**
**Exhibit 15.2**

**UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL INFORMATION**

***Introduction***

The followingunaudited pro forma combined financial information is being provided to aid in the analysis of the financial aspects of the Proposed Transactions. The following has been prepared in accordance with Article 11 of Regulation S-X.

The unaudited pro forma condensed combined balance sheet as of June 30, 2023, combinesJGGC’s unaudited consolidated balance sheet as of June 30, 2023 with GLAAM’s unaudited consolidated statement of financial position as of June 30, 2023, giving effect to the Transactions, summarized below, as if they had beenconsummated as of June 30, 2023. 

The unaudited pro forma condensed combined statement of operations for the six months endedJune 30, 2023, combines JGGC’s unaudited consolidated statement of operations for the six months ended June 30, 2023 with GLAAM’s unaudited consolidated statement of comprehensive income for the six months ended June 30,2023, giving effect to the Transactions, summarized below, as if they had been consummated as of January 1, 2023, the beginning of the earliest period presented. 

The unaudited pro forma condensed combined balance sheet as of June 30, 2023, was derived from, and should be read in conjunction with,the following historical financial statements and the accompanying notes: 

 
 • 
JGGC’s unaudited consolidated balance sheet as of June 30, 2023; and 

 
 • 
GLAAM’s unaudited consolidated statement of financial position as of June 30, 2023.

The unaudited pro forma condensed combined statement of operations for the six months ended June 30, 2023, wasderived from, and should be read in conjunction with, the following historical financial statements and the accompanying notes: 

 
 • 
JGGC’s unaudited consolidated statement of operations for the six months ended June 30, 2023; and

 
 • 
GLAAM’s unaudited consolidated statement of comprehensive income for the six months ended June 30,2023. 

GLAAM’s unaudited historical consolidated financial statements have been prepared in accordance with IFRSand presented in U.S. Dollars. JGGC’s unaudited consolidated financial statements have been prepared in accordance with U.S. GAAP and presented in U.S. Dollars. JGGC’s unaudited consolidated financial information has been adjusted to giveeffect to the difference between U.S. GAAP and IFRS and for the purposes of the unaudited pro forma condensed combined financial information. Refer to Note 1 for further information. 

The unaudited pro forma condensed combined financial information has been presented for informational purposes only and is not necessarilyindicative of what the combined company’s financial condition or results of operations would have been had the Transactions been completed as of the dates indicated. The unaudited pro forma condensed combined financial information also may notbe useful in predicting the future financial condition and results of operations of the combined company. The actual financial position and results of operations may differ significantly from the pro forma amounts reflected herein due to a varietyof factors. 

 
1 

The unaudited pro forma adjustments and unaudited transaction accounting adjustments arebased on the information currently available. The assumptions and estimates underlying the unaudited proforma adjustments and unaudited transaction accounting adjustments are described in the accompanying notes. **Actual results may****differmaterially from the assumptions used to present the unaudited pro forma condensed****combined financial information. As the unaudited pro forma condensed****combined financial information has been prepared based on preliminary estimates, thefinal amounts recorded may differ materially from the information presented.** As a result, this unaudited pro forma condensed combined financial information should be read in conjunction with the historical financial information. 

***Basis of Pro Forma Presentation***

The adjustments presented in the unaudited pro forma condensed combined financial statements have been identified and presented to provide anunderstanding of the combined company upon consummation of the Transactions for illustrative purposes. 

The following unaudited pro formacondensed combined financial information has been prepared in accordance with Article 11 of Regulation S-X as amended by the final rule, Release No. 33-10786“Amendments to Financial Disclosures about Acquired and Disposed Businesses.” Release No. 33-10786 replaces the existing pro forma adjustment criteria with simplified requirements to depict theaccounting for the Transactions (“Transaction Accounting Adjustments”) and present the reasonably estimable synergies and other transaction effects that have occurred or are reasonably expected to occur (“Management’sAdjustments”). New PubCo, JGGC and GLAAM have elected not to present Management’s Adjustments and will only be presenting Transaction Accounting Adjustments in the following unaudited pro forma condensed combined financial information.

