General form of registration statement for all companies including face-amount certificate companies

STATEMENTS OF CASH FLOWS

v3.21.2
STATEMENTS OF CASH FLOWS - USD ($)
11 Months Ended 12 Months Ended
Dec. 31, 2019
Dec. 31, 2020
Cash Flows from Operating Activities:    
Net loss $ (1,225) $ (975)
Changes in operating assets and liabilities:    
Other current asset 0 (1,500)
Accrued expenses 1,225 (225)
Net cash used in operating activities 0 (2,700)
Cash Flows from Financing Activities:    
Proceeds from issuance of Class B common stock to Sponsor 25,000 0
Proceeds from promissory note - related party 0 200,000
Payment of offering costs 0 (26,542)
Net cash provided by financing activities 25,000 173,458
Net Change in Cash 25,000 170,758
Cash - Beginning of period 0 25,000
Cash - End of period 25,000 195,758
Non-Cash investing and financing activities:    
Deferred offering costs included in accrued offering costs $ 0 $ 5,000