Annual report pursuant to Section 13 and 15(d)

STATEMENT OF CASH FLOWS

v3.21.1
STATEMENT OF CASH FLOWS
5 Months Ended
Dec. 31, 2020
USD ($)
Cash Flows from Operating Activities:  
Net loss $ (238,958)
Adjustments to reconcile net loss to net cash used in operating activities:  
Interest earned on marketable securities held in Trust Account (22,174)
Unrealized gain on marketable securities held in Trust Account (3,558)
Changes in operating assets and liabilities:  
Prepaid expenses (676,797)
Security deposit 2,875
Accrued expenses 6,150
Net cash used in operating activities (932,462)
Cash Flows from Investing Activities:  
Investment of cash in Trust Account (215,250,000)
Net cash used in investing activities (215,250,000)
Cash Flows from Financing Activities:  
Proceeds from issuance of Class B Ordinary Shares to Sponsor 25,000
Proceeds from sale of Units, net of underwriting discounts paid 210,945,000
Proceeds from advance - related party 2,621,369
Repayment of advance - related party (2,621,369)
Proceeds from sale of Private Placement Warrants 6,805,000
Proceeds from promissory note - related party 278,631
Repayment of promissory note - related party (278,631)
Payment of offering costs (525,071)
Net cash provided by financing activities 217,249,929
Net Change in Cash 1,061,717
Cash - Beginning 0
Cash - Ending 1,061,717
Non-Cash Investing and Financing Activities:  
Initial classification of Class A Ordinary Shares subject to possible redemption 204,669,590
Change in value of Class A Ordinary Shares subject to possible redemption (192,379)
Deferred underwriting fee payable $ 7,533,750