The unaudited pro forma condensed combined financial information is for illustrative purposes only. The financial results may have beendifferent had the companies always been combined. The unaudited pro forma condensed combined financial information should not be relied upon as being indicative of the historical results that would have been achieved had the companies always beencombined or the future results that the combined company will experience. JGGC and GLAAM have not had any historical relationship prior to the Transactions. Accordingly, no Transaction Accounting Adjustments were required to eliminate activitiesbetween the companies. 

The historical financial information of JGGC has been adjusted to give effect to the differences between U.S. GAAPand IFRS for the purposes of the unaudited pro forma condensed combined financial information. No adjustments were required to convert JGGC’s financial statements from U.S. GAAP to IFRS except to reclassify Class A shares at redemptionfrom mezzanine equity to financial liability, and to reclassify formation and operating costs to administrative expenses to align with IFRS presentation. This did not impact total current liabilities total liabilities or loss from operations. 

The unaudited pro forma condensed combined financial information has been prepared assuming the final redemption after giving effect to theProposed Transactions, as follows: 

 
 • 
the******final********redemption**gives effect to the redemption of 20,874,996 JGGC Class AOrdinary Shares in connection with the Extension Amendment and****presentation assumes that no additional JGGC Class A ordinary shares are redeemed subsequent to September 27, 2023. 

On August 11, 2023, the shareholders of JGGC approved the Extension Amendment at the Extraordinary General Meeting. Accordingly, on August 15, 2023,the Contributor contributed the Extension Payment in the form of an unsecured convertible promissory note issued by JGGC in the principal amount of up to $450,000 (the “Note”) to the Sponsor, with an initial drawdown in the amount of$112,500 per month. The Note does not bear interest and matures upon closing of JGGC’s initial Business Combination. 

Additionally, at theExtraordinary General Meeting, the holders of 12,925,707 Jaguar Global Class A Ordinary Shares originally issued in Jaguar Global’s IPO properly exercised their right to redeem their shares for cash at a redemption price of $ 10.63854453per share, for an aggregate redemption amount of $137,510,709.47. 

Furthermore, during the Extraordinary General Meeting on September 27, 2023,JGGC’s public shareholders holding 7,949,289 Class A Ordinary Shares validly elected to redeem their public shares for cash at a redemption price of $10.83 per share, leading to an aggregate redemption amount of $86,090,800. 

As such, approximately 90.8% of the Jaguar Global Class A Ordinary Shares issued in the IPO were redeemed and approximately 9.2% of such shares remainoutstanding. After the satisfaction of such redemptions and the extension payment in connection with the extension amendment, the balance in the trust account was $ 23,011,503. 

 
2 

In addition, the final redemption also assumes that: 

 
 • 
5,750,000 JGGC Class B Ordinary Shares (or 75% of such shares), which excludes the 1,916,667 JGGCClass B Ordinary Shares (or 25% of such shares) subject to vesting or forfeiture, have been converted into an equal number of JGGC Class A Ordinary Shares immediately prior to the consummation of the Business Combination; and

 
 • 
no New PubCo Converted Warrants or New PubCo Founder Warrants are exercised; 

 
 • 
no GLAAM Options or options of New PubCo are exercised for equity securities of GLAAM or New PubCo;

 
 • 
no New PubCo Earnout RSRs vest and no Earnout Shares are issued; 

 
 • 
no equity or debt financings (including any PIPE Investments) are entered into prior to consummation of theBusiness Combination in connection with any Financing Arrangements or otherwise; 

 
 • 
99.5%(20,962,443/21,065,932) of GLAAM’s Shareholders will partake in the Business Combination and exchangetheir direct or indirect equity interests in GLAAM for New PubCo Ordinary Shares; 

 
 • 
the CB does not convert into New PubCo Ordinary Shares; and 

 
 • 
Transaction Expenses will not exceed $30 million. 

Based on the assumptions described above, each GLAAM Common Share will be converted into approximately 0.8008206121 of a New PubCo OrdinaryShare equal to the GLAAM Exchange Ratio. 

The following table represents the pro forma number of JGGC’s ordinary shares outstandingunder the final redemption presented above, excluding the dilutive effect of New PubCo Converted Options, New PubCo Converted Warrants, New PubCo Founder Warrants, New PubCo Earnout RSRs and the 1,916,667 New PubCo Ordinary Shares received by theSponsor at Closing which will be subject to vesting (or forfeiture if such shares have not vested prior to the expiration of the Specified Period). There were no share redemptions subsequent to September 27, 2023. 

