Annual report pursuant to Section 13 and 15(d)

CONDENSED STATEMENTS OF CASH FLOWS

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CONDENSED STATEMENTS OF CASH FLOWS
 12 Months Ended
Dec. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
Cash Flows from Operating Activities:    
Net income (loss) $ 350,893 $ (2,177)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Interest earned on marketable securities held in Trust Account (714,993)  
Unrealized loss on marketable securities held in Trust Account 6,479  
Deferred tax provision (1,361)  
Changes in operating assets and liabilities:    
Prepaid expenses (202,472)  
Accounts payable and accrued expenses 180,244 1,488
Income taxes payable 94,636  
Net cash used in operating activities (286,574) (689)
Cash Flow from Investing Activities:    
Investment of cash in Trust Account (316,250,000)  
Net cash used in investing activities (316,250,000)  
Cash Flow from Financing Activities:    
Proceeds from issuance of common stock to Sponsor   25,000
Proceeds from sale of Units, net of underwriting discounts paid 309,925,000  
Proceeds from sale of Private Placement Warrants 8,325,000  
Proceeds from promissory note – related party 124,992 100,000
Repayment of promissory note – related party (224,992)  
Payment of offering costs (571,876) (82,250)
Net cash provided by financing activities 317,578,124 42,750
Net Change in Cash 1,041,550 42,061
Cash – Beginning 42,061  
Cash – Ending 1,083,611 42,061
Non-cash investing and financing activities:    
Initial Classification Of Common Stock Subject To Possible Redemption 301,534,750  
Change in value of common stock subject to possible redemption 366,086  
Deferred underwriting fee payable $ 11,068,750 0
Deferred offering costs included in accrued offering costs   $ 90,027