HPX (HPX) 10-K/A22 Dec 212020 FY Annual report (amended)Financial data

Company Profile

Document and Entity Information

Document and Entity Information - USD ($)	9 Months Ended
Document and Entity Information - USD ($)	Dec. 31, 2020	Dec. 20, 2021
Document Information [Line Items]
Document Type	10-K/A
Document Period End Date	Dec. 31, 2020
Document Transition Report	false
Entity Registrant Name	HPX Corp.
Entity File Number	001-39382
Entity Incorporation, State or Country Code	E9
Entity Tax Identification Number	98-1550444
Entity Address, Address Line One	1000 N. West Street, Suite 1200
Entity Address, City or Town	Wilmington
Entity Address State Or Province	DE
Entity Address, Postal Zip Code	19801
City Area Code	302
Local Phone Number	295-4929
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Shell Company	true
Entity Central Index Key	0001809353
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	FY
Amendment Flag	true
Document Annual Report	true
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Public Float	$ 253,506,000
Amendment Description	Amendment No. 2
Class A Ordinary Shares
Document Information [Line Items]
Title of 12(b) Security	Class A ordinary shares, par value$0.0001 per share
Trading Symbol	HPX
Security Exchange Name	NYSE
Entity Common Stock, Shares Outstanding		25,300,000
Class B Ordinary Shares
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		6,305,000
Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant
Document Information [Line Items]
Title of 12(b) Security	Units, each consisting of one Class Aordinary share and one-half of oneredeemable warrant
Trading Symbol	HPX.U
Security Exchange Name	NYSE
Redeemable warrants, each whole warrant exercisable for one Class A ordinary share
Document Information [Line Items]
Title of 12(b) Security	Redeemable warrants, each wholewarrant exercisable for one Class Aordinary share at an exercise price of $11.50
Trading Symbol	HPX WS
Security Exchange Name	NYSE

BALANCE SHEET

BALANCE SHEET	Dec. 31, 2020USD ($)
Current Assets
Cash	$ 1,132,050
Prepaid expenses	259,147
Total Current Assets	1,391,197
Marketable securities held in Trust Account	253,012,211
Total Assets	254,403,408
Current Liabilities
Accounts payable and accrued expenses	134,297
Accrued offering costs	159,880
Total Current Liabilities	294,177
Warranty liability	21,089,700
Deferred underwriting fee payable	8,855,000
Total Liabilities	30,238,877
Commitments
Class A ordinary shares subject to possible redemption, 25,300,000 shares at redemption value	253,012,211
Shareholders' Deficit
Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued and outstanding
Accumulated deficit	(28,848,313)
Total Shareholders' Deficit	(28,847,680)
Total Liabilities and Shareholders' Deficit	254,403,408
Class B Ordinary Shares
Shareholders' Deficit
Ordinary shares	$ 633

BALANCE SHEET (Parenthetical)

BALANCE SHEET (Parenthetical)	Dec. 31, 2020$ / sharesshares
Preference shares, Par or Stated Value Per Share \| $ / shares	$ 0.0001
Preference shares, Shares Authorized	5,000,000
Preference shares, Shares Issued	0
Preference shares, Shares Outstanding	0
Class A Ordinary Shares
Ordinary shares subject to possible redemption outstanding (in shares)	25,300,000
Ordinary shares, Par or Stated Value Per Share \| $ / shares	$ 0.0001
Ordinary shares, Shares Authorized	500,000,000
Ordinary shares, Shares Issued	0
Ordinary shares, Shares Outstanding	0
Class A ordinary shares subject to possible redemption
Ordinary shares subject to possible redemption outstanding (in shares)	25,300,000
Class B Ordinary Shares
Ordinary shares, Par or Stated Value Per Share \| $ / shares	$ 0.0001
Ordinary shares, Shares Authorized	50,000,000
Ordinary shares, Shares Issued	6,325,000
Ordinary shares, Shares Outstanding	6,325,000

