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results reflected general and administrative costs, with quarterly income tied to a reversal of an accrual.Subsequent to quarter-end, it raised USD 110 million in gross IPO proceeds from 11,000,000 units priced at USD 10 and added USD 1,917,500 via a private placement.Following the IPO, cash held outside the trust account totaled USD 819,520, with a working capital surplus of USD 797,965.Management flagged substantial doubt about going concern if it fails to complete a business combination before mandatory liquidation.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. 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