Quarterly report pursuant to Section 13 or 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.21.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
3 Months Ended
Mar. 31, 2021
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  
Schedule of basic and diluted loss per ordinary share

 

 

 

 

 

 

    

Three Months

 

 

 Ended 

 

 

 March 31,

 

 

 2021

Redeemable Class A Ordinary Shares

 

  

 

Numerator: Earnings allocable to Redeemable Class A Ordinary Shares

 

  

 

Interest earned on marketable securities held in Trust Account

 

$

36,684

Net income allocable to shares subject to possible redemption

 

$

36,684

Denominator: Weighted Average Redeemable Class A Ordinary Shares

 

 

  

Basic and diluted weighted average shares outstanding

 

 

23,040,654

Basic and diluted net income per share

 

$

0.00

Non-Redeemable Class A and Class B Ordinary Shares

 

 

  

Numerator: Net Loss minus Net Earnings

 

 

  

Net loss

 

$

(8,167,283)

Net loss allocable to Redeemable Class A Ordinary Shares

 

 

(36,684)

Non-Redeemable Net Loss

 

$

(8,203,967)

Denominator: Weighted Average Non-Redeemable Class A and Class B Ordinary Shares

 

 

  

Basic and diluted weighted average shares outstanding

 

 

6,927,636

Basic and diluted net loss per share

 

$

1.18