Quarterly report pursuant to Section 13 or 15(d)

CONDENSED STATEMENT OF CASH FLOWS

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CONDENSED STATEMENT OF CASH FLOWS - USD ($)
 4 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2020
Cash Flows from Operating Activities:    
Net income $ 98,139 $ 465,934
Adjustments to reconcile net income to net cash used in operating activities:    
Interest income earned on marketable securities held in Trust Account (168,280) (1,011,163)
Changes in operating assets and liabilities:    
Prepaid expenses   42,125
Accounts payable and accrued expenses 42,756 (36,811)
Income taxes payable 26,088 123,855
Net cash used in operating activities (1,297) (416,060)
Cash Flows from Investing Activities:    
Investment of cash in Trust Account (275,000,000)  
Net cash used in investing activities (275,000,000)  
Cash Flows from Financing Activities:    
Proceeds from sale of Units, net of underwriting discounts paid 269,500,000  
Proceeds from Issuance of Warrants 7,500,000  
Proceeds from promissory notes - related party 231,366  
Payment of offering costs (410,880)  
Net cash provided by financing activities 276,820,486  
Net Change in Cash 1,819,189 (416,060)
Cash - Beginning   1,305,608
Cash - Ending 1,819,189 889,548
Non-cash investing and financing activities:    
Change in value of common stock subject to possible redemption 99,435 $ 465,935
Initial classification of common stock subject to possible redemption 261,909,820  
Deferred underwriting fee payable 9,625,000  
Deferred offering costs paid directly by Sponsor from proceeds of issuance of Class B common stock to Sponsor $ 25,000