Registration of securities issued in business combination transactions

Statement of Operations

v3.21.2
Statement of Operations - USD ($)
 3 Months Ended
Mar. 31, 2021
Dec. 31, 2020
General and administrative expenses $ 208,506 $ 18,620
Loss from operations (208,506)  
Other income (expense)    
Change in fair value of derivative warrant liabilities (912,840)  
Financing costs - derivative warrant liabilities (1,111,480)  
Unrealized gain on investments held in Trust Account 8,835  
Total other income (expense) (2,015,485)  
Net loss $ (2,223,991) $ (18,620)
Basic and diluted weighted average shares outstanding [1],[2]   21,250,000
Basic and diluted net loss per ordinary share   $ 0.00
Class A Ordinary Shares    
Other income (expense)    
Net loss   $ 0
Basic and diluted weighted average shares outstanding 97,750,000  
Basic and diluted net loss per ordinary share $ 0  
Class B Ordinary Shares    
Other income (expense)    
Basic and diluted weighted average shares outstanding 21,745,833  
Basic and diluted net loss per ordinary share $ (0.10)  
[1] On February 10, 2021, the Company effected a share capitalization resulting in an aggregate of 24,437,500 Class B ordinary shares outstanding. All shares and associated amounts have been retroactively restated to reflect the share capitalization (see Note 5).
[2] This number excludes an aggregate of up to 3,187,500 Class B ordinary shares subject to forfeiture if the over-allotment option is not exercised in full or in part by the underwriters.