Quarterly report pursuant to Section 13 or 15(d)

Unaudited Condensed Statements of Cash Flows

v3.21.1
Unaudited Condensed Statements of Cash Flows - USD ($)
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:    
Net income $ 9,682,349 $ 0
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Change in fair value of warrant liabilities (10,200,787) 0
Change in operating assets and liabilities:    
Decrease in prepaid expenses 94,486 0
Increase in deferred tax assets (137,813) 0
Increase in accounts payable 430,633 0
Increase in income tax payable 57 0
Net cash used for operating activities (131,075) 0
Cash flows from financing activities:    
Proceeds from working capital note 1,500,000  
Net cash provided by financing activities 1,500,000 0
Increase in cash and restricted cash 1,368,925 0
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 751,815,329 5,000
Supplemental disclosure of non-cash financing activities    
Accrued offering costs $ 0 $ 81,857