Exhibit 99.1

Broad Capital Acquisition Corp.

Pro Forma Balance Sheet

	January 13,			Pro Forma
	2022			Adjustments				As Adjusted
				(unaudited)				(unaudited)
ASSETS:
Current Assets:
Cash	$	2,069		$	1,165,728		a.	$	1,034,454
					190		b.
					(133,533	)	c.
					1,590,690		d.
					47,721		e.
					(31,814	)	g.
					(1,606,597	)	i.
Prepaid expenses		36,900			-				36,900
Subscription receivable		1,165,728			(1,165,728	)	a.		-
Deferred offering costs associated with the initial public offering		-			31,814		g.		-
					(31,814	)	j.
Total Current Assets		1,204,697			(133,343	)			1,071,354
Cash and marketable securities held in Trust Account		101,000,000			1,606,597		i.		102,606,597
Total Assets	$	102,204,697		$	1,473,254				103,677,951
LIABILITIES AND STOCKHOLDERS’ DEFICIT:
Current Liabilities:
Promissory note – related party	$	133,533		$	(133,533	)	c.	$	-
Total Current Liabilities		133,533			(133,533	)			-
Deferred underwriting commission		3,500,000			55,674		h.		3,555,674
Total Liabilities		3,633,533			(77,859	)			3,555,674
Commitments and Contingencies
Common stock subject to possible redemption; 10,159,069 (at $10.10 per share)		101,000,000			1,590,690		d.		102,606,597
					15,907		f.
Stockholders’ Deficit:
Preferred Stock, $0.000001 par value; 1,000,000 shares authorized; none issued and outstanding		-			-				-
Common Stock, $0.000001 par value, 100,000,000 shares authorized; 3,321,358 issued and outstanding1 (excluding 10,159,069 shares subject to possible redemption)		4			0		e.		3
					(0	)	l.
Additional paid-in capital		-			47,721		e.		-
					(15,907	)	f.
					(55,674	)	h.
					(31,814	)	j.
					55,674		k.
Accumulated deficit		(2,428,840	)		190		b.		(2,484,324	)
					(55,674	)	k.
Total Stockholders’ Deficit		(2,428,836	)		(55,484	)			(2,484,320	)
Total Liabilities and Stockholders’ Deficit	$	102,204,697		$	1,473,254			$	103,677,951

Broad Capital Acquisition Corp.

Pro Forma Balance Sheet

(unaudited)

NOTE 1. CLOSING OF OVERALLOTMENT OPTION AND ADDITIONAL PRIVATE PLACEMENT

The accompanying unaudited Pro Forma Balance Sheet presents the Balance Sheet of Broad Capital Acquisition Corp. (the “Company”) as of January 13, 2022, adjusted for the closing of the underwriters’ partial exercise of its over-allotment option and related transactions which occurred on February 10, 2022, as described below.

The Company consummated its initial public offering (the “IPO”) of 10,000,000 units (the “Units”) on January 11, 2022, which closed on January 13, 2022. Each Unit consists of one share of common stock and one right to receive one-tenth (1/10) of one share of common stock upon the closing of a business combination.

In connection with the IPO, the underwriters were granted an option to purchase up to an additional 1,500,000 Units to cover over-allotments, if any. On February 10, 2022, the underwriters partially exercised the over-allotment option and purchased an additional 159,069 Units (the “Over-Allotment Units”), generating gross proceeds of $1,590,690 and forfeited the remainder of the option, which is 335,233 shares of common stock.

In connection with the closing and sale of the Over-Allotment Units and the additional Private Placement Units (together, the “Over-Allotment Closing”), a total of $1,606,596.90 in proceeds from the Over-Allotment Closing (which amount includes $31,813.80 of the Underwriters’ deferred discount) was placed in a U.S.-based trust account established for the benefit of the Company’s public shareholders, maintained by Continental Stock Transfer & Trust Company, acting as trustee.

Unaudited pro forma adjustments to reflect the partial exercise of the underwriters’ over-allotment option described above are as follows:

Pro forma entry		Debit		Credit
a.	Cash		1,165,728
	Subscription receivable				1,165,728
	To record transfer from escrow account back to operating account
b.	Cash		190
	Bank service fee				190
	To record bank service fee reversal
c.	Promissory Note		133,533
	Cash				133,533
	To record pay back of promissory note
d.	Cash		1,590,690
	Common stock subject to possible redemption				1,590,690
	To record sale of 159,069 Overallotment Units at $10.00 per Unit
e.	Cash		44,721
	Common Stock				0
	Additional paid-in capital				44,721
	To record sale of 4,472 Private Placement Units at $10.00 per unit
f.	Additional paid-in capital		15,907
	Common stock subject to possible redemption				15,907
	To record Accretion of redemption value at $10.10 per unit
g.	Deferred offering costs		31,814
	Cash				31,814
	To record payment of 2% of cash underwriting fee
h.	Additional paid-in capital		55,674
	Deferred underwriting commission				55,674
	To record the liability for 3% deferred underwriting fees on overallotment option
i.	Cash in Trust		1,606,597
	Cash				1,606,597
	To record the amount of Cash in Trust
j.	Additional paid-in capital		31,814
	Deferred offering costs				31,814
	To record transfer of deferred offering costs in APIC deficit
k.	Retained earnings		55,674
	Additional paid-in capital				55,674
	To record transfer of APIC deficit in Accumulated deficit
l.	Common Stock		0
	Additional paid-in capital				0
	To record forfeited shares due to partial over-allotment