stock | |
| Offering costs included in accounts payable | |
| Offering costs included in accrued expenses | |
| Offering costs advanced by related parties | |
| Deferred underwriting commissions | |
| Increase in redemption value of Class A common stock subject to possible redemption |
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