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<div style="font-size: 18pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 18pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="page-break-inside: avoid;"><td style="width: 5%; vertical-align: top;;text-align:left;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">NOTE</div></div></td><td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">9. FAIR VALUE MEASUREMENTS </div></div></div></td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;">The Company follows the guidance in ASC 820 for its financial assets and liabilities that are <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">re-measured</div> and reported at fair value at each reporting period, and <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-financial</div> assets and liabilities that are <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">re-measured</div> and reported at fair value at least annually. </div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The fair value of the Company’s financial assets and liabilities reflects management’s estimate of amounts that the Company would have received in connection with the sale of the assets or paid in connection with the transfer of the liabilities in an orderly transaction between market participants at the measurement date. In connection with measuring the fair value of its assets and liabilities, the Company seeks to maximize the use of observable inputs (market data obtained from independent sources) and to minimize the use of unobservable inputs (internal assumptions about how market participants would price assets and liabilities). The following fair value hierarchy is used to classify assets and liabilities based on the observable inputs and unobservable inputs used in order to value the assets and liabilities: </div></div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="page-break-inside: avoid;"><td style="width: 5%;"> </td><td style="width: 9%; vertical-align: top;;text-align:left;">Level 1:</td><td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Quoted prices in active markets for identical assets or liabilities. An active market for an asset or liability is a market in which transactions for the asset or liability occur with sufficient frequency and volume to provide pricing information on an ongoing basis. </div></div></td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="page-break-inside: avoid;"><td style="width: 5%;"> </td><td style="width: 9%; vertical-align: top;;text-align:left;">Level 2:</td><td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Observable inputs other than Level 1 inputs. Examples of Level 2 inputs include quoted prices in active markets for similar assets or liabilities and quoted prices for identical assets or liabilities in markets that are not active. </div></div></td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="page-break-inside: avoid;"><td style="width: 5%;"> </td><td style="width: 9%; vertical-align: top;;text-align:left;">Level 3:</td><td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Unobservable inputs based on our assessment of the assumptions that market participants would use in pricing the asset or liability. </div></div></td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">At March 31, 2021 and December 31, 2020, assets held in the Trust Account were comprised of $230,011,533 and $230,005,861 in money market funds, which are invested in U.S. Treasury Securities, respectively. During the three months ended March 31, 2021 and the year ended December 31, 2020, the Company did not withdraw any interest income from the Trust Account. </div></div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The following table presents information about the Company’s assets that are measured at fair value on a recurring basis at March 31, 2021 and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value: </div></div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="margin: 0px auto; border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="font-size: 0px;"><td style="width: 66%; font-family: arial;"></td><td style="width: 3%; vertical-align: bottom; font-family: arial;"></td><td style="font-family: arial;"></td><td style="font-family: arial;"></td><td style="font-family: arial;"></td><td style="width: 3%; vertical-align: bottom; font-family: arial;"></td><td style="font-family: arial;"></td><td style="font-family: arial;"></td><td style="font-family: arial;"></td><td style="width: 3%; vertical-align: bottom; font-family: arial;"></td><td style="font-family: arial;"></td><td style="font-family: arial;"></td><td style="font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid;"><td style="vertical-align: bottom; white-space: nowrap; padding-bottom: 1pt;"><div style="font-family: arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; border-bottom: 1pt solid rgb(0, 0, 0); display: table-cell; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Description</div></div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;">  </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Level</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;">  </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">March 31,</div></div><br/><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">2021</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;">  </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">December 31,</div></div><br/><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">2020</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Assets:</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Marketable securities held in Trust Account – U.S. Treasury Securities Money Market Fund</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">1</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">230,011,533</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">230,005,861</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-size: 1pt;"><td style="height: 6pt; font-family: arial;"></td><td colspan="4" style="height: 6pt; font-family: arial;"></td><td colspan="4" style="height: 6pt; font-family: arial;"></td><td colspan="4" style="height: 6pt; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Liabilities:</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Warrant liabilities – Public Warrants</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">1</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">11,116,667</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">16,790,001</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Warrant liabilities – Placement Warrants</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">3</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">492,066</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">575,432</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Transfers to/from Levels 1, 2 and 3 are recognized at the end of the reporting period. There were no transfers between levels for the three months ended March 31, 2021 and the year-ended December 31, 2020 other than, with respect to the year ended December 31, 2020, the transfer of Public Warrants from Level 3 to Level 1. </div></div><div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Initial Measurement – Public Warrants </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;">The Company established the initial fair value for the Warrants on September 29, 2020, the date of the Company’s Initial Public Offering, using a binomial / lattice model for the Public Warrants. The Company allocated the proceeds received from (i) the sale of Units (which is inclusive of one share of Class A common stock and <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">one-third</div> of one Public Warrant) and (ii) the sale of Private Placement Warrants, first to the Warrants based on their fair values as determined at initial measurement, with the remaining proceeds allocated to Class A common shares subject to possible redemption and Class A common shares based on their relative fair values at the initial measurement date. The Warrants were classified as Level 3 at the initial measurement date due to the use of unobservable inputs. </div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">On September 29, 2020, the Public Warrants were determined to be $1.79 per warrant for aggregate value of $13.7 million. </div></div><div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Subsequent Measurement – Public Warrants </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Public Warrants are measured at fair value on a recurring basis. The subsequent measurement of the Public Warrants as of March 31, 2021 and December 31, 2020 is classified as Level 1 due to the use of an observable market quote in an active market. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">As of March 31, 2021 and December 31, 2020, the aggregate value of the Public Warrants was $11.1 million and $16.8 million, respectively. </div></div><div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Initial and Subsequent Measurement– Private Placement Warrants </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The fair value of the Private Placement Warrants was estimated using a Black-Scholes option pricing model. The underlying assumptions in the Black-Scholes option pricing model include the underlying share price, risk-free interest rate, estimated volatility and the expected term. The underlying share price is based on the trading common share price or implied from the unit price (before the common shares are trading separately), which consists of one common share and </div></div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><div style="font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">one-third</div> public warrant. The expected stock price volatility is based on (i) the observed volatility of a group of comparable publicly traded companies observed over a historical period equal to the expected remaining life of the warrants and (ii) the implied volatility of the Public Warrants calculated using publicly observable prices. The risk-free interest rate is based on the U.S. Treasury yield curve in effect on the date of valuation equal to the remaining expected life of the warrants. The dividend yield percentage is zero because the Company does not currently pay dividends, nor does it intend to do so during the expected term of the warrants. The expected life of the warrants is assumed to be equivalent to their remaining contractual term. Inputs are <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">re-evaluated</div> each quarterly reporting period to estimate the fair market value of the Private Placement Warrants as of the reporting period. </div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The fair value of the Private Placement Warrants was estimated at March 31, 2021 and December 31, 2020 using the Black-Scholes option pricing model with the following assumptions: </div></div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="margin: 0px auto; border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="font-size: 0px;"><td style="width: 78%; font-family: arial;"></td><td style="width: 6%; vertical-align: bottom; font-family: arial;"></td><td style="font-family: arial;"></td><td style="font-family: arial;"></td><td style="font-family: arial;"></td><td style="width: 6%; vertical-align: bottom; font-family: arial;"></td><td style="font-family: arial;"></td><td style="font-family: arial;"></td><td style="font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid;"><td style="vertical-align: bottom; white-space: nowrap; padding-bottom: 1pt;"><div style="font-family: arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; border-bottom: 1pt solid rgb(0, 0, 0); display: table-cell; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Input</div></div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;">  </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">December 31,<br/>2021</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">March 31,<br/>2021</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Risk-free interest rate</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">0.3</td><td style="vertical-align: bottom; white-space: nowrap;">% </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">1.0</td><td style="vertical-align: bottom; white-space: nowrap;">% </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Expected term (years)</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">5.4</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">5.1</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Expected volatility</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">35.0</td><td style="vertical-align: bottom; white-space: nowrap;">% </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">26.1</td><td style="vertical-align: bottom; white-space: nowrap;">% </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Dividend yield</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">0.0</td><td style="vertical-align: bottom; white-space: nowrap;">% </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">0.0</td><td style="vertical-align: bottom; white-space: nowrap;">% </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Exercise price</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">11.50</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">11.50</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Asset price</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">11.30</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">11.18</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">As of March 31, 2021 and December 31, 2020, the aggregate value of the Private Warrants was determined to be $0.5 million and $0.6 million, respectively. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The following table presents the changes in the fair value of warrant liabilities: </div></div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="margin: 0px auto; border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="font-size: 0px;"><td style="width: 64%;"></td><td style="width: 2%; vertical-align: bottom;"></td><td></td><td></td><td></td><td style="width: 2%; vertical-align: bottom;"></td><td></td><td></td><td></td><td style="width: 2%; vertical-align: bottom;"></td><td></td><td></td><td></td></tr><tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid;"><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;">  </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Private<br/>Placement</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Public</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Warrant<br/>Liabilities</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Fair value as of December 31, 2020</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">575,432</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">16,790,001</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">17,365,433</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Change in valuation inputs or other assumptions</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(83,366</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(5,673,334</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(5,756,700</td><td style="vertical-align: bottom; white-space: nowrap;">) </td></tr><tr style="font-size: 1px;"><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Fair value as of March 31, 2021</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">492,066</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">11,116,667</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">11,608,733</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-size: 1px;"><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Transfers to/from Levels 1, 2 and 3 are recognized at the end of the reporting period. There were no transfers between levels for the period from December 31, 2020 through March 31, 2021. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Level 3 financial liabilities consist of the Private Placement Warrant liability for which there is no current market for these securities such that the determination of fair value requires significant judgment or estimation. Changes in fair value measurements categorized within Level 3 of the fair value hierarchy are analyzed each period based on changes in estimates or assumptions and recorded as appropriate. </div></div>
<div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">NOTE 12. SUBSEQUENT EVENTS </div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company evaluated subsequent events and transactions that occurred after the balance sheet date up to the date that the financial statements were issued. Based upon this review, except as </div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table><div style="font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">noted below and in Note 2, the Company did not identify any subsequent events that would have required adjustment or disclosure in the financial statements. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">In March 2021, the underwriters and the Company entered into an agreement that modified the existing September 24, 2020 Underwriting Agreement (see Note 7) by and among the Company and its underwriters. The agreement specifies that, upon the successful completion of the Business Combination Agreement (see Note 7), the deferred underwriter’s commission owed to Cantor Fitzgerald & Co. will be reduced by $2,000,000 and that the deferred underwriter’s commission owed to Wells Fargo Securities, LLC will be reduced by $1,000,000. </div></div>
7870000
787
24213
-25000
-977
-977
25000
25000
-1319
23610000
2361
208561741
208564102
-1985
-198480215
-198482200
-5104603
23610000
230011533
230005861
11116667
492066
2000000
1000000
<div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">NOTE 11. FAIR VALUE MEASUREMENTS </div></div></div> <div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;">The Company follows the guidance in ASC 820 for its financial assets and liabilities that are <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">re-measured</div> and reported at fair value at each reporting period, and <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-financial</div> assets and liabilities that are <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">re-measured</div> and reported at fair value at least annually.</div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> <table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The fair value of the Company’s financial assets and liabilities reflects management’s estimate of amounts that the Company would have received in connection with the sale of the assets or paid in connection with the transfer of the liabilities in an orderly transaction between market participants at the measurement date. In connection with measuring the fair value of its assets and liabilities, the Company seeks to maximize the use of observable inputs (market data obtained from independent sources) and to minimize the use of unobservable inputs (internal assumptions about how market participants would price assets and liabilities). The following fair value hierarchy is used to classify assets and liabilities based on the observable inputs and unobservable inputs used in order to value the assets and liabilities: </div></div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="page-break-inside: avoid;"><td style="width: 5%;"> </td><td style="width: 9%; vertical-align: top;;text-align:left;">Level 1:</td><td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Quoted prices in active markets for identical assets or liabilities. An active market for an asset or liability is a market in which transactions for the asset or liability occur with sufficient frequency and volume to provide pricing information on an ongoing basis. </div></div></td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="page-break-inside: avoid;"><td style="width: 5%;"> </td><td style="width: 9%; vertical-align: top;;text-align:left;">Level 2:</td><td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Observable inputs other than Level 1 inputs. Examples of Level 2 inputs include quoted prices in active markets for similar assets or liabilities and quoted prices for identical assets or liabilities in markets that are not active. </div></div></td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="page-break-inside: avoid;"><td style="width: 5%;"> </td><td style="width: 9%; vertical-align: top;;text-align:left;">Level 3:</td><td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Unobservable inputs based on the Company’s assessment of the assumptions that market participants would use in pricing the asset or liability. </div></div></td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">At December 31, 2020, assets held in the Trust Account were comprised of $230,005,861 in U.S. Treasury securities. During the year ended December 31, 2020, the Company did not withdraw any interest income from the Trust Account. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The following table presents information about the Company’s assets that are measured at fair value on a recurring basis at December 31, 2020 and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value: </div></div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="margin: 0px auto; border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="font-size: 0px;"><td style="width: 81%; font-family: arial;"></td><td style="width: 3%; vertical-align: bottom; font-family: arial;"></td><td style="font-family: arial;"></td><td style="font-family: arial;"></td><td style="font-family: arial;"></td><td style="width: 3%; vertical-align: bottom; font-family: arial;"></td><td style="font-family: arial;"></td><td style="font-family: arial;"></td><td style="font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid;"><td style="vertical-align: bottom; white-space: nowrap; padding-bottom: 1pt;"><div style="font-family: arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; border-bottom: 1pt solid rgb(0, 0, 0); display: table-cell; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Description</div></div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;">  </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Level</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;">  </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">December 31,<br/>2020</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Assets:</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Marketable securities held in Trust Account – U.S. Treasury Securities Money Market Fund</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">1</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">230,005,861</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-size: 1pt;"><td style="height: 6pt; font-family: arial;"></td><td colspan="4" style="height: 6pt; font-family: arial;"></td><td colspan="4" style="height: 6pt; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Liabilities:</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Warrant Liability – Public Warrants</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">1</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">16,790,001</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Warrant Liability – Private Placement Warrants</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">3</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">575,432</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Transfers to/from Levels 1, 2 and 3 are recognized at the end of the reporting period. There were no transfers between levels for the year ended December 31, 2020 other than the transfer of the Public Warrants from Level 3 to Level 1.</div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;">The Warrants were accounted for as liabilities in accordance with ASC <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">815-40</div> and are presented within warrant liabilities on our balance sheet. The warrant liabilities are measured at fair value at inception and on a recurring basis, with changes in fair value presented within change in fair value of warrant liabilities in the statement of operations. </div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><div style="font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Initial Measurement – Public Warrants </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;">The Company established the initial fair value for the Warrants on September 29, 2020, the date of the Company’s Initial Public Offering, using a binomial / lattice model for the Public Warrants. The Company allocated the proceeds received from (i) the sale of Units (which is inclusive of one share of Class A common stock and <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">one-third</div> of one Public Warrant) and (ii) the sale of Private Placement Warrants, first to the Warrants based on their fair values as determined at initial measurement, with the remaining proceeds allocated to Class A common shares subject to possible redemption, Class A common shares and Class B common shares based on their relative fair values at the initial measurement date. The Warrants were classified as Level 3 at the initial measurement date due to the use of unobservable inputs. </div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The key inputs into the binomial / lattice model for the Public Warrants were as follows at initial measurement: </div></div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="margin: 0px auto; border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="font-size: 0px;"><td style="width: 86%; font-family: arial;"></td><td style="width: 10%; vertical-align: bottom; font-family: arial;"></td><td style="font-family: arial;"></td><td style="font-family: arial;"></td><td style="font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid;"><td style="vertical-align: bottom; white-space: nowrap; padding-bottom: 1pt;"><div style="font-family: arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; border-bottom: 1pt solid rgb(0, 0, 0); display: table-cell; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Input</div></div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;">  </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">September 29,</div></div><br/><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">2020<br/>(Initial<br/>Measurement)</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Risk-free interest rate</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">0.3</td><td style="vertical-align: bottom; white-space: nowrap;">% </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Expected term (years)</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">5.4</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Expected volatility</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">35.0</td><td style="vertical-align: bottom; white-space: nowrap;">% </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Call Price</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">18.0</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Exercise price</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">11.50</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Asset Price</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">9.60</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">On September 29, 2020, the Public Warrants were determined to be $1.79 per warrant for aggregate value of $13.7 million. </div></div><div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Subsequent Measurement – Public Warrants </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Warrants are measured at fair value on a recurring basis. The subsequent measurement of the Public Warrants as of December 31, 2020 is classified as Level 1 due to the use of an observable market quote in an active market. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">As of December 31, 2020, the aggregate value of the Public Warrants was $16.8 million. </div></div><div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Initial and Subsequent Measurement – Private Placement Warrants </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The fair value of the Private Placement Warrants was estimated using a Black-Scholes option pricing model. The underlying assumptions in the Black-Scholes option pricing model include the underlying share price, risk-free interest rate, estimated volatility and the expected term. The underlying share price is based on the trading common share price or implied from the unit price (before the common shares are trading separately), which consists of one common share and one-third public warrant. The expected stock price volatility is based on (i) the observed volatility of a group of comparable publicly traded companies observed over a historical period equal to the expected remaining life of the warrants and (ii) the implied volatility of the Public Warrants calculated using publicly observable prices. The risk-free interest rate is based on the U.S. Treasury yield curve in effect </div></div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><div style="font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">on the date of valuation equal to the remaining expected life of the warrants. The dividend yield percentage is zero because the Company does not currently pay dividends, nor does it intend to do so during the expected term of the warrants. The expected life of the warrants is assumed to be equivalent to their remaining contractual term. Inputs are <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">re-evaluated</div> each quarterly reporting period to estimate the fair market value of the Private Placement Warrants as of the reporting period. </div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The fair value of the Private Placement Warrants was estimated at December 31, 2020 using the Black-Scholes option pricing model and the following assumptions: </div></div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="margin: 0px auto; border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="font-size: 0px;"><td style="width: 86%; font-family: arial;"></td><td style="width: 10%; vertical-align: bottom; font-family: arial;"></td><td style="font-family: arial;"></td><td style="font-family: arial;"></td><td style="font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid;"><td style="vertical-align: bottom; white-space: nowrap; padding-bottom: 1pt;"><div style="font-family: arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; border-bottom: 1pt solid rgb(0, 0, 0); display: table-cell; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Input</div></div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;">  </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">September 29,<br/>2020<br/>(Initial<br/>Measurement)</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Risk-free interest rate</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">0.3</td><td style="vertical-align: bottom; white-space: nowrap;">% </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Expected term (years)</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">5.4</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Expected volatility</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">35.0</td><td style="vertical-align: bottom; white-space: nowrap;">% </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Dividend yield</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">0.0</td><td style="vertical-align: bottom; white-space: nowrap;">% </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Exercise price</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">11.50</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Asset Price</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">9.60</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">On September 29, 2020, the Private Warrants were determined to be $2.00 per warrant for aggregate value of $0.4 million. As of December 31, 2020, the aggregate value of the Private Warrants was $0.6 million. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The following table presents the changes in the fair value of warrant liabilities: </div></div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="margin: 0px auto; border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="font-size: 0px;"><td style="width: 64%;"></td><td style="width: 2%; vertical-align: bottom;"></td><td></td><td></td><td></td><td style="width: 2%; vertical-align: bottom;"></td><td></td><td></td><td></td><td style="width: 2%; vertical-align: bottom;"></td><td></td><td></td><td></td></tr><tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid;"><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;">  </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Private<br/>Placement</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;">  </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Public</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;">  </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Warrant<br/>Liabilities</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Initial measurement on September 29, 2020</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">406,666</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">13,723,334</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">14,130,000</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Change in fair value recognized in earnings</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">168,766</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">3,066,667</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">3,235,433</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-size: 1px;"><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: bottom;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Fair value as of December 31, 2020</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;">$575,432</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;">$16,790,001</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;">$17,365,433</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-size: 1px;"><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Due to the use of quoted prices in an active market (Level 1) to measure the fair value of the Public Warrants, subsequent to initial measurement, the Company had transfers out of Level 3 totaling $16,790,001 during the period from September 29, 2020 through December 31, 2020. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Level 3 financial liabilities consist of the Private Placement Warrant liability for which there is no current market for these securities such that the determination of fair value requires significant judgment or estimation. Changes in fair value measurements categorized within Level 3 of the fair value hierarchy are analyzed each period based on changes in estimates or assumptions and recorded as appropriate. </div></div>
824082
277772
1101854
1318971
792983
0
0
1318971
792983
11608733
9800000
9800000
203385680
0
0
327
787
5202308
10105739
-203419
575432
16790001
17365433
-83366
-5673334
<div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">NOTE 4. INITIAL PUBLIC OFFERING </div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;">Pursuant to the Initial Public Offering, the Company sold 23,000,000 Units, which included the full exercise by the underwriters of their over-allotment option in the amount of 3,000,000 Units, at a purchase price of $10.00 per Unit. Each Unit consists of one share of Class A common stock and <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">one-third</div> of one warrant (“Public Warrant”). Each whole Public Warrant entitles the holder to purchase one share of Class A common stock at an exercise price of $11.50, subject to adjustment (see Note 8). </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
5861
3235433
849893
569
275824
792533
-227
-508429
-977
230000000
-230000000
25000
226000000
6100000
90000
-90869
442530
13261
231656601
11739
1148172
10762
41440
202734940
-4252740
9800000
14130000
20338568
10.00
230011533
230005861
10.00
13700000
11100000
16800000
500000
600000
16790001
575432
<div style="font-size: 18pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 18pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="page-break-inside: avoid;"><td style="width: 5%; vertical-align: top;;text-align:left;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">NOTE</div></div></td><td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">8. WARRANTS </div></div></div></td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Warrants</div></div></div></div>—Public Warrants may only be exercised for a whole number of shares. No fractional shares will be issued upon exercise of the Public Warrants. The Public Warrants will become exercisable on the later of (a) 30 days after the completion of a Business Combination or (b) 12 months from the closing of the Initial Public Offering. The Public Warrants will expire five years after the completion of a Business Combination or earlier upon redemption or liquidation. </div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company will not be obligated to deliver any Class A common stock pursuant to the exercise of a Public Warrant and will have no obligation to settle such Public Warrant exercise unless a registration statement under the Securities Act with respect to the shares of Class A common stock underlying the Public Warrants is then effective and a current prospectus relating thereto is available, subject to the Company satisfying its obligations described below with respect to registration. No Public Warrant will be exercisable and the Company will not be obligated to issue any shares to holders seeking to exercise their Public Warrants, unless the issuance of the shares upon such exercise has been registered, qualified or deemed exempt under the securities laws of the state of residence of the exercising holder. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company has agreed that as soon as practicable, but in no event later than 15 business days, after the closing of a Business Combination, it will use its best efforts to file with the SEC a registration statement covering the issuance, under the Securities Act, of the Class A common stock issuable upon exercise of the Public Warrants. The Company will use its best efforts to cause the same to become effective within 60 business days after the closing of the Business Combination and to maintain the effectiveness of such registration statement, and a current prospectus relating thereto, until the expiration of the Public Warrants in accordance with the provisions of the warrant agreement. Notwithstanding the above, if the Class A common stock are, at the time of any exercise of a Public Warrant, not listed on a national securities exchange such that they satisfy the definition of a “covered security” under Section 18(b)(1) of the Securities Act, the Company may, at its option, require holders of Public Warrants who exercise their Public Warrants to do so on a “cashless basis” in accordance with Section 3(a)(9) of the Securities Act and, in the event the Company so elects, the Company will not be required to file or maintain in effect a registration statement, but will use its best efforts to </div></div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><div style="font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">register or qualify the shares under applicable blue sky laws to the extent an exemption is not available. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Redemption of Warrants for Cash.</div></div> The Company may redeem the Public Warrants: </div><div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="page-break-inside: avoid;"><td style="width: 5%;"> </td><td style="width: 1%; vertical-align: top;;text-align:left;">•</td><td style="width: 1%; vertical-align: top;"> </td><td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">in whole and not in part; </div></div></td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="page-break-inside: avoid;"><td style="width: 5%;"> </td><td style="width: 1%; vertical-align: top;;text-align:left;">•</td><td style="width: 1%; vertical-align: top;"> </td><td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">at a price of $0.01 per warrant; </div></div></td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="page-break-inside: avoid;"><td style="width: 5%;"> </td><td style="width: 1%; vertical-align: top;;text-align:left;">•</td><td style="width: 1%; vertical-align: top;"> </td><td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">upon not less than 30 days’ prior written notice of redemption to each warrant holder; and </div></div></td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="page-break-inside: avoid;"><td style="width: 5%;"> </td><td style="width: 1%; vertical-align: top;;text-align:left;">•</td><td style="width: 1%; vertical-align: top;"> </td><td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;">if, and only if, the reported last sale price of the Company’s Class A common stock equals or exceeds $18.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within a <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">30-trading</div> day period ending three business days prior to the date on which the Company sends the notice of redemption to the warrant holders. </div></td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">If and when the warrants become redeemable by the Company, the Company may exercise its redemption right even if it is unable to register or qualify the underlying securities for sale under all applicable state securities laws. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">If the Company calls the Public Warrants for redemption for cash, management will have the option to require all holders that wish to exercise the Public Warrants to do so on a “cashless basis,” as described in the warrant agreement. The exercise price and number of shares of Class A common stock issuable upon exercise of the warrants may be adjusted in certain circumstances including in the event of a stock dividend, or recapitalization, reorganization, merger or consolidation. Additionally, in no event will the Company be required to net cash settle the warrants. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">In addition, if (x) the Company issues additional Class A common stock or equity-linked securities for capital raising purposes in connection with the closing of a Business Combination at an issue price or effective issue price of less than $9.20 per Class A common stock (with such issue price or effective issue price to be determined in good faith by the Company and, in the case of any such issuance to the Sponsor or its affiliates, without taking into account any Founder Shares held by the initial stockholders or such affiliates, as applicable, prior to such issuance) (the “Newly Issued Price”), (y) the aggregate gross proceeds from such issuances represent more than 50% of the total equity proceeds, and interest thereon, available for the funding of a Business Combination on the date of the consummation of a Business Combination (net of redemptions), and (z) the volume weighted average trading price of its Class A common stock during the 20 trading day period starting on the trading day prior to the day on which the Company consummates its Business Combination (such price, the “Market Value”) is below $9.20 per share, the exercise price of the warrants will be adjusted (to the nearest cent) to be equal to 115% of the higher of the Market Value and the Newly Issued Price, and the $18.00 per share redemption trigger price will be adjusted (to the nearest cent) to be equal to 180% of the higher of the Market Value and the Newly Issued Price. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Private Placement Warrants are identical to the Public Warrants underlying the Units sold in the Initial Public Offering, except that the Private Placement Warrants and the Class A common stock issuable upon the exercise of the Private Placement Warrants will not be transferable, assignable or saleable until 30 days after the completion of a Business Combination, subject to certain limited </div></div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><div style="font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">exceptions. Additionally, the Private Placement Warrants will be <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-redeemable</div> so long as they are held by the Sponsor or its permitted transferees. If the Private Placement Warrants are held by someone other than the Sponsor or its permitted transferees, the Private Placement Warrants will be redeemable by the Company and exercisable by such holders on the same basis as the Public Warrants. </div>
P5Y
In addition, if (x) the Company issues additional Class A common stock or equity-linked securities for capital raising purposes in connection with the closing of a Business Combination at an issue price or effective issue price of less than $9.20 per Class A common stock (with such issue price or effective issue price to be determined in good faith by the Company and, in the case of any such issuance to the Sponsor or its affiliates, without taking into account any Founder Shares held by the initial stockholders or such affiliates, as applicable, prior to such issuance) (the “Newly Issued Price”), (y) the aggregate gross proceeds from such issuances represent more than 50% of the total equity proceeds, and interest thereon, available for the funding of a Business Combination on the date of the consummation of a Business Combination (net of redemptions), and (z) the volume weighted average trading price of its Class A common stock during the 20 trading day period starting on the trading day prior to the day on which the Company consummates its Business Combination (such price, the “Market Value”) is below $9.20 per share, the exercise price of the warrants will be adjusted (to the nearest cent) to be equal to 115% of the higher of the Market Value and the Newly Issued Price, and the $18.00 per share redemption trigger price will be adjusted (to the nearest cent) to be equal to 180% of the higher of the Market Value and the Newly Issued Price.
