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Proceeds from sale of
units in initial...
$358,800,000
Proceeds from sale of
private placement...
$2,250,000
Proceeds from notes
payable - related party
$166,327
Net cash provided by
financing activities
$360,413,507
Canceled cashflow
$802,820
Net change in cash
$1,123,701
Canceled cashflow
$359,289,806
Payment of accrued
offering costs
-$316,700
Payment of underwriters
discounts and commissions
$250,000
Repayment of notes payable
- related party
$236,120
Gain from change in
fair value of public...
$717,600
Allocated expense for
warrant issuance cost
$270,678
Net cash used in
investing activities
-$358,800,000
Net cash used in
operating activities
-$489,806
Canceled cashflow
$988,278
Cash deposited in
trust account
$358,800,000
Net income/(loss)
-$905,902
Accrued expenses,
formation and offering...
-$365,090
Interest reinvested in
the trust account
$207,092
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Cash Flow
Gores Holdings XI, Inc. (GHXIU)
Gores Holdings XI, Inc. (GHXIU)
source: myfinsight.com