v3.20.4
Condensed Balance Sheet
Sep. 30, 2020
USD ($)
Assets:  
Current Asset: Cash $ 146
Deferred offering costs 262,384
Total assets 262,530
Current liabilities  
Accrued offering costs and expenses 177,641
Due to Related Party 35,000
Promissory Note - related party 30,000
Total current liabilities 242,641
Commitments and Contingencies
Shareholder's Equity:  
Preference shares, $0.0001 par value; 2,000,000 shares authorized; none issued and outstanding 0
Additional paid-in capital 24,569
Accumulated deficit (5,111)
Total shareholder's equity 19,889
Total Liabilities and Shareholder's Equity 262,530
Common Class A [Member]  
Shareholder's Equity:  
Common stock value 0
Common Class B [Member]  
Shareholder's Equity:  
Common stock value $ 431 [1],[2]
[1] As a result of the underwriter’s election to partially exercise its over-allotment option on November 27, 2020, a total of 344,406 Class B ordinary shares were no longer subject to forfeiture and 218,094 remained subject to forfeiture. On December 8, 2020, the 218,094 Class B ordinary shares were surrendered to the Company for no consideration.
[2] On November 16, 2020, the Sponsor forfeited 1,437,500 Class B ordinary shares, resulting in an aggregate of 4,312,500 Class B ordinary shares outstanding. All shares and associated amounts have been retroactively restated to reflect the share surrender (see Notes 5 and 7).