Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. senior Bad
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New words:
absence, abuse, appealing, avoidance, Biden, charter, content, Department, domestic, Eastern, excise, extension, flexibility, foreign, free, hand, hinder, imposed, incremental, Inflation, IR, payment, PIPE, President, prevent, publicly, reduction
Removed:
book, complex, consult, Depository, disclose, enhanced, implemented, remediation, resulted
Financial report summary
?Management Discussion
- We have neither engaged in any operations nor generated any revenues to date. Our only activities from September 29, 2020 (inception) through September 30, 2022 were organizational activities, those necessary to prepare for the Initial Public Offering, and identifying a target company for a Business Combination. We do not expect to generate any operating revenues until after the completion of our Business Combination. We generate non-operating income in the form of interest income on investments held in the Trust Account. We incur expenses as a result of being a public company (for legal, financial reporting, accounting and auditing compliance), as well as for due diligence expenses.
- For the three months ended September 30, 2022, our net income of $1,417,493 principally consists of the change in the fair value of our warrant liabilities of $780,975 and interest earned on investments held in the Trust Account of $1,102,594, partially offset by general and administrative expenses of $202,697 and provision for income taxes of $263,379.
- For the three months ended September 30, 2021, our net income of $2,933,501 principally consists of the change in the fair value of our warrant liabilities of $3,151,300 and interest earned on investments held in the Trust Account of $6,302, partially offset by general and administrative costs of $224,101.