Annual report pursuant to Section 13 and 15(d)

STATEMENT OF CASH FLOWS

v3.21.1
STATEMENT OF CASH FLOWS
 6 Months Ended
Dec. 31, 2020
USD ($)
Cash Flows from Operating Activities:  
Net loss $ (304,599)
Adjustments to reconcile net loss to net cash used in operating activities:  
General and administrative expenses paid by related party under note payable 25,000
Net gain from investments held in Trust Account (76,225)
Changes in operating assets and liabilities:  
Prepaid expenses (314,351)
Accounts payable 30,360
Accrued expenses 24,847
Net cash used in operating activities (614,968)
Cash Flows from Investing Activities:  
Cash deposited in Trust Account (215,000,000)
Net cash used in investing activities (215,000,000)
Cash Flows from Financing Activities:  
Proceeds from note payable to related parties 65,000
Repayment of note payable to related parties (162,854)
Proceeds received from initial public offering, gross 215,000,000
Proceeds received from private placement warrants 6,300,000
Offering costs paid (4,667,355)
Net cash provided by financing activities 216,534,791
Net change in cash 919,823
Cash - beginning of the period 0
Cash - ending of the period 919,823
Supplemental disclosure of non-cash investing and financing activities:  
Offering costs paid in exchange for issuance of Class B ordinary shares to Sponsor 25,000
Offering costs included in accounts payable 85,000
Offering costs included in note payable - related party 72,854
Deferred underwriting commissions 7,525,000
Initial value of Class A Ordinary shares subject to possible redemption 203,847,600
Change in value of Class A ordinary shares subject to possible redemption $ (202,410)