XML 40 R25.htm IDEA: XBRL DOCUMENT v3.24.4
Organization and Nature of Operations (Tables)
12 Months Ended
Jun. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Summary of Business Combination Transactions

 

 

August 28, 2023

 

 

 

$

 

Cash - PNAC trust and cash, net of redemptions

 

 

24,029,660

 

Less: Combined company transaction costs

 

 

(755,872

)

Net cash proceeds from Business Combination

 

 

23,273,788

 

Less: Prepayment amount pursuant to Forward Purchase Transaction

 

 

(21,299,979

)

Less: Forward Purchase Transaction share consideration reimbursement and trading commissions

 

 

(1,201,348

)

Cash proceeds, net of Forward Purchase Transaction Prepayment Amount

 

 

772,461

 

As at June 30, 2024, subsidiaries of the Company include the following entities:

 

Entity

 

Date of incorporation

 

Place of incorporation

 

Ownership

 

Principal activities

Prime Number New Sub Pte. Ltd.

 

January 25, 2023

 

Singapore

 

100% owned by the Company

 

Dormant

noco-noco Pte. Ltd.

 

July 25, 2019

 

Singapore

 

100% owned by Prime Number New Sub Pte. Ltd.

 

Principally engaged in providing platform-solutions of decarbonizing offerings

noco-noco Australia Pty. Ltd. ("noco-noco Australia")

 

January 19, 2023

 

Australia

 

52% owned by noco-noco Pte. Ltd.

 

Dormant

Summary of Subsidiaries

As at June 30, 2024, subsidiaries of the Company include the following entities:

 

Entity

 

Date of incorporation

 

Place of incorporation

 

Ownership

 

Principal activities

Prime Number New Sub Pte. Ltd.

 

January 25, 2023

 

Singapore

 

100% owned by the Company

 

Dormant

noco-noco Pte. Ltd.

 

July 25, 2019

 

Singapore

 

100% owned by Prime Number New Sub Pte. Ltd.

 

Principally engaged in providing platform-solutions of decarbonizing offerings

noco-noco Australia Pty. Ltd. ("noco-noco Australia")

 

January 19, 2023

 

Australia

 

52% owned by noco-noco Pte. Ltd.

 

Dormant