 
   **Final Redemption(1)**   **Number of****Shares**   **% of****Shares** 
JGGC Public Shareholders
   2,125,004    7.9 
JGGC Rights Holders
   1,916,667    7.1 
JGGC Initial Shareholders
   5,750,000    21.4 
GLAAM Founders
   322,619    1.2 
Other GLAAM Shareholders(2)
   16,787,156    62.4   
 

 
   
 

 
 
**Total**
  ** ****26,901,446**** **  ** ****100.0**** **  
 

 
   
 

 
 
 
(1)
Assumes that no currently outstanding Public Shares are redeemed in connection with the Business Combinationother than JGGC’s redemption and GLAAM’s Redemption (approved by JGGC on August 11, 2023 and September 27, 2023 and by GLAAM on August 10, 2023). 
(2)
Pro forma number of JGGC’s ordinary shares held by other GLAAM shareholders was calculated by multiplyingthe number of Other GLAAM Shareholders by the GLAAM Exchange Ratio. 

 
   **Number of Shares** 
Total number of GLAAMshares**(1)**
  **** **21,628,758****** 
Option
   (517,605) 
GLAAM Founders
   (402,861) 
Debt to equity conversion(2)
   357,640 
GLAAM’s redemption
   (103,489)   
 

 
 
**Other GLAAM Shareholders after redemption**

**(before redemption: 21,065,932 shares)**
  ** ****20,962,443**** **  
 

 
 
GLAAM Exchange Ratio
   0.8008206121   
 

 
 
**Pro forma number of JGGC’s ordinary shares held by other GLAAM shareholders**
  ** ****16,787,156**** **  
 

 
 
 
(1)
The total number of GLAAM shares includes the number of options(517,605). 
(2)
With regards to Debt to equity conversion, please refer to Note 4. 

 
3 

**UNAUDITED PRO FORMA CONDENSED COMBINED BALANCE SHEET**

**AS OF JUNE 30, 2023**

**FINAL REDEMPTION**

**(INU.S. DOLLARS)**

 

**Accounts**
  **GLAAM**   **JGGC**   **Transaction****accounting****adjustments**  **Note 2**   **Pro forma****combined**   **Historical**   **Pro forma****adjustments**   **Note 2**   **As****Adjusted**   **Historical****(Note 1)**   **Pro forma****adjustments**  **Note 2**   **As****Adjusted** 
**Assets**
                    
**I. Current Assets**
  ** ****18,836,252**** **  ** ****—  **** **  ** ****—  **** **  ** ****18,836,252**** **  ** ****662,334**** **  ** ****23,011,503**** ** ** ****—  **** **  ** ****23,673,837**** **  ** ****(23,312,934****) ** ** ****—  **** **  ** ****19,197,155**** **
Cash and cash equivalents
   73,625    —      —      73,625    227,806    23,011,503   2(a)    23,239,309    (23,312,934)   2(c)ii,iii,vii    —   
Trade receivables, net
   8,834,914    —      —      8,834,914    —      —     —      —      —     —      8,834,914 
Other current financial assets
   854,305    —      —      854,305    35,361    —     —      35,361    —     —      889,666 
Prepayments and other short-term assets
   2,679,040    —      —      2,679,040    399,167    —     —      399,167    —     —      3,078,207 
Inventories, net
   6,394,329    —      —      6,394,329    —      —     —      —      —     —      6,394,329 
Current income tax
   39    —      —      39    —      —     —      —      —     —      39 
**II. Non-current Assets**
  ** ****26,749,829**** **  ** ****—  **** **  ** ****—  **** **  ** ****26,749,829**** **  ** ****243,333,857**** **  ** ****(243,333,857****) ** ** ****—  **** **   —      —    ** ****—  **** **  ** ****26,749,829**** **
Long-term trade receivables
   1,763,457    —      —      1,763,457    —      —     —      —      —     —      1,763,457 
Non-current financial assets
   103,435    —      —      103,435    —      —     —      —      —     —      103,435 
Investments accounted for using the equity method
   2,527,774    —      —      2,527,774    —      —     —      —      —     —      2,527,774 
Property, plant and equipment, net
   10,499,881    —      —      10,499,881    —      —     —      —      —     —      10,499,881 
Intangible assets, net
   5,063,137    —      —      5,063,137    —      —     —      —      —     —      5,063,137 
Deposits
   3,975,373    —      —      3,975,373    —      —     —      —      —     —      3,975,373 
Deferred income tax assets
   2,816,772    —      —      2,816,772    —      —     —      —      —     —      2,816,772 
Other non-current assets
   —      —      —      —      —      —     —      —      —     —      —   
Marketable securities held in Trust Account
   —      —      —      —      243,333,857    (243,333,857)   2(b)i    —      —     —      —     
 

