Quarterly report pursuant to Section 13 or 15(d)

Condensed Balance Sheet

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Condensed Balance Sheet - USD ($)
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash $ 1,575,007 $ 1,834,812
Prepaid expenses 327,103 333,031
Total current assets 1,902,110 2,167,843
Investments held in Trust Account 230,007,795 230,007,668
Total Assets 231,909,905 232,175,511
Current liabilities:    
Accounts payable 12,806 10,865
Accrued expenses 70,000 82,196
Franchise tax payable 50,050 80,598
Total current liabilities 132,856 173,659
Deferred underwriting commissions 8,050,000 8,050,000
Derivative warrant liabilities 10,500,000 19,616,670
Total Liabilities 18,682,856 27,840,329
Commitments and Contingencies
Class A common stock, $0.0001 par value; 20,822,704 and 19,933,518 shares subject to possible redemption at $10.00 per share at March 31, 2021 and December 31, 2020, respectively 208,227,040 199,335,180
Stockholders’ Equity:    
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding at March 31, 2021 and December 31, 2020
Class A common stock, $0.0001 par value; 100,000,000 shares authorized; 2,177,296 and 3,066,482 shares issued and outstanding (excluding 20,822,704 and 19,933,518 shares subject to possible redemption) at March 31, 2021 and December 31, 2020, respectively 218 307
Class B common stock, $0.0001 par value; 10,000,000 shares authorized; 5,750,000 shares issued and outstanding at March 31, 2021 and December 31, 2020 575 575
Additional paid-in capital 286,047 9,177,818
Retained earnings (accumulated deficit) 4,713,169 (4,178,698)
Total Stockholders’ equity 5,000,009 5,000,002
Total Liabilities and Stockholders’ Equity $ 231,909,905 $ 232,175,511