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CONSOLIDATED STATEMENT OF CASH FLOWS
11 Months Ended
Dec. 31, 2020
USD ($)
Cash Flows from Operating Activities:  
Net Loss $ (132,204,768)
Adjustments to reconcile net loss to net cash used in operating activities:  
Change in fair value of warrants 128,463,731
Transaction costs allocated to warrant liability 286,189
Interest earned on marketable securities held in Trust Account (355,909)
Changes in operating assets and liabilities:  
Prepaid expenses (159,476)
Accounts payable and accrued expenses 2,789,052
Income taxes payable 14,632
Net cash used in operating activities (1,166,549)
Cash Flows from Investing Activities:  
Investment of cash into Trust Account (414,000,000)
Cash withdrawn from Trust Account to pay taxes 22,000
Net cash used in investing activities (413,978,000)
Cash Flows from Financing Activities:  
Proceeds from issuance of Class B common stock to Sponsor 25,000
Proceeds from sale of Units, net of underwriting discounts paid 405,720,000
Proceeds from sale of Private Placement Warrants 10,280,000
Proceeds from promissory note - related party 191,000
Repayment from promissory note - related party (191,000)
Payment of offering costs (721,852)
Net cash provided by financing activities 415,303,148
Net Change in Cash 158,599
Cash - Beginning of period 0
Cash - End of period 158,599
Supplementary cash flow information:  
Cash paid for income taxes 22,000
Non-Cash financing activities:  
Initial classification of Class A common stock subject to possible redemption 395,812,140
Change in value of Class A common stock subject to possible redemption (139,559,310)
Deferred underwriting fee payable $ 14,490,000