$MCAG Cashflow Statement | Understand Stock

$MCAG

$13.27 +$0.98 (7.97%) Close

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Financial Statements

Income Statement Balance Sheet Cashflow Statement

Statements of cash flows

In millions of USD; shares in millions, except per-share amounts

	FY2025 12 months to Dec 31, 2025	FY2024 12 months to Dec 31, 2024	FY2023 12 months to Dec 31, 2023	FY2022 12 months to Dec 31, 2022	FY2021 9 months to Dec 31, 2021
Cash Flows from Operating Activities:
Net loss
Adjustments to reconcile net loss to net cash used in operating activities:
Interest earned on investments held in Trust Account
Interest expense
Forgiveness of debt
Prepaid expenses and deferred expenses
Accounts payable and accrued expenses
Excise tax payable
Income taxes payable
Net cash used in operating activities
Cash Flows from Investing Activities:
Investment of cash into Trust Account
Cash withdrawn from Trust Account to pay franchise and income taxes
Cash withdrawn from Trust Account in connection with redemption
Net cash provided by investing activities
Cash Flows from Financing Activities:
Proceeds from issuance of common stock to Sponsor
Payment of underwriter compensation
Proceeds from sale of Units, net of underwriting discounts paid
Proceeds from sale of Private Units
Repayment of promissory note – related party
Payment of offering costs
Proceeds from promissory note – related party
Proceeds from convertible promissory note – related party
Repayment of promissory note
Redemption of common stock
Net cash provided by (used in) financing activities

Net Change in Cash
Cash – Beginning of period
Cash – End of period
Non-Cash Investing and Financing Activities:
Offering costs included in accrued offering costs
Issuance of Representative Shares
Offering costs paid through promissory note
Accretion to Class A common stock subject to possible redemption
Accretion for common stock subject to redemption amount
Deferred underwriting fee payable
Conversion of accounts payable to promissory notes
Conversion of vendor liability
Prepaid expenses
Accounts payable and accrued expenses
Accretion for common stock to redemption amount
Excise tax payable attributable to redemption of common stock
Reversal of excise tax payable attributable to redemption of common stock
Conversion of promissory note – related party
Prepaid expenses and deferred expenses – unamortized part of annual service fee
Accounts payable for prepaid expenses and deferred expenses – unamortized part of annual service fee

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