 
   
 

 
   
 

 
   
 

 
   
 

 
   
 

 
  
 

 
   
 

 
   
 

 
  
 

 
   
 

 
 
**Total Assets**
  ** ****45,586,081**** **   —     ** ****—  **** **  ** ****45,586,081**** **  ** ****243,996,191**** **  ** ****(220,322,354****) ** ** ****—  **** **  ** ****23,673,837**** **  ** ****(23,312,934****) ** ** ****—  **** **  ** ****45,946,984**** **  
 

 
   
 

 
   
 

 
   
 

 
   
 

 
   
 

 
  
 

 
   
 

 
   
 

 
  
 

 
   
 

 
 
**Liabilities**
                    
**I. Current Liabilities**
  ** ****32,457,472**** **  ** ****11,791,066**** **  ** ****—  **** **  ** ****44,248,538**** **  ** ****4,109,215**** **  ** ****10,208,947**** ** ** ****—  **** **  ** ****14,318,162**** **  ** ****(23,312,934****) ** ** ****—  **** **  ** ****35,253,767**** **
Trade payables
   6,937,392    —      —      6,937,392    2,427,598    —     —      2,427,598   ** ****—  **** **  —      9,364,990 
Other payables
   7,816,560    11,791,066    2(c)ii,iv,vi    19,607,626    1,681,617    10,208,947   2(c)iii    11,890,564    (23,312,934)   2(c)ii,iii,vii    8,185,257 
Current portion of lease liabilities
   99,248    —      —      99,248    —      —     —      —      —     —      99,248 
Other current liabilities
   916,966    —      —      916,966    —      —     —      —      —     —      916,966 
Short-term borrowings
   13,537,122    —      —      13,537,122    —      —     —      —      —     —      13,537,122 
Convertible bond
   1,868,507    —      —      1,868,507    —      —     —      —      —     —      1,868,507 
Product warranty provision
   34,942    —      —      34,942    —      —     —      —      —     —      34,942 
Current portion of long-term liabilities
   1,234,765    —      —      1,234,765    —      —     —      —      —     —      1,234,765 
Current tax liabilities
   11,970    —      —      11,970    —      —     —      —      —     —      11,970 
 
4 

**Accounts**
  **GLAAM**  **JGGC**  **Transaction****accounting****adjustments**  **Note 2**   **Pro forma****combined**   **Historical**  **Pro forma****adjustments**  **Note 2**   **As****Adjusted**  **Historical****(Note 1)**  **Pro forma****adjustments**  **Note 2**   **As****Adjusted** 
**II. Non-current Liabilities**
  ** ****6,100,836**** ** ** ****—  **** ** ** ****—  **** **  ** ****6,100,836**** ** ** ****252,361,607**** ** ** ****(228,811,121****) ** ** ****—  **** **  ** ****23,550,486**** ** ** ****(22,472,736****) ** ** ****—  **** **  ** ****7,178,586**** **
Other non-current payables
   4,165   —     —      4,165   8,050,000   (8,050,000)   2(c)i    —     —     —      4,165 
Pension and other employee obligations
   1,344,898   —     —      1,344,898   —     —     —      —     —     —      1,344,898 
Long-term borrowings
   4,728,047   —     —      4,728,047   —     —     —      —     —     —      4,728,047 
Non current lease liabilities
   23,726   —     —      23,726   —     —     —      —     —     —      23,726 
Other non-current liabilities
   —     —     —      —     —     —     —      —     —     —      —   
Derivative warrant liabilities
   —     —     —      —     1,077,750   —     —      1,077,750   —     —      1,077,750 
Class A ordinary shares
   —     —     —      —     243,233,857   (220,761,121)   2(d)    22,472,736   (22,472,736)   2(e)    —     
 