STATEMENT OF OPERATIONS

STATEMENT OF OPERATIONS	9 Months Ended
STATEMENT OF OPERATIONS	Dec. 31, 2020USD ($)$ / sharesshares
Operating costs	$ 314,723
Loss from operations	(314,723)
Other expense:
Change in fair value of warrant liabilities	(7,884,000)
Transaction costs allocable to warrants	(497,297)
Interest income - bank	71
Interest earned on marketable securities held in Trust Account	12,211
Other expense, net	8,369,015
Net loss	$ (8,683,738)
Diluted net income (loss) per ordinary share \| $ / shares	$ (1.12)
Class A Ordinary Shares
Other expense:
Net loss	$ (6,254,519)
Basic weighted average shares outstanding \| shares	14,507,692
Diluted weighted average shares outstanding \| shares	14,507,692
Basic net income (loss) per ordinary share \| $ / shares	$ (0.43)
Diluted net income (loss) per ordinary share \| $ / shares	$ (0.43)
Class B Ordinary Shares
Other expense:
Net loss	$ (2,429,219)
Basic weighted average shares outstanding \| shares	5,634,703
Diluted weighted average shares outstanding \| shares	5,634,703
Basic net income (loss) per ordinary share \| $ / shares	$ (0.43)
Diluted net income (loss) per ordinary share \| $ / shares	$ (0.43)

STATEMENT OF CHANGES IN SHAREHO

STATEMENT OF CHANGES IN SHAREHOLDERS' DEFICIT - USD ($)	Common StockClass A Ordinary Shares	Common StockClass B Ordinary SharesSponsor	Common StockClass B Ordinary Shares	Additional Paid in CapitalSponsor	Additional Paid in Capital	Accumulated Deficit	Class A Ordinary Shares	Class B Ordinary Shares	Sponsor	Total
Beginning Balance at Mar. 19, 2020	$ 0		$ 0		$ 0	$ 0				$ 0
Beginning Balance (shares) at Mar. 19, 2020	0		0
Beginning Balance at Mar. 19, 2020	$ 0		$ 0		0	0				0
Beginning Balance (shares) at Mar. 19, 2020	0		0
STATEMENT OF CHANGES IN SHAREHOLDERS' DEFICIT
Issuance of Class B ordinary share		$ 633		$ 24,367					$ 25,000
Issuance of Class B ordinary share (shares)		6,325,000	1
Cancellation of Class B ordinary share			(1)
Proceeds received in excess of fair value of Private Placement Warrants					2,329,800					2,329,800
Initial remeasurement of Class A ordinary shares to redemption value					$ (2,354,167)	(20,152,364)				(22,506,531)
Subsequent remeasurement of Class A ordinary shares to redemption value - Trust interest						(12,211)				(12,211)
Net loss						(8,683,738)	$ (6,254,519)	$ (2,429,219)		(8,683,738)
Ending Balance at Dec. 31, 2020			$ 633			$ (28,848,313)				$ (28,847,680)
Ending Balance (shares) at Dec. 31, 2020			6,325,000				0	6,325,000

STATEMENT OF CASH FLOWS

STATEMENT OF CASH FLOWS	9 Months Ended
STATEMENT OF CASH FLOWS	Dec. 31, 2020USD ($)
Cash Flows from Operating Activities:
Net loss	$ (8,683,738)
Adjustments to reconcile net loss to net cash used in operating activities:
Change in fair value of warrant liabilities	7,884,000
Transaction costs allocable to warrants	497,297
Interest earned on marketable securities held in Trust Account	(12,211)
Changes in operating assets and liabilities:
Prepaid expenses	(259,147)
Accounts payable and accrued expenses	134,297
Net cash used in operating activities	(439,502)
Cash Flows from Investing Activities:
Investment of cash in Trust Account	(253,000,000)
Net cash used in investing activities	(253,000,000)
Cash Flows from Financing Activities:
Proceeds from issuance of Class B ordinary share to Sponsor	25,000
Proceeds from sale of Units, net of underwriting discounts paid	247,940,000
Proceeds from sale of Private Placement Warrants	7,060,000
Advances from related party	10,000
Repayment of advances from related party	(10,000)
Proceeds from promissory note - related party	300,000
Repayment of promissory note - related party	(300,000)
Payment of offering costs	453,448
Net cash provided by financing activities	254,571,552
Net Change in Cash	1,132,050
Cash - Ending	1,132,050
Non-Cash Investing and Financing Activities:
Initial remeasurement of Class A ordinary shares to redemption value	22,506,531
Subsequent remeasurement of Class A ordinary shares to redemption value - Trust interest	12,211
Deferred underwriting fee payable	8,855,000
Offering costs included in accrued offering costs	159,880
Private Placement
Cash Flows from Financing Activities:
Proceeds from sale of Private Placement Warrants	$ 7,060,000

