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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 | ||
| Adjustments to reconcile net income to net cash used in operating activities: | ||
| Income earned from investments held in Trust Account | ||
| Change in fair value of derivative warrant liabilities | ||
| Change in fair value of working capital loan | ||
| Offering cost - derivative warrant liabilities | ||
| Changes in operating assets and liabilities: | ||
| Prepaid expenses | ||
| Accounts payable | ||
| Accrued expenses | ||
| Franchise tax payable | ||
| Income tax payable | ||
| Due to related party | ||
| Net cash used in operating activities | ||
| Cash Flows from Investing Activities | ||
| Cash deposited in Trust Account | ||
| Withdrawal from Trust Account | ||
| Net cash provided by (used in) investing activities | ||
| Cash Flows from Financing Activities: | ||
| Proceeds from issuance of working capital loan to related party | ||
| Repayment of note payable to related party | ||
| Proceeds received from initial public offering, gross | ||
| Proceeds received from private placement | ||
| Offering costs paid | ||
| Net cash provided by financing activities | ||
| Net (decrease) increase in cash | ||
| Cash - beginning of the period | ||
| Cash - end of the period | ||
| Supplemental disclosure of cash activities: | ||
| Income taxes paid | ||
| Supplemental disclosure of noncash flow activities: | ||
| Offering costs paid by Sponsor in exchange for issuance of Class B common stock | ||
| Offering costs included in accrued expenses | ||
| Deferred underwriting commissions in connection with the initial public offering |
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