0001213900-21-028824.txt : 20210524 0001213900-21-028824.hdr.sgml : 20210524 20210524165419 ACCESSION NUMBER: 0001213900-21-028824 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 43 CONFORMED PERIOD OF REPORT: 20210331 FILED AS OF DATE: 20210524 DATE AS OF CHANGE: 20210524 FILER: COMPANY DATA: COMPANY CONFORMED NAME: D8 Holdings Corp. CENTRAL INDEX KEY: 0001812173 STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770] IRS NUMBER: 000000000 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-39384 FILM NUMBER: 21955715 BUSINESS ADDRESS: STREET 1: 10/F, CHAMPION TOWER STREET 2: 3 GARDEN ROAD CITY: CENTRAL STATE: K3 ZIP: 00000 BUSINESS PHONE: 852 3973 5500 MAIL ADDRESS: STREET 1: 10/F, CHAMPION TOWER STREET 2: 3 GARDEN ROAD CITY: CENTRAL STATE: K3 ZIP: 00000 10-Q 1 f10q0321_d8holdings.htm QUARTERLY REPORT

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 10-Q

 

(Mark One)

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 

For the quarterly period ended March 31, 2021

 

OR

 

TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 

For the transition period from            to          

  

D8 HOLDINGS CORP.

(Exact name of registrant as specified in its charter)

 

Cayman Islands   001-39384   N/A
(State or other jurisdiction
of incorporation)
  (Commission
File Number)
  (IRS Employer
Identification No.)

 

Unit 1008, 10/F, Champion Tower

3 Garden Road

Central, Hong Kong

(Address of principal executive offices, including zip code)

 

Registrant’s telephone number, including area code: +852 3973 5500

 

Not Applicable
(Former name or former address, if changed since last report)

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which
registered
Units, each consisting of one Class A ordinary share, $0.0001 par value, and one-half of one redeemable warrant   DEH.U   The New York Stock Exchange
Class A ordinary shares, par value $0.0001 par value   DEH   The New York Stock Exchange
Redeemable warrants, each warrant exercisable for one Class A ordinary share, each at an exercise price of $11.50 per share   DEH WS   The New York Stock Exchange

 

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes  ☒  No ☐

 

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes  ☒  No  ☐

 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

 

Large accelerated filer       ☐   Accelerated filer                           ☐ 
Non-accelerated filer         ☒   Smaller reporting company         ☒ 
    Emerging growth company         ☒ 

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

 

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes  ☒  No  ☐

 

As of May 24, 2020, 34,500,000 Class A ordinary shares, par value $0.0001 per share, and 8,625,000 Class B ordinary shares, par value $0.0001 per share, were issued and outstanding, respectively.

 

 

 

 

  

D8 HOLDINGS CORP.

Quarterly Report on Form 10-Q

Table of Contents

 

    Page No.
   
PART I. FINANCIAL INFORMATION 1
     
Item 1. Financial Statements 1
     
  Condensed Balance Sheets as of March 31, 2021 (Unaudited) and December 31, 2020 1
     
  Unaudited Condensed Statement of Operations for the Three Months Ended March 31, 2021 2
     
  Unaudited Condensed Statement of Changes in Shareholders’ Equity for the Three Months Ended March 31, 2021 3
     
  Unaudited Condensed Statement of Cash Flows for the Three Months Ended March 31, 2021 4
     
  Notes to Unaudited Condensed Financial Statements 5
     
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations 18
     
Item 3. Quantitative and Qualitative Disclosures About Market Risk 24
     
Item 4. Controls and Procedures 25
   
PART II. OTHER INFORMATION 26
     
Item 1. Legal Proceedings 26
     
Item 1A. Risk Factors 26
     
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds from Registered Securities 26
     
Item 3. Defaults Upon Senior Securities 27
     
Item 4. Mine Safety Disclosures 27
     
Item 5. Other Information 27
     
Item 6. Exhibits 27
   
SIGNATURES 28

 

i

 

  

PART I - FINANCIAL INFORMATION

 

Item 1. Financial Statements.

 

D8 HOLDINGS CORP.

CONDENSED BALANCE SHEETS

 

   March 31,
2021
   December 31,
2020
 
   (Unaudited)     
Assets        
Current assets:        
Cash  $1,027,964   $1,097,313 
Prepaid expenses   65,000    132,958 
Total current assets   1,092,964    1,230,271 
Investments held in Trust Accounts   345,258,401    345,191,130 
Total Assets  $346,351,365   $346,421,401 
           
Liabilities and Shareholders’ Equity          
Current liabilities:          
Accounts payable  $57,199   $13,682 
Accrued expenses   1,457,512    112,538 
Total current liabilities   1,514,711    126,220 
Deferred underwriting commissions   12,075,000    12,075,000 
Warrant liabilities   31,140,500    29,415,500 
Total liabilities   44,730,211    41,616,720 
           
Commitments and Contingencies (Note 5)          
           
Class A ordinary shares, $0.0001 par value; 200,000,000 shares authorized, 29,662,115 and 29,980,468 shares subject to possible redemption at $10.00 per share as of March 31, 2021 and December 31, 2020, respectively   296,621,150    299,804,680 
           
Shareholders’ Equity:          
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding   -    - 
Class A ordinary shares, $0.0001 par value; 200,000,000 shares authorized; 4,837,885 and 4,519,532 shares issued and outstanding (excluding 29,662,115 and 29,980,468 shares subject to possible redemption) as of March 31, 2021 and December 31, 2020, respectively   484    452 
Class B ordinary shares, $0.0001 par value; 20,000,000 shares authorized; 8,625,000 shares issued and outstanding as of March 31, 2021 and December 31, 2020   863    863 
Additional paid-in capital   17,644,892    14,461,394 
Accumulated deficit   (12,646,235)   (9,462,708)
Total shareholders’ equity   5,000,004    5,000,001 
Total Liabilities and Shareholders’ Equity  $346,351,365   $346,421,401 

 

The accompanying notes are an integral part of these unaudited condensed financial statements.

 

1

 

  

D8 HOLDINGS CORP.

UNAUDITED CONDENSED STATEMENT OF OPERATIONS

 

   For the
Three
Months
Ended
 
   March 31,
2021
 
Operating expenses    
General and administrative expenses  $1,495,798 
Administrative fee - related party   30,000 
Loss from Operations   (1,525,798)
Change in fair value of warrant liabilities   (1,725,000)
Net gain from investments held in Trust Accounts   67,271 
Net loss  $(3,183,527)
      
Weighted average shares outstanding of Class A ordinary shares, basic and diluted   34,500,000 
      
Basic and diluted net income per share, Class A ordinary shares  $0.00 
      
Weighted average shares outstanding of Class B ordinary shares, basic and diluted   8,625,000 
      
Basic and diluted net loss per share, Class B ordinary shares  $(0.38)

 

The accompanying notes are an integral part of these unaudited condensed financial statements.

 

2

 

  

D8 HOLDINGS CORP.

UNAUDITED CONDENSED STATEMENT OF CHANGES IN SHAREHOLDERS’ EQUITY

 

   Ordinary Shares   Additional       Total 
   Class A   Class B   Paid-in   Accumulated   Shareholders’ 
   Shares   Amount   Shares   Amount   Capital   Deficit   Equity 
Balance -  December 31, 2020   4,519,532   $452    8,625,000   $863   $14,461,394   $(9,462,708)  $5,000,001 
Shares subject to possible redemption   318,353    32    -    -    3,183,498    -    3,183,530 
Net loss   -    -    -    -    -    (3,183,527)   (3,183,527)
Balance -  March 31, 2021 (unaudited)   4,837,885   $484    8,625,000   $863   $17,644,892   $(12,646,235)  $5,000,004 

 

The accompanying notes are an integral part of these unaudited condensed financial statements.

 

3

 

  

D8 HOLDINGS CORP.

UNAUDITED CONDENSED STATEMENT OF CASH FLOWS

 

   For the
Three
Months
Ended
 
   March 31,
2021
 
Cash Flows from Operating Activities:    
Net loss  $(3,183,527)
Adjustments to reconcile net loss to net cash used in operating activities:     
Change in fair value of warrant liabilities   1,725,000 
Net gain from investments held in Trust Accounts   (67,271)
Changes in operating assets and liabilities:     
Prepaid expenses   67,958 
Accounts payable   43,517 
Accrued expenses   1,344,974 
Net cash used in operating activities   (69,349)
      
Net change in cash   (69,349)
      
Cash - beginning of the period   1,097,313 
Cash - end of the period  $1,027,964 
      
Supplemental disclosure of noncash activities:     
Change in value of Class A ordinary shares subject to possible redemption  $3,183,530 

 

The accompanying notes are an integral part of these unaudited condensed financial statements.

 

4

 

  

D8 HOLDINGS CORP.

NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

 

Note 1—Description of Organization and Business Operations

 

D8 Holdings Corp. (the “Company”) was incorporated as a Cayman Islands exempted company on May 6, 2020. The Company was incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses (the “Business Combination”). Although the Company is not limited to a particular industry or sector for purposes of consummating a Business Combination, the Company intends to focus its search on the consumer retail sector. The Company is an emerging growth company and, as such, the Company is subject to all of the risks associated with emerging growth companies.

 

As of March 31, 2021, the Company had not commenced any operations. All activity for the period from May 6, 2020 (inception) through March 31, 2021 relates to the Company’s formation, and the initial public offering described below, and since the initial public offering, a search for a business combination target. The Company will not generate any operating revenues until after the completion of its initial Business Combination, at the earliest. The Company will generate non-operating income in the form of net gain from investments held in Trust Account from the proceeds derived from the Initial Public Offering (as defined below). The Company has selected December 31 as its fiscal year end.

 

Financing

 

The Company’s sponsor is D8 Sponsor LLC, a Cayman Islands limited liability company (the “Sponsor”).The registration statement for the Initial Public Offering was declared effective on July 14, 2020. On July 17, 2020, the Company consummated the Initial Public Offering of 30,000,000 units (the “Units”) at $10.00 per Unit, generating gross proceeds of $300.0 million (the “Initial Public Offering”). Each Unit consists of one Class A ordinary share (the “Public Shares”) of the Company, par value $0.0001, and one-half of one redeemable warrant (the “Public Warrants”) of the Company, with each whole warrant entitled to purchase one Class A Ordinary Share for $11.50 per share, subject to adjustment. On July 24, 2020, the underwriters exercised the over-allotment option in full and purchased an additional 4,500,000 Units (the “Over-Allotment Units”), generating additional gross proceeds of $45.0 million. The Company incurred total offering costs of approximately $19.5 million in underwriting fees (inclusive of approximately $12.1 million in deferred underwriting fees) (Note 5).

 

Simultaneously with the closing of the Initial Public Offering, the Company consummated the private placement (“Private Placement”) of 8,000,000 warrants (each, a “Private Placement Warrant” and collectively, the “Private Placement Warrants”) to the Sponsor, each exercisable to purchase one Class A ordinary share at $11.50 per share, at a price of $1.00 per Private Placement Warrant, generating gross proceeds to the Company of $8.0 million, and incurring offering costs of approximately $16,000 (Note 4). On July 24, 2020, simultaneously with the sale of the Over-Allotment Units, the Company consummated a private sale of an additional 900,000 Private Placement Warrants to the Sponsor, generating gross proceeds of $900,000.

 

Trust Account

 

Upon the closing of the Initial Public Offering and the Private Placement, $345.0 million ($10.00 per Unit) of the net proceeds of the Initial Public Offering and certain of the proceeds of the Private Placement was placed in trust accounts (“Trust Accounts”), located in the United States with Continental Stock Transfer & Trust Company acting as trustee, and is invested only in U.S. government securities, within the meaning set forth in Section 2(a)(16) of the Investment Company Act, having a maturity of 185 days or less or in money market funds meeting certain conditions under Rule 2a-7 promulgated under the Investment Company Act which invest only in direct U.S. government treasury obligations, until the earlier of: (i) the completion of a Business Combination or (ii) the distribution of the Trust Account as described below.

 

5

 

 

D8 HOLDINGS CORP.

NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

 

Initial Business Combination

 

The Company’s management has broad discretion with respect to the specific application of the net proceeds of the Initial Public Offering and the sale of Private Placement Warrants, although substantially all of the net proceeds are intended to be applied generally toward consummating a Business Combination. There is no assurance that the Company will be able to complete a Business Combination successfully. The Company must complete an initial Business Combination with one or more operating businesses or assets with a fair market value of at least 80% of the net assets held in the Trust Account (as defined below) (excluding the amount of any deferred underwriting discount held in the Trust Account) at the time of the agreement to enter into the initial Business Combination. However, the Company will only complete a Business Combination if the post-transaction company owns or acquires 50% or more of the outstanding voting securities of the target or otherwise acquires a controlling interest in the target sufficient for it not to be required to register as an investment company under the Investment Company Act 1940, as amended (the “Investment Company Act”).

 

The Company will provide its holders (the “Public Shareholders”) of its Class A ordinary shares, par value $0.0001, sold in the Initial Public Offering, with the opportunity to redeem all or a portion of their Public Shares upon the completion of a Business Combination either (i) in connection with a general meeting called to approve the Business Combination or (ii) by means of a tender offer. The decision as to whether the Company will seek shareholder approval of a Business Combination or conduct a tender offer will be made by the Company, solely in its discretion. The Public Shareholders will be entitled to redeem their Public Shares for a pro rata portion of the amount then in the Trust Account (initially anticipated to be $10.00 per Public Share). The per-share amount to be distributed to Public Shareholders who redeem their Public Shares will not be reduced by the deferred underwriting commissions the Company will pay to the underwriters (as discussed in Note 5). These Public Shares were classified as temporary equity upon the completion of the Initial Public Offering in accordance with the Financial Accounting Standards Board’s (“FASB”) Accounting Standards Codification (“ASC”) Topic 480 “Distinguishing Liabilities from Equity.” In such case, the Company will proceed with a Business Combination if the Company has net tangible assets of at least $5,000,001 and the approval of an ordinary resolution. If a shareholder vote is not required by law and the Company does not decide to hold a shareholder vote for business or other legal reasons, the Company will, pursuant to its Amended and Restated Memorandum and Articles of Association, conduct the redemptions pursuant to the tender offer rules of the U.S. Securities and Exchange Commission (“SEC”) and file tender offer documents with the SEC prior to completing a Business Combination. If, however, shareholder approval of the transactions is required by law, or the Company decides to obtain shareholder approval for business or legal reasons, the Company will offer to redeem shares in conjunction with a proxy solicitation pursuant to the proxy rules and not pursuant to the tender offer rules. Additionally, each Public Shareholder may elect to redeem their Public Shares irrespective of whether they vote for or against the proposed transaction. If the Company seeks shareholder approval in connection with a Business Combination, the initial shareholders (as defined below) have agreed to vote their Founder Shares (as defined below in Note 4) and any Public Shares purchased during or after the Initial Public Offering in favor of a Business Combination. In addition, the initial shareholders have agreed to waive their redemption rights with respect to their Founder Shares and Public Shares in connection with the completion of a Business Combination.

 

Notwithstanding the foregoing, the Amended and Restated Memorandum and Articles of Association provide that a Public Shareholder, together with any affiliate of such shareholder or any other person with whom such shareholder is acting in concert or as a “group” (as defined under Section 13 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)), will be restricted from redeeming its shares with respect to more than an aggregate of 20% or more of the Class A ordinary shares sold in the Initial Public Offering, without the prior consent of the Company.

 

The Company’s Sponsor, officers and directors (the “initial shareholders”) have agreed, pursuant to a written agreement with the Company, that they will not propose any amendment to the Amended and Restated Memorandum and Articles of Association (A) to modify the substance or timing of the Company’s obligation to allow redemption in connection with the initial Business Combination or to redeem 100% of its Public Shares if the Company does not complete a Business Combination within 24 months from the closing of the Initial Public Offering, or July 17, 2022 (the “Combination Period”) or (B) with respect to any other material provisions relating to shareholders’ rights or pre-initial Business Combination activity, unless the Company provides the Public Shareholders with the opportunity to redeem their Class A ordinary shares upon approval of any such amendment at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the trust account, including interest earned on the funds held in the trust account and not previously released to us to pay our taxes, divided by the number of then outstanding Public Shares.

 

6

 

 

D8 HOLDINGS CORP.

NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

 

If the Company is unable to complete a Business Combination within the Combination Period, the Company will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but not more than ten business days thereafter, redeem the Public Shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest earned on the funds held in the Trust Account and not previously released to the Company (less taxes payable and up to $100,000 of interest to pay dissolution expenses), divided by the number of then outstanding Public Shares, which redemption will completely extinguish Public Shareholders’ rights as shareholders (including the right to receive further liquidation distributions, if any) and (iii) as promptly as reasonably possible following such redemption, subject to the approval of the Company’s remaining shareholders and the Company’s board of directors, liquidate and dissolve, subject, in the case of clauses (ii) and (iii), to the Company’s obligations under Cayman Islands law to provide for claims of creditors and in all cases subject to the other requirements of applicable law.

 

The initial shareholders have agreed to waive their liquidation rights with respect to the Founder Shares if the Company fails to complete a Business Combination within the Combination Period. However, if the initial shareholders or members of the Company’s management team acquire Public Shares in or after the Initial Public Offering, they will be entitled to liquidating distributions from the Trust Account with respect to such Public Shares if the Company fails to complete a Business Combination within the Combination Period. The underwriters have agreed to waive their rights to their deferred underwriting commission (see Note 5) held in the Trust Account in the event the Company does not complete a Business Combination within in the Combination Period and, in such event, such amounts will be included with the other funds held in the Trust Account that will be available to fund the redemption of the Public Shares. In the event of such distribution, it is possible that the per share value of the residual assets remaining available for distribution (including Trust Account assets) will be only $10.00 per share initially held in the Trust Account. In order to protect the amounts held in the Trust Account, the Sponsor has agreed to be liable to the Company if and to the extent any claims by a third party for services rendered or products sold to the Company, or a prospective target business with which the Company has entered into a written letter of intent, confidentiality or other similar agreement or business combination agreement, reduce the amount of funds in the Trust Account to below the lesser of (i) $10.00 per public share and (ii) the actual amount per Public Share held in the Trust Account as of the date of the liquidation of the trust account, if less than $10.00 per share due to reductions in the value of the trust assets, less taxes payable. This liability will not apply with respect to any claims by a third party who executed a waiver of any and all rights to the monies held in the Trust Account (whether or not such waiver is enforceable) or to any claims under the Company’s indemnity of the underwriters of the Initial Public Offering against certain liabilities, including liabilities under the Securities Act of 1933, as amended (the “Securities Act”). Moreover, in the event that an executed waiver is deemed to be unenforceable against a third party, the Sponsor will not be responsible to the extent of any liability for such third-party claims. The Company will seek to reduce the possibility that the Sponsor will have to indemnify the Trust Account due to claims of creditors by endeavoring to have all vendors, service providers (except for the Company’s independent public registered accounting firm), prospective target businesses or other entities with which the Company does business, execute agreements with the Company waiving any right, title, interest or claim of any kind in or to monies held in the Trust Account.

 

Further, Section 102(b)(1) of the JOBS Act exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that have not had a Securities Act registration statement declared effective or do not have a class of securities registered under the Exchange Act) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that an emerging growth company can elect to opt out of the extended transition period and comply with the requirements that apply to non-emerging growth companies but any such an election to opt out is irrevocable. The Company has elected not to opt out of such extended transition period, which means that when a standard is issued or revised and it has different application dates for public or private companies, the Company, as an emerging growth company, can adopt the new or revised standard at the time private companies adopt the new or revised standard.

 

This may make the comparison of the Company’s financial statement with another public company that is neither an emerging growth company nor an emerging growth company that has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used.

 

7

 

 

D8 HOLDINGS CORP.

NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

 

Liquidity and Capital Resources

 

As of March 31, 2021, the Company had approximately $1.0 million in its operating bank account and working capital deficit of approximately $422,000.

 

Prior to the completion of the Initial Public Offering, the Over-Allotment and the Private Placement, the Company’s liquidity needs had been satisfied through the payment of $25,000 in offering costs by the Sponsor in exchange for the issuance of the Founder Shares, and a loan of approximately $127,000 pursuant to the Note issued to the Sponsor (Note 4). The Company repaid the Note in full on July 17, 2020. Subsequent to the consummation of the Initial Public Offering, the Over-Allotment and the Private Placement, the Company’s liquidity needs have been satisfied with the proceeds from the consummation of the Private Placement not held in the Trust Account. In addition, in order to finance transaction costs in connection with a Business Combination, the Sponsor may, but is not obligated to, provide the Company Working Capital Loans (see Note 4). As of March 31, 2021, there were no Working Capital Loans outstanding.

 

Based on the foregoing, management believes that the Company will have sufficient working capital and borrowing capacity from the Sponsor or an affiliate of the Sponsor, or certain of the Company’s officers and directors to meet its needs through the earlier of the consummation of a Business Combination or one year from this filing. Over this time period, the Company will be using these funds for paying existing accounts payable, identifying and evaluating prospective initial Business Combination candidates, performing due diligence on prospective target businesses, paying for travel expenditures, selecting the target business to merge with or acquire, and structuring, negotiating and consummating the Business Combination.

 

Note 2—Basic of Presentation and Summary of Significant Accounting Policies

  

Basis of Presentation

 

The accompanying unaudited condensed financial statements of the Company have been prepared in accordance with United States generally accepted accounting principles (“U.S. GAAP”) for interim financial information and Article 8 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP. In the opinion of management, all adjustments (consisting of normal accruals) considered for a fair presentation have been included. Operating results for the three months ended March 31, 2021 are not necessarily indicative of the results that may be expected for the year ending December 31, 2021.

 

The accompanying unaudited condensed financial statements should be read in conjunction with the audited financial statements and notes thereto included in the Company’s Annual Report on Form 10K/A filed with the SEC on May [●], 2021. 

 

Emerging Growth Company

 

As an emerging growth company, the Company may take advantage of certain exemptions from various reporting requirements that are applicable to other public companies that are not emerging growth companies including, but not limited to, not being required to comply with the auditor attestation requirements of Section 404 of the Sarbanes-Oxley Act of 2002, reduced disclosure obligations regarding executive compensation in its periodic reports and proxy statements, and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and shareholder approval of any golden parachute payments not previously approved.

 

Further, Section 102(b)(1) of the JOBS Act exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that have not had a Securities Act registration statement declared effective or do not have a class of securities registered under the Exchange Act) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that an emerging growth company can elect to opt out of the extended transition period and comply with the requirements that apply to non-emerging growth companies but any such election to opt out is irrevocable. The Company has elected not to opt out of such extended transition period which means that when a standard is issued or revised and it has different application dates for public or private companies, the Company, as an emerging growth company, can adopt the new or revised standard at the time private companies adopt the new or revised standard. This may make comparison of the Company’s financial statements with another public company which is neither an emerging growth company nor an emerging growth company which has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used. This may make comparison of the Company’s financial statement with another public company that is neither an emerging growth company nor an emerging growth company that has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used.

 

8

 

 

D8 HOLDINGS CORP.

NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

 

Use of Estimates

 

The preparation of financial statements in conformity with U.S. GAAP requires the Company’s management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements. Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. One of the more significant accounting estimates included in these financial statements is the determination of the fair value of the warrant liability. Such estimates may be subject to change as more current information becomes available and accordingly the actual results could differ significantly from those estimates.

 

Cash and Cash Equivalents

 

The Company considers all short-term investments with an original maturity of three months or less when purchased to be cash equivalents. There were no cash equivalents held outside the Trust Account as of March 31, 2021 and December 31, 2020.

 

Investments Held in Trust Accounts

 

The Company’s portfolio of investments is comprised solely of U.S. government securities, within the meaning set forth in Section 2(a)(16) of the Investment Company Act, with a maturity of 185 days or less, or investments in money market funds that invest in U.S. government securities, or a combination thereof. The Company’s investments held in the Trust Accounts are classified as trading securities. Trading securities are presented on the balance sheet at fair value at the end of each reporting period. Gains and losses resulting from the change in fair value of these securities is included in gain on investment (net), dividends and interest held in Trust Account in the accompanying unaudited condensed statement of operations. The estimated fair values of investments held in the Trust Accounts are determined using available market information.

 

Concentration of Credit Risk

 

Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash accounts in a financial institution, which, at times, may exceed the Federal Depository Insurance Coverage of $250,000, and investments held in Trust Accounts. The Company has not experienced losses on these accounts and management believes the Company is not exposed to significant risks on such accounts.

 

Fair Value of Financial Instruments

 

Fair value is defined as the price that would be received for sale of an asset or paid for transfer of a liability, in an orderly transaction between market participants at the measurement date. U.S. GAAP establishes a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value.

 

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). These tiers include:

 

Level 1, defined as observable inputs such as quoted prices for identical instruments in active markets;

 

Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable such as quoted prices for similar instruments in active markets or quoted prices for identical or similar instruments in markets that are not active; and

 

Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions, such as valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable.

 

9

 

  

D8 HOLDINGS CORP.

NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

 

In some circumstances, the inputs used to measure fair value might be categorized within different levels of the fair value hierarchy. In those instances, the fair value measurement is categorized in its entirety in the fair value hierarchy based on the lowest level input that is significant to the fair value measurement.

 

As of March 31, 2021 and December 31, 2020, the carrying values of cash, prepaid expenses, accounts payable and accrued expenses approximate their fair values due to the short-term nature of the instruments. The Company’s portfolio of investments held in the Trust Accounts are comprised of investments in U.S. Treasury securities with an original maturity of 185 days or less or investments in money market funds that invest in U.S. government securities, or a combination thereof. The fair value for trading securities is determined using quoted market prices in active markets.

 

Offering Costs Associated with the Initial Public Offering

 

The Company complies with the requirements of the FASB ASC Topic 340-10-S99-1 and SEC Staff Accounting Bulletin Topic 5A – “Expenses of Offering.” Offering costs consist of costs incurred in connection with the formation and preparation for the Initial Public Offering. These costs, together with the underwriting discount, were charged to additional paid-in capital upon the completion of the Initial Public Offering. Offering costs associated with warrant liabilities were expensed as incurred. Offering costs associated with the Class A ordinary shares were charged to stockholders’ equity upon the completion of the Initial Public Offering.

 

Class A Ordinary Shares Subject to Possible Redemption

  

The Company accounts for its Class A ordinary shares subject to possible redemption in accordance with the guidance in ASC Topic 480 “Distinguishing Liabilities from Equity.” Class A ordinary shares subject to mandatory redemption (if any) are classified as liability instruments and are measured at fair value. Conditionally redeemable Class A ordinary shares (including Class A ordinary shares that feature redemption rights that are either within the control of the holder or subject to redemption upon the occurrence of uncertain events not solely within the Company’s control) are classified as temporary equity. At all other times, Class A ordinary shares are classified as shareholders’ equity. The Company’s Class A ordinary shares feature certain redemption rights that are considered to be outside of the Company’s control and subject to the occurrence of uncertain future events. Accordingly, at March 31, 2021 and December 31, 2020, 29,662,115 and 29,980,468 Class A ordinary shares subject to possible redemption are presented as temporary equity, outside of the shareholders’ equity section of the Company’s balance sheets.

 

Income Taxes

 

FASB ASC 740 prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more likely than not to be sustained upon examination by taxing authorities. There were no unrecognized tax benefits as of March 31, 2021 and December 31, 2020. The Company’s management determined that the Cayman Islands is the Company’s only major tax jurisdiction. The Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense. No amounts were accrued for the payment of interest and penalties as of March 31, 2021 and December 31, 2020. The Company is currently not aware of any issues under review that could result in significant payments, accruals or material deviation from its position.

 

The Company is considered an exempted Cayman Islands company and is presently not subject to income taxes or income tax filing requirements in the Cayman Islands or the United States. As such, the Company’s tax provision was zero for the periods presented. The Company’s management does not expect that the total amount of unrecognized tax benefits will materially change over the next twelve months. 

 

10

 

 

D8 HOLDINGS CORP.

NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

 

Net Income (Loss) per Ordinary Share

  

The Company complies with accounting and disclosure requirements of ASC Topic 260, “Earnings Per Share.” Net income (loss) per ordinary share is computed by dividing net income (loss) by the weighted average number of ordinary shares outstanding during the period. The Company has not considered the effect of the warrants sold in the Initial Public Offering and Private Placement to purchase an aggregate of 26,150,000 shares of Class A ordinary shares in the calculation of diluted earnings per ordinary share, since their inclusion would be anti-dilutive under the treasury stock method. As a result, diluted loss per ordinary share is the same as basic loss per share for the period presented.

 

The Company’s statement of operations include a presentation of income per share for ordinary shares subject to redemption in a manner similar to the two-class method of income per share. Net income per share, basic and diluted for Class A ordinary shares is calculated by dividing the investment income earned on the Trust Account of approximately $67,000 for the three months ended March 31, 2021 by the weighted average number of shares of Class A ordinary shares outstanding for the period. Net loss per share, basic and diluted for Class B ordinary shares for the three months ended March 31, 2021 is calculated by dividing the net loss of approximately $3.2 million, less income attributable to Class A ordinary shares, by the weighted average number of shares of Class B ordinary shares outstanding for the period.

  

Derivative warrant liabilities

 

The Company does not use derivative instruments to hedge exposures to cash flow, market, or foreign currency risks. The Company evaluates all of its financial instruments, including issued shares purchase warrants, to determine if such instruments are derivatives or contain features that qualify as embedded derivatives, pursuant to ASC 480 and ASC 815-15. The classification of derivative instruments, including whether such instruments should be recorded as liabilities or as equity, is re-assessed at the end of each reporting period.

 

The Company accounts for its 26,150,000 warrants issued in connection with its Initial Public Offering (17,250,000) and Private Placement (8,900,000) as derivative warrant liabilities in accordance with ASC 815-40. Accordingly, the Company recognizes the warrant instruments as liabilities at fair value and adjusts the instruments to fair value at each reporting period. The liabilities are subject to re-measurement at each balance sheet date until exercised, and any change in fair value is recognized in the Company’s statements of operations. The fair value of warrants issued in connection with the Private Placement has been estimated using Black-Scholes Options Pricing model at each balance sheet date. The fair value of the warrants issued in connection with the Initial Public Offering was initially measured using a Black-Scholes Options Pricing model and subsequently been measured at each measurement date based on the market price of such warrants.

 

Recent Adopted Accounting Standards

 

In August 2020, the FASB issued ASU No. 2020-06, Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging— Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity (“ASU 2020-06”), which simplifies accounting for convertible instruments by removing major separation models required under current GAAP. The ASU also removes certain settlement conditions that are required for equity-linked contracts to qualify for the derivative scope exception, and it simplifies the diluted earnings per share calculation in certain areas. The Company adopted ASU 2020-06 on January 1, 2021. Adoption of the ASU did not impact the Company’s financial position, results of operations or cash flows.

 

Recent Issued Accounting Standards

 

The Company’s management does not believe that any recently issued, but not yet effective, accounting standards updates, if currently adopted, would have a material effect on the accompanying financial statement.

 

11

 

 

D8 HOLDINGS CORP.

NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

 

Note 3—Initial Public Offering

 

On July 17, 2020, the Company consummated the Initial Public Offering of 30,000,000 Units at $10.00 per Unit, generating gross proceeds of $300.0 million. On July 24, 2020, the underwriters exercised the over-allotment option in full and purchased an additional 4,500,000 Over-Allotment Units, generating additional gross proceeds of $45.0 million. The Company incurred total offering costs of approximately $19.5 million in underwriting fees (inclusive of approximately $12.1 million in deferred underwriting fees).

 

Each Unit consists of one Class A ordinary share, par value $0.0001 and one-half of one redeemable warrant. Each whole Public Warrant entitles the holder to purchase one Class A ordinary share at a price of $11.50 per share, subject to adjustment (see Note 6).

 

Note 4—Related Party Transactions

 

Founder Shares

 

On May 14, 2020, the Sponsor paid $25,000, or approximately $0.003 per share, to cover certain offering costs in consideration for 7,187,500 Class B ordinary shares, par value $0.0001 (the “Founder Shares”). On June 25, 2020, the Sponsor transferred 15,000 Founder Shares to Robert Kirby and 25,000 Founder Shares to each of Michael Kives, Fred Langhammer and Terry Lundgren, resulting in the Sponsor holding 7,097,500 Founder Shares. On July 14, 2020, the Company effected a share capitalization of 1,437,500 Founder Shares resulting in 8,625,000 Class B ordinary shares outstanding, of which the Sponsor now holds 8,535,000 Founder Shares. All shares and the associated amounts have been retroactively restated to reflect the share capitalization. Of the 8,625,000 Founder Shares outstanding, up to 1,125,000 Founder Shares were subject to forfeiture to the extent that the over-allotment option was not exercised in full by the underwriters, so that the Founder Shares will represent 20.0% of the Company’s issued and outstanding shares after the Initial Public Offering. The underwriters exercised their over-allotment option in full on July 24, 2020. As a result, these shares were no longer subject to forfeiture.

 

The initial shareholders agreed, subject to limited exceptions, not to transfer, assign or sell any of their Founder Shares and any Class A ordinary shares issuable upon conversion thereof until the earlier to occur of: (i) one year after the completion of the initial Business Combination, or (ii) the date on which the Company completes a liquidation, merger, share exchange or other similar transaction after the initial Business Combination that results in all of the Company’s shareholders having the right to exchange their Class A ordinary shares for cash, securities or other property; except to certain permitted transferees and under certain circumstances (the “lock-up”). Notwithstanding the foregoing, if (1) the closing price of Class A ordinary shares equals or exceeds $12.00 per share (as adjusted for share sub-divisions, share capitalizations, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the initial Business Combination or (2) if the Company consummates a transaction after the initial Business Combination which results in the Company’s shareholders having the right to exchange their shares for cash, securities or other property, the Founder Shares will be released from the lock-up.

 

Private Placement Warrants

 

On July 17, 2020, simultaneously with the closing of the Initial Public Offering, the Company consummated the Private Placement of 8,000,000 Private Placement Warrants to the Sponsor, each exercisable to purchase one Class A ordinary share at $11.50 per share, at a price of $1.00 per Private Placement Warrant, generating gross proceeds to the Company of $8.0 million, and incurring offering costs of approximately $16,000.  On July 24, 2020, simultaneously with the sale of the Over-Allotment Units, the Company consummated a private sale of an additional 900,000 Private Placement Warrants to the Sponsor, generating additional gross proceeds of $900,000.

