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
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  
Summary of Reconciliation of Net Loss Per Ordinary Share
 
The following tables reflect the calculation of basic and diluted net income (loss) per ordinary share:
 
 
 
For the Three Months
 
 
For the Six Months
 
 
 
Ended June 30, 2021
 
 
Ended June 30, 2021
 
Class A ordinary share
 
      
 
      
Numerator: Income allocable to Class A ordinary share
 
      
 
      
Income from investments held in Trust Account
 
$
3,248
 
 
$
23,129
 
Less: Company’s portion available to be withdrawn to pay taxes
 
 
—  
 
 
 
—  
 
 
 
 
 
 
 
 
 
 
Net income attributable to Class A ordinary share
 
$
3,248
 
 
$
23,129
 
 
 
 
 
 
 
 
 
 
Denominator: Weighted average Class A ordinary share
 
      
 
      
Basic and diluted weighted average shares outstanding, Class A ordinary share
 
 
        21,500,000
 
 
 
        21,500,000
 
 
 
 
 
 
 
 
 
 
Basic and diluted net income per share, Class A ordinary share
 
$
0.00
 
 
$
0.00
 
 
 
 
 
 
 
 
 
 
     
Class B ordinary share
 
      
 
      
Numerator: Net income (loss) minus net income allocable to Class A ordinary share
 
      
 
      
Net income (loss)
 
$
1,937,271
 
 
$
(4,941,233
) 
Net income allocable to Class A ordinary share
 
 
3,248
 
 
 
23,129
 
 
 
 
 
 
 
 
 
 
Net income (loss) attributable to Class B ordinary share
 
$
1,934,023
 
 
$
(4,964,362
) 
 
 
 
 
 
 
 
 
 
Denominator: Weighted average Class B ordinary share
 
      
 
      
Basic and diluted weighted average shares outstanding, Class B ordinary share
 
 
5,375,000
 
 
 
5,375,000
 
 
 
 
 
 
 
 
 
 
Basic and diluted net income (loss) per share, Class B ordinary share
 
$
0.36
 
 
$
(0.92
)