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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: | ||
| Trust account interest income | ||
| Gain on deferred underwriting commissions | ||
| Gain on warrant derivative liability | ||
| Changes in operating assets and liabilities: | ||
| Decrease (increase) in prepaid expenses | ||
| Increase (decrease) in accounts payable and accrued liabilities | ||
| Increase (decrease) in income taxes payable | ||
| Net cash provided by (used in) operating activities | ||
| Cash flows from investing activities: | ||
| Cash withdrawn from trust account for redemptiom payments | ||
| Cash withdrawn from trust account for tax payments | ||
| Cash deposited in trust account | ||
| Net cash provided by (used in) investing activities | ||
| Cash flows from financing activities: | ||
| Proceeds from public offering | ||
| Proceeds from sale of private placement warrants | ||
| Class A share redemptions | ||
| Proceeds from affiliate notes payable | ||
| Payment for underwriting discounts | ||
| Payment of offering costs | ||
| Payment of offering costs in affiliate notes payable | ||
| Proceeds from stock subscriptions receivable, affiliates | ||
| Net cash provided by (used in) financing activities | ||
| Net increase in cash and cash equivalents | ||
| Cash and cash equivalents at beginning of period | ||
| Cash and cash equivalents at end of period | ||
| Supplemental schedule of non-cash financing activities: | ||
| Issuance of Common stock to sponsor | ||
| Initial classification of common shares subject to possible conversion | ||
| Remeasurement of class A common shares subject to redemption | ||
| Deferred underwriting commissions | ||
| Initial warrant derivative liability |
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