Annual report pursuant to Section 13 and 15(d)

Restatement of Previously Issued Financial Statements (Tables)

v3.21.4
Restatement of Previously Issued Financial Statements (Tables)
4 Months Ended
Dec. 31, 2020
Restatement Of Previously Issued Financial Statements [Abstract]  
Summary Of Restatement Of Financial Statements [Table Text Block]
The impact of the restatement on the balance sheet, statement of operations and statement of cash flows for the Affected Periods is presented below.
 
 
  
As of October 23, 2020
 
Balance Sheet
  
As Reported
 
  
Restatement

Adjustment
 
  
As Restated
 
Class A ordinary shares subject to possible redemption
  
$
294,579,620
 
  
$
69,365,380
 
  
$
363,945,000
 
Shareholders’ equity (deficit)
  
     
  
     
  
     
Class A ordinary shares, $0.0001 par value
  
 
1,736
 
  
 
(1,736
  
 
—  
 
Additional
paid-in
capital
  
 
5,662,890
 
  
 
(5,662,890
  
 
—  
 
Accumulated deficit
  
 
(665,558
  
 
(63,700,754
  
 
(64,366,312
 
 
  
As of December 31, 2020
 
Balance Sheet
  
As Reported As Previously

Restated in the First

Amended Filing
 
  
Restatement

Adjustment
 
  
As Restated
 
Class A ordinary shares subject to possible redemption
  
$
323,187,630
 
  
$
40,757,370
 
  
$
363,945,000
 
Shareholders’ Equity (Deficit)
  
     
  
     
  
     
Class A ordinary shares, $0.0001 par value
  
 
408
 
  
 
(408
  
 
—  
 
Additional
paid-in
capital
  
 
14,641,247
 
  
 
(14,641,247
  
 
—  
 
Accumulated deficit
  
 
(9,642,556
  
 
(26,115,715
  
 
(35,758,271
 
 
  
For the Period from September 2, 2020 (inception) through

December 31, 2020
 
Statement of Operations
  
As Reported As Previously

Restated in the First

Amended Filing
 
  
Restatement

Adjustment
 
  
As Restated
 
Weighted average shares outstanding of Class A ordinary shares
  
 
34,280,343
 
  
 
(11,584,190
  
 
22,696,153
 
Basic and diluted net income per ordinary share, Class A
  
$
—  
 
  
$
(0.30
  
$
(0.30
Weighted average shares outstanding of Class B ordinary shares
  
 
8,684,834
 
  
 
338,596
 
  
 
9,023,430
 
Basic and diluted net loss per ordinary share, Class B
  
$
(1.11
  
$
0.81
 
  
$
(0.30
 
 
  
For the Period from September 2, 2020 (inception) through December 31, 2020
 
Statement of Cash Flows
  
As Reported As Previously

Restated in the First

Amended Filing
 
  
Restatement

Adjustment
 
  
As Restated
 
Initial value of Class A ordinary shares subject to possible redemption
  
$
332,161,540
 
  
$
(332,161,540
  
$
 —