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Statement of Cash Flows
11 Months Ended
Dec. 31, 2020
USD ($)
Cash Flows from Operating Activities:  
Net loss $ (2,585,377)
Adjustments to reconcile net loss to net cash used in operating activities:  
Interest earned on marketable securities held in Trust Account (99,990)
Change in fair value of warrant liability 475,641
Transaction costs incurred in connection with IPO 353
Unrealized gain on marketable securities held in Trust Account (8,809)
Changes in operating assets and liabilities:  
Prepaid expenses and other current assets (128,541)
Accrued expenses 2,041,838
Net cash used in operating activities (304,885)
Cash Flows from Investing Activities:  
Investment in Trust Account (229,775,680)
Net cash used in investing activities (229,775,680)
Cash Flows from Financing Activities:  
Proceeds from sale of Units, net of underwriting discounts paid 225,180,170
Proceeds from sale of Private Placement Units 5,945,510
Advances from related party 75,000
Repayment of advances from related party (75,000)
Proceeds from promissory note – related party 133,000
Repayment of promissory note – related party (133,000)
Payment of offering costs (495,720)
Net cash provided by financing activities 230,629,960
Net Change in Cash 549,395
Cash – Beginning of period
Cash – End of period 549,395
Non-Cash investing and financing activities:  
Initial classification of common stock subject to possible redemption 219,345,620
Change in value of common stock subject to possible redemption 3,544,750
Offering costs paid directly by Sponsor from proceeds from issuance of common stock 25,000
Issuance of Representative Shares 820
Forfeiture of Founder Shares $ (1)