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Statement Of Cash Flows
7 Months Ended
Dec. 31, 2020
USD ($)
Cash Flows from Operating Activities:  
Net loss $ (2,702,566)
Adjustments to reconcile net loss to net cash used in operating activities:  
Interest earned on marketable securities held in Trust Account (57,914)
Unrealized gain on marketable securities held in Trust Account (3,140)
Changes in operating assets and liabilities:  
Prepaid expenses (314,138)
Accrued expenses 2,348,246
Net cash used in operating activities (729,512)
Cash Flows from Investing Activities:  
Investment of cash in Trust Account (200,000,000)
Net cash used in investing activities (200,000,000)
Cash Flows from Financing Activities:  
Proceeds from sale of Units, net of underwriting discounts paid 196,000,000
Proceeds from sale of Private Placement Warrants 6,000,000
Proceeds from promissory note – related party 126,005
Repayment of promissory note – related party (126,005)
Payment of offering costs (572,531)
Net cash provided by financing activities 201,427,469
Net Change in Cash 697,957
Cash – Beginning
Cash – Ending 697,957
Non-Cash Investing and Financing Activities:  
Initial classification of Class A ordinary shares subject to possible redemption 189,422,360
Change in value of Class A ordinary shares subject to possible redemption (2,697,566)
Deferred underwriting fee payable 7,000,000
Offering costs paid directly by Sponsor from proceeds from issuance of Class B ordinary shares 25,000
Offering costs included in accrued offering costs $ 100