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New words:
adequate, adverse, appointed, Black, California, critical, FDIC, formal, fully, Innovation, joint, meaningful, produce, Reserve, Revenue, scope, Silicon, SVB, uninsured, Valley, vendor, war
Removed:
assuming, classify, country, economic, Federation, immaterial, instituted, military, quantitative, recognize, Russian, Ukraine, world
Financial report summary
?Management Discussion
- Our entire activity since inception up to March 31, 2023 was in preparation for our Initial Public Offering and since the Initial Public Offering, our search for prospective Business Combination. We will not generate any operating revenues until the closing and completion of our initial Business Combination. We generate non-operating income in the form of investment income from our investments held in the Trust Account. We expect to incur increased expenses as a result of being a public company (for legal, financial reporting, accounting and auditing compliance), as well as for due diligence expenses.