BIDWR: the cash flow

MyFinsight

Cash Flow	2026-06-30
Net income	179,865
Payment of operating expenses through promissory note related party	-147,259
Interest earned on investments held in trust account	408,257
Change in fair value of over-allotment liability	-53,700
Other receivable	10,383
Prepaid expenses	-26,655
Prepaid insurance	72,625
Long term prepaid insurance	65,987
Accounts payable and accrued expenses	41,161
Deferred legal fee	-83,565
Net cash used in operating activities	-132,447
Investment of cash in trust account	140,350,000
Net cash used in investing activities	-140,350,000
Proceeds from sale of units, net of underwriting discounts paid	137,200,000
Proceeds from sale of private placement units	4,700,000
Proceeds from sale of representative shares	140
Due from sponsor	12,500
Repayment of promissory note related party	454,898
Payment of offering costs	236,048
Net cash provided by financing activities	141,196,694
Net change in cash	714,247
Deferred offering costs included in accrued offering costs	479,365
Prepaid expenses paid through promissory note	100,000
Deferred underwriting fee payable	4,900,000
Cash, end of the period	714,247

Unit: Dollar. Numbers labeled with * are estimated quarterly values.