XML 34 R19.htm IDEA: XBRL DOCUMENT v3.21.2
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
Summary of basic and diluted net income (loss) per ordinary share
The following table reflects the calculation of basic and diluted net income (loss) per ordinary share (in dollars, except per share amounts):
 
    
For the year
ended
December 31,
2020
    
For the
period from
September 9,
2019
(Inception)
through
December 31,
2019
 
Redeemable Class A ordinary shares
                 
Numerator: Earnings allocable to Redeemable Class A ordinary shares
                 
Interest income and realized gain from sale of treasury securities
   $ 1,845,877      $ —    
    
 
 
    
 
 
 
Redeemable net earnings
   $ 1,845,877      $ —    
    
 
 
    
 
 
 
     
Denominator: Weighted average redeemable Class A ordinary shares
                 
Redeemable Class A ordinary shares, basic and diluted
     27,600,000        —    
Earnings/basic and diluted redeemable Class A ordinary shares
   $ 0.07      $ —    
    
 
 
    
 
 
 
     
Non-redeemable Class B
ordinary shares
                 
Numerator: Net income minus redeemable net earnings
                 
Net income (loss)
   $ (10,506,796    $ (22,966
Redeemable net earnings
     1,845,877        —    
    
 
 
    
 
 
 
Non-redeemable net
loss
   $ (12,352,673    $ (22,966
    
 
 
    
 
 
 
     
Denominator: weighted
average non-redeemable Class B
ordinary shares
                 
Non-redeemable Class B
ordinary shares, basic and diluted
     6,794,262        6,000,000  
Loss/ Basic and diluted
non-redeemable
ordinary shares
   $ (1.82    $ (0.00