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Proceeds from sale of
units, net of...
$169,050,000
Underwriters reimbursement
$2,700,000
Proceeds from sale of
private placement units
$2,550,000
Proceeds from ipo
promissory note - related...
$8,000
Net cash provided by
financing activities
$174,018,276
Canceled cashflow
$289,724
Net change in cash
$1,269,764
Canceled cashflow
$172,748,512
Payment of offering
costs
$289,724
Net income
$104,840
Payment of operating
costs through ipo...
$36,220
Accrued expenses
$27,833
Net cash used in
investing activities
-$172,500,000
Net cash used in
operating activities
-$248,512
Canceled cashflow
$168,893
Investment of cash in trust
account
$172,500,000
Interest earned on
marketable securities held...
$278,783
Long term prepaid
insurance
$126,133
Prepaid expenses
$12,489
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Cash Flow
source: myfinsight.com
SC II Acquisition Corp. (SCIIR)
SC II Acquisition Corp. (SCIIR)