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Statement of Cash Flows
 4 Months Ended
Dec. 31, 2020
USD ($)
Cash Flows from Operating Activities:  
Net loss $ (221,009)
Adjustments to reconcile net loss to net cash used in operating activities:  
Payment of formation costs through issuance of Class B ordinary shares 5,000
Interest earned on marketable securities held in trust account (49,118)
Unrealized gain on marketable securities held in trust account (3,788)
Changes in operating assets and liabilities:  
Prepaid expenses (379,166)
Accrued expenses 178,873
Net cash used in operating activities (474,208)
Cash Flows from Investing Activities:  
Investment of cash in trust account (250,000,000)
Net cash used in investing activities (250,000,000)
Cash Flows from Financing Activities:  
Proceeds from sale of Units, net of underwriting discounts paid 245,000,000
Proceeds from sale of private placement warrants 7,000,000
Proceeds from promissory note – related party 150,295
Repayment of promissory note – related party (150,295)
Payment of offering costs (445,163)
Net cash provided by financing activities 251,554,837
Net Change in Cash 1,080,629
Cash – Beginning
Cash – Ending 1,080,629
Non-Cash Investing and Financing Activities:  
Offering costs paid by sponsor in exchange for the issuance of Class B ordinary shares 20,000
Initial classification of Class A ordinary shares subject to possible redemption 237,804,830
Change in value of Class A ordinary shares subject to possible redemption (216,012)
Deferred underwriting fee payable $ 8,750,000