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STATEMENT OF CASH FLOWS
11 Months Ended
Dec. 31, 2019
USD ($)
Cash Flows from Operating Activities:  
Net income $ 2,997,981
Adjustments to reconcile net income to net cash used in operating activities:  
Interest earned on marketable securities held in Trust Account (4,311,667)
Unrealized gain on marketable securities held in Trust Account (51,053)
Deferred tax liability 10,721
Changes in operating assets and liabilities:  
Prepaid expenses (194,902)
Accounts payable and accrued expenses 116,666
Income tax payable 786,210
Net cash used in operating activities (646,044)
Cash Flows from Investing Activities:  
Investment of cash in Trust Account (400,000,000)
Net cash used in investing activities (400,000,000)
Cash Flows from Financing Activities:  
Proceeds from issuance of common stock to initial stockholders 25,000
Proceeds from sale of Units, net of underwriting discounts paid 393,000,000
Proceeds from sale of Placement Warrants 9,000,000
Proceeds from promissory notes – related parties 270,000
Repayment of promissory notes – related parties (270,000)
Payment of offering costs (562,030)
Net cash provided by financing activities 401,462,970
Net Change in Cash 816,926
Cash – February 13, 2019 (inception)
Cash – Ending 816,926
Non-Cash investing and financing activities:  
Deferred underwriting fees 15,000,000
Initial classification of common stock subject to redemption 381,458,796
Change in value of common stock subject to redemption $ 3,002,155