|9 Months Ended|
Sep. 30, 2022
Note 9 — Subsequent Events
The Company evaluated subsequent events and transactions that occurred after the balance sheet date through the date that the unaudited condensed consolidated financial statements were available to be issued.
The Company did not identify any subsequent events, other than listed below, that would have required adjustment or disclosure in the unaudited condensed consolidated financial statements.
On October 25, 2022 the Company issued an unsecured promissory note (“the Note”) to the Sponsor, pursuant to which the Company borrowed the maximum of $300,000 from the Sponsor for transaction costs reasonably related to the consummation of the Business Combination. The Note bears no interest and all unpaid principal under the Note will be due and payable in full the earlier of (i) August 2, 2023 and (ii) the consummation of the Business Combination.
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.
Reference 1: http://www.xbrl.org/2003/role/disclosureRef