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CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
2 Months Ended 3 Months Ended
Mar. 31, 2020
Mar. 31, 2021
Cash flows from operating activities:    
Net income (loss) $ (112,317) $ 20,380,504
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Investment income earned on investment held in Trust Account 0 (40,379)
Offering costs associated with warrants recorded as liabilities 0 1,674,648
Change in fair value of warrant liabilities 0 (24,367,413)
Compensation expense associated with sale of Private Placement Warrants 0 2,146,129
Changes in operating assets and liabilities    
Prepaid expenses 0 (925,360)
Accrued expenses 112,317 75,155
Accrued expenses - related party 0 12,500
Net cash used in operating activities 0 (1,044,216)
Cash flows from investing activities:    
Cash deposited in Trust Account 0 (1,000,000,000)
Net cash used in investment activities 0 (1,000,000,000)
Cash flows from financing activities:    
Proceeds received from initial public offering, gross 0 1,000,000,000
Proceeds received from sale of private placement warrants 0 23,000,000
Payment of underwriter commissions 0 (20,000,000)
Payment of offering costs 0 (765,091)
Net cash provided by financing activities 0 1,002,234,909
Net change in cash 0 1,190,693
Cash – beginning of period 0 0
Cash – end of period 0 1,190,693
Supplemental disclosure of non-cash activities    
Accrued offering costs charged to additional paid-in capital 0 103,855
Deferred underwriter’s commissions charged to additional paid-in capital in connection with the initial public offering 0 35,000,000
Initial classification of Class A ordinary shares subject to possible redemption 0 906,835,122
Change in value of Class A ordinary shares subject to possible redemption $ 0 $ 24,089,258