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Condensed Statement of Cash Flows (Unaudited)
5 Months Ended
Jun. 30, 2020
USD ($)
OPERATING ACTIVITIES  
Net loss $ (157,396)
Adjustments to reconcile net loss to net cash and cash equivalents used in operating activities:  
Interest earned on cash and marketable securities held in Trust Account (7,715)
Interest receivable on cash and marketable securities held in Trust Account (13,262)
Change in operating assets and liabilities:  
Prepaid expenses (136,648)
Other non-current assets (101,834)
Accounts payable 6,918
Payable to related parties 5,343
Accrued liabilities 43,523
Other current liabilities 6,259
Net cash and cash equivalents used in operating activities (354,812)
INVESTING ACTIVITIES  
Investment of cash in Trust Account (202,000,000)
Net cash and cash equivalents used in investing activities (202,000,000)
FINANCING ACTIVITIES  
Proceeds from sale of common stock to Founder 25,000
Proceeds from sale of common stock in initial public offering, net of underwriting discounts paid 196,000,000
Borrowing from a related party 100,000
Repayment of borrowing from a related party (100,000)
Payment of deferred offering costs (647,907)
Net cash and cash equivalents provided by financing activities 204,311,883
Net change in cash and cash equivalents during period 1,957,071
Cash and cash equivalents, end of period 1,957,071
SUPPLEMENTAL DISCLOSURE OF NON-CASH FINANCING ACTIVITIES  
Offering costs included in accrued liabilities 100,000
Change in value of common stock subject to possible redemption 3,802,386
Founders  
FINANCING ACTIVITIES  
Proceeds from sale of common stock to private placement 6,500,000
Underwriters  
FINANCING ACTIVITIES  
Proceeds from sale of common stock to private placement $ 2,434,790