XML 70 R20.htm IDEA: XBRL DOCUMENT v3.21.2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 3 Months Ended 4 Months Ended
Mar. 31, 2021
Dec. 31, 2020
Accounting Policies [Abstract]    
Schedule of basic and diluted net income (loss) per ordinary share
The following table reflects the calculation of basic and diluted net loss per ordinary share (in dollars, except per share amounts):
 
   
Three Months

Ended

March 31,

2021
 
Class A ordinary Shares subject to possible redemption
     
Numerator: Earnings allocable to Class A ordinary shares subject to possible redemption
     
Interest earned on marketable securities held in Trust Account
  
$
20,507
 
Unrealized gain on marketable securities held in Trust Account
  
 
5,589
 
   
 
 
 
Net income attributable
  
$
26,096
 
   
 
 
 
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
  
 
8,186,086
 
   
 
 
 
Basic and diluted net income per share, Class A ordinary shares subject to possible redemption
  
$
0.00
 
   
 
 
 
Non-Redeemable
Ordinary Shares
     
Numerator: Net Loss minus Net Earnings
     
Net loss
  
$
(232,964
) 
  
Less: Net income allocable to Class A ordinary shares subject to possible redemption
   (26,096) 
   
 
 
 
Non-Redeemable
Net Loss
  
$
(259,060
) 
   
 
 
 
Denominator: Weighted Average
Non-redeemable
ordinary shares
     
Basic and diluted weighted average shares outstanding,
Non-redeemable
ordinary shares
  
 
3,747,914
 
   
 
 
 
Basic and diluted net loss per share,
Non-redeemable
ordinary shares
  
$
(0.07
) 
   
 
 
 
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
  $5,243 
Unrealized gain (loss) on marketable securities held in Trust Account
   (7,466) 
Net income attributable to Class A ordinary shares subject to possible redemption
  $(2,223) 
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
   8,181,335 
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
  $(2,122,328) 
Add: Net loss allocable to Class A ordinary shares subject to possible redemption
   2,223 
Non-Redeemable
Net Loss
  $(2,120,105) 
Denominator: Weighted Average
Non-redeemable
ordinary shares
  
Basic and diluted weighted average shares outstanding,
Non-redeemable
ordinary shares
   2,461,095 
Basic and diluted net loss per share,
Non-redeemable
ordinary shares
  $(0.86)