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STATEMENT OF CASH FLOWS (Unaudited)
6 Months Ended
Jun. 30, 2020
USD ($)
Cash flows from operating activities:  
Net Income $ 468,268
Changes in state franchise tax accrual 98,170
Changes in prepaid assets (320,924)
Changes in accrued expenses, formation and offering costs (218,006)
Changes in income tax payable 122,318
Changes in deferred income tax (8,210)
Net cash provided by operating activities 141,616
Cash flows from investing activities:  
Cash deposited in Trust Account (425,000,000)
Interest and dividends reinvested in the Trust Account (1,051,648)
Net cash used in investing activities (426,051,648)
Cash flows from financing activities:  
Proceeds from sale of Units in initial public offering 425,000,000
Proceeds from sale of Private Placement Warrants to Sponsor 10,500,000
Proceeds from notes and advances payable – related party 150,000
Repayment of notes and advances payable – related party (300,000)
Payment of underwriters’ discounts and commissions (8,500,000)
Payment of accrued offering costs (399,369)
Net cash provided by financing activities 426,450,631
Increase in cash 540,599
Cash at beginning of period 1,120
Cash at end of period 541,719
Supplemental disclosure of non-cash financing activities:  
Deferred underwriting compensation 14,875,000
Cash paid for income and state franchise taxes 1,830
Deferred offering costs charged to paid-in capital $ 411,374