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Proceeds from sale of
units, net of...
$248,600,000
Proceeds from sale of
private placements...
$7,400,000
Advances from related
party
$10,164
Net cash provided by
financing activities
$255,252,474
Canceled cashflow
$757,690
Net change in cash
$2,167,856
Canceled cashflow
$253,084,618
Payment of offering
costs
$645,272
Repayment of promissory
note - related party
$112,418
Compensation expense
$1,338,475
Accrued expenses
$32,917
Payment of general and
administrative and operating...
$25,889
Net cash used in
investing activities
-$253,000,000
Net cash used in
operating activities
-$84,618
Canceled cashflow
$1,397,281
Purchase of money market
funds held in trust...
$253,000,000
Net loss
-$1,439,518
Interest earned on
marketable securities held...
$24,708
Prepaid expenses
$17,673
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Cash Flow
Inflection Point Acquisition Corp. VI (IPFXU)
Inflection Point Acquisition Corp. VI (IPFXU)
source: myfinsight.com