A SPAC I Acquisition : INDEX TO UNAUDITED PRO FORMA FINANCIAL STATEMENT - Form 8-K

INDEX TO UNAUDITED PRO FORMA FINANCIAL STATEMENT

Unaudited Pro Forma Balance Sheet as of February 17, 2022

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A SPAC I ACQUISITION CORP.

PRO FORMA BALANCE SHEET

		February17,			Pro Forma Adjustments			As Adjusted
		2022			(Unaudited)			(Unaudited)
Assets
Cash		$	1,025,000			$	-			$	1,025,000
Prepaid expense			281,405				-				281,405
Total current assets			1,306,405				-				1,306,405
Cash held in trust account			60,600,000				-				60,600,000
Total Assets		$	61,906,405			$	-			$	61,906,405
Liabilities, Shares Subject to Redemption and Shareholders' Deficit
Accrued offering costs and expenses		$	278,113			$	-			$	278,113
Due to related party			95,774				-				95,774
Over-allotment option liability			62,985								62,985
Promissory note - related party			400,000				-				400,000
Total current liabilities			836,872				-				836,872
Deferred underwriting fee payable			2,100,000				-				2,100,000
Total Liabilities			2,936,872				-				2,936,872
Commitments and Contingencies
Class A ordinary shares subject to possible redemption, 6,000,000 shares at accretion carrying value with redemption value of $10.10 per share			60,600,000				(11,235,653	)			49,364,347
Shareholders' (Deficit) Equity
Preference shares, no par value; 1,000,000 shares authorized; none issued and outstanding			-				-				-
Class A ordinary shares, no par value; 100,000,000 shares authorized; 1,794,000 issued and outstanding (excluding 6,900,000 subject to possible redemption) (1)			-				-				-
Class B ordinary shares, no par value; 100 shares authorized; one share issued and outstanding			-				-				-
Additional paid-in capital			-				9,620,701				9,620,701
Accumulated deficit			(1,630,467	)			1,614,952				(15,515	)
Total Shareholders' (Deficit) Equity			(1,630,467	)			-				9,605,186
Total Liabilities, Shares Subject to Redemption, and Shareholders' (Deficit) Equity		$	61,906,405			$	-			$	61,906,405

(1)

Includes an aggregate of up to 225,000 Class A ordinary shares subject to forfeiture if the over-allotment option is not exercised in full or in part by the underwriter.

(2)

Shares have been retroactively restated to reflect a share repurchase and subscription. On June 7, 2021, we issued 2,875,000 Class B ordinary shares to our sponsor for an aggregate purchase price of $25,000 or approximately $0.01 per share. On July 19, 2021, 2,874,999 Class B ordinary shares were repurchased and cancelled at an aggregate repurchase price of $25,000 or approximately $0.01 per share, resulting in one Class B ordinary share in issue after the repurchase. On the same day, we issued 2,300,000 Class A ordinary shares to our sponsor for an aggregate purchase price of $25,000, or approximately $0.01 per share. Subsequently, on January 14, 2022, our sponsor surrendered for no consideration and we canceled 575,000 of such Class A ordinary shares, resulting in 1,725,000 Class A ordinary shares remaining outstanding.

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