XML 13 R2.htm IDEA: XBRL DOCUMENT v3.20.2
BALANCE SHEETS - USD ($)
Jun. 30, 2020
Dec. 31, 2019
CURRENT ASSETS:    
Cash and cash equivalents $ 541,719 $ 1,120
Deferred offering costs   411,374
Prepaid Assets 320,924  
Total current assets 862,643 412,494
Deferred tax asset 8,210  
Investments and cash held in Trust Account 426,051,648  
Total assets 426,922,501 412,494
Current liabilities:    
Accrued expenses, formation and offering costs 56,660 274,666
State franchise tax accrual 100,000 1,830
Income tax payable 122,318  
Notes and advances payable – related party   150,000
Total current liabilities 278,978 426,496
Deferred underwriting compensation 14,875,000  
Total liabilities 15,153,978 426,496
Commitments and Contingencies:
Class A subject to possible redemption, 40,676,852 and -0- shares at June 30, 2020 and December 31, 2019, respectively (at redemption value of $10 per share) 406,768,520  
Stockholders’ equity:    
Preferred stock, $0.0001 par value; 1,000,000 shares authorized, none issued or outstanding
Additional paid-in-capital 4,569,492 23,850
Retained earnings/(Accumulated deficit) 429,266 (39,002)
Total stockholders’ equity 5,000,003 (14,002)
Total liabilities and stockholders’ equity 426,922,501 412,494
Class A Common Stock    
Stockholders’ equity:    
Common stock value 182  
Total stockholders’ equity 182  
Class F Common Stock    
Stockholders’ equity:    
Common stock value 1,063 1,150
Total stockholders’ equity $ 1,063 $ 1,150