Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.21.2
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2021
Accounting Policies [Abstract]  
Schedule of calculation of basic and diluted net income (loss) per common share
   

Three Months Ended
June 30, 

   

Six Months Ended

June 30,

   

For the Period From

March 6, 2020 (inception) through

June 30,

 
    2021     2020     2021     2020  
Redeemable Class A Common Stock                        
Numerator: Earnings allocable to Redeemable Class A Common Stock                        
Interest Income   $ 11,723     $
    $ 72,356     $
 
Less: Income and Franchise Tax available to be withdrawn from the Trust Account     (11,723 )    
      (72,356 )        
Redeemable Net Earnings   $
    $
    $
    $
 
Denominator: Weighted Average Redeemable Class A Common Stock                                
Redeemable Class A Common Stock, Basic and Diluted     35,000,000       35,000,000       35,000,000       35,000,000  
Earnings/Basic and Diluted Redeemable Class A Common Stock   $ 0.00     $ 0.00     $ 0.00     $ 0.00  
                                 
Non-Redeemable Class B Common Stock                                
Numerator: Net (Loss) Income minus Redeemable Net Earnings                                
Net (Loss) Income   $ (6,901,837 )   $ (1,619,103 )   $ 28,947,974     $ (1,620,103 )
Non-Redeemable Net (Loss) Income   $ (6,901,837 )   $ (1,619,103 )   $ 28,947,974     $ (1,620,103 )
Denominator: Weighted Average Non-Redeemable Class B Common Stock                                
Non-Redeemable Class B Common Stock, Basic and Diluted (1)     8,750,000       8,750,000       8,750,000       8,750,000  
(Loss) Income /Basic and Diluted Non-Redeemable Class B Common Stock   $ (0.79 )   $ (0.19 )   $ 3.30     $ (0.19 )