XML 20 R6.htm IDEA: XBRL DOCUMENT v3.21.2
STATEMENT OF CASH FLOWS (Restated)
11 Months Ended
Dec. 31, 2020
USD ($)
Cash Flows from Operating Activities:  
Net loss $ (29,914,748)
Adjustments to reconcile net loss to net cash used in operating activities:  
Change in fair value of warrants liability 17,328,667
Change in fair value of FPA liability 10,399,002
Changes in operating assets and liabilities:  
Prepaid expenses (209,790)
Accrued expenses 613,050
Net cash used in operating activities (402,768)
Cash Flows from Investing Activities:  
Investment of cash in Trust Account (517,500,000)
Net cash used in investing activities (517,500,000)
Cash Flows from Financing Activities:  
Proceeds from issuance of Class B ordinary shares to BGPT Trebia LP 25,000
Proceeds from sale of Units, net of underwriting discounts paid 507,150,000
Proceeds from sale of Private Placement Warrants 12,350,000
Proceeds from promissory note - related party 150,000
Repayment of promissory note - related party (150,000)
Payment of offering costs (778,589)
Net cash provided by financing activities 518,746,411
Net Change in Cash 843,643
Cash - Ending 843,643
Non-Cash Investing and Financing Activities:  
Initial classification of Class A ordinary shares subject to possible redemption 517,500,000
Change in value of Class A ordinary shares subject to possible redemption (5,877,460)
Initial classification of warrant liability 35,676,668
Initial classification of FPA liability 255,538
Deferred underwriting fee payable $ 18,112,500