InFinT Acquisition Corp

For the period ended Mar 31, 2024. Filed May 21, 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 21, 2024

CURR$1.89-0.5%Stored close · as of Nov 10, 2026

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Contents

Condensed Statements of Cash Flows (Unaudited)

CONDENSED STATEMENT OF CASH FLOWS (UNAUDITED)

	For the Three Months Ended March 31,
	2024	2023
Cash flows from operating activities:
Net income	$590,103	$998,238
Adjustments to reconcile net loss to net cash used in operating activities:
Interest earned on securities held in Trust Account	(949,100)	(1,631,158)
Changes in operating assets and liabilities:
Prepaid insurance	-	94,553
Accrued expenses	47,240	337,730
Accrued expenses – related party	36,000	70,719
Net cash used in operating activities	(275,757)	(129,918)
Cash flows from investing activities:
Cash withdrawn from Trust Account in connection with redemption	30,285,815	109,309,854
Investment of cash in Trust Account	(320,000)	(580,000)
Net cash provided by investing activities	29,965,815	108,729,854
Cash flows from financing activities:
Proceeds from promissory note- Seamless Note	241,706	-
Redemption of Class A ordinary shares	(30,285,815)	(109,309,854)
Contribution for extension	320,000	580,000
Net cash used in financing activities	(29,724,109)	(108,729,854)
Net change in cash	(34,051)	(129,918)
Cash at beginning of period	43,509	271,467
Cash at end of period	$9,458	$141,549
Non-cash investing and financing activities:
Accretion of Class A ordinary shares to redemption value	$1,269,100	$2,211,158

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.