858892
993
-858892
-993
5672
-5756700
4903480
-993
0
0
4903480
-993
23000000
0.00
0.00
8480000
6870000
-0.58
406666
13723334
14130000
168766
3066667
3761780
376
7870000
787
10105739
-5106899
5000003
-49
-4903431
-4903480
4903480
3271432
327
7870000
787
5202308
-203419
7870000
787
24213
-2296
22704
-993
7870000
787
24213
-3289
21711
23000000
3000000
16790001
11.50
<div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">NOTE 7. STOCKHOLDERS’ EQUITY </div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Preferred Stock</div></div></div></div>—The Company is authorized to issue 1,000,000 shares of preferred stock with a par value of $0.0001 per share with such designations, rights and preferences as may be determined from time to time by the Company’s Board of Directors. At March 31, 2021 and December 31, 2020, there were no shares of preferred stock issued or outstanding. </div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Class</div></div></div></div><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;"> A Common Stock</div></div></div></div>—The Company is authorized to issue 100,000,000 shares of Class A common stock with a par value of $0.0001 per share. Holders of Class A common stock are entitled to one vote for each share. At March 31, 2021 and December 31, 2020, there were 3,271,432 and 3,761,780 shares of Class A common stock issued and outstanding, excluding 20,338,568 and 21,584,763 shares of Class A common stock subject to possible redemption. </div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Class</div></div></div></div><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;"> B Common Stock</div></div></div></div>—The Company is authorized to issue 10,000,000 shares of Class B common stock with a par value of $0.0001 per share. Holders of the Company’s Class B common stock are entitled to one vote for each common share. At March 31, 2021 and December 31, 2020, there were 7,870,000 shares of Class B common stock issued and outstanding. </div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Holders of Class B common stock will vote on the election of directors prior to the consummation of a Business Combination. Holders of Class A common stock and Class B common stock will vote together as a single class on all other matters submitted to a vote of stockholders except as required by law. </div></div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">The shares of Class B common stock will automatically convert into shares of Class A common stock at the time of a Business Combination on a <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">one-for-one</div></div> basis, subject to adjustment. In the case that additional shares of Class A common stock or equity-linked securities are issued or deemed issued in excess of the amounts offered in the Initial Public Offering and related to the closing of a Business Combination, the ratio at which shares of Class B common stock shall convert into shares of Class A common stock will be adjusted (unless the holders of a majority of the outstanding shares of Class B common stock agree to waive such adjustment with respect to any such issuance or deemed issuance) so that the number of shares of Class A common stock issuable upon conversion of all shares of Class B common stock will equal, in the aggregate, on an <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">as-converted</div> basis, 25% of the sum of the total number of all shares of common stock issued and outstanding upon completion of the Business Combination, including Private Placement Shares, plus all shares of Class A common stock and equity-linked securities issued or deemed issued in connection with a Business Combination (excluding any shares or equity-linked securities issued, or to be issued, to any seller in a Business Combination). </div>
2.00
400000
<div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">NOTE 5. PRIVATE PLACEMENT </div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;">Simultaneously with the closing of the Initial Public Offering, FinTech Investor Holdings IV, LLC purchased 610,000 Private Placement Units at a price of $10.00 per Private Placement Unit, for an aggregate purchase price of $6,100,000. Each Private Placement Unit consists of one share of Class A common stock and <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">one-third</div> of one warrant (the “Private Placement Warrant”). Each whole Private Placement Warrant is exercisable for one whole share of Class A common stock at a price of $11.50 per share, subject to adjustment. The proceeds from the Private Placement Units were added to the proceeds from the Initial Public Offering held in the Trust Account. If the Company does not complete a Business Combination within the Combination Period, the proceeds from the sale of the Private Placement Units will be used to fund the redemption of the Public Shares (subject to the requirements of applicable law) and the Private Placement Warrants will expire worthless. There will be no redemption rights or liquidating distributions from the Trust Account with respect to the Private Placement Warrants. </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
1.79
1000000
0.0001
0.0001
0
0
10.00
0
<div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">NOTE 10. INCOME TAX </div></div></div> <div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company’s net deferred tax assets are as follows: </div></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> <table cellpadding="0" cellspacing="0" style="margin: 0px auto; border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="font-size: 0px;"><td style="width: 81%;"></td><td style="width: 3%; vertical-align: bottom;"></td><td></td><td></td><td></td><td style="width: 3%; vertical-align: bottom;"></td><td></td><td></td><td></td></tr><tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid;"><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;">  </td><td colspan="6" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">As of December 31,</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td></tr><tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid;"><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;">  </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">2020</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">2019</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Deferred tax asset</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"> </td><td style="vertical-align: bottom; font-family: arial;"> </td><td style="vertical-align: bottom; font-family: arial;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"> </td><td style="vertical-align: bottom; font-family: arial;"> </td><td style="vertical-align: bottom; font-family: arial;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Net operating loss carryforward</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">10,459</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">        —</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Organizational costs/Startup expenses</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">203,589</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-size: 1px;"><td style="vertical-align: bottom; font-family: arial;"> </td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Total deferred tax asset</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">214,048</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Valuation allowance</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(214,048</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-size: 1px;"><td style="vertical-align: bottom; font-family: arial;"> </td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Deferred tax asset, net</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-size: 1px;"><td style="vertical-align: bottom; font-family: arial;"> </td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td></tr></table> <div style="clear: both; max-height: 0px;"></div> <table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> <div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The income tax provision consists of the following: </div></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> <table cellpadding="0" cellspacing="0" style="margin: 0px auto; border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="font-size: 0px;"><td style="width: 80%;"></td><td style="width: 6%; vertical-align: bottom;"></td><td></td><td></td><td></td><td style="width: 6%; vertical-align: bottom;"></td><td></td><td></td><td></td></tr><tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid;"><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;">  </td><td colspan="6" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">As of December 31,</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td></tr><tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid;"><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;">  </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">2020</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">2019</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Federal</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"> </td><td style="vertical-align: bottom; font-family: arial;"> </td><td style="vertical-align: bottom; font-family: arial;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"> </td><td style="vertical-align: bottom; font-family: arial;"> </td><td style="vertical-align: bottom; font-family: arial;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Current</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">        —</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Deferred</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(214,048</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">State</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"> </td><td style="vertical-align: bottom; font-family: arial;"> </td><td style="vertical-align: bottom; font-family: arial;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"> </td><td style="vertical-align: bottom; font-family: arial;"> </td><td style="vertical-align: bottom; font-family: arial;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Current</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Deferred</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Change in valuation allowance</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">214,048</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-size: 1px;"><td style="vertical-align: bottom; font-family: arial;"> </td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Income tax provision</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-size: 1px;"><td style="vertical-align: bottom; font-family: arial;"> </td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td></tr></table> <div style="clear: both; max-height: 0px;"></div> <div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">As of December 31, 2020 and 2019, the Company had $49,805 and $0, respectively, of U.S. federal net operating loss carryovers available to offset future taxable income. </div></div> <div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">In assessing the realization of the deferred tax assets, management considers whether it is more likely than not that some portion of all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which temporary differences representing net future deductible amounts become deductible. Management considers the scheduled reversal of deferred tax liabilities, projected future taxable income and tax planning strategies in making this assessment. After consideration of all of the information available, management believes that significant uncertainty exists with respect to future realization of the deferred tax assets and has therefore established a full valuation allowance. For the years ended December 31, 2020 and 2019, the change in the valuation allowance was $214,048 and $0, respectively. </div></div> <div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"></div> <div style="text-align: center;"><div style="width: 8.5in; text-align: left; margin-right: auto; margin-left: auto;"><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">A reconciliation of the federal income tax rate to the Company’s effective tax rate is as follows: </div></div></div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt; text-indent: 0px;"><div style="display:inline;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></div><table cellpadding="0" cellspacing="0" style="margin: 0px auto; border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px; text-indent: 0px;;width:100%;"><tr style="font-size: 0px;"><td style="width: 80%;"></td><td style="width: 8%; vertical-align: bottom;"></td><td></td><td></td><td></td><td style="width: 8%; vertical-align: bottom;"></td><td></td><td></td><td></td></tr><tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid;"><td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="display:inline;"> </div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="display:inline;">  </div></td><td colspan="6" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">As of December 31,</div></div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="display:inline;"> </div></td></tr><tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid;"><td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="display:inline;"> </div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="display:inline;">  </div></td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">      2020      </div></div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="display:inline;"> </div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="display:inline;"> </div></td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">      2019      </div></div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="display:inline;"> </div></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top; font-size: 10pt;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Statutory federal income tax rate</div></div></div></td><td style="vertical-align: bottom;"><div style="display:inline;">  </div></td><td style="vertical-align: bottom;"><div style="display:inline;"> </div></td><td style="vertical-align: bottom;;text-align:right;"><div style="display:inline;">21.0</div></td><td style="vertical-align: bottom; white-space: nowrap;"><div style="display:inline;">% </div></td><td style="vertical-align: bottom;"><div style="display:inline;"> </div></td><td style="vertical-align: bottom;"><div style="display:inline;"> </div></td><td style="vertical-align: bottom;;text-align:right;"><div style="display:inline;">—</div></td><td style="vertical-align: bottom; white-space: nowrap;"><div style="display:inline;">% </div></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top; font-size: 10pt;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Change in fair value of warrant liability</div></div></div></td><td style="vertical-align: bottom;"><div style="display:inline;">  </div></td><td style="vertical-align: bottom;"><div style="display:inline;"> </div></td><td style="vertical-align: bottom;;text-align:right;"><div style="display:inline;">16.3</div></td><td style="vertical-align: bottom; white-space: nowrap;"><div style="display:inline;">% </div></td><td style="vertical-align: bottom;"><div style="display:inline;"> </div></td><td style="vertical-align: bottom;"><div style="display:inline;"> </div></td><td style="vertical-align: bottom;;text-align:right;"><div style="display:inline;">—</div></td><td style="vertical-align: bottom; white-space: nowrap;"><div style="display:inline;">% </div></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top; font-size: 10pt;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Change in valuation allowance</div></div></div></td><td style="vertical-align: bottom;"><div style="display:inline;">  </div></td><td style="vertical-align: bottom;"><div style="display:inline;"> </div></td><td style="vertical-align: bottom;;text-align:right;"><div style="display:inline;">(4.7</div></td><td style="vertical-align: bottom; white-space: nowrap;"><div style="display:inline;">)% </div></td><td style="vertical-align: bottom;"><div style="display:inline;"> </div></td><td style="vertical-align: bottom;"><div style="display:inline;"> </div></td><td style="vertical-align: bottom;;text-align:right;"><div style="display:inline;">—</div></td><td style="vertical-align: bottom; white-space: nowrap;"><div style="display:inline;">% </div></td></tr><tr style="font-size: 1px;"><td style="vertical-align: bottom;"><div style="display:inline;"></div></td><td style="vertical-align: bottom;"><div style="display:inline;">  </div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></div></td><td><div style="display:inline;"> </div></td><td style="vertical-align: bottom;"><div style="display:inline;"> </div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></div></td><td><div style="display:inline;"> </div></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top; font-size: 10pt;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Income tax provision</div></div></div></td><td style="vertical-align: bottom;"><div style="display:inline;">  </div></td><td style="vertical-align: bottom;"><div style="display:inline;"> </div></td><td style="vertical-align: bottom;;text-align:right;"><div style="display:inline;">(—</div></td><td style="vertical-align: bottom; white-space: nowrap;"><div style="display:inline;">)% </div></td><td style="vertical-align: bottom;"><div style="display:inline;"> </div></td><td style="vertical-align: bottom;"><div style="display:inline;"> </div></td><td style="vertical-align: bottom;;text-align:right;"><div style="display:inline;">—</div></td><td style="vertical-align: bottom; white-space: nowrap;"><div style="display:inline;">% </div></td></tr><tr style="font-size: 1px;"><td style="vertical-align: bottom;"><div style="display:inline;"></div></td><td style="vertical-align: bottom;"><div style="display:inline;">  </div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></div></td><td><div style="display:inline;"> </div></td><td style="vertical-align: bottom;"><div style="display:inline;"> </div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></div></td><td><div style="display:inline;"> </div></td></tr></table><div style="clear: both; max-height: 0px; text-indent: 0px;"></div><div style="clear: both; max-height: 0pt; text-indent: 0px;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company files income tax returns in the U.S. federal jurisdiction in various state and local jurisdictions and is subject to examination by the various taxing authorities. </div></div></div></div></div> <div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
0.25
100000000
0.0001
0.0001
3271432
3271432
3761780
10000000
0.0001
10000000
<div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">NOTE 6. RELATED PARTY TRANSACTIONS </div></div></div><div style="font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Founder Shares </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">In November 2018, the Company issued an aggregate of 7,382,500 shares of common stock to the Sponsor (the “Founder Shares”) for an aggregate purchase price of $25,000. The Company received payment for the Founder Shares in May 2019. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;">On June 13, 2019, the Company filed an amendment to its Certificate of Incorporation to, among other things, create two classes of common stock, Class A and Class B, and to convert the outstanding Founder Shares into shares of Class B common stock. The Founder Shares will automatically convert into shares of Class A common stock upon consummation of a Business Combination on a <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">one-for-one</div></div> basis, subject to certain adjustments, as described in Note 8. Additionally, on June 13, 2019, the Company completed an approximate <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">1.3333333-for-1</div></div> forward stock split of its common stock. Also, on August 10, 2020, the Sponsor contributed back to the Company, for no consideration, 1,973,000 Founder Shares. As a result of the foregoing transactions, the Sponsor now holds 7,870,000 Founder Shares, of which 1,000,000 shares were subject to forfeiture to the extent that the underwriters’ over-allotment option was not exercised in full or in part, so that the Founder Shares would represent 25% of the Company’s aggregate Founder Shares, Private Placement Shares and issued and outstanding Public Shares after the Initial Public Offering. As a result of the underwriters’ election to fully exercise their over-allotment option, 1,000,000 Founder Shares are no longer subject to forfeiture. </div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;">The Insiders have agreed not to transfer, assign or sell any of their Founder Shares (except to permitted transferees) (i) with respect to 25% of such shares, until consummation of the Company’s initial Business Combination, (ii) with respect to 25% of such shares, until the closing price of the Class A common stock exceeds $12.00 for any 20 trading days within a <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">30-trading</div> day period following the consummation of a Business Combination, (iii) with respect to 25% of such shares, until the closing price of the Class A common stock exceeds $13.50 for any 20 trading days within a <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">30-trading</div> day period following the consummation of a Business Combination, and (iv) with respect to 25% of such shares, until the closing price of the Class A common stock exceeds $17.00 for any 20 trading days within a <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">30-trading</div> day period following the consummation of a Business Combination or earlier, in any case, if, following a Business Combination, the Company completes a liquidation, merger, capital stock exchange, reorganization or other similar transaction that results in all of the public stockholders having the right to exchange their shares of common stock for cash, securities or other property. </div><div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Administrative Services Agreement </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company entered into an agreement, commencing on September 25, 2020 through the earlier of the Company’s consummation of a Business Combination and its liquidation, to pay the Sponsor or an affiliate of the Sponsor $20,000 per month for office space, administrative and shared personnel support services. For the year ended December 31, 2020, the Company incurred and paid $60,000 in fees for these services. </div></div><div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Promissory Note — Related Party </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;">On June 12, 2019, as amended on August 5, 2020, the Company issued a promissory note to the Sponsor, pursuant to which the Sponsor agreed to loan the Company up to an aggregate of $500,000 to be used for the payment of costs related to the Initial Public Offering (the “Promissory Note”). The Promissory Note was <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-interest</div> bearing, unsecured and due on the earlier of December 31, 2020 or the completion of the Initial Public Offering. The outstanding balance under the Promissory Note of $90,869 was repaid at the closing of the Initial Public Offering on September 29, 2020. </div><div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Related Party Loans </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">In order to finance transaction costs in connection with a Business Combination, the Sponsor, members of the Company’s management team or any of their respective affiliates or other third parties may, but are not obligated to, loan the Company funds as may be required (“Working Capital Loans”), which will be repaid only upon the consummation of a Business Combination. If the Company does not consummate a Business Combination, the Company may use a portion of any funds held outside the Trust Account to repay the Working Capital Loans; however, no proceeds from the Trust Account may </div></div><div style="font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">be used for such repayment. If such funds are insufficient to repay the Working Capital Loans, the unpaid amounts would be forgiven. Up to $1,500,000 of the Working Capital Loans may be converted into units at a price of $10.00 per unit at the option of the holder. The units would be identical to the Private Placement Units. As of December 31, 2020, there were no amounts outstanding under the Working Capital Loans.</div>
7870000
7870000
7870000
-5756700
5672
1948
525988
127
-334852
-866
770
-770
-334852
-1636
9126
4903480
49805
0
214048
0
10459
203589
0
214048
0
214048
0
0
0
<table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="page-break-inside: avoid;"><td style="width: 5%; vertical-align: top;;text-align:left;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">NOTE</div></div></td><td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1. DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS </div></div></div></td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">FinTech Acquisition Corp. IV (the “Company”) is a blank check company incorporated in Delaware on November 20, 2018. The Company was formed for the purpose of acquiring, through a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business transaction, one or more operating businesses or assets that the Company has not yet identified (a “Business Combination”). The Company has neither engaged in any operations nor generated significant revenue to date. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">As of March 31, 2021, the Company had not yet commenced operations. All activity through March 31, 2021 relates to the Company’s formation, the Initial Public Offering (as defined below), and, subsequent to the Initial Public Offering, identifying a target company for a Business Combination and activities in connection with the proposed acquisition of PWP Holdings LP, a Delaware limited partnership (“PWP”) (see Note 6). </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The registration statement for the Company’s Initial Public Offering was declared effective on September 24, 2020. On September 29, 2020, the Company consummated the Initial Public Offering of 23,000,000 units (the “Units” and, with respect to the shares of Class A common stock included in the Units sold, the “Public Shares”), which includes the full exercise by the underwriters of their over-allotment option in the amount of 3,000,000 Units, at $10.00 per Unit, generating gross proceeds of $230,000,000 which is described in Note 3. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Simultaneously with the closing of the Initial Public Offering, the Company consummated the sale of 610,000 units (the “Private Placement Units”) at a price of $10.00 per Private Placement Unit in a private placement to FinTech Investor Holdings IV, LLC (collectively with FinTech Masala Advisors IV, LLC, the “Sponsor”), generating gross proceeds of $6,100,000, which is described in Note 4. The manager of each entity of the Sponsor is Cohen Sponsor Interests IV, LLC. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Transaction costs amounted to $14,255,791, consisting of $4,000,000 of underwriting fees, $9,800,000 of deferred underwriting fees and $455,791 of other offering costs. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;">Following the closing of the Initial Public Offering on September 29, 2020, an amount of $230,000,000 ($10.00 per Unit) from the net proceeds of the sale of the Units in the Initial Public Offering and the sale of the Private Placement Units was placed in a trust account (the “Trust Account”) and invested in U.S. government securities, within the meaning set forth in Section 2(a)(16) of the Investment Company Act of 1940, as amended (the “Investment Company Act”), with a maturity of 185 days or less, or in money market funds meeting certain conditions under Rule <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">2a-7</div> promulgated under the Investment Company Act which invest only in direct U.S. government treasury obligations, until the earlier of: (i) the consummation of a Business Combination; (ii) the redemption of any Public Shares in connection with a stockholder vote to amend the Company’s Amended and Restated Certificate of Incorporation (A) to modify the substance or timing of the Company’s obligation to redeem 100% of its Public Shares if it does not complete an initial Business Combination by September 29, 2022 (the “Combination Period”) or (B) with respect to any other provisions relating to stockholders’ rights or <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">pre-initial</div> Business Combination activity; or (iii) the distribution of the Trust Account, as described below, except that interest earned on the Trust Account can be released to pay the Company’s tax obligations, if the Company is unable to complete an initial Business Combination within the Combination Period or upon any earlier liquidation of the Company. </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company’s management has broad discretion with respect to the specific application of the net proceeds of the Initial Public Offering and Private Placement Units, although substantially all of the net proceeds are intended to be applied generally toward consummating a Business Combination. Nasdaq Capital Market (“NASDAQ”) rules provide that the Company’s initial Business Combination must be with one or more target businesses that together have a fair market value equal to at least 80% of the balance in the Trust Account (less any deferred underwriting commissions and taxes payable on interest earned) at the time of the signing a definitive agreement in connection with a Business Combination. However, the Company will only complete a Business Combination if the post-Business Combination company owns or acquires a majority of the outstanding voting securities of the target or otherwise acquires a controlling interest in the target sufficient for it not to be required to register as an investment company under the Investment Company Act. There is no assurance that the Company will be able to successfully effect a Business Combination. