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Proceeds from sale of
units, net of...
$244,260,000
Proceeds from sale of
private placement units
$7,790,000
Underwriters reimbursement
-$700,000
Proceeds from promissory
note - related party
$83,927
Proceeds from issuance of
class b ordinary...
$25,000
Net cash provided by
financing activities
$252,337,579
Canceled cashflow
$521,348
Net change in cash
$2,872,627
Canceled cashflow
$249,464,952
Payment of offering
costs
$397,485
Repayment of promissory
note - related party
$83,927
Repayment of advances from
related party
-$39,936
Net income
$2,625,175
Cash withdrawn from
trust account for...
$75,921
Compensation expense
$74,000
Accounts payable and
accrued expenses
$53,702
Payment of general and
administrative costs through...
$10,420
Net cash used in
investing activities
-$249,000,000
Net cash used in
operating activities
-$464,952
Canceled cashflow
$2,839,218
Investment of cash in trust
account
$249,000,000
Interest earned on cash
held in trust account
$3,171,560
Prepaid expenses
$80,943
Long-term prepaid
insurance
$51,667
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source: myfinsight.com
Talon Capital Corp. (TLNC)
Talon Capital Corp. (TLNC)