Annual report pursuant to Section 13 and 15(d)


4 Months Ended 5 Months Ended
Dec. 31, 2020
Dec. 31, 2020
Cash Flows from Operating Activities:    
Net loss   $ (7,620,693)
Adjustments to reconcile net loss to net cash used in operating activities:    
Interest earned on marketable securities held in Trust Account   (22,174)
Unrealized gain on marketable securities held in Trust Account   (3,558)
Change in fair value of warrant liabilities $ 6,207,183 6,207,183
Allocation of IPO costs to warrant liabilities 720,885 720,885
Compensation expense - Private Warrants 453,667 453,667
Changes in operating assets and liabilities:    
Prepaid expenses   (676,797)
Accrued expenses   6,150
Net cash used in operating activities   (935,337)
Cash Flows from Investing Activities:    
Investment of cash in Trust Account   (215,250,000)
Security deposit   (2,875)
Net cash used in investing activities   (215,252,875)
Cash Flows from Financing Activities:    
Proceeds from issuance of Class B Ordinary Shares to Sponsor   25,000
Proceeds from sale of Units, net of underwriting discounts paid   210,945,000
Proceeds from advance - related party   2,621,369
Repayment of advance - related party   (2,621,369)
Proceeds from sale of Private Placement Warrants   6,805,000
Proceeds from promissory note - related party   278,631
Repayment of promissory note - related party   (278,631)
Payment of offering costs   (525,071)
Net cash provided by financing activities   217,249,929
Net Change in Cash   1,061,717
Cash - Beginning   0
Cash - Ending 1,061,717 1,061,717
Non-Cash Investing and Financing Activities:    
Initial classification of Class A Ordinary Shares subject to possible redemption 185,930,930 185,930,930
Change in value of Class A Ordinary Shares subject to possible redemption (6,399,560) (6,399,560)
Initial classification of warrant liabilities $ 18,738,667 18,738,667
Deferred underwriting fee payable   $ 7,533,750