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Unaudited Condensed Statements of Cash Flows
6 Months Ended
Jun. 30, 2020
USD ($)
Cash Flows from Operating Activities:  
Net loss $ (344,629)
Adjustments to reconcile net loss to net cash used in operating activities:  
General and administrative expenses paid by related party under note agreement 70,123
Interest earned on marketable securities held in Trust Account (41,768)
Changes in operating assets and liabilities:  
Prepaid expenses (79,318)
Accounts payable (94,294)
Accrued expenses 17,000
Net cash used in operating activities (472,886)
Cash Flows from Investing Activities  
Cash deposited in Trust Account (300,000,000)
Net cash used in investing activities (300,000,000)
Cash Flows from Financing Activities:  
Proceeds received from initial public offering, gross 300,000,000
Proceeds from private placement 9,500,000
Offering costs paid (6,702,088)
Repayment of note payable from related party (162,979)
Net cash provided by financing activities 302,634,933
Net change in cash 2,162,047
Cash - beginning of the period
Cash - end of the period 2,162,047
Supplemental disclosure of noncash investing and financing activities:  
Prepaid expenses included in accounts payable 244,444
Offering costs included in accrued expenses 85,000
Offering costs included in note payable 92,856
Use of retainer for offering costs (3,271)
Deferred underwriting commissions in connection with the initial public offering 10,500,000
Forfeiture of Class B ordinary shares 113
Initial value of Class A ordinary shares subject to possible redemption 287,041,190
Change in value of Class A ordinary shares subject to possible redemption $ (254,200)