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Balance Sheets - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash $ 1,250 $ 25,000
Prepaid expenses 437,500
Total current assets 438,750 25,000
Other assets 364,583
Cash equivalents held in Trust Account 230,000,819
Total Assets 230,804,152 25,000
Current liabilities:    
Accrued expenses 28,099 98
Payables to related party 4,295 2,351
Sponsor loan - promissory notes 427,612
Franchise tax payable 24,615
Income tax payable 26
Total current liabilities 484,647 2,449
Warrant liability 12,061,764
Total liabilities 12,546,411 2,449
Commitments and Contingencies
Class A common stock, 21,325,774 and -0- shares subject to possible redemption at $10.00 per share as of December 31, 2020 and 2019, respectively 213,257,740
Stockholders’ Equity:    
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding
Class A common stock, $0.0001 par value; 200,000,000 shares authorized; 2,174,226 and -0- shares issued and outstanding (excluding 21,325,774 and -0- shares subject to possible redemption) as of December 31, 2020 and 2019, respectively 217
Class B common stock, $0.0001 par value; 30,000,000 shares authorized; 5,750,000 shares issued and outstanding as of December 31, 2020 and 2019 575 575 [1]
Additional paid-in capital 7,884,457 24,425
Accumulated deficit (2,885,248) (2,449)
Total Stockholders’ Equity 5,000,001 22,551
Total Liabilities and Stockholders’ Equity $ 230,804,152 $ 25,000
[1] This number has been retroactively restated to reflect the recapitalization of the Company in the form of a 2.5-for-1 stock split and subsequent return to the Company, which resulted in cancellation of 8,625,000 Founder Shares (see Note 6).