v3.22.2.2
Statement of Cash Flows (Unaudited)
9 Months Ended
Aug. 31, 2022
USD ($)
Cash flows from operating activities:  
Net income $ 176,423
Adjustments to reconcile net loss to net cash used in operating activities:  
Interest earned on marketable securities held in Trust Account (478,319)
Changes in operating assets and liabilities:  
Accounts payable 66,338
Net cash used in operating activities (235,558)
Cash flows from investing activities:  
Investment of cash in Trust Account (116,725,000)
Net cash used in investing activities (116,725,000)
Cash flows from financing activities:  
Collection of subscription receivable 25,000
Proceeds from sale of Units, net of IPO costs 112,445,134
Proceeds from sale of private placement units 5,325,000
Repayment of promissory note – related party (177,876)
Net cash provided by financing activities 117,617,258
Net change in cash 656,700
Cash at the beginning of the period
Cash at the end of the period 656,700
Supplemental disclosure of non-cash investing and financing activities:  
Deferred underwriting fee payable 4,025,000
Initial Classification of Class A ordinary shares subject to redemption 117,203,319
Deferred offering costs paid for by Promissory note – related party $ 71,881