6. Trust Account

As of June 30,2020, investment securities in the Company's Trust Account consisted of $690,489,916 in United States Treasury Bills and another $12,965 held as cash. The Company classifies its Treasury Instruments and equivalent securities as held-to-maturity in accordance with FASB ASC 320 "Investments‒Debt and Equity Securities". Held-to-maturity securities are those securities which the Company has the ability and intent to hold until maturity. Held-to maturity treasury securities are recorded at amortized cost on the accompanying balance sheets and adjusted for the amortization or accretion of premiums or discounts. The following table presents fair value information as of June 30,2020 and indicates the fair value hierarchy of the valuation techniques the Company utilized to determine such fair value. In addition, the table present the carrying value (held to maturity), excluding accrued interest income and gross unrealized holding loss. Since all of the Company's permitted investments consist of U.S. government treasury bills and cash, fair values of its investments are determined by Level I inputs utilizing quoted prices (unadjusted) in active markets for identical assets as follows:


			Gross		Quoted Prices in
			Unrealized		Active Markets
	Carrying Value		Holding (Loss)		(Level 1)
U.S. Government Treasury Securities as of June 30, 2020 (1)	$	690,489,916	$	(30,398)	$	690,459,526

(1) Maturity date September 10, 2020