XML 16 R5.htm IDEA: XBRL DOCUMENT v3.21.1
Condensed Statement of Changes in Shareholders’ Equity (Unaudited) - 2 months ended Mar. 31, 2021 - USD ($)
Class B Ordinary Shares
Additional Paid-in Capital
Accumulated Deficit
Total
Balance at Feb. 03, 2021
Balance (in Shares) at Feb. 03, 2021      
Issuance of Class B ordinary shares to the Sponsor [1] $ 633 24,367 25,000
Issuance of Class B ordinary shares to the Sponsor (in Shares) [1] 6,325,000      
Net loss (5,000) (5,000)
Balance at Mar. 31, 2021 $ 633 $ 24,367 $ (5,000) $ 20,000
Balance (in Shares) at Mar. 31, 2021 6,325,000      
[1] Includes up to 825,000 Class B ordinary shares that are subject to forfeiture depending on the extent to which the underwriters’ over-allotment option is exercised (see Note 5). On April 6, 2021, the Company effected a share capitalization of 862,500 shares, which resulted in 7,187,500 founder shares issued and outstanding as of the date thereof. On April 29, 2021, our sponsor surrendered 862,500 founder shares and, as a result, there are 6,325,000 founder shares issued and outstanding. All share and per share amounts have been retroactively restated to reflect the share capitalization (see Note 5). As further discussed in Note 8, the Company completed its initial public offering on May 4, 2021.