 
  
 

 
  
 

 
   
 

 
  
 

 
  
 

 
  
 

 
   
 

 
  
 

 
  
 

 
   
 

 
 
**Total Liabilities**
  ** ****38,558,308**** ** ** ****11,791,066**** ** ** ****—  **** **  ** ****50,349,374**** ** ** ****256,470,822**** ** ** ****(218,602,174****) **  —     ** ****37,868,648**** ** ** ****(45,785,669****) ** ** ****—  **** **  ** ****42,432,353**** **  
 

 
  
 

 
  
 

 
   
 

 
  
 

 
  
 

 
  
 

 
   
 

 
  
 

 
  
 

 
   
 

 
 
**Equity**
               
**I. Share capital**
  ** ****8,736,267**** ** ** ****141,702**** **   ** ****8,877,969**** ** ** ****767**** ** ** ****—  **** ** ** ****—  **** **  ** ****767**** ** ** ****213**** ** ** ****—  **** **  ** ****8,878,949**** **
Share capital
   8,736,267   141,702   2(c)iv    8,877,969   767  ** ****—  **** **  —      767   213   2(e)    8,878,949 
**II. Additional paid-in and other capital**
  ** ****57,070,548**** ** ** ****2,465,623**** **  —     ** ****59,536,171**** ** ** ****—  **** ** ** ****—  **** ** ** ****—  **** **  ** ****—  **** ** ** ****22,472,523**** ** ** ****—  **** **  ** ****82,008,694**** **
Additional paid-in and other capital
   57,070,548   2,465,623   2(c)iv    59,536,171  ** ****—  **** ** ** ****—  **** **  —     ** ****—  **** **  22,472,523   2(e)    82,008,694 
**III. Other components of equity**
  ** ****1,750,242**** ** ** ****(558,210****) **  —     ** ****1,192,032**** ** ** ****—  **** ** ** ****—  **** ** ** ****—  **** **  ** ****—  **** ** ** ****—  **** ** ** ****—  **** **  ** ****1,192,032**** **
Treasury stock
  ** ****—  **** **  (558,210)   2(c)vi    (558,210)  ** ****—  **** ** ** ****—  **** ** ** ****—  **** **  ** ****—  **** ** ** ****—  **** ** ** ****—  **** **   (558,210) 
Changes in equity from equity method
   2,754,052  ** ****—  **** **  —      2,754,052  ** ****—  **** ** ** ****—  **** **  —     ** ****—  **** ** ** ****—  **** **  —      2,754,052 
(negative) Changes in equity from equity method
   (3,251,395)  ** ****—  **** **  —      (3,251,395)  ** ****—  **** ** ** ****—  **** **  —     ** ****—  **** ** ** ****—  **** **  —      (3,251,395) 
Stock options
   2,709,081  ** ****—  **** **  —      2,709,081  ** ****—  **** ** ** ****—  **** **  —     ** ****—  **** ** ** ****—  **** **  —      2,709,081 
Gains (loss) on sale of treasury stock
   (410,453)  ** ****—  **** **  —      (410,453)  ** ****—  **** ** ** ****—  **** **  —     ** ****—  **** ** ** ****—  **** **  —      (410,453) 
Other capital surplus
   (51,043)  ** ****—  **** **  —      (51,043)  ** ****—  **** ** ** ****—  **** **  —     ** ****—  **** ** ** ****—  **** **  —      (51,043) 
**IV. Accumulated other comprehensive income**
  ** ****1,471,596**** ** ** ****—  **** ** ** ****—  **** **  ** ****1,471,596**** ** ** ****—  **** ** ** ****—  **** ** ** ****—  **** **  ** ****—  **** ** ** ****—  **** ** ** ****—  **** **  ** ****1,471,596**** **
Foreign currency translation differences for foreign operations
   1,471,596  ** ****—  **** **  —      1,471,596  ** ****—  **** ** ** ****—  **** **  —     ** ****—  **** ** ** ****—  **** **  —      1,471,596 
**V. Retained earnings (deficit)**
  ** ****(61,429,967****) ** ** ****(13,840,181****) ** ** ****—  **** **  ** ****(75,270,148****) ** ** ****(12,475,398****) ** ** ****(1,720,180****) ** ** ****—  **** **  ** ****(14,195,578****) ** ** ****—  **** ** ** ****—  **** **  ** ****(89,465,726****) **
Unappropriated retained earnings (deficit)
   (61,429,967)   (13,840,181)   2(c)ii    (75,270,148)   (12,475,398)   (1,720,180)   2(c)i,iii,v    (14,195,578)  ** ****—  **** **  —      (89,465,726) 
**VI. Non-controlling interest**
  ** ****(570,913****) ** ** ****—  **** ** ** ****—  **** **  ** ****(570,913****) ** ** ****—  **** ** ** ****—  **** ** ** ****—  **** **  ** ****—  **** ** ** ****—  **** ** ** ****—  **** **  ** ****(570,913****) **
Non-controlling interest
   (570,913)  ** ****—  **** **  —      (570,913)   —     —     —      —     —     —      (570,913)   
 

