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Statement of Cash Flows
5 Months Ended
Dec. 31, 2020
USD ($)
Cash Flows from Operating Activities:  
Net loss $ (4,223,533)
Adjustments to reconcile net loss to net cash used in operating activities:  
Interest earned on marketable securities held in Trust Account (20,078)
Offering costs allocable to warrant liabilities 191,112
Change in fair value of warrant liabilities 3,883,670
Changes in operating assets and liabilities:  
Prepaid expenses (168,527)
Other current assets (350)
Accounts payable 11,658
Franchise taxes payable 78,192
Net cash used in operating activities (247,856)
Cash flow from investing activities:  
Deposit of cash into Trust Account (115,000,000)
Net cash used in investing activities (115,000,000)
Cash flow from financing activities:  
Proceeds from sale of Units, net of underwriting discounts paid 112,700,000
Proceeds from sale of Private Warrants 3,800,000
Proceeds from related party note payable 71,473
Repayment of related party note payable (71,473)
Payment of offering costs (373,491)
Net cash provided by financing activities 116,126,509
Net change in cash 878,653
Cash - beginning of the period
Cash - end of the period 878,653
Supplemental disclosure of noncash investing and financing activities:  
Offering costs paid by related party in exchange for issuance of Class B common stock 25,000
Offering costs included in other accrued liabilities 70,000
Deferred underwriting fees recorded as non-current liability in connection with initial public offering $ 4,025,000