Basic and Diluted Net Income (Loss) per Ordinary Share |
The following table reflects the calculation of basic and diluted net income (loss) per ordinary share (in dollars, except per share amounts): | | Three Months Ended March 31, | | | | | | | | | Ordinary shares subject to possible redemption | | | | | | | Numerator: Earnings allocable to Ordinary shares subject to possible redemption | | | | | | | Interest income | | $ | 11,092 | | | $ | 883,757 | | Unrealized gain on investments held in Trust Account | | | — | | | | 1,092,977 | | Net income | | $ | 11,092 | | | $ | 1,976,734 | | Denominator: Weighted Average Ordinary shares subject to possible redemption | | | | | | | | | Basic and diluted weighted average shares outstanding | | | 17,108,013 | | | | 22,424,313 | | Basic and diluted net income per share | | $ | — | | | $ | 0.09 | | | | | | | | | | | Non-Redeemable Ordinary Shares | | | | | | | | | Numerator: Net Loss minus Net Earnings | | | | | | | | | Net (loss) income | | $ | (78,928,074 | ) | | $ | 1,822,107 | | Net loss allocable to Ordinary shares subject to possible redemption | | | (11,092 | ) | | | (1,976,734 | ) | Non-Redeemable Net Loss | | $ | (78,939,166 | ) | | $ | (154,627 | ) | Denominator: Weighted Average Non-Redeemable Ordinary Shares | | | | | | | | | Basic and diluted weighted average shares outstanding | | | 14,141,750 | | | | 8,825,687 | | Basic and diluted net (loss) income per share | | $ | (5.58 | ) | | $ | (0.02 | ) |
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The following table reflects the calculation of basic and diluted net income (loss) per ordinary share (in dollars, except per share amounts): | | For year ended | | | For the Period from June 7, 2019 (Inception) through | | | | | | | | | Ordinary shares subject to possible redemption | | | | | | | Numerator: Earnings allocable to Ordinary shares subject to possible redemption | | | | | | | Interest income | | $ | 1,545,139 | | | $ | 1,721,223 | | Unrealized gain on investments held in Trust Account | | | 3,235 | | | | 106,750 | | Net income | | $ | 1,548,374 | | | $ | 1,827,973 | | Denominator: Weighted Average Ordinary shares subject to possible redemption | | | | | | | | | Basic and diluted weighted average shares outstanding | | | 22,226,328 | | | | 21,936,952 | | Basic and diluted net income per share | | $ | 0.07 | | | $ | 0.08 | | | | | | | | | | | Non-Redeemable Ordinary Shares | | | | | | | | | Numerator: Net Loss minus Net Earnings | | | | | | | | | Net (loss) income | | $ | (52,021,521 | ) | | $ | 5,352,568 | | Net loss allocable to Ordinary shares subject to possible redemption | | | (1,548,374 | ) | | | (1,827,973 | ) | Non-Redeemable Net (Loss) Income
| | $ | (53,569,895 | ) | | $ | 3,524,595 | | Denominator: Weighted Average Non-Redeemable Ordinary Shares | | | | | | | | | Basic and diluted weighted average shares outstanding | | | 9,023,672 | | | | 8,367,106 | | Basic and diluted net (loss) income per share | | $ | | | | $ | 0.42 | |
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