 
  
 

 
  
 

 
   
 

 
  
 

 
  
 

 
  
 

 
   
 

 
  
 

 
  
 

 
   
 

 
 
**Total equity**
  ** ****7,027,773**** ** ** ****(11,791,066****) ** ** ****—  **** **  ** ****(4,763,293****) ** ** ****(12,474,631****) ** ** ****(1,720,180****) ** ** ****—  **** **  ** ****(14,194,811****) ** ** ****22,472,736**** ** ** ****—  **** **  ** ****3,514,632**** **  
 

 
  
 

 
  
 

 
   
 

 
  
 

 
  
 

 
  
 

 
   
 

 
  
 

 
  
 

 
   
 

 
 
**Total liabilities and equity**
  ** ****45,586,081**** **  —    ** ****—  **** **  ** ****45,586,081**** ** ** ****243,996,191**** ** ** ****(220,322,354****) ** ** ****—  **** **  ** ****23,673,837**** ** ** ****(23,312,934****) ** ** ****—  **** **  ** ****45,946,984**** **  
 

 
  
 

 
  
 

 
   
 

 
  
 

 
  
 

 
  
 

 
   
 

 
  
 

 
  
 

 
   
 

 
 
 
5 

**UNAUDITED PRO FORMA CONDENSED COMBINED STATEMENT OF OPERATIONS**

**FOR THE SIX MONTHS ENDED JUNE 30, 2023**

**FINAL REDEMPTION**

**(INU.S. DOLLARS)**

 

**Accounts**
  **GLAAM**  **JGGC**  **Transaction****accounting****adjustments**   **Note 2**   **Pro forma****combined**   **Historical**  **Pro forma****adjustments**   **Note 2**   **As****Adjusted**  **Historical****(Note1)**  **Pro forma****adjustments**   **Note 2**   **As****Adjusted** 
**Revenue**
  ** ****12,562,180**** ** ** ****—  **** **    ** ****12,562,180**** ** ** ****—  **** ** ** ****—  **** **    ** ****—  **** ** ** ****—  **** **    ** ****12,562,180**** **
**Cost of sales**
  ** ****6,327,732**** ** ** ****—  **** **    ** ****6,327,732**** ** ** ****—  **** ** ** ****—  **** **    ** ****—  **** ** ** ****—  **** **    ** ****6,327,732**** **
**Gross profit/(loss)**
  ** ****6,234,448**** ** ** ****—  **** **    ** ****6,234,448**** ** ** ****—  **** ** ** ****—  **** **    ** ****—  **** ** ** ****—  **** **    ** ****6,234,448**** **
**Selling and administrative expenses**
  ** ****4,981,094**** ** ** ****—  **** **    ** ****4,981,094**** ** ** ****3,438,592**** ** ** ****—  **** **    ** ****3,438,592**** ** ** ****—  **** **    ** ****8,419,686**** **
**Operating profit/(loss)**
  ** ****1,253,354**** ** ** ****—  **** **    ** ****1,253,354**** ** ** ****(3,438,592****) ** ** ****—  **** **    ** ****(3,438,592****) ** ** ****—  **** **    ** ****(2,185,238****) **
Finance income
   193,076   —        193,076   5,654,704   —        5,654,704   —        5,847,780 
Finance costs
   885,210   —        885,210   —     —        —     —        885,210 
Other income
   18,851   —        18,851   —     —        —     —        18,851 
Other expenses
   107,739   —        107,739   —     —        —     —        107,739 
**Profit before tax**
  ** ****472,332**** ** ** ****—  **** **    ** ****472,332**** ** ** ****2,216,112**** ** ** ****—  **** **    ** ****2,216,112**** ** ** ****—  **** **    ** ****2,688,444**** **
Corporate income tax benefit
   20,081   —        20,081   —     —        —     —        20,081 
**Net profit for the year**
  ** ****452,251**** ** ** ****—  **** **    ** ****452,251**** ** ** ****2,216,112**** ** ** ****—  **** **    ** ****2,216,112**** ** ** ****—  **** **    ** ****2,668,363**** **
**Other comprehensive income**
  ** ****(462,328****) ** ** ****—  **** **    ** ****(462,328****) **  —    ** ****—  **** **     —    ** ****—  **** **    ** ****(462,328****) **
**Total comprehensive profit(loss)**
  ** ****(10,077****) ** ** ****—  **** **    ** ****(10,077****) ** ** ****2,216,112**** ** ** ****—  **** **    ** ****2,216,112**** ** ** ****—  **** **    ** ****2,206,035**** **
**Basic weighted average shares outstanding**
  ** ****20,910,620**** **     ** ****20,910,620**** ** ** ****30,666,667**** **     ** ****30,666,667**** **     ** ****26,901,446**** **
**Basic net income per share(*)**
  ** ****0.02**** **     ** ****0.02**** ** ** ****0.07**** **     ** ****0.07**** **     ** ****0.10**** **
 
