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Consolidated Balance Sheets

In millions of USD, except per-share amounts
Q4 FY2024
As of Dec 31, 2024
Q3 FY2024
As of Sep 30, 2024
Q2 FY2024
As of Jun 30, 2024
Q1 FY2024
As of Mar 31, 2024
Q4 FY2023
As of Dec 31, 2023
Q3 FY2023
As of Sep 30, 2023
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
Current assets
Cash
Prepaid expenses
Due from related party
Total current assets
Cash held in Trust Account
Total Assets
Current liabilities
Accounts payable and accrued expenses
Convertible senior secured promissory note
Derivative liability
Sponsor convertible notes
Related Party
Total sponsor convertible notes
Total current liabilities
Non-current liabilities
Warrant liability
Deferred underwriting commissions
Warrant liabilities
Total non-current liabilities
Total Liabilities
Redeemable Class A ordinary shares, $0.0001 par value; 200,000,000 shares authorized, 23,000,000 shares issued and outstanding subject to possible redemption, at redemption value at March 31, 2022 and December 31, 2021
Redeemable Class A ordinary shares, $0.0001 par value; 200,000,000 shares authorized, 23,000,000 shares issued and outstanding subject to possible redemption, at redemption value
CLASS A ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION
Class A ordinary shares subject to possible redemption, $0.0001 par value; 332,928 and 4,777,672 shares issued and outstanding subject to possible redemption, at approximately $11.58 and $11.07 redemption value at December 31, 2024 and 2023, respectively
SHAREHOLDERS’ DEFICIT
Preference shares, $0.0001 par value; 1,000,000 shares authorized; 609,250 issued and outstanding and none issued or outstanding at December 31, 2024 and 2023, respectively
Ordinary shares value
Class A Ordinary Shares
Class B Ordinary Shares
Total ordinary shares value
Class B ordinary shares; $0.0001 par value; 20,000,000 shares authorized; one and 5,750,000 shares issued and outstanding, respectively, at September 30, 2023 and December 31, 2022
Additional paid-in capital
Accumulated deficit
Total Shareholders’ Deficit
Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption and Shareholders’ Deficit

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