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Proceeds from sale of
public units
$57,500,000
Proceeds from sale of
private placement units
$1,972,500
Net cash provided by
financing activities
$58,212,300
Canceled cashflow
$1,260,200
Net change in cash
$480,852
Canceled cashflow
$57,731,448
Payment of underwriter
commissions
$862,500
Payment of offering
costs
$397,700
Accounts payable and
accrued expenses
$135,257
Net cash used in
investing activities
-$57,500,000
Net cash used in
operating activities
-$231,448
Canceled cashflow
$135,257
Purchase of investment
held in trust account
$57,500,000
Interest earned on
marketable securities held...
$284,455
Prepaid expenses
$62,511
Net loss
-$19,738
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Cash Flow
source: myfinsight.com
Blueport Acquisition Ltd (BPAC)
Blueport Acquisition Ltd (BPAC)