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Proceeds from sale of
units, net of...
$14,700,000
Proceeds from private
placements units
$300,000
Net cash provided by
financing activities
$14,961,575
Canceled cashflow
$38,425
Net change in cash
-$183,498
Canceled cashflow
$14,961,575
Net income
$1,668,980
Accrued expenses
$240,526
Due to sponsor
$20,547
Prepaid insurance
-$18,572
Repayment of advances from
related party
-$30,925
Payment of offering
costs
$7,500
Net cash used in
investing activities
-$15,000,000
Net cash used in
operating activities
-$145,073
Canceled cashflow
$1,948,625
Investment of cash in trust
account
$15,000,000
Interest earned on
investments held in trust...
$1,938,974
Change in fair value of
over-allotment liability
-$95,150
Prepaid expenses
$59,574
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Cash Flow
Silicon Valley Acquisition Corp. (SVAQW)
Silicon Valley Acquisition Corp. (SVAQW)
source: myfinsight.com