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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($) | 2 Months Ended | 9 Months Ended
--- | --- | ---
Dec. 31, 2019 | Sep. 30, 2020
Cash Flows from Operating Activities: |  |
Net loss | $ (21,631) | $ (6,321,195)
Adjustments to reconcile net loss to net cash used in operating activities: |  |
Interest earned on cash and marketable securities held in Trust Account |  | (42,207)
Changes in operating assets and liabilities: |  |
Prepaid expenses |  | (383,761)
Accrued expenses |  | 4,362,316
Net cash used in operating activities | (21,631) | (2,384,847)
Cash Flows from Investing Activities: |  |
Investment of cash in Trust Account |  | (414,000,000)
Net cash used in investing activities |  | (414,000,000)
Cash Flows from Financing Activities: |  |
Proceeds from issuance of Class B ordinary shares to Sponsor | 0 | 25,000
Proceeds from sale of Units, net of underwriting discounts paid |  | 406,800,000
Proceeds from sale of Private Placement Warrants |  | 9,200,000
Repayment of advances from related parties |  | (21,631)
Proceeds from promissory note - related party | 21,631 | 1,438,497
Repayment of promissory note - related party |  | (300,000)
Payment of offering costs |  | (506,558)
Proceeds from promissory note | 0 |
Net cash provided by financing activities | 21,631 | 416,635,308
Net Change in Cash | 0 | 250,461
Cash - Beginning | 0 | 0
Cash - Ending | $ 0 | 250,461
Non-cash investing and financing activities: |  |
Initial classification of ordinary shares subject to possible redemption |  | 396,006,810
Change in value of ordinary shares subject to possible redemption |  | (6,321,196)
Deferred underwriting fee |  | 14,490,000
Offering costs included in accrued offering costs |  | $ 264,285

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