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CONDENSED STATEMENT OF CASH FLOWS
3 Months Ended
Mar. 31, 2021
USD ($)
Cash Flows from Operating Activities:  
Net income $ 1,630,620
Adjustments to reconcile net income (loss) to net cash used in operating activities:  
Interest earned on marketable securities held in Trust Account (1,891)
Change in fair value of warrant liability (2,571,250)
Transaction costs incurred in connection with warrants 760,022
Changes in operating assets and liabilities:  
Prepaid expenses (1,020,972)
Accounts payable and accrued expenses 125,894
Net cash provided by operating activities (1,077,577)
Cash Flows from Investing Activities:  
Investment of cash in Trust Account (287,500,000)
Net cash used in investing activities (287,500,000)
Cash Flows from Financing Activities:  
Proceeds from sale of Units, net of underwriting discounts paid 281,750,000
Proceeds from sale of Private Placement Warrants 8,250,000
Proceeds from promissory note - related party 149,992
Repayment of promissory note - related party (149,992)
Payment of offering costs (572,862)
Net cash provided by financing activities 289,427,138
Net Change in Cash 849,561
Cash - Beginning of period 21,965
Cash - End of period 871,526
Non-Cash investing and financing activities:  
Initial classification of Class A common stock subject to possible redemption 253,714,310
Change in value of Class A common stock subject to possible redemption 2,390,640
Deferred underwriting fee payable $ 10,062,500