Quarterly report pursuant to Section 13 or 15(d)

Condensed Statement Of Operations

v3.21.2
Condensed Statement Of Operations
 3 Months Ended
Mar. 31, 2021
USD ($)
$ / shares
shares
Formation and operating costs $ 27,356
Loss from Operations (27,356)
Other income (expense):  
Interest income on cash and investments held in Trust Account 1,444
Offering cost allocated to warrants (497,634)
Change in fair value of warrant liability (208,793)
Total other expense, net (704,983)
Net loss $ (732,339)
Basic and diluted weighted average shares outstanding | shares 8,750,000
Basic and diluted net income or loss per share | $ / shares $ (0.08)
Class A Redeemable Common Stock  
Other income (expense):  
Basic and diluted weighted average shares outstanding | shares 35,000,000
Basic and diluted net income or loss per share | $ / shares $ 0.00
Common Class B  
Other income (expense):  
Net loss $ 733,783
Basic and diluted weighted average shares outstanding | shares 8,750,000 [1]
Basic and diluted net income or loss per share | $ / shares $ (0.08)
[1] Excludes an aggregate of up to 1,312,500 Class B ordinary shares that are subject to forfeiture if the over-allotment option is not exercised in full or in part by the underwriter (see Note 6). On April 12, 2021, the underwriters exercised their over-allotment option in full, hence, the Founder Shares are no longer subject to forfeiture (see Note 11).