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
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  
Schedule of calculation of basic and diluted net income (loss) per ordinary share

Three Months 

Six Months 

Ended 

Ended 

June 30, 

June 30, 

2021

2021

Class A Ordinary Shares

Numerator: Earnings allocable to Class A Ordinary Shares

Interest Income

$

27,535

$

34,501

Redeemable Net Earnings

$

27,535

$

34,501

Denominator: Weighted Average Class A Ordinary Shares

Class A Ordinary Shares, Basic and Diluted

34,500,000

34,500,000

Earnings/Basic and Diluted Class A Ordinary Shares

$

0.00

$

0.00

Class B Ordinary Shares

Numerator: Net Loss minus Net Earnings

Net Loss

$

(5,768,182)

$

(1,241,490)

Less: Redeemable Net Earnings

(27,535)

(34,501)

Net Loss

$

(5,795,717)

$

(1,275,991)

Denominator: Weighted Average Class B Ordinary Shares

Class B Ordinary Shares, Basic and Diluted

8,625,000

8,208,564

Loss/Basic and Diluted Class B Ordinary Shares

$

(0.67)

$

(0.16)