AlphaVest Acquisition Corp

For the period ended Mar 31, 2024. Filed May 20, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2024 · Filed May 20, 2024

AMCI$0.99-5.7%Stored close · as of Nov 10, 2026

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Contents

Unaudited Statements of Cash Flows

Three Months Ended March 31, 2024 · Three Months Ended March 31, 2023
Cash flows from operating activities:
Net income	$349,241		644,898
Adjustments to reconcile net income to net cash used in operating activities:
Trust investment income	(678,480)		(802,992)
Unrealized loss on investments held in trust account	92,316		-
Changes in operating assets and liabilities:
Prepaid expense	37,522		28,468
Accounts payable and accrued offering costs and expenses	170,097		(218,459)
Promissory note – related party	14,535		-
Net cash used in operating activities	(14,769)		(348,085)
Cash flows from investing activities:
Cash deposited to trust escrow account	(55,000)		-
Net cash used in investing activities	(55,000)		-
Cash flows from financing activities:
Proceeds from promissory note - related party	55,000		-
Net cash provided by financing activities	55,000		-
Net change in cash	(14,769)		(348,085)
Cash at beginning of period	28,560		659,035
Cash at end of period	$13,791		310,950
Supplemental disclosure of noncash investing and financing activities
Accretion for ordinary shares subject to redemption amount	$586,164		$841,220
Accrued expenses converted to promissory note	$51,367	$	-

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.