Quarterly report pursuant to Section 13 or 15(d)

Condensed Balance Sheets

v3.20.2
Condensed Balance Sheets
Sep. 30, 2020
USD ($)
Current assets:  
Cash $ 1,524,000
Prepaid expenses and other assets 291,000
Total current assets 1,815,000
Cash and investments held in trust account 172,526,000
Total assets 174,341,000
Current liabilities:  
Accounts payable and accrued liabilities 142,000
Accrued income and franchise taxes 33,000
Total current liabilities 175,000
Other liabilities:  
Deferred underwriting compensation 6,038,000
Total liabilities 6,213,000
Common stock subject to possible redemption; 16,312,768 shares (at value of approximately $10.00 per share) 163,128,000
Commitments and contingencies
Stockholders’ equity:  
Preferred stock, $0.0001 par value; 1,000,000 authorized shares; none issued or outstanding
Additional paid-in-capital 5,121,000
Retained earnings (accumulated deficit) (121,000)
Total stockholders’ equity 5,000,000
Total liabilities and stockholders’ equity 174,341,000
Class A Common Stock  
Stockholders’ equity:  
Common stock value
Class B Common Stock  
Stockholders’ equity:  
Common stock value