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FY2023
12 months to Dec 31, 2023
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FY2022
12 months to Dec 31, 2022
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FY2021
10 months to Dec 31, 2021
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|---|---|---|---|
| Cash Flows from Operating Activities: | |||
| Net (loss) income | |||
| Adjustments to reconcile net (loss) income to net cash used in operating activities: | |||
| Gain on marketable securities, dividends and interest, held in Trust Account | |||
| Changes in operating assets and liabilities: | |||
| Prepaid expenses and other assets | |||
| Prepaid expenses | |||
| Franchise and income taxes payable | |||
| Accounts payable and accrued expenses | |||
| Net cash used in operating activities | |||
| Cash Flows from Investing Activities: | |||
| Investment of cash into Trust Account | |||
| Cash withdrawn from Trust Account to pay franchise and income taxes | |||
| Cash withdrawn from Trust Account in connection with redemption | |||
| Net cash provided by investing activities | |||
| Cash Flows from Financing Activities: | |||
| Advances from related party | |||
| Repayment of note payable and advances from related party | |||
| Proceeds from issuance of common stock to Sponsor | |||
| Proceeds from sale of common stock, net of transaction costs | |||
| Proceeds from sale of Private Placement Warrants | |||
| Redemption of common stock | |||
| Net cash used in financing activities | |||
| Net decrease in cash | |||
| Cash - beginning of period | |||
| Cash - end of period | |||
| Supplementary cash flow information: | |||
| Cash paid for income taxes | |||
| Supplemental disclosure of noncash investing and financing activities: | |||
| Adjustment to deferred underwriting and advisory fees payable | |||
| Initial classification of common stock subject to possible redemption | |||
| Excess fair value over consideration paid for founder shares sold to the anchor investors | |||
| Remeasurement adjustment on redeemable common stock | |||
| Excise tax payable attributable to redemption | |||
| Contribution - stockholder non-redemption agreements | |||
| Redeemed stock payable to shareholders |
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