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STATEMENT OF CASH FLOWS
3 Months Ended
Dec. 31, 2020
USD ($)
Cash Flows from Operating Activities:  
Net loss $ (11,799,629)
Adjustments to reconcile net income to net cash used in operating activities:  
Transaction cost - derivative liabilities 1,126,070
Change in fair value of derivative liabilities 10,659,080
Gain on marketable securities, dividends and interest held in Trust Account (20,525)
Changes in operating assets and liabilities:  
Prepaid expenses (651,605)
Accounts payable 961
Accrued expenses 5,560
Net cash used in operating activities (680,088)
Cash Flows from Investing Activities:  
Cash deposited in Trust Account (414,000,000)
Net cash used in investing activities (414,000,000)
Cash Flows from Financing Activities:  
Repayment of note payable to related parties (130,492)
Proceeds received from initial public offering, gross 414,000,000
Offering costs paid (8,619,770)
Proceeds from sale of Private Placement Warrants 11,080,000
Proceeds from issuance of ordinary shares to initial shareholders 25,000
Net cash provided by financing activities 416,354,738
Net decrease in cash 1,674,650
Cash - end of the period 1,674,650
Supplemental disclosure of noncash investing and financing activities:  
Deferred underwriting commissions charged to additional paid-in capital in connection with the initial public offering 14,490,000
Offering costs included in accrued expenses 410,000
Offering costs charged to additional paid-in capital in connection with the initial public offering 880,262
Initial value of Class A common shares subject to possible redemption 362,617,170
Change in value of Class A common shares subject to possible redemption $ (6,709,200)