What changed in this filing

/stocks — the workspaceLOADING

Item 2. Unregistered Sales of Equity Securities

2022-11-22 compared with 2022-05-25 · 22 added, 19 removed, 15 unchanged (73% of the section changed)

2 unchanged sentences

(including the issuance of 1,125,000 Units as a result of the underwriter’s full exercise of the over-allotment option).

consists of one ordinary share (“Ordinary Share”), one warrant (“Warrant”) entitling its holder to purchase one-half

consisted of one ordinary share (“Ordinary Share”), one warrant (“Warrant”) entitling its holder to purchase one-half

of one Ordinary Share at a price of $11.50 per whole share, and one right to receive one-tenth (1/10) of an Ordinary Share upon the consummation

6 unchanged sentences

24, 2021 were placed in a trust account established for the benefit of the Company’s public stockholders.

Private Units are identical to the units sold in the IPO except with respect to certain registration rights and transfer restrictions.

The holders of the Private Units have agreed (A) to vote the private shares underlying the Private Units (the “Private Shares”)

and any public shares acquired by them in favor of any proposed business combination, (B) not to propose, or vote in favor of, an amendment

to our certificate of incorporation that would affect the substance or timing of our obligation to redeem 100% of our public shares if

we do not complete our initial business combination by November 23, 2022 (or May 23, 2023, as applicable), unless we provide our public

stockholders with the opportunity to redeem their ordinary shares upon approval of any such amendment at a per-share price, payable in

cash, equal to the aggregate amount then on deposit in the trust account, including interest earned on the funds held in the trust account

and not previously released to us to pay our franchise and income taxes, divided by the number of then outstanding public shares, (C)

not to convert any shares (including the Private Shares) into the right to receive cash from the trust account in connection with a stockholder

vote to approve our proposed initial business combination (or sell any shares they hold to us in a tender offer in connection with a

proposed initial business combination) or a vote to amend the provisions of our certificate of incorporation relating to the substance

or timing of our obligation to redeem 100% of our public shares if we do not complete our initial business combination by November 23,

2022 (or May 23, 2023, as applicable) and (D) that the Private Shares shall not be entitled to be redeemed for a pro rata portion of

the funds held in the trust account if a business combination is not consummated.

Additionally, our insiders (and/or their designees)

have agreed not to transfer, assign or sell any of the private units or underlying securities (except to the same permitted transferees

as the insider shares and provided the transferees agree to the same terms and restrictions as the permitted transferees of the insider

shares must agree to, each as described above) until the completion of our initial business combination.

The Private Units are identical to the units sold

in the IPO except with respect to certain registration rights and transfer restrictions.

The holders of the Private Units agreed (A) to

vote the private shares underlying the Private Units (the “Private Shares”) and any public shares acquired by them in favor

of any proposed Initial Business Combination, (B) not to propose, or vote in favor of, an amendment to our certificate of incorporation

that would affect the substance or timing of our obligation to redeem 100% of our public shares if we did not complete an Initial Business

Combination by November 23, 2022 (or May 23, 2023, as applicable), unless we provided our public stockholders with the opportunity to

redeem their ordinary shares upon approval of any such amendment at a per-share price, payable in cash, equal to the aggregate amount

then on deposit in the trust account, including interest earned on the funds held in the trust account and not previously released to

us to pay our franchise and income taxes, divided by the number of then outstanding public shares, (C) not to convert any shares (including

the Private Shares) into the right to receive cash from the trust account in connection with a stockholder vote to approve a proposed

Initial Business Combination (or sell any shares they hold to us in a tender offer in connection with a proposed Initial Business Combination) or a vote to amend the provisions of our certificate of incorporation relating to the substance or timing of our obligation to redeem

100% of our public shares if we did not complete an Initial Business Combination by November 23, 2022 (or May 23, 2023, as applicable)

and (D) that the Private Shares shall not be entitled to be redeemed for a pro rata portion of the funds held in the trust account if

an Initial Business Combination were not consummated.

Additionally, our insiders (and/or their designees) agreed not to transfer, assign

or sell any of the private units or underlying securities (except to the same permitted transferees as the insider shares and provided

the transferees agree to the same terms and restrictions as the permitted transferees of the insider shares must agree to, each as described

above) until the completion of an Initial Business Combination.

On November 17, 2022, the Company completed the Business Combination with

EUDA Health Limited.

paid a total of $1,725,000, in underwriting discounts and commissions (not including the 3.5% deferred underwriting commission payable

3 unchanged sentences

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-Q

Item 2. Unregistered Sales of Equity Securities