General form of registration statement for all companies including face-amount certificate companies

RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS - Summary of Reconciliation of Balance Sheets (Detail)

v3.21.1
RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS - Summary of Reconciliation of Balance Sheets (Detail) - USD ($)
Mar. 31, 2021
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Dec. 31, 2018
Current assets:                  
Cash $ 482,585 $ 849,909 $ 974,317 $ 1,261,642 $ 1,492,046 $ 1,589,795 $ 1,618,729 $ 1,784,487  
Prepaid expenses 70,849 10,833 47,084 83,333 109,585 62,738 101,988 138,629  
Total current assets 553,434 860,742 1,021,401 1,344,975 1,601,631 1,652,533 1,720,717 1,923,116  
Investments held in Trust Account 293,322,399 293,315,407 293,255,540 293,168,737 293,182,905 292,054,158 290,822,448 289,260,594  
Total assets 293,875,833 294,176,149 294,276,941 294,513,712 294,784,536 293,706,691 292,543,165 291,183,710  
Current liabilities:                  
Accounts payable 9,920,729 916,939 371,225 26,078 161,682 86,595 82,220 2,600  
Accrued expenses 607,100 779,411 414,571 25,000 50,000 8,860   170,269  
Total current liabilities 10,527,829 1,696,350 785,796 51,078 211,682 95,455 82,220 172,869  
Warrant liability 25,408,750 35,351,250 21,096,250 19,990,000 13,053,750 18,817,500 16,671,250 15,720,000  
Deferred underwriting commissions 9,187,500 9,187,500 9,187,500 9,187,500 9,187,500 9,187,500 9,187,500 9,187,500  
Total liabilities 45,124,079 46,235,100 31,069,546 29,228,578 22,452,932 28,100,455 25,940,970 25,080,369  
Commitments and contingencies  
Ordinary shares, $0.0001 par value; 28,750,000 shares subject to possible redemption at $10.00 per share 287,500,000 287,500,000 287,500,000 287,500,000 287,500,000 287,500,000 287,500,000 287,500,000  
Shareholders' Equity:                  
Preference shares, $0.0001 par value; 2,000,000 shares authorized; none issued and outstanding 0 0 0 0 0 0 0 0  
Ordinary shares, $0.0001 par value; 200,000,000 shares authorized; 7,187,500 shares issued and outstanding (excluding 28,750,000 and shares subject to possible redemption) 719 719 719 719 719 719 719 719  
Additional paid-incapital   0       0      
Retained earnings / (Accumulated deficit) (38,748,965) (39,559,670) (24,293,324) (22,215,585) (15,169,115) (21,894,483) (20,898,524) (21,397,378)  
Total shareholders' equity (38,748,246) (39,558,951) (24,292,605) (22,214,866) (15,168,396) (21,893,764) (20,897,805) (21,396,659) $ 22,306
Total Liabilities and Shareholders' Equity $ 293,875,833 294,176,149 294,276,941 294,513,712 294,784,536 293,706,691 292,543,165 291,183,710  
As Reported                  
Current assets:                  
Cash   849,909 974,317 1,261,642 1,492,046 1,589,795 1,618,729 1,784,487  
Prepaid expenses   10,833 47,084 83,333 109,585 62,738 101,988 138,629  
Total current assets   860,742 1,021,401 1,344,975 1,601,631 1,652,533 1,720,717 1,923,116  
Investments held in Trust Account   293,315,407 293,255,540 293,168,737 293,182,905 292,054,158 290,822,448 289,260,594  
Total assets   294,176,149 294,276,941 294,513,712 294,784,536 293,706,691 292,543,165 291,183,710  
Current liabilities:                  
Accounts payable   916,939 371,225 26,078 161,682 86,595 82,220 2,600  
Accrued expenses   779,411 414,571 25,000 50,000 8,860   170,269  
Total current liabilities   1,696,350 785,796 51,078 211,682 95,455 82,220 172,869  
Deferred underwriting commissions   9,187,500 9,187,500 9,187,500 9,187,500 9,187,500 9,187,500 9,187,500  
Total liabilities   10,883,850 9,973,296 9,238,578 9,399,182 9,282,955 9,269,720 9,360,369  
Commitments and contingencies    
Ordinary shares, $0.0001 par value; 28,750,000 shares subject to possible redemption at $10.00 per share   278,292,290 279,303,640 280,275,130 280,385,350 279,423,730 278,273,440 276,823,340  
Shareholders' Equity:                  
Preference shares, $0.0001 par value; 2,000,000 shares authorized; none issued and outstanding   0 0 0 0 0 0 0  
Ordinary shares, $0.0001 par value; 200,000,000 shares authorized; 7,187,500 shares issued and outstanding (excluding 28,750,000 and shares subject to possible redemption)   811 801 791 790 800 811 826  
Additional paid-incapital   1,906,570 895,230     775,141 1,925,420 3,375,505  
Retained earnings / (Accumulated deficit)   3,092,628 4,103,974 4,999,213 4,999,214 4,224,065 3,073,774 1,623,670  
Total shareholders' equity   5,000,009 5,000,005 5,000,004 5,000,004 5,000,006 5,000,005 5,000,001  
Total Liabilities and Shareholders' Equity   294,176,149 294,276,941 294,513,712 294,784,536 293,706,691 292,543,165 291,183,710  
Restatement Adjustment                  
Current liabilities:                  
Warrant liability   35,351,250 21,096,250 19,990,000 13,053,750 18,817,500 16,671,250 15,720,000  
Total liabilities   35,351,250 21,096,250 19,990,000 13,053,750 18,817,500 16,671,250 15,720,000  
Commitments and contingencies    
Ordinary shares, $0.0001 par value; 28,750,000 shares subject to possible redemption at $10.00 per share   9,207,710 8,196,360 7,224,870 7,114,650 8,076,270 9,226,560 10,676,660  
Shareholders' Equity:                  
Preference shares, $0.0001 par value; 2,000,000 shares authorized; none issued and outstanding   0 0 0 0 0 0 0  
Ordinary shares, $0.0001 par value; 200,000,000 shares authorized; 7,187,500 shares issued and outstanding (excluding 28,750,000 and shares subject to possible redemption)   (92) (82) (72) (71) (81) (92) (107)  
Additional paid-incapital   (1,906,570) (895,230)     (775,141) (1,925,420) (3,375,505)  
Retained earnings / (Accumulated deficit)   (42,652,298) (28,397,298) (27,214,798) (20,168,329) (26,118,548) (23,972,298) (23,021,048)  
Total shareholders' equity   $ (44,558,960) $ (29,292,610) $ (27,214,870) $ (20,168,400) $ (26,893,770) $ (25,897,810) $ (26,396,660)