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Proceeds from sale of
units, net of...
$407,790,000
Proceeds from sale of
private placement units
$5,000,000
Underwriters reimbursement
-$3,210,000
Net cash provided by
financing activities
$415,369,048
Canceled cashflow
$630,952
Net change in cash
$736,204
Canceled cashflow
$414,632,844
Repayment of ipo
promissory note - related...
$356,062
Payment of offering
costs
$274,890
Net income
$382,098
Payment of operation
costs through...
$76,717
Accounts payable and
accrued expenses
$55,666
Prepaid expenses
-$7,203
Net cash used in
investing activities
-$414,000,000
Net cash used in
operating activities
-$632,844
Canceled cashflow
$521,684
Investment of cash in trust
account
$414,000,000
Interest earned on cash
held in trust account
$549,783
Prepaid insurance
$307,750
Long-term prepaid
insurance
$296,995
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Cash Flow
source: myfinsight.com
Churchill Capital Corp XI (CCXIU)
Churchill Capital Corp XI (CCXIU)