 

Each warrant is exercisable to purchase one Class A ordinary share at $11.50 per share. A portion of the proceeds from the Private Placement Warrants were added to the proceeds from the Initial Public Offering held in the Trust Accounts. If the Company does not complete a Business Combination within the Combination Period, the Private Placement Warrants will expire worthless.

 

12

 

 

D8 HOLDINGS CORP.

NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

 

The Sponsor and the Company’s officers and directors agreed, subject to limited exceptions, not to transfer, assign or sell any of their Private Placement Warrants until 30 days after the completion of the initial Business Combination.

 

Sponsor Loan

 

On May 14, 2020, the Sponsor agreed to loan the Company up to $300,000 to cover expenses related to the Initial Public Offering pursuant to a promissory note (the “Note”). The Company borrowed approximately $127,000 under the Note and fully repaid this Note on July 17, 2020.

 

Working Capital Loans

 

In addition, in order to finance transaction costs in connection with a Business Combination, the Sponsor or an affiliate of the Sponsor, or certain of the Company’s officers and directors may, but are not obligated to, loan the Company funds as may be required (“Working Capital Loans”). If the Company completes a Business Combination, the Company would repay the Working Capital Loans. In the event that a Business Combination does not close, the Company may use a portion of proceeds held outside the Trust Accounts to repay the Working Capital Loans but no proceeds held in the Trust Accounts would be used to repay the Working Capital Loans. Except for the foregoing, the terms of such Working Capital Loans, if any, have not been determined and no written agreements exist with respect to such loans. The Working Capital Loans would either be repaid upon consummation of a Business Combination or, at the lender’s discretion, up to $1.5 million of such Working Capital Loans may be convertible into private placement warrants at a price of $1.00 per warrant. As of March 31, 2021 and December 31, 2020, the Company had no Working Capital Loans outstanding.

 

Administrative Services Agreement

 

Commencing on the date of the final prospectus, the Company has agreed to pay the Sponsor a total of $10,000 per month for office space, utilities, secretarial and administrative support services. Upon completion of the Initial Business Combination or the Company’s liquidation, the Company will cease paying these monthly fees. For the three months ended March 31, 2021, the Company incurred and paid approximately $30,000 in such administrative fees.

 

Note 5—Commitments and Contingencies

 

Registration Rights

 

The holders of Founder Shares, Private Placement Warrants, and securities that may be issued upon conversion of Working Capital Loans, if any, will be entitled to registration rights pursuant to a registration rights agreement dated as of July 14, 2020. These holders are entitled to certain demand and “piggyback” registration rights. However, the registration rights agreement provides that the Company will not permit any registration statement filed under the Securities Act to become effective until the termination of the applicable lock-up period for the securities to be registered. The Company will bear the expenses incurred in connection with the filing of any such registration statements.

 

Underwriting Agreement

 

The Company granted the underwriters a 45-day option from the final prospectus relating to the Initial Public Offering to purchase up to 4,500,000 additional Units to cover over-allotments, if any, at the Initial Public Offering price less the underwriting discounts and commissions. The underwriters exercised their over-allotment option in full on July 24, 2020.

 

The underwriters were paid a cash underwriting discount of $0.20 per unit, or $6.9 million in the aggregate, paid upon the closing of the Initial Public Offering. In addition, $0.35 per unit, or approximately $12.1 million in the aggregate, will be payable to the underwriters for deferred underwriting commissions. The deferred fee will become payable to the underwriters from the amounts held in the Trust Account solely in the event that the Company completes a Business Combination, subject to the terms of the underwriting agreement.

 

13

 

 

D8 HOLDINGS CORP.

NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

 

Risks and Uncertainties

 

Management continues to evaluate the impact of the COVID-19 pandemic and has concluded that the specific impact is not readily determinable as of the date of the financial statements. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

 

Note 6—Derivative Warrant Liabilities

 

The Public Warrants will become exercisable at $11.50 per share on the later of (a) 30 days after the completion of a Business Combination or (b) 12 months from the closing of the Initial Public Offering; provided in each case that the Company has an effective registration statement under the Securities Act covering the Class A ordinary shares issuable upon exercise of the warrants and a current prospectus relating to them is available and such shares are registered, qualified or exempt from registration under the securities, or blue sky, laws of the state of residence of the holder (or the Company permits holders to exercise their warrants on a cashless basis under the circumstances specified in the warrant agreement). If and when the warrants become redeemable by the Company, the Company may exercise its redemption right even if it is unable to register or qualify the underlying securities for sale under all applicable state securities laws. The Company is not registering the Class A ordinary shares issuable upon exercise of the warrants at this time. The Company has agreed that as soon as practicable, but in no event later than 15 business days after the closing of the initial Business Combination, the Company will use its best efforts to file with the SEC and have an effective registration statement covering the Class A ordinary shares issuable upon exercise of the warrants and to maintain a current prospectus relating to those Class A ordinary shares until the warrants expire or are redeemed, as specified in the warrant agreement. If a registration statement covering the Class A ordinary shares issuable upon exercise of the warrants is not effective by the 60th business day after the closing of the initial Business Combination, warrant holders may, until such time as there is an effective registration statement and during any period when the Company will have failed to maintain an effective registration statement, exercise warrants on a “cashless basis” in accordance with Section 3(a)(9) of the Securities Act or another exemption. Notwithstanding the above, if the Company’s Class A ordinary shares are at the time of any exercise of a warrant not listed on a national securities exchange such that they satisfy the definition of a “covered security” under Section 18(b)(1) of the Securities Act, the Company may, at its option, require holders of Public Warrants who exercise their warrants to do so on a “cashless basis” in accordance with Section 3(a)(9) of the Securities Act and, in the event the Company so elects, the Company will not be required to file or maintain in effect a registration statement, and in the event the Company does not so elect, the Company will use its best efforts to register or qualify the shares under applicable blue sky laws to the extent an exemption is not available.

 

The warrants will expire five years after the completion of a Business Combination or earlier upon redemption or liquidation.

 

If (x) the Company issues additional Class A ordinary shares or equity-linked securities for capital raising purposes in connection with the closing of its initial Business Combination at an issue price or effective issue price of less than $9.20 per Class A ordinary share (with such issue price or effective issue price to be determined in good faith by the Company’s board of directors and, in the case of any such issuance to the initial shareholders or their affiliates, without taking into account any Founder Shares held by the initial shareholders or such affiliates, as applicable, prior to such issuance) (the “Newly Issued Price”), (y) the aggregate gross proceeds from such issuances represent more than 60% of the total equity proceeds, and interest thereon, available for the funding of the initial Business Combination on the date of the consummation of our initial business combination (net of redemptions), and (z) the volume weighted average trading price of the Class A ordinary shares during the 10 trading day period starting on the trading day prior to the day on which the Company consummates the initial Business Combination (such price, the “Market Value”) is below $9.20 per share, the exercise price of the Warrants will be adjusted (to the nearest cent) to be equal to 115% of the higher of the Market Value and the Newly Issued Price, and the $18.00 per share redemption trigger prices described below under “Redemption of Warrants when the price per Class A ordinary share equals or exceeds $18.00” will be adjusted (to the nearest cent) to be equal to 180% of the higher of the Market Value and the Newly Issued Price, and the $10.00 per share redemption trigger price described below under “Redemption of Warrants when the price per Class A ordinary share equals or exceeds $10.00” will be adjusted (to the nearest cent) to be equal to the higher of the Market Value and the Newly Issued Price.

 

14

 

 

D8 HOLDINGS CORP.

NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

 

The Private Placement Warrants are identical to the Public Warrants underlying the Units sold in the Initial Public Offering, except that the Private Placement Warrants and the ordinary shares issuable upon exercise of the Private Placement Warrants, so long as they are held by the Sponsor or its permitted transferees, (i) will not be redeemable by the Company, (ii) may not (including the Class A ordinary shares issuable upon exercise of these warrants), subject to certain limited exceptions, be transferred, assigned or sold by the holders until 30 days after the completion of the initial Business Combination, (iii) may be exercised by the holders on a cashless basis and (iv) will be entitled to registration rights. If the Private Placement Warrants are held by holders other than the Sponsor or its permitted transferees, the Private Placement Warrants will be redeemable by the Company and exercisable by the holders on the same basis as the Public Warrants.

 

Redemption of Warrants when the price per Class A ordinary share equals or exceeds $18.00. The Company may call the Public Warrants for redemption:

 

in whole and not in part;

 

at a price of $0.01 per warrant;

 

upon a minimum of 30 days’ prior written notice of redemption; and

 

if, and only if, the last reported sale price of the Class A ordinary shares equals or exceeds $18.00 per share (as adjusted) for any 20 trading days within a 30-trading day period ending on the third trading day prior to the date on which the Company sends the notice of redemption to the warrant holders.

  

In no event will the Company be required to net cash settle any Warrants.

 

Redemption of Warrants when the price per Class A ordinary share equals or exceeds $10.00. The Company may also redeem the outstanding Public Warrants once they become exercisable:

 

in whole and not in part;

 

at a price of $0.10 per warrant;

 

upon a minimum of 30 days’ prior written notice of redemption; provided that holders will be able to exercise their warrants on a cashless basis prior to redemption and receive that number of shares based on the redemption date and the “fair market value” of the Company’s Class A ordinary shares; and

 

if, and only if, the last reported sale price of the Class A ordinary shares equals or exceeds $10.00 per share (as adjusted) for any 20 trading days within a 30-trading day period ending three trading days before the Company sends the notice of redemption to the warrant holders.

  

If the Company is unable to complete the Initial Business Combination within the combination period and the Company liquidates the funds held in the Trust Account, holders of warrants will not receive any of such funds with respect to their warrants, nor will they receive any distribution from the Company’s assets held outside of the Trust Account with the respect to such warrants. Accordingly, the warrants may expire worthless.

 

As of March 31, 2021 and December 31, 2020, there were 26,150,000 warrants outstanding.

 

Note 7—Shareholders’ Equity

 

Class A Ordinary Shares—The Company is authorized to issue 200,000,000 Class A ordinary shares with a par value of $0.0001 per share. At March 31, 2021 and December 31, 2020, there were 34,500,000 Class A ordinary shares issued or outstanding, including 29,662,115 and 29,980,468 Class A ordinary shares subject to possible redemption, respectively.

 

15

 

 

NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

 

Class B Ordinary Shares—The Company is authorized to issue 20,000,000 Class B ordinary shares with a par value of $0.0001 per share. Holders are entitled to one vote for each share of Class B ordinary shares. On May 14, 2020, the Company issued 7,187,500 Class B ordinary shares. On July 14, 2020, the Company effected a share capitalization of 1,437,500 Founder Shares resulting in 8,625,000 Class B ordinary shares outstanding. All shares and the associated amounts have been retroactively restated to reflect the share capitalization. Of the 8,625,000 Class B ordinary shares, an aggregate of up to 1,125,000 shares were subject to forfeiture to the Company for no consideration to the extent that the underwriters’ over-allotment option is not exercised in full or in part, so that the initial shareholders would collectively own 20% of the Company’s issued and outstanding ordinary shares after the Initial Public Offering. The underwriters exercised their over-allotment option in full on July 24, 2020. As a result, these shares were no longer subject to forfeiture.

 

Holders of the Class A ordinary shares and holders of the Class B ordinary shares will vote together as a single class on all matters submitted to a vote of the Company’s shareholders, except as required by law or stock exchange rule; provided that only holders of the Class B ordinary shares have the right to appoint directors in any election held prior to or in connection with the completion of the initial Business Combination.

 

The Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the Initial Business Combination on a one-for-one basis (as adjusted). In the case that additional Class A ordinary shares or equity-linked securities are issued or deemed issued in connection with the initial Business Combination, the number of Class A ordinary shares issuable upon conversion of all Founder Shares will equal, in the aggregate, 20% of the total number of Class A ordinary shares outstanding after such conversion (after giving effect to any redemptions of Class A ordinary shares by public shareholders), including the total number of Class A ordinary shares issued, or deemed issued or issuable upon conversion or exercise of any equity-linked securities or rights issued or deemed issued, by the Company in connection with or in relation to the consummation of the initial Business Combination, excluding any Class A ordinary shares or equity-linked securities exercisable for or convertible into Class A ordinary shares issued, or to be issued, to any seller in the initial Business Combination and any private placement warrants issued to the Sponsor, officers or directors upon conversion of Working Capital Loans; provided that such conversion of Founder Shares will never occur on a less than one-for-one basis.

 

Preference Shares—The Company is authorized to issue 1,000,000 preference shares with such designations, voting and other rights and preferences as may be determined from time to time by the Company’s board of directors. As of March 31, 2021 and December 31, 2020, there were no preference shares issued or outstanding.

 

Note 8—Fair Value Measurements

 

The following table presents information about the Company’s assets that are measured at fair value on a recurring basis as of March 31, 2021 and December 31, 2020 and indicates the fair value hierarchy of the valuation techniques that the Company utilized to determine such fair value.

 

   Fair Value Measured as of March 31, 2021 
   Level 1   Level 2   Level 3   Total 
Assets                
Investments held in Trust Account - U.S. Treasury Securities  $345,258,401   $-   $-   $345,258,401 
Liabilities:                    
Warrant liabilities - public warrants   19,837,500    -    -    19,837,500 
Warrant liabilities - private warrants   -    -    11,303,000    11,303,000 

 

   Fair Value Measured as of December 31, 2020 
   Level 1   Level 2   Level 3   Total 
Assets                
Investments held in Trust Account - U.S. Treasury Securities  $345,191,130   $-   $-   $345,191,130 
Liabilities:                    
Warrant liabilities - public warrants   18,112,500    -    -    18,112,500 
Warrant liabilities - private warrants   -    -    11,303,000    11,303,000 

  

16

 

 

D8 HOLDINGS CORP.

NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

 

Transfers to/from Levels 1, 2, and 3 are recognized at the end of the reporting period. There were no transfers between levels for three months ended March 31, 2021.

 

The fair value of warrants issued in connection with the Private Placement has been estimated using Black-Scholes Options Pricing model at each balance sheet date. The fair value of the warrants issued in connection with the Initial Public Offering was initially measured using a Black-Scholes Options Pricing model and subsequently been measured based on the market price of such warrants at each measurement date when separately listed and traded. For the three months ended March 31, 2021, the Company recognized a charge to the statements of operations resulting from an increase in the fair value of liabilities of approximately $1.7 million presented as change in fair value of derivative warrant liabilities on the accompanying statement of operations.

 

There is no change in the fair value of the Level 3 derivative warrant liabilities during the three months ended March 31, 2021. 

 

The estimated fair value of the derivative warrant liabilities of the private warrants is determined using Level 3 inputs. Inherent in a Black-Scholes Options Pricing model are assumptions related to expected stock-price volatility, expected life, risk-free interest rate and dividend yield. The Company estimates the volatility of its ordinary shares based on historical volatility of select peer companies that matches the expected remaining life of the warrants. The risk-free interest rate is based on the U.S. Treasury zero-coupon yield curve on the grant date for a maturity similar to the expected remaining life of the warrants. The expected life of the warrants is assumed to be equivalent to their remaining contractual term. The dividend rate is based on the historical rate, which the Company anticipates remaining at zero.

 

The following table provides quantitative information regarding Level 3 fair value measurements inputs:

 

   March 31,
2021
   As of December 31,
2020
 
Exercise price  $11.50   $11.50 
Stock Price  $9.94   $10.16 
Term (in years)   5.50    5.50 
Volatility   23.50%   23.5%
Risk-free interest rate   1.00%   0.5%
Dividend yield   0.00%   0.00%

 

Note 9—Subsequent Events

 

On April 15, 2021, the Company entered into an agreement and plan of merger, by and among the Company, Snowball Merger Sub, Inc., a Delaware corporation and a direct, wholly-owned subsidiary of the Company, Vicarious Surgical Inc. (“Vicarious Surgical”), and Adam Sachs, in his capacity as the stockholder representative (as it may be amended and/or restated from time to time).

 

There is no assurance that the Company’s plans to consummate its Initial Business Combination with Vicarious Surgical.

 

Management has evaluated subsequent events to determine if events or transactions occurring through the date the financial statements were issued required potential adjustment to or disclosure in the financial statements and has concluded that all such events that would require recognition or disclosure have been recognized or disclosed.

 

17

 

 

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations.

 

References to the “Company,” “our,” “us” or “we” refer to D8 Holdings Corp. The following discussion and analysis of the Company’s financial condition and results of operations should be read in conjunction with the unaudited condensed financial statements and the notes thereto contained elsewhere in this report. Certain information contained in the discussion and analysis set forth below includes forward-looking statements that involve risks and uncertainties.

 

Cautionary Note Regarding Forward-Looking Statements

 

This Quarterly Report on Form 10-Q includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). We have based these forward-looking statements on our current expectations and projections about future events. These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about us that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may,” “should,” “could,” “would,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “continue,” or the negative of such terms or other similar expressions. Such statements include, but are not limited to, possible business combinations and the financing thereof, and related matters, as well as all other statements other than statements of historical fact included in this Form 10-Q. Factors that might cause or contribute to such a discrepancy include, but are not limited to, those described in our other Securities and Exchange Commission (“SEC”) filings.

 

Overview

 

We are a blank check company incorporated as a Cayman Islands exempted company on May 6, 2020. We were formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses (the “Business Combination”). Although we are not limited to a particular industry or sector for purposes of consummating a Business Combination, we intend to focus our search on the consumer retail sector. We are an emerging growth company and, as such, we are subject to all of the risks associated with emerging growth companies.

 

Our sponsor is D8 Sponsor LLC, a Cayman Islands limited liability company (the “Sponsor”). Our registration statement for the initial public offering (the “Initial Public Offering”) was declared effective on July 14, 2020. On July 17, 2020, we consummated the Initial Public Offering of 30,000,000 units (the “Units”) at $10.00 per Unit, generating gross proceeds of $300.0 million. Each Unit consists of one Class A ordinary share (the “Public Shares”) of ours, par value $0.0001, and one-half of one redeemable warrant (the “Public Warrants”) of ours, with each warrant entitling the holder thereof to purchase one Class A Ordinary Share for $11.50 per share, subject to adjustment. On July 24, 2020, the underwriters exercised the over-allotment option in full and purchased an additional 4,500,000 Units (the “Over-Allotment Units”), generating additional gross proceeds of $45.0 million. We incurred total offering costs of approximately $19.5 million in underwriting fees (inclusive of approximately $12.1 million in deferred underwriting fees).

 

Simultaneously with the closing of the Initial Public Offering, we consummated the private placement (“Private Placement”) of 8,000,000 warrants (each, a “Private Placement Warrant” and collectively, the “Private Placement Warrants”) to our Sponsor, each exercisable to purchase one Class A ordinary share at $11.50 per share, at a price of $1.00 per Private Placement Warrant, generating gross proceeds of $8.0 million, and incurring offering costs of approximately $16,000. On July 24, 2020, simultaneously with the sale of the Over-Allotment Units, we consummated a private sale of an additional 900,000 Private Placement Warrants to our Sponsor, generating gross proceeds of $900,000.

 

Upon the closing of the Initial Public Offering and the Private Placement, $345.0 million ($10.00 per Unit) of the net proceeds of the Initial Public Offering and certain of the proceeds of the Private Placement was placed in trust accounts (“Trust Account”), located in the United States with Continental Stock Transfer & Trust Company acting as trustee, and is invested only in U.S. government securities, within the meaning set forth in Section 2(a)(16) of the Investment Company Act, having a maturity of 185 days or less or in money market funds meeting certain conditions under Rule 2a-7 promulgated under the Investment Company Act which invest only in direct U.S. government treasury obligations, until the earlier of: (i) the completion of a Business Combination or (ii) the distribution of the Trust Account as described below.

 

Our management has broad discretion with respect to the specific application of the net proceeds of the Initial Public Offering and the sale of Private Placement Units, although substantially all of the net proceeds are intended to be applied generally toward consummating a Business Combination.

 

18

 

 

If we are unable to complete a Business Combination within 24 months from the closing of the Initial Public Offering, or July 17, 2022 (the “Combination Period”), we will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but not more than ten business days thereafter, redeem the Public Shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest earned on the funds held in the Trust Account and not previously released to us (less taxes payable and up to $100,000 of interest to pay dissolution expenses), divided by the number of then outstanding Public Shares, which redemption will completely extinguish Public Shareholders’ rights as shareholders (including the right to receive further liquidation distributions, if any) and (iii) as promptly as reasonably possible following such redemption, subject to the approval of our remaining shareholders and our board of directors, liquidate and dissolve, subject, in the case of clauses (ii) and (iii), to our obligations under Cayman Islands law to provide for claims of creditors and in all cases subject to the other requirements of applicable law.

 

Results of Operations

 

Our entire activity since inception through March 31, 2021 related to our formation, the preparation for the Initial Public Offering, and since the closing of the Initial Public Offering, the search for a prospective initial Business Combination. We have neither engaged in any operations nor generated any revenues to date. We will not generate any operating revenues until after completion of our initial Business Combination. We will generate non-operating income in the form of net gain from investments held in Trust Account. We expect to incur increased expenses as a result of being a public company (for legal, financial reporting, accounting and auditing compliance), as well as for due diligence expenses.

 

For the three months ended March 31, 2021, we had net loss of approximately $3.2 million, which consisted of approximately $1.5 million in general and administrative costs, $30,000 in administrative fees and approximately $1.7 million in change in fair value of warrant liabilities, offset by approximately $67,000 in net gain from investments held in Trust Accounts.

 

Liquidity and Capital Resources

 

As of March 31, 2021, we had approximately $1.0 million in our operating bank account, approximately $422,000 of working capital deficit.

 

Prior to the completion of the Initial Public Offering, our liquidity needs had been satisfied through the payment of $25,000 of offering costs by our Sponsor in exchange for the issuance of the Founder Shares, and a loan of approximately $127,000 pursuant to the Note issued to our Sponsor. We repaid the Note in full on July 17, 2020. Subsequent to the consummation of the Initial Public Offering and Private Placement, our liquidity needs have been satisfied with the proceeds from the consummation of the Private Placement not held in the Trust Account. In addition, in order to finance transaction costs in connection with a Business Combination, our Sponsor may, but is not obligated to, provide us the Working Capital Loans. To date, there are no Working Capital Loans outstanding.

 

Based on the foregoing, management believes that we will have sufficient working capital and borrowing capacity from our Sponsor or an affiliate of our Sponsor, or our officers and directors to meet our needs through the earlier of the consummation of a Business Combination or one year from this filing. Over this time period, we will be using these funds for paying existing accounts payable, identifying and evaluating prospective initial Business Combination candidates, performing due diligence on prospective target businesses, paying for travel expenditures, selecting the target business to merge with or acquire, and structuring, negotiating and consummating the Business Combination.

  

We continue to evaluate the impact of the COVID-19 pandemic and have concluded that the specific impact is not readily determinable as of the date of the balance sheet. The financial statement does not include any adjustments that might result from the outcome of this uncertainty.

 

19

 

 

Agreement for Business Combination

 

On April 15, 2021, the Company (which shall migrate to and domesticate as a Delaware corporation prior to the Closing Date (as defined below)) entered into an agreement and plan of merger, by and among the Company, Snowball Merger Sub, Inc., a Delaware corporation and a direct, wholly-owned subsidiary of the Company (“Merger Sub”), Vicarious Surgical Inc. (“Vicarious Surgical”), and Adam Sachs, in his capacity as the stockholder representative (the “Stockholder Representative”) (as it may be amended and/or restated from time to time, the “Merger Agreement”).

 

The Merger

 

The Merger Agreement provides that (a) Merger Sub will merge with and into Vicarious Surgical, with Vicarious Surgical being the surviving corporation of the merger. The transactions contemplated by the Merger Agreement are referred to herein as the “Proposed Business Combination.” The time of the closing of the Proposed Business Combination is referred to herein as the “Closing.” The date of the Closing is referred to herein as the “Closing Date.”

 

The Domestication

 

At the end of the business day immediately prior to the Closing, subject to the satisfaction or waiver of the conditions of the Merger Agreement, and prior to an investment by the PIPE Investors (as defined below) the Company will migrate to and domesticate as a Delaware corporation in accordance with Section 388 of the Delaware General Corporation Law, as amended, and the Cayman Islands Companies Act (As Revised) (the “Domestication”).

 

By virtue of the Domestication and subject to the satisfaction or waiver of the conditions of the Merger Agreement, including approval of the Company’s shareholders: (i) each of the then issued and outstanding Class B ordinary shares of the Company, par value $0.0001 per share (each, a “Class B Share”), will convert automatically, on a one-for-one basis, into a Class A ordinary share of the Company, par value $0.0001 per share (each, a “Class A Share”); (ii) immediately following the conversion described in clause (i), each of the then issued and outstanding Class A Shares will convert automatically, on a one-for-one basis, into a share of Class A common stock, par value $0.0001 per share, of the Company (after the Domestication) (the “Domesticated Company Class A Stock”), each of which will carry voting rights of one vote per share; (iii) each of the then issued and outstanding warrants to purchase one Class A Share (“Cayman Company Warrant”) will automatically become a warrant to acquire one share of Domesticated Company Class A Stock (“Domesticated Company Warrant”) pursuant to the related warrant agreement; and (iv) each of the then issued and outstanding units of the Company (the “Cayman Company Units”) shall be separated into its component parts, consisting of one share of Domesticated Company Class A Stock and one-half of one Domesticated Company Warrant.

 

Concurrently with the Domestication and subject to the satisfaction or waiver of the conditions of the Merger Agreement, the Company will also file (a) a certificate of incorporation with the Secretary of State of Delaware in the form attached to the Merger Agreement (the “Company Domesticated Charter”) and (b) adopt bylaws in the form attached to the Merger Agreement (the “Company Domesticated Bylaws”), to (among other things) establish a revised dual class structure with shares of Domesticated Company Class A Stock and shares of Class B common stock, par value $0.0001 per share, of the Company (after Domestication), with the same economic terms as Domesticated Company Class A Stock, but carrying increased voting rights in the form of 20 votes per share (the “Domesticated Company Class B Stock” and together with the Domesticated Company Class A Stock, the “Domesticated Company Stock”).

 

Consideration and Structure

 

Under the Merger Agreement, the Companhy has agreed to acquire all of the outstanding shares of common stock of Vicarious Surgical for approximately $1 billion in aggregate consideration. Vicarious Surgical stockholders (other than Adam Sachs, Barry Greene and Sammy Khalifa (the “Founders”)) will receive shares of Domesticated Company Class A Stock (valued at $10.00 per share), equal to (i) the amount of shares of Company Capital Stock (as defined in the Merger Agreement) owned by such Company Stockholder (as defined in the Merger Agreement) multiplied by (ii) the Fully Diluted Adjusted Merger Consideration (as defined by the Merger Agreement) for each share in such class of Company Capital Stock (as defined in the Merger Agreement). The Founders will receive shares of Domesticated Company Class B Stock equal to (i) the amount of shares of Company Class A Common Stock (as defined in the Merger Agreement) owned by such Founder multiplied by (ii) the Fully Diluted Adjusted Merger Consideration (as defined by the Merger Agreement) for each share of Company Class A Common Stock (as defined in the Merger Agreement).

 

Pursuant to the Merger Agreement, at the effective time of the Business Combination (the “Effective Time”), each outstanding option to purchase shares of Vicarious Surgical common stock (a “Vicarious Option”) that is outstanding, whether or not then vested or unvested, will be assumed by the Company and will be converted into an option to acquire Domesticated Company Class A Stock of the Company (a “Company Option”) with the same terms and conditions as applied to the Vicarious Option (as defined in the Merger Agreement) immediately prior to the Effective Time; provided that the number of shares underlying such Company Option will be determined by multiplying the number of shares of Company Capital Stock (as defined in the Merger Agreement) that are issuable upon the exercise of such Vicarious Option immediately prior to the Effective Time, by the Fully Diluted Adjusted Merger Consideration (as defined in the Merger Agreement) for such class, which product shall be rounded down to the nearest whole number of shares, at a per share exercise price determined by dividing the per share exercise price of such Vicarious Option immediately prior to the Effective Time by the Fully Diluted Adjusted Merger Consideration (as defined in the Merger Agreement) for such class, which quotient shall be rounded up to the nearest whole cent.

 

Pursuant to the Merger Agreement, at the Effective Time, each warrant to purchase shares of Company Capital Stock (as defined in the Merger Agreement) that is issued and outstanding prior to the Effective Time and has not been terminated pursuant to its terms will be assumed and converted into a warrant exercisable for shares of Domesticated Company Class A Stock of the Company.

 

The parties to the Merger Agreement have made customary representations, warranties and covenants in the Merger Agreement, including, among others, covenants with respect to the conduct of Vicarious Surgical and the Company and its subsidiaries prior to the Closing. The Closing is subject to certain customary conditions.

 

20

 

 

Related Party Transactions

 

Founder Shares

 

On May 14, 2020, our Sponsor paid $25,000, or approximately $0.003 per share, to cover certain offering costs in consideration for 7,187,500 Class B ordinary shares, par value $0.0001 (the “Founder Shares”). On June 25, 2020, our Sponsor transferred 15,000 Founder Shares to Robert Kirby and 25,000 Founder Shares to each of Michael Kives, Fred Langhammer and Terry Lundgren, resulting in the Sponsor holding 7,097,500 Founder Shares. On July 14, 2020, we effected a share capitalization of 1,437,500 Founder Shares resulting in 8,625,000 Class B ordinary shares outstanding, of which the Sponsor now holds 8,535,000 Founder Shares. All shares and the associated amounts have been retroactively restated to reflect the share capitalization. Of the 8,625,000 Founder Shares outstanding, up to 1,125,000 Founder Shares were subject to forfeiture to the extent that the over-allotment option was not exercised in full by the underwriters, so that the Founder Shares will represent 20.0% of our issued and outstanding shares after the Initial Public Offering. The underwriters exercised their over-allotment option in full on July 24, 2020. As a result, these shares were no longer subject to forfeiture.

 

The initial shareholders agreed, subject to limited exceptions, not to transfer, assign or sell any of their Founder Shares and any Class A ordinary shares issuable upon conversion thereof until the earlier to occur of: (i) one year after the completion of the initial Business Combination, or (ii) the date on which we complete a liquidation, merger, share exchange or other similar transaction after the initial Business Combination that results in all of our shareholders having the right to exchange their Class A ordinary shares for cash, securities or other property; except to certain permitted transferees and under certain circumstances (the “lock-up”). Notwithstanding the foregoing, if (1) the closing price of Class A ordinary shares equals or exceeds $12.00 per share (as adjusted for share sub-divisions, share capitalizations, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the initial Business Combination or (2) if we consummate a transaction after the initial Business Combination which results in our shareholders having the right to exchange their shares for cash, securities or other property, the Founder Shares will be released from the lock-up.

 

Private Placement Warrants

 

On July 17, 2020, simultaneously with the closing of the Initial Public Offering, we consummated the Private Placement of 8,000,000 Private Placement Warrants to our Sponsor, each exercisable to purchase one Class A ordinary share at $11.50 per share, at a price of $1.00 per Private Placement Warrant, generating gross proceeds of $8.0 million, and incurring offering costs of approximately $16,000.  On July 24, 2020, simultaneously with the sale of the Over-Allotment Units, we consummated a private sale of an additional 900,000 Private Placement Warrants to our Sponsor, generating additional gross proceeds of $900,000.

 

Each warrant is exercisable to purchase one Class A ordinary share at $11.50 per share. A portion of the proceeds from the Private Placement Warrants were added to the proceeds from the Initial Public Offering held in the Trust Accounts. If we do not complete a Business Combination within the Combination Period, the Private Placement Warrants will expire worthless.

 

Our Sponsor, officers and directors agreed, subject to limited exceptions, not to transfer, assign or sell any of their Private Placement Warrants until 30 days after the completion of the initial Business Combination.

 

Sponsor Loan

 

On May 14, 2020, our Sponsor agreed to loan us up to $300,000 to cover expenses related to the Initial Public Offering pursuant to a promissory note (the “Note”). We borrowed approximately $127,000 under the Note and fully repaid this Note on July 17, 2020.

 

Working Capital Loans

 

In addition, in order to finance transaction costs in connection with a Business Combination, our Sponsor or an affiliate of our Sponsor, or certain of our officers and directors may, but are not obligated to, loan us funds as may be required (“Working Capital Loans”). If we complete a Business Combination, we would repay the Working Capital Loans. In the event that a Business Combination does not close, we may use a portion of proceeds held outside the Trust Accounts to repay the Working Capital Loans but no proceeds held in the Trust Accounts would be used to repay the Working Capital Loans. Except for the foregoing, the terms of such Working Capital Loans, if any, have not been determined and no written agreements exist with respect to such loans. The Working Capital Loans would either be repaid upon consummation of a Business Combination or, at the lender’s discretion, up to $1.5 million of such Working Capital Loans may be convertible into private placement warrants at a price of $1.00 per warrant. As of March 31, 2021 and December 31, 2020, we had no Working Capital Loans outstanding.

 

21

 

 

Administrative Services Agreement

 

Commencing on the date of the final prospectus, we agreed to pay our Sponsor a total of $10,000 per month for office space, utilities, secretarial and administrative support services. Upon completion of the Initial Business Combination or our liquidation, we will cease paying these monthly fees. For the three months ended March 31, 2021, we incurred and paid approximately $30,000 in such administrative fees.

 

Contractual Obligations

 

Registration Rights

 

The holders of Founder Shares, Private Placement Warrants, and securities that may be issued upon conversion of Working Capital Loans, if any, will be entitled to registration rights pursuant to a registration rights agreement dated as of July 14, 2020. These holders are entitled to certain demand and “piggyback” registration rights. We will bear the expenses incurred in connection with the filing of any such registration statements.

 

Underwriting Agreement

 

We granted the underwriters a 45-day option from the final prospectus relating to the Initial Public Offering to purchase up to 4,500,000 additional Units to cover over-allotments, if any, at the Initial Public Offering price less the underwriting discounts and commissions. The underwriters exercised their over-allotment option in full on July 24, 2020.

 

The underwriters were paid a cash underwriting discount of $0.20 per unit, or $6.9 million in the aggregate, paid upon the closing of the Initial Public Offering. In addition, $0.35 per unit, or approximately $12.1 million in the aggregate, will be payable to the underwriters for deferred underwriting commissions. The deferred fee will become payable to the underwriters from the amounts held in the Trust Account solely in the event that we complete a Business Combination, subject to the terms of the underwriting agreement.

