Annual report pursuant to Section 13 and 15(d)

Balance Sheets

v3.20.1
Balance Sheets - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Current assets    
Cash $ 138,533 $ 119,136
Prepaid income taxes 242,620
Prepaid expenses 190,917
Total Current Assets 572,070 119,136
Security deposit 23,800 23,800
Deferred offering costs 182,742
Marketable securities held in Trust Account 304,528,924
Total Assets 305,124,794 325,678
Current liabilities    
Accounts payable and accrued expenses 303,190 20,222
Accrued offering costs 25,149
Promissory note – related party 299,000
Total Current Liabilities 303,190 344,371
Deferred tax liability 35,655
Deferred underwriting fee payable 10,505,250
Total Liabilities 10,844,095 344,371
Commitments and Contingencies (Note 6)  
Common stock subject to possible redemption, 28,504,462 shares at redemption value as of December 31, 2019 289,280,690
Stockholders' Equity (Deficit)    
Preferred stock, $0.0001 par value; 1,000,000 shares authorized, none issued and outstanding
Additional paid in capital 2,313,769 24,250
Retained earnings/(Accumulated deficit) 2,685,339 (43,693)
Total Stockholders' Equity (Deficit) 5,000,009 (18,693)
Total Liabilities and Stockholders' Equity (Deficit) 305,124,794 325,678
Class A Common Stock    
Stockholders' Equity (Deficit)    
Common stock, Value 151
Total Stockholders' Equity (Deficit) 151
Class B Common Stock    
Stockholders' Equity (Deficit)    
Common stock, Value 750 750
Total Stockholders' Equity (Deficit) $ 750 $ 750