Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statement of Cash Flows (Unaudited)

v3.20.2
Condensed Consolidated Statement of Cash Flows (Unaudited) - USD ($)
2 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2020
Cash Flows from Operating Activities:    
Net loss $ (8,000) $ (2,773,892)
Adjustments to reconcile net loss to net cash used in operating activities:    
Gain on investments, dividends and interest, held in the Trust Account (1,004,649)
Changes in operating assets and liabilities:    
Prepaid expenses (109,612)
Accounts payable   31,108
Accrued expenses 8,000 2,822,539
Franchise tax payable 15,534
Income tax payable (32,523)
Net cash used in operating activities (1,051,495)
Cash Flows from Investing Activities:    
Interest released from Trust Account to pay taxes 545,588
Net cash provided by investing activities 545,588
Cash Flows from Financing Activities:    
Proceeds from sale of Class B common stock to Sponsor 25,000  
Net cash provided by financing activities 25,000  
Net decrease in cash 25,000 (505,907)
Cash - beginning of the period 1,412,901
Cash - end of the period 25,000 906,994
Supplemental disclosure of noncash activities:    
Deferred offering costs included in Accrued offering costs and Accounts payable 38,000  
Offering costs paid directly by Sponsor 75,000  
Change in value of common stock subject to possible redemption $ (2,773,900)