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Consolidated Balance Sheets

In millions of USD, except per-share amounts
Q2 FY2023
As of Jun 30, 2023
Q1 FY2023
As of Mar 31, 2023
Q4 FY2022
As of Dec 31, 2022
Q3 FY2022
As of Sep 30, 2022
Q2 FY2022
As of Jun 30, 2022
Q1 FY2022
As of Mar 31, 2022
Q4 FY2021
As of Dec 31, 2021
Q3 FY2021
As of Sep 30, 2021
Current Assets:
Deferred offering costs
Cash
Prepaid expenses
Total Current Assets
Long-term prepaid expenses
Investments held in trust account
Total Assets
Current Liabilities:
Accrued expenses
Accounts payable and accrued liabilities
Due to Related party
 Promissory note
Income tax payable
Promissory notes from related parties
Promissory notes from related parties – accrued interest
Excise tax payable
Promissory notes and working capital loans from related parties
Accrued interest – related parties
Total Current Liabilities
Derivative forward purchase liability
Derivative warrant liabilities
Deferred underwriter fee payable
Long Term Liabilities:
Derivative forward purchase liability
Derivative warrant liability
Deferred underwriter fee payable
Total Liabilities
Class A common stock subject to redemption; 3,972,003 shares and 11,500,000 shares at redemption value of $10.46 and $10.29 per share at June 30, 2023 and December 31, 2022, respectively
Stockholders’ Deficit:
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding
Class A common stock, $0.0001 par value; 200,000,000 shares authorized; 57,500 representative shares issued and outstanding (excludes 3,972,003 shares and 11,500,000 shares, subject to redemption at June 30, 2023 and December 31, 2022, respectively)
Common Class A
Common Class B
Total class A common stock, $0.0001 par value; 200,000,000 shares authorized; 57,500 representative shares issued and outstanding (excludes 3,972,003 shares and 11,500,000 shares, subject to redemption at June 30, 2023 and December 31, 2022, respectively)
Class B Common Stock, par value $0.0001; 20,000,000 shares authorized; 2,875,000 issued and outstanding
Additional paid-in capital
Accumulated deficit
Total Stockholders’ Deficit
Total Liabilities, Common Stock Subject to Possible Redemption and Stockholders’ Deficit

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