IRAB-WT: the cash flow

MyFinsight

Cash Flow	2026-06-30	2026-03-31	2025-12-31
Net income	1,263,575	773,935	-68,023
Interest earned on cash held in trust account	1,523,388	919,562	-
Payment of general and administrative expenses through promissory note related party	-	49,743	-
Payment of general and administrative costs through promissory note related party	49,743	-	-
Prepaid expenses and insurance	-2,838	-1,938	-
Long-term prepaid insurance	-16,560	-10,370	-
Payment of expense through promissory note related party	-	-	44,431
Accounts payable and accrued expenses	85,937	73,776	-
Accrued expenses	-	-	23,592
Accrued interest on short-term loan	367	-	-
Net cash used in operating activities	-154,111	-9,800	0
Cash held in trust account	0	168,500,000	-
Net cash used in investing activities	0	-168,500,000	-
Proceeds from sale of units, net of underwriting discounts paid	0	165,505,000	-
Proceeds from sale of private placement units	0	4,380,000	-
Proceeds from subscription receivable	21,960	-	-
Repayments of short-term loan	21,354	48,867	-
Repayment of promissory note related party	0	421,500	-
Payment of offering costs	1,755	50,000	-
Net cash provided by financing activities	-1,149	169,364,633	-
Net change in cash	-155,260	854,833	0
Cash beginning of period	-	0	0
Cash end of period	699,573	854,833	0

Unit: Dollar. Numbers labeled with * are estimated quarterly values.