 

Critical Accounting Policies

 

This management’s discussion and analysis of our financial condition and results of operations is based on our financial statements, which have been prepared in accordance with accounting principles generally accepted in the United States of America. The preparation of our financial statements requires us to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses and the disclosure of contingent assets and liabilities in our financial statements. On an ongoing basis, we evaluate our estimates and judgments, including those related to fair value of financial instruments and accrued expenses. We base our estimates on historical experience, known trends and events and various other factors that we believe to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions. We have identified the following as its critical accounting policies:

 

Investments Held in the Trust Account

 

Our portfolio of investments held in the Trust Account is comprised of U.S. government securities, within the meaning set forth in Section 2(a)(16) of the Investment Company Act, with a maturity of 185 days or less, or investments in money market funds that invest in U.S. government securities, or a combination thereof. The investments held in the Trust Account are classified as trading securities. Trading securities are presented on the balance sheets at fair value at the end of each reporting period. Gains and losses resulting from the change in fair value of these securities is included in net gain on investments held in Trust Account in the accompanying unaudited condensed statement of operations. The estimated fair values of investments held in the Trust Account are determined using available market information. 

 

22

 

 

Class A Ordinary Shares Subject to Possible Redemption

 

Class A ordinary shares subject to mandatory redemption (if any) are classified as liability instruments and are measured at fair value. Conditionally redeemable Class A ordinary shares (including Class A ordinary shares that feature redemption rights that are either within the control of the holder or subject to redemption upon the occurrence of uncertain events not solely within our control) are classified as temporary equity. At all other times, Class A ordinary shares are classified as shareholders’ equity. Our Class A ordinary shares feature certain redemption rights that are considered to be outside of our control and subject to the occurrence of uncertain future events. Accordingly, at March 31, 2021 and December 31, 2020, 29,662,115 and 29,980,468 Class A ordinary shares subject to possible redemption are presented as temporary equity, respectively, outside of the shareholders’ equity section of our balance sheets.

 

Net Income (Loss) per Ordinary Share

 

We comply with accounting and disclosure requirements of ASC Topic 260, “Earnings Per Share.” Net income (loss) per ordinary share is computed by dividing net income (loss) by the weighted average number of ordinary shares outstanding during the period. We have not considered the effect of the warrants sold in the Initial Public Offering and Private Placement to purchase an aggregate of 26,150,000 shares of Class A ordinary shares in the calculation of diluted earnings per ordinary share, since their inclusion would be anti-dilutive under the treasury stock method. As a result, diluted loss per ordinary share is the same as basic loss per share for the periods presented.

 

Our statement of operations include a presentation of income per share for ordinary shares subject to redemption in a manner similar to the two-class method of income per share. Net income per share, basic and diluted for Class A ordinary shares is calculated by dividing the investment income earned on the Trust Account of approximately $67,000 for the three months ended March 31, 2021 by the weighted average number of shares of Class A ordinary shares outstanding for the period. Net loss per share, basic and diluted for Class B ordinary shares for the three months ended March 31, 2021 is calculated by dividing the net loss of approximately $3.2 million, less income attributable to Class A ordinary shares, by the weighted average number of shares of Class B ordinary shares outstanding for the period.

  

Derivative warrant liabilities

 

We do not use derivative instruments to hedge exposures to cash flow, market, or foreign currency risks. We evaluate all of its financial instruments, including issued shares purchase warrants, to determine if such instruments are derivatives or contain features that qualify as embedded derivatives, pursuant to ASC 480 and ASC 815-15. The classification of derivative instruments, including whether such instruments should be recorded as liabilities or as equity, is re-assessed at the end of each reporting period.

 

We account for our 26,150,000 warrants issued in connection with its Initial Public Offering (17,250,000) and Private Placement (8,900,000) as derivative warrant liabilities in accordance with ASC 815-40. Accordingly, we recognize the warrant instruments as liabilities at fair value and adjusts the instruments to fair value at each reporting period. The liabilities are subject to re-measurement at each balance sheet date until exercised, and any change in fair value is recognized in the statements of operations. The fair value of warrants issued in connection with the Private Placement has been estimated using Black-Scholes Options Pricing model at each balance sheet date. The fair value of the warrants issued in connection with the Initial Public Offering was initially measured using a Black-Scholes Options Pricing model and subsequently been measured at each measurement date based on the market price of such warrants.

 

23

 

 

Recent Adopted Accounting Standards

 

In August 2020, the FASB issued ASU No. 2020-06, Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging— Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity (“ASU 2020-06”), which simplifies accounting for convertible instruments by removing major separation models required under current GAAP. The ASU also removes certain settlement conditions that are required for equity-linked contracts to qualify for the derivative scope exception, and it simplifies the diluted earnings per share calculation in certain areas. We adopted ASU 2020-06 on January 1, 2021. Adoption of the ASU did not impact our financial position, results of operations or cash flows.

 

Recent Issued Accounting Standards

 

Our management does not believe that any recently issued, but not yet effective, accounting standards updates, if currently adopted, would have a material effect on the accompanying financial statement.

 

Off-Balance Sheet Arrangements

 

As of March 31, 2021, we did not have any off-balance sheet arrangements as defined in Item 303(a)(4)(ii) of Regulation S-K.

 

JOBS Act

 

The Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”) contains provisions that, among other things, relax certain reporting requirements for qualifying public companies. We qualify as an “emerging growth company” and under the JOBS Act are allowed to comply with new or revised accounting pronouncements based on the effective date for private (not publicly traded) companies. We are electing to delay the adoption of new or revised accounting standards, and as a result, we may not comply with new or revised accounting standards on the relevant dates on which adoption of such standards is required for non-emerging growth companies. As a result, the financial statements may not be comparable to companies that comply with new or revised accounting pronouncements as of public company effective dates.

 

Additionally, we are in the process of evaluating the benefits of relying on the other reduced reporting requirements provided by the JOBS Act. Subject to certain conditions set forth in the JOBS Act, if, as an “emerging growth company,” we choose to rely on such exemptions we may not be required to, among other things, (i) provide an auditor’s attestation report on our system of internal controls over financial reporting pursuant to Section 404, (ii) provide all of the compensation disclosure that may be required of non-emerging growth public companies under the Dodd-Frank Wall Street Reform and Consumer Protection Act, (iii) comply with any requirement that may be adopted by the PCAOB regarding mandatory audit firm rotation or a supplement to the auditor’s report providing additional information about the audit and the financial statements (auditor discussion and analysis) and (iv) disclose certain executive compensation related items such as the correlation between executive compensation and performance and comparisons of the CEO’s compensation to median employee compensation. These exemptions will apply for a period of five years following the completion of our Initial Public Offering or until we are no longer an “emerging growth company,” whichever is earlier.

 

Item 3. Quantitative and Qualitative Disclosures About Market Risk

 

We are a smaller reporting company as defined by Rule 12b-2 of the Exchange Act and are not required to provide the information otherwise required under this item.

 

24

 

 

Item 4. Controls and Procedures

 

Evaluation of Disclosure Controls and Procedures

 

Under the supervision and with the participation of our management, including our principal executive officer and principal financial and accounting officer, we conducted an evaluation of the effectiveness of our disclosure controls and procedures as of the end of the fiscal quarter ended March 31, 2021, as such term is defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act. Based upon their evaluation, our Chief Executive Officer and Chief Financial Officer concluded that our disclosure controls and procedures (as defined in Rules 13a-15 (e) and 15d-15 (e) under the Exchange Act) were not effective as of March 31, 2021, due solely to the material weakness in our internal control over financial reporting described in “Management’s Report on Internal Control over Financial Reporting” included in our Annual Report on Form 10K/A as filed with the SEC on May XX, 2021. In light of this material weakness, we performed additional analysis as deemed necessary to ensure that our unaudited interim financial statements were prepared in accordance with U.S. generally accepted accounting principles. Accordingly, management believes that the financial statements included in this Quarterly Report on Form 10Q present fairly in all material respects our financial position, results of operations and cash flows for the period presented.

  

Disclosure controls and procedures are designed to ensure that information required to be disclosed by us in our Exchange Act reports is recorded, processed, summarized, and reported within the time periods specified in the SEC’s rules and forms, and that such information is accumulated and communicated to our management, including our principal executive officer and principal financial officer or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure.

 

Changes in Internal Control over Financial Reporting

 

There was no change in our internal control over financial reporting that occurred during the three months ended March 31, 2021, covered by this Quarterly Report on Form 10-Q that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting, as the circumstances that led to the restatement of our financial statements had not yet been identified. Management has implemented remediation steps to address the material weakness and to improve our internal control over financial reporting. Specifically, we expanded and improved our review process for complex securities and related accounting standards. We plan to further improve this process by enhancing access to accounting literature, identification of third-party professionals with whom to consult regarding complex accounting applications and consideration of additional staff with the requisite experience and training to supplement existing accounting professionals.

  

25

 

  

PART II – OTHER INFORMATION

 

Item 1. Legal Proceedings

 

None.

 

Item 1A. Risk Factors.

 

There are no material changes to the risk factors in our most recent Annual Report on Form 10-K/A as filed with the SEC on May XX, 2021.

 

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds from Registered Securities

 

Unregistered Sales of Equity Securities

 

On May 14, 2020, D8 Sponsor LLC, our sponsor, paid $25,000, or approximately $0.003 per share, to cover certain of our offering costs in exchange for 7,187,500 Class B ordinary shares (the “Founder Shares”). On June 25, 2020, our sponsor transferred 15,000 Founder Shares to Robert Kirby and 25,000 Founder Shares to each of Michael Kives, Fred Langhammer and Terry Lundgren, resulting in our sponsor holding 7,097,500 Founder Shares. On July 14, 2020, we effected a share capitalization of 1,437,500 Founder Shares resulting in 8,625,000 Class B ordinary shares outstanding, of which our sponsor now holds 8,535,000 Founder Shares. All shares and the associated amounts have been retroactively restated to reflect the share capitalization. Of the 8,625,000 Founder Shares outstanding, up to 1,125,000 Founder Shares were subject to forfeiture to the extent that the over-allotment option was not exercised in full by the underwriters, so that the Founder Shares will represent 20.0% of our issued and outstanding shares after the Initial Public Offering. The underwriters exercised their over-allotment option in full on July 24, 2020. As a result, these shares were no longer subject to forfeiture. Such securities were issued in connection with our organization pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act.

 

Concurrently with the closing of the initial public offering, our sponsor purchased an aggregate of 8,000,000 private placement warrants at a price of $1.00 per private placement warrant, generating gross proceeds of $8,000,000. Each warrant is exercisable to purchase one Class A ordinary share at $11.50 per share. On July 24, 2020, simultaneously with the sale of the over-allotment units, we consummated a private sale of an additional 900,000 private placement warrants to our sponsor, generating gross proceeds of $900,000. The proceeds from the private placement warrants were added to the proceeds from the initial public offering held in the trust account. The private placement warrants are identical to the warrants included as part of the units sold in the initial public offering, except that the private placement warrants, so long as they are held by the sponsor or its permitted transferees, (i) are not redeemable by us, (ii) may not (including the Class A ordinary shares issuable upon exercise of the warrants), subject to certain limited exceptions, be transferred, assigned or sold until 30 days after the completion of our initial business combination, (iii) may be exercised on a cashless basis and (iv) are entitled to registration rights. No underwriting discounts or commissions were paid with respect to such sale. The issuance of the private placement warrants was made pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933, as amended.

 

Use of Proceeds

 

On July 17, 2020 we consummated the initial public offering of 30,000,000 units. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share for $11.50 per share, subject to adjustment. The units were sold at a price of $10.00 per unit, generating gross proceeds to us of $300.0 million. Credit Suisse Securities (USA) LLC served as the sole underwriter of the initial public offering. The underwriters were granted a 45-day option to purchase up to 4,500,000 additional units to cover over-allotments, if any. On July 24, 2020, the underwriter exercised its over-allotment option in full and purchased an additional 4,500,000 units, generating gross proceeds of $45.0 million. The securities sold in the initial public offering were registered under the Securities Act on a registration statement on Form S-1 (File No. 333-239503). The SEC declared the registration statement effective on July 14, 2020.

 

26

 

 

A total of $345.0 million was placed in the trust account, comprised of $338.1 million of the proceeds from the initial public offering and exercise of the over-allotment in full (which amount includes approximately $12.1 million of the underwriters’ deferred discount) and $6.9 million of the proceeds of the private placement. We paid $6.9 million in underwriting discounts and recorded approximately $553,000 for other costs and expenses related to the initial public offering. There has been no material change in the planned use of proceeds from the initial public offering as described in the prospectus.

 

We paid an underwriting discount at the closing of the Initial Public Offering and at the closing of the exercise of the over-allotment option in full of an aggregate of $6.9 million.

 

Item 3. Defaults Upon Senior Securities

 

None.

 

Item 4. Mine Safety Disclosures

 

Not applicable.

 

Item 5. Other Information

 

None.

 

Item 6. Exhibits.

 

Exhibit

Number

  Description
2.1†   Merger Agreement, dated as of April 15, 2021, by and among D8 Holdings Corp., Snowball Merger Sub, Inc., and Vicarious Surgical Inc., and Adam Sachs, in his capacity as the Stockholder Representative (incorporated by reference to the corresponding exhibit to the Company’s Current Report on Form 8-K (File No. 001-39384), filed with the SEC on April 15, 2021).
10.1   Form of Subscription Agreement (incorporated by reference to the corresponding exhibit to the Company’s Current Report on Form 8-K (File No. 001-39384), filed with the SEC on April 15, 2021).
10.2   Sponsor Support Agreement, dated as of April 15, 2021, by and among D8 Sponsor LLC, each holder of Company Class B common stock, and the other parties thereto (incorporated by reference to the corresponding exhibit to the Company’s Current Report on Form 8-K (File No. 001-39384), filed with the SEC on April 15, 2021).
10.3   Letter Agreement, dated April 9, 2021, by and between the Company and David D. Ho (incorporated by reference to the corresponding exhibit to the Company’s Current Report on Form 8-K (File No. 001-39384), filed with the SEC on April 15, 2021).
31.1   Certification of Chief Executive Officer (Principal Executive Officer) Pursuant to Rules 13a-14(a) and 15d-14(a) under the Securities Exchange Act of 1934, as Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
31.2   Certification of Chief Financial Officer (Principal Financial and Accounting Officer) Pursuant to Rules 13a-14(a) and 15d-14(a) under the Securities Exchange Act of 1934, as Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32.1*   Certification of Chief Executive Officer (Principal Executive Officer) Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
32.2*   Certification of Chief Financial Officer (Principal Financial and Accounting Officer) Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
101.INS   XBRL Instance Document
101.SCH   XBRL Taxonomy Extension Schema Document
101.CAL   XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF   XBRL Taxonomy Extension Definition Linkbase Document
101.LAB   XBRL Taxonomy Extension Label Linkbase Document
101.PRE   XBRL Taxonomy Extension Presentation Linkbase Document

 

*These certifications are furnished to the SEC pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 and are deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall they be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such filing.

 

27

 

  

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated: May 24, 2021 D8 HOLDINGS CORP.
     
  By: /s/ David Chu
  Name:  David Chu
  Title: Chief Executive Officer

 

 

28

 

 

 

 

EX-31.1 2 f10q0321ex31-1_d8holdings.htm CERTIFICATION

Exhibit 31.1

 

CERTIFICATION

PURSUANT TO RULE 13a-14 AND 15d-14

UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED

 

I, David Chu, certify that:

 

1. I have reviewed this Quarterly Report on Form 10-Q for the quarter ended March 31, 2021 of D8 Holdings Corp.;

 

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

 

4. The registrant’s other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the registrant and have:

 

a.Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

b.[Paragraph intentionally omitted in accordance with SEC Release Nos. 34-47986 and 34-54942];

 

c.Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

 

d.Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

 

5. The registrant’s other certifying officers and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

 

a.All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

 

b.Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal controls over financial reporting.

 

Date: May 24, 2021 By: /s/ David Chu
    David Chu
    Chief Executive Officer (Principal Executive Officer)

 

 

EX-31.2 3 f10q0321ex31-2_d8holdings.htm CERTIFICATION

Exhibit 31.2

 

CERTIFICATION

PURSUANT TO RULE 13a-14 AND 15d-14

UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED

 

I, Robert Kirby, certify that:

 

1. I have reviewed this Quarterly Report on Form 10-Q for the quarter ended March 31, 2021 of D8 Holdings Corp.;

 

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

 

4. The registrant’s other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the registrant and have:

 

a.Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

b.[Paragraph intentionally omitted in accordance with SEC Release Nos. 34-47986 and 34-54942];

 

c.Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

 

d.Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

 

5. The registrant’s other certifying officers and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

 

a.All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

 

b.Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal controls over financial reporting.

 

Date: May 24, 2021 By: /s/ Robert Kirby
    Robert Kirby
    Chief Financial Officer (Principal Accounting and Financial Officer)

 

 

EX-32.1 4 f10q0321ex32-1_d8holdings.htm CERTIFICATION

Exhibit 32.1

 

CERTIFICATION PURSUANT TO

18 U.S.C. 1350

(SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002)

 

In connection with the Quarterly Report on Form 10-Q of D8 Holdings Corp. (the “Company”) for the quarter ended March 31, 2021, as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, David Chu, Chief Executive Officer of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to the best of my knowledge:

 

(1)the Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

 

(2)the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

 

Date: May 24, 2021 By: /s/ David Chu
    David Chu
    Chief Executive Officer (Principal Executive Officer)

 

 

EX-32.2 5 f10q0321ex32-2_d8holdings.htm CERTIFICATION

Exhibit 32.2

 

CERTIFICATION PURSUANT TO

18 U.S.C. 1350

(SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002)

 

In connection with the Quarterly Report of D8 Holdings Corp. (the “Company”) on Form 10-Q for the quarter ended March 31, 2021, as filed with the Securities and Exchange Commission on the date hereof (the “Report”), I, Robert Kirby, Chief Financial Officer, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that:

 

(1)the Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

 

(2)the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

 

Date: May 24, 2021 By: /s/ Robert Kirby
    Robert Kirby
    Chief Financial Officer (Principal Accounting and Financial Officer)

 

 

