Registration of securities issued in business combination transactions

CONDENSED STATEMENT OF CASH FLOWS

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CONDENSED STATEMENT OF CASH FLOWS - USD ($)
3 Months Ended 6 Months Ended
Mar. 31, 2021
Dec. 31, 2020
Cash Flows from Operating Activities:    
Net loss $ (8,167,283) $ (1,658,775)
Adjustments to reconcile net loss to net cash used in operating activities:    
Change in fair value of warrant liability 4,507,737 (406,549)
Interest earned on marketable securities held in Trust Account (45,303) (49,590)
Unrealized loss on marketable securities held in Trust Account   785
Changes in operating assets and liabilities:    
Prepaid expenses 192,898 (608,945)
Accrued expenses 2,754,418 1,112,155
Net cash used in operating activities (757,533) (1,084,845)
Cash Flows from Financing Activities:    
Proceeds from sale of Units, net of underwriting discounts paid   234,951,394
Proceeds from promissory note - related party 100,000 100,349
Payment of offering costs   (195,229)
Net cash provided by financing activities 100,000 241,551,091
Net Change in Cash (657,533) 719,926
Cash - Beginning 719,926 0
Cash - Ending 62,393 719,926
Non-Cash Investing and Financing Activities:    
Initial classification of ordinary shares subject to possible redemption   215,057,051
Change in value of Class A ordinary shares subject to possible redemption $ 26,864,984 (2,081,607)
Deferred underwriting fee payable   $ 8,391,121