Quarterly report pursuant to Section 13 or 15(d)

INITIAL PUBLIC OFFERING

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INITIAL PUBLIC OFFERING
3 Months Ended
Mar. 31, 2021
INITIAL PUBLIC OFFERING  
INITIAL PUBLIC OFFERING

Note 3 — Initial Public Offering

On August 20, 2020, the Company consummated its Initial Public Offering of 21,500,000 Units, including 1,500,000 Over-Allotment Units, at $10.00 per Unit, generating gross proceeds of $215.0 million, and incurring offering costs of approximately $12.4 million, inclusive of approximately $7.5 million in deferred underwriting commissions.

Each Unit consists of one Class A ordinary share, and one-fourth of one redeemable warrant (each, a “Public Warrant”). Each Public Warrant entitles the holder to purchase one Class A ordinary shares at a price of $11.50 per share, subject to adjustment (see Note 6).