EX-101.INS 6 deh-20210331.xml XBRL INSTANCE FILE 0001812173 2021-01-01 2021-03-31 0001812173 us-gaap:CommonClassAMember 2021-05-24 0001812173 us-gaap:CommonClassBMember 2021-05-24 0001812173 2021-03-31 0001812173 2020-12-31 0001812173 us-gaap:CommonClassAMember 2021-03-31 0001812173 us-gaap:CommonClassAMember 2020-12-31 0001812173 us-gaap:CommonClassBMember 2021-03-31 0001812173 us-gaap:CommonClassBMember 2020-12-31 0001812173 us-gaap:CommonClassAMember 2021-01-01 2021-03-31 0001812173 us-gaap:CommonClassBMember 2021-01-01 2021-03-31 0001812173 us-gaap:AdditionalPaidInCapitalMember 2020-12-31 0001812173 us-gaap:RetainedEarningsMember 2020-12-31 0001812173 us-gaap:AdditionalPaidInCapitalMember 2021-01-01 2021-03-31 0001812173 us-gaap:RetainedEarningsMember 2021-01-01 2021-03-31 0001812173 us-gaap:AdditionalPaidInCapitalMember 2021-03-31 0001812173 us-gaap:RetainedEarningsMember 2021-03-31 0001812173 us-gaap:IPOMember 2020-07-01 2020-07-17 0001812173 us-gaap:IPOMember 2020-07-17 0001812173 us-gaap:OverAllotmentOptionMember 2020-07-01 2020-07-24 0001812173 2020-07-01 2020-07-24 0001812173 us-gaap:PrivatePlacementMember 2021-03-31 0001812173 us-gaap:PrivatePlacementMember 2021-01-01 2021-03-31 0001812173 us-gaap:PrivatePlacementMember 2020-07-24 0001812173 us-gaap:IPOMember 2021-01-01 2021-03-31 0001812173 us-gaap:IPOMember 2021-03-31 0001812173 us-gaap:CommonClassAMember 2020-01-01 2020-12-31 0001812173 us-gaap:AssetHeldInTrustMember 2021-01-01 2021-03-31 0001812173 us-gaap:OverAllotmentOptionMember 2020-07-01 2020-07-17 0001812173 2020-07-17 0001812173 2020-07-01 2020-07-17 0001812173 deh:FounderSharesMember 2020-05-01 2020-05-14 0001812173 deh:FounderSharesMember 2020-05-14 0001812173 us-gaap:CommonClassBMember deh:FounderSharesMember 2020-05-01 2020-05-14 0001812173 us-gaap:CommonClassBMember deh:FounderSharesMember 2020-05-14 0001812173 deh:RobertKirbyMember 2021-06-01 2021-06-25 0001812173 deh:MichaelKivesMember 2021-06-01 2021-06-25 0001812173 deh:FredLanghammerMember 2021-06-01 2021-06-25 0001812173 deh:TerryLundgrenMember 2021-06-01 2021-06-25 0001812173 deh:FounderSharesMember 2021-06-01 2021-06-25 0001812173 deh:FounderSharesMember 2020-07-01 2020-07-14 0001812173 deh:FounderSharesMember 2021-01-01 2021-03-31 0001812173 us-gaap:PrivatePlacementMember 2020-07-01 2020-07-17 0001812173 us-gaap:CommonClassAMember 2020-07-17 0001812173 us-gaap:PrivatePlacementMember 2020-07-17 0001812173 us-gaap:PrivatePlacementMember 2020-07-01 2020-07-24 0001812173 2020-05-14 0001812173 us-gaap:OverAllotmentOptionMember 2021-01-01 2021-03-31 0001812173 deh:ExercisePriceEighteenMember 2021-01-01 2021-03-31 0001812173 deh:ExercisePriceTenMember 2021-01-01 2021-03-31 0001812173 us-gaap:CommonClassBMember 2020-05-14 0001812173 us-gaap:CommonClassBMember deh:FounderSharesMember 2020-07-01 2020-07-14 0001812173 us-gaap:CommonClassBMember 2020-07-14 0001812173 us-gaap:CommonClassBMember 2020-07-01 2020-07-14 0001812173 us-gaap:FairValueInputsLevel1Member 2021-03-31 0001812173 us-gaap:FairValueInputsLevel2Member 2021-03-31 0001812173 us-gaap:FairValueInputsLevel3Member 2021-03-31 0001812173 us-gaap:FairValueInputsLevel1Member 2020-12-31 0001812173 us-gaap:FairValueInputsLevel2Member 2020-12-31 0001812173 us-gaap:FairValueInputsLevel3Member 2020-12-31 0001812173 2020-05-06 2020-12-31 xbrli:shares iso4217:USD iso4217:USD xbrli:shares xbrli:pure false --12-31 Q1 2021 2021-03-31 10-Q 0001812173 Yes true false 001-39384 Non-accelerated Filer E9 Yes D8 HOLDINGS CORP. true true 34500000 8625000 1027964 1097313 65000 132958 1092964 1230271 345258401 345191130 346351365 346421401 57199 13682 1457512 112538 1514711 126220 12075000 12075000 31140500 29415500 44730211 41616720 296621150 299804680 0.0001 0.0001 200000000 200000000 29662115 29980468 10.00 10.00 0.0001 0.0001 1000000 1000000 484 452 0.0001 0.0001 200000000 200000000 4837885 4519532 4837885 4519532 863 863 0.0001 0.0001 20000000 20000000 8625000 8625000 8625000 8625000 17644892 14461394 -12646235 -9462708 5000004 5000001 346351365 346421401 1495798 30000 -1525798 1725000 67271 -3183527 34500000 0.00 8625000 -0.38 4519532 452 8625000 863 14461394 -9462708 318353 32 3183498 3183530 -3183527 4837885 484 8625000 863 17644892 -12646235 67271 -67958 43517 1344974 -69349 -69349 3183530 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; "><b>Note 1&#x2014;Description of Organization and Business Operations</b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">D8 Holdings Corp. (the &#x201c;Company&#x201d;) was incorporated as a Cayman Islands exempted company on May&#xa0;6, 2020. The Company was incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses (the &#x201c;Business Combination&#x201d;). Although the Company is not limited to a particular industry or sector for purposes of consummating a Business Combination, the Company intends to focus its search on the consumer retail sector. The Company is an emerging growth company and, as such, the Company is subject to all of the risks associated with emerging growth companies.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As of March 31, 2021, the Company had not commenced any operations. All activity for the period from May&#xa0;6, 2020 (inception) through March 31, 2021 relates to the Company&#x2019;s formation, and the initial public offering described below, and since the initial public offering, a search for a business combination target. The Company will not generate any operating revenues until after the completion of its initial Business Combination, at the earliest. The Company will generate non-operating&#xa0;income in the form of net gain from investments held in Trust Account from the proceeds derived from the Initial Public Offering (as defined below). The Company has selected December&#xa0;31 as its fiscal year end.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Financing</i></b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company&#x2019;s sponsor is D8 Sponsor LLC, a Cayman Islands limited liability company (the &#x201c;Sponsor&#x201d;).The registration statement for the Initial Public Offering was declared effective on July&#xa0;14, 2020. On July 17, 2020, the Company consummated the&#xa0;Initial Public Offering of&#xa0;30,000,000 units&#xa0;(the &#x201c;Units&#x201d;)&#xa0;at $10.00 per Unit, generating gross proceeds of&#xa0;$300.0&#xa0;million (the &#x201c;Initial Public Offering&#x201d;). Each Unit consists of one Class A ordinary share (the &#x201c;Public Shares&#x201d;) of the Company, par value $0.0001, and one-half of one redeemable warrant (the &#x201c;Public Warrants&#x201d;) of the Company, with each whole warrant entitled to purchase one Class A Ordinary Share for $11.50 per share, subject to adjustment. On July 24, 2020, the underwriters exercised the over-allotment option in full and purchased an additional 4,500,000 Units (the &#x201c;Over-Allotment Units&#x201d;), generating additional gross proceeds of $45.0 million. The Company incurred total offering costs of approximately $19.5 million in underwriting fees (inclusive of approximately $12.1 million in deferred underwriting fees) (Note 5).</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Simultaneously with the closing of the Initial Public Offering, the Company consummated the private placement (&#x201c;Private Placement&#x201d;) of&#xa0;8,000,000 warrants (each, a &#x201c;Private Placement Warrant&#x201d; and collectively, the &#x201c;Private Placement Warrants&#x201d;) to the Sponsor, each exercisable to purchase one Class&#xa0;A ordinary share at $11.50 per share, at a price of $1.00 per Private Placement Warrant, generating gross proceeds to the Company of $8.0 million, and incurring offering costs of approximately $16,000&#xa0;(Note 4). On July 24, 2020, simultaneously with the sale of the Over-Allotment Units, the Company consummated a private sale of an additional 900,000 Private Placement Warrants to the Sponsor, generating gross proceeds of $900,000. </p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Trust Account</i></b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Upon the closing of the Initial Public Offering&#xa0;and the Private Placement, $345.0 million ($10.00 per Unit) of the net proceeds of the Initial Public Offering and certain of the proceeds of the Private Placement was&#xa0;placed in trust accounts (&#x201c;Trust Accounts&#x201d;), located in the United&#xa0;States with Continental Stock Transfer&#xa0;&amp; Trust Company acting as trustee, and is invested only in U.S.&#xa0;government securities, within the meaning set forth in Section&#xa0;2(a)(16) of the Investment Company Act, having a maturity of 185&#xa0;days or less or in money market funds meeting certain conditions under Rule&#xa0;2a-7&#xa0;promulgated under the Investment Company Act which invest only in direct U.S. government treasury obligations, until the earlier of: (i)&#xa0;the completion of a Business Combination or (ii)&#xa0;the distribution of the Trust Account as described below.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Initial Business Combination</i></b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company&#x2019;s management has broad discretion with respect to the specific application of the net proceeds of the Initial Public Offering and the sale of Private Placement Warrants, although substantially all of the net proceeds are intended to be applied generally toward consummating a Business Combination. There is no assurance that the Company will be able to complete a Business Combination successfully. The Company must complete an initial Business Combination with one or more operating businesses or assets with a fair market value of at least 80% of the net assets held in the Trust Account (as defined below) (excluding the amount of any deferred underwriting discount held in the Trust Account) at the time of the agreement to enter into the initial Business Combination. However, the Company will only complete a Business Combination if the post-transaction&#xa0;company owns or acquires 50% or more of the outstanding voting securities of the target or otherwise acquires a controlling interest in the target sufficient for it not to be required to register as an investment company under the Investment Company Act 1940, as amended (the &#x201c;Investment Company Act&#x201d;).</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company will provide its holders (the &#x201c;Public Shareholders&#x201d;) of its Class&#xa0;A ordinary shares, par value $0.0001, sold in the Initial Public Offering, with the opportunity to redeem all or a portion of their Public Shares upon the completion of a Business Combination either (i)&#xa0;in connection with a general meeting called to approve the Business Combination or (ii)&#xa0;by means of a tender offer. The decision as to whether the Company will seek shareholder approval of a Business Combination or conduct a tender offer will be made by the Company, solely in its discretion. The Public Shareholders will be entitled to redeem their Public Shares for a pro rata portion of the amount then in the Trust Account (initially anticipated to be $10.00 per Public Share). The per-share&#xa0;amount to be distributed to Public Shareholders who redeem their Public Shares will not be reduced by the deferred underwriting commissions the Company will pay to the underwriters (as discussed in Note&#xa0;5). These Public Shares were classified as temporary equity upon the completion of the Initial Public Offering in accordance with the Financial Accounting Standards Board&#x2019;s (&#x201c;FASB&#x201d;) Accounting Standards Codification (&#x201c;ASC&#x201d;) Topic 480 &#x201c;Distinguishing Liabilities from Equity.&#x201d; In such case, the Company will proceed with a Business Combination if the Company has net tangible assets of at least $5,000,001 and the approval of an ordinary resolution. If a shareholder vote is not required by law and the Company does not decide to hold a shareholder vote for business or other legal reasons, the Company will, pursuant to its Amended and Restated Memorandum and Articles of Association, conduct the redemptions pursuant to the tender offer rules of the U.S.&#xa0;Securities and Exchange Commission (&#x201c;SEC&#x201d;) and file tender offer documents with the SEC prior to completing a Business Combination. If, however, shareholder approval of the transactions is required by law, or the Company decides to obtain shareholder approval for business or legal reasons, the Company will offer to redeem shares in conjunction with a proxy solicitation pursuant to the proxy rules and not pursuant to the tender offer rules. Additionally, each Public Shareholder may elect to redeem their Public Shares irrespective of whether they vote for or against the proposed transaction. If the Company seeks shareholder approval in connection with a Business Combination, the initial shareholders (as defined below) have agreed to vote their Founder Shares (as defined below in Note&#xa0;4) and any Public Shares purchased during or after the Initial Public Offering in favor of a Business Combination. In addition, the initial shareholders have agreed to waive their redemption rights with respect to their Founder Shares and Public Shares in connection with the completion of a Business Combination.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Notwithstanding the foregoing, the Amended and Restated Memorandum and Articles of Association provide that a Public Shareholder, together with any affiliate of such shareholder or any other person with whom such shareholder is acting in concert or as a &#x201c;group&#x201d; (as defined under Section&#xa0;13 of the Securities Exchange Act of 1934, as amended (the &#x201c;Exchange Act&#x201d;)), will be restricted from redeeming its shares with respect to more than an aggregate of 20% or more of the Class&#xa0;A ordinary shares sold in the Initial Public Offering, without the prior consent of the Company.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company&#x2019;s Sponsor, officers and directors (the &#x201c;initial shareholders&#x201d;) have agreed, pursuant to a written agreement with the Company, that they will not propose any amendment to the Amended and Restated Memorandum and Articles of Association (A) to modify the substance or timing of the Company&#x2019;s obligation to allow redemption in connection with the initial Business Combination or to redeem 100% of its Public Shares if the Company does not complete a Business Combination within 24&#xa0;months from the closing of the Initial Public Offering, or July 17, 2022 (the &#x201c;Combination Period&#x201d;) or (B)&#xa0;with respect to any other material provisions relating to shareholders&#x2019; rights or pre-initial&#xa0;Business Combination activity, unless the Company provides the Public Shareholders with the opportunity to redeem their Class&#xa0;A ordinary shares upon approval of any such amendment at a per-share&#xa0;price, payable in cash, equal to the aggregate amount then on deposit in the trust account, including interest earned on the funds held in the trust account and not previously released to us to pay our taxes, divided by the number of then outstanding Public Shares.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">If the Company is unable to complete a Business Combination within the Combination Period, the Company will (i)&#xa0;cease all operations except for the purpose of winding up, (ii)&#xa0;as promptly as reasonably possible but not more than ten business days thereafter, redeem the Public Shares, at a per-share&#xa0;price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest earned on the funds held in the Trust Account and not previously released to the Company (less taxes payable and up to $100,000 of interest to pay dissolution expenses), divided by the number of then outstanding Public Shares, which redemption will completely extinguish Public Shareholders&#x2019; rights as shareholders (including the right to receive further liquidation distributions, if any) and (iii)&#xa0;as promptly as reasonably possible following such redemption, subject to the approval of the Company&#x2019;s remaining shareholders and the Company&#x2019;s board of directors, liquidate and dissolve, subject, in the case of clauses (ii)&#xa0;and (iii), to the Company&#x2019;s obligations under Cayman Islands law to provide for claims of creditors and in all cases subject to the other requirements of applicable law.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The initial shareholders have agreed to waive their liquidation rights with respect to the Founder Shares if the Company fails to complete a Business Combination within the Combination Period. However, if the initial shareholders or members of the Company&#x2019;s management team acquire Public Shares in or after the Initial Public Offering, they will be entitled to liquidating distributions from the Trust Account with respect to such Public Shares if the Company fails to complete a Business Combination within the Combination Period. The underwriters have agreed to waive their rights to their deferred underwriting commission (see Note&#xa0;5) held in the Trust Account in the event the Company does not complete a Business Combination within in the Combination Period and, in such event, such amounts will be included with the other funds held in the Trust Account that will be available to fund the redemption of the Public Shares. In the event of such distribution, it is possible that the per share value of the residual assets remaining available for distribution (including Trust Account assets) will be only $10.00 per share initially held in the Trust Account. In order to protect the amounts held in the Trust Account, the Sponsor has agreed to be liable to the Company if and to the extent any claims by a third party for services rendered or products sold to the Company, or a prospective target business with which the Company has entered into a written letter of intent, confidentiality or other similar agreement or business combination agreement, reduce the amount of funds in the Trust Account to below the lesser of (i) $10.00 per public share and (ii) the actual amount per Public Share held in the Trust Account as of the date of the liquidation of the trust account, if less than $10.00 per share due to reductions in the value of the trust assets, less taxes payable. This liability will not apply with respect to any claims by a third party who executed a waiver of any and all rights to the monies held in the Trust Account (whether or not such waiver is enforceable) or to any claims under the Company&#x2019;s indemnity of the underwriters of the Initial Public Offering against certain liabilities, including liabilities under the Securities Act of 1933, as amended (the &#x201c;Securities Act&#x201d;). Moreover, in the event that an executed waiver is deemed to be unenforceable against a third party, the Sponsor will not be responsible to the extent of any liability for such third-party claims. The Company will seek to reduce the possibility that the Sponsor will have to indemnify the Trust Account due to claims of creditors by endeavoring to have all vendors, service providers (except for the Company&#x2019;s independent public registered accounting firm), prospective target businesses or other entities with which the Company does business, execute agreements with the Company waiving any right, title, interest or claim of any kind in or to monies held in the Trust Account.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Further, Section&#xa0;102(b)(1) of the JOBS Act exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that have not had a Securities Act registration statement declared effective or do not have a class of securities registered under the Exchange Act) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that an emerging growth company can elect to opt out of the extended transition period and comply with the requirements that&#xa0;apply&#xa0;to&#xa0;non-emerging&#xa0;growth&#xa0;companies&#xa0;but any such an election to opt out is irrevocable. The Company has elected not to opt out of such extended transition period, which means that when a standard is issued or revised and it has different application dates for public or private companies, the Company, as an emerging growth company, can adopt the new or revised standard at the time private companies adopt the new or revised standard.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">This may make the comparison of the Company&#x2019;s financial statement with another public company that is neither an emerging growth company nor an emerging growth company that has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Liquidity and Capital Resources</i></b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As of March 31, 2021, the Company had approximately $1.0 million in its operating bank account and working capital deficit of approximately $422,000.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Prior to the completion of the Initial Public Offering, the Over-Allotment and the Private Placement, the Company&#x2019;s liquidity needs had been satisfied through the payment of $25,000 in offering costs by the Sponsor in exchange for the issuance of the Founder Shares, and a loan of approximately $127,000 pursuant to the Note issued to the Sponsor (Note 4). The Company repaid the Note in full on July 17, 2020. Subsequent to the consummation of the Initial Public Offering, the Over-Allotment and the Private Placement, the Company&#x2019;s liquidity needs have been satisfied with the proceeds from the consummation of the Private Placement not held in the Trust Account. In addition, in order to finance transaction costs in connection with a Business Combination, the Sponsor may, but is not obligated to, provide the Company Working Capital Loans (see Note 4). As of March 31, 2021, there were no Working Capital Loans outstanding.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Based on the foregoing, management believes that the Company will have sufficient working capital and borrowing capacity from the Sponsor or an affiliate of the Sponsor, or certain of the Company&#x2019;s officers and directors to meet its needs through the earlier of the consummation of a Business Combination or one year from this filing. Over this time period, the Company will be using these funds for paying existing accounts payable, identifying and evaluating prospective initial Business Combination candidates, performing due diligence on prospective target businesses, paying for travel expenditures, selecting the target business to merge with or acquire, and structuring, negotiating and consummating the Business Combination.</p><br/> 30000000 10.00 300000000 Each Unit consists of one Class A ordinary share (the &#x201c;Public Shares&#x201d;) of the Company, par value $0.0001, and one-half of one redeemable warrant (the &#x201c;Public Warrants&#x201d;) of the Company, with each whole warrant entitled to purchase one Class A Ordinary Share for $11.50 per share, subject to adjustment. 4500000 45000000 19500000 12100000 8000000 11.50 1.00 8000000 16000 900000 900000 345000000 10.00 0.80 0.50 The Company will provide its holders (the &#x201c;Public Shareholders&#x201d;) of its Class A ordinary shares, par value $0.0001, sold in the Initial Public Offering, with the opportunity to redeem all or a portion of their Public Shares upon the completion of a Business Combination either (i) in connection with a general meeting called to approve the Business Combination or (ii) by means of a tender offer. The decision as to whether the Company will seek shareholder approval of a Business Combination or conduct a tender offer will be made by the Company, solely in its discretion. The Public Shareholders will be entitled to redeem their Public Shares for a pro rata portion of the amount then in the Trust Account (initially anticipated to be $10.00 per Public Share). The per-share amount to be distributed to Public Shareholders who redeem their Public Shares will not be reduced by the deferred underwriting commissions the Company will pay to the underwriters (as discussed in Note 5). These Public Shares were classified as temporary equity upon the completion of the Initial Public Offering in accordance with the Financial Accounting Standards Board&#x2019;s (&#x201c;FASB&#x201d;) Accounting Standards Codification (&#x201c;ASC&#x201d;) Topic 480 &#x201c;Distinguishing Liabilities from Equity.&#x201d; In such case, the Company will proceed with a Business Combination if the Company has net tangible assets of at least $5,000,001 and the approval of an ordinary resolution. 0.20 1.00 100000 In the event of such distribution, it is possible that the per share value of the residual assets remaining available for distribution (including Trust Account assets) will be only $10.00 per share initially held in the Trust Account. In order to protect the amounts held in the Trust Account, the Sponsor has agreed to be liable to the Company if and to the extent any claims by a third party for services rendered or products sold to the Company, or a prospective target business with which the Company has entered into a written letter of intent, confidentiality or other similar agreement or business combination agreement, reduce the amount of funds in the Trust Account to below the lesser of (i) $10.00 per public share and (ii) the actual amount per Public Share held in the Trust Account as of the date of the liquidation of the trust account, if less than $10.00 per share due to reductions in the value of the trust assets, less taxes payable. This liability will not apply with respect to any claims by a third party who executed a waiver of any and all rights to the monies held in the Trust Account (whether or not such waiver is enforceable) or to any claims under the Company&#x2019;s indemnity of the underwriters of the Initial Public Offering against certain liabilities, including liabilities under the Securities Act of 1933, as amended (the &#x201c;Securities Act&#x201d;). 1000000 422000 25000 127000 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>Note 2&#x2014;Basic of Presentation and Summary of Significant Accounting Policies</b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Basis of Presentation</i></b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The accompanying unaudited condensed financial statements of the Company have been prepared in accordance with United States generally accepted accounting principles (&#x201c;U.S. GAAP&#x201d;) for interim financial information and Article 8 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP. In the opinion of management, all adjustments (consisting of normal accruals) considered for a fair presentation have been included. Operating results for the three months ended March 31, 2021 are not necessarily indicative of the results that may be expected for the year ending December 31, 2021.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The accompanying unaudited condensed financial statements should be read in conjunction with the audited financial statements and notes thereto included in the Company&#x2019;s Annual Report on Form 10K/A filed with the SEC on May [&#x25cf;], 2021.&#xa0;</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Emerging Growth Company</i></b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As an emerging growth company, the Company may take advantage of certain exemptions from various reporting requirements that are applicable to other public companies that are not emerging growth companies including, but not limited to, not being required to comply with the auditor attestation requirements of Section&#xa0;404 of the Sarbanes-Oxley Act of 2002, reduced disclosure obligations regarding executive compensation in its periodic reports and proxy statements, and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and shareholder approval of any golden parachute payments not previously approved.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Further, Section&#xa0;102(b)(1) of the JOBS Act exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that have not had a Securities Act registration statement declared effective or do not have a class of securities registered under the Exchange Act) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that an emerging growth company can elect to opt out of the extended transition period and comply with the requirements that apply to non-emerging growth companies but any such election to opt out is irrevocable. The Company has elected not to opt out of such extended transition period which means that when a standard is issued or revised and it has different application dates for public or private companies, the Company, as an emerging growth company, can adopt the new or revised standard at the time private companies adopt the new or revised standard. This may make comparison of the Company&#x2019;s financial statements with another public company which is neither an emerging growth company nor an emerging growth company which has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used. This may make comparison of the Company&#x2019;s financial statement with another public company that is neither an emerging growth company nor an emerging growth company that has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Use of Estimates</i></b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of financial statements in conformity with U.S. GAAP requires the Company&#x2019;s management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements. Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. One of the more significant accounting estimates included in these financial statements is the determination of the fair value of the warrant liability. Such estimates may be subject to change as more current information becomes available and accordingly the actual results could differ significantly from those estimates.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Cash and Cash Equivalents</i></b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company considers all short-term investments with an original maturity of three months or less when purchased to be cash equivalents. There were no cash equivalents held outside the Trust Account as of March 31, 2021 and December 31, 2020.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Investments Held in Trust Accounts</i></b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company&#x2019;s portfolio of investments is comprised solely of U.S. government securities, within the meaning set forth in Section 2(a)(16) of the Investment Company Act, with a maturity of 185 days or less, or investments in money market funds that invest in U.S. government securities, or a combination thereof. The Company&#x2019;s investments held in the Trust Accounts are classified as trading securities. Trading securities are presented on the balance sheet at fair value at the end of each reporting period. Gains and losses resulting from the change in fair value of these securities is included in gain on investment (net), dividends and interest held in Trust Account in the accompanying unaudited condensed statement of operations. The estimated fair values of investments held in the Trust Accounts are determined using available market information.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Concentration of Credit Risk</i></b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash accounts in a financial institution, which, at times, may exceed the Federal Depository Insurance Coverage of $250,000, and investments held in Trust Accounts. The Company has not experienced losses on these accounts and management believes the Company is not exposed to significant risks on such accounts.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Fair Value of Financial Instruments</i></b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Fair value is defined as the price that would be received for sale of an asset or paid for transfer of a liability, in an orderly transaction between market participants at the measurement date. U.S. GAAP establishes a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level&#xa0;1 measurements) and the lowest priority to unobservable inputs (Level&#xa0;3 measurements). These tiers include:</p><br/><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0.25in"></td><td style="width: 0.25in; text-align: left"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#x25cf;</font></td><td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Level&#xa0;1, defined as observable inputs such as quoted prices for identical instruments in active markets;</font></td> </tr></table><br/><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0.25in"></td><td style="width: 0.25in; text-align: left"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#x25cf;</font></td><td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Level&#xa0;2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable such as quoted prices for similar instruments in active markets or quoted prices for identical or similar instruments in markets that are not active; and</font></td> </tr></table><br/><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0.25in"></td><td style="width: 0.25in; text-align: left"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#x25cf;</font></td><td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Level&#xa0;3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions, such as valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable.</font></td> </tr></table><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; ">In some circumstances, the inputs used to measure fair value might be categorized within different levels of the fair value hierarchy.&#xa0;In those instances, the fair value measurement is categorized in its entirety in the fair value hierarchy based on the lowest level input that is significant to the fair value measurement.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; ">As of March 31, 2021 and December 31, 2020, the carrying values of cash, prepaid expenses, accounts payable and accrued expenses approximate their fair values due to the short-term nature of the instruments. The Company&#x2019;s portfolio of investments held in the Trust Accounts are comprised of investments in U.S. Treasury securities with an original maturity of 185 days or less or investments in money market funds that invest in U.S. government securities, or a combination thereof. The fair value for trading securities is determined using quoted market prices in active markets.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; "><b><i>Offering Costs Associated with the Initial Public Offering</i></b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company complies with the requirements of the FASB ASC Topic 340-10-S99-1 and SEC Staff Accounting Bulletin Topic 5A &#x2013; &#x201c;Expenses of Offering.&#x201d; Offering costs consist of costs incurred in connection with the formation and preparation for the Initial Public Offering. These costs, together with the underwriting discount, were charged to additional paid-in capital upon the completion of the Initial Public Offering. Offering costs associated with warrant liabilities were expensed as incurred.&#xa0;Offering costs associated with the Class A ordinary shares were charged to stockholders&#x2019; equity upon the completion of the Initial Public Offering.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; "><b><i>Class&#xa0;A Ordinary Shares Subject to Possible Redemption</i></b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; ">The Company accounts for its Class&#xa0;A ordinary shares subject to possible redemption in accordance with the guidance in ASC Topic 480 &#x201c;Distinguishing Liabilities from Equity.&#x201d; Class&#xa0;A ordinary shares subject to mandatory redemption (if any) are classified as liability instruments and are measured at fair value. Conditionally redeemable Class&#xa0;A ordinary shares (including Class&#xa0;A ordinary shares that feature redemption rights that are either within the control of the holder or subject to redemption upon the occurrence of uncertain events not solely within the Company&#x2019;s control) are classified as temporary equity. At all other times, Class&#xa0;A ordinary shares are classified as shareholders&#x2019; equity. The Company&#x2019;s Class&#xa0;A ordinary shares feature certain redemption rights that are considered to be outside of the Company&#x2019;s control and subject to the occurrence of uncertain future events. Accordingly, at March 31, 2021 and December 31, 2020, 29,662,115 and 29,980,468 Class&#xa0;A ordinary shares subject to possible redemption are presented as temporary equity, outside of the shareholders&#x2019; equity section of the Company&#x2019;s balance sheets.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; "><b><i>Income Taxes</i></b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; ">FASB ASC 740 prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more likely than not to be sustained upon examination by taxing authorities. There were no unrecognized tax benefits as of March 31, 2021 and December 31, 2020. The Company&#x2019;s management determined that the Cayman Islands is the Company&#x2019;s only major tax jurisdiction. The Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense. No amounts were accrued for the payment of interest and penalties as of March 31, 2021 and December 31, 2020. The Company is currently not aware of any issues under review that could result in significant payments, accruals or material deviation from its position.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company is considered an exempted Cayman Islands company and is presently not subject to income taxes or income tax filing requirements in the Cayman Islands or the United States. As such, the Company&#x2019;s tax provision was zero for the periods presented. The Company&#x2019;s management does not expect that the total amount of unrecognized tax benefits will materially change over the next twelve&#xa0;months.&#xa0;</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; "><b><i>Net Income (Loss) per Ordinary Share</i></b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company complies with accounting and disclosure requirements of ASC Topic 260, &#x201c;Earnings Per Share.&#x201d; Net income (loss) per ordinary share is computed by dividing net income (loss) by the weighted average number of ordinary shares outstanding during the period. The Company has not considered the effect of the warrants sold in the Initial Public Offering and Private Placement to purchase an aggregate of&#xa0;26,150,000 shares of Class&#xa0;A ordinary shares in the calculation of diluted earnings per ordinary share, since their inclusion would be anti-dilutive under the treasury stock method. As a result, diluted loss per ordinary share is the same as basic loss per share for the period presented.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company&#x2019;s statement of operations include a presentation of income per share for ordinary shares subject to redemption in a manner similar to&#xa0;the&#xa0;two-class&#xa0;method&#xa0;of income per share. Net income per share, basic and diluted for Class&#xa0;A ordinary shares is calculated by dividing the investment income earned on the Trust Account of approximately $67,000 for the three months ended March 31, 2021 by the weighted average number of shares of Class&#xa0;A ordinary shares outstanding for the period. Net loss per share, basic and diluted for Class&#xa0;B ordinary shares for the three months ended March 31, 2021 is calculated by dividing the net loss of approximately $3.2 million, less income attributable to Class&#xa0;A ordinary shares, by the weighted average number of shares of Class&#xa0;B ordinary shares outstanding for the period.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; "><b><i>Derivative warrant liabilities</i></b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company does not use derivative instruments to hedge exposures to cash flow, market, or foreign currency risks. The Company evaluates all of its financial instruments, including issued shares purchase warrants, to determine if such instruments are derivatives or contain features that qualify as embedded derivatives, pursuant to ASC 480 and ASC 815-15. The classification of derivative instruments, including whether such instruments should be recorded as liabilities or as equity, is re-assessed at the end of each reporting period.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company accounts for its 26,150,000 warrants issued in connection with its Initial Public Offering (17,250,000) and Private Placement (8,900,000) as derivative warrant liabilities in accordance with ASC 815-40. Accordingly, the Company recognizes the warrant instruments as liabilities at fair value and adjusts the instruments to fair value at each reporting period. The liabilities are subject to re-measurement at each balance sheet date until exercised, and any change in fair value is recognized in the Company&#x2019;s statements of operations. The fair value of warrants issued in connection with the Private Placement has been estimated using Black-Scholes Options Pricing model at each balance sheet date. The fair value of the warrants issued in connection with the Initial Public Offering was initially measured using a Black-Scholes Options Pricing model and subsequently been measured at each measurement date based on the market price of such warrants.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; "><b><i>Recent Adopted Accounting Standards</i></b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In August 2020, the FASB issued ASU No. 2020-06, Debt&#x2014;Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging&#x2014; Contracts in Entity&#x2019;s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity&#x2019;s Own Equity (&#x201c;ASU 2020-06&#x201d;), which simplifies accounting for convertible instruments by removing major separation models required under current GAAP. The ASU also removes certain settlement conditions that are required for equity-linked contracts to qualify for the derivative scope exception, and it simplifies the diluted earnings per share calculation in certain areas. The Company adopted ASU 2020-06 on January 1, 2021. Adoption of the ASU did not impact the Company&#x2019;s financial position, results of operations or cash flows.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; "><b><i>Recent Issued Accounting Standards</i></b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company&#x2019;s management does not believe that any recently issued, but not yet effective, accounting standards updates, if currently adopted, would have a material effect on the accompanying financial statement.</p><br/> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Basis of Presentation</i></b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The accompanying unaudited condensed financial statements of the Company have been prepared in accordance with United States generally accepted accounting principles (&#x201c;U.S. GAAP&#x201d;) for interim financial information and Article 8 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP. In the opinion of management, all adjustments (consisting of normal accruals) considered for a fair presentation have been included. Operating results for the three months ended March 31, 2021 are not necessarily indicative of the results that may be expected for the year ending December 31, 2021.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The accompanying unaudited condensed financial statements should be read in conjunction with the audited financial statements and notes thereto included in the Company&#x2019;s Annual Report on Form 10K/A filed with the SEC on May [&#x25cf;], 2021.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Emerging Growth Company</i></b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As an emerging growth company, the Company may take advantage of certain exemptions from various reporting requirements that are applicable to other public companies that are not emerging growth companies including, but not limited to, not being required to comply with the auditor attestation requirements of Section&#xa0;404 of the Sarbanes-Oxley Act of 2002, reduced disclosure obligations regarding executive compensation in its periodic reports and proxy statements, and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and shareholder approval of any golden parachute payments not previously approved.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Further, Section&#xa0;102(b)(1) of the JOBS Act exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that have not had a Securities Act registration statement declared effective or do not have a class of securities registered under the Exchange Act) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that an emerging growth company can elect to opt out of the extended transition period and comply with the requirements that apply to non-emerging growth companies but any such election to opt out is irrevocable. The Company has elected not to opt out of such extended transition period which means that when a standard is issued or revised and it has different application dates for public or private companies, the Company, as an emerging growth company, can adopt the new or revised standard at the time private companies adopt the new or revised standard. This may make comparison of the Company&#x2019;s financial statements with another public company which is neither an emerging growth company nor an emerging growth company which has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used. This may make comparison of the Company&#x2019;s financial statement with another public company that is neither an emerging growth company nor an emerging growth company that has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Use of Estimates</i></b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of financial statements in conformity with U.S. GAAP requires the Company&#x2019;s management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements. Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. One of the more significant accounting estimates included in these financial statements is the determination of the fair value of the warrant liability. Such estimates may be subject to change as more current information becomes available and accordingly the actual results could differ significantly from those estimates.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Cash and Cash Equivalents</i></b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company considers all short-term investments with an original maturity of three months or less when purchased to be cash equivalents. There were no cash equivalents held outside the Trust Account as of March 31, 2021 and December 31, 2020.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Investments Held in Trust Accounts</i></b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company&#x2019;s portfolio of investments is comprised solely of U.S. government securities, within the meaning set forth in Section 2(a)(16) of the Investment Company Act, with a maturity of 185 days or less, or investments in money market funds that invest in U.S. government securities, or a combination thereof. The Company&#x2019;s investments held in the Trust Accounts are classified as trading securities. Trading securities are presented on the balance sheet at fair value at the end of each reporting period. Gains and losses resulting from the change in fair value of these securities is included in gain on investment (net), dividends and interest held in Trust Account in the accompanying unaudited condensed statement of operations. The estimated fair values of investments held in the Trust Accounts are determined using available market information.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Concentration of Credit Risk</i></b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash accounts in a financial institution, which, at times, may exceed the Federal Depository Insurance Coverage of $250,000, and investments held in Trust Accounts. The Company has not experienced losses on these accounts and management believes the Company is not exposed to significant risks on such accounts.</p> 250000 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Fair Value of Financial Instruments</i></b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Fair value is defined as the price that would be received for sale of an asset or paid for transfer of a liability, in an orderly transaction between market participants at the measurement date. U.S. GAAP establishes a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level&#xa0;1 measurements) and the lowest priority to unobservable inputs (Level&#xa0;3 measurements). These tiers include:</p><br/><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0.25in"></td><td style="width: 0.25in; text-align: left"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#x25cf;</font></td><td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Level&#xa0;1, defined as observable inputs such as quoted prices for identical instruments in active markets;</font></td> </tr></table><br/><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0.25in"></td><td style="width: 0.25in; text-align: left"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#x25cf;</font></td><td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Level&#xa0;2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable such as quoted prices for similar instruments in active markets or quoted prices for identical or similar instruments in markets that are not active; and</font></td> </tr></table><br/><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0.25in"></td><td style="width: 0.25in; text-align: left"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#x25cf;</font></td><td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Level&#xa0;3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions, such as valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable.</font></td> </tr></table><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; ">In some circumstances, the inputs used to measure fair value might be categorized within different levels of the fair value hierarchy.&#xa0;In those instances, the fair value measurement is categorized in its entirety in the fair value hierarchy based on the lowest level input that is significant to the fair value measurement.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; ">As of March 31, 2021 and December 31, 2020, the carrying values of cash, prepaid expenses, accounts payable and accrued expenses approximate their fair values due to the short-term nature of the instruments. The Company&#x2019;s portfolio of investments held in the Trust Accounts are comprised of investments in U.S. Treasury securities with an original maturity of 185 days or less or investments in money market funds that invest in U.S. government securities, or a combination thereof. The fair value for trading securities is determined using quoted market prices in active markets.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; "><b><i>Offering Costs Associated with the Initial Public Offering</i></b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company complies with the requirements of the FASB ASC Topic 340-10-S99-1 and SEC Staff Accounting Bulletin Topic 5A &#x2013; &#x201c;Expenses of Offering.&#x201d; Offering costs consist of costs incurred in connection with the formation and preparation for the Initial Public Offering. These costs, together with the underwriting discount, were charged to additional paid-in capital upon the completion of the Initial Public Offering. Offering costs associated with warrant liabilities were expensed as incurred.&#xa0;Offering costs associated with the Class A ordinary shares were charged to stockholders&#x2019; equity upon the completion of the Initial Public Offering.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; "><b><i>Class&#xa0;A Ordinary Shares Subject to Possible Redemption</i></b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; ">The Company accounts for its Class&#xa0;A ordinary shares subject to possible redemption in accordance with the guidance in ASC Topic 480 &#x201c;Distinguishing Liabilities from Equity.&#x201d; Class&#xa0;A ordinary shares subject to mandatory redemption (if any) are classified as liability instruments and are measured at fair value. Conditionally redeemable Class&#xa0;A ordinary shares (including Class&#xa0;A ordinary shares that feature redemption rights that are either within the control of the holder or subject to redemption upon the occurrence of uncertain events not solely within the Company&#x2019;s control) are classified as temporary equity. At all other times, Class&#xa0;A ordinary shares are classified as shareholders&#x2019; equity. The Company&#x2019;s Class&#xa0;A ordinary shares feature certain redemption rights that are considered to be outside of the Company&#x2019;s control and subject to the occurrence of uncertain future events. Accordingly, at March 31, 2021 and December 31, 2020, 29,662,115 and 29,980,468 Class&#xa0;A ordinary shares subject to possible redemption are presented as temporary equity, outside of the shareholders&#x2019; equity section of the Company&#x2019;s balance sheets.</p> 29662115 29980468 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; "><b><i>Income Taxes</i></b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; ">FASB ASC 740 prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more likely than not to be sustained upon examination by taxing authorities. There were no unrecognized tax benefits as of March 31, 2021 and December 31, 2020. The Company&#x2019;s management determined that the Cayman Islands is the Company&#x2019;s only major tax jurisdiction. The Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense. No amounts were accrued for the payment of interest and penalties as of March 31, 2021 and December 31, 2020. The Company is currently not aware of any issues under review that could result in significant payments, accruals or material deviation from its position.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company is considered an exempted Cayman Islands company and is presently not subject to income taxes or income tax filing requirements in the Cayman Islands or the United States. As such, the Company&#x2019;s tax provision was zero for the periods presented. The Company&#x2019;s management does not expect that the total amount of unrecognized tax benefits will materially change over the next twelve&#xa0;months.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; "><b><i>Net Income (Loss) per Ordinary Share</i></b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company complies with accounting and disclosure requirements of ASC Topic 260, &#x201c;Earnings Per Share.&#x201d; Net income (loss) per ordinary share is computed by dividing net income (loss) by the weighted average number of ordinary shares outstanding during the period. The Company has not considered the effect of the warrants sold in the Initial Public Offering and Private Placement to purchase an aggregate of&#xa0;26,150,000 shares of Class&#xa0;A ordinary shares in the calculation of diluted earnings per ordinary share, since their inclusion would be anti-dilutive under the treasury stock method. As a result, diluted loss per ordinary share is the same as basic loss per share for the period presented.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company&#x2019;s statement of operations include a presentation of income per share for ordinary shares subject to redemption in a manner similar to&#xa0;the&#xa0;two-class&#xa0;method&#xa0;of income per share. Net income per share, basic and diluted for Class&#xa0;A ordinary shares is calculated by dividing the investment income earned on the Trust Account of approximately $67,000 for the three months ended March 31, 2021 by the weighted average number of shares of Class&#xa0;A ordinary shares outstanding for the period. Net loss per share, basic and diluted for Class&#xa0;B ordinary shares for the three months ended March 31, 2021 is calculated by dividing the net loss of approximately $3.2 million, less income attributable to Class&#xa0;A ordinary shares, by the weighted average number of shares of Class&#xa0;B ordinary shares outstanding for the period.</p> 26150000 67000 3200000 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; "><b><i>Derivative warrant liabilities</i></b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company does not use derivative instruments to hedge exposures to cash flow, market, or foreign currency risks. The Company evaluates all of its financial instruments, including issued shares purchase warrants, to determine if such instruments are derivatives or contain features that qualify as embedded derivatives, pursuant to ASC 480 and ASC 815-15. The classification of derivative instruments, including whether such instruments should be recorded as liabilities or as equity, is re-assessed at the end of each reporting period.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company accounts for its 26,150,000 warrants issued in connection with its Initial Public Offering (17,250,000) and Private Placement (8,900,000) as derivative warrant liabilities in accordance with ASC 815-40. Accordingly, the Company recognizes the warrant instruments as liabilities at fair value and adjusts the instruments to fair value at each reporting period. The liabilities are subject to re-measurement at each balance sheet date until exercised, and any change in fair value is recognized in the Company&#x2019;s statements of operations. The fair value of warrants issued in connection with the Private Placement has been estimated using Black-Scholes Options Pricing model at each balance sheet date. The fair value of the warrants issued in connection with the Initial Public Offering was initially measured using a Black-Scholes Options Pricing model and subsequently been measured at each measurement date based on the market price of such warrants.</p> 26150000 17250000 8900000 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; "><b><i>Recent Adopted Accounting Standards</i></b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In August 2020, the FASB issued ASU No. 2020-06, Debt&#x2014;Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging&#x2014; Contracts in Entity&#x2019;s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity&#x2019;s Own Equity (&#x201c;ASU 2020-06&#x201d;), which simplifies accounting for convertible instruments by removing major separation models required under current GAAP. The ASU also removes certain settlement conditions that are required for equity-linked contracts to qualify for the derivative scope exception, and it simplifies the diluted earnings per share calculation in certain areas. The Company adopted ASU 2020-06 on January 1, 2021. Adoption of the ASU did not impact the Company&#x2019;s financial position, results of operations or cash flows.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; "><b><i>Recent Issued Accounting Standards</i></b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company&#x2019;s management does not believe that any recently issued, but not yet effective, accounting standards updates, if currently adopted, would have a material effect on the accompanying financial statement.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; "><b>Note 3&#x2014;Initial Public Offering</b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On July 17, 2020, the Company consummated the&#xa0;Initial Public Offering of&#xa0;30,000,000 Units&#xa0;at $10.00 per Unit, generating gross proceeds of&#xa0;$300.0&#xa0;million. On July 24, 2020, the underwriters exercised the over-allotment option in full and purchased an additional 4,500,000 Over-Allotment Units, generating additional gross proceeds of $45.0 million. The Company incurred total offering costs of approximately $19.5 million in underwriting fees (inclusive of approximately $12.1 million in deferred underwriting fees).</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Each Unit consists of one Class&#xa0;A ordinary share, par value $0.0001 and one-half&#xa0;of one redeemable warrant. Each whole Public Warrant entitles the holder to purchase one Class&#xa0;A ordinary share at a price of $11.50 per share, subject to adjustment (see Note&#xa0;6).</p><br/> 300000000 4500000 45000000 19500000 12100000 Each Unit consists of one Class A ordinary share, par value $0.0001 and one-half of one redeemable warrant. <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; "><b>Note 4&#x2014;Related Party Transactions</b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Founder Shares</i></b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On May 14, 2020, the Sponsor paid $25,000, or approximately $0.003 per share, to cover certain offering costs in consideration for 7,187,500 Class&#xa0;B ordinary shares, par value $0.0001 (the &#x201c;Founder Shares&#x201d;). On June&#xa0;25, 2020, the Sponsor transferred 15,000 Founder Shares to Robert Kirby and 25,000 Founder Shares to each of Michael Kives, Fred Langhammer and Terry Lundgren, resulting in the Sponsor holding 7,097,500 Founder Shares. On July&#xa0;14, 2020, the Company effected a share capitalization of 1,437,500 Founder Shares resulting in 8,625,000 Class B ordinary shares outstanding, of which the Sponsor now holds 8,535,000 Founder Shares. All shares and the associated amounts have been retroactively restated to reflect the share capitalization. Of the 8,625,000 Founder Shares outstanding, up to 1,125,000 Founder Shares were subject to forfeiture to the extent that the over-allotment&#xa0;option was not exercised in full by the underwriters, so that the Founder Shares will represent 20.0% of the Company&#x2019;s issued and outstanding shares after the Initial Public Offering. The underwriters exercised their over-allotment option in full on July 24, 2020. As a result, these shares were no longer subject to forfeiture.