AlphaVest Acquisition Corp
For the period ended Mar 31, 2024. Filed May 20, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 20, 2024
AMCI$1.05-4.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Unaudited Statements of Changes in Shareholders’ Equity (Deficit)
FOR THE THREE MONTHS ENDED MARCH 31, 2023
| Ordinary shares · Amount · Additional paid-in capital · Retained earnings (Accumulated deficit) · Total shareholders’ equity | ||||||
|---|---|---|---|---|---|---|
| Balance as of January 1, 2023 | 2,280,500 | $228 | $596,893 | $(42,578) | $554,543 | |
| Accretion for ordinary shares subject to redemption amount (interest income) | - | - | (596,893) | (244,326) | (841,219) | |
| Net income | - | - | - | 644,898 | 644,898 | |
| Balance as of March 31, 2023 | 2,280,500 | $228 | $ | - | $357,994 | $358,222 |
FOR THE THREE MONTHS ENDED MARCH 31, 2024
| Ordinary shares · Amount · Additional paid-in capital · Accumulated deficit · Total shareholders’ deficit | ||||||
|---|---|---|---|---|---|---|
| Balance as of January 1, 2024 | 2,280,500 | $228 | $ | - | $(325,050) | $(324,822) |
| Accretion for ordinary shares subject to redemption amount (interest income) | - | - | - | (586,164) | (586,164) | |
| Accretion for ordinary shares subject to redemption amount (extension deposit) | - | - | - | (55,000) | (55,000) | |
| Net income | - | - | - | 349,241 | 349,241 | |
| Balance as of March 31, 2024 | 2,280,500 | $228 | $ | - | $(616,973) | $(616,745) |
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