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Condensed Statement of Cash Flows (Unaudited)
3 Months Ended
Sep. 30, 2020
USD ($)
Cash Flows from Operating Activities:  
Net loss $ (40,952)
Adjustments to reconcile net loss to net cash used in operating activities:  
Unrealized loss on marketable securities held in trust 22,177
Changes in current assets and current liabilities:  
Prepaid assets (30,670)
Due to related party 4,334
Accounts payable 27,062
Net cash used in operating activities (18,049)
Cash Flows from Investing Activities:  
Investment of cash into trust account (100,000,000)
Net cash used in investing activities (100,000,000)
Cash Flows from Financing Activities:  
Proceeds from Initial Public Offering, net of underwriters’ fees 98,000,000
Proceeds from private placement 3,550,000
Proceeds from issuance of founder shares 25,000
Proceeds from issuance of promissory note to related party 89,076
Payments of offering costs (329,713)
Net cash provided by financing activities 101,334,363
Net Change in Cash 1,316,314
Cash - Beginning
Cash - Ending 1,316,314
Supplemental Disclosure of Non-cash Financing Activities:  
Initial value of Class A common stock subject to possible redemption 94,394,110
Change in value of Class A common stock subject to possible redemption (36,050)
Deferred underwriters’ discount payable charged to additional paid-in capital $ 1,846,265