DESCRIPTION OF ORGANIZATION AND

DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS	9 Months Ended
DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS	Dec. 31, 2020
DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS
DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS	NOTE 1. DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS HPX Corp. (the “Company”) is a newly incorporated blank check company incorporated as a Cayman Islands exempted company on March 20, 2020. The Company was formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or other similar business combination with one or more businesses (a “Business Combination”). Although the Company is not limited to a particular industry or sector for purposes of consummating a Business Combination, the Company intends to focus on businesses in Brazil. The Company is an early stage and emerging growth company and, as such, the Company is subject to all of the risks associated with early stage and emerging growth companies. As of December 31, 2020, the Company had not commenced any operations. All activity for the period from March 20, 2020 (inception) through December 31, 2020 relates to the Company’s formation, its initial public offering (“Initial Public Offering”), which is described below, and the search for a target company for a Business Combination. The Company will not generate any operating revenues until after the completion of a Business Combination, at the earliest. The Company will generate non-operating income in the form of interest income from the proceeds derived from the Initial Public Offering. The registration statements for the Company’s Initial Public Offering became effective on July 15, 2020. On July 20, 2020, the Company consummated the Initial Public Offering of 25,300,000 units (the “Units” and, with respect to the Class A ordinary shares included in the Units sold, the “Public Shares”), which includes the full exercise by the underwriter of the over-allotment option to purchase an additional 3,300,000 Units, at $10.00 per Unit, generating gross proceeds of $253,000,000 which is described in Note 4. Simultaneously with the closing of the Initial Public Offering, the Company consummated the sale of 7,060,000 warrants (the “Private Placement Warrants”) at a price of $1.00 per Private Placement Warrant in a private placement to HPX Capital Partners LLC, a Delaware limited liability company (the “Sponsor”), generating gross proceeds of $7,060,000, which is described in Note 5. Transaction costs amounted to $14,528,328, consisting of $5,060,000 of underwriting fees, $8,855,000 of deferred underwriting fees and $613,328 of other offering costs. Following the closing of the Initial Public Offering on July 20, 2020, an amount of $253,000,000 ($10.00 per Unit) from the net proceeds of the sale of the Units in the Initial Public Offering and the sale of the Private Placement Warrants was placed in a trust account (the “Trust Account”) located in the United States and invested in U.S. government securities, within the meaning set forth in Section 2(a)(16) of the Investment Company Act of 1940, as amended (the “Investment Company Act”), with a maturity of 185 days or less, or in any open-ended investment company that holds itself out as a money market fund meeting certain conditions of Rule 2a-7 of the Investment Company Act, as determined by the Company, until the earlier of: (i) the completion of a Business Combination and (ii) the distribution of the funds in the Trust Account to the Company’s shareholders, as described below. The Company’s management has broad discretion with respect to the specific application of the net proceeds of the Initial Public Offering and the sale of the Private Placement Warrants, although substantially all of the net proceeds are intended to be applied generally toward consummating a Business Combination. The New York Stock Exchange rules require that the Business Combination must be with one or more operating businesses or assets with a fair market value equal to at least 80% of the net assets held in the Trust Account (net of amounts disbursed to management for working capital purposes, if permitted, and excluding the amount of any deferred underwriting discount held in trust). The Company will only complete a Business Combination if the post-Business Combination company owns or acquires 50% or more of the issued and outstanding voting securities of the target or otherwise acquires a controlling interest in the target business