|
FY2023
12 months to Dec 31, 2023
|
FY2022
12 months to Dec 31, 2022
|
|
|---|---|---|
| Cash Flows from Operating Activities: | ||
| Net (loss) income | ||
| Adjustment to reconcile net (loss) income to net cash used in operating activities: | ||
| Interest earned on marketable securities held in Trust Account | ||
| Change in fair value of due to non-redeeming stockholders | ||
| Changes in operating assets and liabilities: | ||
| Prepaid expenses | ||
| Accrued expenses | ||
| Income taxes payable | ||
| 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| Cash withdrawn from Trust Account to pay franchise and income taxes | ||
| Cash withdrawn from Trust Account in connection with redemption | ||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: | ||
| Proceeds from promissory note - related party | ||
| Repayment of promissory note - related party | ||
| Payments to non-redeeming stockholders | ||
| Redemption of common stock | ||
| Net cash used in financing activities | ||
| Net Change in Cash | ||
| Cash – Beginning of period | ||
| Cash – End of period | ||
| Non-cash financing activities: | ||
| Change in value of Class A common stock subject to possible redemption | ||
| Excise taxes on stock redemption | ||
| Supplemental information | ||
| Income taxes paid |
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