Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v3.21.1
Summary of Significant Accounting Policies (Tables)
10 Months Ended
Dec. 31, 2020
Accounting Policies [Abstract]  
Schedule of calculation of basic and diluted net income (loss) per common share
    For the Period From March 6, 2020 (inception) Through December 31, 2020  
    As Previously              
    Report     Adjustments     As Restated  
                   
Redeemable Class A Common Stock                  
Numerator: Earnings allocable to Redeemable Class A Common Stock                  
Interest Income     219,337       -       219,337  
Income and Franchise Tax     (176,040 )             (176,040 )
Net Earnings     43,297       -       43,297  
Denominator: Weighted Average Redeemable Class A Common Stock                        
Redeemable Class A Common Stock, Basic and Diluted     35,000,000       -       35,000,000  
Earnings/Basic and Diluted Redeemable Class A Common Stock     0.00       -       0.00  
                         
Non-Redeemable Class B Common Stock                        
Numerator: Net Loss minus Redeemable Net Earnings                        
Net Loss     (408,237 )     (38,860,942 )     (39,269,179 )
Redeemable Net Earnings     (43,297 )     -       (43,297 )
Non-Redeemable Net Loss     (451,534 )     (38,860,942 )     (39,312,476 )
Denominator: Weighted Average Non-Redeemable Class B Common Stock                        
Non-Redeemable Class B Common Stock, Basic and Diluted     8,750,000       -       8,750,000  
Loss/Basic and Diluted Non-Redeemable Class B Common Stock     (0.05 )     (4.44 )     (4.49 )