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Proceeds from sale of
units, net of...
$172,600,000
Proceeds from sale of
private warrants
$5,275,000
Underwriters reimbursement
$480,000
Net cash provided by
financing activities
$177,663,527
Canceled cashflow
$691,473
Net change in cash
$1,196,563
Canceled cashflow
$176,466,964
Payment of offering
costs
$466,548
Repayment of promissory
noterelated party
$224,925
Compensation expense
$400,000
Net income
$103,277
Accrued expenses
$67,706
Payment of operation
costs through...
$5,060
Net cash used in
investing activities
-$175,875,000
Net cash used in
operating activities
-$591,964
Canceled cashflow
$576,043
Investment of cash in trust
account
$175,875,000
Interest earned on
investments held in trust...
$728,239
Long-term prepaid
insurance
$240,999
Prepaid expenses and
insurance
$145,369
Change in fair value of
over-allotment option...
-$53,400
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Cash Flow
Patriot Acquisition Corp. CI (PTACW)
Patriot Acquisition Corp. CI (PTACW)
source: myfinsight.com