sufficient for it not to be required to register as an investment company under the Investment Company Act. There is no assurance that the Company will be able to successfully effect a Business Combination. The Company will provide the holders of the public shares (the “Public Shareholders”) with the opportunity to redeem all or a portion of their public shares upon the completion of the Business Combination, either (i) in connection with a shareholder meeting called to approve the Business Combination or (ii) by means of a tender offer. The decision as to whether the Company will seek shareholder approval of a Business Combination or conduct a tender offer will be made by the Company, solely in its discretion. The Public Shareholders will be entitled to redeem their shares for a pro rata portion of the amount held in the Trust Account (initially $10.00 per share) as of two The Company will proceed with a Business Combination only if the Company has net tangible assets, after payment of the deferred underwriting commission, of at least $5,000,001 upon such completion of a Business Combination and, if the Company seeks shareholder approval, it receives an ordinary resolution under Cayman Islands law approving a Business Combination, which requires the affirmative vote of a majority of the shareholders who attend and vote at a general meeting of the Company. If a shareholder vote is not required and the Company does not decide to hold a shareholder vote for business or other legal reasons, the Company will, pursuant to its amended and restated memorandum and articles of association, conduct the redemptions pursuant to the tender offer rules of the Securities and Exchange Commission (“SEC”), and file tender offer documents containing substantially the same information as would be included in a proxy statement with the SEC prior to completing a Business Combination. If the Company seeks shareholder approval in connection with a Business Combination, the Sponsor and any other holders of the Company’s Class B ordinary shares prior to the Initial Public Offering (the “initial shareholders”) have agreed to vote their Founder Shares (as defined in Note 6) and any Public Shares purchased during or after the Initial Public Offering in favor of approving a Business Combination and to waive their redemption rights with respect to any such shares in connection with a shareholder vote to approve a Business Combination. Additionally, subject to the immediately succeeding paragraph, each Public Shareholder may elect to redeem their Public Shares, without voting, and if they do vote, irrespective of whether they vote for or against a proposed Business Combination. Notwithstanding the foregoing, if the Company seeks shareholder approval of the Business Combination and the Company does not conduct redemptions pursuant to the tender offer rules, a Public Shareholder, together with any affiliate of such shareholder or any other person with whom such shareholder is acting in concert or as a “group” (as defined under Section 13 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)), will be restricted from redeeming its shares with respect to more than 15% of the Public Shares without the Company’s prior written consent. The Sponsor has agreed (a) to waive its redemption rights with respect to any Founder Shares and Public Shares held by it in connection with the completion of a Business Combination (and not seek to sell its shares to the Company in any tender offer the Company undertakes in connection with its initial Business Combination) and (b) not to propose an amendment to the amended and restated memorandum of articles of association (i) to modify the substance or timing of the Company’s obligation to allow redemption in connection with the Company’s initial Business Combination or to redeem 100% of the Public Shares if the Company does not complete a Business Combination within the Combination Period (as defined below) or (ii) with respect to any other provision relating to shareholders’ rights or pre-initial business combination activity, unless the Company provides the Public Shareholders with the opportunity to redeem their Public Shares in conjunction with any such amendment. The Company will have until July 20, 2022 to consummate a Business Combination (the “Combination Period”). However, if the Company has not completed a Business Combination within the Combination Period, as may be extended from time to time by the Company as a result of a shareholder