Quarterly report pursuant to Section 13 or 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.21.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
3 Months Ended
Mar. 31, 2021
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  
Reconciliation of Net Loss per Common Share

Three Months 

Ended 

March 31, 

    

2021

Class A Ordinary Shares

Numerator: Earnings allocable to Class A Ordinary Shares

Interest Income

$

9,289

Less: Applicable Income and Franchise Tax

Net Earnings

$

9,289

Denominator: Weighted Average Class A Ordinary Shares

Class A Ordinary Shares, Basic and Diluted

34,500,000

Earnings/Basic and Diluted Class A Ordinary Shares

$

0.00

Class A and B Ordinary Shares

Numerator: Net Income minus Net Earnings

Net Income

$

13,418,851

Net Earnings

(9,289)

Net Income

$

13,409,562

Denominator: Weighted Average and B Ordinary Shares and B Ordinary Shares, Basic and Diluted

7,950,000

Income/Basic and Diluted and B Ordinary Shares

$

1.69