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FY2023
12 months to Dec 31, 2023
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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: | |
| Unrealized gain on marketable securities held in Trust Account | |
| Deferred tax provision | |
| Changes in operating assets and liabilities: | |
| Prepaid expenses | |
| Accrued expenses | |
| Franchise tax payable | |
| Related party payable - administrative fee | |
| Net cash used in operating activities | |
| Cash Flows from Investing Activities: | |
| Investment of cash into Trust Account | |
| Net cash used in investing activities | |
| Cash Flows from Financing Activities: | |
| Proceeds from sale of Units, net of underwriting discounts paid | |
| Proceeds from sale of Private Placements Warrants | |
| Proceeds from promissory note - related party | |
| Payment of offering costs | |
| Net cash provided by financing activities | |
| Net Changes in Cash | |
| Cash - Beginning of period | |
| Cash - End of period | |
| Non-cash investing and financing activities: | |
| Deferred offering costs included in accrued offering costs | |
| Issuance of representative shares | |
| Initial classification of Class A common stock subject to possible redemption | |
| Accretion of additional paid in capital to accumulated deficit | |
| Change in value of Class A common stock subject to possible redemption | |
| Deferred underwriting fee payable | |
| Conversion of due to Sponsor to promissory note – related party | |
| Forfeiture of Founder Shares |
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