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;">The Company will provide its stockholders with the opportunity to redeem all or a portion of the Public Shares upon the completion of a Business Combination either (i) in connection with a stockholder meeting called to approve the Business Combination or (ii) by means of a tender offer. The decision as to whether the Company will seek stockholder approval of a Business Combination or conduct a tender offer will be made by the Company, solely in its discretion. The stockholders will be entitled to redeem their shares for a pro rata portion of the amount then on deposit in the Trust Account (initially $10.00 per share, plus any pro rata interest earned on the funds held in the Trust Account and not previously released to the Company to pay its tax obligations). The <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">per-share</div> amount to be distributed to stockholders who redeem their shares will not be reduced by the deferred underwriting commissions the Company will pay to the representatives (as discussed in Note 6). There will be no redemption rights upon the completion of a Business Combination with respect to the Company’s warrants. </div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company will proceed with a Business Combination only if the Company has net tangible assets of at least $5,000,001 upon consummation of a Business Combination and, if the Company seeks stockholder approval, a majority of the outstanding shares voted are voted in favor of the Business Combination. If a stockholder vote is not required by law and the Company does not decide to hold a stockholder vote for business or other legal reasons, the Company will, pursuant to its Amended and Restated Certificate of Incorporation, conduct the redemptions pursuant to the tender offer rules of the Securities and Exchange Commission (“SEC”), and file tender offer documents with the SEC prior to completing a Business Combination. If, however, stockholder approval of the transaction is required by law, or the Company decides to obtain stockholder approval for business or other legal reasons, the Company will offer to redeem shares in conjunction with a proxy solicitation pursuant to the proxy rules and not pursuant to the tender offer rules. If the Company seeks stockholder approval in connection with a Business Combination, the Sponsor and the Company’s officers and directors (the “Insiders”) have agreed to vote their Founder Shares (as defined in Note 5), the shares of Class A common stock included in the Private Placement Units (the “Private Placement Shares”) and any Public Shares held by them in favor of approving a Business Combination. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company will have until the expiration of the Combination Period to consummate its initial Business Combination. If the Company is unable to consummate a Business Combination within the Combination Period, the Company will (i) cease all operations except for the purposes of winding up of its affairs; (ii) distribute the aggregate amount then on deposit in the Trust Account, including any </div></div><div style="font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">amounts representing interest earned on the Trust Account not previously released to the Company to pay its franchise and income taxes and up to $100,000 to pay dissolution expenses, pro rata to the public stockholders by way of redemption of the Public Shares (which redemption would completely extinguish such holders’ rights as stockholders, including the right to receive further liquidation distributions, if any); and (iii) as promptly as possible following such redemption, dissolve and liquidate the balance of the Company’s net assets to its remaining stockholders, as part of its plan of dissolution and liquidation. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;">The Company will also provide its stockholders with the opportunity to redeem all or a portion of their Public Shares in connection with any stockholder vote to approve an amendment to the Company’s amended and restated certificate of incorporation (i) that would modify the substance or timing of the Company’s obligation to redeem 100% of Public Shares if it does not complete an initial Business Combination within the Combination Period or (ii) with respect to any other provisions relating to stockholders’ rights or <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">pre-initial</div> Business Combination activity. The stockholders will be entitled to redeem their shares for a pro rata portion of the amount then on deposit in the Trust Account (initially approximately $10.00 per share, plus any pro rata interest earned on the funds held in the Trust Account, net of taxes payable). The <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">per-share</div> amount to be distributed to stockholders who redeem their shares will not be reduced by the deferred underwriting commissions the Company will pay to the representatives (as discussed in Note 6). There will be no redemption rights with respect to the Company’s warrants in connection with such a stockholder vote to approve such an amendment to the Company’s amended and restated certificate of incorporation. Notwithstanding the foregoing, the Company may not redeem shares in an amount that would cause its net tangible assets to be less than $5,000,001. The Insiders have agreed to vote any Founder Shares, Private Placement Shares and any Public Shares held by them in favor of any such amendment. </div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;">The Insiders have agreed to waive their redemption rights with respect to any Founder Shares and Private Placement Shares, as applicable, (i) in connection with the consummation of a Business Combination, (ii) in connection with a stockholder vote to amend the Company’s Amended and Restated Certificate of Incorporation (a) to modify the substance or timing of the Company’s obligation to redeem 100% of its Public Shares if it does not complete its initial Business Combination within the Combination Period or (b) with respect to any other provisions relating to stockholders’ rights or <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">pre-initial</div> Business Combination activity, and (iii) if the Company fails to consummate a Business Combination within the Combination Period. The Insiders have also agreed to waive their redemption rights with respect to any Public Shares held by them in connection with the consummation of a Business Combination and in connection with a stockholder vote to amend the Company’s Amended and Restated Certificate of Incorporation (i) to modify the substance or timing of the Company’s obligation to redeem 100% of its Public Shares if it does not complete its initial Business Combination within the Combination Period or (ii) with respect to any other provisions relating to stockholders’ rights or <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">pre-initial</div> Business Combination activity. However, the Insiders will be entitled to redemption rights with respect to Public Shares if the Company fails to consummate a Business Combination or liquidates within the Combination Period. The representatives have agreed to waive their rights to deferred underwriting commissions held in the Trust Account in the event the Company does not consummate a Business Combination within the Combination Period and, in such event, such amounts will be included with the funds held in the Trust Account that will be available to fund the redemption of the Public Shares. In the event of such distribution, it is possible that the per share value of the residual assets remaining available for distribution (including Trust Account assets) will be less than the initial </div><div style="font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">public offering price per Unit in the Initial Public Offering. Placing funds in the Trust Account may not protect those funds from third party claims against the Company. Although the Company will seek to have all vendors, service providers, prospective target businesses or other entities it engages, execute agreements with the Company waiving any claim of any kind in or to any monies held in the Trust Account, there is no guarantee that such persons will execute such agreements. FinTech Investor Holdings IV, LLC has agreed that it will be liable under certain circumstances to ensure that the proceeds in the Trust Account are not reduced by the claims of target businesses or vendors or other entities that are owed money by the Company for service rendered, contracted for or products sold to the Company. However, it may not be able to satisfy those obligations should they arise. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Notwithstanding the foregoing redemption rights, if the Company seeks stockholder approval of its Business Combination and it does not conduct redemptions in connection with its Business Combination pursuant to the tender offer rules, the Amended and Restated Certificate of Incorporation provides that a public stockholder, together with any affiliate of such stockholder or any other person with whom such stockholder is acting in concert or as a “group” (as defined under Section 13 of the Exchange Act), will be restricted from redeeming its shares with respect to an aggregate of 15% or more of the shares sold in the Initial Public Offering. However, there is no restriction on the Company’s stockholders’ ability to vote all of their shares for or against a Business Combination. </div></div>
<div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">NOTE 6. COMMITMENTS AND CONTINGENCIES </div></div></div><div style="font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Risks and Uncertainties </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;">Management continues to evaluate the impact of the <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">COVID-19</div> pandemic and has concluded that while it is reasonably possible that the virus could have a negative effect on the Company’s financial position and/or search for a target company, the specific impact is not readily determinable as of the date of these financial statements. The financial statements do not include any adjustments that might result from the outcome of this uncertainty. </div><div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Registration Rights </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Pursuant to a registration rights agreement entered into on September 24, 2020, the holders of the Founder Shares, Private Placement Units (including securities contained therein) and the units that may be issued upon conversion of the Working Capital Loans (and any shares of Class A common stock issuable upon the exercise of the Private Placement Warrants or the warrants included in the units issued upon conversion of the Working Capital Loans) will be entitled to registration rights requiring the Company to register such securities for resale (in the case of the Founder Shares, only after conversion to Class A common stock). The holders of these securities will be entitled to make up to three demands, excluding short form demands, that the Company register such securities. In addition, the holders will have certain “piggy-back” registration rights with respect to registration statements filed subsequent to the completion of a Business Combination and rights to require the Company to register for resale such securities pursuant to Rule 415 under the Securities Act. The Company will bear the expenses incurred in connection with the filing of any such registration statements. </div></div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><div style="font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Underwriting Agreement </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Cantor Fitzgerald & Co. and Wells Fargo Securities, LLC, as representatives of the several underwriters, are entitled to a deferred fee of $9,800,000. The deferred fee will become payable to the representatives from the amounts held in the Trust Account solely in the event that the Company completes a Business Combination, subject to the terms of the underwriting agreement. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">In March 2021, the underwriters and the Company entered into an agreement that modified the existing September 24, 2020 Underwriting Agreement by and among the Company and its underwriters. The agreement specifies that, upon the successful completion of the Business Combination Agreement, the deferred underwriter’s commission owed to Cantor Fitzgerald & Co. will be reduced by $2,000,000 and that the deferred underwriter’s commission owed to Wells Fargo Securities, LLC will be reduced by $1,000,000. </div></div><div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Business Combination Agreement </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;">On December 29, 2020, the Company entered into a Business Combination Agreement (the “Business Combination Agreement”), by and among the Company, FinTech Investor Holdings IV, LLC, a Delaware limited liability company, Fintech Masala Advisors, LLC, a Delaware limited liability company (together with FinTech Investor Holdings IV, LLC, the “Sponsor”), PWP, PWP GP LLC, a Delaware limited liability company and the general partner of PWP (“PWP GP”), PWP Professional Partners LP, a Delaware limited partnership and a limited partner of PWP (“Professionals”), and Perella Weinberg Partners LLC, a Delaware limited liability company and the general partner of Professionals (“Professionals GP”) pursuant to which, among other things, the Company will acquire interests in PWP, which will become jointly-owned by the Company, Professionals, and certain existing partners of PWP and following the Closing will serve as the Company’s operating partnership as part of an umbrella limited partnership <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">C-corporation</div> <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">(Up-C)</div> structure. </div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Pursuant to the Business Combination Agreement, subject to certain conditions set forth therein, in connection with the closing of the transactions contemplated by the Business Combination Agreement (the “Closing”): </div></div><div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="page-break-inside: avoid;"><td style="width: 5%;"> </td><td style="width: 6%; vertical-align: top;;text-align:left;">(i)</td><td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">the Company will acquire newly-issued common units of PWP in exchange for cash in an amount equal to the outstanding excess cash balances of the Company (including the proceeds from the PIPE Investment (as defined below)) as of Closing net of redemptions elected by the Company’s public stockholders pursuant to their redemption rights described below (such aggregate outstanding cash balances, “Company Cash”), with the number of such interests to be issued to be calculated based on the formula set forth on Schedule C to the Business Combination Agreement; </div></div></td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="page-break-inside: avoid;"><td style="width: 5%;"> </td><td style="width: 6%; vertical-align: top;;text-align:left;">(ii)</td><td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Professionals will contribute the equity interests of PWP GP, the general partner of PWP, to the Company; </div></div></td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="page-break-inside: avoid;"><td style="width: 5%;"> </td><td style="width: 6%; vertical-align: top;;text-align:left;">(iii)</td><td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;">the Company will issue (A) to Professionals, new shares of <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Class B-1</div> common stock, which will have 10 votes per share (for so long as Professionals or its limited partners as of the Closing maintain ownership of at least 10% of the issued and outstanding Class A common units of PWP, otherwise such <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Class B-1</div> common stock shall have one vote per share) and (B) to investor limited partners of PWP, new shares of <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Class B-2</div> common stock, which will </div></td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="page-break-inside: avoid;"><td style="width: 11%;"> </td><td style="vertical-align: top;;text-align:left;">have one vote per share, with the number of shares of such common stock to be issued to equal the number of common units of PWP that will be held by Professionals and such investor limited partners, respectively, following the Closing; and </td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="page-break-inside: avoid;"><td style="width: 5%;"> </td><td style="width: 6%; vertical-align: top;;text-align:left;">(iv)</td><td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;">the Company will repay certain indebtedness of PWP, pay certain expenses, retain up to $10 million of cash on its balance sheet, and subject to the availability of transaction proceeds, the Company will first redeem certain limited partnership interests held by certain electing third party investor limited partners of PWP and second redeem certain electing <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-working</div> limited partners of Professionals (collectively with the other transactions contemplated by the Business Combination Agreement, the “Business Combination”). </div></td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Closing is subject to the satisfaction of customary conditions as set forth in the Business Combination Agreement. </div></div><div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Private Placement Subscription Agreements </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">On December 29, 2020, concurrently with the execution of the Business Combination Agreement, the Company also entered into subscription agreements (“Subscription Agreements”) with certain investors (collectively, the “PIPE Investors”) pursuant to, and on the terms and subject to the conditions of which, the PIPE Investors have collectively subscribed for 12,500,000 shares of the Company’s Class A common stock for an aggregate purchase price equal to $125,000,000 (the “PIPE Investment”), a portion of which is expected to be funded by one or more affiliates of the Sponsor. The PIPE Investment will be consummated substantially concurrently with the closing of the Business Combination. </div></div>
0
-214048
0
0
0
0
0
214048
0
0
0
23000000
4000000
455791
<div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">NOTE 9. WARRANT LIABILITIES </div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Warrants</div></div></div></div>—Public Warrants may only be exercised for a whole number of shares. No fractional shares will be issued upon exercise of the Public Warrants. The Public Warrants will become exercisable on the later of (a) 30 days after the completion of a Business Combination or (b) 12 months from the closing of the Initial Public Offering. The Public Warrants will expire five years after the completion of a Business Combination or earlier upon redemption or liquidation. </div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company will not be obligated to deliver any Class A common stock pursuant to the exercise of a Public Warrant and will have no obligation to settle such Public Warrant exercise unless a registration statement under the Securities Act with respect to the shares of Class A common stock underlying the Public Warrants is then effective and a current prospectus relating thereto is available, subject to the Company satisfying its obligations described below with respect to registration. No Public Warrant will be exercisable and the Company will not be obligated to issue any shares to holders seeking to exercise their Public Warrants, unless the issuance of the shares upon such exercise has been registered, qualified or deemed exempt under the securities laws of the state of residence of the exercising holder. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company has agreed that as soon as practicable, but in no event later than 15 business days, after the closing of a Business Combination, it will use its best efforts to file with the SEC a registration statement covering the issuance, under the Securities Act, of the Class A common stock issuable upon exercise of the Public Warrants. The Company will use its best efforts to cause the same to become effective within 60 business days after the closing of the Business Combination and to maintain the effectiveness of such registration statement, and a current prospectus relating thereto, until the expiration of the Public Warrants in accordance with the provisions of the warrant agreement. Notwithstanding the above, if the shares of Class A common stock are, at the time of any exercise of a Public Warrant, not listed on a national securities exchange such that they satisfy the definition of a “covered security” under Section 18(b)(1) of the Securities Act, the Company may, at its option, require holders of Public Warrants who exercise their Public Warrants to do so on a “cashless basis” in accordance with Section 3(a)(9) of the Securities Act and, in the event the Company so elects, the Company will not be required to file or maintain in effect a registration statement, but will use its best efforts to register or qualify the shares under applicable blue sky laws to the extent an exemption is not available. </div></div><div style="font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Redemption of Warrants for Cash</div></div></div></div><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">.</div></div> The Company may redeem the Public Warrants: </div><div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="page-break-inside: avoid;"><td style="width: 5%;"> </td><td style="width: 1%; vertical-align: top;;text-align:left;">•</td><td style="width: 1%; vertical-align: top;"> </td><td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">in whole and not in part; </div></div></td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="page-break-inside: avoid;"><td style="width: 5%;"> </td><td style="width: 1%; vertical-align: top;;text-align:left;">•</td><td style="width: 1%; vertical-align: top;"> </td><td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">at a price of $0.01 per warrant; </div></div></td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="page-break-inside: avoid;"><td style="width: 5%;"> </td><td style="width: 1%; vertical-align: top;;text-align:left;">•</td><td style="width: 1%; vertical-align: top;"> </td><td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">upon not less than 30 days’ prior written notice of redemption to each warrant holder; and </div></div></td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="page-break-inside: avoid;"><td style="width: 5%;"> </td><td style="width: 1%; vertical-align: top;;text-align:left;">•</td><td style="width: 1%; vertical-align: top;"> </td><td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;">if, and only if, the reported last sale price of the Company’s Class A common stock equals or exceeds $18.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within a <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">30-trading</div> day period ending three business days prior to the date on which the Company sends the notice of redemption to the warrant holders. </div></td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">If and when the warrants become redeemable by the Company, the Company may exercise its redemption right even if it is unable to register or qualify the underlying securities for sale under all applicable state securities laws. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">If the Company calls the Public Warrants for redemption for cash, management will have the option to require all holders that wish to exercise the Public Warrants to do so on a “cashless basis,” as described in the warrant agreement. The exercise price and number of shares of Class A common stock issuable upon exercise of the warrants may be adjusted in certain circumstances including in the event of a stock dividend, or recapitalization, reorganization, merger or consolidation. Additionally, in no event will the Company be required to net cash settle the warrants. </div></div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">In addition, if (x) the Company issues additional Class A common stock or equity-linked securities for capital raising purposes in connection with the closing of a Business Combination at an issue price or effective issue price of less than $9.20 per Class A common stock (with such issue price or effective issue price to be determined in good faith by the Company and, in the case of any such issuance to the Sponsor or its affiliates, without taking into account any Founder Shares held by the initial stockholders or such affiliates, as applicable, prior to such issuance) (the “Newly Issued Price”), (y) the aggregate gross proceeds from such issuances represent more than 50% of the total equity proceeds, and interest thereon, available for the funding of a Business Combination on the date of the consummation of a Business Combination (net of redemptions), and (z) the volume weighted average trading price of its Class A common stock during the 20 trading day period starting on the trading day prior to the day on which the Company consummates its Business Combination (such price, the “Market Value”) is below $9.20 per share, the exercise price of the warrants will be adjusted (to the nearest cent) to be equal to 115% of the higher of the Market Value and the Newly Issued Price, and the $18.00 per share redemption trigger price will be adjusted (to the nearest cent) to be equal to 180% of the higher of the Market Value and the Newly Issued Price. </div></div> <div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;">The Private Placement Warrants are identical to the Public Warrants underlying the Units sold in the Initial Public Offering, except that the Private Placement Warrants and the Class A common stock issuable upon the exercise of the Private Placement Warrants will not be transferable, assignable or saleable until 30 days after the completion of a Business Combination, subject to certain limited exceptions. Additionally, the Private Placement Warrants will be <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-redeemable</div> so long as they are held by the Sponsor or its permitted transferees. If the Private Placement Warrants are held by someone other than the Sponsor or its permitted transferees, the Private Placement Warrants will be redeemable by the Company and exercisable by such holders on the same basis as the Public Warrants. </div> <table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
125000000
P5Y
9800000
230000000
1.00
2000000
1000000
0.80
10.00
5000001
100000
<div style="font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">NOTE 8. STOCKHOLDERS’ EQUITY </div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Preferred Stock</div></div></div></div>—The Company is authorized to issue 1,000,000 shares of preferred stock with a par value of $0.0001 per share with such designations, rights and preferences as may be determined from time to time by the Company’s Board of Directors. At December 31, 2020 and, 2019 there were no shares of preferred stock issued or outstanding. </div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Class</div></div></div></div><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;"> A Common Stock</div></div></div></div>—The Company is authorized to issue 100,000,000 shares of Class A common stock with a par value of $0.0001 per share. Holders of Class A common stock are entitled to one vote for each share. At December 31, 2020, there were 3,761,780 shares of Class A common stock issued and outstanding, excluding 19,848,220 shares of Class A common stock subject to possible redemption. At December 31, 2019, there were no shares of Class A common stock issued or outstanding. </div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Class</div></div></div></div><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;"> B Common Stock</div></div></div></div>—On June 13, 2019, the Company filed an amendment to its Certificate of Incorporation. The Company is authorized to issue 10,000,000 shares of Class B common stock with a par value of $0.0001 per share. Holders of the Company’s Class B common stock are entitled to one vote for each common share. At December 31, 2020 and 2019 there were 7,870,000 shares of Class B common stock issued and outstanding. </div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Holders of Class B common stock will vote on the election of directors prior to the consummation of a Business Combination. Holders of Class A common stock and Class B common stock will vote together as a single class on all other matters submitted to a vote of stockholders except as required by law. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;">The shares of Class B common stock will automatically convert into shares of Class A common stock at the time of a Business Combination on a <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">one-for-one</div></div> basis, subject to adjustment. In the case that additional shares of Class A common stock or equity-linked securities are issued or deemed issued in excess of the amounts offered in the Initial Public Offering and related to the closing of a Business Combination, the ratio at which shares of Class B common stock shall convert into shares of Class A common stock will be adjusted (unless the holders of a majority of the outstanding shares of Class B common stock agree to waive such adjustment with respect to any such issuance or deemed issuance) so that the number of shares of Class A common stock issuable upon conversion of all shares of Class B common stock will equal, in the aggregate, on an <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">as-converted</div> basis, 25% of the sum of the total number of all shares of common stock issued and outstanding upon completion of the Business Combination, including Private Placement Shares, plus all shares of Class A common stock and equity-linked securities issued or deemed issued in connection with a Business Combination (excluding any shares or equity-linked securities issued, or to be issued, to any seller in a Business Combination). </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
(i) that would modify the substance or timing of the Company’s obligation to redeem 100% of Public Shares if it does not complete an initial Business Combination within the Combination Period or (ii) with respect to any other provisions relating to stockholders’ rights or pre-initial Business Combination activity. The stockholders will be entitled to redeem their shares for a pro rata portion of the amount then on deposit in the Trust Account (initially approximately $10.00 per share, plus any pro rata interest earned on the funds held in the Trust Account, net of taxes payable). The per-share amount to be distributed to stockholders who redeem their shares will not be reduced by the deferred underwriting commissions the Company will pay to the representatives (as discussed in Note 6). There will be no redemption rights with respect to the Company’s warrants in connection with such a stockholder vote to approve such an amendment to the Company’s amended and restated certificate of incorporation. Notwithstanding the foregoing, the Company may not redeem shares in an amount that would cause its net tangible assets to be less than $5,000,001. The Insiders have agreed to vote any Founder Shares, Private Placement Shares and any Public Shares held by them in favor of any such amendment.
