Initial Public Offering (Tables)

12 Months Ended

Jul. 31, 2022

Initial Public Offering

Ordinary Shares Subject to Possible Redemption

As of July 31, 2022, the ordinary shares subject to redemption reflected on the balance sheets are reconciled in the following table:

Gross proceeds from public issuance	$	86,250,000
Less:
Proceeds allocated to pubic warrants and public rights		(9,979,125	)
Redeemable ordinary shares issuance costs		(5,196,868	)
Plus:
Accretion of carrying value to redemption value (Deemed dividend)		14,695,090
Ordinary shares subject to possible redemption	$	85,769,097