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Gross proceeds from
initial public offering
$253,000,000
Proceeds from private
placement
$6,400,000
Net cash provided by
financing activities
$254,282,707
Canceled cashflow
$5,117,293
Net increase in cash
$739,810
Canceled cashflow
$253,542,897
Cash paid for
underwriting fee
$4,400,000
Payment of offering
costs
$717,293
Net income (loss)
$4,782,280
Increase in due to sponsor
$66,899
Increase in accounts
payable
$64,139
Net cash used in
financing activities
-$253,000,000
Net cash used in
(provided by) operating...
-$542,897
Canceled cashflow
$4,913,318
Cash deposited in
trust account
-$253,000,000
Interests earned on
investments held in trust...
$5,327,825
Prepaid insurance
current
$85,596
Prepaid insurance long
term
$42,794
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Cash Flow
source: myfinsight.com
Pioneer Acquisition I Corp (PACHW)
Pioneer Acquisition I Corp (PACHW)