Company Formation and IPO - The company was incorporated in the Cayman Islands on March 1, 2021, for the purpose of effecting a merger or similar business combination[89]. - The Initial Public Offering (IPO) was consummated on October 18, 2022, generating gross proceeds of $66,000,000 from the sale of 6,600,000 units[93]. - A private placement of 394,000 units was completed simultaneously, generating total proceeds of $3,940,000[94]. - Following the IPO, $67,320,000 was placed in the Trust Account, which may be invested in U.S. government securities or money market funds[95]. Financial Position and Expenses - The company expects to incur increased expenses post-IPO due to public company compliance and due diligence on business combination candidates[90]. - Estimated primary liquidity requirements include $355,000 for legal and accounting expenses and $345,000 for working capital[99]. - The company does not have any long-term debt obligations or capital lease obligations[105]. - Deferred offering costs amounted to $256,745 as of September 30, 2022[113]. - The company did not incur any expenses for the three and nine month periods ended September 30, 2022[91]. Going Concern - There is substantial doubt about the company's ability to continue as a going concern within one year after the financial statements are issued[103].