Financial Performance - As of September 30, 2022, the company reported a net loss of $1,348,845 for the three months ended, with formation and operating costs amounting to $2,407,767, offset by interest income of $1,058,906 from marketable securities [127]. - For the nine months ended September 30, 2022, the company had a net loss of $4,274,946, consisting of formation and operating costs of $5,674,326, with interest income from marketable securities totaling $1,399,325 [128]. - The company has not engaged in any operations or generated revenues to date, with all activities focused on organizational tasks and preparing for the IPO [126]. Cash and Working Capital - The company had cash of $85,969 and a working capital deficit of $4,389,396 as of September 30, 2022, following the IPO which provided $2,800,472 in cash available [129]. - As of September 30, 2022, the company held $85,969 in cash outside of the Trust Account, which may not be sufficient to operate for at least the next 12 months if a Business Combination is not consummated [137]. - The company has $1,450,000 of proceeds available outside the trust account, primarily for identifying and evaluating target businesses and performing due diligence [135]. IPO and Business Combination - The company completed its IPO on October 29, 2021, raising a total of $236,050,000, with $234,600,000 deposited into a non-interest-bearing trust account [132]. - The company has until January 29, 2023, to complete its initial Business Combination, or it will cease operations and redeem public shares [119]. - The company has until January 29, 2023, to consummate a Business Combination, after which mandatory liquidation may occur if not completed [140]. - The company anticipates using substantially all funds in the trust account for the initial business combination, with remaining proceeds allocated for working capital and growth strategies [134]. Expenses and Financial Obligations - The company expects to incur increased expenses as a result of being a public company, particularly for legal, financial reporting, and due diligence expenses [126]. - The company has incurred transaction costs of $16,664,843 related to the IPO, including $3,173,059 in underwriting commissions [116]. - The company issued an unsecured promissory note to the Sponsor for up to $500,000, which can be converted into Class A ordinary shares at a price of $10.00 per share [133]. - The company has agreed to reimburse the sponsor for office space and administrative services at a rate of $10,000 per month [146]. Ownership and Equity - The company’s sponsor, officers, and directors collectively own approximately 25% of the issued and outstanding shares after the IPO [145]. - Ordinary shares subject to possible redemption are classified as temporary equity due to certain redemption rights considered outside of the company's control [157]. - The company applies the two-class method for calculating net income (loss) per ordinary share, dividing pro rata net income between redeemable and non-redeemable ordinary shares [158]. - The diluted income (loss) per share calculation excludes the effect of IPO-related warrants as their exercise is contingent on future events, making their inclusion anti-dilutive [158]. Regulatory and Reporting Requirements - The company is required to register the offer and sale of certain securities under the Securities Act, allowing holders to make up to three demands for registration [152]. - The company may rely on reduced reporting requirements under the JOBS Act, which could affect the comparability of its financial statements with non-emerging growth companies [155]. - Management does not anticipate that recently issued accounting standards will materially affect the company's financial statements [159]. - There are no applicable quantitative and qualitative disclosures about market risk for the company [160]. Tax Implications - The company is subject to a new 1% excise tax on stock repurchases effective January 1, 2023, which may impact cash available for Business Combinations [124]. - The company has no long-term debt or off-balance sheet financing arrangements as of September 30, 2022 [141].

Financial Performance - As of June 30, 2022, the company reported a net loss of $162,106 for the three months ended, primarily due to formation and operating costs of $478,919, offset by interest income of $316,813[111]. - For the six months ended June 30, 2022, the company had a net loss of $2,926,101, consisting of formation and operating costs of $3,266,559, with interest income totaling $340,458[112]. - The company has not generated any operating revenues to date and will only do so after completing a Business Combination[110]. - The company expects to incur increased expenses as a public company, particularly for legal and compliance costs, as well as due diligence expenses[110]. - The company has a liquidity condition that raises substantial doubt about its ability to continue as a going concern for the next year[118]. Capital Structure - The company raised $234,600,000 from the IPO, which was deposited into a Trust Account, with funds invested in U.S. government treasury obligations[106]. - The company incurred transaction costs of $16,664,843 related to the IPO, including $3,173,059 in underwriting commissions[104]. - The company intends to use substantially all funds in the Trust Account to complete its initial Business Combination and may withdraw interest to pay taxes[115]. - The company received a loan of up to $300,000 from its sponsor for IPO expenses, with no borrowings under the promissory note as of June 30, 2022[122][126]. - The sponsor paid $25,000 for offering costs in exchange for 7,187,500 founder shares, resulting in a purchase price of approximately $0.003 per share[123]. - The company’s initial shareholders collectively own approximately 25% of the issued and outstanding shares after the IPO[123]. - The sponsor, Cantor, and CCM purchased 1,060,000 Class A ordinary shares at a price of $10.00 per share in a private placement, totaling $10,060,000[128]. Business Combination and Future Plans - The company has until January 29, 2023, to complete a Business Combination, after which it will face mandatory liquidation if unsuccessful[119]. Accounting and Reporting - The company is classified as an "emerging growth company" under the JOBS Act, allowing it to delay the adoption of new accounting standards[130]. - The company accounts for ordinary shares subject to possible redemption as temporary equity, adjusting the carrying value to equal the redemption value at each reporting period[133]. - The net loss per ordinary share is calculated using the two-class method, with the diluted loss per share not considering the effect of warrants issued in connection with the IPO[135]. - The company is currently assessing the impact of ASU 2020-06, effective January 1, 2024, on its financial position and results of operations[136]. Financial Position - The company had cash of $587,576 and a working capital deficit of $2,114,704 as of June 30, 2022, following the IPO which provided $2,800,472 in cash[113]. - As of June 30, 2022, the company had no off-balance sheet financing arrangements or long-term debt obligations[120][121].

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to INNOVATIVE INTERNATIONAL ACQUISITION CORP. (Exact name of registrant as specified in its charter) Cayman Islands 001-40964 98-1630742 (Commi ...

☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) For the transition period from to Commission file number: 001-40964 Innovative International Acquisition Corp. (Exact name of registrant as specified in its charter) | Cayman Isla ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) Dana Point, CA, 92629 (Address of Principal Executive Offices, including zip code) (805) 907-0597 ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to INNOVATIVE INTERNATIONAL ACQUISITION C ...