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CONDENSED STATEMENT OF CASH FLOWS - USD ($)
1 Months Ended 2 Months Ended
May 01, 2020
Jun. 30, 2020
Cash Flows from Operating Activities:    
Net loss $ 2,500 $ (62,862)
Changes in operating assets and liabilities:    
Prepaid expenses   (25,297)
Accounts payable   227,500
Accrued expenses 2,500 (207,500)
Franchise tax payable   40,548
Net cash used in operating activities   (27,611)
Cash Flows from Investing Activities    
Cash deposited in Trust Account   (230,000,000)
Net cash used in investing activities   (230,000,000)
Cash Flows from Financing Activities:    
Proceeds from issuance of Class B common stock to Sponsor 25,000 25,000
Proceeds received from note payable to related party   75,000
Proceeds received from initial public offering, gross   230,000,000
Proceeds received from private placement   6,575,000
Offering costs paid   (4,907,692)
Net cash provided by financing activities 25,000 231,767,308
Net change in cash 25,000 1,739,697
Cash - end of the period 25,000 1,739,697
Supplemental disclosure of noncash activities:    
Offering costs included in accrued expenses $ 61,500 117,000
Offering costs included in accounts payable   23,175
Deferred underwriting commissions in connection with the initial public offering   8,050,000
Initial value of common stock subject to possible redemption   218,439,270
Prepaid expenses included in accrued expenses   207,500
Prepaid expenses included in accounts payable   $ 5,000