SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2020

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]

Class A Common Stock Subject to Possible Redemption

At December 31, 2020, the Class A common stocks reflected in the condensed balance sheets are reconciled in the following table:

Gross proceeds	$	300,000,000
Less:
Proceeds allocated to Public Warrants	$	(10,950,000	)
Class A common stocks issuance costs	$	(16,437,493	)
Plus:
Accretion of carrying value to redemption value	$	27,387,493
Class A common stocks subject to possible redemption	$	300,000,000

Basic and Diluted Net Income (Loss) Per Common Share

The following table reflects the calculation of basic and diluted net income (loss) per common stock (in dollars, except per share amounts):

	Year Ended December 31, 2020						Period of Inception to December 31, 2019
	Class A			Class B			Class A		Class B
Basic and diluted net income (loss) per common stock
Numerator:
Allocation of net income (loss), as adjusted		(19,576,070	)		(4,894,017	)		2,556,298		2,514,844
Denominator:
Basic and diluted weighted average shares outstanding		30,000,000			7,500,000			7,142,857		7,027,027
Basic and diluted net income (loss) per common stock		(0.65	)		(0.65	)		0.36		0.36