|
FY2022
12 months to Dec 31, 2022
|
FY2021
12 months to Dec 31, 2021
|
|
|---|---|---|
| Cash Flows from Operating Activities: | ||
| Net income | ||
| Adjustments to reconcile net income to net cash used in operating activities: | ||
| Interest earned on cash and investments held in Trust Account | ||
| Change in fair value of warrant liabilities | ||
| Transaction costs allocated to 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 in Trust Account | ||
| Cash withdrawn from Trust Account to pay franchise and income taxes | ||
| 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 | ||
| Advance from related party | ||
| Proceeds of promissory note – related party | ||
| Repayment of advances from related party | ||
| Repayment of promissory note – related party | ||
| Proceeds from convertible promissory note | ||
| Payment of offering costs | ||
| Net cash provided by financing activities | ||
| Net Change in Cash | ||
| Net Change in Cash | ||
| Cash – Beginning of period | ||
| Cash – End of period | ||
| Non-Cash Investing and Financing Activities: | ||
| Offering costs paid by Sponsor in exchange for issuance of Founder Shares | ||
| Offering costs paid through promissory note | ||
| Deferred underwriting fee payable | ||
| Forfeiture of Founder Shares | ||
| Accretion for Class A common stock subject to redemption amount |
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