1 unchanged sentence
As of December 31, 2023, we were not subject to any market or interest rate risk.
−Removed: Following the consummation of our Initial Public Offering, the net proceeds of our Initial Public Offering, including amounts in the Trust Account, were invested in U.S.
+Added: Following the consummation of our Initial Public Offering, the net proceeds of our IPO, including amounts in the Trust Account, were invested in U.S.
government treasury bills with a maturity of 185 days or less or in money market funds meeting certain conditions under Rule 2a-7 under the Investment Company Act which invest only in direct U.S.
government treasury obligations.
+Added: As of December 31, 2023 investments held in Trust Account consisted of interest bearing demand deposits.
Due to the short-term nature of these investments, we believe there will be no associated material exposure to interest rate risk.
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.