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  
Redeemable Class A Common Stock        
Numerator: Earnings allocable to Redeemable Class A Common Stock        
Interest Income   $ 219,337  
Income and Franchise Tax     (176,040 )
Net Earnings   $ 43,297  
Denominator: Weighted Average Redeemable Class A Common Stock        
Redeemable Class A Common Stock, Basic and Diluted     35,000,000  
Earnings/Basic and Diluted Redeemable Class A Common Stock   $ 0.00  
         
Non-Redeemable Class B Common Stock        
Numerator: Net Loss minus Redeemable Net Earnings        
Net Loss   $ (408,237 )
Redeemable Net Earnings     (43,297 )
Non-Redeemable Net Loss   $ (451,534 )
Denominator: Weighted Average Non-Redeemable Class B Common Stock        
Non-Redeemable Class B Common Stock, Basic and Diluted     8,750,000  
Loss/Basic and Diluted Non-Redeemable Class B Common Stock   $ (0.05 )