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Proceeds from sale of
units, net of...
$211,312,500
Proceeds from sale of
private placement units
$6,062,500
Proceeds from advances
from related party
$144,500
Proceeds from issuance of
class b ordinary...
$25,000
Net cash provided by
financing activities
$216,910,702
Canceled cashflow
$633,798
Net change in cash
$808,775
Canceled cashflow
$216,101,927
Payment of offering
costs
$439,298
Repayment of advances from
related party
$144,500
Repayment of promissory
note - related party
$25,000
Overpayment on sponsor note
payable
$25,000
Net income
$3,633,569
Compensation expense
$372,000
Accounts payable and
accrued expenses
$90,122
Net cash used in
investing activities
-$215,625,000
Net cash used in
operating activities
-$476,927
Canceled cashflow
$4,095,691
Investment of cash in trust
account
$215,625,000
Earnings from
investments in trust account
$4,454,851
Prepaid expenses
$117,767
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Cash Flow
source: myfinsight.com
LightWave Acquisition Corp. (LWAC)
LightWave Acquisition Corp. (LWAC)