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Statement of Cash Flows
7 Months Ended
Dec. 31, 2019
USD ($)
Cash Flows from Operating Activities:  
Net income $ 62,359
Adjustments to reconcile net income to net cash used in operating activities:  
Interest earned on marketable securities held in Trust Account (346,011)
Changes in operating assets and liabilities:  
Prepaid expenses (268,616)
Accrued expenses 147,742
Income taxes payable 47,567
Net cash used in operating activities (356,959)
Cash Flows from Investing Activities:  
Investment of cash into Trust Account (172,500,000)
Net cash used in investing activities (172,500,000)
Cash Flows from Financing Activities  
Proceeds from sale of Units, net of underwriting discounts paid 169,050,000
Proceeds from sale of Placement Units 5,450,000
Repayment of promissory note - related party (222,725)
Payment of offering costs (327,132)
Net cash provided by financing activities 173,950,143
Net Change in Cash 1,093,184
Cash - Beginning of period
Cash - End of period 1,093,184
Supplemental Disclosure of Non-Cash Investing and Financing activities:  
Initial classification of common stock subject to possible redemption 162,038,390
Change in value of common stock subject to possible redemption 74,110
Deferred underwriting fee payable 6,900,000
Payment of offering costs through promissory note 222,725
Offering costs paid directly by Sponsor from proceeds from issuance of Class B common stock $ 25,000