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Proceeds from sale of
public units
$105,000,000
Proceeds from sale of
private units
$2,262,500
Net cash provided by
financing activities
$106,186,464
Canceled cashflow
$1,076,036
Net changes in cash
$445,960
Canceled cashflow
$105,740,504
Payment of underwriter
fees
$472,500
Repayment of promissory
note related party
$300,000
Payment of offering
costs
$251,750
Repayment of related party
advance
$51,786
Net income
$674,969
Due to related party
for administrative...
$27,741
Accounts payable and
accrued expenses
$15,854
Net cash used in
investing activities
-$105,525,000
Net cash used in
operating activities
-$215,504
Canceled cashflow
$718,564
Cash held in trust
account
$105,525,000
Interest earned on
investments held in trust...
$847,992
Prepaid expenses
$86,076
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Cash Flow
Starlink AI Acquisition Corp (OTAI-RI)
Starlink AI Acquisition Corp (OTAI-RI)
source: myfinsight.com