|
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: | ||
| Payment of formation costs through issuance of Class B ordinary shares | ||
| Interest earned on marketable securities held in Trust Account | ||
| Transaction costs allocable to warrants | ||
| Change in fair value of warrant liabilities | ||
| Prepaid expenses | ||
| Unrealized loss on marketable securities held in Trust Account | ||
| Change in fair value of warrant liabilities | ||
| Changes in operating assets and liabilities: | ||
| Prepaid expenses | ||
| Due from sponsor | ||
| Accounts payable and accrued expenses | ||
| Net cash used in operating activities | ||
| Cash Flows from Investing Activities: | ||
| Investment of cash in Trust Account | ||
| Net cash used in investing activities | ||
| Cash Flows from Financing Activities: | ||
| Proceeds from sale of Units, net of underwriting discounts paid | ||
| Proceeds from sale of Private 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 | ||
| Cash – Ending | ||
| Non-Cash Investing and Financing Activities: | ||
| Remeasurement from carrying value to redemption value for Class A ordinary shares | ||
| Offering costs paid directly by Sponsor in exchange for the issuance of Class B ordinary shares | ||
| Deferred underwriting fee payable |
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