vote to amend its amended and restated memorandum and articles of association (the “Extension Period”), the Company will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but not more than ten business days thereafter, redeem the Public Shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest (less up to $100,000 of interest to pay dissolution expenses and which interest shall be net of taxes payable) divided by the number of the then-outstanding public shares, which redemption will completely extinguish the rights of the Public Shareholders as shareholders (including the right to receive further liquidation distributions, if any), subject to applicable law, and (iii) as promptly as reasonably possible following such redemption, subject to the approval of the Company’s remaining Public Shareholders and its board of directors, liquidate and dissolve, subject in each case to the Company’s obligations under Cayman Islands law to provide for claims of creditors and the requirements of other applicable law. There will be no redemption rights or liquidating distributions with respect to the Founder Shares or the Private Placement Warrants, which will expire worthless if the Company fails to complete a Business Combination within the Combination Period or any Extension Period. The Sponsor has agreed to waive its liquidation rights with respect to the Founder Shares if the Company fails to complete a Business Combination within the Combination Period or any Extension Period. However, if the Sponsor or any of its respective affiliates acquire Public Shares, such Public Shares will be entitled to liquidating distributions from the Trust Account if the Company fails to complete a Business Combination within the Combination Period or any Extension Period. The underwriter has agreed to waive its rights to its deferred underwriting commission (see Note 7) held in the Trust Account in the event the Company does not complete a Business Combination within the Combination Period or any Extension Period and, in such event, such amounts will be included with the other funds held in the Trust Account that will be available to fund the redemption of the Public Shares. In the event of such distribution, it is possible that the per share value of the assets remaining available for distribution will be less than the Initial Public Offering price per Unit ($10.00). In order to protect the amounts held in the Trust Account, the Sponsor has agreed that it will be liable to the Company if and to the extent any claims by a third party (other than the Company’s independent auditors) for services rendered or products sold to the Company, or a prospective target business with which the Company has discussed entering into a transaction agreement, reduce the amount of funds in the Trust Account to below (1) $10.00 per Public Share or (2) such lesser amount per Public Share held in the Trust Account as of the date of the liquidation of the Trust Account due to reductions in the value of trust assets, in each case net of the interest which may be withdrawn to pay taxes, except as to any claims by a third party who executed a waiver of any and all rights to seek access to the Trust Account and except as to any claims under the Company’s indemnity of the underwriter of the Initial Public Offering against certain liabilities, including liabilities under the Securities Act of 1933, as amended (the “Securities Act”). In the event that an executed waiver is deemed to be unenforceable against a third party, the Sponsor will not be responsible to the extent of any liability for such third-party claims. The Company will seek to reduce the possibility that the Sponsor will have to indemnify the Trust Account due to claims of creditors by endeavoring to have all vendors, service providers (other than the Company’s independent auditors), prospective target businesses or other entities with which the Company does business, execute agreements with the Company waiving any right, title, interest or claim of any kind in or to monies held in the Trust Account. Risks and Uncertainties Management continues to evaluate the impact of the COVID-19 pandemic and has concluded that while it is reasonably possible that the virus could have a negative effect on the Company’s financial position, results of its operations and/or search for a target company, the specific impact is not readily determinable as of the date of these financial statements. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

