Condensed Statements of Cash Flows (Unaudited) - USD ($)
|
3 Months Ended |
Mar. 31, 2021 |
Mar. 31, 2020 |
| Cash Flows from Operating Activities: |
|
|
| Net (loss) income |
$ (1,472,407)
|
$ 333,179
|
| Adjustments to reconcile net (loss) income to net cash used in operating activities: |
|
|
| Interest earned on marketable securities held in Trust Account |
(319)
|
(418,597)
|
| Unrealized gain on marketable securities held in Trust Account |
|
(58,919)
|
| Change in fair value of warrant liability |
770,250
|
|
| Changes in operating assets and liabilities: |
|
|
| Prepaid expenses |
(43,500)
|
(62,633)
|
| Accounts payable and accrued expenses |
624,988
|
12,728
|
| Net cash used in operating activities |
(120,988)
|
(194,242)
|
| Cash Flows from Investing Activities: |
|
|
| Cash withdrawn from Trust Account for redemption of Ordinary Shares |
3,073
|
|
| Net cash provided by investing activities |
3,073
|
|
| Cash Flows from Financing Activities: |
|
|
| Redemption of ordinary shares |
3,073
|
|
| Net cash used in financing activities |
(3,073)
|
|
| Net Change in Cash |
(120,988)
|
(194,242)
|
| Cash – Beginning |
198,192
|
352,524
|
| Cash – Ending |
77,204
|
158,282
|
| Non-Cash Investing and Financing Activities: |
|
|
| Change in value of ordinary shares subject to possible redemption |
$ (1,475,478)
|
$ 333,179
|