General form of registration statement for all companies including face-amount certificate companies

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.21.2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
11 Months Ended
Dec. 31, 2020
Summary of Significant Accounting Policies  
Schedule of operations includes a presentation of income (loss)

For the Period

from

January 24, 2020

(date of inception)

to December 31,

2020

    

      (As restated)

Net income available to Class A common stockholders:

  

Income on trust account

$

79,000

Less: Income and franchise taxes to the extent of income

 

(79,000)

Net income attributable to Class A common stockholders

$

Net income available to Class B common stockholders:

 

  

Net loss

$

(11,912,000)

Less: amount attributable to Class A common stockholders

 

Net (loss) attributable to Class B common stockholders

$

(11,912,000)