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Proceeds from sale of
public units
$150,000,000
Proceeds from exercise of
over-allotment option
$22,500,000
Proceeds from sale of
private placement units
$4,650,000
Proceeds from promissory
note related party
$154,522
Proceeds from issuance of
class b ordinary...
$25,000
Net cash provided by
financing activities
$174,781,509
Canceled cashflow
$2,548,013
Net change in cash
$1,883,395
Canceled cashflow
$172,898,114
Payment of underwriter
fees and commissions
$1,575,000
Payment of shares
receivable
$500,000
Payment of offering
costs
$288,013
Payment of promissory
note related party
$185,000
Net income (loss)
$539,006
Accrued expenses
$79,000
Accounts payable
$73,969
Administrative services fee
payable related party
$10,452
Net cash used in
investing activities
-$172,500,000
Net cash used in
operating activities
-$398,114
Canceled cashflow
$702,427
Investment of cash into
trust account
$172,500,000
Interest income on trust
account
$951,679
Prepaid expenses
$148,862
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Cash Flow
source: myfinsight.com
McKinley Acquisition Corp (MKLYR)
McKinley Acquisition Corp (MKLYR)