1.00
0.15
1000000
1000000
0.0001
The Insiders have agreed not to transfer, assign or sell any of their Founder Shares (except to permitted transferees) (i) with respect to 25% of such shares, until consummation of the Company’s initial Business Combination, (ii) with respect to 25% of such shares, until the closing price of the Class A common stock exceeds $12.00 for any 20 trading days within a 30-trading day period following the consummation of a Business Combination, (iii) with respect to 25% of such shares, until the closing price of the Class A common stock exceeds $13.50 for any 20 trading days within a 30-trading day period following the consummation of a Business Combination, and (iv) with respect to 25% of such shares, until the closing price of the Class A common stock exceeds $17.00 for any 20 trading days within a 30-trading day period following the consummation of a Business Combination or earlier, in any case, if, following a Business Combination, the Company completes a liquidation, merger, capital stock exchange, reorganization or other similar transaction that results in all of the public stockholders having the right to exchange their shares of common stock for cash, securities or other property.
0
0
10.00
0
610000
10.00
100000000
100000000
0.0001
3761780
<table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="page-break-inside: avoid;"><td style="width: 5%; vertical-align: top;;text-align:left;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">NOTE</div></div></td><td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES </div></div></div></td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Basis of Presentation </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;">The accompanying unaudited condensed financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and in accordance with the instructions to <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Form 10-Q</div> and Regulation <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">S-X</div> of the SEC. Certain information or footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted, pursuant to the rules and regulations of the SEC for interim financial reporting. Accordingly, they do not include all the information and footnotes necessary for a complete presentation of financial position, results of operations, or cash flows and the three months ended March 31, 2020 have not been included in the unaudited financial statements and footnotes as they are immaterial. In the opinion of management, the accompanying unaudited condensed financial statements include all adjustments, consisting of a normal recurring nature, which are necessary for a fair presentation of the financial position, operating results and cash flows for the periods presented. </div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;">The accompanying unaudited condensed financial statements should be read in conjunction with the audited financial statements and the notes thereto included in the Company’s Annual Report on Form <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">10-K/A</div> as filed with the SEC on May 4, 2021. The interim results for the three ended March 31, 2021 are not necessarily indicative of the results to be expected for the year ending December 31, 2021 or for any future interim periods. </div><div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Emerging Growth Company </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company is an “emerging growth company,” as defined in Section 2(a) of the Securities Act, as modified by the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”), and it may take </div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table><div style="font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">advantage of certain exemptions from various reporting requirements that are applicable to other public companies that are not emerging growth companies including, but not limited to, not being required to comply with the independent registered public accounting firm attestation requirements of Section 404 of the Sarbanes-Oxley Act of 2002, reduced disclosure obligations regarding executive compensation in its periodic reports and proxy statements, and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and stockholder approval of any golden parachute payments not previously approved. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;">Further, Section 102(b)(1) of the JOBS Act exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that have not had a Securities Act registration statement declared effective or do not have a class of securities registered under the Exchange Act) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that a company can elect to opt out of the extended transition period and comply with the requirements that apply to <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-emerging</div> growth companies but any such election to opt out is irrevocable. The Company has elected not to opt out of such extended transition period which means that when a standard is issued or revised and it has different application dates for public or private companies, the Company, as an emerging growth company, can adopt the new or revised standard at the time private companies adopt the new or revised standard. This may make comparison of the Company’s financial statements with another public company which is neither an emerging growth company nor an emerging growth company which has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used. </div><div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Use of Estimates </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The preparation of condensed financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed financial statements and the reported amounts of revenues and expenses during the reporting periods. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future events. One of the more significant accounting estimates included in these unaudited condensed financial statements is the determination of the value of the warrant liability. Such estimates may be subject to change as more current information becomes available and accordingly, the actual results could differ significantly from those estimates.</div></div><div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Cash and Cash Equivalents </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company considers all short-term investments with an original maturity of three months or less when purchased to be cash equivalents. The Company did not have any cash equivalents as of March 31, 2021 and December 31, 2020. </div></div><div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Marketable Securities Held in Trust Account </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">At March 31, 2021 and December 31, 2020, substantially all of the assets held in the Trust Account were held in U.S. Treasury Securities Money Market Funds. </div></div><div style="font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Class A Common Stock Subject to Possible Redemption </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company accounts for its Class A common stock subject to possible redemption in accordance with the guidance in Accounting Standards Codification (“ASC”) Topic 480 “Distinguishing Liabilities from Equity.” Class A common stock subject to mandatory redemption is classified as a liability instrument and is measured at fair value. Conditionally redeemable common stock (including common stock that features redemption rights that are either within the control of the holder or subject to redemption upon the occurrence of uncertain events not solely within the Company’s control) is classified as temporary equity. At all other times, common stock is classified as stockholders’ equity. The Company’s Class A common stock features certain redemption rights that are considered to be outside of the Company’s control and subject to occurrence of uncertain future events. Accordingly, at March 31, 2021 and December 31, 2020, 20,338,568 and 21,584,763 shares of Class A common stock subject to possible redemption is presented as temporary equity, outside of the stockholders’ equity section of the Company’s condensed balance sheets, respectively. </div></div><div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Offering Costs </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Offering costs consist of underwriting, legal, accounting and other expenses that were directly related to the Initial Public Offering. Offering costs were allocated on a relative fair value basis between stockholders’ equity and expense. The portion of offering costs allocated to the public shares has been charged to stockholders’ equity. Offering costs totaled $14,255,791 (consisting of $4,000,000 of underwriting fees, $9,800,000 of deferred underwriting fees and $455,791 of other offering costs), of which $849,893 was charged to expense and $13,405,898 was charged to stockholders’ equity upon completion of the Initial Public Offering. </div></div><div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Warrant Liabilities </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company accounts for warrants as either equity-classified or liability-classified instruments based on an assessment of the warrant’s specific terms and applicable authoritative guidance in Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 480, Distinguishing Liabilities from Equity (“ASC 480”) and ASC 815, Derivatives and Hedging (“ASC 815”). The assessment considers whether the warrants are freestanding financial instruments pursuant to ASC 480, meet the definition of a liability pursuant to ASC 480, and whether the warrants meet all of the requirements for equity classification under ASC 815, including whether the warrants are indexed to the Company’s own ordinary shares, among other conditions for equity classification. This assessment, which requires the use of professional judgment, is conducted at the time of warrant issuance and as of each subsequent quarterly period end date while the warrants are outstanding. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;">For issued or modified warrants that meet all of the criteria for equity classification, the warrants are required to be recorded as a component of additional <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">paid-in</div> capital at the time of issuance. For issued or modified warrants that do not meet all the criteria for equity classification, the warrants are required to be recorded as a derivative liability at their initial fair value on the date of issuance, and each balance sheet date thereafter. Changes in the estimated fair value of the warrants are recognized as a <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-cash</div> gain or loss on the statements of operations. The fair value of the Public Warrants was initially measured using a binomial / lattice model with subsequent periods measured at the trading price, whereas the Private Placement Warrants were initially and subsequently measured using the Black-Scholes Option Pricing Model. (see Note 9). </div><div style="font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Income Taxes </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company complies with the accounting and reporting requirements of ASC Topic 740 “Income Taxes,” which requires an asset and liability approach to financial accounting and reporting for income taxes. Deferred income tax assets and liabilities are computed for differences between the financial statement and tax bases of assets and liabilities that will result in future taxable or deductible amounts, based on enacted tax laws and rates applicable to the periods in which the differences are expected to affect taxable income. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">ASC 740 prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more likely than not to be sustained upon examination by taxing authorities. The Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense. There were no unrecognized tax benefits and no amounts accrued for interest and penalties as of March 31, 2021. The Company is currently not aware of any issues under review that could result in significant payments, accruals or material deviation from its position. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company may be subject to potential examination by federal, state and city taxing authorities in the areas of income taxes. These potential examinations may include questioning the timing and amount of deductions, the nexus of income among various tax jurisdictions and compliance with federal, state and city tax laws. The Company’s management does not expect that the total amount of unrecognized tax benefits will materially change over the next twelve months. The Company is subject to income tax examinations by major taxing authorities since inception. </div></div><div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Net Income Per Common Share </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Net income per common share is computed by dividing net income by the weighted average number of common shares outstanding for the period. The Company has not considered the effect of warrants sold in the Initial Public Offering and private placement to purchase 7,870,000 shares of Class A common stock in the calculation of diluted income per share, since the exercise of the warrants are contingent upon the occurrence of future events and the inclusion of such warrants would be anti-dilutive. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;">The Company’s statements of operations includes a presentation of income per share for common shares subject to possible redemption in a manner similar to the <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">two-class</div> method of income per share. Net income per common share, basic and diluted, for Class A redeemable common stock is calculated by dividing the interest income earned on the Trust Account, by the weighted average number of Class A redeemable common stock outstanding since original issuance. Net income per share, basic and diluted, for Class A and Class B <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-redeemable</div> common stock is calculated by dividing the net income, adjusted for income attributable to Class A redeemable common stock, net of applicable franchise and income taxes, by the weighted average number of Class A and Class B <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-redeemable</div> common stock outstanding for the period. Class A and Class B <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-redeemable</div> common stock includes the Founder Shares and the Private Placement Shares as these shares do not have any redemption features and do not participate in the income earned on the Trust Account. </div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The following table reflects the calculation of basic and diluted net income per common share (in dollars, except per share amounts): </div></div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="margin: 0px auto; border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="font-size: 0px;"><td style="width: 74%;"></td><td style="width: 6%; vertical-align: bottom;"></td><td></td><td></td><td></td><td style="width: 6%; vertical-align: bottom;"></td><td></td><td></td><td></td></tr><tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid;"><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;">  </td><td colspan="6" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Three Months Ended<br/>March 31</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td></tr><tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid;"><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;">  </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">2021</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">2020</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Redeemable Class A Common Stock</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Numerator: Earnings allocable to Redeemable Class A Common Stock</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Interest Income</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">5,672</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Income and Franchise Tax</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(5,672</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-size: 1px;"><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 7em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Net Earnings</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Denominator: Weighted Average Redeemable Class A Common Stock</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Redeemable Class A Common Stock, Basic and Diluted</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">23,000,000</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Earnings/Basic and Diluted Redeemable Class A Common Stock</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Non-Redeemable</div> Class A and B Common Stock</div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Numerator: Net Income minus Redeemable Net Earnings</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Net Income (Loss)</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">4,903,480</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">(993</td><td style="vertical-align: bottom; white-space: nowrap;">) </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Redeemable Net Earnings (Loss)</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-size: 1px;"><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 7em; line-height: normal;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Non-Redeemable</div> Net Earnings (Loss)</div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">4,903,480</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">(993</td><td style="vertical-align: bottom; white-space: nowrap;">) </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;">Denominator: Weighted Average <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Non-Redeemable</div> Class A and B Common Stock</div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"></td><td style="vertical-align: bottom;"></td><td style="vertical-align: bottom;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"></td><td style="vertical-align: bottom;"></td><td style="vertical-align: bottom;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Non-Redeemable</div> Class A and B Common Stock, Basic and Diluted (1)</div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">8,480,000</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">6,870,000</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;">Loss/Basic and Diluted <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Non-Redeemable</div> Class A and B Common Stock</div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">(0.58</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;">Note: As of March 31, 2021 and 2020, basic and diluted common shares are the same as there are no <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-redeemable</div> securities that are dilutive to the Company’s stockholders. </div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="page-break-inside: avoid;"><td style="width: 5%; vertical-align: top;;text-align:left;">(1)</td><td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;">The weighted average <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-redeemable</div> common stock for the three months ended March 31, 2021 includes the effect of 610,000 Private Placement Units, which were issued in conjunction with the initial public offering on September 24, 2020. </div></td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Concentration of Credit Risk </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Financial instruments that potentially subject the Company to concentrations of credit risk consist of a cash account in a financial institution, which, at times, may exceed the Federal Depository Insurance Corporation limit of $250,000. The Company has not experienced losses on this account and management believes the Company is not exposed to significant risks on such account. </div></div><div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Fair Value of Financial Instruments </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The fair value of the Company’s assets and liabilities, which qualify as financial instruments under ASC Topic 820, “Fair Value Measurement,” approximates the carrying amounts represented in the accompanying condensed balance sheets, primarily due to their short-term nature. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">As of March 31, 2021, the carrying values of cash, accounts payable and accrued expenses approximate their fair values due to the short-term nature of the instruments. The Company’s portfolio of marketable securities held in the Trust Account is comprised of investments in U.S. Treasury securities with an original maturity of 185 days or less. The fair value for trading securities is determined using quoted market prices in active markets. </div></div><div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Recent Accounting Standards </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;">In August 2020, the FASB issued ASU <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">No. 2020-06,</div> Debt—Debt with Conversion and Other Options (Subtopic <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">470-20)</div> and Derivatives and Hedging-Contracts in Entity’s Own Equity (Subtopic: <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">815-40)</div> and Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity (“ASU <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">2020-06”),</div> which simplifies accounting for convertible instruments by removing major separation models required under current GAAP. The ASU also removes certain settlement conditions that are required for equity-linked contracts to qualify for the derivative scope exception, and it simplifies the diluted earnings per share calculation in certain areas. The Company adopted ASU <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">2020-06</div> on January 1, 2021. Adoption of the ASU did not impact the Company’s financial position, results of operations or cash flows. </div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Management does not believe that any other recently issued, but not yet effective, accounting standards, if currently adopted, would have a material effect on the Company’s unaudited condensed financial statements. </div></div>
10000000
0.0001
0.0001
7870000
7870000
7870000
0.25
<div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Warrant Liabilities </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company accounts for warrants as either equity-classified or liability-classified instruments based on an assessment of the warrant’s specific terms and applicable authoritative guidance in Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 480, Distinguishing Liabilities from Equity (“ASC 480”) and ASC 815, Derivatives and Hedging (“ASC 815”). The assessment considers whether the warrants are freestanding financial instruments pursuant to ASC 480, meet the definition of a liability pursuant to ASC 480, and whether the warrants meet all of the requirements for equity classification under ASC 815, including whether the warrants are indexed to the Company’s own ordinary shares, among other conditions for equity classification. This assessment, which requires the use of professional judgment, is conducted at the time of warrant issuance and as of each subsequent quarterly period end date while the warrants are outstanding. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;">For issued or modified warrants that meet all of the criteria for equity classification, the warrants are required to be recorded as a component of additional <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">paid-in</div> capital at the time of issuance. For issued or modified warrants that do not meet all the criteria for equity classification, the warrants are required to be recorded as a derivative liability at their initial fair value on the date of issuance, and each balance sheet date thereafter. Changes in the estimated fair value of the warrants are recognized as a <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-cash</div> gain or loss on the statements of operations. The fair value of the Public Warrants was initially measured using a binomial / lattice model with subsequent periods measured at the trading price, whereas the Private Placement Warrants were initially and subsequently measured using the Black-Scholes Option Pricing Model. (see Note 9). </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
<div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Offering Costs </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Offering costs consist of underwriting, legal, accounting and other expenses that were directly related to the Initial Public Offering. Offering costs were allocated on a relative fair value basis between stockholders’ equity and expense. The portion of offering costs allocated to the public shares has been charged to stockholders’ equity. Offering costs totaled $14,255,791 (consisting of $4,000,000 of underwriting fees, $9,800,000 of deferred underwriting fees and $455,791 of other offering costs), of which $849,893 was charged to expense and $13,405,898 was charged to stockholders’ equity upon completion of the Initial Public Offering. </div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
<div style="font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Class A Common Stock Subject to Possible Redemption </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company accounts for its Class A common stock subject to possible redemption in accordance with the guidance in Accounting Standards Codification (“ASC”) Topic 480 “Distinguishing Liabilities from Equity.” Class A common stock subject to mandatory redemption is classified as a liability instrument and is measured at fair value. Conditionally redeemable common stock (including common stock that features redemption rights that are either within the control of the holder or subject to redemption upon the occurrence of uncertain events not solely within the Company’s control) is classified as temporary equity. At all other times, common stock is classified as stockholders’ equity. The Company’s Class A common stock features certain redemption rights that are considered to be outside of the Company’s control and subject to occurrence of uncertain future events. Accordingly, at March 31, 2021 and December 31, 2020, 20,338,568 and 21,584,763 shares of Class A common stock subject to possible redemption is presented as temporary equity, outside of the stockholders’ equity section of the Company’s condensed balance sheets, respectively. </div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
<div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Marketable Securities Held in Trust Account </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">At March 31, 2021 and December 31, 2020, substantially all of the assets held in the Trust Account were held in U.S. Treasury Securities Money Market Funds. </div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
<div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Cash and Cash Equivalents </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company considers all short-term investments with an original maturity of three months or less when purchased to be cash equivalents. The Company did not have any cash equivalents as of March 31, 2021 and December 31, 2020. </div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
<div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Use of Estimates </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The preparation of condensed financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed financial statements and the reported amounts of revenues and expenses during the reporting periods. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future events. One of the more significant accounting estimates included in these unaudited condensed financial statements is the determination of the value of the warrant liability. Such estimates may be subject to change as more current information becomes available and accordingly, the actual results could differ significantly from those estimates.</div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
<div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Emerging Growth Company </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company is an “emerging growth company,” as defined in Section 2(a) of the Securities Act, as modified by the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”), and it may take </div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table><div style="font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">advantage of certain exemptions from various reporting requirements that are applicable to other public companies that are not emerging growth companies including, but not limited to, not being required to comply with the independent registered public accounting firm attestation requirements of Section 404 of the Sarbanes-Oxley Act of 2002, reduced disclosure obligations regarding executive compensation in its periodic reports and proxy statements, and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and stockholder approval of any golden parachute payments not previously approved. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;">Further, Section 102(b)(1) of the JOBS Act exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that have not had a Securities Act registration statement declared effective or do not have a class of securities registered under the Exchange Act) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that a company can elect to opt out of the extended transition period and comply with the requirements that apply to <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-emerging</div> growth companies but any such election to opt out is irrevocable. The Company has elected not to opt out of such extended transition period which means that when a standard is issued or revised and it has different application dates for public or private companies, the Company, as an emerging growth company, can adopt the new or revised standard at the time private companies adopt the new or revised standard. This may make comparison of the Company’s financial statements with another public company which is neither an emerging growth company nor an emerging growth company which has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used. </div>
<div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">NOTE 7. COMMITMENTS AND CONTINGENCIES </div></div></div><div style="font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Risks and Uncertainties </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;">Management continues to evaluate the impact of the <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">COVID-19</div> pandemic and has concluded that while it is reasonably possible that the virus could have a negative effect on the Company’s financial position, results of operations and/or search for a target company, the specific impact is not readily determinable as of the date of these financial statements. The financial statements do not include any adjustments that might result from the outcome of this uncertainty. </div><div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Registration Rights </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Pursuant to a registration rights agreement entered into on September 24, 2020, the holders of the Founder Shares, Private Placement Units (including securities contained therein) and the units that may be issued upon conversion of the Working Capital Loans (and any shares of Class A common stock issuable upon the exercise of the Private Placement Warrants or the warrants included in the units issued upon conversion of the Working Capital Loans) will be entitled to registration rights requiring the Company to register such securities for resale (in the case of the Founder Shares, only after conversion to Class A common stock). The holders of these securities will be entitled to make up to three demands, excluding short form demands, that the Company register such securities. In addition, the holders will have certain “piggy-back” registration rights with respect to registration statements filed subsequent to the completion of a Business Combination and rights to require the Company to register for resale such securities pursuant to Rule 415 under the Securities Act. The Company will bear the expenses incurred in connection with the filing of any such registration statements. </div></div><div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Underwriting Agreement </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Cantor Fitzgerald & Co. and Wells Fargo Securities, LLC, as representatives of the several underwriters, are entitled to a deferred fee of $9,800,000. The deferred fee will become payable to the representatives from the amounts held in the Trust Account solely in the event that the Company completes a Business Combination, subject to the terms of the underwriting agreement. </div></div><div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Business Combination Agreement </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">On December 29, 2020, the Company entered into a Business Combination Agreement (the “Business Combination Agreement”), by and among the Company, FinTech Investor Holdings IV, LLC, a Delaware limited liability company, Fintech Masala Advisors, LLC, a Delaware limited liability company (together with FinTech Investor Holdings IV, LLC, the “Sponsor”), PWP, PWP GP LLC, a Delaware limited liability company and the general partner of PWP (“PWP GP”), PWP Professional Partners LP, a Delaware limited partnership and a limited partner of PWP (“Professionals”), and </div></div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><div style="font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Perella Weinberg Partners LLC, a Delaware limited liability company and the general partner of Professionals (“Professionals GP”) pursuant to which, among other things, the Company will acquire interests in PWP, which will become jointly-owned by the Company, Professionals, and certain existing partners of PWP and following the Closing will serve as the Company’s operating partnership as part of an umbrella limited partnership <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">C-corporation</div> <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">(Up-C)</div> structure. </div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Pursuant to the Business Combination Agreement, subject to certain conditions set forth therein, in connection with the closing of the transactions contemplated by the Business Combination Agreement (the “Closing”): </div></div><div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="page-break-inside: avoid;"><td style="width: 5%;"> </td><td style="width: 6%; vertical-align: top;;text-align:left;">(i)</td><td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">the Company will acquire newly-issued common units of PWP in exchange for cash in an amount equal to the outstanding excess cash balances of the Company (including the proceeds from the PIPE Investment (as defined below)) as of Closing net of redemptions elected by the Company’s public stockholders pursuant to their redemption rights described below (such aggregate outstanding cash balances, “Company Cash”), with the number of such interests to be issued to be calculated based on the formula set forth on Schedule C to the Business Combination Agreement; </div></div></td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="page-break-inside: avoid;"><td style="width: 5%;"> </td><td style="width: 6%; vertical-align: top;;text-align:left;">(ii)</td><td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Professionals will contribute the equity interests of PWP GP, the general partner of PWP, to the Company; </div></div></td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="page-break-inside: avoid;"><td style="width: 5%;"> </td><td style="width: 6%; vertical-align: top;;text-align:left;">(iii)</td><td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;">the Company will issue (A) to Professionals, new shares of <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Class B-1</div> common stock, which will have 10 votes per share (for so long as Professionals or its limited partners as of the Closing maintain ownership of at least 10% of the issued and outstanding Class A common units of PWP, otherwise such <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Class B-1</div> common stock shall have one vote per share) and (B) to investor limited partners of PWP, new shares of <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Class B-2</div> common stock, which will have one vote per share, with the number of shares of such common stock to be issued to equal the number of common units of PWP that will be held by Professionals and such investor limited partners, respectively, following the Closing; and </div></td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="page-break-inside: avoid;"><td style="width: 5%;"> </td><td style="width: 6%; vertical-align: top;;text-align:left;">(iv)</td><td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;">the Company will repay certain indebtedness of PWP, pay certain expenses, retain up to $10 million of cash on its balance sheet, and subject to the availability of transaction proceeds, the Company will first redeem certain limited partnership interests held by certain electing third party investor limited partners of PWP and second redeem certain electing <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-working</div> limited partners of Professionals (collectively with the other transactions contemplated by the Business Combination Agreement, the “Business Combination”). </div></td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Closing is subject to the satisfaction of customary conditions as set forth in the Business Combination Agreement. </div></div><div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Private Placement Subscription Agreements </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">On December 29, 2020, concurrently with the execution of the Business Combination Agreement, the Company also entered into subscription agreements (“Subscription Agreements”) with certain investors (collectively, the “PIPE Investors”) pursuant to, and on the terms and subject to the conditions of which, the PIPE Investors have collectively subscribed for 12,500,000 shares of the Company’s Class A common stock for an aggregate purchase price equal to $125,000,000 (the “PIPE Investment”), a portion of which is expected to be funded by one or more affiliates of the Sponsor. The PIPE Investment will be consummated substantially concurrently with the closing of the Business Combination. </div></div>
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<div style="font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Basis of Presentation </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;">The accompanying unaudited condensed financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and in accordance with the instructions to <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Form 10-Q</div> and Regulation <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">S-X</div> of the SEC. Certain information or footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted, pursuant to the rules and regulations of the SEC for interim financial reporting. Accordingly, they do not include all the information and footnotes necessary for a complete presentation of financial position, results of operations, or cash flows and the three months ended March 31, 2020 have not been included in the unaudited financial statements and footnotes as they are immaterial. In the opinion of management, the accompanying unaudited condensed financial statements include all adjustments, consisting of a normal recurring nature, which are necessary for a fair presentation of the financial position, operating results and cash flows for the periods presented. </div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;">The accompanying unaudited condensed financial statements should be read in conjunction with the audited financial statements and the notes thereto included in the Company’s Annual Report on Form <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">10-K/A</div> as filed with the SEC on May 4, 2021. The interim results for the three ended March 31, 2021 are not necessarily indicative of the results to be expected for the year ending December 31, 2021 or for any future interim periods. </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
