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Proceeds from sale of
public units
$115,000,000
Proceeds from sale of
private placement units
$2,900,000
Proceeds from promissory
note - related party
$30,825
Net cash provided by
financing activities
$117,160,280
Canceled cashflow
$770,545
Net change in cash
$1,974,500
Canceled cashflow
$115,185,780
Payment of underwriting
commissions
-$431,250
Payment of offering
costs
$339,295
Net income
$547,961
Accrued administrative
services fee related...
-$20,000
Other payable
$49
Net cash used in
investing activities
-$115,000,000
Net cash used in
operating activities
-$185,780
Canceled cashflow
$568,010
Investment of cash in trust
account
$115,000,000
Interest earned on
investments held in trust...
$627,232
Prepaid expenses and
other current assets
$126,558
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Cash Flow
White Pearl Acquisition Corp. (WPAC-UN)
White Pearl Acquisition Corp. (WPAC-UN)
source: myfinsight.com