Ownership / Bukit Jalil Global Acquisition 1 Ltd | Tables in SEC filings

BUJAR Bukit Jalil Global Acquisition 1 Ltd

Quarterly report

	For the Nine Months Ended September 30 2024		For the Nine Months Ended September 30, 2023

Cash Flows from Operating Activities:
Net Income	$	1,099,944	$	354,026
Adjustments to reconcile net loss to net cash used in operating activities:
Dividend income on investments held in Trust		(2,015,165)		(735,583)
Share-Based compensation expense		-		125,350
Changes in operating assets and liabilities:
Other receivable		-		70,278
Prepaid expenses		57,267		(127,525)
Due to related party payable		(8,152)		-
Other payable and accrued expenses		90,509		(118,185)
Net Cash (Used In) Operating Activities		(775,597)		(431,639)

Cash Flows from Investing Activities:
Purchase of investments held in Trust Account		-		(58,362,500)
Proceeds from sale of investments in the Trust Account		30,153,550
Proceeds form promissory note - related party		-		-
Payment on promissory note - related party		-		-
Monthly extension fee deposited into Trust Account		(400,000)		-
Net Cash Provided by (Used In) Investing Activities		29,753,550		(58,362,500)

Cash Flows from Financing Activities:
Proceeds from sale of public units through public offerings, net of underwriters’ discount		-		55,487,500
Proceeds from sale of private placement units		-		4,243,070
Ordinary shares redemption		(30,153,550)		-
Proceeds from issuance of extension loans to related party		400,000		168,135
Repayment of promissory note to related party		-		(433,508)
Proceeds from Sponsor Loan		696,000		15,438
Payment of offering costs		-		(331,388)
Net Cash (Used In) Provided by Financing Activities		(29,057,550)		59,149,247

Net Change in Cash		(79,597)		355,108

Cash, beginning of period		295,372		-
Cash, end of period	$	215,775	$	355,108

Supplemental Disclosure of noncash investing and financing activities:
Deferred offering costs included in accrued expenses	$	-	$	209,285
Deferred offering costs paid by promissory note	$	-	$	7,147
Deferred underwriter's discount	$	-	$	1,150,000
Reclassification of ordinary shares subject to redemption	$		$	52,350,300
Issuance of representative shares	$	-	$	817,500
Allocation of offering costs to ordinary shares subject to redemption	$	-	$	4,236,160
Accretion of ordinary shares subject to redemption value	$	7,772,500	$	3,108,561

	September 30, 2024		December 31, 2023
	(Unaudited)		(Audited)
ASSETS
Current assets
Cash	$	215,775	$	295,372
Prepaid expenses		44,417		101,684
Total current asset		260,192		397,056

Investments held in Trust Account		32,145,854		59,884,239
TOTAL ASSETS	$	32,406,046	$	60,281,295

Liabilities and Shareholders' (Deficit) Equity
Current Liabilities
Due to related party	$	30,524	$	38,676
Sponsor Loan		696,000		-
Extension loan - related party		400,000		-
Other payable and accrued expenses		209,430		118,920
Total Current Liabilities		1,335,954		157,596

Deferred underwriters' discount		1,150,000		1,150,000
Total Liabilities		2,485,954		1,307,596

Commitments and contingencies

Ordinary shares subject to possible redemption, 2,929,515 and 5,750,000 shares at as of September 30, 2024 and December 31, 2023, respectively		32,145,854		54,526,904

Shareholders'(Deficit) Equity :
Preference shares, $0.0001 par value, 10,000,000 shares authorized, none issued and outstanding as of September 30, 2024 and December 31, 2023, respectively
Ordinary shares, $0.0001 par value, 490,000,000 shares authorized, 2,011,807 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively (excluding 2,929,515 and 5,750,000 shares subject to possible redemption)		202		202
Additional paid-in capital		-		4,446,593
Accumulated deficit		(2,225,964)		-
Total Shareholder's (Deficit) Equity		(2,225,762)		4,446,795

Total Liabilities and Shareholders'(Deficit) Equity	$	32,406,046	$	60,281,295

	For the Nine Months Ended September 30, 2024
					Additional					Total Shareholder's
	Ordinary Shares					Paid-in		Accumulated			Equity
	Shares		Amount			Capital		Deficit			(Deficit)
Balance as of December 31, 2023 (Audited)		2,011,807	$	202		$	4,446,593	$	-		$	4,446,795
Accretion of ordinary share subject to redemption value		-		-			(2,846,887)		(548,461)			(3,395,348)
Net Income		-		-					548,461			548,461
Balance as of March 31, 2024 (Unaudited)		2,011,807		202			1,599,706		-			1,599,908
Accretion of ordinary share subject to redemption value		-		-			(1,599,706)		(1,933,246)			(3,532,952)
Net Income		-		-			-		551,806			551,806
Balance as of June 30, 2024 (Unaudited)		2,011,807		202			-		(1,381,440)			(1,381,238)
Accretion of ordinary share subject to redemption value		-		-			-		(844,201)			(844,201)
Net Loss		-		-			-		(323)			(323)
Balance as of September 30, 2024 (Unaudited)		2,011,807	$	202		$	-	$	(2,225,964)		$	(2,225,762)

	For the Nine Months Ended					For the Nine Months Ended
	September 30, 2024					September 30, 2023
			Non-					Non-
	Redeemable			Redeemable		Redeemable			Redeemable
	Ordinary			Ordinary		Ordinary			Ordinary
	Share			Share		Share			Share
Basic and diluted net income (loss) per share:
Numerators:
Allocation of net loss including carrying value to redemption value	$	(4,729,156)		$	(1,943,400)	$	(1,502,132)		$	(1,252,403)
Accretion of carrying value to redemption value		7,772,500			-		3,108,561			-
Allocation of net income/(loss)	$	3,043,344		$	(1,943,400)	$	1,606,429		$	(1,252,403)

Denominators:
Weighted-average shares outstanding		4,895,620			2,011,807		1,958,791			1,633,143
Basic and diluted net income/ (loss) per share	$	0.62		$	(0.97)	$	0.82		$	(0.77)

	September 30, 2024				December 31, 2023
	Level		Investment		Level		Investment

Assets:
Investments held in Trust Account		1		32,145,854		1		59,884,239
Total			$	32,145,854			$	59,884,239

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