Restatement of Previously Issued Financial Statements (Tables)

5 Months Ended

Dec. 31, 2020

Condensed Financial Information Disclosure [Abstract]

Schedule of restatement of balance sheets, statements of operations and cash flow statement

	As
	Previously						As
	Reported			Adjustments			Restated

Balance sheet as of August 10, 2020 (audited)
Total Liabilities	$	6,140,000		$	24,690,000		$	30,830,000
Common Stock Subject to Possible Redemption		165,386,110			(24,690,000	)		140,696,110
Class A Common Stock		96			247			343
Additional Paid-in Capital		5,005,661			5,816,828			10,822,489
Accumulated Deficit		(6,250	)		(5,817,075	)		(5,823,325	)
Number of shares subject to redemption		16,538,611			(2,469,000	)		14,069,611

Balance sheet as of December 31, 2020 (audited)
Total Liabilities	$	7,695,120		$	30,467,500		$	38,162,620
Common Stock Subject to Possible Redemption		190,046,190			(30,467,500	)		159,578,690
Class A Common Stock		112			304			416
Additional Paid-in Capital		5,151,815			9,543,246			14,695,061
Accumulated Deficit		(152,423	)		(9,543,550	)		(9,695,973	)
Stockholders’ Equity		(5,000,007	)		—			(5,000,007	)
Number of shares subject to redemption		19,004,619			(3,046,750	)		15,957,869

Statement of Operations for the period from August 10, 2020 (inception) to December 31, 2020 (audited)
Change in fair value of warrant liabilities	$	—		$	(8,465,000	)	$	(8,465,000	)
Transaction costs incurred in connection with Initial Public Offering		—			(1,078,550	)		(1,078,550	)
Net loss		(152,423	)		(9,543,550	)		(9,695,973	)
Weighted average shares outstanding of Class A redeemable common stock		18,550,000			—			18,550,000
Basic and diluted income per share, Class A redeemable common stock		—			—			—
Weighted average shares outstanding of Class B non-redeemable common stock		4,438,802			—			4,438,802
Basic and diluted net loss per share, Class B		(0.03	)		(2.15	)		(2.18	)

Statement of Cash Flows for the period from August 10, 2020 (inception) to December 31, 2020 (audited)
Change in fair value of warrant liabilities	$	—		$	8,465,000		$	8,465,000
Transaction costs incurred in connection with Initial Public Offering		—			1,078,550			1,078,550
Net loss		(152,423	)		(9,543,550	)		(9,695,973	)
Initial classification of Class A redeemable common stock		190,192,360			(26,842,500	)		163,349,860
Change in value of Class A redeemable common stock		(146,170	)		(3,625,000	)		(3,771,170	)

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