Quarterly report pursuant to Section 13 or 15(d)

Condensed Statement of Changes in Stockholders' Equity (Unaudited)

v3.20.2
Condensed Statement of Changes in Stockholders' Equity (Unaudited) - USD ($)
Class A Common Stock
Class B Common Stock
Additional Paid-in Capital
Accumulated Deficit
Total
Balance at Mar. 05, 2020
Balance (in Shares) at Mar. 05, 2020      
Issuance of Class B common stock to Sponsor [1] $ 877 24,123 25,000
Issuance of Class B common stock to Sponsor (in Shares) [1] 8,768,750      
Net loss (1,000) (1,000)
Balance at Mar. 31, 2020 $ 877 24,123 (1,000) 24,000
Balance (in Shares) at Mar. 31, 2020 8,768,750      
Balance at Mar. 05, 2020
Balance (in Shares) at Mar. 05, 2020      
Balance at Sep. 30, 2020 $ 169 $ 875 5,189,387 (190,427) 5,000,004
Balance (in Shares) at Sep. 30, 2020 1,689,947 8,750,000      
Balance at Mar. 31, 2020 $ 877 24,123 (1,000) 24,000
Balance (in Shares) at Mar. 31, 2020 8,768,750      
Sale of 35,000,000 Units, net of underwriting discounts and offering expenses $ 3,500 330,162,461 330,165,961
Sale of 35,000,000 Units, net of underwriting discounts and offering expenses (in Shares) 35,000,000      
Sale of 8,100,000 Private Placement Warrants 8,100,000 8,100,000
Forfeiture of Founder Shares $ (2) 2
Forfeiture of Founder Shares (in Shares) (18,750)      
Common stock subject to possible redemption $ (3,333) (333,285,557) (333,288,890)
Common stock subject to possible redemption (in Shares) (33,328,889)      
Net loss (1,062) (1,062)
Balance at Jun. 30, 2020 $ 167 $ 875 5,001,029 (2,062) 5,000,009
Balance (in Shares) at Jun. 30, 2020 1,671,111 8,750,000      
Change in value of common stock subject to possible redemption $ 2 188,358 188,360
Change in value of common stock subject to possible redemption (in Shares) 18,836      
Net loss (188,365) (188,365)
Balance at Sep. 30, 2020 $ 169 $ 875 $ 5,189,387 $ (190,427) $ 5,000,004
Balance (in Shares) at Sep. 30, 2020 1,689,947 8,750,000      
[1] Included 1,143,750 shares subject to forfeiture if the over-allotment option was not exercised in full or in part by the underwriters. On May 28, 2020, the Company effected a 1:1.25 stock split with respect to the Class B common stock, on June 24, 2020, the Company effected a 1:1.20 stock split with respect to the Class B common stock and on June 25, 2020, the Company effected a 1:1.01666 stock split with respect to the Class B common stock, resulting in the Sponsor holding an aggregate of 8,768,750 Founder Shares (see Note 5). In connection with the underwriters’ partial exercise of the over-allotment option and the forfeiture of the remaining over-allotment option, 18,750 Founder Shares were forfeited and 1,125,000 Founder Shares are no longer subject to forfeiture. As a result, at September 30, 2020, there are 8,750,000 Founder Shares outstanding.