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emcrf: the balance sheet
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Prepaid expenses
$21,250
Cash
$5,431
Cash and investments
held in trust account
$27,469,158
Total current assets
$26,681
Total assets
$27,495,839
Accumulated deficit
-$7,375,913
Total liabilities and
stockholders deficit
$27,495,839
Total stockholders
deficit
-$7,375,683
Ordinary shares, par
value 0.0001...
$230
Ordinary shares subject
to possible...
$1,197,030
Total liabilities
$33,674,492
Deferred underwriter fee
payable
$2,966,000
Total current
liabilities
$30,708,492
Amount due to redeemed
public shareholders
$26,272,128
Promissory note third party
$58,077
Convertible promissory note
related party
$851,112
Due to third party
$1,675,000
Due to related party
$144,060
Accounts payable and
accrued expenses
$1,708,115
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Balance Sheet
source: myfinsight.com
Embrace Change Acquisition Corp. (EMCRF)
Embrace Change Acquisition Corp. (EMCRF)