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Financial report summary
?Management Discussion
- Our entire activity since inception up to December 31, 2022 relates to our formation, the Initial Public Offering and, since the closing of the Initial Public Offering, a search for a Business Combination candidate. We will not be generating any operating revenues until the closing and completion of our initial Business Combination, at the earliest.
- For the year ended December 31, 2022, we had a net income of $8,974,318, which included a gain from the change in fair value of warrant liabilities of $7,017,122 , a gain from change in fair value of convertible note of $88,161 and interest income of $3,319,450, partially offset by a loss from operations of $1,450,415.
- For the period from January 21, 2021 (inception) through December 31, 2021, we had a net income of $7,264,525, which included a gain from the change in fair value of warrant liabilities of $8,772,479 and interest income of $10,850, partially offset by a loss from operations of $970,204, and transaction costs of $548,600.