BDCIU: the cash flow

Cash beginning of year

1,448,349

1,985,699

-

0

Net income (loss)

1,868,465

1,701,548

1,871,283

-

Payment of formation, general and administrative expenses through advances from related party

-

59,534

-

Payment of accrued expenses through advances from related party

-

27,680

-

Interest earned on marketable securities held in trust account

2,277,072

2,242,309

2,412,555

-

Prepaid expenses

-32,534

46,730

132,933

-

Prepaid insurance

-21,875

153,125

-

Accrued expenses

30,469

28,266

-5,722

-

Net cash used in operating activities

-323,729

-537,350

-745,838

-

Investment of cash into trust account

-

251,000,000

2,000,000

Cash withdrawn from trust account for working capital purposes

-

400,000

-

Net cash used in investing activities

-

-250,600,000

-2,000,000

Proceeds from sale of units, net of underwriting discounts paid

-

248,600,000

-

Proceeds from sale of private placement units

-

7,600,000

-

Repayment of advances from related party

-

0

238,977

Proceeds due to sponsor

-

0

5,200,000

Repayment of promissory note

-

5,200,000

-

Payment of offering costs

-

554,486

75,000

Net cash provided by financing activities

-

250,445,514

4,886,023

Net change in cash

-323,729

-537,350

-900,324

2,886,023

Cash end of period

1,124,620

1,448,349

1,985,699

2,886,023

MyFinsight

Cash Flow Overview

Time Plot

Cash Flow

Cash Flow Overview

Time Plot

Cash Flow