Restatement of Previously Issued Financial Statements (Tables)

6 Months Ended

Dec. 31, 2020

Condensed Financial Information Disclosure [Abstract]

Schedule of balance sheets

As of December 22, 2020	As Previously Amended			Adjustment			As Restated
Total assets	$	173,768,042		$	-		$	173,768,042
Total liabilities	$	19,416,756		$	-		$	19,416,756
Class A common stock subject to possible redemption		149,351,280			23,148,720			172,500,000
Preferred stock		-			-			-
Class A common stock		231			(231	)		-
Class B common stock		431			-			431
Additional paid-in capital		5,572,255			(5,572,255	)		-
Accumulated deficit		(572,911	)		(17,576,234	)		(18,149,145	)
Total stockholders’ equity (deficit)	$	5,000,006		$	(23,148,720	)	$	(18,148,714	)
Total Liabilities, Class A Common Stock Subject to Possible Redemption and Stockholders’ Equity (Deficit)	$	173,768,042		$	-		$	173,768,042
Shares of Class A common stock subject to possible redemption		14,935,128			2,314,872			17,250,000
Shares of Class A common stock		2,314,872			(2,314,872	)		-

As of December 31, 2020	As Previously Reported			Adjustment			As Restated
Total assets	$	173,769,443		$	-		$	173,769,443
Total liabilities	$	21,127,272		$	-		$	21,127,272
Class A common stock subject to possible redemption		147,642,170			24,857,830			172,500,000
Preferred stock		-			-			-
Class A common stock		249			(249	)		-
Class B common stock		431			-			431
Additional paid-in capital		7,281,347			(7,281,347	)		-
Accumulated deficit		(2,282,026	)		(17,576,234	)		(19,858,260	)
Total stockholders’ equity (deficit)	$	5,000,001		$	(24,857,830	)	$	(19,857,829	)
Total Liabilities, Class A Common Stock Subject to Possible Redemption and Stockholders’ Equity (Deficit)	$	173,769,443		$	-		$	173,769,443
Shares of Class A common stock subject to possible redemption		14,764,217			2,485,783			17,250,000
Shares of Class A common stock		2,485,783			(2,485,783	)		-

Schedule of cash flows

For The Period From June 18, 2020 (Inception) Through December 31, 2020	As Previously Reported			Adjustment			As Restated
Supplemental Disclosure of Noncash Financing Activities:
Initial value of Class A common stock subject to possible redemption	$	162,258,020		$	(162,258,020	)	$	-
Change in value of Class A common stock subject to possible redemption	$	(14,615,850	)	$	14,615,850		$	-

Schedule of operations

	Earnings Per Share for Class A common stock
For the period from June 18, 2020 (inception) through December 31, 2020	As Reported			Adjustment			As Adjusted
Net loss	$	(2,282,026	)	$	-		$	(2,282,026	)
Weighted average shares outstanding		17,250,000			(16,264,286	)		985,714
Basic and diluted earnings per share	$	-		$	(0.48	)	$	(0.48	)

	Earnings Per Share for Class B common stock
For the period from June 18, 2020 (inception) through December 31, 2020	As Reported			Adjustment		As Adjusted
Net loss	$	(2,282,026	)	$	-	$	(2,282,026	)
Weighted average shares outstanding		3,782,143			-		3,782,143
Basic and diluted earnings per share	$	(0.60	)	$	0.12	$	(0.48	)