Quarterly report pursuant to Section 13 or 15(d)

CONDENSED BALANCE SHEETS

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CONDENSED BALANCE SHEETS - USD ($)
Mar. 31, 2021
Dec. 31, 2020
Current assets    
Cash $ 62,393 $ 719,926
Prepaid expenses 416,047 608,945
Total Current Assets 478,440 1,328,871
Cash and marketable securities held in Trust Account 239,840,428 239,795,125
TOTAL ASSETS 240,318,868 241,123,996
Current liabilities    
Accrued expenses 3,866,573 1,112,155
Accrued offering costs 372,483 372,483
Promissory note - related party 100,000  
Total Current Liabilities 4,339,056 1,484,638
Warrant liability 17,780,521 13,272,784
Deferred underwriting fee payable 8,391,121 8,391,121
Total Liabilities 30,510,698 23,148,543
Commitments (Note 6)
Class A ordinary shares subject to possible redemption, 23,974,632 and 21,293,210 shares at redemption value as of March 31, 2021 and December 31, 2020, respectively 239,840,428 212,975,444
Shareholders' (Deficit) Equity    
Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued and outstanding 0 0
Additional paid-in capital 0 6,657,917
Accumulated deficit (30,032,857) (1,658,775)
Total Shareholders'(Deficit) Equity (30,032,258) 5,000,009
TOTAL LIABILITIES AND SHAREHOLDERS'(DEFICIT) EQUITY 240,318,868 241,123,996
Class A Ordinary Shares    
Shareholders' (Deficit) Equity    
Common stock value 0 268
Class B Ordinary Shares    
Shareholders' (Deficit) Equity    
Common stock value $ 599 $ 599