XML 13 R2.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Balance Sheets - USD ($)
Jun. 30, 2021
Dec. 31, 2020
Current assets    
Cash $ 936,270
Prepaid expenses 340,510
Total Current Assets 1,276,780
Deferred offering costs 89,500
Marketable securities held in Trust Account 230,009,642
TOTAL ASSETS 231,286,422 89,500
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Current liabilities
Accounts payable and accrued expenses 331,346
Promissory note – related party 69,500
Total Current Liabilities 331,346 69,500
Warrant liabilities 15,110,000
Deferred underwriting commission payable 8,650,000
Total Liabilities 24,091,346 69,500
Commitments and Contingencies  
Class A ordinary shares subject to possible redemption 20,218,660 and no shares at redemption value at June 30, 2021 and December 31, 2020, respectively 202,195,076
Shareholders’ Equity    
Preference shares, $0.0001 par value; 5,000,000 shares authorized; no shares issued and outstanding
Class A ordinary shares, $0.0001 par value; 500,000,000 shares authorized; 2,781,340 and no shares issued and outstanding (excluding 20,218,660 and no shares subject to possible redemption) at June 30, 2021 and December 31, 2020, respectively 278
Class B ordinary shares, $0.0001 par value; 50,000,000 shares authorized; 5,750,000 shares issued and outstanding, at June 30, 2021 and December 31, 2020 575 575
Additional paid-in capital 7,525,141 24,425
Accumulated deficit (2,525,994) (5,000)
Total Shareholders’ Equity 5,000,000 20,000
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 231,286,422 $ 89,500