Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v3.21.1
Summary of Significant Accounting Policies (Tables)
 7 Months Ended
Dec. 31, 2020
Accounting Policies [Abstract]  
Schedule of Calculation of Basic and Diluted Net Income (Loss) Per Common Share
The following table reflects the calculation of basic and diluted net income (loss) per common share (in dollars, except per share amounts):

 
 
  
For the Period
From May 29,
2020
(Inception)
through
December 31,
2020
 
Class A Common stock subject to possible redemption
  
      
Interest earned on marketable securities held in Trust Account
    $ 7,324  
Less: interest available to be withdrawn for payment of taxes
      (7,324 ) 
    
 
 
  
Net income allocable to Class A Common Stock subject to possible redemption
    $ —     
Denominator: Weighted Average Class A Common stock subject to possible redemption
      20,212,072  
    
 
 
  
Basic and diluted net income per share
   
$
 0.00
 
    
 
 
  
Class A and B Common stock not subject to redemption
         
Numerator: Net Loss minus Net Earnings
         
Net loss
    $ (8,871,171 ) 
Net income allocable to Class A Common stock subject to possible redemption
      —     
    
 
 
  
Non-Redeemable
Net Loss
    $ (8,871,171 ) 
Denominator: Weighted Average
Non-Redeemable
Common Stock
         
Basic and diluted weighted average shares outstanding, Class A and B Common stock not subject to redemption
      6,920,082  
    
 
 
  
Basic and diluted net loss per share, Class A and B Common stock not subject to redemption
    $
(1.28
)