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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS
9 Months Ended
Sep. 30, 2020
USD ($)
Cash Flows from Operating Activities:  
Net loss $ (6,961,179)
Adjustments to reconcile net loss to net cash used in operating activities:  
Interest earned on cash equivalents held in Trust Account (4,375,998)
Unrealized loss on marketable securities held in Trust Account 0
Changes in operating assets and liabilities:  
Prepaid expenses (297,692)
Income taxes payable 310,298
Accrued expenses 8,759,046
Net cash used in operating activities (2,565,525)
Cash Flows from Investing Activities:  
Investment of cash in Trust Account (1,100,000,000)
Cash withdrawn for tax payments 350,000
Net cash used in investing activities (1,099,650,000)
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 convertible promissory note 1,500,000
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 1,105,370,980
Net Change in Cash 3,155,455
Cash - Beginning of period 34,000
Cash - End of period 3,189,455
Supplemental cash flow information:  
Cash paid for income taxes 350,000
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 (6,947,612)
Deferred underwriting fee payable $ 38,500,000