v3.24.1.1.u2
Reverse Acquisition (Tables)
 12 Months Ended
Dec. 31, 2023
Disclosure of detailed information about business combination [abstract]  
Fair Value of Net Assets
     (Unit: USD)  
Fair value of net assets of Captivision comprising:
   
USD
  
Cash and cash equivalents
      3,005,606  
Warrants Liabilities
      (1,513,761 ) 
  
 
 
  
Fair value of net assets
   
 
1,491,845
 
Less : Fair value of consideration comprising 11,870,336 Captivision Inc. Conversion of shares in connection with the SPAC merger (*)
      20,228,171  
  
 
 
  
Reverse Acquisition Expense recognized in Consolidated Statement of Profit and Loss
      18,736,326  
  
 
 
  
 
(*)
Captivision Inc. Conversion of shares in connection with the SPAC merger are as follows:
 
Shareholders
   
Shares (A)
     
Price per

shares (B)
     
Total

Value (C = A x B)
  
Former JGGC Shareholders (*)
      11,708,336        1.70        19,904,171  
Cohen and Outside the Box (**)
      162,000        2.00        324,000  
  
 
 
        
 
 
  
Total
   
 
11,870,336
 
      
 
20,228,171
 
  
 
 
        
 
 
  
 
(*)
Price per share was applied as the closing price of Captivision Share price on November 15, 2023.
(**)
Price per share was applied as Volume Weighted Average Price (“VWAP”) ($2.00) according to
F-1/A.
Summary of Exceptional Costs
The exceptional costs within the Consolidated Statement of Profit and Loss for the year ended December 31, 2023, comprised:
 
     (Unit: USD)  
    
2023
  
Reverse acquisition expense
      18,736,326  
Nasdaq listing expenses
      26,884,034  
  
 
 
  
Total
   
 
45,620,360