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CONDENSED BALANCE SHEET - USD ($)
Jun. 30, 2020
May 01, 2020
Current assets:    
Cash $ 1,739,697 $ 25,000
Prepaid expenses 237,797  
Total current assets 1,977,494 25,000
Cash held in Trust Account 230,000,000  
Deferred offering costs associated with the proposed public offering   61,500
Total Assets 231,977,494 86,500
Current liabilities:    
Accounts payable 255,675  
Accrued expenses 117,000 64,000
Franchise tax payable 40,548  
Note payable - related party 75,000  
Total current liabilities 488,223 64,000
Deferred underwriting commissions 8,050,000  
Total liabilities 8,538,223  
Commitments and Contingencies
Class A common stock, par value $0.0001 per share; 21,843,927 shares subject to possible redemption at $10.00 per share 218,439,270  
Stockholders' Equity:    
Preferred stock, par value $0.0001 per share; 1,000,000 shares authorized; none issued and outstanding
Additional paid-in capital 5,062,172 24,425
Accumulated deficit (62,862) (2,500)
Total stockholders' equity 5,000,001 22,500
Total Liabilities and Stockholders' Equity 231,977,494 86,500
Class A Common Stock    
Stockholders' Equity:    
Ordinary shares value 116  
Total stockholders' equity 116  
Class B Common Stock    
Stockholders' Equity:    
Ordinary shares value 575 575 [1],[2]
Total stockholders' equity $ 575 $ 575
[1] On June 25, 2020, the Company effected a stock dividend with respect to the Class B common stock, resulting in the sponsor holding an aggregate of 5,750,000 founder shares . All shares and associated amounts have been retroactively restated to reflect the share capitalization (see Note 4).
[2] This number includes up to 750,000 Class B common stock subject to forfeiture if the over-allotment option is not exercised in full or in part by the underwriters.