Registration of securities issued in business combination transactions

CONDENSED BALANCE SHEETS

v3.21.1
CONDENSED BALANCE SHEETS - USD ($)
Mar. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Current assets      
Cash $ 2,382,560 $ 3,873,865 $ 2,238,275
Prepaid Income Taxes     27,140
Prepaid expenses 111,174 94,299 275,525
Total Current Assets 2,493,734 3,968,164 2,540,940
Marketable securities held in Trust Account 697,018,229 696,957,196 695,295,418
TOTAL ASSETS 699,511,963 700,925,360 697,836,358
Current liabilities      
Accounts payable and accrued expenses 745,986 635,483 257,466
Income taxes payable 98,700 95,302  
Convertible promissory note-related party 3,132,013 3,104,359  
Total Current Liabilities 3,976,699 3,835,144 257,466
Deferred income tax payable 0 976 9,657
Deferred underwriting fee payable 21,371,000 21,371,000 21,371,000
Derivative liabilities 85,044,413 128,339,190  
Total Liabilities 110,392,112 153,546,310 77,998,123
Commitments and Contingencies
Class A common stock subject to possible redemption, 57,909,708 and 53,712,502 shares at redemption value at as of March 31, 2021 and December 31, 2020, respectively 584,119,845 542,379,040 614,838,229
Stockholders' Equity      
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding
Additional paid-in capital 50,398,148 92,138,533 19,680,076
Accumulated deficit (45,400,976) (87,141,777) (14,682,592)
Total Stockholders' Equity 5,000,006 5,000,010 5,000,006
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 699,511,963 700,925,360 697,836,358
Class A Common Stock [Member]      
Stockholders' Equity      
Common stock value 1,109 1,529 797
Total Stockholders' Equity 1,109 1,529 797
Class B Common Stock [Member]      
Stockholders' Equity      
Common stock value 1,725 1,725 1,725
Total Stockholders' Equity $ 1,725 $ 1,725 $ 1,725