| Summary of restatement on the Company's financial statements |
The impact of the restatement on the audited consolidated balance sheets for the Affected Periods is presented below.
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
Balance Sheet as of November 23, 2020 |
|
|
|
|
|
|
|
|
|
|
|
|
Class A Ordinary Shares Subject to Possible Redemption |
|
$ |
311,162,720 |
|
|
$ |
38,837,280 |
|
|
$ |
350,000,000 |
|
Class A Ordinary Shares |
|
|
388 |
|
|
|
(388 |
) |
|
|
— |
|
Additional Paid-in Capital |
|
|
5,027,744 |
|
|
|
(5,027,744 |
) |
|
|
— |
|
Accumulated Deficit |
|
|
(29,132 |
) |
|
|
(33,809,148 |
) |
|
|
(33,838,280 |
) |
Total Shareholders’ Equity (Deficit) |
|
$ |
5,000,006 |
|
|
$ |
(38,837,280 |
) |
|
$ |
(33,837,274 |
) |
Balance Sheet as of November 27, 2020 (unaudited) |
|
|
|
|
|
|
|
|
|
|
|
|
Class A Ordinary Shares Subject to Possible Redemption
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Additional Paid-in Capital
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Shareholders' Equity (Deficit)
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance Sheet as of December 31, 2020 |
|
|
|
|
|
|
|
|
|
|
|
|
Class A Ordinary Shares Subject to Possible Redemption |
|
$ |
354,627,720 |
|
|
$ |
47,872,280 |
|
|
$ |
402,500,000 |
|
Class A Ordinary Shares |
|
|
479 |
|
|
|
(479 |
) |
|
|
— |
|
Additional Paid-in Capital |
|
|
9,867,922 |
|
|
|
(9,867,922 |
) |
|
|
— |
|
Accumulated Deficit |
|
|
(4,869,404 |
) |
|
|
(38,003,879 |
) |
|
|
(42,873,283 |
) |
Total Shareholders’ Equity (Deficit) |
|
$ |
5,000,003 |
|
|
$ |
(47,872,280 |
) |
|
$ |
(42,872,277 |
) |
Statement of Operations for the period from September 7, 2020 (inception) through December 31, 2020 |
|
|
|
|
|
|
|
|
|
|
|
|
Weighted Average Shares Outstanding o f Class A Ordinary Shares |
|
|
39,697,368 |
|
|
|
— |
|
|
|
39,697,368 |
|
Basic and Diluted Net Income p er Class A Ordinary Share |
|
$ |
— |
|
|
$ |
(0.10 |
) |
|
$ |
(0.10 |
) |
Weighted Average Shares Outstanding o f Class B Ordinary Shares |
|
|
9,148,438 |
|
|
|
— |
|
|
|
9,148,438 |
|
Basic and Diluted Net Income p er Class B Ordinary Share |
|
$ |
0.53 |
|
|
$ |
(0.63 |
) |
|
$ |
(0.10 |
) |
Statement of Cash Flows for the period from September 7, 2020 (inception) through December 31, 2020 |
|
|
|
|
|
|
|
|
|
|
|
|
Value of Class A Ordinary Shares Subject to Possible Redemption |
|
$ |
354,627,720 |
|
|
$ |
47,872,280 |
|
|
$ |
402,500,000 |
|
|