(*)
With regards to basic weighted average shares outstanding, please refer to Note 3. 

 
6 

**Note 1 – IFRS Adjustments and Reclassification**

JGGC’s unaudited historical balance sheet as of June 30, 2023, was prepared in accordance with U.S. GAAP, and has been adjusted togive effect to the difference between U.S. GAAP and IFRS. 

 

**Accounts**
  **As of June 30, 2023**   **JGGC****US GAAP**   **IFRS****Conversion and****Presentation****Alignment**   **Note**   **JGGC****IFRS** 
**ASSETS**
        
Current assets:
        
Cash and cash equivalents
   227,806    —        227,806 
Prepayments and other short-term assets
   —      399,167    1(a)    399,167 
Prepaid expenses
   399,167    (399,167)    1(a)    —   
Receivable
   35,361    (35,361)    1(a)    —   
Other current financial assets
   —      35,361    1(a)    35,361 
**Total current assets**
  ** ****662,334**** **   —       ** ****662,334**** **
Non-current assets:
        
Marketable securities held in Trust Account
   243,333,857    —        243,333,857 
Other non-current assets
   —      —        —   
**Total Assets**
  ** ****243,996,191**** **  ** ****—  **** **    ** ****243,996,191**** **
**LIABILITIES, ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION, ANDSHAREHOLDERS’ DEFICIT**

** **

**Current liabilities:**
        
Accounts payable
   2,427,598    —        2,427,598 
Due to related party
   557,759    (557,759)    1(a)    —   
Accrued expenses
   1,123,858    (1,123,858)    1(a)    —   
Other payables
   —      1,681,617    1(a)    1,681,617 
**Total current liabilities**
  ** ****4,109,215**** **   —       ** ****4,109,215**** **
**Non-current liabilities:**
        
Deferred underwriting fees payable
   8,050,000    —        8,050,000 
Derivative warrant liabilities
   1,077,750    —        1,077,750 
Class A ordinary shares subject to possible redemption, $0.0001 par value; [23,000,000]shares at redemption value
   —      243,233,857    1(b)    243,233,857 
**Total liabilities**
  ** ****13,236,965**** **  ** ****243,233,857**** **    ** ****256,470,822**** **
**COMMITMENTS AND CONTINGENCIES**

** **

Class A ordinary shares subject to possible redemption, [23,000,000] shares at redemptionvalue
   243,233,857    (243,233,857)    1(b)    —   
**SHAREHOLDERS’ DEFICIT**
        
