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emcg: the balance sheet
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Cash
$469
Prepaid expenses
$42,500
Cash and investments
held in trust account
$26,781,718
Total current assets
$42,969
Total assets
$26,824,687
Accumulated deficit
-$6,706,920
Total liabilities and
stockholders deficit
$26,824,687
Total stockholders
deficit
-$6,706,690
Ordinary shares, par
value 0.0001...
$230
Ordinary shares subject
to possible...
$26,781,718
Total liabilities
$6,749,659
Deferred underwriter fee
payable
$2,966,000
Total current
liabilities
$3,783,659
Due to related party
$144,060
Due to third party
$1,175,000
Promissory note third party
$56,927
Accounts payable and
accrued expenses
$1,556,560
Convertible promissory note
related party
$851,112
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Balance Sheet
source: myfinsight.com
Embrace Change Acquisition Corp. (EMCG)
Embrace Change Acquisition Corp. (EMCG)