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FY2023
12 months to Dec 31, 2023
|
FY2022
12 months to Dec 31, 2022
|
FY2021
10 months to Dec 31, 2021
|
|
|---|---|---|---|
| Cash flows from operating activities: | |||
| Net (loss) income | |||
| Adjustments to reconcile net (loss) income to net cash used in operating activities: | |||
| Formation cost paid by Sponsor | |||
| Interest earned on investments in Trust Account | |||
| Interest and dividends earned on investment in Trust | |||
| Amortization of prepaid expenses | |||
| Changes in operating assets and liabilities: | |||
| Accrued costs and expenses | |||
| Prepaid expenses | |||
| Due to related party | |||
| Income taxes payable | |||
| Deferred income tax | |||
| Net cash used in operating activities | |||
| Cash Flows from Investing Activities: | |||
| Investment of cash in Trust Account | |||
| Disposal of trust assets for redemptions | |||
| Withdrawal of trust funds to pay taxes | |||
| Net cash provided by Investing Activities | |||
| Cash Flows from Financing Activities: | |||
| Proceeds from Private placement | |||
| Proceeds from sale of founder shares to initial stockholders | |||
| Proceeds from sale of common stocks to initial stockholders | |||
| Proceeds from issuance of promissory note to related party | |||
| Payment of promissory note to related party | |||
| Payment of deferred offering costs | |||
| Payment for redemptions of shares subject to possible redemption | |||
| Net cash used in financing activities | |||
| Net change in cash | |||
| Cash, beginning of the period | |||
| Cash, end of the period | |||
| Supplemental disclosure of cash flow information: | |||
| Initial value of Class A common stock subject to possible redemption | |||
| Deferred underwriters commission | |||
| Deferred offering costs paid by promissory note – related party | |||
| Forfeiture of shares due to over-allotment not exercised in full | |||
| Fair value of representative shares issued | |||
| Recognition of liability for excise tax on redemptions | |||
| Class A share accretion to redemption value in excess of purchase price |
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