Quarterly report pursuant to Section 13 or 15(d)

Condensed Statement of Cash Flows (Unaudited)

v3.20.2
Condensed Statement of Cash Flows (Unaudited) - USD ($)
 4 Months Ended
Jun. 30, 2020
Statement of Cash Flows [Abstract]  
Net loss $ (2,062)
Changes in operating assets and liabilities:  
Prepaid expenses and other current assets (28,116)
Net cash used in operating activities (30,178)
Cash Flows from Investing Activities:  
Investment of cash in Trust Account (350,000,000)
Net cash used in investing activities (350,000,000)
Cash Flows from Financing Activities:  
Proceeds from sale of Units, net of underwriting discounts paid 343,900,000
Proceeds from sale of Private Placement Warrants 8,100,000
Proceeds from promissory note – related party 2,378
Repayment of promissory note – related party (186,165)
Payments of offering costs (375,252)
Net cash provided by financing activities 351,440,961
Net Change in Cash 1,410,783
Cash – Beginning
Cash – Ending 1,410,783
Non-cash investing and financing activities:  
Initial classification of common stock subject to possible redemption 333,288,890
Deferred underwriting fee payable 13,150,000
Deferred offering costs paid directly by Sponsor in consideration for Class B common stock 25,000
Deferred offering costs paid through promissory note – related party $ 183,787