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Proceeds from sale of
units, net of...
$245,000,000
Proceeds from sale of
private placement...
$6,898,913
Net cash provided by
financing activities
$251,094,862
Canceled cashflow
$804,051
Net change in cash
$700,000
Canceled cashflow
$250,394,862
Payment of offering
costs
$514,550
Repayment of promissory
note - related party
$289,501
Net income
$1,147,810
Accrued expenses
$244,110
Formation, general, and
administrative costs paid...
$24,075
Net cash used in
investing activities
-$250,000,000
Net cash used in
operating activities
-$394,862
Canceled cashflow
$1,415,995
Investment of cash into
trust account
$250,000,000
Interest earned on cash
held in trust account
$1,404,038
Change in fair value of
over-allotment liability
-$197,200
Prepaid expenses
$114,234
Long term prepaid
insurance
$95,385
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Cash Flow
RRE Ventures Acquisition Corp. (RREVU)
RRE Ventures Acquisition Corp. (RREVU)
source: myfinsight.com