RESTATEMENTS OF PREVIOUSLY ISSU

RESTATEMENTS OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS	9 Months Ended
RESTATEMENTS OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS	Dec. 31, 2020
RESTATEMENTS OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS
RESTATEMENTS OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS	NOTE 2. RESTATEMENTS OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS Amendment No. 1 The Company previously accounted for its outstanding Public Warrants (as defined in Note 4) and Private Placement Warrants (collectively, with the Public Warrants, the “Warrants”) issued in connection with its Initial Public Offering as components of equity instead of as derivative liabilities. The warrant agreement governing the Warrants includes a provision that provides for potential changes to the settlement amounts dependent upon the characteristics of the holder of the warrant. In addition, the warrant agreement includes a provision that in the event of a tender offer or exchange offer made to and accepted by holders of more than 50% of the outstanding shares of a single class of share, all holders of the Warrants would be entitled to receive cash for their Warrants (the “tender offer provision”). On April 12, 2021, the staff of the Division of Corporation Finance of the Securities and Exchange Commission together issued a statement regarding the accounting and reporting considerations for warrants issued by special purpose acquisition companies entitled “Staff Statement on Accounting and Reporting Considerations for Warrants Issued by Special Purpose Acquisition Companies (“SPACs”)” (the “SEC Statement”). Specifically, the SEC Statement focused on certain settlement terms and provisions related to certain tender offers following a business combination, which terms are similar to those contained in the warrant agreement. In further consideration of the SEC Statement, the Company’s management further evaluated the Warrants under Accounting Standards Codification (“ASC”) Subtopic 815-40, Contracts in Entity’s Own Equity. ASC Section 815-40-15 addresses equity versus liability treatment and classification of equity-linked financial instruments, including warrants, and states that a warrant may be classified as a component of equity only if, among other things, the warrant is indexed to the issuer’s ordinary share. Under ASC Section 815-40-15, a warrant is not indexed to the issuer’s ordinary share if the terms of the warrant require an adjustment to the exercise price upon a specified event and that event is not an input to the fair value of the warrant. Based on management’s evaluation, the Company’s audit committee, in consultation with management, concluded that the Company’s Private Placement Warrants are not indexed to the Company’s ordinary shares in the manner contemplated by ASC Section 815-40-15 because the holder of the instrument is not an input into the pricing of a fixed-for-fixed option on equity shares. In addition, based on management’s evaluation, the Company’s audit committee, in consultation with management, concluded that the tender offer provision fails the “classified in shareholders’ equity” criteria as contemplated by ASC Section 815-40-25. As a result of the above, the Company should have classified the Warrants as derivative liabilities in its previously issued financial statements. Under this accounting treatment, the Company is required to measure the fair value of the Warrants at the end of each reporting period and recognize changes in the fair value from the prior period in the Company’s operating results for the current period. The Company’s accounting for the Warrants as components of equity instead of as derivative liabilities did not have any effect on the Company’s previously reported investments held in trust, operating expenses, cash flows or cash. The table below summarizes the effects of the above restatement (Amendment No. 1) on the financial statements for all periods being restated: As As Previously Restated on Reported on Form 10-K/A Form 10-K Adjustments (Amendment No. 1) Balance sheet as of July 20, 2020 (unaudited) Warrant Liability $ — $ 13,205,700 $ 13,205,700 Class A Ordinary Share Subject to Possible Redemption 240,551,310 (13,205,700) 227,345,610 Class A Ordinary Shares 124 133 257 Additional Paid-in Capital 5,004,605 497,164 5,501,769 Accumulated Deficit (5,353) (497,297) (502,650) Condensed Balance sheet as of September 30, 2020 (unaudited) Warrant Liability $ — $ 17,739,000 $ 17,739,000 Class A Ordinary Share Subject to Possible Redemption 240,454,383 (17,739,000) 222,715,383 Class A Ordinary Shares 126 177 303 Additional Paid-in Capital 5,101,530 (5,030,420) 10,131,950 (Accumulated Deficit) Retained Earnings (102,287) (5,030,597) (5,132,884) Balance sheet as of December 31, 2020 Warrant Liability $ — $ 21,089,700 $ 21,089,700 Class A Ordinary Share Subject to Possible Redemption 240,254,225 (21,089,700) 219,164,525 Class A Ordinary Shares 128 210 338 Additional Paid-in Capital 5,301,686 8,381,087 13,682,773 