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absolute, committed, drawn, flexibility, maximum, objective, put, structural
Financial report summary
?Management Discussion
- As of September 30, 2023, we had not commenced any operations. All activity for the three and nine months ended September 30, 2023 relates to our formation and IPO. We will not generate any operating revenues at the earliest until after the completion of our initial Business Combination. We will generate non-operating income in the form of interest income on cash and cash equivalents from the proceeds derived from our IPO. We have selected December 31 as our fiscal year end.
- For the three months ended September 30, 2023, we had a net income of $1,244,832, which consisted of interest earned on trust account of $2,106,298, offset by formation and operating costs $861,466.
- For the nine months ended September 30, 2023, we had a net income of $3,674,012, which consisted of interest earned on trust account of $5,701,602, offset by formation and operating costs $2,027,590.