Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.21.1
Summary of Significant Accounting Policies (Tables)
 3 Months Ended
Mar. 31, 2021
Accounting Policies [Abstract]  
Summary of basic and diluted net income per share
The following table reflects the calculation of basic and diluted net income (loss) per common share (in dollars, except per share amounts):
 
    
Three Months

Ended

March 31,
2021
  
Redeemable Class A Common Stock
         
Numerator: Earnings allocable to Redeemable Class A Common Stock
         
Interest Income
    $ 0.00  
Income and Franchise Tax
      (— ) 
    
 
 
  
Net Earnings
    $ —    
Denominator: Weighted Average Redeemable Class A Common Stock
         
Redeemable Class A Common Stock, Basic and Diluted
      30,163,095  
    
 
 
  
Basic and diluted income per share, Class A redeemable common stock
    $ —    
 
 
 
 
 
Non-Redeemable
Class A and B Common Stock
         
Numerator: Net Income minus Redeemable Net Earnings
         
Net Income
    $ 4,818,956  
Redeemable Net Earnings
         
    
 
 
  
Non-Redeemable
Net Income
    $ 4,818,956  
Denominator: Weighted Average
Non-Redeemable
Class A and B Common Stock
         
Non-Redeemable
Class A and B Common Stock, Basic and Diluted
      8,611,731  
    
 
 
  
Basic and diluted net income per share, Class A and Class B
non-redeemable
common stock
    $ 0.56