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Proceeds from sale of
units, net of...
$248,600,000
Proceeds from sale of
private placement units
$7,600,000
Proceeds due to sponsor
$5,200,000
Net cash provided by
financing activities
$255,331,537
Canceled cashflow
$6,068,463
Net change in cash
$1,985,699
Canceled cashflow
$253,345,838
Repayment of promissory
note
$5,200,000
Payment of offering
costs
$629,486
Repayment of advances from
related party
$238,977
Cash withdrawn from
trust account for...
$400,000
Net income (loss)
$1,871,283
Payment of formation,
general and...
$59,534
Payment of accrued
expenses through...
$27,680
Net cash used in
investing activities
-$252,600,000
Net cash used in
operating activities
-$745,838
Canceled cashflow
$400,000
Canceled cashflow
$1,958,497
Investment of cash into
trust account
$253,000,000
Interest earned on
marketable securities held...
$2,412,555
Prepaid insurance
$153,125
Prepaid expenses
$132,933
Accrued expenses
-$5,722
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Cash Flow
source: myfinsight.com
BTC Development Corp. (BDCIW)
BTC Development Corp. (BDCIW)