Quarterly report pursuant to Section 13 or 15(d)

Unaudited Condensed Statements of Cash Flows

v3.21.2
Unaudited Condensed Statements of Cash Flows - USD ($)
 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities:    
Net income (loss) $ 1,013,683 $ (46,399)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Change in fair value of warrant liability (9,232,566) 0
Change in operating assets and liabilities:    
Decrease in dividend receivable 125 0
Decrease in prepaid expenses 151,670 0
Increase in deferred tax assets (513,624) 0
Increase in accounts payable 7,394,888 46,399
Increase in income tax payable 0 0
Net cash used for operating activities (1,185,824) 0
Cash flows from financing activities:    
Payment of offering costs (375,000) (225,739)
Proceeds from related party sponsor note 0 300,000
Proceeds from working capital note 2,000,000 0
Net cash provided by financing activities 1,625,000 74,261
Increase in cash and restricted cash 439,176 74,261
Cash and restricted cash and cash equivalents at beginning of year 750,446,404 5,000
Cash and restricted cash and cash equivalents at end of year 750,885,580 79,261
Supplemental disclosure of non-cash financing activities    
Accrued offering costs $ 0 $ 692,952