XML 47 R7.htm IDEA: XBRL DOCUMENT v3.20.1
STATEMENT OF CASH FLOWS - USD ($)
4 Months Ended 12 Months Ended
Dec. 31, 2018
Dec. 31, 2019
Cash flows from operating activities:    
Net income/(loss) $ (21,985) $ 5,445,176
Changes in state franchise tax accrual 1,431 198,569
Changes in prepaid assets   (136,399)
Changes in deferred offering costs (437,375) 437,375
Changes in current income tax   1,102,662
Changes in deferred income tax   (2,353)
Changes in accrued expenses, formation and offering costs 335,418 (282,215)
Net cash provided by/(used in) operating activities (122,511) 6,762,815
Cash flows from investing activities:    
Cash deposited in Trust Account   (400,000,000)
Interest reinvested in Trust Account   (6,434,959)
Net cash used in investing activities   (406,434,959)
Cash flows from financing activities:    
Proceeds from notes and advances payable - related party 150,000  
Proceeds from sale of Class F common stock to Sponsor 25,000  
Proceeds from sale of Units in initial public offering   400,000,000
Proceeds from sale of Private Placement Warrants to Sponsor   10,000,000
Repayment of notes and advances payable – related party   (150,000)
Payment of underwriter's discounts and commissions   (8,000,000)
Payment of accrued offering costs   (865,105)
Net cash provided by financing activities 175,000 400,984,895
Increase in cash 52,489 1,312,751
Cash at beginning of period   52,489
Cash at end of period $ 52,489 1,365,240
Supplemental disclosure of non-cash financing activities:    
Deferred underwriting compensation   14,000,000
Cash paid for income and state franchise taxes   $ 342,729