Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statement of Cash Flows

Condensed Consolidated Statement of Cash Flows
3 Months Ended
Mar. 31, 2021
USD ($)
Cash Flows from Operating Activities:  
Net loss $ 40,606,478
Adjustments to reconcile net loss to net cash used in operating activities:  
Unrealized gain on investments held in Trust Accounts (79,847)
Change in fair value of derivative warrant liability (41,818,550)
Changes in operating assets and liabilities:  
Prepaid expenses 81,360
Accounts payable 147,021
Accrued expenses 12,001
Due to related party (110)
Net cash used in operating activities (1,051,647)
Cash Flows from Investing Activities:  
Cash withdrawn from Trust Account 230,000
Net cash provided by investing activities 230,000
Net decrease in cash (821,647)
Cash—beginning of the period 1,694,679
Cash—end of the period 873,032
Supplemental disclosure of noncash investing and financing activities:  
Change in value of Class A ordinary shares subject to possible redemption $ (44,317,850)