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CONDENSED STATEMENT OF CASH FLOWS
9 Months Ended
Sep. 30, 2020
USD ($)
Cash Flows from Operating Activities:  
Net loss $ (298,484)
Adjustments to reconcile net loss to net cash used in operating activities:  
Interest earned on investments held in Trust Account (194,901)
Changes in operating assets and liabilities:  
Prepaid expenses (202,187)
Accounts payable 1,329
Accrued expenses 26,500
Accrued expenses - related parties 17,500
Franchise tax payable 149,300
Net cash used in operating activities (500,943)
Cash Flows from Investing Activities  
Principal deposited in Trust Account (230,000,000)
Net cash used in investing activities (230,000,000)
Cash Flows from Financing Activities:  
Proceeds received from note payable to related party 200,000
Repayment of note payable to related party (200,000)
Proceeds received from initial public offering, gross 230,000,000
Proceeds received from private placement 5,600,000
Offering costs paid (4,125,486)
Net cash provided by financing activities 231,474,514
Net increase in cash 973,571
Cash - beginning of the period 25,000
Cash - end of the period 998,571
Supplemental disclosure of noncash activities:  
Deferred underwriting commissions in connection with the initial public offering 6,300,000
Initial value of Class A common stock subject to possible redemption 220,164,430
Change in value of Class A common stock subject to possible redemption $ (265,710)