Class B ordinary shares, $0.0001 par value; 50,000,000 shares authorized; 7,666,667 sharesissued and outstanding
   767    —        767 
Accumulated deficit
   (12,475,398)    —        (12,475,398) 
**Total shareholders’ deficit**
  ** ****(12,474,631****) **  ** ****—  **** **    ** ****(12,474,631****) **
**Total Liabilities, Ordinary Shares Subject to Possible Redemption, and Shareholders’Deficit**
  ** ****243,996,191**** **  ** ****—  **** **    ** ****243,996,191**** **
 
(a)
Reflects the reclassification adjustments to align JGGC’s unaudited historical balance sheet as ofJune 30, 2023 balances with the presentation of GLAAM’s unaudited historical statement of financial position as of June 30, 2023. These reclassifications have no impact on total liabilities or total assets. 
(b)
Reflects the U.S. GAAP to IFRS conversion adjustment related to the reclassification of JGGC’ historicalmezzanine equity (Class A ordinary shares subject to possible redemption) into non-current liabilities. 

 
7 

JGGC’s unaudited historical statement of operations for the six months endedJune 30, 2023, was prepared in accordance with U.S. GAAP, and has been adjusted to give effect to the differences between U.S. GAAP and IFRS. 

 

**Accounts**
  **January 1, 2023 to June 30, 2023**   **JGGC****US GAAP**   **IFRS****Conversion and****Presentation****Alignment**   **Note**   **JGGC****IFRS** 
**Revenue**
  ** ****—  **** **  ** ****—  **** **    ** ****—  **** **
**Cost of sales**
  ** ****—  **** **  ** ****—  **** **    ** ****—  **** **
**Gross Profit/(Loss)**
  ** ****—  **** **  ** ****—  **** **    ** ****—  **** **
**Selling and administrative expenses**
  ** ****3,438,592**** **  ** ****—  **** **    ** ****3,438,592**** **
**Operating loss**
  ** ****(3,438,592****) **  ** ****—  **** **    ** ****(3,438,592****) **
Finance income
   —      5,654,704    1(c)    5,654,704 
Gain on marketable securities (net), dividends and interest, held in Trust Account
   5,295,454    (5,295,454)    1(c)    —   
Change in fair value of derivative warrant liabilities
   359,250    (359,250)    1(c)    —   
**Loss before tax**
  ** ****2,216,112**** **  ** ****—  **** **    ** ****2,216,112**** **
**Net loss for the year**
  ** ****2,216,112**** **  ** ****—  **** **    ** ****2,216,112**** **
 
(c)
Reflects the reclassification adjustment to align JGGC’s unaudited historical statement of operations forthe six months ended June 30, 2023 with the presentation of GLAAM’s unaudited historical statement of comprehensive income for the six months ended June 30, 2023. This reclassification has no impact on total loss from operations.

**Note 2 – Pro Forma Adjustments and Transaction Accounting Adjustments**

 
(a)
Pro forma adjustments on JGGC’s cash balance as of June 30, 2023 was derived from as follows:

 
   **Note**   **Pro forma adjustments on****JGGC’s cash balance** 
Balance of marketable securities in trust account
     243,333,857 
Amount redeemed
   2(b)(iii)    (220,761,121) 
Additional increase in JGGC trust account
   2(b)(iv)    438,767   
 

 
   
 

 
 
Pro forma adjustments on JGGC’s cash balance as of June 30, 2023
     23,011,503   
 

 
   
 

 
 
 
(b)
Represents the impact of the Transactions, accounted for as a reverse recapitalization, on the cash balance ofJGGC. 

The table below represents the sources and uses of funds as it relates to the Transactions: 

 
   **Note**   **Final Redemption** 
Cash balance of GLAAM prior to the Proposed Transaction
     73,625 
Cash balance of JGGC prior to the Proposed Transaction
     227,806 
Total cash prior to the Proposed Transaction
     301,431 
**Pro forma adjustments:**
    
JGGC cash held in Trust Account
   2(b)(i)    243,333,857 
Payment of deferred underwriting fee
   2(b)(ii)    —   
Payment to redeeming JGGC public shareholders
   2(b)(iii)    (220,761,121) 
Remaining interest earned from the JGGC Trust Account
   2(b)(iv)    438,767 
Payment to redeeming other GLAAM shareholders
   2(b)(v)    —   
Total pro forma adjustments
   2(b)(vi)    23,011,503 
 
8 
   **Note**   **Final**

**