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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 4 Months Ended
Dec. 31, 2020
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  
Schedule of basic and diluted net income (loss) per ordinary share

The following table reflects the calculation of basic and diluted net income (loss) per ordinary share (in dollars, except per share amounts):

 

 

 

 

 

 

For the Period

 

 

from

 

 

August 21, 2020

 

 

(Inception)

 

 

Through

 

    

December 31, 2020

Ordinary shares subject to possible redemption

 

 

 

Numerator: Earnings allocable to Ordinary shares subject to possible redemption

 

 

 

Interest earned on marketable securities held in Trust Account

 

$

5,461

Unrealized gain (loss) on marketable securities held in Trust Account

 

 

(7,777)

Net income attributable to Class A ordinary shares subject to possible redemption

 

$

(2,316)

Denominator: Weighted Average Class A ordinary shares subject to possible redemption

 

 

 

Basic and diluted weighted average shares outstanding, Class A ordinary shares subject to possible redemption

 

 

8,326,328

Basic and diluted net loss per share, Class A ordinary shares subject to possible redemption

 

$

0.00

 

 

 

 

Non-Redeemable Common Stock

 

 

 

Numerator: Net Loss minus Net Earnings

 

 

 

Net loss

 

$

(441,255)

Add: Net loss allocable to Class A ordinary shares subject to possible redemption

 

 

2,316

Non-Redeemable Net Loss

 

$

(438,939)

Denominator: Weighted Average Non-redeemable ordinary shares

 

 

 

Basic and diluted weighted average shares outstanding, Non-redeemable ordinary shares

 

 

2,414,403

Basic and diluted net loss per share, Non-redeemable ordinary shares

 

$
(0.18)