Quarterly report pursuant to Section 13 or 15(d)

CONDENSED STATEMENT OF CASH FLOWS

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CONDENSED STATEMENT OF CASH FLOWS - USD ($)
 6 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2020
Cash Flows from Operating Activities:    
Net income $ 2,506,354 $ 1,303,184
Adjustments to reconcile net income to net cash used in operating activities:    
Interest earned on marketable securities held in Trust Account (3,530,496) (2,417,317)
Unrealized gain on marketable securities held in Trust Account (12,169) (1,164)
Deferred tax (benefit) provision 2,555 (9,413)
Changes in operating assets and liabilities:    
Prepaid expenses (347,462) 113,300
Prepaid income taxes (473,310) 27,140
Accrued expenses 65,059 (42,051)
Income taxes payable 0 102,787
Net cash used in operating activities (1,789,469) (923,534)
Cash Flows from Investing Activities:    
Investment of cash in Trust Account (690,000,000) 0
Cash withdrawn from Trust Account to pay franchise and income taxes 1,137,000 430,250
Net cash provided by (used in) investing activities (688,863,000) 430,250
Cash Flows from Financing Activities:    
Proceeds from issuance of Class B common stock to Sponsor 25,000 0
Proceeds from sale of Units, net of underwriting discounts paid 677,788,000 0
Proceeds from sale of Private Placement Warrants 15,800,000 0
Proceeds from promissory note - related party 200,000 0
Repayment of promissory note - related party (200,000) 0
Payment of offering costs (736,807) 0
Net cash provided by financing activities 692,876,193 0
Net Change in Cash 2,223,724 (493,284)
Cash - Beginning of period 0 2,238,275
Cash - End of period 2,223,724 1,744,991
Supplemental cash flow information:    
Cash paid for income taxes 1,137,000 226,000
Non-Cash investing and financing activities:    
Initial classification of common stock subject to possible redemption 665,500,190 0
Change in value of common stock subject to possible redemption 2,511,349 1,303,185
Deferred offering costs included in accrued offering costs $ 0 $ 0