Annual report pursuant to Section 13 and 15(d)

Significant Accounting Policies (Tables)

v3.21.1
Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of earning per share

Non-redeemable common stock includes the founder shares as these common stocks do not have any redemption features and do not participate in the income earned on the Trust Account.

 

    For the Period from  
    August 20,
2020 (Inception)
 
    through December 31,
2020
 
Common stock subject to possible redemption        
Numerator: Net income allocable to common stock subject to possible redemption Amortized Interest income on marketable securities held in trust   $ 7,960  
Less: interest available to be withdrawn for payment of taxes     (7,960 )
Net income allocable to common stock subject to possible redemption   $ -  
Denominator: Weighted Average Redeemable common stock Redeemable Common Stock, Basic and Diluted     3,399,685  
Basic and Diluted net income per share, Redeemable Common Stock   $ 0.00  
         
Non-Redeemable Common Stock        
Numerator: Net Income minus Redeemable Net Earnings        
Net Income   $ 4,092,424  
Redeemable Net Earnings     -  
Non-Redeemable Net Income   $ 4,092,424  
Denominator: Weighted Average Non-Redeemable Common Stock Basic and diluted weighted average shares outstanding, common stock     4,646,706  
Basic and diluted net income per share, common stock   $ 0.88