Content analysis
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New words:
affirmative, annually, auditor, beneficial, CEO, Certifying, choose, comparable, consolidated, Consumer, correlation, defense, disaggregation, employee, established, foreign, individual, instruction, lease, local, median, method, newly, nondeductible, nontaxable, objective, Oversight, participation, percent, pertaining, publicly, quantitative, rate, reconciliation, Reform, relax, relevant, retrospective, rotation, satisfy, scope, simplify, Street, supplement, system, Wall, whichever
Removed:
carried, design, ensure, operation, submitted
Financial report summary
?Management Discussion
- We have neither engaged in any operations nor generated any revenues to date. Our only activities for the three months ended March 31, 2024 were organizational activities, those necessary to prepare for our Initial Public Offering, described below, and those related to the search for a potential business combination target. We do not expect to generate any operating revenues until after the completion of our initial business combination. 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 March 31, 2024, we had net income of $1,413,829, which resulted from operating costs of $163,825, offset by a gain on investments held in the Trust Account of $1,573,981 and dividend income of $3,673.
- For the three months ended March 31, 2023, we had a net loss of $221, which resulted from operating costs of $221.