AMC Robotics Corp
For the period ended Dec 31, 2024. Filed Apr 14, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Apr 14, 2025
AMCI$1.05-4.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Statements of Cash Flows
| For the Year Ended December 31, | |||
|---|---|---|---|
| 2024 · 2023 | |||
| Cash flows from operating activities: | |||
| Net income | $1,710,959 | 2,904,174 | |
| Adjustments to reconcile net income to net cash used in operating activities: | |||
| Trust investment income | (2,674,089) | (3,580,311) | |
| Unrealized loss on investments held in trust account | 92,316 | - | |
| Changes in operating assets and liabilities: | |||
| Prepaid expense | 122,423 | 80,578 | |
| Accounts payable and accrued offering costs and expenses | 590,780 | (34,916) | |
| Other payable | 125,000 | - | |
| Promissory note – related party | 19,620 | - | |
| Promissory note – third party | 43,646 | - | |
| Net cash provided by (used in) operating activities | 30,655 | (630,475) | |
| Cash flows from investing activities: | |||
| Cash deposited to trust account | (495,000) | (165,000) | |
| Cash deposited to trust escrow account | (55,000) | - | |
| Cash withdrawn from trust account in connection with redemption | 35,956,676 | 23,282,936 | |
| Net cash provided by investing activities | 35,406,676 | 23,117,936 | |
| Cash flows from financing activities: | |||
| Proceeds from promissory note – related party | 55,000 | 165,000 | |
| Proceeds from promissory note – third party | 440,000 | - | |
| Redemption of ordinary shares | (35,956,676) | (23,282,936) | |
| Net cash used in financing activities | (35,461,676) | (23,117,936) | |
| Net change in cash | (24,345) | (630,475) | |
| Cash at beginning of period | 28,560 | 659,035 | |
| Cash at end of period | $4,215 | 28,560 | |
| Supplemental disclosure of noncash investing and financing activities | |||
| Accretion for ordinary shares subject to redemption amount | $3,131,773 | $3,580,311 | |
| Accrued expenses converted to promissory note– related party | $267,426 | $ | - |
| Accrued expenses converted to promissory note – third party | $48,164 | $ | - |
| Prepaid expenses paid by promissory note – third party | $91,639 | $ | - |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.