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<div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> <table cellpadding="0" cellspacing="0" style="margin: 0px auto; border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="font-size: 0px;"><td style="width: 58%;"></td><td style="width: 6%; vertical-align: bottom;"></td><td></td><td></td><td></td><td style="width: 6%; vertical-align: bottom;"></td><td></td><td></td><td></td><td style="width: 6%; vertical-align: bottom;"></td><td></td><td></td><td></td></tr><tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid;"><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;">  </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">As</div></div><br/><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Previously<br/>Reported</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Adjustments</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">As</div></div><br/><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Restated</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Balance sheet as of September 29, 2020 (audited)</div></div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Warrant Liabilities</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">14,130,000</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">14,130,000</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Total Liabilities</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">9,801,361</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">14,130,000</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">23,931,361</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Common Shares Subject to Possible Redemption</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">216,864,940</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(14,130,000</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">202,734,940</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Class A Common Shares</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">192</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">142</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">334</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;">Additional <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Paid-in</div> Capital</div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">5,003,290</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">849,751</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">5,853,041</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Accumulated Deficit</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(4,262</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(849,893</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(854,155</td><td style="vertical-align: bottom; white-space: nowrap;">) </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Stockholders’ Equity</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">5,000,007</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">5,000,007</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-size: 1pt;"><td style="height: 3.75pt; font-family: arial;"></td><td colspan="4" style="height: 3.75pt; font-family: arial;"></td><td colspan="4" style="height: 3.75pt; font-family: arial;"></td><td colspan="4" style="height: 3.75pt; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Balance sheet as of September 30, 2020 (unaudited)</div></div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Warrant Liabilities</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">13,974,634</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">13,974,634</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Total Liabilities</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">9,820,896</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">13,974,634</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">23,795,530</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Common Shares Subject to Possible Redemption</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">216,845,470</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(13,974,630</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">202,870,840</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Class A Common Shares</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">193</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">139</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">332</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;">Additional <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Paid-in</div> Capital</div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">5,022,759</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">694,384</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">5,717,143</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Accumulated Deficit</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(23,734</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(694,527</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(718,261</td><td style="vertical-align: bottom; white-space: nowrap;">) </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Stockholders’ Equity</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">5,000,005</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(4</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">5,000,001</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-size: 1pt;"><td style="height: 3.75pt; font-family: arial;"></td><td colspan="4" style="height: 3.75pt; font-family: arial;"></td><td colspan="4" style="height: 3.75pt; font-family: arial;"></td><td colspan="4" style="height: 3.75pt; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Balance sheet as of December 31, 2020 (audited)</div></div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Warrant Liabilities</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">17,365,433</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">17,365,433</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Total Liabilities</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">10,592,983</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">17,365,433</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">27,958,416</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Common Shares Subject to Possible Redemption</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">215,847,631</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(17,365,431</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">198,482,200</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Class A Common Shares</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">203</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">173</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">376</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;">Additional <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Paid-in</div> Capital</div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">6,020,588</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">4,085,151</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">10,105,739</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Accumulated Deficit</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(1,021,573</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(4,085,326</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(5,106,899</td><td style="vertical-align: bottom; white-space: nowrap;">) </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Stockholders’ Equity</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">5,000,005</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">2</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">5,000,003</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-size: 1pt;"><td style="height: 3.75pt; font-family: arial;"></td><td colspan="4" style="height: 3.75pt; font-family: arial;"></td><td colspan="4" style="height: 3.75pt; font-family: arial;"></td><td colspan="4" style="height: 3.75pt; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Three months ended September 30, 2020 (unaudited)</div></div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Change in fair value of warrant liabilities</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">155,366</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">155,366</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Transaction costs allocable to warrant liabilities</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(849,893</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(849,893</td><td style="vertical-align: bottom; white-space: nowrap;">) </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Net loss</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(19,845</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(694,527</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(714,372</td><td style="vertical-align: bottom; white-space: nowrap;">) </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;">Basic and diluted net loss per share, Class A and Class B <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-redeemable</div> common stock</div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(0.00</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(0.08</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(0.08</td><td style="vertical-align: bottom; white-space: nowrap;">) </td></tr></table> <div style="clear: both; max-height: 0px;"></div> <table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table><table cellpadding="0" cellspacing="0" style="margin: 0px auto; border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="font-size: 0px;"><td style="width: 58%;"></td><td style="width: 6%; vertical-align: bottom;"></td><td></td><td></td><td></td><td style="width: 6%; vertical-align: bottom;"></td><td></td><td></td><td></td><td style="width: 6%; vertical-align: bottom;"></td><td></td><td></td><td></td></tr><tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid;"><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;">  </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">As</div></div><br/><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Previously<br/>Reported</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Adjustments</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">As</div></div><br/><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Restated</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td></tr><tr style="font-size: 1pt;"><td style="height: 3.75pt; font-family: arial;"></td><td colspan="4" style="height: 3.75pt; font-family: arial;"></td><td colspan="4" style="height: 3.75pt; font-family: arial;"></td><td colspan="4" style="height: 3.75pt; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Nine months ended September 30, 2020 (unaudited)</div></div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Change in fair value of warrant liabilities</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">155,366</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">155,366</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Transaction costs allocable to warrant liabilities</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(849,893</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(849,893</td><td style="vertical-align: bottom; white-space: nowrap;">) </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Net loss</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(19,845</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(694,527</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(714,372</td><td style="vertical-align: bottom; white-space: nowrap;">) </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;">Basic and diluted net loss per share, Class A and Class B <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-redeemable</div> common stock</div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(0.00</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(0.08</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(0.08</td><td style="vertical-align: bottom; white-space: nowrap;">) </td></tr><tr style="font-size: 1pt;"><td style="height: 3.75pt; font-family: arial;"></td><td colspan="4" style="height: 3.75pt; font-family: arial;"></td><td colspan="4" style="height: 3.75pt; font-family: arial;"></td><td colspan="4" style="height: 3.75pt; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Year-ended December 31, 2020 (audited)</div></div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Change in fair value of warrant liabilities</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">(3,235,433</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">(3,235,433</td><td style="vertical-align: bottom; white-space: nowrap;">) </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Transaction costs allocable to warrant liabilities</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(849,893</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(849,893</td><td style="vertical-align: bottom; white-space: nowrap;">) </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Net loss</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(1,019,277</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(4,085,326</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(5,104,603</td><td style="vertical-align: bottom; white-space: nowrap;">) </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;">Basic and diluted net loss per share, Class A and Class B <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-redeemable</div> common stock</div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(0.14</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(0.56</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(0.70</td><td style="vertical-align: bottom; white-space: nowrap;">) </td></tr><tr style="font-size: 1pt;"><td style="height: 3.75pt; font-family: arial;"></td><td colspan="4" style="height: 3.75pt; font-family: arial;"></td><td colspan="4" style="height: 3.75pt; font-family: arial;"></td><td colspan="4" style="height: 3.75pt; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Cash Flow Statement for the nine months ended September 30,020 (unaudited)</div></div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Net loss</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(21,438</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(694,527</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(715,965</td><td style="vertical-align: bottom; white-space: nowrap;">) </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Change in fair value of warrant liabilities</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(155,366</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(155,366</td><td style="vertical-align: bottom; white-space: nowrap;">) </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Transaction costs allocable to warrant liabilities</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">849,893</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">849,893</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-size: 1pt;"><td style="height: 3.75pt; font-family: arial;"></td><td colspan="4" style="height: 3.75pt; font-family: arial;"></td><td colspan="4" style="height: 3.75pt; font-family: arial;"></td><td colspan="4" style="height: 3.75pt; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 1pt; margin-left: 1em; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Cash Flow Statement for the year ended<br/>December 31, 2020 (audited)</div></div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 1pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Net loss</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(1,019,277</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(4,085,326</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(5,104,603</td><td style="vertical-align: bottom; white-space: nowrap;">) </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 1pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Change in fair value of warrant liabilities</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">3,235,433</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">3,235,433</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 1pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Transaction costs allocable to warrant liabilities</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">849,893</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">849,893</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr></table> <div style="clear: both; max-height: 0px;"></div> <table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
230000000
230000000
3000000
0.15
1.00
(i) that would modify the substance or timing of the Company’s obligation to redeem 100% of Public Shares if it does not complete an initial Business Combination within the Combination Period or (ii) with respect to any other provisions relating to stockholders’ rights or pre-initial Business Combination activity. The stockholders will be entitled to redeem their shares for a pro rata portion of the amount then on deposit in the Trust Account (initially approximately $10.00 per share, plus any pro rata interest earned on the funds held in the Trust Account, net of taxes payable). The per-share amount to be distributed to stockholders who redeem their shares will not be reduced by the deferred underwriting commissions the Company will pay to the representatives (as discussed in Note 7). There will be no redemption rights with respect to the Company’s warrants in connection with such a stockholder vote to approve such an amendment to the Company’s amended and restated certificate of incorporation. Notwithstanding the foregoing, the Company may not redeem shares in an amount that would cause its net tangible assets to be less than $5,000,001. The Insiders have agreed to vote any Founder Shares, Private Placement Shares and any Public Shares held by them in favor of any such amendment.
100000
<div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">NOTE 2. RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS </div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company previously accounted for its outstanding Public Warrants (as defined in Note 5) and Private Placement Warrants issued in connection with its Initial Public Offering as components of equity instead of as derivative liabilities. The warrant agreement governing the warrants includes a provision that provides for potential changes to the settlement amounts dependent upon the characteristics of the holder of the warrant. In addition, the warrant agreement includes a provision that in the event of a tender or exchange offer made to and accepted by holders of more than 50% of the outstanding shares of a single class of common shares, all holders of the warrants would be entitled to receive cash for their warrants (the “tender offer provision”). </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;">In connection with the audit of the Company’s financial statements for the year ended December 31, 2020, the Company’s management further evaluated the warrants under Accounting Standards Codification (“ASC”) Subtopic <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">815-40,</div> Contracts in Entity’s Own Equity. ASC <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Section 815-40-15</div></div> addresses equity versus liability treatment and classification of equity-linked financial instruments, including warrants, and states that a warrant may be classified as a component of equity only if, among other things, the warrant is indexed to the issuer’s common stock. Under ASC <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Section 815-40-15,</div></div> a warrant is not indexed to the issuer’s common stock if the terms of the warrant require an adjustment to the exercise price upon a specified event and that event is not an input to the fair value of the warrant. Based on management’s evaluation, the Company’s audit committee, in consultation with management and after discussion with the Company’s independent registered public accounting firm, concluded that the Company’s Private Placement Warrants are not indexed to the Company’s common shares in the manner contemplated by ASC <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Section 815-40-15</div></div> because the holder of the instrument is not an input into the pricing of a <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">fixed-for-fixed</div></div> option on equity shares. In addition, based on management’s evaluation, the Company’s audit committee, in consultation with management and after discussion with the Company’s independent registered public accounting firm, </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table><div style="font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">concluded the tender offer provision included in the warrant agreement fails the “classified in stockholders’ equity” criteria as contemplated by ASC <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Section 815-40-25.</div></div> </div> <div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">As a result of the above, the Company should have classified the warrants as derivative liabilities in its previously issued financial statements. Under this accounting treatment, the Company is required to measure the fair value of the warrants at the end of each reporting period and recognize changes in the fair value from the prior period in the Company’s operating results for the current period<div style="display:inline;">.</div></div></div> <div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company’s accounting for the warrants as components of equity instead of as derivative liabilities did not have any effect on the Company’s previously reported operating expenses, cash flows or cash. </div></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> <table cellpadding="0" cellspacing="0" style="margin: 0px auto; border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="font-size: 0px;"><td style="width: 58%;"></td><td style="width: 6%; vertical-align: bottom;"></td><td></td><td></td><td></td><td style="width: 6%; vertical-align: bottom;"></td><td></td><td></td><td></td><td style="width: 6%; vertical-align: bottom;"></td><td></td><td></td><td></td></tr><tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid;"><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;">  </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">As</div></div><br/><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Previously<br/>Reported</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Adjustments</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">As</div></div><br/><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Restated</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Balance sheet as of September 29, 2020 (audited)</div></div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Warrant Liabilities</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">14,130,000</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">14,130,000</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Total Liabilities</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">9,801,361</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">14,130,000</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">23,931,361</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Common Shares Subject to Possible Redemption</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">216,864,940</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(14,130,000</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">202,734,940</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Class A Common Shares</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">192</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">142</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">334</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;">Additional <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Paid-in</div> Capital</div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">5,003,290</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">849,751</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">5,853,041</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Accumulated Deficit</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(4,262</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(849,893</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(854,155</td><td style="vertical-align: bottom; white-space: nowrap;">) </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Stockholders’ Equity</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">5,000,007</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">5,000,007</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-size: 1pt;"><td style="height: 3.75pt; font-family: arial;"></td><td colspan="4" style="height: 3.75pt; font-family: arial;"></td><td colspan="4" style="height: 3.75pt; font-family: arial;"></td><td colspan="4" style="height: 3.75pt; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Balance sheet as of September 30, 2020 (unaudited)</div></div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Warrant Liabilities</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">13,974,634</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">13,974,634</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Total Liabilities</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">9,820,896</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">13,974,634</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">23,795,530</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Common Shares Subject to Possible Redemption</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">216,845,470</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(13,974,630</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">202,870,840</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Class A Common Shares</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">193</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">139</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">332</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;">Additional <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Paid-in</div> Capital</div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">5,022,759</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">694,384</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">5,717,143</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Accumulated Deficit</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(23,734</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(694,527</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(718,261</td><td style="vertical-align: bottom; white-space: nowrap;">) </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Stockholders’ Equity</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">5,000,005</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(4</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">5,000,001</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-size: 1pt;"><td style="height: 3.75pt; font-family: arial;"></td><td colspan="4" style="height: 3.75pt; font-family: arial;"></td><td colspan="4" style="height: 3.75pt; font-family: arial;"></td><td colspan="4" style="height: 3.75pt; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Balance sheet as of December 31, 2020 (audited)</div></div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Warrant Liabilities</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">17,365,433</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">17,365,433</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Total Liabilities</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">10,592,983</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">17,365,433</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">27,958,416</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Common Shares Subject to Possible Redemption</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">215,847,631</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(17,365,431</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">198,482,200</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Class A Common Shares</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">203</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">173</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">376</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;">Additional <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Paid-in</div> Capital</div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">6,020,588</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">4,085,151</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">10,105,739</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Accumulated Deficit</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(1,021,573</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(4,085,326</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(5,106,899</td><td style="vertical-align: bottom; white-space: nowrap;">) </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Stockholders’ Equity</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">5,000,005</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">2</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">5,000,003</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-size: 1pt;"><td style="height: 3.75pt; font-family: arial;"></td><td colspan="4" style="height: 3.75pt; font-family: arial;"></td><td colspan="4" style="height: 3.75pt; font-family: arial;"></td><td colspan="4" style="height: 3.75pt; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Three months ended September 30, 2020 (unaudited)</div></div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Change in fair value of warrant liabilities</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">155,366</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">155,366</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Transaction costs allocable to warrant liabilities</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(849,893</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(849,893</td><td style="vertical-align: bottom; white-space: nowrap;">) </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Net loss</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(19,845</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(694,527</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(714,372</td><td style="vertical-align: bottom; white-space: nowrap;">) </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;">Basic and diluted net loss per share, Class A and Class B <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-redeemable</div> common stock</div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(0.00</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(0.08</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(0.08</td><td style="vertical-align: bottom; white-space: nowrap;">) </td></tr></table> <div style="clear: both; max-height: 0px;"></div> <table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> <table cellpadding="0" cellspacing="0" style="margin: 0px auto; border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="font-size: 0px;"><td style="width: 58%;"></td><td style="width: 6%; vertical-align: bottom;"></td><td></td><td></td><td></td><td style="width: 6%; vertical-align: bottom;"></td><td></td><td></td><td></td><td style="width: 6%; vertical-align: bottom;"></td><td></td><td></td><td></td></tr><tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid;"><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;">  </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">As</div></div><br/><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Previously<br/>Reported</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Adjustments</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">As</div></div><br/><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Restated</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td></tr><tr style="font-size: 1pt;"><td style="height: 3.75pt; font-family: arial;"></td><td colspan="4" style="height: 3.75pt; font-family: arial;"></td><td colspan="4" style="height: 3.75pt; font-family: arial;"></td><td colspan="4" style="height: 3.75pt; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Nine months ended September 30, 2020 (unaudited)</div></div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Change in fair value of warrant liabilities</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">155,366</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">155,366</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Transaction costs allocable to warrant liabilities</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(849,893</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(849,893</td><td style="vertical-align: bottom; white-space: nowrap;">) </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Net loss</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(19,845</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(694,527</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(714,372</td><td style="vertical-align: bottom; white-space: nowrap;">) </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;">Basic and diluted net loss per share, Class A and Class B <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-redeemable</div> common stock</div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(0.00</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(0.08</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(0.08</td><td style="vertical-align: bottom; white-space: nowrap;">) </td></tr><tr style="font-size: 1pt;"><td style="height: 3.75pt; font-family: arial;"></td><td colspan="4" style="height: 3.75pt; font-family: arial;"></td><td colspan="4" style="height: 3.75pt; font-family: arial;"></td><td colspan="4" style="height: 3.75pt; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Year-ended December 31, 2020 (audited)</div></div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Change in fair value of warrant liabilities</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">(3,235,433</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">(3,235,433</td><td style="vertical-align: bottom; white-space: nowrap;">) </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Transaction costs allocable to warrant liabilities</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(849,893</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(849,893</td><td style="vertical-align: bottom; white-space: nowrap;">) </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Net loss</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(1,019,277</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(4,085,326</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(5,104,603</td><td style="vertical-align: bottom; white-space: nowrap;">) </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;">Basic and diluted net loss per share, Class A and Class B <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-redeemable</div> common stock</div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(0.14</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(0.56</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(0.70</td><td style="vertical-align: bottom; white-space: nowrap;">) </td></tr><tr style="font-size: 1pt;"><td style="height: 3.75pt; font-family: arial;"></td><td colspan="4" style="height: 3.75pt; font-family: arial;"></td><td colspan="4" style="height: 3.75pt; font-family: arial;"></td><td colspan="4" style="height: 3.75pt; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Cash Flow Statement for the nine months ended September 30,020 (unaudited)</div></div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Net loss</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(21,438</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(694,527</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(715,965</td><td style="vertical-align: bottom; white-space: nowrap;">) </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Change in fair value of warrant liabilities</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(155,366</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(155,366</td><td style="vertical-align: bottom; white-space: nowrap;">) </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Transaction costs allocable to warrant liabilities</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">849,893</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">849,893</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-size: 1pt;"><td style="height: 3.75pt; font-family: arial;"></td><td colspan="4" style="height: 3.75pt; font-family: arial;"></td><td colspan="4" style="height: 3.75pt; font-family: arial;"></td><td colspan="4" style="height: 3.75pt; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 1pt; margin-left: 1em; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Cash Flow Statement for the year ended<br/>December 31, 2020 (audited)</div></div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 1pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Net loss</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(1,019,277</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(4,085,326</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(5,104,603</td><td style="vertical-align: bottom; white-space: nowrap;">) </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 1pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Change in fair value of warrant liabilities</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">3,235,433</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">3,235,433</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 1pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Transaction costs allocable to warrant liabilities</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">849,893</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">849,893</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr></table> <div style="clear: both; max-height: 0px;"></div> <table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
5000001
0.80
1.00
1158934
14255791
6100000
10.00
10.00
1500000
0
-0.70
6870000
7280219
-1319
-5104603
0
0
1319
5104603
0
0
23000000
0
0
0
-5861
0
5861
500000
60000
The Insiders have agreed not to transfer, assign or sell any of their Founder Shares (except to permitted transferees) (i) with respect to 25% of such shares, until consummation of the Company’s initial Business Combination, (ii) with respect to 25% of such shares, until the closing price of the Class A common stock exceeds $12.00 for any 20 trading days within a 30-trading day period following the consummation of a Business Combination, (iii) with respect to 25% of such shares, until the closing price of the Class A common stock exceeds $13.50 for any 20 trading days within a 30-trading day period following the consummation of a Business Combination, and (iv) with respect to 25% of such shares, until the closing price of the Class A common stock exceeds $17.00 for any 20 trading days within a 30-trading day period following the consummation of a Business Combination or earlier, in any case, if, following a Business Combination, the Company completes a liquidation, merger, capital stock exchange, reorganization or other similar transaction that results in all of the public stockholders having the right to exchange their shares of common stock for cash, securities or other property.
