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STATEMENT OF CASH FLOWS
4 Months Ended
Dec. 31, 2020
USD ($)
Cash Flows from Operating Activities:  
Net loss $ (17,831,314)
Adjustments to reconcile net loss to net cash used in operating activities:  
General and administrative expenses paid by Sponsor under promissory note 76,983
Net gain from investments held in Trust Account (10,316)
Change in fair value of warrant derivative liabilities 16,168,500
Transaction costs ? derivative warrant liabilities 963,332
Changes in operating assets and liabilities:  
Prepaid expenses (1,884,598)
Accounts payable 28,991
Accrued expenses 508,317
Franchise tax payable 21,788
Net cash used in operating activities (1,958,317)
Cash Flows from Investing Activities  
Cash deposited in Trust Account (345,000,000)
Net cash provided by investing activities (345,000,000)
Cash Flows from Financing Activities:  
Repayment of note payable to related parties (234,633)
Proceeds received from initial public offering, gross 345,000,000
Proceeds received from private placement 9,900,000
Offering costs paid (6,991,470)
Net cash provided by financing activities 347,673,897
Net change in cash 715,580
Cash and cash equivalents - beginning of the period 0
Cash and cash equivalents - end of the period 715,580
Supplemental disclosure of noncash financing activities:  
Offering costs paid by Sponsor in exchange for issuance of Class B common stock 25,000
Offering costs included in accounts payable 346,300
Offering costs included in accrued expenses 80,000
Offering costs paid by related party under promissory note 157,650
Deferred underwriting commissions in connection with the initial public offering 12,075,000
Initial value of Class A common stock subject to possible redemption 303,997,820
Change in value of Class A common stock subject to possible redemption $ (16,731,230)