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Proceeds from sale of
units, net of...
$226,000,000
Proceeds from sale of
private placements...
$5,500,000
Net cash provided by
financing activities
$231,095,308
Canceled cashflow
$404,692
Net change in cash
$753,828
Canceled cashflow
$230,341,480
Payment of offering
costs
$227,033
Repayment of promissory
note - related party
$177,659
Compensation expense
$218,250
Payment of operating and
formation costs through...
$29,796
Due from sponsor
-$8,468
Accounts payable and
accrued expenses
$2,500
Net cash used in
investing activities
-$230,000,000
Net cash used in
operating activities
-$341,480
Canceled cashflow
$259,014
Investment of cash into
trust account
$230,000,000
Interest earned on cash
and marketable...
$296,082
Prepaid expenses
$248,368
Net loss
-$56,044
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Cash Flow
source: myfinsight.com
ITHAX Acquisition Corp III (ITHAW)
ITHAX Acquisition Corp III (ITHAW)