General form of registration statement for all companies including face-amount certificate companies

STATEMENT OF CASH FLOWS

v3.21.2
STATEMENT OF CASH FLOWS
5 Months Ended
Dec. 31, 2020
USD ($)
Net Cash Provided by (Used in) Operating Activities [Abstract]  
Net loss $ (7,620,693)
Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]  
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
Allocation of IPO costs to warrant liabilities 720,885
Compensation expense - Private Warrants 453,667
Increase (Decrease) in Operating Capital [Abstract]  
Prepaid expenses (676,797)
Accrued expenses 6,150
Net cash provided by operating activities (935,337)
Net Cash Provided by (Used in) Investing Activities [Abstract]  
Investment of cash in Trust Account (215,250,000)
Security deposit (2,875)
Net cash used in investing activities (215,252,875)
Net Cash Provided by (Used in) Financing Activities [Abstract]  
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 used in financing activities 217,249,929
Net change in cash and cash equivalents 1,061,717
Cash and cash equivalents at beginning of period 0
Cash and cash equivalents at end of period 1,061,717
Non-Cash Investing and Financing Activities:  
Initial classification of Class A Ordinary Shares subject to possible redemption 185,930,930
Change in value of Class A Ordinary Shares subject to possible redemption (6,399,560)
Initial classification of warrant liabilities 18,738,667
Deferred underwriting fee payable $ 7,533,750