Annual report pursuant to Section 13 and 15(d)

BALANCE SHEET

v3.21.2
BALANCE SHEET
Dec. 31, 2020
USD ($)
Current assets  
Cash $ 1,044,177
Prepaid expenses 751,781
Total Current Assets 1,795,958
Investments held in Trust Account 402,500,000
Total Assets 404,295,958
Current Liabilities:  
Accounts payable 767,969
Accrued expenses 428,433
Due to related party 14,000
Total current liabilities 1,210,402
Deferred underwriting commissions 14,087,500
Warrant Liability 29,370,333
Total Liabilities 44,668,235
Commitments and Contingencies
Class A ordinary shares, $0.0001 par value; 500,000,000 shares authorized, 40,250,000 shares subject to possible redemption at $10.00 per share redemption value 402,500,000
Shareholders' Equity:  
Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued and outstanding
Additional paid-in capital 0
Accumulated deficit (42,873,283)
Total shareholders' equity (42,872,277)
Total Liabilities and Shareholders' Equity 404,295,958
Common Class B [Member]  
Shareholders' Equity:  
Common Stock 1,006
Total shareholders' equity $ 1,006