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FY2022
12 months to Dec 31, 2022
|
FY2021
11 months to Dec 31, 2021
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|---|---|---|
| Cash Flows from Operating Activities: | ||
| Net loss | ||
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Net gain from cash held in Trust Account | ||
| Changes in operating assets and liabilities: | ||
| Prepaid insurance | ||
| Related party payable | ||
| Accrued expenses | ||
| Franchise tax payable | ||
| Income tax payable | ||
| Net cash used in operating activities | ||
| Cash Flows from Investing Activities: | ||
| Cash deposited in Trust Account | ||
| Net cash used in investing activities | ||
| Cash Flows from Financing Activities: | ||
| Proceeds from issuance of Common stock to Sponsor | ||
| Proceeds from advance from related party | ||
| Proceeds from note payable to related party | ||
| Proceeds received from initial public offering | ||
| Offering costs paid | ||
| Net cash provided by financing activities | ||
| Net change in cash | ||
| Cash - beginning of the period | ||
| Cash - end of the period | ||
| Supplemental disclosure of non-cash financing activities: | ||
| Related party note payable exchanged for common stock | ||
| Advance from related party exchanged from common stock | ||
| Deferred underwriting commissions in connection with the initial public offering | ||
| Initial value of Common stock subject to possible redemption | ||
| Redemption of Class A Common stock | ||
| Accretion of common stock to redemption value |
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