Quarterly report pursuant to Section 13 or 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.21.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
3 Months Ended
Mar. 31, 2021
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  
Schedule of calculation of basic and diluted net income (loss) per ordinary share

Three Months 

Ended 

March 31, 

2021

Class A Ordinary Shares

Numerator: Earnings allocable to Class A Ordinary Shares

Interest Income

$

6,966

Net Earnings

$

6,966

Denominator: Weighted Average Class A Ordinary Shares

Class A Ordinary Shares, Basic and Diluted

34,500,000

Earnings/Basic and Diluted Class A Ordinary Shares

$

0.00

Class B Ordinary Shares

Numerator: Net Income minus Net Earnings

Net Income

$

4,526,692

Net Earnings

(6,966)

Net Income

$

4,519,726

Denominator: Weighted Average Class B Ordinary Shares

Class B Ordinary Shares, Basic and Diluted

7,787,500

Income/Basic and Diluted Class B Ordinary Shares

$

0.58