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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 income (loss) | ||
| Adjustments to reconcile net income (loss) to net cash used in operating activities: | ||
| Trust interest income | ||
| Changes in current assets and liabilities: | ||
| Prepaid expenses | ||
| Accounts payable and accrued expenses | ||
| Income taxes payable | ||
| Net cash used in operating activities | ||
| Cash flows from investing activities: | ||
| Investment of cash in Trust Account | ||
| Cash withdrawn from Trust Account for redemptions | ||
| Cash withdrawn from Trust Account to pay taxes | ||
| Net cash provided by (used in) investing activities | ||
| Cash flows from financing activities: | ||
| Proceeds from sale of Units, net of underwriting discount | ||
| Proceeds from issuance of Private Placement Warrants | ||
| Proceeds from sale of founder shares to initial stockholders | ||
| Proceeds from issuance of convertible promissory note to related party | ||
| Repayment of promissory note to related party | ||
| Payment of deferred offering costs | ||
| Redemption of common stock | ||
| Net cash (used in) provided by financing activities | ||
| Net change in cash | ||
| Cash, beginning of the period | ||
| Cash, end of the period | ||
| Supplemental disclosure of cash flow information: | ||
| Deferred underwriters’ discount | ||
| Remeasurement of common stock subject to possible redemption to fair value | ||
| Remeasurement of common stock to possible redemption | ||
| Income taxes paid | ||
| Deferred underwriters’ discount payable charged to additional paid-in capital |
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