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CONDENSED STATEMENT OF CASH FLOWS
6 Months Ended
Dec. 31, 2020
USD ($)
Cash Flows from Operating Activities:  
Net loss $ (18,897,292)
Adjustments to reconcile net loss to net cash used in operating activities:  
Change in fair value of warrant liability 18,347,920
Transaction costs associated with IPO 345,956
Interest earned on marketable securities held in Trust Account (38,270)
Unrealized loss on marketable securities held in Trust Account 2,627
Changes in operating assets and liabilities:  
Prepaid expenses (156,325)
Accounts payable and accrued expenses 153,410
Net cash used in operating activities (241,974)
Cash Flows from Investing Activities:  
Investment of cash into Trust Account (202,404,000)
Net cash used in investing activities (202,404,000)
Cash Flows from Financing Activities:  
Proceeds from issuance of Class B common stock to Sponsor 25,000
Proceeds from sale of Units, net of underwriting discounts paid 196,392,000
Proceeds from sale of Private Placement Warrants 7,762,000
Proceeds from promissory note - related party 185,047
Payment of offering costs (412,768)
Net cash provided by financing activities 203,951,279
Net Change in Cash 1,305,305
Cash - End of period 1,305,305
Non-Cash investing and financing activities:  
Initial classification of Class A common stock subject to possible redemption 191,748,712
Change in value of Class A common stock subject to possible redemption (29,039,199)
Deferred underwriting fee payable $ 7,014,000