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Proceeds from sale of
units, net of...
$229,750,000
Proceeds from sale of
private placement units
$2,350,000
Proceeds from promissory
note related party
$146,314
Proceeds from issuance of
founder shares to...
$522
Net cash provided by
financing activities
$231,626,812
Canceled cashflow
$620,024
Net change in cash
$1,371,945
Canceled cashflow
$230,254,867
Payment of offering
costs
$320,024
Repayment of promissory
note related party
$300,000
Cash withdrawn from
trust account for...
$125,000
Net income
$1,579,393
Deferred legal fees
-$153,291
Accrued expenses
$30,753
Net cash used in
investing activities
-$229,875,000
Net cash used in
operating activities
-$379,867
Canceled cashflow
$125,000
Canceled cashflow
$1,763,437
Investment of cash in trust
account
$230,000,000
Interest earned on
investments held in trust...
$1,957,551
Prepaid expenses
$80,165
Change in fair value of
over-allotment option...
$57,000
Long-term prepaid
insurance
$48,588
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Cash Flow
KPET Ultra Paceline Corp (KPET-WT)
KPET Ultra Paceline Corp (KPET-WT)
source: myfinsight.com