National energy services reunited corp. (NESR)
CashFlow / Yearly
Dec'17
Cash Flows from Operating Activities:
Net income

-2,864

Adjustments to reconcile net income to net cash provided by operating activities:
Change in fair value of deferred underwriting fee liability

10

Unrealized loss on marketable securities held in Trust Account

-2

Interest earned on marketable securities held in Trust Account

1,339

Changes in operating assets and liabilities:
(Increase) in prepaid expenses

127

Accrued expenses

3,473

Net cash provided by operating activities

-865

Investment of cash in Trust Account

229,217

Net cash used in investing activities

-229,217

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

225,202

Proceeds from sale of Private Warrants

6,309

Advances from related party

193

Proceeds from advance from related party

192

Proceeds from promissory note related parties

299

Repayment of promissory note related party

299

Redemption of ordinary shares

714

Proceeds from issuance of shares

25

Net cash provided by (used in) financing activities

230,823

Net increase in cash

741

Supplemental disclosure of cash flow information
Deferred underwriting fee payable

9,032

Initial classification of ordinary shares subject to possible redemption

163,294

Change in value of ordinary shares subject to possible redemption

987