Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.21.2
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2021
Accounting Policies [Abstract]  
Schedule of Basic and Diluted Net Income (loss) Per Common Share
 
 
  
For the three months
ended June 30, 2021
 
 
For the six months
ended June 30, 2021
 
Class A ordinary shares
  
 
Numerator: Earnings allocable to Class A ordinary shares
  
 
Unrealized gain on investments held in Trust Account
  
$
34,940
 
 
$
43,775
 
Less: Company’s portion available to be withdrawn to pay taxes
  
$
(34,940
 
$
(43,775
  
 
 
 
 
 
 
 
Net income attributable to Class A ordinary shares
  
$
—  
 
 
$
—  
 
  
 
 
 
 
 
 
 
Denominator: Weighted average Class A ordinary shares
  
 
Basic and diluted weighted average shares outstanding
  
 
97,746,081
 
 
 
97,746,566
 
  
 
 
 
 
 
 
 
Basic and diluted net income per share
  
$
—  
 
 
$
—  
 
  
 
 
 
 
 
 
 
Class B ordinary shares
  
 
Numerator: Net Loss minus Net Earnings allocable to Class A ordinary shares
  
 
Net loss
  
$
(3,605,725
 
$
(5,829,716
Net income allocable to Class A ordinary shares
  
 
 
 
 
 
  
 
 
 
 
 
 
 
Net loss allocable to Class B ordinary shares
  
$
(3,605,725
 
$
(5,829,716
  
 
 
 
 
 
 
 
Denominator: weighted average Class B ordinary shares
  
 
Basic and diluted weighted average shares outstanding, Class B ordinary shares
  
 
24,437,500
 
 
 
23,099,102
 
  
 
 
 
 
 
 
 
Basic and diluted net loss per share, Class B ordinary shares
  
$
(0.16
 
$
(0.25