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Proceeds from sale of
units, net of...
$225,400,000
Proceeds from sale of
private placement units
$6,600,000
Proceeds from promissory
note - related party
$116,000
Consideration paid by
directors in exchange for...
$340
Net cash provided by
financing activities
$231,407,556
Canceled cashflow
$708,784
Net change in cash
$1,029,296
Canceled cashflow
$230,378,260
Payment of offering
costs
$565,234
Repayment of promissory
note - related party
$118,550
Due from sponsor
$25,000
Net income
$941,404
Compensation expense
$154,700
Accounts payable and
accrued expenses
$28,290
Payment of operating
expenses through...
-$25,000
Payment of general and
administrative costs through...
-$2,550
Net cash used in
investing activities
-$230,000,000
Net cash used in
operating activities
-$378,260
Canceled cashflow
$1,151,944
Investment of cash into
trust account
$230,000,000
Interest earned on
marketable securities held...
$1,311,175
Prepaid expenses
$136,704
Long-term prepaid
insurance
$82,325
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source: myfinsight.com
Highview Merger Corp. (HVMCW)
Highview Merger Corp. (HVMCW)