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Financial data from company earnings reports.

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
6 Oct 20 Hugo Barra Class A Ordinary Shares Buy Aquire P No 10 50,000 500K 50,000
6 Oct 20 Justin Kan Class A Ordinary Shares Buy Aquire P No 10 50,000 500K 50,000

Financial report summary

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Management Discussion
  • Our entire activity since inception up to September 30, 2020 was in preparation for our formation and the Initial Public Offering. We will not be generating any operating revenues until the closing and completion of our initial Business Combination.
  • For the period from August 18, 2020 (inception) through September 30, 2020, we had a net loss of approximately $43,000, which consisted solely of general and administrative expenses.
  • We entered into an agreement that will provide that, commencing on the date that our securities are first listed on the NYSE through the earlier of consummation of the initial Business Combination and the liquidation, we will pay our Sponsor $10,000 per month for office space, secretarial and administrative services provided to the Company.
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