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New words:
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Removed:
amortized, appointed, audit, backstop, bifurcation, chain, Chairman, charter, Cohen, complex, complying, context, cost, Daniel, deficiency, delay, detected, effectively, effectuate, effort, eligible, expanded, expend, expended, firm, forward, improve, improvement, increasingly, Island, liquidated, literature, long, member, misstatement, owed, partner, performed, Peter, point, posteffective, preferred, Recanati, removing, resignation, resigned, restriction, role, Roy, separation, Subtopic, supply, technical, thirty, unusual, Zisapel
Financial report summary
?Management Discussion
- As of March 31, 2024, we had not commenced any operations. All activity from inception through March 31, 2024 relates to our formation and initial public offering (the “Initial Public Offering”), and, since the completion of the Initial Public Offering, our search for a target to consummate a business combination. We will not generate any operating revenues until after the completion of an initial business combination, at the earliest. We will generate non-operating income in the form of interest and dividend income from the proceeds derived from the Initial Public Offering and placed in a U.S.-based trust account (the “Trust Account”). We expect to incur increased expenses as a result of being a public company (for legal, financial reporting, accounting and auditing compliance), as well as for due diligence expenses.