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Cash Flow
Westin Acquisition Corp (WSTN)
Westin Acquisition Corp (WSTN)
source: myfinsight.com
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Proceeds from sale of
public units through...
$57,500,000
Proceeds from ordinary
shares issued in...
$2,350,000
Net cash provided by
financing activities
$58,150,000
Canceled cashflow
$1,700,000
Net change in cash
$361,629
Canceled cashflow
$57,788,371
Payment of offering
costs
$1,700,000
Net income
$505,380
Accrued expenses
$62,002
Formation costs paid by
sponsor
$4,340
Net cash used in
investing activity
-$57,500,000
Net cash used in
operating activities
-$288,371
Canceled cashflow
$571,722
Purchase of marketable
securities held in trust...
$57,500,000
Income earned on
marketable securities held...
$860,093
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