Quarterly report pursuant to Section 13 or 15(d)

UNAUDITED CONDENSED STATEMENT OF CASH FLOWS

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UNAUDITED CONDENSED STATEMENT OF CASH FLOWS - USD ($)
 3 Months Ended
Sep. 30, 2020
Sep. 30, 2020
Cash Flows from Operating Activities:    
Net loss   $ (191,024)
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 $ (9,978) (9,978)
Changes in operating assets and liabilities:    
Prepaid expenses   (369,869)
Accounts payable   34,960
Accrued expenses   116,996
Net cash used in operating activities   (393,915)
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   6,300,000
Offering costs paid   (4,742,355)
Net cash provided by financing activities   216,459,791
Net change in cash   1,065,876
Cash - ending of the period $ 1,065,876 1,065,876
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 accrued expenses   10,000
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   $ (88,840)