Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies Basis of Presentation (Tables)

v3.21.2
Summary of Significant Accounting Policies Basis of Presentation (Tables)
5 Months Ended
Dec. 31, 2020
Accounting Policies [Abstract]  
Schedule Of Earnings Per Share Basic And Diluted
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

July 29, 2020

(inception) Through

December 31, 2020
 
Redeemable Class A Ordinary Shares
        
Numerator: Earnings allocable to Redeemable Class A Ordinary Shares
        
Interest Income
   $ 85,104  
    
 
 
 
Redeemable Net Earnings
   $ 85,104  
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 Loss minus Redeemable Net Earnings
        
Net Loss
   $ (20,061,109
Redeemable Net Earnings
     (85,104
    
 
 
 
Non-Redeemable
Net Loss
   $ (20,146,213
Denominator: Weighted Average Non-Redeemable Class B  Ordinary Shares
        
Non-Redeemable
Class B Ordinary Shares, Basic and Diluted
     10,000,000  
Loss/Basic and Diluted Non-Redeemable Class B  Ordinary Shares
   $ (2.01