1000000
1973000
7382500
610000
250000
7870000
19848220
13405898
849893
455791
4000000
14255791
-0.58
6870000
8480000
-993
4903480
993
-4903480
23000000
-5672
5672
<div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Recent Accounting Standards </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Management does not believe that any recently issued, but not yet effective, accounting standards, if currently adopted, would have a material effect on the Company’s financial statements. </div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
10.00
1500000
<div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Fair Value of Financial Instruments </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The fair value of the Company’s assets and liabilities, which qualify as financial instruments under ASC Topic 820, “Fair Value Measurement and Disclosures,” approximates the carrying amounts represented in the accompanying balance sheet, primarily due to their short-term nature. </div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">As of December 31, 2020, the carrying values of cash, accounts payable and accrued expenses approximate their fair values primarily due to the short-term nature of the instruments. The Company’s portfolio of marketable securities held in the Trust Account is comprised of investments in U.S. Treasury securities with an original maturity of 185 days or less. The fair value for trading securities is determined using quoted market prices in active markets.​​​​​​​ </div></div>
<div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Concentration of Credit Risk </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Financial instruments that potentially subject the Company to concentrations of credit risk consist of a cash account in a financial institution, which, at times, may exceed the Federal Depository Insurance Corporation coverage limits of $250,000. The Company has not experienced losses on this account and management believes the Company is not exposed to significant risks on such account. </div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
<div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Net Loss Per Common Share </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Net loss per common share is computed by dividing net income (loss) by the weighted average number of common shares outstanding for the period. The Company has not considered the effect of warrants sold in the Initial Public Offering and private placement to purchase 7,870,000 shares of Class A common stock in the calculation of diluted income (loss) per share, since the exercise of the warrants are contingent upon the occurrence of future events and the inclusion of such warrants would be anti-dilutive. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;">The Company’s statements of operations includes a presentation of loss per share for common shares subject to possible redemption in a manner similar to the <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">two-class</div> method of loss per share. Net income per common share, basic and diluted, for Class A redeemable common stock is calculated by dividing the interest income earned on the Trust Account, by the weighted average number of Class A redeemable common stock outstanding since original issuance. Net loss per share, basic and diluted, for Class A and Class B <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-redeemable</div> common stock is calculated by dividing the net loss, adjusted for income attributable to Class A redeemable common stock, net of applicable franchise and income taxes, by the weighted average number of Class A and Class B <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-redeemable</div> common stock outstanding for the period. Class A and Class B <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-redeemable</div> common stock includes the Founder Shares and the Private Placement Shares as these shares do not have any redemption features and do not participate in the income earned on the Trust Account. </div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The following table reflects the calculation of basic and diluted net income (loss) per common share (in dollars, except per share amounts): </div></div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="margin: 0px auto; border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="font-size: 0px;"><td style="width: 75%;"></td><td style="width: 4%; vertical-align: bottom;"></td><td></td><td></td><td></td><td style="width: 4%; vertical-align: bottom;"></td><td></td><td></td><td></td></tr><tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid;"><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;">  </td><td colspan="6" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Year Ended<br/>December 31,</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td></tr><tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid;"><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;">  </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">2020</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">2019</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Redeemable Class A Common Stock</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Numerator: Earnings allocable to Redeemable Class A Common Stock</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Interest Income</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">5,861</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Income and Franchise Tax</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(5,861</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-size: 1px;"><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 7em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Net Earnings</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Denominator: Weighted Average Redeemable Class A Common Stock</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Redeemable Class A Common Stock, Basic and Diluted</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">23,000,000</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Earnings/Basic and Diluted Redeemable Class A Common Stock</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Non-Redeemable</div> Class A and B Common Stock</div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Numerator: Net loss minus Redeemable Net Earnings</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Net loss</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">(5,104,603</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">(1,319</td><td style="vertical-align: bottom; white-space: nowrap;">) </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Redeemable Net Earnings</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-size: 1px;"><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 7em; line-height: normal;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Non-Redeemable</div> Net Loss</div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">(5,104,603</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">(1,319</td><td style="vertical-align: bottom; white-space: nowrap;">) </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;">Denominator: Weighted Average <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Non-Redeemable</div> Class A and B Common Stock</div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"></td><td style="vertical-align: bottom;"></td><td style="vertical-align: bottom;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"></td><td style="vertical-align: bottom;"></td><td style="vertical-align: bottom;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Non-Redeemable</div> Class A and B Common Stock, Basic and Diluted (1)</div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">7,280,219</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">6,870,000</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;">Loss/Basic and Diluted <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Non-Redeemable</div> Class A and B Common Stock</div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">(0.70</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;">Note: As of December 31, 2020 and 2019, basic and diluted common shares are the same as there are no <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-redeemable</div> securities that are dilutive to the Company’s stockholders. </div><div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="page-break-inside: avoid;"><td style="width: 5%; vertical-align: top;;text-align:left;">(1)</td><td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;">The weighted average <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-redeemable</div> common stock for the year ended December 31, 2020 includes the effect of 610,000 Private Units, which were issued in conjunction with the initial public offering on September 29, 2020. </div></td></tr></table>
<div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Income Taxes </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company complies with the accounting and reporting requirements of ASC Topic 740 “Income Taxes,” which requires an asset and liability approach to financial accounting and reporting for income taxes. Deferred income tax assets and liabilities are computed for differences between the </div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table><div style="font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">financial statement and tax bases of assets and liabilities that will result in future taxable or deductible amounts, based on enacted tax laws and rates applicable to the periods in which the differences are expected to affect taxable income. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">ASC 740 prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more likely than not to be sustained upon examination by taxing authorities. The Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense. There were no unrecognized tax benefits and no amounts accrued for interest and penalties as of December 31, 2020 and 2019. The Company is currently not aware of any issues under review that could result in significant payments, accruals or material deviation from its position. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company may be subject to potential examination by federal, state and city taxing authorities in the areas of income taxes. These potential examinations may include questioning the timing and amount of deductions, the nexus of income among various tax jurisdictions and compliance with federal, state and city tax laws. The Company’s management does not expect that the total amount of unrecognized tax benefits will materially change over the next twelve months. The Company is subject to income tax examinations by major taxing authorities since inception. </div></div>
<div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Warrant Liabilities </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company accounts for warrants as either equity-classified or liability-classified instruments based on an assessment of the warrant’s specific terms and applicable authoritative guidance in Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 480, Distinguishing Liabilities from Equity (“ASC 480”) and ASC 815, Derivatives and Hedging (“ASC 815”). The assessment considers whether the warrants are freestanding financial instruments pursuant to ASC 480, meet the definition of a liability pursuant to ASC 480, and whether the warrants meet all of the requirements for equity classification under ASC 815, including whether the warrants are indexed to the Company’s own common shares and whether the warrant holders could potentially require “net cash settlement” in a circumstance outside of the Company’s control, among other conditions for equity classification. This assessment, which requires the use of professional judgment, is conducted at the time of warrant issuance and as of each subsequent quarterly period end date while the warrants are outstanding. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;">For issued or modified warrants that meet all of the criteria for equity classification, the warrants are required to be recorded as a component of additional <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">paid-in</div> capital at the time of issuance. For issued or modified warrants that do not meet all the criteria for equity classification, the warrants are required to be recorded as a derivative liability at their initial fair value on the date of issuance, and each balance sheet date thereafter. Changes in the estimated fair value of the warrants are recognized as a <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-cash</div> gain or loss on the statements of operations. The fair value of the Public Warrants was initially measured using a binomial / lattice model with subsequent periods measured at the trading price, whereas the Private Placement Warrants were initially and subsequently measured using the Black-Scholes Option Pricing Model. (see Note 11). </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
<div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Offering Costs </div></div></div></div><div style="font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Offering costs consist of underwriting, legal, accounting and other expenses that were directly related to the Initial Public Offering. Offering costs were allocated on a relative fair value basis between stockholders’ equity and expense. The portion of offering costs allocated to the public shares has been charged to stockholders’ equity. Offering costs totaled $14,255,791 (consisting of $4,000,000 of underwriting fees, $9,800,000 of deferred underwriting fees and $455,791 of other offering costs), of which $849,893 was charged to expense and $13,405,898 was charged to stockholders’ equity upon completion of the Initial Public Offering. </div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
<div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Class A Common Stock Subject to Possible Redemption </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company accounts for its Class A common stock subject to possible redemption in accordance with the guidance in Accounting Standards Codification (“ASC”) Topic 480 “Distinguishing Liabilities from Equity.” Class A common stock subject to mandatory redemption is classified as a liability instrument and is measured at fair value. Conditionally redeemable common stock (including common stock that features redemption rights that are either within the control of the holder or subject to redemption upon the occurrence of uncertain events not solely within the Company’s control) is </div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table><div style="font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">classified as temporary equity. At all other times, common stock is classified as stockholders’ equity. The Company’s Class A common stock features certain redemption rights that are considered to be outside of the Company’s control and subject to occurrence of uncertain future events. Accordingly, at December 31, 2020, 19,848,220 shares of Class A common stock subject to possible redemption is presented as temporary equity, outside of the stockholders’ equity section of the Company’s balance sheet.</div>
90869
<div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Marketable Securities Held in Trust Account </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">At December 31, 2020, substantially all of the assets held in the Trust Account were held in U.S. Treasury Securities Money Market Funds. </div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
<div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Cash and Cash Equivalents </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company considers all short-term investments with an original maturity of three months or less when purchased to be cash equivalents. The Company did not have any cash equivalents as of December 31, 2020 and 2019. </div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
<div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Use of Estimates </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future events. Accordingly, the actual results could differ significantly from those estimates. </div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
7870000
<div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Emerging Growth Company </div></div></div></div> <div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company is an “emerging growth company,” as defined in Section 2(a) of the Securities Act, as modified by the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”), and it may take advantage of certain exemptions from various reporting requirements that are applicable to other public companies that are not emerging growth companies including, but not limited to, not being required to comply with the independent registered public accounting firm attestation requirements of Section 404 of the Sarbanes-Oxley Act of 2002, reduced disclosure obligations regarding executive compensation in its periodic reports and proxy statements, and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and stockholder approval of any golden parachute payments not previously approved. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> <table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Further, Section 102(b)(1) of the JOBS Act exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that have not had a Securities Act registration statement declared effective or do not have a class of securities registered under the Exchange Act) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that a company can elect to opt out of the extended transition period and comply with the requirements that apply to <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-emerging</div> growth companies but any such election to opt out is irrevocable. The Company has elected not to opt out of such extended transition period which means that when a standard is issued or revised and it has different application dates for public or private companies, the Company, as an emerging growth company, can adopt the new or revised standard at the time private companies adopt the new or revised standard. This may make comparison of the Company’s financial statements with another public company which is neither an emerging growth company nor an emerging growth company which has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used. </div>
20338568
<div style="font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Basis of Presentation </div></div></div></div> <div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and pursuant to the rules and regulations of the SEC. </div></div> <table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
60000
20000
610000
1000000
250000
0.25
7870000
13405898
849893
455791
9800000
4000000
<div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">NOTE 3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES </div></div></div> <div style="font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Basis of Presentation </div></div></div></div> <div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and pursuant to the rules and regulations of the SEC. </div></div> <div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Emerging Growth Company </div></div></div></div> <div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company is an “emerging growth company,” as defined in Section 2(a) of the Securities Act, as modified by the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”), and it may take advantage of certain exemptions from various reporting requirements that are applicable to other public companies that are not emerging growth companies including, but not limited to, not being required to comply with the independent registered public accounting firm attestation requirements of Section 404 of the Sarbanes-Oxley Act of 2002, reduced disclosure obligations regarding executive compensation in its periodic reports and proxy statements, and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and stockholder approval of any golden parachute payments not previously approved. </div></div> <div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> <table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">Further, Section 102(b)(1) of the JOBS Act exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that have not had a Securities Act registration statement declared effective or do not have a class of securities registered under the Exchange Act) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that a company can elect to opt out of the extended transition period and comply with the requirements that apply to <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-emerging</div> growth companies but any such election to opt out is irrevocable. The Company has elected not to opt out of such extended transition period which means that when a standard is issued or revised and it has different application dates for public or private companies, the Company, as an emerging growth company, can adopt the new or revised standard at the time private companies adopt the new or revised standard. This may make comparison of the Company’s financial statements with another public company which is neither an emerging growth company nor an emerging growth company which has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used. </div><div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Use of Estimates </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future events. Accordingly, the actual results could differ significantly from those estimates. </div></div><div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Cash and Cash Equivalents </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company considers all short-term investments with an original maturity of three months or less when purchased to be cash equivalents. The Company did not have any cash equivalents as of December 31, 2020 and 2019. </div></div><div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Marketable Securities Held in Trust Account </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">At December 31, 2020, substantially all of the assets held in the Trust Account were held in U.S. Treasury Securities Money Market Funds. </div></div><div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Class A Common Stock Subject to Possible Redemption </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company accounts for its Class A common stock subject to possible redemption in accordance with the guidance in Accounting Standards Codification (“ASC”) Topic 480 “Distinguishing Liabilities from Equity.” Class A common stock subject to mandatory redemption is classified as a liability instrument and is measured at fair value. Conditionally redeemable common stock (including common stock that features redemption rights that are either within the control of the holder or subject to redemption upon the occurrence of uncertain events not solely within the Company’s control) is </div></div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><div style="font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">classified as temporary equity. At all other times, common stock is classified as stockholders’ equity. The Company’s Class A common stock features certain redemption rights that are considered to be outside of the Company’s control and subject to occurrence of uncertain future events. Accordingly, at December 31, 2020, 19,848,220 shares of Class A common stock subject to possible redemption is presented as temporary equity, outside of the stockholders’ equity section of the Company’s balance sheet. </div></div><div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Offering Costs </div></div></div></div><div style="font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Offering costs consist of underwriting, legal, accounting and other expenses that were directly related to the Initial Public Offering. Offering costs were allocated on a relative fair value basis between stockholders’ equity and expense. The portion of offering costs allocated to the public shares has been charged to stockholders’ equity. Offering costs totaled $14,255,791 (consisting of $4,000,000 of underwriting fees, $9,800,000 of deferred underwriting fees and $455,791 of other offering costs), of which $849,893 was charged to expense and $13,405,898 was charged to stockholders’ equity upon completion of the Initial Public Offering. </div></div><div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Warrant Liabilities </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company accounts for warrants as either equity-classified or liability-classified instruments based on an assessment of the warrant’s specific terms and applicable authoritative guidance in Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 480, Distinguishing Liabilities from Equity (“ASC 480”) and ASC 815, Derivatives and Hedging (“ASC 815”). The assessment considers whether the warrants are freestanding financial instruments pursuant to ASC 480, meet the definition of a liability pursuant to ASC 480, and whether the warrants meet all of the requirements for equity classification under ASC 815, including whether the warrants are indexed to the Company’s own common shares and whether the warrant holders could potentially require “net cash settlement” in a circumstance outside of the Company’s control, among other conditions for equity classification. This assessment, which requires the use of professional judgment, is conducted at the time of warrant issuance and as of each subsequent quarterly period end date while the warrants are outstanding. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;">For issued or modified warrants that meet all of the criteria for equity classification, the warrants are required to be recorded as a component of additional <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">paid-in</div> capital at the time of issuance. For issued or modified warrants that do not meet all the criteria for equity classification, the warrants are required to be recorded as a derivative liability at their initial fair value on the date of issuance, and each balance sheet date thereafter. Changes in the estimated fair value of the warrants are recognized as a <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-cash</div> gain or loss on the statements of operations. The fair value of the Public Warrants was initially measured using a binomial / lattice model with subsequent periods measured at the trading price, whereas the Private Placement Warrants were initially and subsequently measured using the Black-Scholes Option Pricing Model. (see Note 11). </div><div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Income Taxes </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company complies with the accounting and reporting requirements of ASC Topic 740 “Income Taxes,” which requires an asset and liability approach to financial accounting and reporting for income taxes. Deferred income tax assets and liabilities are computed for differences between the </div></div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><div style="font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">financial statement and tax bases of assets and liabilities that will result in future taxable or deductible amounts, based on enacted tax laws and rates applicable to the periods in which the differences are expected to affect taxable income. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">ASC 740 prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more likely than not to be sustained upon examination by taxing authorities. The Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense. There were no unrecognized tax benefits and no amounts accrued for interest and penalties as of December 31, 2020 and 2019. The Company is currently not aware of any issues under review that could result in significant payments, accruals or material deviation from its position. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company may be subject to potential examination by federal, state and city taxing authorities in the areas of income taxes. These potential examinations may include questioning the timing and amount of deductions, the nexus of income among various tax jurisdictions and compliance with federal, state and city tax laws. The Company’s management does not expect that the total amount of unrecognized tax benefits will materially change over the next twelve months. The Company is subject to income tax examinations by major taxing authorities since inception. </div></div><div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Net Loss Per Common Share </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Net loss per common share is computed by dividing net income (loss) by the weighted average number of common shares outstanding for the period. The Company has not considered the effect of warrants sold in the Initial Public Offering and private placement to purchase 7,870,000 shares of Class A common stock in the calculation of diluted income (loss) per share, since the exercise of the warrants are contingent upon the occurrence of future events and the inclusion of such warrants would be anti-dilutive. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;">The Company’s statements of operations includes a presentation of loss per share for common shares subject to possible redemption in a manner similar to the <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">two-class</div> method of loss per share. Net income per common share, basic and diluted, for Class A redeemable common stock is calculated by dividing the interest income earned on the Trust Account, by the weighted average number of Class A redeemable common stock outstanding since original issuance. Net loss per share, basic and diluted, for Class A and Class B <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-redeemable</div> common stock is calculated by dividing the net loss, adjusted for income attributable to Class A redeemable common stock, net of applicable franchise and income taxes, by the weighted average number of Class A and Class B <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-redeemable</div> common stock outstanding for the period. Class A and Class B <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-redeemable</div> common stock includes the Founder Shares and the Private Placement Shares as these shares do not have any redemption features and do not participate in the income earned on the Trust Account. </div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The following table reflects the calculation of basic and diluted net income (loss) per common share (in dollars, except per share amounts): </div></div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="margin: 0px auto; border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="font-size: 0px;"><td style="width: 75%;"></td><td style="width: 4%; vertical-align: bottom;"></td><td></td><td></td><td></td><td style="width: 4%; vertical-align: bottom;"></td><td></td><td></td><td></td></tr><tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid;"><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;">  </td><td colspan="6" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Year Ended<br/>December 31,</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td></tr><tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid;"><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;">  </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">2020</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">2019</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Redeemable Class A Common Stock</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Numerator: Earnings allocable to Redeemable Class A Common Stock</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Interest Income</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">5,861</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Income and Franchise Tax</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(5,861</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-size: 1px;"><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 7em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Net Earnings</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Denominator: Weighted Average Redeemable Class A Common Stock</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Redeemable Class A Common Stock, Basic and Diluted</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">23,000,000</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Earnings/Basic and Diluted Redeemable Class A Common Stock</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Non-Redeemable</div> Class A and B Common Stock</div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Numerator: Net loss minus Redeemable Net Earnings</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Net loss</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">(5,104,603</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">(1,319</td><td style="vertical-align: bottom; white-space: nowrap;">) </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Redeemable Net Earnings</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-size: 1px;"><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 7em; line-height: normal;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Non-Redeemable</div> Net Loss</div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">(5,104,603</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">(1,319</td><td style="vertical-align: bottom; white-space: nowrap;">) </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;">Denominator: Weighted Average <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Non-Redeemable</div> Class A and B Common Stock</div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"></td><td style="vertical-align: bottom;"></td><td style="vertical-align: bottom;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"></td><td style="vertical-align: bottom;"></td><td style="vertical-align: bottom;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Non-Redeemable</div> Class A and B Common Stock, Basic and Diluted (1)</div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">7,280,219</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">6,870,000</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;">Loss/Basic and Diluted <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Non-Redeemable</div> Class A and B Common Stock</div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">(0.70</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;">Note: As of December 31, 2020 and 2019, basic and diluted common shares are the same as there are no <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-redeemable</div> securities that are dilutive to the Company’s stockholders. </div><div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="page-break-inside: avoid;"><td style="width: 5%; vertical-align: top;;text-align:left;">(1)</td><td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;">The weighted average <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-redeemable</div> common stock for the year ended December 31, 2020 includes the effect of 610,000 Private Units, which were issued in conjunction with the initial public offering on September 29, 2020. </div></td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Concentration of Credit Risk </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Financial instruments that potentially subject the Company to concentrations of credit risk consist of a cash account in a financial institution, which, at times, may exceed the Federal Depository Insurance Corporation coverage limits of $250,000. The Company has not experienced losses on this account and management believes the Company is not exposed to significant risks on such account. </div></div><div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Fair Value of Financial Instruments </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The fair value of the Company’s assets and liabilities, which qualify as financial instruments under ASC Topic 820, “Fair Value Measurement and Disclosures,” approximates the carrying amounts represented in the accompanying balance sheet, primarily due to their short-term nature. </div></div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">As of December 31, 2020, the carrying values of cash, accounts payable and accrued expenses approximate their fair values primarily due to the short-term nature of the instruments. The Company’s portfolio of marketable securities held in the Trust Account is comprised of investments in U.S. Treasury securities with an original maturity of 185 days or less. The fair value for trading securities is determined using quoted market prices in active markets. </div></div><div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Recent Accounting Standards </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Management does not believe that any recently issued, but not yet effective, accounting standards, if currently adopted, would have a material effect on the Company’s financial statements. </div></div>
14255791
10.00
<div style="font-size: 18pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 18pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="page-break-inside: avoid;"><td style="width: 5%; vertical-align: top;;text-align:left;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">NOTE</div></div></td><td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">3. INITIAL PUBLIC OFFERING </div></div></div></td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;">Pursuant to the Initial Public Offering, the Company sold 23,000,000 Units, which included the full exercise by the underwriters of their over-allotment option in the amount of 3,000,000 Units, at a purchase price of $10.00 per Unit. Each Unit consists of one share of Class A common stock and <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">one-third</div> of one warrant (“Public Warrant”). Each whole Public Warrant entitles the holder to purchase one share of Class A common stock at an exercise price of $11.50, subject to adjustment (see Note 7). </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
6100000
12500000
<div style="font-size: 18pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 18pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="page-break-inside: avoid;"><td style="width: 5%; vertical-align: top;;text-align:left;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">NOTE</div></div></td><td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">4. PRIVATE PLACEMENT </div></div></div></td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;">Simultaneously with the closing of the Initial Public Offering, FinTech Investor Holdings IV, LLC purchased 610,000 Private Placement Units at a price of $10.00 per Private Placement Unit, for an aggregate purchase price of $6,100,000. Each Private Placement Unit consists of one share of Class A common stock and <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">one-third</div> of one warrant (the “Private Placement Warrant”). Each whole Private Placement Warrant is exercisable for one whole share of Class A common stock at a price of $11.50 per share, subject to adjustment. The proceeds from the Private Placement Units were added to the proceeds from the Initial Public Offering held in the Trust Account. If the Company does not complete a Business Combination within the Combination Period, the proceeds from the sale of the Private Placement Units will be used to fund the redemption of the Public Shares (subject to the requirements of applicable law) and the Private Placement Warrants will expire worthless. There will be no redemption rights or liquidating distributions from the Trust Account with respect to the Private Placement Warrants. </div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
10000000
  (ii)Professionals will contribute the equity interests of PWP GP, the general partner of PWP, to the Company;   (iii)the Company will issue (A) to Professionals, new shares of Class B-1 common stock, which will have 10 votes per share (for so long as Professionals or its limited partners as of the Closing maintain ownership of at least 10% of the issued and outstanding Class A common units of PWP, otherwise such Class B-1 common stock shall have one vote per share) and (B) to investor limited partners of PWP, new shares of Class B-2 common stock, which will have one vote per share, with the number of shares of such common stock to be issued to equal the number of common units of PWP that will be held by Professionals and such investor limited partners, respectively, following the Closing; and   (iv)the Company will repay certain indebtedness of PWP, pay certain expenses, retain up to $10 million of cash on its balance sheet, and subject to the availability of transaction proceeds, the Company will first redeem certain limited partnership interests held by certain electing third party investor limited partners of PWP and second redeem certain electing non-working limited partners of Professionals (collectively with the other transactions contemplated by the Business Combination Agreement, the “Business Combination”).
