| Summary of calculation of basic and diluted net income (loss) per ordinary share |
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Three Months Ended June 30, |
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Six Months Ended June 30, |
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2021 |
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2020 |
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2021 |
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2020 |
Redeemable ordinary shares |
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Numerator: Earnings allocable to Redeemable Ordinary Shares |
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Interest Income |
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$ |
6,389 |
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$ |
129,744 |
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$ |
30,338 |
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$ |
676,375 |
Net Earnings |
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$ |
6,389 |
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$ |
129,744 |
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$ |
30,338 |
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$ |
676,375 |
Denominator: Weighted Average Redeemable Ordinary Shares Redeemable Ordinary Shares, Basic and Diluted |
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13,800,000 |
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13,800,000 |
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13,800,000 |
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13,800,000 |
Earnings/Basic and Diluted Redeemable Ordinary Shares |
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$ |
— |
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$ |
0.01 |
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$ |
— |
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$ |
0.05 |
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Non-Redeemable Ordinary Shares |
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Numerator: Net (Loss) Income minus Redeemable Net Earnings |
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Net (Loss) Income |
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$ |
(12,312,374) |
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$ |
(1,301,788) |
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$ |
(11,284,061) |
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$ |
(9,894) |
Redeemable Net Earnings |
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(6,389) |
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(129,744) |
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(30,338) |
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(676,375) |
Non-Redeemable Net Income |
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$ |
(12,318,763) |
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$ |
(1,413,532) |
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$ |
(11,314,399) |
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$ |
(686,269) |
Denominator: Weighted Average Non-Redeemable Ordinary Shares Non-Redeemable Ordinary Shares, Basic and Diluted |
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3,600,000 |
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3,600,000 |
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3,600,000 |
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3,600,000 |
Loss/Basic and Diluted Non-Redeemable Ordinary Shares |
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$ |
(3.42) |
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$ |
(0.40) |
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$ |
(3.14) |
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$ |
(0.19) |
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