Annual report pursuant to Section 13 and 15(d)

BALANCE SHEETS

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BALANCE SHEETS - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Current Assets    
Cash $ 399,516 $ 1,083,611
Prepaid expenses 90,424 202,472
Prepaid income taxes 255,364 0
Total Current Assets 745,304 1,286,083
Deferred tax asset 0 1,361
Marketable securities held in Trust Account 318,041,728 316,958,514
TOTAL ASSETS 318,787,032 318,245,958
Current Liabilities    
Accounts payable and accrued expenses 2,157,963 181,732
Income taxes payable 0 94,636
Total Current Liabilities 2,157,963 276,368
Warrant liabilities 35,731,875 21,807,000
Deferred underwriting fee payable 11,068,750 11,068,750
Total Liabilities 48,958,588 33,152,118
Commitments and Contingencies (Note 8)
Class A common stock subject to possible redemption, 26,315,833 and 27,965,424 shares at redemption value as of December 31, 2020 and 2019, respectively 264,828,435 280,093,836
Stockholder's Equity    
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding 0  
Additional paid-in capital 27,475,941 12,210,705
Accumulated deficit (22,477,253) (7,211,857)
Total Stockholders' Equity 5,000,009 5,000,004
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 318,787,032 318,245,958
Class A Common stock    
Stockholder's Equity    
Common Stock 530 365
Total Stockholders' Equity 530 365
Class B Common Stock    
Stockholder's Equity    
Common Stock 791 791
Total Stockholders' Equity $ 791 $ 791