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Proceeds from sale of
units, net of...
$224,825,000
Proceeds from sale of
private placement units
$6,600,000
Underwriters reimbursement
$575,000
Net cash provided by
financing activities
$231,557,506
Canceled cashflow
$442,494
Net change in cash
$1,277,337
Canceled cashflow
$230,280,169
Payment of offering
costs
$344,300
Repayment of promissory
note - related party
$98,194
Share-based compensation
expense
$1,023,997
Net income
$207,678
Accounts payable and
accrued expenses
$91,037
Payment of general and
administrative costs through...
$12,420
Formation costs paid
through promissory note...
$4,697
Net cash used in
investing activities
-$230,000,000
Net cash used in
operating activities
-$280,169
Canceled cashflow
$1,339,829
Investment of cash in trust
account
$230,000,000
Interest earned on
marketable securities held...
$1,376,013
Long term prepaid
insurance
$128,333
Unrealized gain on
marketable securities held...
$91,876
Prepaid expenses
$23,776
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Cash Flow
source: myfinsight.com
Viking Acquisition Corp I (VACI-WT)
Viking Acquisition Corp I (VACI-WT)