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Investments withdrawn from
trust account for...
$17,521,050
Net cash provided by
(used in) investing...
$17,321,050
Canceled cashflow
$200,000
Net change in cash
-$55,371
Canceled cashflow
$17,321,050
Proceeds from working
capital loan sponsor
$1,046,172
Proceeds from
convertible promissory note...
$200,000
Change in fair value of
warrant liability
$290,250
Cash deposited in
trust account
$200,000
Net cash (used in)
provided by financing...
-$16,274,878
Canceled cashflow
$1,246,172
Net cash used in
operating activities
-$1,101,543
Canceled cashflow
$290,250
Payment to redeeming
shareholders
$17,521,050
Net income (loss)
-$610,317
Interest earned on
marketable securities held...
$275,203
Accounts payable and
accrued expenses
-$267,200
Due to sponsor
$140,233
Prepaid expenses
$98,840
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Cash Flow
source: myfinsight.com
Investcorp AI Acquisition Corp. (IVAUF)
Investcorp AI Acquisition Corp. (IVAUF)