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Proceeds from promissory
note - related party
$500,000
something is missing
$200,000
Due to target
company
$100,000
Due to related party
$15,806
Net cash provided by
financing activities
$115,806
Canceled cashflow
$700,000
Net changes in cash
-$252,020
Canceled cashflow
$115,806
Net income (loss)
$802,493
Accrued expenses
$111,468
Repayment of promissory
note - related party
$700,000
Net cash used in
operating activities
-$367,826
Canceled cashflow
$913,961
Interest earned on
investments held in trust...
$888,798
something is missing
-$287,857
Prepaid expenses
$105,132
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Cash Flow
source: myfinsight.com
Pelican Acquisition Corp (PELIU)
Pelican Acquisition Corp (PELIU)