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STATEMENT OF CASH FLOWS - USD ($)
3 Months Ended 4 Months Ended
Mar. 31, 2021
Dec. 31, 2020
Cash Flows from Operating Activities:    
Net loss $ (232,964) $ (2,122,328)
Adjustments to reconcile net loss to net cash used in operating activities:    
Payment of formation costs through issuance of Class B ordinary shares   4,961
Interest earned on marketable securities held in Trust Account (23,112) (5,892)
Change in fair value of warrant liability (802,834) 1,573,554
Transaction costs in connection with the initial public offering   107,519
Unrealized gain on marketable securities held in Trust Account (6,299) 8,391
Changes in operating assets and liabilities:    
Prepaid expenses   (790,341)
Accrued expenses 696,437 290,148
Prepaid expenses and other current assets 156,516  
Net cash used in operating activities (212,256) (933,988)
Cash Flows from Investing Activities:    
Investment of cash in Trust Account   (92,000,000)
Net cash used in investing activities   (92,000,000)
Cash Flows from Financing Activities:    
Proceeds from sale of Units, net of underwriting discounts paid   90,160,000
Proceeds from sale of Private Placement Units   4,340,000
Proceeds from promissory note - related party   147,753
Repayment of promissory note - related party   (147,753)
Payment of offering costs   (578,825)
Net cash provided by financing activities   93,921,175
Net Change in Cash (212,256) 987,187
Cash – End of period 774,931 987,187
Non-Cash investing and financing activities:    
Initial classification of Class A ordinary shares subject to possible redemption   72,522,937
Change in value of Class A ordinary shares subject to possible redemption $ (232,960) (2,429,850)
Initial classification of warrant liability   1,830,460
Offering costs paid directly by Sponsor from proceeds from issuance of Class B ordinary shares   20,039
Deferred underwriting fee payable   $ 3,220,000