Annual report pursuant to Section 13 and 15(d)

STATEMENT OF CASH FLOWS

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STATEMENT OF CASH FLOWS
 9 Months Ended
Dec. 31, 2019
USD ($)
Cash Flows from Operating Activities:  
Net income $ 4,693,042
Adjustments to reconcile net income to net cash used in operating activities:  
Interest earned on marketable securities held in Trust Account (6,639,430)
Unrealized gain on marketable securities held in Trust Account (45,988)
Deferred tax provision 9,657
Changes in operating assets and liabilities:  
Prepaid expenses (275,525)
Prepaid income taxes (27,140)
Accrued expenses 257,466
Net cash used in operating activities (2,027,918)
Cash Flows from Investing Activities:  
Investment of cash in Trust Account (690,000,000)
Cash withdrawn from Trust Account to pay income taxes 1,390,000
Net cash used in investing activities (688,610,000)
Cash Flows from Financing Activities:  
Proceeds from issuance of Class B common stock to Sponsor 25,000
Proceeds from sale of Units, net of underwriting discounts paid 677,788,000
Proceeds from sale of Private Placement Warrants 15,800,000
Proceeds from promissory note - related party 200,000
Repayment of promissory note - related party (200,000)
Payment of offering costs (736,807)
Net cash provided by financing activities 692,876,193
Net Change in Cash 2,238,275
Cash - Beginning of period, April 11, 2019 (inception) 0
Cash - End of period 2,238,275
Supplemental cash flow information:  
Cash paid for income taxes 1,265,000
Non-Cash investing and financing activities:  
Initial classification of common stock subject to redemption 666,500,190
Deferred underwriting fee payable 21,371,000
Change in value of common stock subject to possible redemption $ 4,698,039