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The initial shareholders agreed, subject to limited exceptions, not to transfer, assign or sell any of their Founder Shares and any Class A ordinary shares issuable upon conversion thereof until the earlier to occur of: (i)&#xa0;one year after the completion of the initial Business Combination, or (ii)&#xa0;the date on which the Company completes a liquidation, merger, share exchange or other similar transaction after the initial Business Combination that results in all of the Company&#x2019;s shareholders having the right to exchange their Class&#xa0;A ordinary shares for cash, securities or other property; except to certain permitted transferees and under certain circumstances (the &#x201c;lock-up&#x201d;). Notwithstanding the foregoing, if (1)&#xa0;the closing price of Class&#xa0;A ordinary shares equals or exceeds $12.00 per share (as adjusted for share sub-divisions, share capitalizations, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading&#xa0;day period commencing at least 150&#xa0;days after the initial Business Combination or (2)&#xa0;if the Company consummates a transaction after the initial Business Combination which results in the Company&#x2019;s shareholders having the right to exchange their shares for cash, securities or other property, the Founder Shares will be released from the lock-up.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Private Placement Warrants</i></b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On July 17, 2020, simultaneously with the closing of the Initial Public Offering, the Company consummated the Private Placement of&#xa0;8,000,000 Private Placement Warrants to the Sponsor, each exercisable to purchase one Class&#xa0;A ordinary share at $11.50 per share, at a price of $1.00 per Private Placement Warrant, generating gross proceeds to the Company of $8.0 million, and incurring offering costs of approximately $16,000.&#xa0; On July 24, 2020, simultaneously with the sale of the Over-Allotment Units, the Company consummated a private sale of an additional 900,000 Private Placement Warrants to the Sponsor, generating additional gross proceeds of $900,000.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Each warrant is exercisable to purchase one Class&#xa0;A ordinary share at $11.50 per share. A portion of the proceeds from the Private Placement Warrants were added to the proceeds from the Initial Public Offering held in the Trust Accounts. If the Company does not complete a Business Combination within the Combination Period, the Private Placement Warrants will expire worthless.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Sponsor and the Company&#x2019;s officers and directors agreed, subject to limited exceptions, not to transfer, assign or sell any of their Private Placement Warrants until 30&#xa0;days after the completion of the initial Business Combination.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Sponsor Loan</i></b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On May 14, 2020, the Sponsor agreed to loan the Company up to $300,000 to cover expenses related to the Initial Public Offering pursuant to a promissory note (the &#x201c;Note&#x201d;). The Company borrowed approximately $127,000 under the Note and fully repaid this Note on July 17, 2020.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Working Capital Loans</i></b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In addition, in order to finance transaction costs in connection with a Business Combination, the Sponsor or an affiliate of the Sponsor, or certain of the Company&#x2019;s officers and directors may, but are not obligated to, loan the Company funds as may be required (&#x201c;Working Capital Loans&#x201d;). If the Company completes a Business Combination, the Company would repay the Working Capital Loans. In the event that a Business Combination does not close, the Company may use a portion of proceeds held outside the Trust Accounts to repay the Working Capital Loans but no proceeds held in the Trust Accounts would be used to repay the Working Capital Loans. Except for the foregoing, the terms of such Working Capital Loans, if any, have not been determined and no written agreements exist with respect to such loans. The Working Capital Loans would either be repaid upon consummation of a Business Combination or, at the lender&#x2019;s discretion, up to $1.5&#xa0;million of such Working Capital Loans may be convertible into private placement warrants at a price of $1.00 per warrant. As of March 31, 2021 and December 31, 2020, the Company had no Working Capital Loans outstanding.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Administrative Services Agreement</i></b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Commencing on the date of the final prospectus, the Company has agreed to pay the Sponsor a total of $10,000 per month for office space, utilities, secretarial and administrative support services. Upon completion of the Initial Business Combination or the Company&#x2019;s liquidation, the Company will cease paying these monthly fees. For the three months ended March 31, 2021, the Company incurred and paid approximately $30,000 in such administrative fees.</p><br/> 25000 0.003 7187500 0.0001 15000 25000 25000 25000 7097500 the Company effected a share capitalization of 1,437,500 Founder Shares resulting in 8,625,000 Class B ordinary shares outstanding, of which the Sponsor now holds 8,535,000 Founder Shares. All shares and the associated amounts have been retroactively restated to reflect the share capitalization. Of the 8,625,000 Founder Shares outstanding, up to 1,125,000 Founder Shares were subject to forfeiture to the extent that the over-allotment option was not exercised in full by the underwriters, so that the Founder Shares will represent 20.0% of the Company&#x2019;s issued and outstanding shares after the Initial Public Offering. The underwriters exercised their over-allotment option in full on July 24, 2020. As a result, these shares were no longer subject to forfeiture. (1) the closing price of Class A ordinary shares equals or exceeds $12.00 per share (as adjusted for share sub-divisions, share capitalizations, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the initial Business Combination or (2) if the Company consummates a transaction after the initial Business Combination which results in the Company&#x2019;s shareholders having the right to exchange their shares for cash, securities or other property, the Founder Shares will be released from the lock-up. 8000000 11.50 1.00 8000000 16000 900000 900000 11.50 300000 127000 1500000 1.00 10000 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; "><b>Note 5&#x2014;Commitments&#xa0;and Contingencies</b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Registration Rights</i></b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The holders of Founder Shares, Private Placement Warrants, and securities that may be issued upon conversion of Working Capital Loans, if any, will be entitled to registration rights pursuant to a registration rights agreement dated as of July 14, 2020. These holders are entitled to certain demand and &#x201c;piggyback&#x201d; registration rights. However, the registration rights agreement provides that the Company will not permit any registration statement filed under the Securities Act to become effective until the termination of the applicable lock-up period for the securities to be registered. The Company will bear the expenses incurred in connection with the filing of any such registration statements.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Underwriting Agreement</i></b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Company granted the underwriters a 45-day option from the final prospectus relating to the Initial Public Offering to purchase up to 4,500,000 additional Units to cover over-allotments, if any, at the Initial Public Offering price less the underwriting discounts and commissions. The underwriters exercised their over-allotment option in full on July 24, 2020.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The underwriters were paid a cash underwriting discount of $0.20 per unit, or $6.9 million in the aggregate, paid upon the closing of the Initial Public Offering. In addition, $0.35 per unit, or approximately $12.1 million in the aggregate, will be payable to the underwriters for deferred underwriting commissions. The deferred fee will become payable to the underwriters from the amounts held in the Trust Account solely in the event that the Company completes a Business Combination, subject to the terms of the underwriting agreement.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Risks and Uncertainties</i></b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Management continues to evaluate the impact of the COVID-19 pandemic and has concluded that the specific impact is not readily determinable as of the date of the financial statements. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.</p><br/> 4500000 The underwriters were paid a cash underwriting discount of $0.20 per unit, or $6.9 million in the aggregate, paid upon the closing of the Initial Public Offering. In addition, $0.35 per unit, or approximately $12.1 million in the aggregate, will be payable to the underwriters for deferred underwriting commissions. <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; "><b>Note 6&#x2014;Derivative Warrant Liabilities</b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Public Warrants will become exercisable at $11.50 per share on the later of (a)&#xa0;30&#xa0;days after the completion of a Business Combination or (b)&#xa0;12&#xa0;months from the closing of the Initial Public Offering; provided in each case that the Company has an effective registration statement under the Securities Act covering the Class&#xa0;A ordinary shares issuable upon exercise of the warrants and a current prospectus relating to them is available and such shares are registered, qualified or exempt from registration under the securities, or blue sky, laws of the state of residence of the holder (or the Company permits holders to exercise their warrants on a cashless basis under the circumstances specified in the warrant agreement). If and when the warrants become redeemable by the Company, the Company may exercise its redemption right even if it is unable to register or qualify the underlying securities for sale under all applicable state securities laws. The Company is not registering the Class&#xa0;A ordinary shares issuable upon exercise of the warrants at this time. The Company has agreed that as soon as practicable, but in no event later than 15 business days after the closing of the initial Business Combination, the Company will use its best efforts to file with the SEC and have an effective registration statement covering the Class&#xa0;A ordinary shares issuable upon exercise of the warrants and to maintain a current prospectus relating to those Class&#xa0;A ordinary shares until the warrants expire or are redeemed, as specified in the warrant agreement. If a registration statement covering the Class&#xa0;A ordinary shares issuable upon exercise of the warrants is not effective by the 60<sup>th</sup>&#xa0;business day after the closing of the initial Business Combination, warrant holders may, until such time as there is an effective registration statement and during any period when the Company will have failed to maintain an effective registration statement, exercise warrants on a &#x201c;cashless basis&#x201d; in accordance with Section&#xa0;3(a)(9) of the Securities Act or another exemption. Notwithstanding the above, if the Company&#x2019;s Class&#xa0;A ordinary shares are at the time of any exercise of a warrant not listed on a national securities exchange such that they satisfy the definition of a &#x201c;covered security&#x201d; under Section&#xa0;18(b)(1) of the Securities Act, the Company may, at its option, require holders of Public Warrants who exercise their warrants to do so on a &#x201c;cashless basis&#x201d; in accordance with Section&#xa0;3(a)(9) of the Securities Act and, in the event the Company so elects, the Company will not be required to file or maintain in effect a registration statement, and in the event the Company does not so elect, the Company will use its best efforts to register or qualify the shares under applicable blue sky laws to the extent an exemption is not available.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The warrants will expire five years after the completion of a Business Combination or earlier upon redemption or liquidation.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">If (x)&#xa0;the Company issues additional Class&#xa0;A ordinary shares or equity-linked&#xa0;securities for capital raising purposes in connection with the closing of its initial Business Combination at an issue price or effective issue price of less than $9.20 per Class&#xa0;A ordinary share (with such issue price or effective issue price to be determined in good faith by the Company&#x2019;s board of directors and, in the case of any such issuance to the initial shareholders or their affiliates, without taking into account any Founder Shares held by the initial shareholders or such affiliates, as applicable, prior to such issuance) (the &#x201c;Newly Issued Price&#x201d;), (y)&#xa0;the aggregate gross proceeds from such issuances represent more than 60% of the total equity proceeds, and interest thereon, available for the funding of the initial Business Combination on the date of the consummation of our initial business combination (net of redemptions), and (z)&#xa0;the volume weighted average trading price of the Class&#xa0;A ordinary shares during the 10 trading day period starting on the trading day prior to the day on which the Company consummates the initial Business Combination (such price, the &#x201c;Market Value&#x201d;) is below $9.20 per share, the exercise price of the Warrants will be adjusted (to the nearest cent) to be equal to 115% of the higher of the Market Value and the Newly Issued Price, and the $18.00 per share redemption trigger prices described below under &#x201c;Redemption of Warrants when the price per Class A ordinary share equals or exceeds $18.00&#x201d; will be adjusted (to the nearest cent) to be equal to 180% of the higher of the Market Value and the Newly Issued Price, and the $10.00 per share redemption trigger price described below under &#x201c;Redemption of Warrants when the price per Class A ordinary share equals or exceeds $10.00&#x201d; will be adjusted (to the nearest cent) to be equal to the higher of the Market Value and the Newly Issued Price.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Private Placement Warrants are identical to the Public Warrants underlying the Units sold in the Initial Public Offering, except that the Private Placement Warrants and the ordinary shares issuable upon exercise of the Private Placement Warrants, so long as they are held by the Sponsor or its permitted transferees, (i)&#xa0;will not be redeemable by the Company, (ii)&#xa0;may not (including the Class&#xa0;A ordinary shares issuable upon exercise of these warrants), subject to certain limited exceptions, be transferred, assigned or sold by the holders until 30&#xa0;days after the completion of the initial Business Combination, (iii)&#xa0;may be exercised by the holders on a cashless basis and (iv)&#xa0;will be entitled to registration rights. If the Private Placement Warrants are held by holders other than the Sponsor or its permitted transferees, the Private Placement Warrants will be redeemable by the Company and exercisable by the holders on the same basis as the Public Warrants.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i>Redemption of Warrants when the price per Class A ordinary share equals or exceeds $18.00.</i> The Company may call the Public Warrants for redemption:</p><br/><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0.25in"></td><td style="width: 0.25in; text-align: left"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#x25cf;</font></td><td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">in whole and not in part;</font></td> </tr></table><br/><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0.25in"></td><td style="width: 0.25in; text-align: left"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#x25cf;</font></td><td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">at a price of $0.01 per warrant;</font></td> </tr></table><br/><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0.25in"></td><td style="width: 0.25in; text-align: left"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#x25cf;</font></td><td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">upon a minimum of 30&#xa0;days&#x2019; prior written notice of redemption; and</font></td> </tr></table><br/><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0.25in"></td><td style="width: 0.25in; text-align: left"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#x25cf;</font></td><td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">if, and only if, the last reported sale price of the Class&#xa0;A ordinary shares equals or exceeds $18.00 per share (as adjusted) for any 20 trading days within a 30-trading&#xa0;day period ending on the third trading day prior to the date on which the Company sends the notice of redemption to the warrant holders.</font></td> </tr></table><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In no event will the Company be required to net cash settle any Warrants.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i>Redemption of Warrants when the price per Class A ordinary share equals or exceeds $10.00</i>. The Company may also redeem the outstanding Public Warrants once they become exercisable:</p><br/><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0.25in"></td><td style="width: 0.25in; text-align: left"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#x25cf;</font></td><td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">in whole and not in part;</font></td> </tr></table><br/><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0.25in"></td><td style="width: 0.25in; text-align: left"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#x25cf;</font></td><td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">at a price of $0.10 per warrant;</font></td> </tr></table><br/><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0.25in"></td><td style="width: 0.25in; text-align: left"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#x25cf;</font></td><td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">upon a minimum of 30 days&#x2019; prior written notice of redemption;&#xa0;<i>provided</i>&#xa0;that holders will be able to exercise their warrants on a cashless basis prior to redemption and receive that number of shares based on the redemption date and the &#x201c;fair market value&#x201d; of the Company&#x2019;s Class A ordinary shares; and</font></td> </tr></table><br/><table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><tr style="vertical-align: top; text-align: justify"> <td style="width: 0.25in"></td><td style="width: 0.25in; text-align: left"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">&#x25cf;</font></td><td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif; font-size: 10pt">if, and only if, the last reported sale price of the Class A ordinary shares equals or exceeds $10.00 per share (as adjusted) for any 20 trading days within a 30-trading&#xa0;day period ending three trading days before the Company sends the notice of redemption to the warrant holders.</font></td> </tr></table><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">If the Company is unable to complete the Initial Business Combination within the combination period and the Company liquidates the funds held in the Trust Account, holders of warrants will not receive any of such funds with respect to their warrants, nor will they receive any distribution from the Company&#x2019;s assets held outside of the Trust Account with the respect to such warrants. Accordingly, the warrants may expire worthless.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As of March 31, 2021 and December 31, 2020, there were 26,150,000 warrants outstanding.</p><br/> 11.50 P5Y If (x) the Company issues additional Class A ordinary shares or equity-linked securities for capital raising purposes in connection with the closing of its initial Business Combination at an issue price or effective issue price of less than $9.20 per Class A ordinary share (with such issue price or effective issue price to be determined in good faith by the Company&#x2019;s board of directors and, in the case of any such issuance to the initial shareholders or their affiliates, without taking into account any Founder Shares held by the initial shareholders or such affiliates, as applicable, prior to such issuance) (the &#x201c;Newly Issued Price&#x201d;), (y) the aggregate gross proceeds from such issuances represent more than 60% of the total equity proceeds, and interest thereon, available for the funding of the initial Business Combination on the date of the consummation of our initial business combination (net of redemptions), and (z) the volume weighted average trading price of the Class A ordinary shares during the 10 trading day period starting on the trading day prior to the day on which the Company consummates the initial Business Combination (such price, the &#x201c;Market Value&#x201d;) is below $9.20 per share, the exercise price of the Warrants will be adjusted (to the nearest cent) to be equal to 115% of the higher of the Market Value and the Newly Issued Price, and the $18.00 per share redemption trigger prices described below under &#x201c;Redemption of Warrants when the price per Class A ordinary share equals or exceeds $18.00&#x201d; will be adjusted (to the nearest cent) to be equal to 180% of the higher of the Market Value and the Newly Issued Price, and the $10.00 per share redemption trigger price described below under &#x201c;Redemption of Warrants when the price per Class A ordinary share equals or exceeds $10.00&#x201d; will be adjusted (to the nearest cent) to be equal to the higher of the Market Value and the Newly Issued Price. Redemption of Warrants when the price per Class A ordinary share equals or exceeds $18.00. The Company may call the Public Warrants for redemption: &#x25cf;in whole and not in part; &#x25cf;at a price of $0.01 per warrant; &#x25cf;upon a minimum of 30 days&#x2019; prior written notice of redemption; and &#x25cf;if, and only if, the last reported sale price of the Class A ordinary shares equals or exceeds $18.00 per share (as adjusted) for any 20 trading days within a 30-trading day period ending on the third trading day prior to the date on which the Company sends the notice of redemption to the warrant holders. Redemption of Warrants when the price per Class A ordinary share equals or exceeds $10.00. The Company may also redeem the outstanding Public Warrants once they become exercisable: &#x25cf;in whole and not in part; &#x25cf;at a price of $0.10 per warrant; &#x25cf;upon a minimum of 30 days&#x2019; prior written notice of redemption; provided that holders will be able to exercise their warrants on a cashless basis prior to redemption and receive that number of shares based on the redemption date and the &#x201c;fair market value&#x201d; of the Company&#x2019;s Class A ordinary shares; and &#x25cf;if, and only if, the last reported sale price of the Class A ordinary shares equals or exceeds $10.00 per share (as adjusted) for any 20 trading days within a 30-trading day period ending three trading days before the Company sends the notice of redemption to the warrant holders. 26150000 26150000 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; "><b>Note 7&#x2014;Shareholders&#x2019; Equity</b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Class&#xa0;A Ordinary Shares</i></b>&#x2014;The Company is authorized to issue 200,000,000 Class&#xa0;A ordinary shares with a par value of $0.0001 per share. At March 31, 2021 and December 31, 2020, there were 34,500,000 Class&#xa0;A ordinary shares issued or outstanding, including 29,662,115 and 29,980,468 Class&#xa0;A ordinary shares subject to possible redemption, respectively.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Class&#xa0;B Ordinary Shares</i></b>&#x2014;The Company is authorized to issue 20,000,000 Class&#xa0;B ordinary shares with a par value of $0.0001 per share. Holders are entitled to one vote for each share of Class&#xa0;B ordinary shares. On May 14, 2020, the Company issued 7,187,500 Class&#xa0;B ordinary shares. On July&#xa0;14, 2020, the Company effected a share capitalization of 1,437,500 Founder Shares resulting in 8,625,000 Class B ordinary shares outstanding. All shares and the associated amounts have been retroactively restated to reflect the share capitalization. Of the 8,625,000 Class&#xa0;B ordinary shares, an aggregate of up to 1,125,000&#xa0;shares were subject to forfeiture to the Company for no consideration to the extent that the underwriters&#x2019; over-allotment&#xa0;option is not exercised in full or in part, so that the initial shareholders would collectively own 20% of the Company&#x2019;s issued and outstanding ordinary shares after the Initial Public Offering. The underwriters exercised their over-allotment option in full on July 24, 2020. As a result, these shares were no longer subject to forfeiture.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Holders of the Class&#xa0;A ordinary shares and holders of the Class&#xa0;B ordinary shares will vote together as a single class on all matters submitted to a vote of the Company&#x2019;s shareholders, except as required by law or stock exchange rule; provided that only holders of the Class&#xa0;B ordinary shares have the right to appoint directors in any election held prior to or in connection with the completion of the initial Business Combination.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Class&#xa0;B ordinary shares will automatically convert into Class&#xa0;A ordinary shares at the time of the Initial Business Combination on a one-for-one&#xa0;basis (as adjusted). In the case that additional Class&#xa0;A ordinary shares or equity-linked&#xa0;securities are issued or deemed issued in connection with the initial Business Combination, the number of Class&#xa0;A ordinary shares issuable upon conversion of all Founder Shares will equal, in the aggregate, 20% of the total number of Class&#xa0;A ordinary shares outstanding after such conversion (after giving effect to any redemptions of Class&#xa0;A ordinary shares by public shareholders), including the total number of Class&#xa0;A ordinary shares issued, or deemed issued or issuable upon conversion or exercise of any equity-linked&#xa0;securities or rights issued or deemed issued, by the Company in connection with or in relation to the consummation of the initial Business Combination, excluding any Class&#xa0;A ordinary shares or equity-linked&#xa0;securities exercisable for or convertible into Class&#xa0;A ordinary shares issued, or to be issued, to any seller in the initial Business Combination and any private placement warrants issued to the Sponsor, officers or directors upon conversion of Working Capital Loans; provided that such conversion of Founder Shares will never occur on a less than one-for-one&#xa0;basis.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Preference Shares</i></b>&#x2014;The Company is authorized to issue 1,000,000 preference shares with such designations, voting and other rights and preferences as may be determined from time to time by the Company&#x2019;s board of directors. As of March 31, 2021 and December 31, 2020, there were no preference shares issued or outstanding.</p><br/> 7187500 1437500 8625000 8625000 1125000 0.20 0.20 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; "><b>Note 8&#x2014;Fair Value Measurements</b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The following table presents information about the Company&#x2019;s assets that are measured at fair value on a recurring basis as of March 31, 2021 and December 31, 2020 and indicates the fair value hierarchy of the valuation techniques that the Company utilized to determine such fair value.</p><br/><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td>&#xa0;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#xa0;</td> <td colspan="14" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Fair Value Measured as of March 31, 2021</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#xa0;</td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold; text-align: center">&#xa0;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#xa0;</td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Level 1</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#xa0;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#xa0;</td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Level 2</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#xa0;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#xa0;</td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Level 3</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#xa0;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#xa0;</td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Total</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#xa0;</td></tr> <tr style="vertical-align: bottom"> <td>Assets</td><td>&#xa0;</td> <td colspan="2">&#xa0;</td><td>&#xa0;</td><td>&#xa0;</td> <td colspan="2">&#xa0;</td><td>&#xa0;</td><td>&#xa0;</td> <td colspan="2">&#xa0;</td><td>&#xa0;</td><td>&#xa0;</td> <td colspan="2">&#xa0;</td><td>&#xa0;</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0.125in; width: 52%; text-align: left">Investments held in Trust Account - U.S. Treasury Securities</td><td style="width: 1%">&#xa0;</td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">345,258,401</td><td style="width: 1%; text-align: left">&#xa0;</td><td style="width: 1%">&#xa0;</td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">-</td><td style="width: 1%; text-align: left">&#xa0;</td><td style="width: 1%">&#xa0;</td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">-</td><td style="width: 1%; text-align: left">&#xa0;</td><td style="width: 1%">&#xa0;</td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">345,258,401</td><td style="width: 1%; text-align: left">&#xa0;</td></tr> <tr style="vertical-align: bottom; "> <td>Liabilities:</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">&#xa0;</td><td style="text-align: left">&#xa0;</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">&#xa0;</td><td style="text-align: left">&#xa0;</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">&#xa0;</td><td style="text-align: left">&#xa0;</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">&#xa0;</td><td style="text-align: left">&#xa0;</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0.125in; text-align: left">Warrant liabilities - public warrants</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">19,837,500</td><td style="text-align: left">&#xa0;</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">-</td><td style="text-align: left">&#xa0;</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">-</td><td style="text-align: left">&#xa0;</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">19,837,500</td><td style="text-align: left">&#xa0;</td></tr> <tr style="vertical-align: bottom; "> <td style="padding-left: 0.125in; text-align: left">Warrant liabilities - private warrants</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">-</td><td style="text-align: left">&#xa0;</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">-</td><td style="text-align: left">&#xa0;</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">11,303,000</td><td style="text-align: left">&#xa0;</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">11,303,000</td><td style="text-align: left">&#xa0;</td></tr> </table><br/><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td>&#xa0;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#xa0;</td> <td colspan="14" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Fair Value Measured as of December 31, 2020</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#xa0;</td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold; text-align: center">&#xa0;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#xa0;</td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Level 1</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#xa0;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#xa0;</td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Level 2</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#xa0;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#xa0;</td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Level 3</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#xa0;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#xa0;</td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Total</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#xa0;</td></tr> <tr style="vertical-align: bottom"> <td>Assets</td><td>&#xa0;</td> <td colspan="2">&#xa0;</td><td>&#xa0;</td><td>&#xa0;</td> <td colspan="2">&#xa0;</td><td>&#xa0;</td><td>&#xa0;</td> <td colspan="2">&#xa0;</td><td>&#xa0;</td><td>&#xa0;</td> <td colspan="2">&#xa0;</td><td>&#xa0;</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0.125in; width: 52%; text-align: left">Investments held in Trust Account - U.S. Treasury Securities</td><td style="width: 1%">&#xa0;</td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">345,191,130</td><td style="width: 1%; text-align: left">&#xa0;</td><td style="width: 1%">&#xa0;</td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">-</td><td style="width: 1%; text-align: left">&#xa0;</td><td style="width: 1%">&#xa0;</td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">-</td><td style="width: 1%; text-align: left">&#xa0;</td><td style="width: 1%">&#xa0;</td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">345,191,130</td><td style="width: 1%; text-align: left">&#xa0;</td></tr> <tr style="vertical-align: bottom; "> <td>Liabilities:</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">&#xa0;</td><td style="text-align: left">&#xa0;</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">&#xa0;</td><td style="text-align: left">&#xa0;</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">&#xa0;</td><td style="text-align: left">&#xa0;</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">&#xa0;</td><td style="text-align: left">&#xa0;</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0.125in; text-align: left">Warrant liabilities - public warrants</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">18,112,500</td><td style="text-align: left">&#xa0;</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">-</td><td style="text-align: left">&#xa0;</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">-</td><td style="text-align: left">&#xa0;</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">18,112,500</td><td style="text-align: left">&#xa0;</td></tr> <tr style="vertical-align: bottom; "> <td style="padding-left: 0.125in; text-align: left">Warrant liabilities - private warrants</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">-</td><td style="text-align: left">&#xa0;</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">-</td><td style="text-align: left">&#xa0;</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">11,303,000</td><td style="text-align: left">&#xa0;</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">11,303,000</td><td style="text-align: left">&#xa0;</td></tr> </table><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Transfers to/from Levels 1, 2, and 3 are recognized at the end of the reporting period. There were no transfers between levels for three months ended March 31, 2021.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The fair value of warrants issued in connection with the Private Placement has been estimated using Black-Scholes Options Pricing model at each balance sheet date. The fair value of the warrants issued in connection with the Initial Public Offering was initially measured using a Black-Scholes Options Pricing model and subsequently been measured based on the market price of such warrants at each measurement date when separately listed and traded. For the three months ended March 31, 2021, the Company recognized a charge to the statements of operations resulting from an increase in the fair value of liabilities of approximately $1.7 million presented as change in fair value of derivative warrant liabilities on the accompanying statement of operations.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">There is no change in the fair value of the Level 3 derivative warrant liabilities during the three months ended March 31, 2021.&#xa0;</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The estimated fair value of the derivative warrant liabilities of the private warrants is determined using Level 3 inputs. Inherent in a Black-Scholes Options Pricing model are assumptions related to expected stock-price volatility, expected life, risk-free interest rate and dividend yield. The Company estimates the volatility of its ordinary shares based on historical volatility of select peer companies that matches the expected remaining life of the warrants. The risk-free interest rate is based on the U.S. Treasury zero-coupon yield curve on the grant date for a maturity similar to the expected remaining life of the warrants. The expected life of the warrants is assumed to be equivalent to their remaining contractual term. The dividend rate is based on the historical rate, which the Company anticipates remaining at zero.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The following table provides quantitative information regarding Level 3 fair value measurements inputs:</p><br/><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="text-align: center">&#xa0;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#xa0;</td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">March 31, <br/> 2021</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#xa0;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#xa0;</td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">As of December&#xa0;31,<br/> 2020</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#xa0;</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 76%">Exercise price</td><td style="width: 1%">&#xa0;</td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">11.50</td><td style="width: 1%; text-align: left">&#xa0;</td><td style="width: 1%">&#xa0;</td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">11.50</td><td style="width: 1%; text-align: left">&#xa0;</td></tr> <tr style="vertical-align: bottom; "> <td>Stock Price</td><td>&#xa0;</td> <td style="text-align: left">$</td><td style="text-align: right">9.94</td><td style="text-align: left">&#xa0;</td><td>&#xa0;</td> <td style="text-align: left">$</td><td style="text-align: right">10.16</td><td style="text-align: left">&#xa0;</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Term (in years)</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">5.50</td><td style="text-align: left">&#xa0;</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">5.50</td><td style="text-align: left">&#xa0;</td></tr> <tr style="vertical-align: bottom; "> <td>Volatility</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">23.50</td><td style="text-align: left">%</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">23.5</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Risk-free interest rate</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">1.00</td><td style="text-align: left">%</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">0.5</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left">Dividend yield</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">0.00</td><td style="text-align: left">%</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">0.00</td><td style="text-align: left">%</td></tr> </table><br/> 1700000 <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td>&#xa0;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#xa0;</td> <td colspan="14" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Fair Value Measured as of March 31, 2021</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#xa0;</td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold; text-align: center">&#xa0;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#xa0;</td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Level 1</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#xa0;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#xa0;</td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Level 2</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#xa0;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#xa0;</td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Level 3</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#xa0;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#xa0;</td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Total</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#xa0;</td></tr> <tr style="vertical-align: bottom"> <td>Assets</td><td>&#xa0;</td> <td colspan="2">&#xa0;</td><td>&#xa0;</td><td>&#xa0;</td> <td colspan="2">&#xa0;</td><td>&#xa0;</td><td>&#xa0;</td> <td colspan="2">&#xa0;</td><td>&#xa0;</td><td>&#xa0;</td> <td colspan="2">&#xa0;</td><td>&#xa0;</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0.125in; width: 52%; text-align: left">Investments held in Trust Account - U.S. Treasury Securities</td><td style="width: 1%">&#xa0;</td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">345,258,401</td><td style="width: 1%; text-align: left">&#xa0;</td><td style="width: 1%">&#xa0;</td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">-</td><td style="width: 1%; text-align: left">&#xa0;</td><td style="width: 1%">&#xa0;</td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">-</td><td style="width: 1%; text-align: left">&#xa0;</td><td style="width: 1%">&#xa0;</td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">345,258,401</td><td style="width: 1%; text-align: left">&#xa0;</td></tr> <tr style="vertical-align: bottom; "> <td>Liabilities:</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">&#xa0;</td><td style="text-align: left">&#xa0;</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">&#xa0;</td><td style="text-align: left">&#xa0;</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">&#xa0;</td><td style="text-align: left">&#xa0;</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">&#xa0;</td><td style="text-align: left">&#xa0;</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0.125in; text-align: left">Warrant liabilities - public warrants</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">19,837,500</td><td style="text-align: left">&#xa0;</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">-</td><td style="text-align: left">&#xa0;</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">-</td><td style="text-align: left">&#xa0;</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">19,837,500</td><td style="text-align: left">&#xa0;</td></tr> <tr style="vertical-align: bottom; "> <td style="padding-left: 0.125in; text-align: left">Warrant liabilities - private warrants</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">-</td><td style="text-align: left">&#xa0;</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">-</td><td style="text-align: left">&#xa0;</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">11,303,000</td><td style="text-align: left">&#xa0;</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">11,303,000</td><td style="text-align: left">&#xa0;</td></tr> </table><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td>&#xa0;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#xa0;</td> <td colspan="14" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Fair Value Measured as of December 31, 2020</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#xa0;</td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold; text-align: center">&#xa0;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#xa0;</td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Level 1</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#xa0;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#xa0;</td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Level 2</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#xa0;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#xa0;</td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Level 3</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#xa0;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#xa0;</td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Total</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#xa0;</td></tr> <tr style="vertical-align: bottom"> <td>Assets</td><td>&#xa0;</td> <td colspan="2">&#xa0;</td><td>&#xa0;</td><td>&#xa0;</td> <td colspan="2">&#xa0;</td><td>&#xa0;</td><td>&#xa0;</td> <td colspan="2">&#xa0;</td><td>&#xa0;</td><td>&#xa0;</td> <td colspan="2">&#xa0;</td><td>&#xa0;</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0.125in; width: 52%; text-align: left">Investments held in Trust Account - U.S. Treasury Securities</td><td style="width: 1%">&#xa0;</td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">345,191,130</td><td style="width: 1%; text-align: left">&#xa0;</td><td style="width: 1%">&#xa0;</td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">-</td><td style="width: 1%; text-align: left">&#xa0;</td><td style="width: 1%">&#xa0;</td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">-</td><td style="width: 1%; text-align: left">&#xa0;</td><td style="width: 1%">&#xa0;</td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">345,191,130</td><td style="width: 1%; text-align: left">&#xa0;</td></tr> <tr style="vertical-align: bottom; "> <td>Liabilities:</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">&#xa0;</td><td style="text-align: left">&#xa0;</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">&#xa0;</td><td style="text-align: left">&#xa0;</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">&#xa0;</td><td style="text-align: left">&#xa0;</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">&#xa0;</td><td style="text-align: left">&#xa0;</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0.125in; text-align: left">Warrant liabilities - public warrants</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">18,112,500</td><td style="text-align: left">&#xa0;</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">-</td><td style="text-align: left">&#xa0;</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">-</td><td style="text-align: left">&#xa0;</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">18,112,500</td><td style="text-align: left">&#xa0;</td></tr> <tr style="vertical-align: bottom; "> <td style="padding-left: 0.125in; text-align: left">Warrant liabilities - private warrants</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">-</td><td style="text-align: left">&#xa0;</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">-</td><td style="text-align: left">&#xa0;</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">11,303,000</td><td style="text-align: left">&#xa0;</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">11,303,000</td><td style="text-align: left">&#xa0;</td></tr> </table> 345258401 19837500 19837500 11303000 11303000 345191130 18112500 18112500 11303000 11303000 <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="text-align: center">&#xa0;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#xa0;</td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">March 31, <br/> 2021</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#xa0;</td><td style="font-weight: bold; padding-bottom: 1.5pt">&#xa0;</td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">As of December&#xa0;31,<br/> 2020</td><td style="padding-bottom: 1.5pt; font-weight: bold">&#xa0;</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 76%">Exercise price</td><td style="width: 1%">&#xa0;</td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">11.50</td><td style="width: 1%; text-align: left">&#xa0;</td><td style="width: 1%">&#xa0;</td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">11.50</td><td style="width: 1%; text-align: left">&#xa0;</td></tr> <tr style="vertical-align: bottom; "> <td>Stock Price</td><td>&#xa0;</td> <td style="text-align: left">$</td><td style="text-align: right">9.94</td><td style="text-align: left">&#xa0;</td><td>&#xa0;</td> <td style="text-align: left">$</td><td style="text-align: right">10.16</td><td style="text-align: left">&#xa0;</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Term (in years)</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">5.50</td><td style="text-align: left">&#xa0;</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">5.50</td><td style="text-align: left">&#xa0;</td></tr> <tr style="vertical-align: bottom; "> <td>Volatility</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">23.50</td><td style="text-align: left">%</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">23.5</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Risk-free interest rate</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">1.00</td><td style="text-align: left">%</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">0.5</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left">Dividend yield</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">0.00</td><td style="text-align: left">%</td><td>&#xa0;</td> <td style="text-align: left">&#xa0;</td><td style="text-align: right">0.00</td><td style="text-align: left">%</td></tr> </table> 11.50 11.50 9.94 10.16 P5Y6M P5Y6M 0.2350 0.235 0.0100 0.005 0.0000 0.0000 <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; "><b>Note 9&#x2014;Subsequent Events</b></p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On April 15, 2021, the Company entered into an agreement and plan of merger, by and among the Company, Snowball Merger Sub, Inc., a Delaware corporation and a direct, wholly-owned subsidiary of the Company, Vicarious Surgical Inc. (&#x201c;Vicarious Surgical&#x201d;), and Adam Sachs, in his capacity as the stockholder representative (as it may be amended and/or restated from time to time).</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">There is no assurance that the Company&#x2019;s plans to consummate its Initial Business Combination with Vicarious Surgical.</p><br/><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Management has evaluated subsequent events to determine if events or transactions occurring through the date the financial statements were issued required potential adjustment to or disclosure in the financial statements and has concluded that all such events that would require recognition or disclosure have been recognized or disclosed.</p><br/> EX-101.SCH 7 deh-20210331.xsd XBRL SCHEMA FILE 001 - Statement - Condensed Balance Sheets link:presentationLink link:definitionLink link:calculationLink 002 - Statement - Condensed Balance Sheets (Parentheticals) link:presentationLink link:definitionLink link:calculationLink 003 - Statement - Unaudited Condensed Statement of Operations link:presentationLink link:definitionLink link:calculationLink 004 - Statement - Unaudited Condensed Statement of Changes in Shareholders' Equity link:presentationLink link:definitionLink link:calculationLink 005 - Statement - Unaudited Condensed Statement of Cash Flows link:presentationLink link:definitionLink link:calculationLink 006 - Disclosure - Description of Organization and Business Operations link:presentationLink link:definitionLink link:calculationLink 007 - Disclosure - Basic of Presentation and Summary of Significant Accounting Policies link:presentationLink link:definitionLink link:calculationLink 008 - Disclosure - Initial Public Offering link:presentationLink link:definitionLink link:calculationLink 009 - Disclosure - Related Party Transactions link:presentationLink link:definitionLink link:calculationLink 010 - Disclosure - Commitments and Contingencies link:presentationLink link:definitionLink link:calculationLink 011 - Disclosure - Derivative Warrant Liabilities link:presentationLink link:definitionLink link:calculationLink 012 - Disclosure - Shareholders' Equity link:presentationLink link:definitionLink link:calculationLink 013 - Disclosure - Fair Value Measurements link:presentationLink link:definitionLink link:calculationLink 014 - Disclosure - Subsequent Events link:presentationLink link:definitionLink link:calculationLink 015 - Disclosure - Accounting Policies, by Policy (Policies) link:presentationLink link:definitionLink link:calculationLink 016 - Disclosure - Fair Value Measurements (Tables) link:presentationLink link:definitionLink link:calculationLink 017 - Disclosure - Description of Organization and Business Operations (Details) link:presentationLink link:definitionLink link:calculationLink 018 - Disclosure - Basic of Presentation and Summary of Significant Accounting Policies (Details) link:presentationLink link:definitionLink link:calculationLink 019 - Disclosure - Initial Public Offering (Details) link:presentationLink link:definitionLink link:calculationLink 020 - Disclosure - Related Party Transactions (Details) link:presentationLink link:definitionLink link:calculationLink 021 - Disclosure - Commitments and Contingencies (Details) link:presentationLink link:definitionLink link:calculationLink 022 - Disclosure - Derivative Warrant Liabilities (Details) link:presentationLink link:definitionLink link:calculationLink 023 - Disclosure - Shareholders' Equity (Details) link:presentationLink link:definitionLink link:calculationLink 024 - Disclosure - Fair Value Measurements (Details) link:presentationLink link:definitionLink link:calculationLink 025 - Disclosure - Fair Value Measurements (Details) - Schedule of carrying value, excluding gross unrealized holding loss and fair value of held to maturity securities link:presentationLink link:definitionLink link:calculationLink 026 - Disclosure - Fair Value Measurements (Details) - Schedule of quantitative information regarding Level 3 fair value measurements link:presentationLink link:definitionLink link:calculationLink 000 - Document - Document And Entity Information link:presentationLink link:definitionLink link:calculationLink EX-101.CAL 8 deh-20210331_cal.xml XBRL CALCULATION FILE EX-101.DEF 9 deh-20210331_def.xml XBRL DEFINITION FILE EX-101.LAB 10 deh-20210331_lab.xml XBRL LABEL FILE EX-101.PRE 11 deh-20210331_pre.xml XBRL PRESENTATION FILE XML 12 R1.htm IDEA: XBRL DOCUMENT v3.21.1
Document And Entity Information - shares
3 Months Ended
Mar. 31, 2021
May 24, 2021
Document Information Line Items    
Entity Registrant Name D8 HOLDINGS CORP.  
Document Type 10-Q  
Current Fiscal Year End Date --12-31  
Amendment Flag false  
Entity Central Index Key 0001812173  
Entity Current Reporting Status Yes  
Entity Filer Category Non-accelerated Filer  
Document Period End Date Mar. 31, 2021  
Document Fiscal Year Focus 2021  
Document Fiscal Period Focus Q1  
Entity Small Business true  
Entity Emerging Growth Company true  
Entity Shell Company true  
Entity Ex Transition Period false  
Entity File Number 001-39384  
Entity Incorporation, State or Country Code E9  
Entity Interactive Data Current Yes  
Class A ordinary shares    
Document Information Line Items    
Entity Common Stock, Shares Outstanding   34,500,000
Class B ordinary shares    
Document Information Line Items    
Entity Common Stock, Shares Outstanding   8,625,000
XML 13 R2.htm IDEA: XBRL DOCUMENT v3.21.1
Condensed Balance Sheets - USD ($)
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash $ 1,027,964 $ 1,097,313
Prepaid expenses 65,000 132,958
Total current assets 1,092,964 1,230,271
Investments held in Trust Accounts 345,258,401 345,191,130
Total Assets 346,351,365 346,421,401
Current liabilities:    
Accounts payable 57,199 13,682
Accrued expenses 1,457,512 112,538
Total current liabilities 1,514,711 126,220
Deferred underwriting commissions 12,075,000 12,075,000
Warrant liabilities 31,140,500 29,415,500
Total liabilities 44,730,211 41,616,720
Commitments and Contingencies (Note 5)
Class A ordinary shares, $0.0001 par value; 200,000,000 shares authorized, 29,662,115 and 29,980,468 shares subject to possible redemption at $10.00 per share as of March 31, 2021 and December 31, 2020, respectively 296,621,150 299,804,680
Shareholders’ Equity:    
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding
Additional paid-in capital 17,644,892 14,461,394
Accumulated deficit (12,646,235) (9,462,708)
Total shareholders’ equity 5,000,004 5,000,001
Total Liabilities and Shareholders’ Equity 346,351,365 346,421,401
Class A ordinary shares    
Shareholders’ Equity:    
Ordinary shares 484 452
Total shareholders’ equity 484 452
Class B ordinary shares    
Shareholders’ Equity:    
Ordinary shares 863 863
Total shareholders’ equity $ 863 $ 863
XML 14 R3.htm IDEA: XBRL DOCUMENT v3.21.1
Condensed Balance Sheets (Parentheticals) - $ / shares
Mar. 31, 2021
Dec. 31, 2020
Preference shares, par value (in Dollars per share) $ 0.0001 $ 0.0001
Preference shares, shares authorized 1,000,000 1,000,000
Preference shares, shares issued
Preference shares, shares outstanding
Class A ordinary shares    
Ordinary shares, par value (in Dollars per share) $ 0.0001 $ 0.0001
Ordinary shares, authorized 200,000,000 200,000,000
Ordinary shares, subject to possible redemption 29,662,115 29,980,468
Ordinary shares, subject to possible redemption, per share (in Dollars per share) $ 10.00 $ 10.00
Ordinary shares, par value (in Dollars per share) $ 0.0001 $ 0.0001
Ordinary shares, shares authorized 200,000,000 200,000,000
Ordinary shares, shares issued 4,837,885 4,519,532
Ordinary shares, shares outstanding 4,837,885 4,519,532
Class B ordinary shares    
Ordinary shares, par value (in Dollars per share) $ 0.0001 $ 0.0001
Ordinary shares, shares authorized 20,000,000 20,000,000
Ordinary shares, shares issued 8,625,000 8,625,000
Ordinary shares, shares outstanding 8,625,000 8,625,000
XML 15 R4.htm IDEA: XBRL DOCUMENT v3.21.1
Unaudited Condensed Statement of Operations
3 Months Ended
Mar. 31, 2021
USD ($)
$ / shares
shares
Operating expenses  
General and administrative expenses $ 1,495,798
Administrative fee - related party 30,000
Loss from Operations (1,525,798)
Change in fair value of warrant liabilities (1,725,000)
Net gain from investments held in Trust Accounts 67,271
Net loss (3,183,527)
Class A ordinary shares  
Operating expenses  
Net loss
Weighted average shares outstanding of basic and diluted (in Shares) | shares 34,500,000
Basic and diluted net income per share (in Dollars per share) | $ / shares $ 0.00
Class B ordinary shares  
Operating expenses  
Net loss
Weighted average shares outstanding of basic and diluted (in Shares) | shares 8,625,000
Basic and diluted net income per share (in Dollars per share) | $ / shares $ (0.38)
XML 16 R5.htm IDEA: XBRL DOCUMENT v3.21.1
Unaudited Condensed Statement of Changes in Shareholders' Equity - 3 months ended Mar. 31, 2021 - USD ($)
Class A ordinary shares
Class B ordinary shares
Additional Paid-in Capital
Accumulated Deficit
Total
Balance at Dec. 31, 2020 $ 452 $ 863 $ 14,461,394 $ (9,462,708) $ 5,000,001
Balance (in Shares) at Dec. 31, 2020 4,519,532 8,625,000      
Shares subject to possible redemption $ 32 3,183,498 3,183,530
Shares subject to possible redemption (in Shares) 318,353      
Net loss (3,183,527) (3,183,527)
Balance at Mar. 31, 2021 $ 484 $ 863 $ 17,644,892 $ (12,646,235) $ 5,000,004
Balance (in Shares) at Mar. 31, 2021 4,837,885 8,625,000      
XML 17 R6.htm IDEA: XBRL DOCUMENT v3.21.1
Unaudited Condensed Statement of Cash Flows
3 Months Ended
Mar. 31, 2021
USD ($)
Statement of Cash Flows [Abstract]  
Net loss $ (3,183,527)
Adjustments to reconcile net loss to net cash used in operating activities:  
Change in fair value of warrant liabilities 1,725,000
Net gain from investments held in Trust Accounts (67,271)
Changes in operating assets and liabilities:  
Prepaid expenses 67,958
Accounts payable 43,517
Accrued expenses 1,344,974
Net cash used in operating activities (69,349)
Net change in cash (69,349)
Cash - beginning of the period 1,097,313
Cash - end of the period 1,027,964
Supplemental disclosure of noncash activities:  
Change in value of Class A ordinary shares subject to possible redemption $ 3,183,530
XML 18 R7.htm IDEA: XBRL DOCUMENT v3.21.1
Description of Organization and Business Operations
3 Months Ended
Mar. 31, 2021
Accounting Policies [Abstract]  
Description of Organization and Business Operations

