Freenome, Inc.
For the period ended Dec 31, 2024. Filed Mar 19, 2025.
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FY2024 · Filed Mar 19, 2025
FRNM$10.57+3.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Statement of Cash Flows
| Cash Flows from Operating Activities: | |
|---|---|
| Net income | $1,910,392 |
| Adjustments to reconcile net income to net cash used in operating activities: | |
| Payment of operating costs through promissory note | 44,577 |
| Interest earned on investments held in Trust Account | (2,366,001) |
| Unrealized gain on investments held in Trust Account | (38,396) |
| Changes in operating assets and liabilities: | |
| Prepaid expenses | (115,006) |
| Accrued expenses | 210,811 |
| Net cash used in operating activities | (353,623) |
| Cash Flows from Investing Activities: | |
| Investment of cash in Trust Account | (86,250,000) |
| Net cash used in investing activities | (86,250,000) |
| Cash Flows from Financing Activities: | |
| Proceeds from sale of shares, net of underwriting discounts paid | 84,525,000 |
| Proceeds from sale of Private Placement Shares | 2,862,500 |
| Underwriter reimbursement | 862,500 |
| Repayment of promissory note – related party | (157,056) |
| Payment of offering costs | (359,637) |
| Net cash provided by financing activities | 87,733,307 |
| Net Change in Cash | 1,129,684 |
| Cash – Beginning of period | — |
| Cash – End of period | $1,129,684 |
| Noncash investing and financing activities: | |
| Deferred offering costs paid directly by Sponsor in exchange for the issuance of Class B ordinary shares | $25,000 |
| Deferred offering costs paid through promissory note - related party | $112,479 |
| Deferred underwriting fee payable | $3,450,000 |
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