XML 61 R35.htm IDEA: XBRL DOCUMENT v3.21.2
Restatement of Previously Issued Financial Statements (Tables)
5 Months Ended
Dec. 31, 2020
Condensed Financial Information Disclosure [Abstract]  
Schedule of effects of restatements on previously issued financial statements
 

As
Previously Reported

 

Adjustments

 

As Restated

Balance sheet as of October 19, 2020 (audited)

 

 

 

 

 

 

 

 

 

 

 

 

Warrant liabilities

 

$

 

 

$

5,157,000

 

 

$

5,157,000

 

Class A common stock subject to possible redemption

 

 

107,104,620

 

 

 

(5,157,000

)

 

 

101,947,620

 

Class A common stock

 

 

79

 

 

 

52

 

 

 

131

 

Additional paid-in capital

 

 

5,004,204

 

 

 

191,060

 

 

 

5,195,264

 

Accumulated deficit

 

 

(4,608

)

 

 

(191,112

)

 

 

(195,720

)

   

 

 

 

 

 

 

 

 

 

 

 

Balance sheet as of December 31, 2020 (audited)

 

 

 

 

 

 

 

 

 

 

 

 

Warrant liabilities

 

$

 

 

$

9,040,670

 

 

$

9,040,670

 

Class A common stock subject to possible redemption

 

 

106,882,750

 

 

 

(9,040,670

)

 

 

97,842,080

 

Class A common stock

 

 

81

 

 

 

91

 

 

 

172

 

Additional paid-in capital

 

 

5,148,390

 

 

 

4,074,691

 

 

 

9,223,081

 

Accumulated deficit

 

 

(148,751

)

 

 

(4,074,782

)

 

 

(4,223,533

)

   

 

 

 

 

 

 

 

 

 

 

 

Statement of Operations for the period from August 11, 2020 (inception) to December 31, 2020 (audited)

 

 

 

 

 

 

 

 

 

 

 

 

Change in fair value of warrant liabilities

 

$

 

 

$

3,883,670

 

 

$

3,883,670

 

Offering expense associated with warrant liabilities

 

 

 

 

 

191,112

 

 

 

191,112

 

Net loss

 

 

(148,751

)

 

 

(4,074,782

)

 

 

(4,223,533

)

Basic and diluted net loss per share, Class B common stock

 

 

(0.06

)

 

 

(1.42

)

 

 

(1.48

)

   

 

 

 

 

 

 

 

 

 

 

 

Statement of Cash Flows for the period from August 11, 2020 (inception) to December 31, 2020 (audited)

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(148,751

)

 

$

(4,074,782

)

 

$

(4,223,533

)

Offering costs allocable to warrant liabilities

 

 

 

 

 

191,112

 

 

 

191,112

 

Change in fair value of warrant liabilities

 

 

 

 

 

3,883,670

 

 

 

3,883,670

 

Initial classification of Class A common shares subject to possible redemption

 

 

107,104,620

 

 

 

(5,157,000

)

 

 

101,947,620

 

Change in value of Class A common shares subject to possible redemption

 

 

(221,870

)

 

 

(3,883,670

)

 

 

(4,105,540

)