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FY2020
6 months to Dec 31, 2020
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|
|---|---|
| Cash Flows from Operating Activities: | |
| Net loss | |
| Adjustments to reconcile net loss to net cash used in operating activities: | |
| Gain on marketable securities (net), dividends and interest, held in Trust Account | |
| General and administrative expenses paid by related party under note payable | |
| Changes in operating assets and liabilities: | |
| Prepaid expenses | |
| Accounts payable | |
| Accrued expenses | |
| Franchise tax payable | |
| Net cash used in operating activities | |
| Cash Flows from Investing Activities | |
| Cash deposited in Trust Account | |
| Net cash used in investing activities | |
| Cash Flows from Financing Activities: | |
| Proceeds from issuance of Class B common stock to Sponsor | |
| Proceeds from note payable and advances from related parties | |
| Repayment of note payable and advances from related party | |
| Proceeds received from private placement | |
| Offering costs paid | |
| Net cash provided by financing activities | |
| Net increase in cash | |
| Cash - beginning of the period | |
| Cash - end of the period | |
| Supplemental disclosure of noncash activities: | |
| Offering costs included in accrued expenses | |
| Offering costs funded with note payable | |
| Deferred underwriting commissions in connection with the initial public offering | |
| Initial value of Class A common stock subject to possible redemption | |
| Change in value of Class A common stock subject to possible redemption |
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