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Condensed Balance Sheets - USD ($)
Jun. 30, 2021
Dec. 31, 2020
Current assets    
Cash $ 257,621 $ 30,511
Prepaid expenses 234,359
Total Current Assets 491,980 30,511
Deferred offering costs   168,973
Investments held in Trust Account – US Treasury Securities Money Market Fund 139,406,212
TOTAL ASSETS 139,898,192 199,484
Current liabilities    
Accrued offering costs 25,760
Accrued expenses 20,025
Advances from related party 30,000
Promissory note — related party 125,000
Total Current Liabilities 20,025 180,760
Warrant liability 3,693,600
Deferred underwriting fee payable 5,190,000
Total Liabilities 8,903,625 180,760
Commitments and Contingencies
Ordinary shares subject to possible redemption 12,472,363 as of June 30, 2021 and no shares as of December 31, 2020 at redemption value of $10.10 125,994,557
Shareholders’ Equity    
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding
Ordinary shares, $0.0001 par value; 200,000,000 shares authorized; 4,777,637 and 3,450,000 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively [1] 478 345
Additional paid-in capital 3,910,704 24,655
Retained earnings (accumulated deficit) 1,088,828 (6,276)
Total Shareholders’ Equity 5,000,010 18,724
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 139,898,192 $ 199,484
[1] At December 31, 2020, includes an aggregate of up to 450,000 ordinary shares that are subject to forfeiture depending on the extent to which the underwriters’ over-allotment option is exercised (see Note 6). On January 6, 2021, the Company effected a share capitalization of 0.2 shares for each share outstanding, resulting in 3,450,000 ordinary shares issued and outstanding (see Note 6). All share and per share amounts have been retroactively restated to reflect the share capitalization.  As a result of the underwriters’ full exercise of their overallotment option on January 11, 2021, no shares were forfeited.