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Balance Sheets

In millions of USD, except per-share amounts
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
Current Assets
Cash
Due from Sponsor
Related Party
Total due from Sponsor
Prepaid expenses
Total Current Assets
Trust account
Deferred offering costs
Trust account
Total Assets
Current Liabilities
Accounts payable and accrued expenses
Accrued offering costs
Advances from related party
Related party payable – administrative fee
Promissory note – related party
Franchise tax payable
Income tax payable
Total Current Liabilities
Deferred tax liability
Deferred underwriting fee payable
Total Liabilities
Class A common stock subject to possible redemption, $0.0001 par value; 100,000,000 shares authorized; 7,500,000 shares issued and outstanding (at redemption value of $10.36 and $10.25) at March 31, 2024 and December 31, 2023, respectively
Stockholders’ Deficit
Common stock value
Class A Common Stock
Class B Common Stock
Additional paid in capital
Accumulated deficit
Total Stockholders’ Deficit
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT

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