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Proceeds from sale of
units, net of...
$248,600,000
Proceeds from sale of
private placement units
$7,400,000
Advances from related
party
$80,638
Proceeds from promissory
note related party
$45,875
Net cash provided by
financing activities
$255,318,032
Canceled cashflow
$808,481
Net change in cash
$1,126,011
Canceled cashflow
$254,192,021
Payment of offering
costs
$624,199
Repayment of promissory
noterelated party
$184,282
Cash withdrawn from
trust account for...
$250,000
Share-based compensation
expense
$2,581,854
Deferred legal fee
-$2,468,474
Net income (loss)
$498,416
Accounts payable and
accrued expenses
$261,274
Net cash used in
investing activities
-$252,750,000
Net cash used in
operating activities
-$1,442,021
Canceled cashflow
$250,000
Canceled cashflow
$5,810,018
Investment of cash in trust
account
$253,000,000
Dividend earned on
marketable securities held...
$7,030,731
Prepaid expenses and
other current assets
$162,751
Long term prepaid
insurance
$53,557
Adjustment to accrued
offering costs
$5,000
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Cash Flow
source: myfinsight.com
Inflection Point Acquisition Corp. III (IPCXU)
Inflection Point Acquisition Corp. III (IPCXU)