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Proceeds from sale of
units, net of...
$248,600,000
Proceeds from sale of
private placements...
$7,400,000
Accounts payable and
accrued expenses
$1,798,249
Advances from related
party
$10,164
Compensation expense
$1,338,475
Payment of general and
administrative and operating...
$25,889
Net cash provided by
financing activities
$255,201,952
Net cash provided by
operating activities
$1,329,441
Canceled cashflow
$808,212
Canceled cashflow
$1,833,172
Net change in cash
$1,754,303
Canceled cashflow
$254,777,090
Payment of offering
costs
$648,772
Repayment of promissory
note - related party
$149,276
Repayment of advances from
related party
$10,164
Cash withdrawn from
trust account for...
$500,000
Gain on change in fair
value of forward...
$957,000
Net loss
-$506,244
Prepaid insurance
$155,899
Long-term prepaid
insurance
$114,410
Prepaid expenses
$99,619
Net cash used in
investing activities
-$254,777,090
Canceled cashflow
$500,000
Purchase of money market
funds held in trust...
$253,000,000
Interest earned on
investments held in trust...
$2,277,090
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Cash Flow
Inflection Point Acquisition Corp. VI (IPFXW)
Inflection Point Acquisition Corp. VI (IPFXW)
source: myfinsight.com