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Proceeds from sale of
units, net of...
$196,000,000
Proceeds from sale of
private placements...
$6,119,381
Proceeds from promissory
note - related party
$115,333
Net cash provided by
financing activities
$201,814,330
Canceled cashflow
$420,384
Net change in cash
$1,600,031
Canceled cashflow
$200,214,299
Payment of offering
costs
$420,384
Share-based compensation
expense
$346,500
Payment of formation,
general, and...
$46,140
Payment of formation,
general, and...
$25,000
Accrued expenses
$14,572
Net cash used in
investing activities
-$200,000,000
Net cash used in
operating activities
-$214,299
Canceled cashflow
$432,212
Investment of cash in trust
account
$200,000,000
Net loss
-$343,073
Prepaid insurance
$146,722
Interest earned on
investments held in trust...
$119,181
Change in fair value of
overallotment liability
-$23,900
Prepaid expenses
$13,635
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Cash Flow
source: myfinsight.com
Silicon Valley Acquisition Corp. (SVAQW)
Silicon Valley Acquisition Corp. (SVAQW)