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Proceeds from sale of
units, net of...
$98,500,000
Proceeds from sale of
private placement units
$3,700,000
Net cash provided by
financing activities
$101,699,049
Canceled cashflow
$500,951
Net change in cash
$1,042,341
Canceled cashflow
$100,656,708
Payment of offering
costs
$332,773
Repayment of promissory
noterelated party
$167,464
Due from related
party
$714
Net income
$399,646
Payment of general and
administrative expenses...
$56,739
Accounts payable and
accrued expenses
$16,844
Net cash used in
investing activities
-$100,300,000
Net cash used in
operating activities
-$356,708
Canceled cashflow
$473,229
Investment of cash in trust
account
$100,300,000
Interest earned on
investments held in trust...
$560,408
Prepaid expenses and
insurance
$115,629
Change in fair value of
over-allotment option...
$78,900
Long-term prepaid
insurance
$75,000
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Cash Flow
Forefront Tech Holdings Acquisition Corp (FTHAW)
Forefront Tech Holdings Acquisition Corp (FTHAW)
source: myfinsight.com