Note 1—Description of Organization and Business Operations


D8 Holdings Corp. (the “Company”) was incorporated as a Cayman Islands exempted company on May 6, 2020. The Company was incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses (the “Business Combination”). Although the Company is not limited to a particular industry or sector for purposes of consummating a Business Combination, the Company intends to focus its search on the consumer retail sector. The Company is an emerging growth company and, as such, the Company is subject to all of the risks associated with emerging growth companies.


As of March 31, 2021, the Company had not commenced any operations. All activity for the period from May 6, 2020 (inception) through March 31, 2021 relates to the Company’s formation, and the initial public offering described below, and since the initial public offering, a search for a business combination target. The Company will not generate any operating revenues until after the completion of its initial Business Combination, at the earliest. The Company will generate non-operating income in the form of net gain from investments held in Trust Account from the proceeds derived from the Initial Public Offering (as defined below). The Company has selected December 31 as its fiscal year end.


Financing


The Company’s sponsor is D8 Sponsor LLC, a Cayman Islands limited liability company (the “Sponsor”).The registration statement for the Initial Public Offering was declared effective on July 14, 2020. On July 17, 2020, the Company consummated the Initial Public Offering of 30,000,000 units (the “Units”) at $10.00 per Unit, generating gross proceeds of $300.0 million (the “Initial Public Offering”). Each Unit consists of one Class A ordinary share (the “Public Shares”) of the Company, par value $0.0001, and one-half of one redeemable warrant (the “Public Warrants”) of the Company, with each whole warrant entitled to purchase one Class A Ordinary Share for $11.50 per share, subject to adjustment. On July 24, 2020, the underwriters exercised the over-allotment option in full and purchased an additional 4,500,000 Units (the “Over-Allotment Units”), generating additional gross proceeds of $45.0 million. The Company incurred total offering costs of approximately $19.5 million in underwriting fees (inclusive of approximately $12.1 million in deferred underwriting fees) (Note 5).


Simultaneously with the closing of the Initial Public Offering, the Company consummated the private placement (“Private Placement”) of 8,000,000 warrants (each, a “Private Placement Warrant” and collectively, the “Private Placement Warrants”) to the Sponsor, each exercisable to purchase one Class A ordinary share at $11.50 per share, at a price of $1.00 per Private Placement Warrant, generating gross proceeds to the Company of $8.0 million, and incurring offering costs of approximately $16,000 (Note 4). On July 24, 2020, simultaneously with the sale of the Over-Allotment Units, the Company consummated a private sale of an additional 900,000 Private Placement Warrants to the Sponsor, generating gross proceeds of $900,000.


Trust Account


Upon the closing of the Initial Public Offering and the Private Placement, $345.0 million ($10.00 per Unit) of the net proceeds of the Initial Public Offering and certain of the proceeds of the Private Placement was placed in trust accounts (“Trust Accounts”), located in the United States with Continental Stock Transfer & Trust Company acting as trustee, and is invested only in U.S. government securities, within the meaning set forth in Section 2(a)(16) of the Investment Company Act, having a maturity of 185 days or less or in money market funds meeting certain conditions under Rule 2a-7 promulgated under the Investment Company Act which invest only in direct U.S. government treasury obligations, until the earlier of: (i) the completion of a Business Combination or (ii) the distribution of the Trust Account as described below.


Initial Business Combination


The Company’s management has broad discretion with respect to the specific application of the net proceeds of the Initial Public Offering and the sale of Private Placement Warrants, although substantially all of the net proceeds are intended to be applied generally toward consummating a Business Combination. There is no assurance that the Company will be able to complete a Business Combination successfully. The Company must complete an initial Business Combination with one or more operating businesses or assets with a fair market value of at least 80% of the net assets held in the Trust Account (as defined below) (excluding the amount of any deferred underwriting discount held in the Trust Account) at the time of the agreement to enter into the initial Business Combination. However, the Company will only complete a Business Combination if the post-transaction company owns or acquires 50% or more of the outstanding voting securities of the target or otherwise acquires a controlling interest in the target sufficient for it not to be required to register as an investment company under the Investment Company Act 1940, as amended (the “Investment Company Act”).


The Company will provide its holders (the “Public Shareholders”) of its Class A ordinary shares, par value $0.0001, sold in the Initial Public Offering, with the opportunity to redeem all or a portion of their Public Shares upon the completion of a Business Combination either (i) in connection with a general meeting called to approve the Business Combination or (ii) by means of a tender offer. The decision as to whether the Company will seek shareholder approval of a Business Combination or conduct a tender offer will be made by the Company, solely in its discretion. The Public Shareholders will be entitled to redeem their Public Shares for a pro rata portion of the amount then in the Trust Account (initially anticipated to be $10.00 per Public Share). The per-share amount to be distributed to Public Shareholders who redeem their Public Shares will not be reduced by the deferred underwriting commissions the Company will pay to the underwriters (as discussed in Note 5). These Public Shares were classified as temporary equity upon the completion of the Initial Public Offering in accordance with the Financial Accounting Standards Board’s (“FASB”) Accounting Standards Codification (“ASC”) Topic 480 “Distinguishing Liabilities from Equity.” In such case, the Company will proceed with a Business Combination if the Company has net tangible assets of at least $5,000,001 and the approval of an ordinary resolution. If a shareholder vote is not required by law and the Company does not decide to hold a shareholder vote for business or other legal reasons, the Company will, pursuant to its Amended and Restated Memorandum and Articles of Association, conduct the redemptions pursuant to the tender offer rules of the U.S. Securities and Exchange Commission (“SEC”) and file tender offer documents with the SEC prior to completing a Business Combination. If, however, shareholder approval of the transactions is required by law, or the Company decides to obtain shareholder approval for business or legal reasons, the Company will offer to redeem shares in conjunction with a proxy solicitation pursuant to the proxy rules and not pursuant to the tender offer rules. Additionally, each Public Shareholder may elect to redeem their Public Shares irrespective of whether they vote for or against the proposed transaction. If the Company seeks shareholder approval in connection with a Business Combination, the initial shareholders (as defined below) have agreed to vote their Founder Shares (as defined below in Note 4) and any Public Shares purchased during or after the Initial Public Offering in favor of a Business Combination. In addition, the initial shareholders have agreed to waive their redemption rights with respect to their Founder Shares and Public Shares in connection with the completion of a Business Combination.


Notwithstanding the foregoing, the Amended and Restated Memorandum and Articles of Association provide that a Public Shareholder, together with any affiliate of such shareholder or any other person with whom such shareholder is acting in concert or as a “group” (as defined under Section 13 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)), will be restricted from redeeming its shares with respect to more than an aggregate of 20% or more of the Class A ordinary shares sold in the Initial Public Offering, without the prior consent of the Company.


The Company’s Sponsor, officers and directors (the “initial shareholders”) have agreed, pursuant to a written agreement with the Company, that they will not propose any amendment to the Amended and Restated Memorandum and Articles of Association (A) to modify the substance or timing of the Company’s obligation to allow redemption in connection with the initial Business Combination or to redeem 100% of its Public Shares if the Company does not complete a Business Combination within 24 months from the closing of the Initial Public Offering, or July 17, 2022 (the “Combination Period”) or (B) with respect to any other material provisions relating to shareholders’ rights or pre-initial Business Combination activity, unless the Company provides the Public Shareholders with the opportunity to redeem their Class A ordinary shares upon approval of any such amendment at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the trust account, including interest earned on the funds held in the trust account and not previously released to us to pay our taxes, divided by the number of then outstanding Public Shares.


If the Company is unable to complete a Business Combination within the Combination Period, the Company will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but not more than ten business days thereafter, redeem the Public Shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest earned on the funds held in the Trust Account and not previously released to the Company (less taxes payable and up to $100,000 of interest to pay dissolution expenses), divided by the number of then outstanding Public Shares, which redemption will completely extinguish Public Shareholders’ rights as shareholders (including the right to receive further liquidation distributions, if any) and (iii) as promptly as reasonably possible following such redemption, subject to the approval of the Company’s remaining shareholders and the Company’s board of directors, liquidate and dissolve, subject, in the case of clauses (ii) and (iii), to the Company’s obligations under Cayman Islands law to provide for claims of creditors and in all cases subject to the other requirements of applicable law.


The initial shareholders have agreed to waive their liquidation rights with respect to the Founder Shares if the Company fails to complete a Business Combination within the Combination Period. However, if the initial shareholders or members of the Company’s management team acquire Public Shares in or after the Initial Public Offering, they will be entitled to liquidating distributions from the Trust Account with respect to such Public Shares if the Company fails to complete a Business Combination within the Combination Period. The underwriters have agreed to waive their rights to their deferred underwriting commission (see Note 5) held in the Trust Account in the event the Company does not complete a Business Combination within in the Combination Period and, in such event, such amounts will be included with the other funds held in the Trust Account that will be available to fund the redemption of the Public Shares. In the event of such distribution, it is possible that the per share value of the residual assets remaining available for distribution (including Trust Account assets) will be only $10.00 per share initially held in the Trust Account. In order to protect the amounts held in the Trust Account, the Sponsor has agreed to be liable to the Company if and to the extent any claims by a third party for services rendered or products sold to the Company, or a prospective target business with which the Company has entered into a written letter of intent, confidentiality or other similar agreement or business combination agreement, reduce the amount of funds in the Trust Account to below the lesser of (i) $10.00 per public share and (ii) the actual amount per Public Share held in the Trust Account as of the date of the liquidation of the trust account, if less than $10.00 per share due to reductions in the value of the trust assets, less taxes payable. This liability will not apply with respect to any claims by a third party who executed a waiver of any and all rights to the monies held in the Trust Account (whether or not such waiver is enforceable) or to any claims under the Company’s indemnity of the underwriters of the Initial Public Offering against certain liabilities, including liabilities under the Securities Act of 1933, as amended (the “Securities Act”). Moreover, in the event that an executed waiver is deemed to be unenforceable against a third party, the Sponsor will not be responsible to the extent of any liability for such third-party claims. The Company will seek to reduce the possibility that the Sponsor will have to indemnify the Trust Account due to claims of creditors by endeavoring to have all vendors, service providers (except for the Company’s independent public registered accounting firm), prospective target businesses or other entities with which the Company does business, execute agreements with the Company waiving any right, title, interest or claim of any kind in or to monies held in the Trust Account.


Further, Section 102(b)(1) of the JOBS Act exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that have not had a Securities Act registration statement declared effective or do not have a class of securities registered under the Exchange Act) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that an emerging growth company can elect to opt out of the extended transition period and comply with the requirements that apply to non-emerging growth companies but any such an election to opt out is irrevocable. The Company has elected not to opt out of such extended transition period, which means that when a standard is issued or revised and it has different application dates for public or private companies, the Company, as an emerging growth company, can adopt the new or revised standard at the time private companies adopt the new or revised standard.


This may make the comparison of the Company’s financial statement with another public company that is neither an emerging growth company nor an emerging growth company that has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used.


Liquidity and Capital Resources


As of March 31, 2021, the Company had approximately $1.0 million in its operating bank account and working capital deficit of approximately $422,000.


Prior to the completion of the Initial Public Offering, the Over-Allotment and the Private Placement, the Company’s liquidity needs had been satisfied through the payment of $25,000 in offering costs by the Sponsor in exchange for the issuance of the Founder Shares, and a loan of approximately $127,000 pursuant to the Note issued to the Sponsor (Note 4). The Company repaid the Note in full on July 17, 2020. Subsequent to the consummation of the Initial Public Offering, the Over-Allotment and the Private Placement, the Company’s liquidity needs have been satisfied with the proceeds from the consummation of the Private Placement not held in the Trust Account. In addition, in order to finance transaction costs in connection with a Business Combination, the Sponsor may, but is not obligated to, provide the Company Working Capital Loans (see Note 4). As of March 31, 2021, there were no Working Capital Loans outstanding.


Based on the foregoing, management believes that the Company will have sufficient working capital and borrowing capacity from the Sponsor or an affiliate of the Sponsor, or certain of the Company’s officers and directors to meet its needs through the earlier of the consummation of a Business Combination or one year from this filing. Over this time period, the Company will be using these funds for paying existing accounts payable, identifying and evaluating prospective initial Business Combination candidates, performing due diligence on prospective target businesses, paying for travel expenditures, selecting the target business to merge with or acquire, and structuring, negotiating and consummating the Business Combination.


XML 19 R8.htm IDEA: XBRL DOCUMENT v3.21.1
Basic of Presentation and Summary of Significant Accounting Policies
3 Months Ended
Mar. 31, 2021
Accounting Policies [Abstract]  
Basic of Presentation and Summary of Significant Accounting Policies

Note 2—Basic of Presentation and Summary of Significant Accounting Policies


Basis of Presentation


The accompanying unaudited condensed financial statements of the Company have been prepared in accordance with United States generally accepted accounting principles (“U.S. GAAP”) for interim financial information and Article 8 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP. In the opinion of management, all adjustments (consisting of normal accruals) considered for a fair presentation have been included. Operating results for the three months ended March 31, 2021 are not necessarily indicative of the results that may be expected for the year ending December 31, 2021.


The accompanying unaudited condensed financial statements should be read in conjunction with the audited financial statements and notes thereto included in the Company’s Annual Report on Form 10K/A filed with the SEC on May [●], 2021. 


Emerging Growth Company


As an emerging growth company, the Company may take advantage of certain exemptions from various reporting requirements that are applicable to other public companies that are not emerging growth companies including, but not limited to, not being required to comply with the auditor attestation requirements of Section 404 of the Sarbanes-Oxley Act of 2002, reduced disclosure obligations regarding executive compensation in its periodic reports and proxy statements, and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and shareholder approval of any golden parachute payments not previously approved.


Further, Section 102(b)(1) of the JOBS Act exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that have not had a Securities Act registration statement declared effective or do not have a class of securities registered under the Exchange Act) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that an emerging growth company can elect to opt out of the extended transition period and comply with the requirements that apply to non-emerging growth companies but any such election to opt out is irrevocable. The Company has elected not to opt out of such extended transition period which means that when a standard is issued or revised and it has different application dates for public or private companies, the Company, as an emerging growth company, can adopt the new or revised standard at the time private companies adopt the new or revised standard. This may make comparison of the Company’s financial statements with another public company which is neither an emerging growth company nor an emerging growth company which has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used. This may make comparison of the Company’s financial statement with another public company that is neither an emerging growth company nor an emerging growth company that has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used.


Use of Estimates


The preparation of financial statements in conformity with U.S. GAAP requires the Company’s management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements. Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. One of the more significant accounting estimates included in these financial statements is the determination of the fair value of the warrant liability. Such estimates may be subject to change as more current information becomes available and accordingly the actual results could differ significantly from those estimates.


Cash and Cash Equivalents


The Company considers all short-term investments with an original maturity of three months or less when purchased to be cash equivalents. There were no cash equivalents held outside the Trust Account as of March 31, 2021 and December 31, 2020.


Investments Held in Trust Accounts


The Company’s portfolio of investments is comprised solely of U.S. government securities, within the meaning set forth in Section 2(a)(16) of the Investment Company Act, with a maturity of 185 days or less, or investments in money market funds that invest in U.S. government securities, or a combination thereof. The Company’s investments held in the Trust Accounts are classified as trading securities. Trading securities are presented on the balance sheet at fair value at the end of each reporting period. Gains and losses resulting from the change in fair value of these securities is included in gain on investment (net), dividends and interest held in Trust Account in the accompanying unaudited condensed statement of operations. The estimated fair values of investments held in the Trust Accounts are determined using available market information.


Concentration of Credit Risk


Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash accounts in a financial institution, which, at times, may exceed the Federal Depository Insurance Coverage of $250,000, and investments held in Trust Accounts. The Company has not experienced losses on these accounts and management believes the Company is not exposed to significant risks on such accounts.


Fair Value of Financial Instruments


Fair value is defined as the price that would be received for sale of an asset or paid for transfer of a liability, in an orderly transaction between market participants at the measurement date. U.S. GAAP establishes a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value.


The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). These tiers include:


Level 1, defined as observable inputs such as quoted prices for identical instruments in active markets;

Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable such as quoted prices for similar instruments in active markets or quoted prices for identical or similar instruments in markets that are not active; and

Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions, such as valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable.

In some circumstances, the inputs used to measure fair value might be categorized within different levels of the fair value hierarchy. In those instances, the fair value measurement is categorized in its entirety in the fair value hierarchy based on the lowest level input that is significant to the fair value measurement.


As of March 31, 2021 and December 31, 2020, the carrying values of cash, prepaid expenses, accounts payable and accrued expenses approximate their fair values due to the short-term nature of the instruments. The Company’s portfolio of investments held in the Trust Accounts are comprised of investments in U.S. Treasury securities with an original maturity of 185 days or less or investments in money market funds that invest in U.S. government securities, or a combination thereof. The fair value for trading securities is determined using quoted market prices in active markets.


Offering Costs Associated with the Initial Public Offering


The Company complies with the requirements of the FASB ASC Topic 340-10-S99-1 and SEC Staff Accounting Bulletin Topic 5A – “Expenses of Offering.” Offering costs consist of costs incurred in connection with the formation and preparation for the Initial Public Offering. These costs, together with the underwriting discount, were charged to additional paid-in capital upon the completion of the Initial Public Offering. Offering costs associated with warrant liabilities were expensed as incurred. Offering costs associated with the Class A ordinary shares were charged to stockholders’ equity upon the completion of the Initial Public Offering.


Class A Ordinary Shares Subject to Possible Redemption


The Company accounts for its Class A ordinary shares subject to possible redemption in accordance with the guidance in ASC Topic 480 “Distinguishing Liabilities from Equity.” Class A ordinary shares subject to mandatory redemption (if any) are classified as liability instruments and are measured at fair value. Conditionally redeemable Class A ordinary shares (including Class A ordinary shares that feature redemption rights that are either within the control of the holder or subject to redemption upon the occurrence of uncertain events not solely within the Company’s control) are classified as temporary equity. At all other times, Class A ordinary shares are classified as shareholders’ equity. The Company’s Class A ordinary shares feature certain redemption rights that are considered to be outside of the Company’s control and subject to the occurrence of uncertain future events. Accordingly, at March 31, 2021 and December 31, 2020, 29,662,115 and 29,980,468 Class A ordinary shares subject to possible redemption are presented as temporary equity, outside of the shareholders’ equity section of the Company’s balance sheets.


Income Taxes


FASB ASC 740 prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more likely than not to be sustained upon examination by taxing authorities. There were no unrecognized tax benefits as of March 31, 2021 and December 31, 2020. The Company’s management determined that the Cayman Islands is the Company’s only major tax jurisdiction. The Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense. No amounts were accrued for the payment of interest and penalties as of March 31, 2021 and December 31, 2020. The Company is currently not aware of any issues under review that could result in significant payments, accruals or material deviation from its position.


The Company is considered an exempted Cayman Islands company and is presently not subject to income taxes or income tax filing requirements in the Cayman Islands or the United States. As such, the Company’s tax provision was zero for the periods presented. The Company’s management does not expect that the total amount of unrecognized tax benefits will materially change over the next twelve months. 


Net Income (Loss) per Ordinary Share


The Company complies with accounting and disclosure requirements of ASC Topic 260, “Earnings Per Share.” Net income (loss) per ordinary share is computed by dividing net income (loss) by the weighted average number of ordinary shares outstanding during the period. The Company has not considered the effect of the warrants sold in the Initial Public Offering and Private Placement to purchase an aggregate of 26,150,000 shares of Class A ordinary shares in the calculation of diluted earnings per ordinary share, since their inclusion would be anti-dilutive under the treasury stock method. As a result, diluted loss per ordinary share is the same as basic loss per share for the period presented.


The Company’s statement of operations include a presentation of income per share for ordinary shares subject to redemption in a manner similar to the two-class method of income per share. Net income per share, basic and diluted for Class A ordinary shares is calculated by dividing the investment income earned on the Trust Account of approximately $67,000 for the three months ended March 31, 2021 by the weighted average number of shares of Class A ordinary shares outstanding for the period. Net loss per share, basic and diluted for Class B ordinary shares for the three months ended March 31, 2021 is calculated by dividing the net loss of approximately $3.2 million, less income attributable to Class A ordinary shares, by the weighted average number of shares of Class B ordinary shares outstanding for the period.


Derivative warrant liabilities


The Company does not use derivative instruments to hedge exposures to cash flow, market, or foreign currency risks. The Company evaluates all of its financial instruments, including issued shares purchase warrants, to determine if such instruments are derivatives or contain features that qualify as embedded derivatives, pursuant to ASC 480 and ASC 815-15. The classification of derivative instruments, including whether such instruments should be recorded as liabilities or as equity, is re-assessed at the end of each reporting period.


The Company accounts for its 26,150,000 warrants issued in connection with its Initial Public Offering (17,250,000) and Private Placement (8,900,000) as derivative warrant liabilities in accordance with ASC 815-40. Accordingly, the Company recognizes the warrant instruments as liabilities at fair value and adjusts the instruments to fair value at each reporting period. The liabilities are subject to re-measurement at each balance sheet date until exercised, and any change in fair value is recognized in the Company’s statements of operations. The fair value of warrants issued in connection with the Private Placement has been estimated using Black-Scholes Options Pricing model at each balance sheet date. The fair value of the warrants issued in connection with the Initial Public Offering was initially measured using a Black-Scholes Options Pricing model and subsequently been measured at each measurement date based on the market price of such warrants.


Recent Adopted Accounting Standards


In August 2020, the FASB issued ASU No. 2020-06, Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging— Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity (“ASU 2020-06”), which simplifies accounting for convertible instruments by removing major separation models required under current GAAP. The ASU also removes certain settlement conditions that are required for equity-linked contracts to qualify for the derivative scope exception, and it simplifies the diluted earnings per share calculation in certain areas. The Company adopted ASU 2020-06 on January 1, 2021. Adoption of the ASU did not impact the Company’s financial position, results of operations or cash flows.


Recent Issued Accounting Standards


The Company’s management does not believe that any recently issued, but not yet effective, accounting standards updates, if currently adopted, would have a material effect on the accompanying financial statement.


XML 20 R9.htm IDEA: XBRL DOCUMENT v3.21.1
Initial Public Offering
3 Months Ended
Mar. 31, 2021
Initial Public Offering [Abstract]  
INITIAL PUBLIC OFFERING

Note 3—Initial Public Offering


On July 17, 2020, the Company consummated the Initial Public Offering of 30,000,000 Units at $10.00 per Unit, generating gross proceeds of $300.0 million. On July 24, 2020, the underwriters exercised the over-allotment option in full and purchased an additional 4,500,000 Over-Allotment Units, generating additional gross proceeds of $45.0 million. The Company incurred total offering costs of approximately $19.5 million in underwriting fees (inclusive of approximately $12.1 million in deferred underwriting fees).


Each Unit consists of one Class A ordinary share, par value $0.0001 and one-half of one redeemable warrant. Each whole Public Warrant entitles the holder to purchase one Class A ordinary share at a price of $11.50 per share, subject to adjustment (see Note 6).


XML 21 R10.htm IDEA: XBRL DOCUMENT v3.21.1
Related Party Transactions
3 Months Ended
Mar. 31, 2021
Related Party Transactions [Abstract]  
Related Party Transactions

Note 4—Related Party Transactions


Founder Shares


On May 14, 2020, the Sponsor paid $25,000, or approximately $0.003 per share, to cover certain offering costs in consideration for 7,187,500 Class B ordinary shares, par value $0.0001 (the “Founder Shares”). On June 25, 2020, the Sponsor transferred 15,000 Founder Shares to Robert Kirby and 25,000 Founder Shares to each of Michael Kives, Fred Langhammer and Terry Lundgren, resulting in the Sponsor holding 7,097,500 Founder Shares. On July 14, 2020, the Company effected a share capitalization of 1,437,500 Founder Shares resulting in 8,625,000 Class B ordinary shares outstanding, of which the Sponsor now holds 8,535,000 Founder Shares. All shares and the associated amounts have been retroactively restated to reflect the share capitalization. Of the 8,625,000 Founder Shares outstanding, up to 1,125,000 Founder Shares were subject to forfeiture to the extent that the over-allotment option was not exercised in full by the underwriters, so that the Founder Shares will represent 20.0% of the Company’s issued and outstanding shares after the Initial Public Offering. The underwriters exercised their over-allotment option in full on July 24, 2020. As a result, these shares were no longer subject to forfeiture.


The initial shareholders agreed, subject to limited exceptions, not to transfer, assign or sell any of their Founder Shares and any Class A ordinary shares issuable upon conversion thereof until the earlier to occur of: (i) one year after the completion of the initial Business Combination, or (ii) the date on which the Company completes a liquidation, merger, share exchange or other similar transaction after the initial Business Combination that results in all of the Company’s shareholders having the right to exchange their Class A ordinary shares for cash, securities or other property; except to certain permitted transferees and under certain circumstances (the “lock-up”). Notwithstanding the foregoing, if (1) the closing price of Class A ordinary shares equals or exceeds $12.00 per share (as adjusted for share sub-divisions, share capitalizations, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the initial Business Combination or (2) if the Company consummates a transaction after the initial Business Combination which results in the Company’s shareholders having the right to exchange their shares for cash, securities or other property, the Founder Shares will be released from the lock-up.


Private Placement Warrants


On July 17, 2020, simultaneously with the closing of the Initial Public Offering, the Company consummated the Private Placement of 8,000,000 Private Placement Warrants to the Sponsor, each exercisable to purchase one Class A ordinary share at $11.50 per share, at a price of $1.00 per Private Placement Warrant, generating gross proceeds to the Company of $8.0 million, and incurring offering costs of approximately $16,000.  On July 24, 2020, simultaneously with the sale of the Over-Allotment Units, the Company consummated a private sale of an additional 900,000 Private Placement Warrants to the Sponsor, generating additional gross proceeds of $900,000.


