Quarterly report pursuant to Section 13 or 15(d)

CONDENSED STATEMENTS OF CASH FLOWS

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CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash Flows from Operating Activities:    
Net income $ 851,398 $ 1,626,364
Adjustments to reconcile net income to net cash used in operating activities:    
Gain on marketable securities, dividends and interest held in Trust Account (1,114,579) (1,760,594)
General and administrative expenses paid by related party   2,206
Changes in operating assets and liabilities:    
Prepaid expenses (20,595) (138,629)
Accounts payable (60,517)  
Accrued expenses 16,140 82,575
Net cash used in operating activities (328,153) (188,078)
Cash Flows from Investing Activities:    
Cash deposited in Trust Account   (287,500,000)
Net cash used in investing activities   (287,500,000)
Cash Flows from Financing Activities:    
Proceeds from note payable to related party   250,000
Repayment of note payable and advances from related party   (252,206)
Proceeds received from initial public offering, gross   287,500,000
Proceeds from private placement   7,750,000
Offering costs paid   (5,800,229)
Net cash provided by financing activities   289,447,565
Net change in cash (328,153) 1,759,487
Cash - beginning of the period 1,589,795 25,000
Cash - end of the period 1,261,642 1,784,487
Supplemental disclosure of noncash activities:    
Offering costs included in accrued expenses   85,000
Offering costs included in accounts payable   2,600
Change in value of ordinary shares subject to possible redemption $ 851,400 $ 276,823,340