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Proceeds from sale ofunits, net of...$169,050,000 Proceeds from sale ofprivate placements...$5,300,000 Net cash provided byfinancing activities$173,820,244 Canceled cashflow$529,756 Net change in cash$1,098,128 Canceled cashflow$172,722,116 Payment of offeringcosts$327,076 Repayment of ipopromissory note - related...$202,680 Payment of general andadministrative costs through...$42,178 Net income$18,492 Formation costs paid bysponsor in exchange for...$14,675 Accounts payable andaccrued expenses$13,431 Net cash used ininvesting activities-$172,500,000 Net cash used inoperating activities-$222,116 Canceled cashflow$88,776 Investment of cash intotrust account$172,500,000 Interest earned onmarketable securities held...$151,164 Prepaid insurance$70,281 Long-term prepaidinsurance$68,134 Prepaid expenses$21,313
Cash Flow
source: myfinsight.com

Galata Acquisition Corp. II (LATAU)

Galata Acquisition Corp. II (LATAU)