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]  
Schedule of Calculation of Basic and Diluted Net Income (Loss) per Common 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

 

Class A common stock subject to possible redemption

 

 

 

 

Numerator: Earnings allocable to Class A common stock subject to possible redemption

 

 

 

 

Interest earned on marketable securities held in Trust Account

 

$

1,238

 

Less: interest available to be withdrawn for payment of taxes

 

(1,238)

 

Net Earnings

 

$

 

Denominator: Weighted Average Class A common stock subject to possible redemption

 

 

 

 

Basic and diluted weighted average shares outstanding, Class A common stock subject to possible redemption

 

 

18,156,159

 

Basic and diluted net income per share, Class A common stock subject to possible redemption

 

$

0.00

 

Non-Redeemable Common Stock

 

 

 

 

Numerator: Net Income minus Net Earnings

 

 

 

 

Net Income

 

$

58,558

 

Add: Net loss allocable to Class A common stock subject to possible redemption

 

 

 

Non-Redeemable Net Income

 

$

58,588

 

Denominator: Weighted Average Non-redeemable Common stock

 

 

 

 

Basic and diluted weighted average shares outstanding, Non-redeemable Common stock

 

 

5,260,307

 

Basic and diluted net loss per share, Non-redeemable Common stock

 

$

0.01