Quarterly report pursuant to Section 13 or 15(d)

CONDENSED BALANCE SHEETS

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CONDENSED BALANCE SHEETS - USD ($)
Mar. 31, 2021
Dec. 31, 2020
Current assets    
Cash $ 954,334 $ 107,601
Prepaid expenses 615,637 0
Total Current Assets 1,569,971 107,601
Deferred offering costs 0 289,437
Marketable securities held in Trust Account 258,760,562 0
TOTAL ASSETS 260,330,533 397,038
Current liabilities:    
Accrued expenses 119,435 3,952
Accrued offering costs 55,212 222,038
Promissory note - related party 0 150,000
Total Current Liabilities 174,647 375,990
Warrant liability 14,078,750 0
Deferred underwriting fee payable 9,056,250 0
Total Liabilities 23,309,647 375,990
Commitments (Note 7)
Class A common stock subject to possible redemption 23,201,141 and no shares at redemption value at March 31, 2021 and December 31, 2020, respectively 232,020,878 0
Stockholders' Equity    
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding 0 0
Additional paid-in capital 5,315,813 24,353
Accumulated deficit (316,719) (3,952)
Total Stockholders' Equity 5,000,008 21,048
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 260,330,533 397,038
Class A Common Stock [Member]    
Stockholders' Equity    
Common stock 267 0
Class B Common Stock [Member]    
Stockholders' Equity    
Common stock $ 647 $ 647 [1]
[1] At December 31, 2020, included up to 843,750 shares subject to forfeiture if the over-allotment option was not exercised in full or in part by the underwriters (see Note 6).