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CONDENSED STATEMENT OF CASH FLOWS
6 Months Ended
Jun. 30, 2020
USD ($)
Cash Flows from Operating Activities:  
Net income $ 1,696,498
Adjustments to reconcile net income to net cash used in operating activities:  
Interest earned on marketable securities held in Trust Account (4,215,679)
Unrealized loss on marketable securities held in Trust Account 6,366
Deferred tax benefit (1,337)
Changes in operating assets and liabilities:  
Prepaid expenses (398,322)
Accrued expenses 1,510,556
Income taxes payable 452,305
Net cash used in operating activities (949,613)
Cash Flows from Investing Activities:  
Investment of cash in Trust Account (1,100,000,000)
Net cash used in investing activities (1,100,000,000)
Cash Flows from Financing Activities:  
Proceeds from sale of Units, net of underwriting discounts paid 1,081,598,000
Proceeds from sale of Private Placement Warrants 23,000,000
Proceeds from promissory note - related party 209,600
Repayment of promissory note - related party (334,600)
Payment of offering costs (602,020)
Net cash provided by financing activities 1,103,870,980
Net Change in Cash 2,921,367
Cash - Beginning of period 34,000
Cash - End of period 2,955,367
Non-Cash investing and financing activities:  
Initial classification of common stock subject to redemption 1,060,389,960
Change in value of common stock subject to possible redemption 1,710,067
Deferred underwriting fee payable $ 38,500,000