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STATEMENT OF CASH FLOWS
4 Months Ended
Dec. 31, 2020
USD ($)
Cash Flows from Operating Activities:  
Net loss $ (17,427,663)
Adjustments to reconcile net loss to net cash used in operating activities:  
Non-cash compensation to Sponsor 593,330
Offering costs associated with derivative warrant liabilities 1,073,940
Change in fair value of derivative warrant liabilities 15,515,670
Income from investments held in Trust Account (3,572)
Changes in operating assets and liabilities:  
Prepaid expenses (421,980)
Accrued expenses 25,732
Franchise tax payable 65,255
Net cash used in operating activities (579,288)
Cash Flows from Investing Activities  
Cash deposited in Trust Account (345,000,000)
Net cash used in investing activities (345,000,000)
Cash Flows from Financing Activities:  
Expenses paid by Sponsor through related party note 8,322
Repayment of note payable to related party (171,903)
Proceeds received from initial public offering, gross 345,000,000
Proceeds received from private placement 8,900,000
Offering costs paid (7,544,306)
Net cash provided by financing activities 346,217,113
Net increase in cash 637,825
Cash - end of the period 637,825
Supplemental disclosure of noncash financing activities:  
Prepaid expenses included in notes payable - related party 26,800
Offering costs included in accounts payable 15,450
Offering costs included in accrued expenses 83,700
Deferred underwriting commissions in connection with the initial public offering 12,075,000
Initial value of common stock subject to possible redemption 301,216,190
Change in value of common stock subject to possible redemption (15,800,160)
Note Payable - Related Party  
Supplemental disclosure of noncash financing activities:  
Offering costs included in note payable - related party 136,781
Class B  
Cash Flows from Financing Activities:  
Proceeds from issuance of Class B common stock to Sponsor $ 25,000