9800000
<div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="page-break-inside: avoid;"><td style="width: 5%; vertical-align: top;;text-align:left;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">NOTE</div></div></td><td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">5. RELATED PARTY TRANSACTIONS </div></div></div></td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Founder Shares </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">In November 2018, the Company issued an aggregate of 7,382,500 shares of common stock to the Sponsor (the “Founder Shares”) for an aggregate purchase price of $25,000. The Company received payment for the Founder Shares in May 2019. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;">On June 13, 2019, the Company filed an amendment to its Certificate of Incorporation to, among other things, create two classes of common stock, Class A and Class B, and to convert the outstanding Founder Shares into shares of Class B common stock. The Founder Shares will automatically convert into shares of Class A common stock upon consummation of a Business Combination on a <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">one-for-one</div></div> basis, subject to certain adjustments, as described in Note 7. Additionally, on June 13, 2019, the Company completed an approximate <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">1.3333333-for-1</div></div> forward stock split of its common stock. Also, on August 10, 2020, the Sponsor contributed back to the Company, for no consideration, 1,973,000 Founder Shares. As a result of the foregoing transactions, the Sponsor now holds 7,870,000 Founder Shares, of which 1,000,000 shares were subject to forfeiture to the extent that the underwriters’ over-allotment option was not exercised in full or in part, so that the Founder Shares would represent 25% of the Company’s aggregate Founder Shares, Private Placement Shares and issued and outstanding Public Shares after the Initial Public Offering. As a result of the underwriters’ election to fully exercise their over-allotment option, 1,000,000 Founder Shares are no longer subject to forfeiture. </div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;">The Insiders have agreed not to transfer, assign or sell any of their Founder Shares (except to permitted transferees) (i) with respect to 25% of such shares, until consummation of the Company’s initial Business Combination, (ii) with respect to 25% of such shares, until the closing price of the Class A common stock exceeds $12.00 for any 20 trading days within a <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">30-trading</div> day period following the consummation of a Business Combination, (iii) with respect to 25% of such shares, until the closing price of the Class A common stock exceeds $13.50 for any 20 trading days within a <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">30-trading</div> day period following the consummation of a Business Combination, and (iv) with respect to 25% of such shares, until the closing price of the Class A common stock exceeds $17.00 for any 20 trading days within a <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">30-trading</div> day period following the consummation of a Business Combination or earlier, in any case, if, following a Business Combination, the Company completes a liquidation, merger, capital stock exchange, reorganization or other similar transaction that results in all of the public stockholders having the right to exchange their shares of common stock for cash, securities or other property. </div><div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Administrative Services Agreement </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company entered into an agreement, commencing on September 25, 2020 through the earlier of the Company’s consummation of a Business Combination and its liquidation, to pay the Sponsor or an affiliate of the Sponsor $20,000 per month for office space, administrative and shared personnel support services. For the three months ended March 31, 2021, the Company incurred and paid $60,000 in fees for these services. </div></div><div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Promissory Note—Related Party </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">On June 12, 2019, as amended on August 5, 2020, the Company issued a promissory note to the Sponsor, pursuant to which the Sponsor agreed to loan the Company up to an aggregate of $500,000 </div></div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><div style="font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">to be used for the payment of costs related to the Initial Public Offering (the “Promissory Note”). The Promissory Note was <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-interest</div> bearing, unsecured and due on the earlier of December 31, 2020 or the completion of the Initial Public Offering. The outstanding balance under the Promissory Note of $90,869 was repaid at the closing of the Initial Public Offering on September 29, 2020. </div><div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Related Party Loans </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">In order to finance transaction costs in connection with a Business Combination, the Sponsor, members of the Company’s management team or any of their respective affiliates or other third parties may, but are not obligated to, loan the Company funds as may be required (“Working Capital Loans”), which will be repaid only upon the consummation of a Business Combination. If the Company does not consummate a Business Combination, the Company may use a portion of any funds held outside the Trust Account to repay the Working Capital Loans; however, no proceeds from the Trust Account may be used for such repayment. If such funds are insufficient to repay the Working Capital Loans, the unpaid amounts would be forgiven. Up to $1,500,000 of the Working Capital Loans may be converted into units at a price of $10.00 per unit at the option of the holder. The units would be identical to the Private Placement Units. As of March 31, 2021 and December 31, 2020, there were no amounts outstanding under the Working Capital Loans. </div></div>
25000
<div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Recent Accounting Standards </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;">In August 2020, the FASB issued ASU <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">No. 2020-06,</div> Debt—Debt with Conversion and Other Options (Subtopic <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">470-20)</div> and Derivatives and Hedging-Contracts in Entity’s Own Equity (Subtopic: <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">815-40)</div> and Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity (“ASU <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">2020-06”),</div> which simplifies accounting for convertible instruments by removing major separation models required under current GAAP. The ASU also removes certain settlement conditions that are required for equity-linked contracts to qualify for the derivative scope exception, and it simplifies the diluted earnings per share calculation in certain areas. The Company adopted ASU <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">2020-06</div> on January 1, 2021. Adoption of the ASU did not impact the Company’s financial position, results of operations or cash flows. </div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Management does not believe that any other recently issued, but not yet effective, accounting standards, if currently adopted, would have a material effect on the Company’s unaudited condensed financial statements. </div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
<div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Fair Value of Financial Instruments </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The fair value of the Company’s assets and liabilities, which qualify as financial instruments under ASC Topic 820, “Fair Value Measurement,” approximates the carrying amounts represented in the accompanying condensed balance sheets, primarily due to their short-term nature. </div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;">As of March 31, 2021, the carrying values of cash, accounts payable and accrued expenses approximate their fair values due to the short-term nature of the instruments. The Company’s portfolio of marketable securities held in the Trust Account is comprised of investments in U.S. Treasury securities with an original maturity of 185 days or less. The fair value for trading securities is determined using quoted market prices in active markets.</div>
<div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Concentration of Credit Risk </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Financial instruments that potentially subject the Company to concentrations of credit risk consist of a cash account in a financial institution, which, at times, may exceed the Federal Depository Insurance Corporation limit of $250,000. The Company has not experienced losses on this account and management believes the Company is not exposed to significant risks on such account. </div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
<div style="font-family: arial; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Net Income Per Common Share </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Net income per common share is computed by dividing net income by the weighted average number of common shares outstanding for the period. The Company has not considered the effect of warrants sold in the Initial Public Offering and private placement to purchase 7,870,000 shares of Class A common stock in the calculation of diluted income per share, since the exercise of the warrants are contingent upon the occurrence of future events and the inclusion of such warrants would be anti-dilutive. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;">The Company’s statements of operations includes a presentation of income per share for common shares subject to possible redemption in a manner similar to the <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">two-class</div> method of income per share. Net income per common share, basic and diluted, for Class A redeemable common stock is calculated by dividing the interest income earned on the Trust Account, by the weighted average number of Class A redeemable common stock outstanding since original issuance. Net income per share, basic and diluted, for Class A and Class B <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-redeemable</div> common stock is calculated by dividing the net income, adjusted for income attributable to Class A redeemable common stock, net of applicable franchise and income taxes, by the weighted average number of Class A and Class B <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-redeemable</div> common stock outstanding for the period. Class A and Class B <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-redeemable</div> common stock includes the Founder Shares and the Private Placement Shares as these shares do not have any redemption features and do not participate in the income earned on the Trust Account. </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The following table reflects the calculation of basic and diluted net income per common share (in dollars, except per share amounts): </div></div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="margin: 0px auto; border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="font-size: 0px;"><td style="width: 74%;"></td><td style="width: 6%; vertical-align: bottom;"></td><td></td><td></td><td></td><td style="width: 6%; vertical-align: bottom;"></td><td></td><td></td><td></td></tr><tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid;"><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;">  </td><td colspan="6" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Three Months Ended<br/>March 31</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td></tr><tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid;"><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;">  </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">2021</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">2020</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Redeemable Class A Common Stock</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Numerator: Earnings allocable to Redeemable Class A Common Stock</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Interest Income</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">5,672</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Income and Franchise Tax</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(5,672</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-size: 1px;"><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 7em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Net Earnings</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Denominator: Weighted Average Redeemable Class A Common Stock</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Redeemable Class A Common Stock, Basic and Diluted</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">23,000,000</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Earnings/Basic and Diluted Redeemable Class A Common Stock</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Non-Redeemable</div> Class A and B Common Stock</div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Numerator: Net Income minus Redeemable Net Earnings</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Net Income (Loss)</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">4,903,480</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">(993</td><td style="vertical-align: bottom; white-space: nowrap;">) </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Redeemable Net Earnings (Loss)</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-size: 1px;"><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 7em; line-height: normal;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Non-Redeemable</div> Net Earnings (Loss)</div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">4,903,480</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">(993</td><td style="vertical-align: bottom; white-space: nowrap;">) </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;">Denominator: Weighted Average <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Non-Redeemable</div> Class A and B Common Stock</div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"></td><td style="vertical-align: bottom;"></td><td style="vertical-align: bottom;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"></td><td style="vertical-align: bottom;"></td><td style="vertical-align: bottom;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Non-Redeemable</div> Class A and B Common Stock, Basic and Diluted (1)</div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">8,480,000</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">6,870,000</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;">Loss/Basic and Diluted <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Non-Redeemable</div> Class A and B Common Stock</div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">(0.58</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;">Note: As of March 31, 2021 and 2020, basic and diluted common shares are the same as there are no <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-redeemable</div> securities that are dilutive to the Company’s stockholders. </div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="page-break-inside: avoid;"><td style="width: 5%; vertical-align: top;;text-align:left;">(1)</td><td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;">The weighted average <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-redeemable</div> common stock for the three months ended March 31, 2021 includes the effect of 610,000 Private Placement Units, which were issued in conjunction with the initial public offering on September 24, 2020. </div></td></tr></table>
<div style="font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Income Taxes </div></div></div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company complies with the accounting and reporting requirements of ASC Topic 740 “Income Taxes,” which requires an asset and liability approach to financial accounting and reporting for income taxes. Deferred income tax assets and liabilities are computed for differences between the financial statement and tax bases of assets and liabilities that will result in future taxable or deductible amounts, based on enacted tax laws and rates applicable to the periods in which the differences are expected to affect taxable income. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">ASC 740 prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of tax positions taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more likely than not to be sustained upon examination by taxing authorities. The Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense. There were no unrecognized tax benefits and no amounts accrued for interest and penalties as of March 31, 2021. The Company is currently not aware of any issues under review that could result in significant payments, accruals or material deviation from its position. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company may be subject to potential examination by federal, state and city taxing authorities in the areas of income taxes. These potential examinations may include questioning the timing and amount of deductions, the nexus of income among various tax jurisdictions and compliance with federal, state and city tax laws. The Company’s management does not expect that the total amount of unrecognized tax benefits will materially change over the next twelve months. The Company is subject to income tax examinations by major taxing authorities since inception. </div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
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Perella Weinberg Partners
Non-accelerated Filer
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true
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<table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="page-break-inside: avoid;"><td style="width: 5%; vertical-align: top;;text-align:left;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">NOTE</div></div></td><td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">10. SUBSEQUENT EVENTS </div></div></div></td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company evaluated subsequent events and transactions that occurred after the balance sheet date up to the date that the condensed financial statements were issued. Based upon this review, the Company did not identify any subsequent events that would have required adjustment or disclosure in the condensed financial statements. </div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
1.3333333-for-1 forward stock split of its common stock.
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(iii) the Company will issue (A) to Professionals, new shares of Class B-1 common stock, which will have 10 votes per share (for so long as Professionals or its limited partners as of the Closing maintain ownership of at least 10% of the issued and outstanding Class A common units of PWP, otherwise such Class B-1 common stock shall have one vote per share) and (B) to investor limited partners of PWP, new shares of Class B-2 common stock, which will have one vote per share, with the number of shares of such common stock to be issued to equal the number of common units of PWP that will be held by Professionals and such investor limited partners, respectively, following the Closing; and (iv) the Company will repay certain indebtedness of PWP, pay certain expenses, retain up to $10 million of cash on its balance sheet, and subject to the availability of transaction proceeds, the Company will first redeem certain limited partnership interests held by certain electing third party investor limited partners of PWP and second redeem certain electing non-working limited partners of Professionals (collectively with the other transactions contemplated by the Business Combination Agreement, the “Business Combination”).
11.50
The Company may redeem the Public Warrants: ● in whole and not in part; ● at a price of $0.01 per warrant; ● upon not less than 30 days’ prior written notice of redemption to each warrant holder; and ● if, and only if, the reported last sale price of the Company’s Class A common stock equals or exceeds $18.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within a 30-trading day period ending three business days prior to the date on which the Company sends the notice of redemption to the warrant holders.
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The Company may redeem the Public Warrants: ● in whole and not in part; ● at a price of $0.01 per warrant; ● upon not less than 30 days’ prior written notice of redemption to each warrant holder; and ● if, and only if, the reported last sale price of the Company’s Class A common stock equals or exceeds $18.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within a 30-trading day period ending three business days prior to the date on which the Company sends the notice of redemption to the warrant holders.
<table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="page-break-inside: avoid;"><td style="width: 5%; vertical-align: top;;text-align:left;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">NOTE</div></div></td><td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">1. DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS </div></div></div></td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">FinTech Acquisition Corp. IV (the “Company”) is a blank check company incorporated in Delaware on November 20, 2018. The Company was formed for the purpose of acquiring, through a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business transaction, one or more operating businesses or assets that the Company has not yet identified (a “Business Combination”). The Company has neither engaged in any operations nor generated significant revenue to date. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">As of December 31, 2020, the Company had not commenced operations. All activity through December 31, 2020 relates to the Company’s formation, the Initial Public Offering (as defined below), and, subsequent to the Initial Public Offering, identifying a target company for a Business Combination, activities in connection with the proposed acquisition of PWP Holdings LP, a Delaware limited partnership (“PWP”) (see Note 7). </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The registration statement for the Company’s Initial Public Offering was declared effective on September 24, 2020. On September 29, 2020, the Company consummated the Initial Public Offering of 23,000,000 units (the “Units” and, with respect to the shares of Class A common stock included in the Units sold, the “Public Shares”), which includes the full exercise by the underwriters of their over-allotment option in the amount of 3,000,000 Units, at $10.00 per Unit, generating gross proceeds of $230,000,000 which is described in Note 4. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Simultaneously with the closing of the Initial Public Offering, the Company consummated the sale of 610,000 units (the “Private Placement Units”) at a price of $10.00 per Private Placement Unit in a private placement to FinTech Investor Holdings IV, LLC (collectively with FinTech Masala Advisors IV, LLC, the “Sponsor”), generating gross proceeds of $6,100,000, which is described in Note 5. The manager of each entity of the Sponsor is Cohen Sponsor Interests IV, LLC. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Transaction costs amounted to $14,255,791, consisting of $4,000,000 of underwriting fees, $9,800,000 of deferred underwriting fees and $455,791 of other offering costs. In addition, at December 31, 2020, cash of $1,158,934 was held outside of the Trust Account (as defined below) and is available for working capital purposes. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;">Following the closing of the Initial Public Offering on September 29, 2020, an amount of $230,000,000 ($10.00 per Unit) from the net proceeds of the sale of the Units in the Initial Public Offering and the sale of the Private Placement Units was placed in a trust account (the “Trust Account”) and invested in U.S. government securities, within the meaning set forth in Section 2(a)(16) of the Investment Company Act of 1940, as amended (the “Investment Company Act”), with a maturity of 185 days or less, or in money market funds meeting certain conditions under Rule <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">2a-7</div> promulgated under the Investment Company Act which invest only in direct U.S. government treasury obligations, until the earlier of: (i) the consummation of a Business Combination; (ii) the redemption of any Public Shares in connection with a stockholder vote to amend the Company’s Amended and Restated Certificate of Incorporation (A) to modify the substance or timing of the Company’s obligation to redeem 100% of its Public Shares if it does not complete an initial Business Combination by September 29, 2022 (the “Combination Period”) or (B) with respect to any other provisions relating to stockholders’ rights or <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">pre-initial</div> Business Combination activity; or (iii) the distribution of the Trust Account, as described below, except that interest earned on the Trust Account can be released to pay </div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table><div style="font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">the Company’s tax obligations, if the Company is unable to complete an initial Business Combination within the Combination Period or upon any earlier liquidation of the Company. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company’s management has broad discretion with respect to the specific application of the net proceeds of the Initial Public Offering and Private Placement Units, although substantially all of the net proceeds are intended to be applied generally toward consummating a Business Combination. Nasdaq Capital Market (“NASDAQ”) rules provide that the Company’s initial Business Combination must be with one or more target businesses that together have a fair market value equal to at least 80% of the balance in the Trust Account (less any deferred underwriting commissions and taxes payable on interest earned) at the time of the signing of a definitive agreement in connection with a Business Combination. However, the Company will only complete a Business Combination if the post-Business Combination company owns or acquires a majority of the outstanding voting securities of the target or otherwise acquires a controlling interest in the target sufficient for it not to be required to register as an investment company under the Investment Company Act. There is no assurance that the Company will be able to successfully effect a Business Combination. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;">The Company will provide its stockholders with the opportunity to redeem all or a portion of the Public Shares upon the completion of a Business Combination either (i) in connection with a stockholder meeting called to approve the Business Combination or (ii) by means of a tender offer. The decision as to whether the Company will seek stockholder approval of a Business Combination or conduct a tender offer will be made by the Company, solely in its discretion. The stockholders will be entitled to redeem their shares for a pro rata portion of the amount then on deposit in the Trust Account (initially $10.00 per share, plus any pro rata interest earned on the funds held in the Trust Account and not previously released to the Company to pay its tax obligations). The <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">per-share</div> amount to be distributed to stockholders who redeem their shares will not be reduced by the deferred underwriting commissions the Company will pay to the representatives (as discussed in Note 7). There will be no redemption rights upon the completion of a Business Combination with respect to the Company’s warrants. </div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company will proceed with a Business Combination only if the Company has net tangible assets of at least $5,000,001 upon such consummation of a Business Combination and, if the Company seeks stockholder approval, a majority of the outstanding shares voted are voted in favor of the Business Combination. If a stockholder vote is not required by law and the Company does not decide to hold a stockholder vote for business or other legal reasons, the Company will, pursuant to its Amended and Restated Certificate of Incorporation, conduct the redemptions pursuant to the tender offer rules of the Securities and Exchange Commission (“SEC”), and file tender offer documents with the SEC prior to completing a Business Combination. If, however, stockholder approval of the transaction is required by law, or the Company decides to obtain stockholder approval for business or other legal reasons, the Company will offer to redeem shares in conjunction with a proxy solicitation pursuant to the proxy rules and not pursuant to the tender offer rules. If the Company seeks stockholder approval in connection with a Business Combination, the Sponsor and the Company’s officers and directors (the “Insiders”) have agreed to vote their Founder Shares (as defined in Note 6), the shares of Class A common stock included in the Private Placement Units (the “Private Placement Shares”) and any Public Shares held by them in favor of approving a Business Combination. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company will have until the expiration of the Combination Period to consummate its initial Business Combination. If the Company is unable to consummate a Business Combination within the </div></div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><div style="font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Combination Period, the Company will (i) cease all operations except for the purposes of winding up of its affairs; (ii) distribute the aggregate amount then on deposit in the Trust Account, including any amounts representing interest earned on the Trust Account not previously released to the Company to pay its franchise and income taxes and up to $100,000 to pay dissolution expenses, pro rata to the public stockholders by way of redemption of the Public Shares (which redemption would completely extinguish such holders’ rights as stockholders, including the right to receive further liquidation distributions, if any); and (iii) as promptly as possible following such redemption, dissolve and liquidate the balance of the Company’s net assets to its remaining stockholders, as part of its plan of dissolution and liquidation. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;">The Company will also provide its stockholders with the opportunity to redeem all or a portion of their Public Shares in connection with any stockholder vote to approve an amendment to the Company’s amended and restated certificate of incorporation (i) that would modify the substance or timing of the Company’s obligation to redeem 100% of Public Shares if it does not complete an initial Business Combination within the Combination Period or (ii) with respect to any other provisions relating to stockholders’ rights or <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">pre-initial</div> Business Combination activity. The stockholders will be entitled to redeem their shares for a pro rata portion of the amount then on deposit in the Trust Account (initially approximately $10.00 per share, plus any pro rata interest earned on the funds held in the Trust Account, net of taxes payable). The <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">per-share</div> amount to be distributed to stockholders who redeem their shares will not be reduced by the deferred underwriting commissions the Company will pay to the representatives (as discussed in Note 7). There will be no redemption rights with respect to the Company’s warrants in connection with such a stockholder vote to approve such an amendment to the Company’s amended and restated certificate of incorporation. Notwithstanding the foregoing, the Company may not redeem shares in an amount that would cause its net tangible assets to be less than $5,000,001. The Insiders have agreed to vote any Founder Shares, Private Placement Shares and any Public Shares held by them in favor of any such amendment. </div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;">The Insiders have agreed to waive their redemption rights with respect to any Founder Shares and Private Placement Shares, as applicable, (i) in connection with the consummation of a Business Combination, (ii) in connection with a stockholder vote to amend the Company’s Amended and Restated Certificate of Incorporation (a) to modify the substance or timing of the Company’s obligation to redeem 100% of its Public Shares if it does not complete its initial Business Combination within the Combination Period or (b) with respect to any other provisions relating to stockholders’ rights or <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">pre-initial</div> Business Combination activity, and (iii) if the Company fails to consummate a Business Combination within the Combination Period. The Insiders have also agreed to waive their redemption rights with respect to any Public Shares held by them in connection with the consummation of a Business Combination and in connection with a stockholder vote to amend the Company’s Amended and Restated Certificate of Incorporation (i) to modify the substance or timing of the Company’s obligation to redeem 100% of its Public Shares if it does not complete its initial Business Combination within the Combination Period or (ii) with respect to any other provisions relating to stockholders’ rights or <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">pre-initial</div> Business Combination activity. However, the Insiders will be entitled to redemption rights with respect to Public Shares if the Company fails to consummate a Business Combination or liquidates within the Combination Period. The representative has agreed to waive its rights to deferred underwriting commissions held in the Trust Account in the event the Company does not consummate a Business Combination within the Combination Period and, in such event, such amounts will be included with the funds held in the Trust Account that will be available to fund the redemption of the Public Shares. In the event of such distribution, it is possible that the per share value of the residual </div><div style="font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><div style="font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">assets remaining available for distribution (including Trust Account assets) will be less than the initial public offering price per Unit in the Initial Public Offering. Placing funds in the Trust Account may not protect those funds from third party claims against the Company. Although the Company will seek to have all vendors, service providers, prospective target businesses or other entities it engages, execute agreements with the Company waiving any claim of any kind in or to any monies held in the Trust Account, there is no guarantee that such persons will execute such agreements. FinTech Investor Holdings IV, LLC has agreed that it will be liable under certain circumstances to ensure that the proceeds in the Trust Account are not reduced by the claims of target businesses or vendors or other entities that are owed money by the Company for service rendered, contracted for or products sold to the Company. However, it may not be able to satisfy those obligations should they arise. </div></div><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Notwithstanding the foregoing redemption rights, if the Company seeks stockholder approval of its Business Combination and it does not conduct redemptions in connection with its Business Combination pursuant to the tender offer rules, the Amended and Restated Certificate of Incorporation provides that a public stockholder, together with any affiliate of such stockholder or any other person with whom such stockholder is acting in concert or as a “group” (as defined under Section 13 of the Exchange Act), will be restricted from redeeming its shares with respect to an aggregate of 15% or more of the shares sold in the Initial Public Offering. However, there is no restriction on the Company’s stockholders’ ability to vote all of their shares for or against a Business Combination. </div></div>
19848220
490348
In addition, if (x) the Company issues additional Class A common stock or equity-linked securities for capital raising purposes in connection with the closing of a Business Combination at an issue price or effective issue price of less than $9.20 per Class A common stock (with such issue price or effective issue price to be determined in good faith by the Company and, in the case of any such issuance to the Sponsor or its affiliates, without taking into account any Founder Shares held by the initial stockholders or such affiliates, as applicable, prior to such issuance) (the “Newly Issued Price”), (y) the aggregate gross proceeds from such issuances represent more than 50% of the total equity proceeds, and interest thereon, available for the funding of a Business Combination on the date of the consummation of a Business Combination (net of redemptions), and (z) the volume weighted average trading price of its Class A common stock during the 20 trading day period starting on the trading day prior to the day on which the Company consummates its Business Combination (such price, the “Market Value”) is below $9.20 per share, the exercise price of the warrants will be adjusted (to the nearest cent) to be equal to 115% of the higher of the Market Value and the Newly Issued Price, and the $18.00 per share redemption trigger price will be adjusted (to the nearest cent) to be equal to 180% of the higher of the Market Value and the Newly Issued Price.
