Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.21.2
Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2021
Accounting Policies [Abstract]  
Schedule Of Earnings Per Share Basic And Diluted
The following table reflects the calculation of basic and diluted net income per ordinary share (in dollars, except per share amounts):
 
    
For the Three Months
ended March 31, 2021
 
Redeemable Class A Ordinary Shares
        
Numerator: Earnings allocable to Redeemable Class A Ordinary Shares
        
Interest Income
   $ 89,062  
    
 
 
 
Net Earnings
   $ 89,062  
Denominator: Weighted Average Redeemable Class A Ordinary Shares
        
Redeemable Class A Ordinary Shares, Basic and Diluted
     40,000,000  
Earnings/Basic and Diluted Redeemable Class A Ordinary Shares
   $ 0.00  
Non-Redeemable
Class B Ordinary Shares
        
Numerator: Net Income minus Redeemable Net Earnings
        
Net Income
   $ 19,314,054  
Redeemable Net Earnings
     (89,062
    
 
 
 
Non-Redeemable
Net Income
   $ 19,224,992  
Denominator: Weighted Average
Non-Redeemable
Class B Ordinary Shares
        
Non-Redeemable
Class B Ordinary Shares, Basic and Diluted
     10,000,000  
Income/Basic and Diluted
Non-Redeemable
Class B Ordinary Shares
   $ 1.92