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Consolidated Statement of Cash Flows
11 Months Ended
Dec. 31, 2023
USD ($)
Cash Flows from Operating Activities:  
Net loss $ (300,176)
Adjustments to reconcile net loss to net cash used in operating activities:  
Interest on marketable securities (966)
Change in fair value of derivative warrant liabilities (107,800)
Changes in operating assets and liabilities:  
Prepaid expenses 21,275
Accounts payable – related party 124,867
Accounts payable and accrued expenses 102,638
Net cash used in operating activities (160,162)
Cash Flows from Investing Activities:  
Investment in marketable securities (1,120,000)
Net cash used in investing activities (1,120,000)
Cash Flows from Financing Activities:  
Proceeds from reverse capitalization 1,225,222
Capital contribution from Members 12,500
Advances – related party 852
Proceeds from promissory note – related party 103,950
Net cash provided by financing activities 1,342,524
Net increase in cash 62,362
Cash, beginning of period
Cash, end of period 62,362
Non-Cash investing and financing activities:  
Liabilities assumed in Business Combination, net 1,672,216
Initial recognition of forward purchase agreement (2,608,141)
Conversion of units to Class B Common Stock $ 430