Union acquisition corp. (LTN)
CashFlow / Yearly
Jan'19
Cash Flows from Operating Activities:
Net income (loss)

742

Adjustments to reconcile net income (loss) to net cash used in operating activities:
Dividend income on marketable securities held in Trust Account

1,714

Changes in operating assets and liabilities:
Prepaid expenses

120

Accounts payable and accrued expenses

92

Net cash used in operating activities

-1,000

Cash Flows from Investing Activities:
Investment of cash in Trust Account

116,150

Net cash used in investing activities

-116,150

Cash Flows from Financing Activities:
Proceeds from sale of Units, net of underwriting discounts paid

112,700

Proceeds from sale of Private Placement Warrants

5,200

Repayment of promissory note - related party

200

Payment of offering costs

324

Net cash provided by financing activities

117,375

Net Change in Cash and Cash Equivalents

224

Non-cash Investing and Financing Activities:
Initial classification of ordinary shares subject to possible redemption

112,487

Change in value of ordinary shares subject to possible redemption

742