Trinity merger corp. (TMCX)
CashFlow / Yearly
Dec'18
Cash Flows from Operating Activities:
Net (loss) income

3,145

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

4,533

Changes in operating assets and liabilities:
Prepaid expenses

47

Accounts payable and accrued expenses

130

Income tax payable

36

Net cash used in operating activities

-1,269

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

351,900

Amount of cash withdrawn from trust account.

800

Net cash provided by (used in) investing activities

-351,099

Cash Flows from Financing Activities:
Proceeds from issuance of Class B common stock to Sponsor

25

Proceeds from sale of Units, net of underwriting discounts paid

341,550

Proceeds from sale of Private Placement Warrants

12,350

Proceeds from promissory note - related party

213

Repayment of debt to related party

213

Payment of offering costs

905

Net cash provided by financing activities

353,019

Net Change in Cash

650

Supplementary cash flow information:
Cash paid for income taxes

800

Supplemental disclosure of non-cash investing and financing activities:
The amount of initial classification of common stock subject to redemption from noncash transactions.

332,485

The amount of change in value of common stock subject to redemption from noncash transactions.

3,154

The amount of deferred underwriting fee charged to additional paid in capital from noncash transactions.

15,525