Each warrant is exercisable to purchase one Class A ordinary share at $11.50 per share. A portion of the proceeds from the Private Placement Warrants were added to the proceeds from the Initial Public Offering held in the Trust Accounts. If the Company does not complete a Business Combination within the Combination Period, the Private Placement Warrants will expire worthless.


The Sponsor and the Company’s officers and directors agreed, subject to limited exceptions, not to transfer, assign or sell any of their Private Placement Warrants until 30 days after the completion of the initial Business Combination.


Sponsor Loan


On May 14, 2020, the Sponsor agreed to loan the Company up to $300,000 to cover expenses related to the Initial Public Offering pursuant to a promissory note (the “Note”). The Company borrowed approximately $127,000 under the Note and fully repaid this Note on July 17, 2020.


Working Capital Loans


In addition, in order to finance transaction costs in connection with a Business Combination, the Sponsor or an affiliate of the Sponsor, or certain of the Company’s officers and directors may, but are not obligated to, loan the Company funds as may be required (“Working Capital Loans”). If the Company completes a Business Combination, the Company would repay the Working Capital Loans. In the event that a Business Combination does not close, the Company may use a portion of proceeds held outside the Trust Accounts to repay the Working Capital Loans but no proceeds held in the Trust Accounts would be used to repay the Working Capital Loans. Except for the foregoing, the terms of such Working Capital Loans, if any, have not been determined and no written agreements exist with respect to such loans. The Working Capital Loans would either be repaid upon consummation of a Business Combination or, at the lender’s discretion, up to $1.5 million of such Working Capital Loans may be convertible into private placement warrants at a price of $1.00 per warrant. As of March 31, 2021 and December 31, 2020, the Company had no Working Capital Loans outstanding.


Administrative Services Agreement


Commencing on the date of the final prospectus, the Company has agreed to pay the Sponsor a total of $10,000 per month for office space, utilities, secretarial and administrative support services. Upon completion of the Initial Business Combination or the Company’s liquidation, the Company will cease paying these monthly fees. For the three months ended March 31, 2021, the Company incurred and paid approximately $30,000 in such administrative fees.


XML 22 R11.htm IDEA: XBRL DOCUMENT v3.21.1
Commitments and Contingencies
3 Months Ended
Mar. 31, 2021
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies

Note 5—Commitments and Contingencies


Registration Rights


The holders of Founder Shares, Private Placement Warrants, and securities that may be issued upon conversion of Working Capital Loans, if any, will be entitled to registration rights pursuant to a registration rights agreement dated as of July 14, 2020. These holders are entitled to certain demand and “piggyback” registration rights. However, the registration rights agreement provides that the Company will not permit any registration statement filed under the Securities Act to become effective until the termination of the applicable lock-up period for the securities to be registered. The Company will bear the expenses incurred in connection with the filing of any such registration statements.


Underwriting Agreement


The Company granted the underwriters a 45-day option from the final prospectus relating to the Initial Public Offering to purchase up to 4,500,000 additional Units to cover over-allotments, if any, at the Initial Public Offering price less the underwriting discounts and commissions. The underwriters exercised their over-allotment option in full on July 24, 2020.


The underwriters were paid a cash underwriting discount of $0.20 per unit, or $6.9 million in the aggregate, paid upon the closing of the Initial Public Offering. In addition, $0.35 per unit, or approximately $12.1 million in the aggregate, will be payable to the underwriters for deferred underwriting commissions. The deferred fee will become payable to the underwriters from the amounts held in the Trust Account solely in the event that the Company completes a Business Combination, subject to the terms of the underwriting agreement.


Risks and Uncertainties


Management continues to evaluate the impact of the COVID-19 pandemic and has concluded that the specific impact is not readily determinable as of the date of the financial statements. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.


XML 23 R12.htm IDEA: XBRL DOCUMENT v3.21.1
Derivative Warrant Liabilities
3 Months Ended
Mar. 31, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Derivative Warrant Liabilities

Note 6—Derivative Warrant Liabilities


The Public Warrants will become exercisable at $11.50 per share on the later of (a) 30 days after the completion of a Business Combination or (b) 12 months from the closing of the Initial Public Offering; provided in each case that the Company has an effective registration statement under the Securities Act covering the Class A ordinary shares issuable upon exercise of the warrants and a current prospectus relating to them is available and such shares are registered, qualified or exempt from registration under the securities, or blue sky, laws of the state of residence of the holder (or the Company permits holders to exercise their warrants on a cashless basis under the circumstances specified in the warrant agreement). If and when the warrants become redeemable by the Company, the Company may exercise its redemption right even if it is unable to register or qualify the underlying securities for sale under all applicable state securities laws. The Company is not registering the Class A ordinary shares issuable upon exercise of the warrants at this time. The Company has agreed that as soon as practicable, but in no event later than 15 business days after the closing of the initial Business Combination, the Company will use its best efforts to file with the SEC and have an effective registration statement covering the Class A ordinary shares issuable upon exercise of the warrants and to maintain a current prospectus relating to those Class A ordinary shares until the warrants expire or are redeemed, as specified in the warrant agreement. If a registration statement covering the Class A ordinary shares issuable upon exercise of the warrants is not effective by the 60th business day after the closing of the initial Business Combination, warrant holders may, until such time as there is an effective registration statement and during any period when the Company will have failed to maintain an effective registration statement, exercise warrants on a “cashless basis” in accordance with Section 3(a)(9) of the Securities Act or another exemption. Notwithstanding the above, if the Company’s Class A ordinary shares are at the time of any exercise of a warrant not listed on a national securities exchange such that they satisfy the definition of a “covered security” under Section 18(b)(1) of the Securities Act, the Company may, at its option, require holders of Public Warrants who exercise their warrants to do so on a “cashless basis” in accordance with Section 3(a)(9) of the Securities Act and, in the event the Company so elects, the Company will not be required to file or maintain in effect a registration statement, and in the event the Company does not so elect, the Company will use its best efforts to register or qualify the shares under applicable blue sky laws to the extent an exemption is not available.


The warrants will expire five years after the completion of a Business Combination or earlier upon redemption or liquidation.


If (x) the Company issues additional Class A ordinary shares or equity-linked securities for capital raising purposes in connection with the closing of its initial Business Combination at an issue price or effective issue price of less than $9.20 per Class A ordinary share (with such issue price or effective issue price to be determined in good faith by the Company’s board of directors and, in the case of any such issuance to the initial shareholders or their affiliates, without taking into account any Founder Shares held by the initial shareholders or such affiliates, as applicable, prior to such issuance) (the “Newly Issued Price”), (y) the aggregate gross proceeds from such issuances represent more than 60% of the total equity proceeds, and interest thereon, available for the funding of the initial Business Combination on the date of the consummation of our initial business combination (net of redemptions), and (z) the volume weighted average trading price of the Class A ordinary shares during the 10 trading day period starting on the trading day prior to the day on which the Company consummates the initial Business Combination (such price, the “Market Value”) is below $9.20 per share, the exercise price of the Warrants will be adjusted (to the nearest cent) to be equal to 115% of the higher of the Market Value and the Newly Issued Price, and the $18.00 per share redemption trigger prices described below under “Redemption of Warrants when the price per Class A ordinary share equals or exceeds $18.00” will be adjusted (to the nearest cent) to be equal to 180% of the higher of the Market Value and the Newly Issued Price, and the $10.00 per share redemption trigger price described below under “Redemption of Warrants when the price per Class A ordinary share equals or exceeds $10.00” will be adjusted (to the nearest cent) to be equal to the higher of the Market Value and the Newly Issued Price.


The Private Placement Warrants are identical to the Public Warrants underlying the Units sold in the Initial Public Offering, except that the Private Placement Warrants and the ordinary shares issuable upon exercise of the Private Placement Warrants, so long as they are held by the Sponsor or its permitted transferees, (i) will not be redeemable by the Company, (ii) may not (including the Class A ordinary shares issuable upon exercise of these warrants), subject to certain limited exceptions, be transferred, assigned or sold by the holders until 30 days after the completion of the initial Business Combination, (iii) may be exercised by the holders on a cashless basis and (iv) will be entitled to registration rights. If the Private Placement Warrants are held by holders other than the Sponsor or its permitted transferees, the Private Placement Warrants will be redeemable by the Company and exercisable by the holders on the same basis as the Public Warrants.


Redemption of Warrants when the price per Class A ordinary share equals or exceeds $18.00. The Company may call the Public Warrants for redemption:


in whole and not in part;

at a price of $0.01 per warrant;

upon a minimum of 30 days’ prior written notice of redemption; and

if, and only if, the last reported sale price of the Class A ordinary shares equals or exceeds $18.00 per share (as adjusted) for any 20 trading days within a 30-trading day period ending on the third trading day prior to the date on which the Company sends the notice of redemption to the warrant holders.

In no event will the Company be required to net cash settle any Warrants.


Redemption of Warrants when the price per Class A ordinary share equals or exceeds $10.00. The Company may also redeem the outstanding Public Warrants once they become exercisable:


in whole and not in part;

at a price of $0.10 per warrant;

upon a minimum of 30 days’ prior written notice of redemption; provided that holders will be able to exercise their warrants on a cashless basis prior to redemption and receive that number of shares based on the redemption date and the “fair market value” of the Company’s Class A ordinary shares; and

if, and only if, the last reported sale price of the Class A ordinary shares equals or exceeds $10.00 per share (as adjusted) for any 20 trading days within a 30-trading day period ending three trading days before the Company sends the notice of redemption to the warrant holders.

If the Company is unable to complete the Initial Business Combination within the combination period and the Company liquidates the funds held in the Trust Account, holders of warrants will not receive any of such funds with respect to their warrants, nor will they receive any distribution from the Company’s assets held outside of the Trust Account with the respect to such warrants. Accordingly, the warrants may expire worthless.


As of March 31, 2021 and December 31, 2020, there were 26,150,000 warrants outstanding.


XML 24 R13.htm IDEA: XBRL DOCUMENT v3.21.1
Shareholders' Equity
3 Months Ended
Mar. 31, 2021
Stockholders' Equity Note [Abstract]  
Shareholders' Equity

Note 7—Shareholders’ Equity


Class A Ordinary Shares—The Company is authorized to issue 200,000,000 Class A ordinary shares with a par value of $0.0001 per share. At March 31, 2021 and December 31, 2020, there were 34,500,000 Class A ordinary shares issued or outstanding, including 29,662,115 and 29,980,468 Class A ordinary shares subject to possible redemption, respectively.


Class B Ordinary Shares—The Company is authorized to issue 20,000,000 Class B ordinary shares with a par value of $0.0001 per share. Holders are entitled to one vote for each share of Class B ordinary shares. On May 14, 2020, the Company issued 7,187,500 Class B ordinary shares. On July 14, 2020, the Company effected a share capitalization of 1,437,500 Founder Shares resulting in 8,625,000 Class B ordinary shares outstanding. All shares and the associated amounts have been retroactively restated to reflect the share capitalization. Of the 8,625,000 Class B ordinary shares, an aggregate of up to 1,125,000 shares were subject to forfeiture to the Company for no consideration to the extent that the underwriters’ over-allotment option is not exercised in full or in part, so that the initial shareholders would collectively own 20% of the Company’s issued and outstanding ordinary shares after the Initial Public Offering. The underwriters exercised their over-allotment option in full on July 24, 2020. As a result, these shares were no longer subject to forfeiture.


Holders of the Class A ordinary shares and holders of the Class B ordinary shares will vote together as a single class on all matters submitted to a vote of the Company’s shareholders, except as required by law or stock exchange rule; provided that only holders of the Class B ordinary shares have the right to appoint directors in any election held prior to or in connection with the completion of the initial Business Combination.


The Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the Initial Business Combination on a one-for-one basis (as adjusted). In the case that additional Class A ordinary shares or equity-linked securities are issued or deemed issued in connection with the initial Business Combination, the number of Class A ordinary shares issuable upon conversion of all Founder Shares will equal, in the aggregate, 20% of the total number of Class A ordinary shares outstanding after such conversion (after giving effect to any redemptions of Class A ordinary shares by public shareholders), including the total number of Class A ordinary shares issued, or deemed issued or issuable upon conversion or exercise of any equity-linked securities or rights issued or deemed issued, by the Company in connection with or in relation to the consummation of the initial Business Combination, excluding any Class A ordinary shares or equity-linked securities exercisable for or convertible into Class A ordinary shares issued, or to be issued, to any seller in the initial Business Combination and any private placement warrants issued to the Sponsor, officers or directors upon conversion of Working Capital Loans; provided that such conversion of Founder Shares will never occur on a less than one-for-one basis.


Preference Shares—The Company is authorized to issue 1,000,000 preference shares with such designations, voting and other rights and preferences as may be determined from time to time by the Company’s board of directors. As of March 31, 2021 and December 31, 2020, there were no preference shares issued or outstanding.


XML 25 R14.htm IDEA: XBRL DOCUMENT v3.21.1
Fair Value Measurements
3 Months Ended
Mar. 31, 2021
Fair Value Disclosures [Abstract]  
Fair Value Measurements

Note 8—Fair Value Measurements


The following table presents information about the Company’s assets that are measured at fair value on a recurring basis as of March 31, 2021 and December 31, 2020 and indicates the fair value hierarchy of the valuation techniques that the Company utilized to determine such fair value.


   Fair Value Measured as of March 31, 2021 
   Level 1   Level 2   Level 3   Total 
Assets                
Investments held in Trust Account - U.S. Treasury Securities  $345,258,401   $-   $-   $345,258,401 
Liabilities:                    
Warrant liabilities - public warrants   19,837,500    -    -    19,837,500 
Warrant liabilities - private warrants   -    -    11,303,000    11,303,000 

   Fair Value Measured as of December 31, 2020 
   Level 1   Level 2   Level 3   Total 
Assets                
Investments held in Trust Account - U.S. Treasury Securities  $345,191,130   $-   $-   $345,191,130 
Liabilities:                    
Warrant liabilities - public warrants   18,112,500    -    -    18,112,500 
Warrant liabilities - private warrants   -    -    11,303,000    11,303,000 

Transfers to/from Levels 1, 2, and 3 are recognized at the end of the reporting period. There were no transfers between levels for three months ended March 31, 2021.


The fair value of warrants issued in connection with the Private Placement has been estimated using Black-Scholes Options Pricing model at each balance sheet date. The fair value of the warrants issued in connection with the Initial Public Offering was initially measured using a Black-Scholes Options Pricing model and subsequently been measured based on the market price of such warrants at each measurement date when separately listed and traded. For the three months ended March 31, 2021, the Company recognized a charge to the statements of operations resulting from an increase in the fair value of liabilities of approximately $1.7 million presented as change in fair value of derivative warrant liabilities on the accompanying statement of operations.


There is no change in the fair value of the Level 3 derivative warrant liabilities during the three months ended March 31, 2021. 


The estimated fair value of the derivative warrant liabilities of the private warrants is determined using Level 3 inputs. Inherent in a Black-Scholes Options Pricing model are assumptions related to expected stock-price volatility, expected life, risk-free interest rate and dividend yield. The Company estimates the volatility of its ordinary shares based on historical volatility of select peer companies that matches the expected remaining life of the warrants. The risk-free interest rate is based on the U.S. Treasury zero-coupon yield curve on the grant date for a maturity similar to the expected remaining life of the warrants. The expected life of the warrants is assumed to be equivalent to their remaining contractual term. The dividend rate is based on the historical rate, which the Company anticipates remaining at zero.


The following table provides quantitative information regarding Level 3 fair value measurements inputs:


   March 31,
2021
   As of December 31,
2020
 
Exercise price  $11.50   $11.50 
Stock Price  $9.94   $10.16 
Term (in years)   5.50    5.50 
Volatility   23.50%   23.5%
Risk-free interest rate   1.00%   0.5%
Dividend yield   0.00%   0.00%

XML 26 R15.htm IDEA: XBRL DOCUMENT v3.21.1
Subsequent Events
3 Months Ended
Mar. 31, 2021
Subsequent Events [Abstract]  
Subsequent Events

Note 9—Subsequent Events


On April 15, 2021, the Company entered into an agreement and plan of merger, by and among the Company, Snowball Merger Sub, Inc., a Delaware corporation and a direct, wholly-owned subsidiary of the Company, Vicarious Surgical Inc. (“Vicarious Surgical”), and Adam Sachs, in his capacity as the stockholder representative (as it may be amended and/or restated from time to time).


There is no assurance that the Company’s plans to consummate its Initial Business Combination with Vicarious Surgical.


Management has evaluated subsequent events to determine if events or transactions occurring through the date the financial statements were issued required potential adjustment to or disclosure in the financial statements and has concluded that all such events that would require recognition or disclosure have been recognized or disclosed.


XML 27 R16.htm IDEA: XBRL DOCUMENT v3.21.1
Accounting Policies, by Policy (Policies)
3 Months Ended
Mar. 31, 2021
Accounting Policies [Abstract]  
Basis of Presentation

Basis of Presentation


The accompanying unaudited condensed financial statements of the Company have been prepared in accordance with United States generally accepted accounting principles (“U.S. GAAP”) for interim financial information and Article 8 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP. In the opinion of management, all adjustments (consisting of normal accruals) considered for a fair presentation have been included. Operating results for the three months ended March 31, 2021 are not necessarily indicative of the results that may be expected for the year ending December 31, 2021.


The accompanying unaudited condensed financial statements should be read in conjunction with the audited financial statements and notes thereto included in the Company’s Annual Report on Form 10K/A filed with the SEC on May [●], 2021.

Emerging Growth Company

Emerging Growth Company


As an emerging growth company, the Company may take advantage of certain exemptions from various reporting requirements that are applicable to other public companies that are not emerging growth companies including, but not limited to, not being required to comply with the auditor attestation requirements of Section 404 of the Sarbanes-Oxley Act of 2002, reduced disclosure obligations regarding executive compensation in its periodic reports and proxy statements, and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and shareholder approval of any golden parachute payments not previously approved.


Further, Section 102(b)(1) of the JOBS Act exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that have not had a Securities Act registration statement declared effective or do not have a class of securities registered under the Exchange Act) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that an emerging growth company can elect to opt out of the extended transition period and comply with the requirements that apply to non-emerging growth companies but any such election to opt out is irrevocable. The Company has elected not to opt out of such extended transition period which means that when a standard is issued or revised and it has different application dates for public or private companies, the Company, as an emerging growth company, can adopt the new or revised standard at the time private companies adopt the new or revised standard. This may make comparison of the Company’s financial statements with another public company which is neither an emerging growth company nor an emerging growth company which has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used. This may make comparison of the Company’s financial statement with another public company that is neither an emerging growth company nor an emerging growth company that has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used.

Use of Estimates

Use of Estimates


The preparation of financial statements in conformity with U.S. GAAP requires the Company’s management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements. Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. One of the more significant accounting estimates included in these financial statements is the determination of the fair value of the warrant liability. Such estimates may be subject to change as more current information becomes available and accordingly the actual results could differ significantly from those estimates.

Cash and Cash Equivalents

Cash and Cash Equivalents


The Company considers all short-term investments with an original maturity of three months or less when purchased to be cash equivalents. There were no cash equivalents held outside the Trust Account as of March 31, 2021 and December 31, 2020.

Investments Held in Trust Accounts

Investments Held in Trust Accounts


The Company’s portfolio of investments is comprised solely of U.S. government securities, within the meaning set forth in Section 2(a)(16) of the Investment Company Act, with a maturity of 185 days or less, or investments in money market funds that invest in U.S. government securities, or a combination thereof. The Company’s investments held in the Trust Accounts are classified as trading securities. Trading securities are presented on the balance sheet at fair value at the end of each reporting period. Gains and losses resulting from the change in fair value of these securities is included in gain on investment (net), dividends and interest held in Trust Account in the accompanying unaudited condensed statement of operations. The estimated fair values of investments held in the Trust Accounts are determined using available market information.

Concentration of Credit Risk

Concentration of Credit Risk


Financial instruments that potentially subject the Company to concentrations of credit risk consist of cash accounts in a financial institution, which, at times, may exceed the Federal Depository Insurance Coverage of $250,000, and investments held in Trust Accounts. The Company has not experienced losses on these accounts and management believes the Company is not exposed to significant risks on such accounts.

Fair Value of Financial Instruments

Fair Value of Financial Instruments


Fair value is defined as the price that would be received for sale of an asset or paid for transfer of a liability, in an orderly transaction between market participants at the measurement date. U.S. GAAP establishes a three-tier fair value hierarchy, which prioritizes the inputs used in measuring fair value.


The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). These tiers include:


Level 1, defined as observable inputs such as quoted prices for identical instruments in active markets;

Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable such as quoted prices for similar instruments in active markets or quoted prices for identical or similar instruments in markets that are not active; and

Level 3, defined as unobservable inputs in which little or no market data exists, therefore requiring an entity to develop its own assumptions, such as valuations derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable.

In some circumstances, the inputs used to measure fair value might be categorized within different levels of the fair value hierarchy. In those instances, the fair value measurement is categorized in its entirety in the fair value hierarchy based on the lowest level input that is significant to the fair value measurement.


As of March 31, 2021 and December 31, 2020, the carrying values of cash, prepaid expenses, accounts payable and accrued expenses approximate their fair values due to the short-term nature of the instruments. The Company’s portfolio of investments held in the Trust Accounts are comprised of investments in U.S. Treasury securities with an original maturity of 185 days or less or investments in money market funds that invest in U.S. government securities, or a combination thereof. The fair value for trading securities is determined using quoted market prices in active markets.

Offering Costs Associated with the Initial Public Offering

Offering Costs Associated with the Initial Public Offering


The Company complies with the requirements of the FASB ASC Topic 340-10-S99-1 and SEC Staff Accounting Bulletin Topic 5A – “Expenses of Offering.” Offering costs consist of costs incurred in connection with the formation and preparation for the Initial Public Offering. These costs, together with the underwriting discount, were charged to additional paid-in capital upon the completion of the Initial Public Offering. Offering costs associated with warrant liabilities were expensed as incurred. Offering costs associated with the Class A ordinary shares were charged to stockholders’ equity upon the completion of the Initial Public Offering.

Class A Ordinary Shares Subject to Possible Redemption

Class A Ordinary Shares Subject to Possible Redemption


The Company accounts for its Class A ordinary shares subject to possible redemption in accordance with the guidance in ASC Topic 480 “Distinguishing Liabilities from Equity.” Class A ordinary shares subject to mandatory redemption (if any) are classified as liability instruments and are measured at fair value. Conditionally redeemable Class A ordinary shares (including Class A ordinary shares that feature redemption rights that are either within the control of the holder or subject to redemption upon the occurrence of uncertain events not solely within the Company’s control) are classified as temporary equity. At all other times, Class A ordinary shares are classified as shareholders’ equity. The Company’s Class A ordinary shares feature certain redemption rights that are considered to be outside of the Company’s control and subject to the occurrence of uncertain future events. Accordingly, at March 31, 2021 and December 31, 2020, 29,662,115 and 29,980,468 Class A ordinary shares subject to possible redemption are presented as temporary equity, outside of the shareholders’ equity section of the Company’s balance sheets.

Income Taxes

Income Taxes


FASB ASC 740 prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more likely than not to be sustained upon examination by taxing authorities. There were no unrecognized tax benefits as of March 31, 2021 and December 31, 2020. The Company’s management determined that the Cayman Islands is the Company’s only major tax jurisdiction. The Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense. No amounts were accrued for the payment of interest and penalties as of March 31, 2021 and December 31, 2020. The Company is currently not aware of any issues under review that could result in significant payments, accruals or material deviation from its position.


The Company is considered an exempted Cayman Islands company and is presently not subject to income taxes or income tax filing requirements in the Cayman Islands or the United States. As such, the Company’s tax provision was zero for the periods presented. The Company’s management does not expect that the total amount of unrecognized tax benefits will materially change over the next twelve months.

Net Income (Loss) per Ordinary Share

Net Income (Loss) per Ordinary Share


The Company complies with accounting and disclosure requirements of ASC Topic 260, “Earnings Per Share.” Net income (loss) per ordinary share is computed by dividing net income (loss) by the weighted average number of ordinary shares outstanding during the period. The Company has not considered the effect of the warrants sold in the Initial Public Offering and Private Placement to purchase an aggregate of 26,150,000 shares of Class A ordinary shares in the calculation of diluted earnings per ordinary share, since their inclusion would be anti-dilutive under the treasury stock method. As a result, diluted loss per ordinary share is the same as basic loss per share for the period presented.


The Company’s statement of operations include a presentation of income per share for ordinary shares subject to redemption in a manner similar to the two-class method of income per share. Net income per share, basic and diluted for Class A ordinary shares is calculated by dividing the investment income earned on the Trust Account of approximately $67,000 for the three months ended March 31, 2021 by the weighted average number of shares of Class A ordinary shares outstanding for the period. Net loss per share, basic and diluted for Class B ordinary shares for the three months ended March 31, 2021 is calculated by dividing the net loss of approximately $3.2 million, less income attributable to Class A ordinary shares, by the weighted average number of shares of Class B ordinary shares outstanding for the period.

Derivative warrant liabilities

Derivative warrant liabilities


The Company does not use derivative instruments to hedge exposures to cash flow, market, or foreign currency risks. The Company evaluates all of its financial instruments, including issued shares purchase warrants, to determine if such instruments are derivatives or contain features that qualify as embedded derivatives, pursuant to ASC 480 and ASC 815-15. The classification of derivative instruments, including whether such instruments should be recorded as liabilities or as equity, is re-assessed at the end of each reporting period.


The Company accounts for its 26,150,000 warrants issued in connection with its Initial Public Offering (17,250,000) and Private Placement (8,900,000) as derivative warrant liabilities in accordance with ASC 815-40. Accordingly, the Company recognizes the warrant instruments as liabilities at fair value and adjusts the instruments to fair value at each reporting period. The liabilities are subject to re-measurement at each balance sheet date until exercised, and any change in fair value is recognized in the Company’s statements of operations. The fair value of warrants issued in connection with the Private Placement has been estimated using Black-Scholes Options Pricing model at each balance sheet date. The fair value of the warrants issued in connection with the Initial Public Offering was initially measured using a Black-Scholes Options Pricing model and subsequently been measured at each measurement date based on the market price of such warrants.

Recent Adopted Accounting Standards

Recent Adopted Accounting Standards


In August 2020, the FASB issued ASU No. 2020-06, Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging— Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity (“ASU 2020-06”), which simplifies accounting for convertible instruments by removing major separation models required under current GAAP. The ASU also removes certain settlement conditions that are required for equity-linked contracts to qualify for the derivative scope exception, and it simplifies the diluted earnings per share calculation in certain areas. The Company adopted ASU 2020-06 on January 1, 2021. Adoption of the ASU did not impact the Company’s financial position, results of operations or cash flows.

Recent Issued Accounting Standards

Recent Issued Accounting Standards


The Company’s management does not believe that any recently issued, but not yet effective, accounting standards updates, if currently adopted, would have a material effect on the accompanying financial statement.

XML 28 R17.htm IDEA: XBRL DOCUMENT v3.21.1
Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2021
Fair Value Disclosures [Abstract]  
Schedule of carrying value, excluding gross unrealized holding loss and fair value of held to maturity securities
   Fair Value Measured as of March 31, 2021 
   Level 1   Level 2   Level 3   Total 
Assets                
Investments held in Trust Account - U.S. Treasury Securities  $345,258,401   $-   $-   $345,258,401 
Liabilities:                    
Warrant liabilities - public warrants   19,837,500    -    -    19,837,500 
Warrant liabilities - private warrants   -    -    11,303,000    11,303,000 
   Fair Value Measured as of December 31, 2020 
   Level 1   Level 2   Level 3   Total 
Assets                
Investments held in Trust Account - U.S. Treasury Securities  $345,191,130   $-   $-   $345,191,130 
Liabilities:                    
Warrant liabilities - public warrants   18,112,500    -    -    18,112,500 
Warrant liabilities - private warrants   -    -    11,303,000    11,303,000 
Schedule of quantitative information regarding Level 3 fair value measurements
   March 31,
2021
   As of December 31,
2020
 
