INAC: the cash flow

Investment of cash into trust account

-

0

115,000,000

Net cash used in investing activities

-

0

-115,000,000

Proceeds from sale of units, net of underwriting discounts paid

-

0

112,700,000

Repayment of advances from related party

-

0

175,000

Proceeds from sale of private placement units

-

0

3,800,000

Payment of offering costs

-

0

2,155

238,730

Advances from related party

-

0

-

Proceeds from promissory note - related party

-

0

Interest earned on marketable securities held in trust account

-

1,165,212

Net cash provided by financing activities

-

0

116,084,115

Compensation expense to directors

-

0

Net income (loss)

927,520

873,606

1,006,523

1,013,198

Change in fv of overallotment liability

-

0

-587

Dividend earned on marketable securities held in trust account

1,048,125

1,035,981

2,298,371

-

Prepaid expense

-44,552

40,448

71,117

45,904

Prepaid insurance

-

138,910

Accounts payable

-

8,712

-35,420

Account payable and accrued expenses

-2,558

-5,624

-

Net cash used in operating activities

-78,611

-208,447

-50,131

-372,835

Net change in cash

-

-208,447

-

Net change in cash

-78,611

-208,447

-50,131

711,280

Cash beginning of period

-

666,920

-

0

Cash end of period

379,862

458,473

666,920

717,051

MyFinsight

Cash Flow Overview

Time Plot

Cash Flow

Cash Flow Overview

Time Plot

Cash Flow