QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET
−Removed: The net proceeds of our IPO and a portion of the proceeds of our concurrent
−Removed: sale of Private Placement Warrants are held in a Trust Account invested in cash or U.S.
−Removed: Government Treasury obligations with a maturity
−Removed: of 185 days or less or in money market funds meeting certain conditions under Rule 2a-7 under the Investment Company Act of 1940, as amended,
−Removed: and which invest only in direct U.S.
+Added: The net proceeds of our Public Offering and a portion of the proceeds
+Added: of our concurrent sale of Private Placement Warrants are held in a Trust Account invested in cash or U.S.
Government Treasury obligations
+Added: 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
+Added: of 1940, as amended, and which invest only in direct U.S.
+Added: Government Treasury obligations.
On January 11, 2023, we liquidated the U.S.
−Removed: government treasury
−Removed: obligations or money market funds held in the Trust Account.
−Removed: The funds in the Trust Account will be maintained in cash in an interest-bearing
−Removed: demand deposit account at a bank until the earlier of our initial Business Combination and our liquidation.
−Removed: Interest on such deposit account
−Removed: is currently approximately 4.5% per annum, but such deposit account carries a variable rate, and we cannot assure you that such rate will
−Removed: not decrease or increase significantly.
+Added: government treasury obligations or money market funds held in the Trust Account.
+Added: The funds in the Trust Account will be maintained in
+Added: cash in an interest-bearing demand deposit account at a bank until the earlier of our initial Business Combination and our liquidation.
+Added: Interest on such deposit account is currently approximately 4.5% per annum, but such deposit account carries a variable rate, and we cannot
+Added: assure you that such rate will not decrease or increase significantly.
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.