Exercise price  $11.50   $11.50 
Stock Price  $9.94   $10.16 
Term (in years)   5.50    5.50 
Volatility   23.50%   23.5%
Risk-free interest rate   1.00%   0.5%
Dividend yield   0.00%   0.00%
XML 29 R18.htm IDEA: XBRL DOCUMENT v3.21.1
Description of Organization and Business Operations (Details) - USD ($)
1 Months Ended 3 Months Ended
Jul. 24, 2020
Jul. 17, 2020
Mar. 31, 2021
Dec. 31, 2020
Description of Organization and Business Operations (Details) [Line Items]        
Share price (in Dollars per share)     $ 9.94 $ 10.16
Generating gross proceeds $ 900,000      
Business combination agreement, description     In the event of such distribution, it is possible that the per share value of the residual assets remaining available for distribution (including Trust Account assets) will be only $10.00 per share initially held in the Trust Account. In order to protect the amounts held in the Trust Account, the Sponsor has agreed to be liable to the Company if and to the extent any claims by a third party for services rendered or products sold to the Company, or a prospective target business with which the Company has entered into a written letter of intent, confidentiality or other similar agreement or business combination agreement, reduce the amount of funds in the Trust Account to below the lesser of (i) $10.00 per public share and (ii) the actual amount per Public Share held in the Trust Account as of the date of the liquidation of the trust account, if less than $10.00 per share due to reductions in the value of the trust assets, less taxes payable. This liability will not apply with respect to any claims by a third party who executed a waiver of any and all rights to the monies held in the Trust Account (whether or not such waiver is enforceable) or to any claims under the Company’s indemnity of the underwriters of the Initial Public Offering against certain liabilities, including liabilities under the Securities Act of 1933, as amended (the “Securities Act”).  
Underwriting fees 19,500,000      
Deferred underwriting fees 12,100,000      
Offering costs   $ 19,500,000    
Business combination acquires, percentage     20.00%  
Business combination acquire, description     The Company will provide its holders (the “Public Shareholders”) of its Class A ordinary shares, par value $0.0001, sold in the Initial Public Offering, with the opportunity to redeem all or a portion of their Public Shares upon the completion of a Business Combination either (i) in connection with a general meeting called to approve the Business Combination or (ii) by means of a tender offer. The decision as to whether the Company will seek shareholder approval of a Business Combination or conduct a tender offer will be made by the Company, solely in its discretion. The Public Shareholders will be entitled to redeem their Public Shares for a pro rata portion of the amount then in the Trust Account (initially anticipated to be $10.00 per Public Share). The per-share amount to be distributed to Public Shareholders who redeem their Public Shares will not be reduced by the deferred underwriting commissions the Company will pay to the underwriters (as discussed in Note 5). These Public Shares were classified as temporary equity upon the completion of the Initial Public Offering in accordance with the Financial Accounting Standards Board’s (“FASB”) Accounting Standards Codification (“ASC”) Topic 480 “Distinguishing Liabilities from Equity.” In such case, the Company will proceed with a Business Combination if the Company has net tangible assets of at least $5,000,001 and the approval of an ordinary resolution.  
Business combination redeem     100.00%  
Dissolution expenses Interest     $ 100,000  
Operating bank account     1,000,000  
Working capital     422,000  
Payment for liquidity needs     25,000  
Note issued to sponsor     $ 127,000  
Initial Public Offering [Member]        
Description of Organization and Business Operations (Details) [Line Items]        
Number of proposed public offering units (in Shares)   30,000,000    
Share price (in Dollars per share)   $ 10.00 $ 10.00  
Generating gross proceeds   $ 300,000,000 $ 345,000,000  
Business combination agreement, description   Each Unit consists of one Class A ordinary share (the “Public Shares”) of the Company, par value $0.0001, and one-half of one redeemable warrant (the “Public Warrants”) of the Company, with each whole warrant entitled to purchase one Class A Ordinary Share for $11.50 per share, subject to adjustment.    
Fair market value, percentage     80.00%  
Business combination acquires, percentage     50.00%  
Over-Allotment Option [Member]        
Description of Organization and Business Operations (Details) [Line Items]        
Generating gross proceeds $ 45,000,000      
Number of additional units purchased (in Shares) 4,500,000 45,000,000    
Private Placement [Member]        
Description of Organization and Business Operations (Details) [Line Items]        
Number of proposed public offering units (in Shares)   8,000,000    
Share price (in Dollars per share)   $ 1.00 $ 1.00  
Generating gross proceeds     $ 8,000,000  
Number of warrants consummated (in Shares)     8,000,000  
Purchase price per unit (in Dollars per share)     $ 11.50  
Offering costs   $ 16,000 $ 16,000  
Number of additional warrants sale to sponsor (in Shares) 900,000      
XML 30 R19.htm IDEA: XBRL DOCUMENT v3.21.1
Basic of Presentation and Summary of Significant Accounting Policies (Details) - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2021
Dec. 31, 2020
Basic of Presentation and Summary of Significant Accounting Policies (Details) [Line Items]    
Federal depository insurance $ 250,000  
Purchase an aggregate share of common stock (in Shares) 26,150,000  
Net loss per share basic and diluted amount $ 3,200,000  
Issuance of warrant (in Shares) 26,150,000  
Trust Account [Member]    
Basic of Presentation and Summary of Significant Accounting Policies (Details) [Line Items]    
Investment income $ 67,000  
Initial Public offering [Member]    
Basic of Presentation and Summary of Significant Accounting Policies (Details) [Line Items]    
Derivative warrant liabilities 17,250,000  
Private Placement [Member]    
Basic of Presentation and Summary of Significant Accounting Policies (Details) [Line Items]    
Derivative warrant liabilities $ 8,900,000  
Class A ordinary shares [Member]    
Basic of Presentation and Summary of Significant Accounting Policies (Details) [Line Items]    
Ordinary shares subject to possible redemption (in Shares) 29,662,115 29,980,468
XML 31 R20.htm IDEA: XBRL DOCUMENT v3.21.1
Initial Public Offering (Details) - USD ($)
1 Months Ended 3 Months Ended
Jul. 24, 2020
Jul. 17, 2020
Mar. 31, 2021
Dec. 31, 2020
Initial Public Offering (Details) [Line Items]        
Sale of share per unit (in Dollars per share)     $ 9.94 $ 10.16
Total offering costs   $ 19,500,000    
Deferred underwriting fees   $ 12,100,000    
Initial public offering unit, description     Each Unit consists of one Class A ordinary share, par value $0.0001 and one-half of one redeemable warrant.  
IPO [Member]        
Initial Public Offering (Details) [Line Items]        
Number of proposed public offering units. (in Shares)   30,000,000    
Sale of share per unit (in Dollars per share)   $ 10.00 $ 10.00  
Gross proceeds   $ 300,000,000    
Over-Allotment Option [Member]        
Initial Public Offering (Details) [Line Items]        
Gross proceeds   $ 4,500,000    
Number of additional units purchased (in Shares) 4,500,000 45,000,000    
Class A ordinary shares [Member]        
Initial Public Offering (Details) [Line Items]        
Sale of share per unit (in Dollars per share)   $ 11.50    
Ordinary share, par value (in Dollars per share)     $ 0.0001 $ 0.0001
XML 32 R21.htm IDEA: XBRL DOCUMENT v3.21.1
Related Party Transactions (Details) - USD ($)
1 Months Ended 3 Months Ended
Jul. 14, 2020
May 14, 2020
Jun. 25, 2021
Jul. 24, 2020
Jul. 17, 2020
Mar. 31, 2021
Dec. 31, 2020
Related Party Transactions (Details) [Line Items]              
Sale of share per unit (in Dollars per share)           $ 9.94 $ 10.16
Offering costs         $ 19,500,000    
Warrant exercisable (in Dollars per share)           $ 11.50  
Sponsor loan amount   $ 300,000          
Borrowing amount   127,000          
Working capital loans           $ 1,500,000  
Office space           10,000  
Administrative fees           $ 30,000  
Founder Shares [Member]              
Related Party Transactions (Details) [Line Items]              
Cash paid   $ 25,000          
Ordinary share, par value (in Dollars per share)   $ 0.003          
Number of founder shares (in Shares)     7,097,500        
Founder shares, description the Company effected a share capitalization of 1,437,500 Founder Shares resulting in 8,625,000 Class B ordinary shares outstanding, of which the Sponsor now holds 8,535,000 Founder Shares. All shares and the associated amounts have been retroactively restated to reflect the share capitalization. Of the 8,625,000 Founder Shares outstanding, up to 1,125,000 Founder Shares were subject to forfeiture to the extent that the over-allotment option was not exercised in full by the underwriters, so that the Founder Shares will represent 20.0% of the Company’s issued and outstanding shares after the Initial Public Offering. The underwriters exercised their over-allotment option in full on July 24, 2020. As a result, these shares were no longer subject to forfeiture.         (1) the closing price of Class A ordinary shares equals or exceeds $12.00 per share (as adjusted for share sub-divisions, share capitalizations, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the initial Business Combination or (2) if the Company consummates a transaction after the initial Business Combination which results in the Company’s shareholders having the right to exchange their shares for cash, securities or other property, the Founder Shares will be released from the lock-up.  
Private Placement Warrants [Member]              
Related Party Transactions (Details) [Line Items]              
Number of proposed public offering units (in Shares)         8,000,000    
Sale of share per unit (in Dollars per share)         $ 1.00 $ 1.00  
Gross proceeds       $ 900,000 $ 8,000,000    
Offering costs         $ 16,000 $ 16,000  
Number of additional warrants sale to sponsor (in Shares)       900,000      
Warrant exercisable (in Dollars per share)           $ 1.00  
Robert Kirby [Member]              
Related Party Transactions (Details) [Line Items]              
Number of founder shares (in Shares)     15,000        
Michael Kives [Member]              
Related Party Transactions (Details) [Line Items]              
Number of founder shares (in Shares)     25,000        
Fred Langhammer [Member]              
Related Party Transactions (Details) [Line Items]              
Number of founder shares (in Shares)     25,000        
Terry Lundgren [Member]              
Related Party Transactions (Details) [Line Items]              
Number of founder shares (in Shares)     25,000        
Class B ordinary shares [Member]              
Related Party Transactions (Details) [Line Items]              
Ordinary share, par value (in Dollars per share)           0.0001 0.0001
Class B ordinary shares [Member] | Founder Shares [Member]              
Related Party Transactions (Details) [Line Items]              
Ordinary share, par value (in Dollars per share)   $ 0.0001          
Shares issued (in Shares)   7,187,500          
Class A ordinary share [Member]              
Related Party Transactions (Details) [Line Items]              
Ordinary share, par value (in Dollars per share)           0.0001 $ 0.0001
Sale of share per unit (in Dollars per share)         $ 11.50    
Warrant exercisable (in Dollars per share)           $ 11.50  
XML 33 R22.htm IDEA: XBRL DOCUMENT v3.21.1
Commitments and Contingencies (Details)
3 Months Ended
Mar. 31, 2021
shares
Commitments and Contingencies (Details) [Line Items]  
Underwriting agreement, description The underwriters were paid a cash underwriting discount of $0.20 per unit, or $6.9 million in the aggregate, paid upon the closing of the Initial Public Offering. In addition, $0.35 per unit, or approximately $12.1 million in the aggregate, will be payable to the underwriters for deferred underwriting commissions.
Over-Allotment Option [Member]  
Commitments and Contingencies (Details) [Line Items]  
Purchase of additional units 4,500,000
XML 34 R23.htm IDEA: XBRL DOCUMENT v3.21.1
Derivative Warrant Liabilities (Details) - $ / shares
3 Months Ended
Mar. 31, 2021
Dec. 31, 2020
Derivative Warrant Liabilities (Details) [Line Items]    
Warrant exercisable $ 11.50  
Warrant expire term 5 years  
Business combination, description If (x) the Company issues additional Class A ordinary shares or equity-linked securities for capital raising purposes in connection with the closing of its initial Business Combination at an issue price or effective issue price of less than $9.20 per Class A ordinary share (with such issue price or effective issue price to be determined in good faith by the Company’s board of directors and, in the case of any such issuance to the initial shareholders or their affiliates, without taking into account any Founder Shares held by the initial shareholders or such affiliates, as applicable, prior to such issuance) (the “Newly Issued Price”), (y) the aggregate gross proceeds from such issuances represent more than 60% of the total equity proceeds, and interest thereon, available for the funding of the initial Business Combination on the date of the consummation of our initial business combination (net of redemptions), and (z) the volume weighted average trading price of the Class A ordinary shares during the 10 trading day period starting on the trading day prior to the day on which the Company consummates the initial Business Combination (such price, the “Market Value”) is below $9.20 per share, the exercise price of the Warrants will be adjusted (to the nearest cent) to be equal to 115% of the higher of the Market Value and the Newly Issued Price, and the $18.00 per share redemption trigger prices described below under “Redemption of Warrants when the price per Class A ordinary share equals or exceeds $18.00” will be adjusted (to the nearest cent) to be equal to 180% of the higher of the Market Value and the Newly Issued Price, and the $10.00 per share redemption trigger price described below under “Redemption of Warrants when the price per Class A ordinary share equals or exceeds $10.00” will be adjusted (to the nearest cent) to be equal to the higher of the Market Value and the Newly Issued Price.  
Warrant outstanding 26,150,000 26,150,000
Exercise price $18.00 [Member]    
Derivative Warrant Liabilities (Details) [Line Items]    
Warrants, description Redemption of Warrants when the price per Class A ordinary share equals or exceeds $18.00. The Company may call the Public Warrants for redemption: ●in whole and not in part; ●at a price of $0.01 per warrant; ●upon a minimum of 30 days’ prior written notice of redemption; and ●if, and only if, the last reported sale price of the Class A ordinary shares equals or exceeds $18.00 per share (as adjusted) for any 20 trading days within a 30-trading day period ending on the third trading day prior to the date on which the Company sends the notice of redemption to the warrant holders.  
Exercise price $10.00 [Member]    
Derivative Warrant Liabilities (Details) [Line Items]    
Warrants, description Redemption of Warrants when the price per Class A ordinary share equals or exceeds $10.00. The Company may also redeem the outstanding Public Warrants once they become exercisable: ●in whole and not in part; ●at a price of $0.10 per warrant; ●upon a minimum of 30 days’ prior written notice of redemption; provided that holders will be able to exercise their warrants on a cashless basis prior to redemption and receive that number of shares based on the redemption date and the “fair market value” of the Company’s Class A ordinary shares; and ●if, and only if, the last reported sale price of the Class A ordinary shares equals or exceeds $10.00 per share (as adjusted) for any 20 trading days within a 30-trading day period ending three trading days before the Company sends the notice of redemption to the warrant holders.  
XML 35 R24.htm IDEA: XBRL DOCUMENT v3.21.1
Shareholders' Equity (Details) - $ / shares
3 Months Ended 12 Months Ended
Jul. 14, 2020
Mar. 31, 2021
Dec. 31, 2020
May 14, 2020
Shareholders' Equity (Details) [Line Items]        
Initial shareholder percentage   20.00%    
Percentage of class A ordinary shares outstanding   20.00%    
Preference shares, shares authorized   1,000,000 1,000,000  
Founder Shares [Member]        
Shareholders' Equity (Details) [Line Items]        
Ordinary shares, par value (in Dollars per share)       $ 0.003
Class A ordinary shares [Member]        
Shareholders' Equity (Details) [Line Items]        
Ordinary shares, authorized   200,000,000 200,000,000  
Ordinary shares, par value (in Dollars per share)   $ 0.0001 $ 0.0001  
Ordinary shares, shares issued   4,837,885 4,519,532  
Ordinary shares, outstanding   4,837,885 4,519,532  
Ordinary shares subject to possible Redemption   29,662,115 29,980,468  
Class B ordinary shares [Member]        
Shareholders' Equity (Details) [Line Items]        
Ordinary shares, authorized   20,000,000 20,000,000  
Ordinary shares, par value (in Dollars per share)   $ 0.0001 $ 0.0001  
Ordinary shares, shares issued   8,625,000 8,625,000  
Ordinary shares, outstanding 8,625,000 8,625,000 8,625,000  
Issuance of common shares       7,187,500
Aggregate of ordinary shares 8,625,000      
Subject to forfeiture shares 1,125,000      
Class B ordinary shares [Member] | Founder Shares [Member]        
Shareholders' Equity (Details) [Line Items]        
Ordinary shares, par value (in Dollars per share)       $ 0.0001
share capitalization 1,437,500      
XML 36 R25.htm IDEA: XBRL DOCUMENT v3.21.1
Fair Value Measurements (Details)
$ in Millions
Mar. 31, 2021
USD ($)
Fair Value Disclosures [Abstract]  
Change in fair value of derivative warrant liabilities $ 1.7
XML 37 R26.htm IDEA: XBRL DOCUMENT v3.21.1
Fair Value Measurements (Details) - Schedule of carrying value, excluding gross unrealized holding loss and fair value of held to maturity securities - USD ($)
Mar. 31, 2021
Dec. 31, 2020
Assets    
Investments held in Trust Account - U.S. Treasury Securities $ 345,258,401 $ 345,191,130
Liabilities:    
Warrant liabilities - public warrants 19,837,500 18,112,500
Warrant liabilities - private warrants 11,303,000 11,303,000
Level 1 [Member]    
Assets    
Investments held in Trust Account - U.S. Treasury Securities 345,258,401 345,191,130
Liabilities:    
Warrant liabilities - public warrants 19,837,500 18,112,500
Warrant liabilities - private warrants
Level 2 [Member]    
Assets    
Investments held in Trust Account - U.S. Treasury Securities
Liabilities:    
Warrant liabilities - public warrants
Warrant liabilities - private warrants
Level 3 [Member]    
Assets    
Investments held in Trust Account - U.S. Treasury Securities
Liabilities:    
Warrant liabilities - public warrants
Warrant liabilities - private warrants $ 11,303,000 $ 11,303,000
XML 38 R27.htm IDEA: XBRL DOCUMENT v3.21.1
Fair Value Measurements (Details) - Schedule of quantitative information regarding Level 3 fair value measurements - $ / shares
3 Months Ended 8 Months Ended
Mar. 31, 2021
Dec. 31, 2020
Schedule of quantitative information regarding Level 3 fair value measurements [Abstract]    
Exercise price (in Dollars per share) $ 11.50 $ 11.50
Stock Price (in Dollars per share) $ 9.94 $ 10.16
Term (in years) 5 years 6 months 5 years 6 months
Volatility 23.50% 23.50%
Risk-free interest rate 1.00% 0.50%
Dividend yield 0.00% 0.00%
EXCEL 39 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx M4$L#!!0 ( ,F&N%('04UB@0 +$ 0 9&]C4')O<',O87!P+GAM M;$V./0L",1!$_\IQO;=!P4)B0-!2L+(/>QLOD&1#LD)^OCG!CVX>;QA&WPIG M*N*I#BV&5(_C(I(/ !47BK9.7:=N')=HI6-Y #OGDK7A.YNJQ<&4GPZ4A!0W_J=0U[R;UEA_6\#MI7E!+ P04 M " #)AKA2Q3,_H^\ K @ $0 &1O8U!R;W!S+V-O&ULS9+/ M:L,P#(=?9?B>*$G_P$SJR\9.+0Q6V-C-R&IK%B?&UDCZ]G.R-F5L#["CI9\_ M?0+5Z"5V@9Y#YRFPI7@WN*:-$OU&G)B]!(AX(J=CGA)M:AZZX#2G9SB"U_BA MCP154:S!$6NC6<,(S/Q,%*HV*#&0YBY<\ 9GO/\,S00S"-20HY8CE'D)0HT3 M_7EH:K@!1AA3-P_"54559D5JZQ:[LNU7"UE&UL[5I;<]HX%'[OK]!X9_9M"\8V@;:T$W-I=MNTF83M M3A^%$5B-;'EDD81_OTV23;J;/ 0LZ?O.14?GZ#AY\^XN8NB&B)3R M> +]O6N[!3+ MUES@6QHO(];JM-O=5H1I;*$81V1@?5XL:$#05%%:;U\@M.4?,_@5RU2-9:,! M$U=!)KF(M/+Y;,7\VMX^9<_I.ATR@6XP&U@@?\YOI^1.6HCA5,+$P&IG/U9K MQ]'22(""R7V4!;I)]J/3%0@R#3LZG5C.=GSVQ.V?C,K:=#1M&N#C\7@XMLO2 MBW A(5M>5 TR M6'!VULS2 Y9>*?IUE!K9';O=05SP6.XYB1'^QL4$UFG2&98T1G*=D 4. #?$ MT4Q0?*]!MHK@PI+27)#6SRFU4!H(FLB!]4>"(<7K;YH] M5Z%82=J$^!!&&N*<<^9ST6S[!Z5&T?95O-RCEU@5 9<8WS2J-2S%UGB5P/&M MG#P=$Q+-E L&08:7)"82J3E^34@3_BNEVOZKR2.FJW"$2M"/F(9 M-AIRM1:!MG&IA&!:$L;1>$[2M!'\6:PUDSY@R.S-D77.UI$.$9)>-T(^8LZ+ MD!&_'H8X2IKMHG%8!/V>7L-)P>B"RV;]N'Z&U3-L+([W1]072N0/)J<_Z3(T M!Z.:60F]A%9JGZJ'-#ZH'C(*!?&Y'C[E>G@*-Y;&O%"N@GL!_]':-\*K^(+ M.7\N?<^E[[GT/:'2MSAD6R4)RU3393>* M$IY"&V[I4_5*E=?EK[DHN#Q;Y.FOH70^+,_Y/%_GM,T+,T.WF)&Y M"M-2D&_#^>G%>!KB.=D$N7V85VWGV-'1^^?!4;"C[SR6'<>(\J(A[J&&F,_# M0X=Y>U^89Y7&4#04;6RL)"Q&MV"XU_$L%.!D8"V@!X.O40+R4E5@,5O& RN0 MHGQ,C$7H<.>77%_CT9+CVZ9EM6ZO*7<9;2)2.<)IF!-GJ\K>9;'!51W/55OR ML+YJ/;053L_^6:W(GPP13A8+$DACE!>F2J+S&5.^YRM)Q%4XOT4SMA*7&+SC MYL=Q3E.X$G:V#P(RN;LYJ7IE,6>F\M\M# DL6XA9$N)-7>W5YYNTB42%(JP# 4A M%W+C[^^3:G>,U_HL@6V$5#)DU1?*0XG!/3-R0]A4)?.NVB8+A=OB5,V[&KXF M8$O#>FZ=+2?_VU[4/;07/4;SHYG@'K.' MYA,L0Z1^P7V*BH 1JV*^NJ]/^26<.[1[\8$@F_S6VZ3VW> ,?-2K6J5D*Q$_ M2P=\'Y(&8XQ;]#1?CQ1BK::QK<;:,0QY@%CS#*%F.-^'19H:,]6+K#F-"F]! MU4#E/]O4#6CV#30,9FV-J/D3@H\W/[O#;#"Q([A[8N_ 5!+ P04 M" #)AKA2WW5QD3L$ #P$ & 'AL+W=O*+< 3VV(E.81_OT?R M%TF-3+M3+L ?.J\>'4FO)$8'+A[ECC&%GI,XE>/.3JG].\>1P8XE5%[Q/4OA MS8:+A"JX%5M'[@6CH0E*8H>X[L!):)1V)B/S;"DF(YZI.$K94B"9)0D5QQF+ M^6'[IE:Z;^WB\%W#F52A@E+)413Y%@FW%GBM_Y9* # M3(GO$3O(DVNDF_+ ^:.^683CCJN)6,P"I24H_#PQG\6Q5@*.?PO13E6G#CR] M+M7GIO'0F %;$.S6*WXX2,K&M37>@&/I?E&A[QLK]=! M02853XI@($BB-/^EST4B3@((.1- B@#R*@![9P*\(L S# ' M)'1I4-,7)CXB MN:."R9&CH#8=XP2%\BQ7)F>4/?2%IVHG035DX>4RW323V^ V-);-P#"N.X24CR <2 ?E9P$1\1I_8L8G(KN2Z M+AYB@J\]"]9-A75S$5;1>RNVYT)%Z1:M%559H]78!7^\]J<76-BMO="]!&P> MQ4P@'P;1EHO&9+7HW/&T2X, UBH!(F$N:",\<6M\V;Q;,A'QT#K:6Z1*._WK MS9L62\2DQB.7X9W.R#D\;%X_[&)M5+538^^7J(K>RRWVU4M7NCB^R]W5" MXQC-,@FO93..74>)S.85N+9T;#?E NA]PL16S\8/H*!VR.?)GJ;-T\ NV$96 MVSRV.W.9JAWL]JP\=IDVGMK>L=V?RTP]HV^P+LO(K/WYJ&K$^G]NCVN[QQ?Y MO;8;=)3Y1FL M3; 6\+#9PUK4;VS[RMKWR46^OT@5&+8Y5VA3I>4*U036HFA?D4CM]\1NTGY, MI4132%48I7#,:MR-O]2NS9J0/[2#);7U$KM7EDL]3Q(07RL>/$+OFS:@^TQ) M15-H6-,6R2^4^T99GT:?)EZO[^K/R'EJHJJME]@M,\_J[%>R6KLHZ?^IK-9^ M2"[RP]_*ZN"GK X'I/]S4IV3,Z5>$%D]K8[S4W.(=>KB^7\! ML-. !46BF&T@U+VZAMI%?KS.;Q3?FQ/J U=PWC67.T9#)G0!>+_A7)4WNH+J M3X[)?U!+ P04 " #)AKA2Q<)^C88% O%@ & 'AL+W=OS8CC!+.?4X3M;V:S"H# MW_W&VH1\'2_FF:S_HUUKZTQ07$G%\]89$.1IT7S2IW8C]ARP-^) 6@=RKH/; M.KAUH@VR.JU;JNAR(?@."6T-T?1%O3>U-V23%OH8[Y6 7U/P4\L5+Q(X%):@ M&YK1(F;H7L>2Z WZ='^+7K_Z93%3L(ZVGL5MS)LF)AF)^0<5%\C%4T0<@@WN M*[O[+8L[=^?0?0;9=2F2+D52QW/'4JR$8(5"5$I([-(2T>TBNG5$;RPBE5O3 MMC1>0>VE^^=QB1T21H&WF#WNYV^RBT(7NYW= 2RO@^598=T)5M(T0>RIU$TH'O.,X1P*$5=DGDS\WX_ Z?;\7WD2N:05'O'X<)HS]PX^@FVTQ!'&KF,&'G; PS/V]WIT7T/#PH'K8S?PCR :+3V"]Y,Y@#CO(,[/ MZL4LI>LT2U7*K T9=6$C:^8O!X-*^DS7&3-E'PUR\D,<14>9#ZU@>^;$G#5V M^BGKG (H*F9OS3;$P=J>'_J8'&$T&6+BNR/MB?>X ']#@^Z=D1$N'J+PL1?B MXWHW&9* D)%JQ_U@/L0XM2>1AWQ_%VI,*MK-*4Q2GD X9 MP_-"&,;#:C!8X@ 'X6@]]/2"[?RRTB??#FY:) BTC:X(5L2 &KW^DRN&?+.> ML0;64OI2EC1F5Q/0RI*)1S99(J.R^?% A\GWI(7MK+7*@%#1->(B20L0Y$AN M*2PQ1:^<"ZA8#*-1H$>:5>PM""MGZC1_K1FBE=IRD?[+$M!=T30(R!1CO]Y& MN(WFSM0+YB_&LEK_ S(<*8Y*#JT&$QE54,M'X -LCOD&@ M#.-M)PWKZ*#V6+X&NQ?%-X50LF2UO,^>C:F-;GE+/'X M2;Y%!2\8@F&HJ4=O-CS'2047T!7&C;4"^I8V^/% AYO6"P%\0@DD2:J+$$:6 MUL)O0+O%M$QAA!D3-M!]&'C>/!IPKL'2\P+L1IZYCDBO#@%QC^6;R30"P] 9D0BDEPCD'(D@#:7/ZM(W(A\* $VB MCG,LZ$<-1U0GV7L$M$N%!O;O/8G5[3#>P<8TAGI@3#^;36T"FO3:@9QX^#0/ M>MN#0HF=0K^KMH<$ M8X!K,!J%V_,/L3_N-85P\RV%T',/L3^G?66;O1 MX=N=?B*[]HG\/870A@RL<$\8-7!G>V_S]*M4$$T/:2%1QC;@Y5R$D*UHWDXV M-XJ7]0N^-5>*Y_7EEE& K0W@]PT'Y=O>Z'>&W3OBY7]02P,$% @ R8:X M4@#77820 P >! !@ !X;"]W;W)K?';@)WAI,;2?I[J]?&Q@("9_3 M;AX"AG./SPE<'SG+,Q??902@T,^8)7)E14JE#[8M@PAB(N]Y"HF^L^R8T,1:+[-K6[%>\J-B-(&M0/(8QT3\\PB,GU<6MEXN M?*6'2)D+]GJ9D@,\@_J6;H4>V25+2&-().4)$K!?61_PPP8O3$&&^)/"65Z< M(V-EQ_EW,_@'E^0O[Q\R\-K,C M$C:<_45#%:TLWT(A[,F1J:_\_ D*0S/#%W FLV]T+K".A8*C5#PNBK6"F";Y MD?PL?HB+ CQM*7"+ G=HP:0HF&1&BR'HI^!D)@]9LYB3[;;)J[88F MYC$^*Z'O4EVGUAN>A/JA0(@>"2-) .C9<$GT=DL$)"H"10/"Y#OT'KU!-I*1 MOBR7MM)S&P8[*.9YS.=Q6^;Y@XA[-,%WR'52(=TV>\TGFV22F M84YKY]YQ'&WP=.FM%U;S,"D]3,9ZR(^('%7$!?T7PB;1.>OL0@UVLL^5ZGY< M3?:TE#U]I6PJY;%9C6>D>9$H"6%EZ*9,@3F"M4=-+]NL\-7EC-@5\Z\,?"I8 M!RAO '8JKZ(5=V=KGC&/(S(&5_&%N_/K]W23-[";>G%U%U54XI%9.:R;YJTM MGY^4#Q--LI[KC2^\[L- (2@C ?7_/N7H9 MF,UG^6?#^C]02P,$% @ R8:X4G3@'9BS P CPP !@ !X;"]W;W)K MC\>/)[.#TE],"6#)8R6D MF4>EM?5U')N\A(J9*U6#Q#<;I2MFL:NWL:DUL,(;52).!H-Q7#$NH\7,C]WI MQ4SMK. 2[C0QNZIB^NL*A#K,(QH]#7SDV]*Z@7@QJ]D6UF#OZSN-O;A%*7@% MTG EB8;-/%K2ZQ6=.@,_XQ.'@SEI$[>4!Z6^N,Z?Q3P:.$8@(+<.@N'?'FY M"(>$//XY@D:M3V=XVGY"_\TO'A?SP S<*/&9%[:<1Y.(%+!A.V$_JL,?<%S0 MR.'E2AC_)(=F;H:3\YVQJCH:(X.*R^:?/1X#<6*09A<,DJ-!XGDWCCS+6V;9 M8J;5@6@W&]%LEW!+13D1LD"HXVMM646,/*6 MJ WY4(-F+H!F%EMTZ,SB_ B^:L"3"^ I>:>D+0UYB]#%M_8Q$FW9)D]L5TD0 M\!W35R2EKTDR2.C]^I:\?/'J!8F)*9D&TSP#;M(V**EWDUYPU!WQ/8+.IR.LNED M%N][V(Q:-J,@F^6W##8 Y V>,L%<*M1,VZ]]9!K,T0F9=("_?BKCELHX2.4O M90S9:%4]DVOC,^=OZ"BY'(JL]9\%_=^43&Z!<$DVC&NR9V('+O,/3&N&AT!P M]L %M[Q_@[(>6EDRNAB624MK$J3U'B5YRQPK%QHN]V"L.Y2&E" *1_=OC?I MEGFN=CC>^(O_VAO^XM/1<)8;N/%PZ$;234!K6T-49*8DQYC)7%1#14&"-B@Z> JPYCIIOIM.E;5ON)\4!;K5]\L M\8L!M)N [S=*V:>.<]!^@RS^ U!+ P04 " #)AKA2E6Q@;X # !Q# M& 'AL+W=O5*5?>V+=.<%%C>\8J4\&3/18$57(J#+2M!<%:3"F:[TVEH M%YB6UG)>WWL2RSD_*D9+\B20/!8%%C\>">.GA>58KS<^TD.N] U[.:_P@6R) M>JZ>!%S9G4I&"U)*RDLDR'YA/3CWFUCC:\ G2D[RK(WT2':!Q\_; M%7KWQ_NYK<"N[M1.6VN/C37WBK6$82G1 ^(BHR4L>B1U_W) *!DC]#A":'5; MZ"&#J.!]P P]89I-(),$5U1A-J"U_HE6FAZ+(\,Z^A79TY2J 9'-;9'_N-&W M#0N@6P5NMPK<6L>_HO.(&2Y3@K "+VDW?=.A26N4PEI)EZV7I1^X<_OE?#Y, M3!QZEYB5B7%\/W2\F7\)7)O R

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end XML 40 Show.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 41 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 42 FilingSummary.xml IDEA: XBRL DOCUMENT 3.21.1 html 61 231 1 false 18 0 false 4 false false R1.htm 000 - Document - Document And Entity Information Sheet http://www.d8holdingscorp.com/role/DocumentAndEntityInformation Document And Entity Information Cover 1 false false R2.htm 001 - Statement - Condensed Balance Sheets Sheet http://www.d8holdingscorp.com/role/ConsolidatedBalanceSheet Condensed Balance Sheets Statements 2 false false R3.htm 002 - Statement - Condensed Balance Sheets (Parentheticals) Sheet http://www.d8holdingscorp.com/role/ConsolidatedBalanceSheet_Parentheticals Condensed Balance Sheets (Parentheticals) Statements 3 false false R4.htm 003 - Statement - Unaudited Condensed Statement of Operations Sheet http://www.d8holdingscorp.com/role/ConsolidatedIncomeStatement Unaudited Condensed Statement of Operations Statements 4 false false R5.htm 004 - Statement - Unaudited Condensed Statement of Changes in Shareholders' Equity Sheet http://www.d8holdingscorp.com/role/ShareholdersEquityType2or3 Unaudited Condensed Statement of Changes in Shareholders' Equity Statements 5 false false R6.htm 005 - Statement - Unaudited Condensed Statement of Cash Flows Sheet http://www.d8holdingscorp.com/role/ConsolidatedCashFlow Unaudited Condensed Statement of Cash Flows Statements 6 false false R7.htm 006 - Disclosure - Description of Organization and Business Operations Sheet http://www.d8holdingscorp.com/role/DescriptionofOrganizationandBusinessOperations Description of Organization and Business Operations Notes 7 false false R8.htm 007 - Disclosure - Basic of Presentation and Summary of Significant Accounting Policies Sheet http://www.d8holdingscorp.com/role/BasicofPresentationandSummaryofSignificantAccountingPolicies Basic of Presentation and Summary of Significant Accounting Policies Notes 8 false false R9.htm 008 - Disclosure - Initial Public Offering Sheet http://www.d8holdingscorp.com/role/InitialPublicOffering Initial Public Offering Notes 9 false false R10.htm 009 - Disclosure - Related Party Transactions Sheet http://www.d8holdingscorp.com/role/RelatedPartyTransactions Related Party Transactions Notes 10 false false R11.htm 010 - Disclosure - Commitments and Contingencies Sheet http://www.d8holdingscorp.com/role/CommitmentsandContingencies Commitments and Contingencies Notes 11 false false R12.htm 011 - Disclosure - Derivative Warrant Liabilities Sheet http://www.d8holdingscorp.com/role/DerivativeWarrantLiabilities Derivative Warrant Liabilities Notes 12 false false R13.htm 012 - Disclosure - Shareholders' Equity Sheet http://www.d8holdingscorp.com/role/ShareholdersEquity Shareholders' Equity Notes 13 false false R14.htm 013 - Disclosure - Fair Value Measurements Sheet http://www.d8holdingscorp.com/role/FairValueMeasurements Fair Value Measurements Notes 14 false false R15.htm 014 - Disclosure - Subsequent Events Sheet http://www.d8holdingscorp.com/role/SubsequentEvents Subsequent Events Notes 15 false false R16.htm 015 - Disclosure - Accounting Policies, by Policy (Policies) Sheet http://www.d8holdingscorp.com/role/AccountingPoliciesByPolicy Accounting Policies, by Policy (Policies) Policies http://www.d8holdingscorp.com/role/BasicofPresentationandSummaryofSignificantAccountingPolicies 16 false false R17.htm 016 - Disclosure - Fair Value Measurements (Tables) Sheet http://www.d8holdingscorp.com/role/FairValueMeasurementsTables Fair Value Measurements (Tables) Tables http://www.d8holdingscorp.com/role/FairValueMeasurements 17 false false R18.htm 017 - Disclosure - Description of Organization and Business Operations (Details) Sheet http://www.d8holdingscorp.com/role/DescriptionofOrganizationandBusinessOperationsDetails Description of Organization and Business Operations (Details) Details http://www.d8holdingscorp.com/role/DescriptionofOrganizationandBusinessOperations 18 false false R19.htm 018 - Disclosure - Basic of Presentation and Summary of Significant Accounting Policies (Details) Sheet http://www.d8holdingscorp.com/role/BasicofPresentationandSummaryofSignificantAccountingPoliciesDetails Basic of Presentation and Summary of Significant Accounting Policies (Details) Details 19 false false R20.htm 019 - Disclosure - Initial Public Offering (Details) Sheet http://www.d8holdingscorp.com/role/InitialPublicOfferingDetails Initial Public Offering (Details) Details http://www.d8holdingscorp.com/role/InitialPublicOffering 20 false false R21.htm 020 - Disclosure - Related Party Transactions (Details) Sheet http://www.d8holdingscorp.com/role/RelatedPartyTransactionsDetails Related Party Transactions (Details) Details http://www.d8holdingscorp.com/role/RelatedPartyTransactions 21 false false R22.htm 021 - Disclosure - Commitments and Contingencies (Details) Sheet http://www.d8holdingscorp.com/role/CommitmentsandContingenciesDetails Commitments and Contingencies (Details) Details http://www.d8holdingscorp.com/role/CommitmentsandContingencies 22 false false R23.htm 022 - Disclosure - Derivative Warrant Liabilities (Details) Sheet http://www.d8holdingscorp.com/role/DerivativeWarrantLiabilitiesDetails Derivative Warrant Liabilities (Details) Details http://www.d8holdingscorp.com/role/DerivativeWarrantLiabilities 23 false false R24.htm 023 - Disclosure - Shareholders' Equity (Details) Sheet http://www.d8holdingscorp.com/role/ShareholdersEquityDetails Shareholders' Equity (Details) Details http://www.d8holdingscorp.com/role/ShareholdersEquity 24 false false R25.htm 024 - Disclosure - Fair Value Measurements (Details) Sheet http://www.d8holdingscorp.com/role/FairValueMeasurementsDetails Fair Value Measurements (Details) Details http://www.d8holdingscorp.com/role/FairValueMeasurementsTables 25 false false R26.htm 025 - Disclosure - Fair Value Measurements (Details) - Schedule of carrying value, excluding gross unrealized holding loss and fair value of held to maturity securities Sheet http://www.d8holdingscorp.com/role/ScheduleofcarryingvalueexcludinggrossunrealizedholdinglossandfairvalueofheldtomaturitysecuritiesTable Fair Value Measurements (Details) - Schedule of carrying value, excluding gross unrealized holding loss and fair value of held to maturity securities Details http://www.d8holdingscorp.com/role/FairValueMeasurementsTables 26 false false R27.htm 026 - Disclosure - Fair Value Measurements (Details) - Schedule of quantitative information regarding Level 3 fair value measurements Sheet http://www.d8holdingscorp.com/role/ScheduleofquantitativeinformationregardingLevel3fairvaluemeasurementsTable Fair Value Measurements (Details) - Schedule of quantitative information regarding Level 3 fair value measurements Details http://www.d8holdingscorp.com/role/FairValueMeasurementsTables 27 false false All Reports Book All Reports deh-20210331.xml deh-20210331.xsd deh-20210331_cal.xml deh-20210331_def.xml deh-20210331_lab.xml deh-20210331_pre.xml http://xbrl.sec.gov/dei/2019-01-31 http://fasb.org/us-gaap/2020-01-31 http://fasb.org/srt/2020-01-31 true true ZIP 44 0001213900-21-028824-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001213900-21-028824-xbrl.zip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