CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) |
6 Months Ended | |
|---|---|---|
Jun. 30, 2021 |
Jun. 30, 2020 |
|
| Cash Flows from Operating Activities: | ||
| Net loss | $ (11,284,061) | $ (9,894) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Change in fair value of warrant liability | 8,877,600 | 411,000 |
| Interest earned on marketable securities held in Trust Account | (30,338) | (676,375) |
| Change in fair value of convertible promissory note - related party | 850,000 | |
| Changes in operating assets and liabilities: | ||
| Prepaid expenses and other current assets | 507 | (5,282) |
| Accounts payable and accrued expenses | 1,202,878 | (49,350) |
| Net cash used in operating activities | (383,414) | (329,901) |
| Net Change in Cash | (383,414) | (329,901) |
| Cash - Beginning | 624,830 | 712,062 |
| Cash - Ending | 241,416 | 382,161 |
| Non-Cash Investing and Financing Activities: | ||
| Change in value of ordinary shares subject to possible redemption | $ 7,313,510 | $ (9,900) |
| X | ||||||||||
- Definition The amount relates to change in fair value of convertible promissory note - related party. No definition available.
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- Definition The change in fair value of ordinary shares. No definition available.
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- References No definition available.
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- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes. No definition available.
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- Definition Amount of expense (income) related to adjustment to fair value of warrant liability. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The increase (decrease) during the reporting period in the amounts payable to vendors for goods and services received and the amount of obligations and expenses incurred but not paid. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Amount of increase (decrease) in prepaid expenses, and assets classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- References No definition available.
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- Definition Amount of income (expense) included in net income that results in no cash inflow (outflow), classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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