231113387
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65635
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<div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The following table reflects the calculation of basic and diluted net income (loss) per common share (in dollars, except per share amounts): </div></div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="margin: 0px auto; border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="font-size: 0px;"><td style="width: 75%;"></td><td style="width: 4%; vertical-align: bottom;"></td><td></td><td></td><td></td><td style="width: 4%; vertical-align: bottom;"></td><td></td><td></td><td></td></tr><tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid;"><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;">  </td><td colspan="6" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Year Ended<br/>December 31,</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td></tr><tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid;"><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;">  </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">2020</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">2019</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Redeemable Class A Common Stock</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Numerator: Earnings allocable to Redeemable Class A Common Stock</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Interest Income</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">5,861</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Income and Franchise Tax</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(5,861</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-size: 1px;"><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 7em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Net Earnings</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Denominator: Weighted Average Redeemable Class A Common Stock</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Redeemable Class A Common Stock, Basic and Diluted</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">23,000,000</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Earnings/Basic and Diluted Redeemable Class A Common Stock</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Non-Redeemable</div> Class A and B Common Stock</div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Numerator: Net loss minus Redeemable Net Earnings</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Net loss</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">(5,104,603</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">(1,319</td><td style="vertical-align: bottom; white-space: nowrap;">) </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Redeemable Net Earnings</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-size: 1px;"><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 7em; line-height: normal;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Non-Redeemable</div> Net Loss</div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">(5,104,603</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">(1,319</td><td style="vertical-align: bottom; white-space: nowrap;">) </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;">Denominator: Weighted Average <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Non-Redeemable</div> Class A and B Common Stock</div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"></td><td style="vertical-align: bottom;"></td><td style="vertical-align: bottom;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"></td><td style="vertical-align: bottom;"></td><td style="vertical-align: bottom;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Non-Redeemable</div> Class A and B Common Stock, Basic and Diluted (1)</div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">7,280,219</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">6,870,000</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;">Loss/Basic and Diluted <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Non-Redeemable</div> Class A and B Common Stock</div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">(0.70</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr></table><div style="font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;">Note: As of December 31, 2020 and 2019, basic and diluted common shares are the same as there are no <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-redeemable</div> securities that are dilutive to the Company’s stockholders. </div><div style="font-size: 6pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 6pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="page-break-inside: avoid;"><td style="width: 5%; vertical-align: top;;text-align:left;">(1)</td><td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;">The weighted average <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-redeemable</div> common stock for the year ended December 31, 2020 includes the effect of 610,000 Private Units, which were issued in conjunction with the initial public offering on September 29, 2020. </div></td></tr></table><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
<div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The following table reflects the calculation of basic and diluted net income per common share (in dollars, except per share amounts): </div></div><table cellpadding="0" cellspacing="0" style="margin: 0px auto; border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="font-size: 0px;"><td style="width: 74%;"></td><td style="width: 6%; vertical-align: bottom;"></td><td></td><td></td><td></td><td style="width: 6%; vertical-align: bottom;"></td><td></td><td></td><td></td></tr><tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid;"><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;">  </td><td colspan="6" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Three Months Ended<br/>March 31</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td></tr><tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid;"><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;">  </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">2021</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">2020</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Redeemable Class A Common Stock</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Numerator: Earnings allocable to Redeemable Class A Common Stock</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Interest Income</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">5,672</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Income and Franchise Tax</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(5,672</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-size: 1px;"><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 7em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Net Earnings</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Denominator: Weighted Average Redeemable Class A Common Stock</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Redeemable Class A Common Stock, Basic and Diluted</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">23,000,000</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Earnings/Basic and Diluted Redeemable Class A Common Stock</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Non-Redeemable</div> Class A and B Common Stock</div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Numerator: Net Income minus Redeemable Net Earnings</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Net Income (Loss)</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">4,903,480</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">(993</td><td style="vertical-align: bottom; white-space: nowrap;">) </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Redeemable Net Earnings (Loss)</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-size: 1px;"><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 7em; line-height: normal;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Non-Redeemable</div> Net Earnings (Loss)</div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">4,903,480</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">(993</td><td style="vertical-align: bottom; white-space: nowrap;">) </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;">Denominator: Weighted Average <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Non-Redeemable</div> Class A and B Common Stock</div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"></td><td style="vertical-align: bottom;"></td><td style="vertical-align: bottom;"></td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"></td><td style="vertical-align: bottom;"></td><td style="vertical-align: bottom;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 5em; line-height: normal;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Non-Redeemable</div> Class A and B Common Stock, Basic and Diluted (1)</div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">8,480,000</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">6,870,000</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;">Loss/Basic and Diluted <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">Non-Redeemable</div> Class A and B Common Stock</div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">(0.58</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr></table><div style="clear: both; max-height: 0px;"></div><div style="clear: both; max-height: 0px;"></div><div style="font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;">Note: As of March 31, 2021 and 2020, basic and diluted common shares are the same as there are no <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-redeemable</div> securities that are dilutive to the Company’s stockholders. </div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="page-break-inside: avoid;"><td style="width: 5%; vertical-align: top;;text-align:left;">(1)</td><td style="vertical-align: top;;text-align:left;"><div style="text-align: left; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; line-height: normal;">The weighted average <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;;display:inline;">non-redeemable</div> common stock for the three months ended March 31, 2021 includes the effect of 610,000 Private Placement Units, which were issued in conjunction with the initial public offering on September 24, 2020. </div></td></tr></table><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
<div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company’s net deferred tax assets are as follows: </div></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> <table cellpadding="0" cellspacing="0" style="margin: 0px auto; border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="font-size: 0px;"><td style="width: 81%;"></td><td style="width: 3%; vertical-align: bottom;"></td><td></td><td></td><td></td><td style="width: 3%; vertical-align: bottom;"></td><td></td><td></td><td></td></tr><tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid;"><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;">  </td><td colspan="6" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">As of December 31,</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td></tr><tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid;"><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;">  </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">2020</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">2019</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Deferred tax asset</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"> </td><td style="vertical-align: bottom; font-family: arial;"> </td><td style="vertical-align: bottom; font-family: arial;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"> </td><td style="vertical-align: bottom; font-family: arial;"> </td><td style="vertical-align: bottom; font-family: arial;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Net operating loss carryforward</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">10,459</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">        —</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Organizational costs/Startup expenses</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">203,589</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-size: 1px;"><td style="vertical-align: bottom; font-family: arial;"> </td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Total deferred tax asset</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">214,048</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Valuation allowance</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(214,048</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-size: 1px;"><td style="vertical-align: bottom; font-family: arial;"> </td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Deferred tax asset, net</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-size: 1px;"><td style="vertical-align: bottom; font-family: arial;"> </td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td></tr></table><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
<div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The income tax provision consists of the following: </div></div> <div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> <table cellpadding="0" cellspacing="0" style="margin: 0px auto; border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="font-size: 0px;"><td style="width: 80%;"></td><td style="width: 6%; vertical-align: bottom;"></td><td></td><td></td><td></td><td style="width: 6%; vertical-align: bottom;"></td><td></td><td></td><td></td></tr><tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid;"><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;">  </td><td colspan="6" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">As of December 31,</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td></tr><tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid;"><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;">  </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">2020</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">2019</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Federal</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"> </td><td style="vertical-align: bottom; font-family: arial;"> </td><td style="vertical-align: bottom; font-family: arial;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"> </td><td style="vertical-align: bottom; font-family: arial;"> </td><td style="vertical-align: bottom; font-family: arial;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Current</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">        —</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Deferred</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(214,048</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">State</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"> </td><td style="vertical-align: bottom; font-family: arial;"> </td><td style="vertical-align: bottom; font-family: arial;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; font-family: arial;"> </td><td style="vertical-align: bottom; font-family: arial;"> </td><td style="vertical-align: bottom; font-family: arial;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Current</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Deferred</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Change in valuation allowance</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">214,048</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-size: 1px;"><td style="vertical-align: bottom; font-family: arial;"> </td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Income tax provision</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom; white-space: nowrap;">$</td><td style="vertical-align: bottom; white-space: nowrap;;text-align:right;">—</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-size: 1px;"><td style="vertical-align: bottom; font-family: arial;"> </td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td></tr></table><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
<div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">A reconciliation of the federal income tax rate to the Company’s effective tax rate is as follows: </div></div></div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt; text-indent: 0px;"><div style="display:inline;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></div><table cellpadding="0" cellspacing="0" style="margin: 0px auto; border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px; text-indent: 0px;;width:100%;"><tr style="font-size: 0px;"><td style="width: 80%;"></td><td style="width: 8%; vertical-align: bottom;"></td><td></td><td></td><td></td><td style="width: 8%; vertical-align: bottom;"></td><td></td><td></td><td></td></tr><tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid;"><td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="display:inline;"> </div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="display:inline;">  </div></td><td colspan="6" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">As of December 31,</div></div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="display:inline;"> </div></td></tr><tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid;"><td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="display:inline;"> </div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="display:inline;">  </div></td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">      2020      </div></div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="display:inline;"> </div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="display:inline;"> </div></td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">      2019      </div></div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"><div style="display:inline;"> </div></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top; font-size: 10pt;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Statutory federal income tax rate</div></div></div></td><td style="vertical-align: bottom;"><div style="display:inline;">  </div></td><td style="vertical-align: bottom;"><div style="display:inline;"> </div></td><td style="vertical-align: bottom;;text-align:right;"><div style="display:inline;">21.0</div></td><td style="vertical-align: bottom; white-space: nowrap;"><div style="display:inline;">% </div></td><td style="vertical-align: bottom;"><div style="display:inline;"> </div></td><td style="vertical-align: bottom;"><div style="display:inline;"> </div></td><td style="vertical-align: bottom;;text-align:right;"><div style="display:inline;">—</div></td><td style="vertical-align: bottom; white-space: nowrap;"><div style="display:inline;">% </div></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top; font-size: 10pt;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Change in fair value of warrant liability</div></div></div></td><td style="vertical-align: bottom;"><div style="display:inline;">  </div></td><td style="vertical-align: bottom;"><div style="display:inline;"> </div></td><td style="vertical-align: bottom;;text-align:right;"><div style="display:inline;">16.3</div></td><td style="vertical-align: bottom; white-space: nowrap;"><div style="display:inline;">% </div></td><td style="vertical-align: bottom;"><div style="display:inline;"> </div></td><td style="vertical-align: bottom;"><div style="display:inline;"> </div></td><td style="vertical-align: bottom;;text-align:right;"><div style="display:inline;">—</div></td><td style="vertical-align: bottom; white-space: nowrap;"><div style="display:inline;">% </div></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top; font-size: 10pt;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Change in valuation allowance</div></div></div></td><td style="vertical-align: bottom;"><div style="display:inline;">  </div></td><td style="vertical-align: bottom;"><div style="display:inline;"> </div></td><td style="vertical-align: bottom;;text-align:right;"><div style="display:inline;">(4.7</div></td><td style="vertical-align: bottom; white-space: nowrap;"><div style="display:inline;">)% </div></td><td style="vertical-align: bottom;"><div style="display:inline;"> </div></td><td style="vertical-align: bottom;"><div style="display:inline;"> </div></td><td style="vertical-align: bottom;;text-align:right;"><div style="display:inline;">—</div></td><td style="vertical-align: bottom; white-space: nowrap;"><div style="display:inline;">% </div></td></tr><tr style="font-size: 1px;"><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"><div style="display:inline;">  </div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></div></td><td><div style="display:inline;"> </div></td><td style="vertical-align: bottom;"><div style="display:inline;"> </div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></div></td><td><div style="display:inline;"> </div></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top; font-size: 10pt;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="display:inline;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Income tax provision</div></div></div></td><td style="vertical-align: bottom;"><div style="display:inline;">  </div></td><td style="vertical-align: bottom;"><div style="display:inline;"> </div></td><td style="vertical-align: bottom;;text-align:right;"><div style="display:inline;">(—</div></td><td style="vertical-align: bottom; white-space: nowrap;"><div style="display:inline;">)% </div></td><td style="vertical-align: bottom;"><div style="display:inline;"> </div></td><td style="vertical-align: bottom;"><div style="display:inline;"> </div></td><td style="vertical-align: bottom;;text-align:right;"><div style="display:inline;">—</div></td><td style="vertical-align: bottom; white-space: nowrap;"><div style="display:inline;">% </div></td></tr><tr style="font-size: 1px;"><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"><div style="display:inline;">  </div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></div></td><td><div style="display:inline;"> </div></td><td style="vertical-align: bottom;"><div style="display:inline;"> </div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="display:inline;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></div></td><td><div style="display:inline;"> </div></td></tr></table><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
<div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The following table presents information about the Company’s assets that are measured at fair value on a recurring basis at December 31, 2020 and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value: </div></div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="margin: 0px auto; border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="font-size: 0px;"><td style="width: 81%; font-family: arial;"></td><td style="width: 3%; vertical-align: bottom; font-family: arial;"></td><td style="font-family: arial;"></td><td style="font-family: arial;"></td><td style="font-family: arial;"></td><td style="width: 3%; vertical-align: bottom; font-family: arial;"></td><td style="font-family: arial;"></td><td style="font-family: arial;"></td><td style="font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid;"><td style="vertical-align: bottom; white-space: nowrap; padding-bottom: 1pt;"><div style="font-family: arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; border-bottom: 1pt solid rgb(0, 0, 0); display: table-cell; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Description</div></div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;">  </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Level</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;">  </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">December 31,<br/>2020</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Assets:</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Marketable securities held in Trust Account – U.S. Treasury Securities Money Market Fund</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">1</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">230,005,861</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-size: 1pt;"><td style="height: 6pt; font-family: arial;"></td><td colspan="4" style="height: 6pt; font-family: arial;"></td><td colspan="4" style="height: 6pt; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Liabilities:</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Warrant Liability – Public Warrants</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">1</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">16,790,001</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Warrant Liability – Private Placement Warrants</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">3</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">575,432</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr></table><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
<div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The following table presents information about the Company’s assets that are measured at fair value on a recurring basis at March 31, 2021 and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value: </div></div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="margin: 0px auto; border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="font-size: 0px;"><td style="width: 66%; font-family: arial;"></td><td style="width: 3%; vertical-align: bottom; font-family: arial;"></td><td style="font-family: arial;"></td><td style="font-family: arial;"></td><td style="font-family: arial;"></td><td style="width: 3%; vertical-align: bottom; font-family: arial;"></td><td style="font-family: arial;"></td><td style="font-family: arial;"></td><td style="font-family: arial;"></td><td style="width: 3%; vertical-align: bottom; font-family: arial;"></td><td style="font-family: arial;"></td><td style="font-family: arial;"></td><td style="font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid;"><td style="vertical-align: bottom; white-space: nowrap; padding-bottom: 1pt;"><div style="font-family: arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; border-bottom: 1pt solid rgb(0, 0, 0); display: table-cell; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Description</div></div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;">  </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Level</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;">  </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">March 31,</div></div><br/><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">2021</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;">  </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">December 31,</div></div><br/><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">2020</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Assets:</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Marketable securities held in Trust Account – U.S. Treasury Securities Money Market Fund</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">1</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">230,011,533</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">230,005,861</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-size: 1pt;"><td style="height: 6pt; font-family: arial;"></td><td colspan="4" style="height: 6pt; font-family: arial;"></td><td colspan="4" style="height: 6pt; font-family: arial;"></td><td colspan="4" style="height: 6pt; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Liabilities:</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom; font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Warrant liabilities – Public Warrants</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">1</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">11,116,667</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">16,790,001</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Warrant liabilities – Placement Warrants</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">3</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">492,066</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">575,432</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr></table><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
<div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The fair value of the Private Placement Warrants was estimated at March 31, 2021 and December 31, 2020 using the Black-Scholes option pricing model with the following assumptions: </div></div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="margin: 0px auto; border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="font-size: 0px;"><td style="width: 78%; font-family: arial;"></td><td style="width: 6%; vertical-align: bottom; font-family: arial;"></td><td style="font-family: arial;"></td><td style="font-family: arial;"></td><td style="font-family: arial;"></td><td style="width: 6%; vertical-align: bottom; font-family: arial;"></td><td style="font-family: arial;"></td><td style="font-family: arial;"></td><td style="font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid;"><td style="vertical-align: bottom; white-space: nowrap; padding-bottom: 1pt;"><div style="font-family: arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; border-bottom: 1pt solid rgb(0, 0, 0); display: table-cell; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Input</div></div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;">  </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">December 31,<br/>2021</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">March 31,<br/>2021</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Risk-free interest rate</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">0.3</td><td style="vertical-align: bottom; white-space: nowrap;">% </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">1.0</td><td style="vertical-align: bottom; white-space: nowrap;">% </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Expected term (years)</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">5.4</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">5.1</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Expected volatility</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">35.0</td><td style="vertical-align: bottom; white-space: nowrap;">% </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">26.1</td><td style="vertical-align: bottom; white-space: nowrap;">% </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Dividend yield</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">0.0</td><td style="vertical-align: bottom; white-space: nowrap;">% </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">0.0</td><td style="vertical-align: bottom; white-space: nowrap;">% </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Exercise price</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">11.50</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">11.50</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Asset price</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">11.30</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">11.18</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr></table><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
<div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The key inputs into the binomial / lattice model for the Public Warrants were as follows at initial measurement: </div></div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="margin: 0px auto; border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="font-size: 0px;"><td style="width: 86%; font-family: arial;"></td><td style="width: 10%; vertical-align: bottom; font-family: arial;"></td><td style="font-family: arial;"></td><td style="font-family: arial;"></td><td style="font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid;"><td style="vertical-align: bottom; white-space: nowrap; padding-bottom: 1pt;"><div style="font-family: arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; border-bottom: 1pt solid rgb(0, 0, 0); display: table-cell; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Input</div></div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;">  </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">September 29,</div></div><br/><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">2020<br/>(Initial<br/>Measurement)</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Risk-free interest rate</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">0.3</td><td style="vertical-align: bottom; white-space: nowrap;">% </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Expected term (years)</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">5.4</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Expected volatility</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">35.0</td><td style="vertical-align: bottom; white-space: nowrap;">% </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Call Price</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">18.0</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Exercise price</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">11.50</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Asset Price</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">9.60</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr></table><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table><div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The fair value of the Private Placement Warrants was estimated at December 31, 2020 using the Black-Scholes option pricing model and the following assumptions: </div></div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="margin: 0px auto; border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="font-size: 0px;"><td style="width: 86%; font-family: arial;"></td><td style="width: 10%; vertical-align: bottom; font-family: arial;"></td><td style="font-family: arial;"></td><td style="font-family: arial;"></td><td style="font-family: arial;"></td></tr><tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid;"><td style="vertical-align: bottom; white-space: nowrap; padding-bottom: 1pt;"><div style="font-family: arial; font-size: 8pt; margin-top: 0pt; margin-bottom: 0pt; border-bottom: 1pt solid rgb(0, 0, 0); display: table-cell; line-height: normal;"><div style="font-weight:bold;display:inline;"><div style="font-family: arial; font-size: 8pt; letter-spacing: 0px; top: 0px;;display:inline;">Input</div></div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;">  </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">September 29,<br/>2020<br/>(Initial<br/>Measurement)</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Risk-free interest rate</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">0.3</td><td style="vertical-align: bottom; white-space: nowrap;">% </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Expected term (years)</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">5.4</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Expected volatility</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">35.0</td><td style="vertical-align: bottom; white-space: nowrap;">% </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Dividend yield</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">0.0</td><td style="vertical-align: bottom; white-space: nowrap;">% </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Exercise price</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">11.50</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Asset Price</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">9.60</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr></table>
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0.3
P5Y4M24D
35.0
18.0
11.50
9.60
0.3
1.0
P5Y4M24D
P5Y1M6D
35.0
26.1
0.0
0.0
11.50
11.50
11.30
11.18
0.3
P5Y4M24D
35.0
0.0
11.50
9.60
<div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The following table presents the changes in the fair value of warrant liabilities: </div></div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="margin: 0px auto; border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="font-size: 0px;"><td style="width: 64%;"></td><td style="width: 2%; vertical-align: bottom;"></td><td></td><td></td><td></td><td style="width: 2%; vertical-align: bottom;"></td><td></td><td></td><td></td><td style="width: 2%; vertical-align: bottom;"></td><td></td><td></td><td></td></tr><tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid;"><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;">  </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Private<br/>Placement</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;">  </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Public</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;">  </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Warrant<br/>Liabilities</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Initial measurement on September 29, 2020</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">406,666</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">13,723,334</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">14,130,000</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 3em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Change in fair value recognized in earnings</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">168,766</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">3,066,667</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">3,235,433</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-size: 1px;"><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: bottom;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Fair value as of December 31, 2020</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;">$575,432</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;">$16,790,001</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;">$17,365,433</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-size: 1px;"><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td></tr></table><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
<div style="text-indent: 5%; font-family: arial; font-size: 10pt; margin-top: 12pt; margin-bottom: 0pt;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The following table presents the changes in the fair value of warrant liabilities: </div></div><div style="font-size: 12pt; margin-top: 0pt; margin-bottom: 0pt;"><div style="font-size: 12pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><table cellpadding="0" cellspacing="0" style="margin: 0px auto; border: 0px currentcolor; font-family: arial; font-size: 10pt; border-collapse: collapse; border-spacing: 0px;;width:100%;"><tr style="font-size: 0px;"><td style="width: 64%;"></td><td style="width: 2%; vertical-align: bottom;"></td><td></td><td></td><td></td><td style="width: 2%; vertical-align: bottom;"></td><td></td><td></td><td></td><td style="width: 2%; vertical-align: bottom;"></td><td></td><td></td><td></td></tr><tr style="font-family: arial; font-size: 8pt; page-break-inside: avoid;"><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;">  </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Private<br/>Placement</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Public</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td><td colspan="2" style="vertical-align: bottom; border-bottom-color: rgb(0, 0, 0); border-bottom-width: 1pt; border-bottom-style: solid;;text-align:center;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Warrant<br/>Liabilities</div></div></td><td style="vertical-align: bottom; padding-bottom: 1pt;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Fair value as of December 31, 2020</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">575,432</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">16,790,001</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">17,365,433</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid;"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Change in valuation inputs or other assumptions</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(83,366</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(5,673,334</td><td style="vertical-align: bottom; white-space: nowrap;">) </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;;text-align:right;">(5,756,700</td><td style="vertical-align: bottom; white-space: nowrap;">) </td></tr><tr style="font-size: 1px;"><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 1px solid rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td></tr><tr style="font-family: arial; font-size: 10pt; page-break-inside: avoid; background-color: rgb(204, 238, 255);"><td style="vertical-align: top;"><div style="text-indent: -1em; font-family: arial; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt; margin-left: 1em; line-height: normal;"><div style="font-family: arial; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Fair value as of March 31, 2021</div></div></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">492,066</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">11,116,667</td><td style="vertical-align: bottom; white-space: nowrap;"> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;">$</td><td style="vertical-align: bottom;;text-align:right;">11,608,733</td><td style="vertical-align: bottom; white-space: nowrap;"> </td></tr><tr style="font-size: 1px;"><td style="vertical-align: bottom; font-family: arial;"></td><td style="vertical-align: bottom;">  </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td><td style="vertical-align: bottom;"> </td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td style="vertical-align: bottom;"><div style="margin-top: 0pt; margin-bottom: 0pt; border-top: 3px double rgb(0, 0, 0); line-height: normal;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"> </div></div></td><td> </td></tr></table><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
0
0
0
iso4217:USD
xbrli:shares
xbrli:pure
iso4217:USD
xbrli:shares
The weighted average non-redeemable common stock for the year ended December 31, 2020 includes the effect of 610,000 Private Units, which were issued in conjunction with the initial public offering on September 29, 2020.
The weighted average non-redeemable common stock for the three months ended March 31, 2021 includes the effect of 610,000 Private Placement Units, which were issued in conjunction with the initial public offering on September 24, 2020.