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Coll. sophomore Bad
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New words:
accelerate, adjournment, appealing, arise, ASU, beginning, Biden, calendar, Charter, Department, doubt, excise, fail, free, hinder, improbable, Inflation, mail, mandatory, Notwithstanding, preliminary, President, publicly, repurchased, upcoming, Update
Removed:
accrue, continuing, fully, June, NaN, work
Financial report summary
?Risks
- Changes in laws or regulations, or a failure to comply with any laws and regulations, may adversely affect our business, including our ability to negotiate and complete our initial business combination, and results of operations.
Management Discussion
- respectively. Our business activities during the quarter mainly consisted of identifying and evaluating prospective acquisition candidates for a Business Combination. We believe that we have sufficient funds available to complete our efforts to effect a Business Combination with an operating business by February 25, 2023. However, if our estimates of the costs of identifying a target business, undertaking in-depth due diligence and negotiating a Business Combination are less than the actual amount necessary to do so, we may have insufficient funds available to operate our business prior to our Business Combination.
- As indicated in the accompanying unaudited financial statements, at September 30, 2022, we had $1,081,223 in cash and deferred offering costs of $19,250,000. Further, we expect to continue to incur significant costs in the pursuit of our acquisition plans. We cannot assure you that our plans to complete our Business Combination will be successful.