Registration of securities issued in business combination transactions

Summary of Significant Accounting Policies (Tables)

v3.21.2
Summary of Significant Accounting Policies (Tables)
3 Months Ended 5 Months Ended
Mar. 31, 2021
Dec. 31, 2020
Accounting Policies [Abstract]    
Summary of Reconciliation of the Net Earnings (Loss) per Common Share Below is a reconciliation of the net income per ordinary share:
    
For the quarter ended
March 31, 2021
 
Redeemable Class A Ordinary Shares
        
Numerator: Earnings allocable to Redeemable Class A Ordinary Shares
        
Interest Income
   $ 28,458  
    
 
 
 
Net Earnings
     28,458  
Denominator: Weighted Average Redeemable Class A Ordinary Shares
        
Redeemable Class A Ordinary Shares, Basic and Diluted
     16,377,622  
Earnings/Basic and Diluted Redeemable Class A Ordinary Shares
   $ 0.00  
Non-Redeemable Class B
Ordinary Shares
        
Numerator: Net Income minus Redeemable Net Earnings
        
Net Income
   $ 231,691  
    
 
 
 
Non-Redeemable Net
Income
   $ 231,691  
Denominator: Weighted
Average Non-Redeemable Class B
Ordinary Shares
        
Non-Redeemable Class B
Ordinary Shares, Basic and Diluted
     4,094,406  
Income/Basic and
Diluted Non-Redeemable Ordinary
Shares
   $ 0.06  
Below is a reconciliation of the net loss per ordinary share:
 
    
For the period ended
December 31,
2020
 
Redeemable Class A Ordinary Shares
        
Numerator: Earnings allocable to Redeemable Class A Ordinary Shares
        
Interest Income
   $ 10,751  
    
 
 
 
Net Earnings
     10,751  
Denominator: Weighted Average Redeemable Class A Ordinary Shares
        
Redeemable Class A Ordinary Shares, Basic and Diluted
     16,377,622  
Earnings/Basic and Diluted Redeemable Class A Ordinary Shares (1)
   $ 0.00  
Non-Redeemable Class B Ordinary Shares
        
Numerator: Net Income minus Redeemable Net Earnings
        
Net Income (Loss)
   $ (12,272,300
    
 
 
 
Non-Redeemable Net Loss
   $ (12,272,300
Denominator: Weighted Average Non-Redeemable Class B Ordinary Shares
        
Non-Redeemable Class B Ordinary Shares, Basic and Diluted
     3,827,271  
Loss/Basic and Diluted Non-Redeemable Ordinary Shares (1)
   $ (3.20
 
(1)
Calculated from original date of issuance