Power Digital Infrastructure Acquisition II Corp
For the period ended Dec 31, 2023. Filed Mar 11, 2024.
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FY2023 · Filed Mar 11, 2024
AIRJ$2.58+8.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| Assets: | ||
| Current assets: | ||
| Cash | $59,167 | $1,287,986 |
| Prepaid expenses | — | 284,405 |
| Total current assets | 59,167 | 1,572,391 |
| Investments held in Trust Account | 114,641,527 | 294,395,846 |
| Total Assets | $114,700,694 | $295,968,237 |
| Liabilities, Class A Common Stock Subject to Possible Redemption and Stockholders’ Deficit: | ||
| Current liabilities: | ||
| Accounts payable | $695,515 | $267,297 |
| Accrued expenses | 5,737,714 | 660,491 |
| Advance from related party | 900,000 | — |
| Excise tax payable | 1,881,321 | — |
| Income tax payable | 171,836 | 802,367 |
| Franchise tax payable | 124,250 | 72,289 |
| Total current liabilities | 9,510,636 | 1,802,444 |
| Deferred underwriting commissions | 6,037,500 | 10,062,500 |
| Total Liabilities | 15,548,136 | 11,864,944 |
| Commitments and Contingencies | ||
| Class A common stock; 10,608,178 and 28,750,000 shares subject to possible redemption at $10.76 and $10.20 per share as of December 31, 2023 and 2022, respectively | 114,128,755 | 293,293,429 |
| Stockholders’ Deficit: | ||
| Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding | — | — |
| Class A common stock, $0.0001 par value; 500,000,000 shares authorized; no non-redeemable shares issued or outstanding (excluding 10,608,178 and 28,750,000 shares subject to possible redemption as of December 31, 2023 and 2022, respectively) as of December 31, 2023 and 2022 | — | — |
| Class B common stock, $0.0001 par value; 50,000,000 shares authorized; 7,187,500 shares issued or outstanding as of as of December 31, 2023 and 2022 | 719 | 719 |
| Additional paid-in capital | — | — |
| Accumulated deficit | (14,976,916) | (9,190,855) |
| Total stockholders’ deficit | (14,976,197) | (9,190,136) |
| Total Liabilities, Class A Common Stock Subject to Possible Redemption and Stockholders’ Deficit | $114,700,694 | $295,968,237 |
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