Accumulated Deficit (302,441) (8,381,297) (8,683,738) Condensed Statement of Operations for the Three Months September 30, 2020 (unaudited) Change in fair value of warrant liabilities $ — $ (4,533,300) $ (4,533,300) Transaction costs allocable to warrants — (497,297) (497,297) Net loss (97,094) (5,030,597) (5,127,691) Weighted average shares outstanding, Class A Ordinary Shares subject to possible redemption 24,055,131 (1,320,570) 22,734,561 Basic and diluted net income per share, Class A Ordinary Shares subject to possible redemption 0.00 — 0.00 Weighted average shares outstanding, Ordinary Shares 7,136,202 (197,136) 6,939,066 Basic and diluted net loss per share, Ordinary Shares (0.01) (0.73) (0.74) Condensed Statement of Operations for the Period from March 20, 2020 (inception) to September 30, 2020 (unaudited) Change in fair value of warrant liabilities $ — $ (4,533,300) $ (4,533,300) Transaction costs allocable to warrants — (497,297) (497,297) Net loss (102,287) (5,030,597) (5,132,884) Weighted average shares outstanding, Class A Ordinary Shares subject to possible redemption 24,055,131 (1,320,570) 22,734,561 Basic and diluted net income per share, Class A Ordinary Shares subject to possible redemption 0.00 — 0.00 Weighted average shares outstanding, Ordinary Shares 6,395,746 543,320 6,939,066 Basic and diluted net loss per share, Ordinary Shares (0.02) (0.72) (0.74) Statement of Operations for the Period from March 20, 2020 (inception) to December 31, 2020 Change in fair value of warrant liabilities $ — $ (7,884,000) $ (7,884,000) Transaction costs allocable to warrants — (497,297) (497,297) Net loss (302,441) (8,381,297) (8,683,738) Weighted average shares outstanding, Class A Ordinary Shares subject to possible redemption 24,049,383 (1,574,854) 22,474,529 Basic and diluted net income per share, Class A Ordinary Shares subject to possible redemption 0.00 — 0.00 Weighted average shares outstanding, Ordinary Shares 6,803,844 967,236 7,771,170 Basic and diluted net loss per share, Ordinary Shares (0.05) (1.07) (1.12) Condensed Cash Flow Statement for the Period from March 20, 2020 (inception) to September 30, 2020 (unaudited) Net loss $ (102,287) $ (5,030,597) $ (5,132,884) Change in fair value of warrant liabilities — 4,533,300 4,533,300 Transaction costs allocable to warrants — 497,297 497,297 Initial classification of Class A Ordinary Shares subject to possible redemption 240,551,310 (13,205,700) 227,345,610 Change in value of Class A Ordinary Shares subject to possible redemption (96,927) (4,533,300) (4,630,227) Cash Flow Statement for the Period from March 20, 2020 (inception) to December 31, 2020 Net loss $ (302,441) $ (8,381,297) $ (8,683,738) Change in fair value of warrant liabilities — (7,884,000) (7,884,000) Transaction costs allocable to warrants — (497,297) (497,297) Initial classification of Class A Ordinary Shares subject to possible redemption 240,551,310 (13,205,700) 227,345,610 Change in value of Class A Ordinary Shares subject to possible redemption (297,085) (7,884,000) (8,181,085) Amendment No. 2 The Company concluded it should restate its previously issued financial statements by amending Amendment No. 1 to its Annual Report on Form 10-K/A, filed with the SEC on July 1, 2021, to classify all Class A ordinary shares subject to possible redemption in temporary equity. In accordance with ASC 480, paragraph 10-S99, redemption provisions not solely within the control of the Company require ordinary shares subject to redemption to be classified outside of permanent equity. The Company had previously classified a portion of its Class A ordinary shares in permanent equity, or total shareholders’ equity. Although the Company did not specify a maximum redemption threshold, its charter currently provides that the Company will not redeem its Public Shares in an amount that would cause its net tangible assets to be less than $5,000,001. The Company determined, at the closing of the Company’s Initial Public Offering, it had improperly valued its Class A ordinary shares subject to possible redemption. The Company previously determined the Class A ordinary shares subject to possible redemption to be equal to the redemption value of $10.00 per Class A ordinary share while also taking into consideration a redemption cannot result in net tangible assets being less than $5,000,001. Management determined that the Class A ordinary shares issued during the Initial Public Offering can be redeemed or become redeemable subject to the occurrence of future events considered outside the Company’s control. Therefore, management concluded that the redemption value should include all Class A ordinary shares subject to possible redemption, resulting in the Class A ordinary shares subject to possible redemption being equal to their redemption value. Also, in connection with the change in presentation for the Class A ordinary shares subject to possible redemption, the Company also revised its earnings per share calculation to allocate income and losses shared pro rata between the two classes of ordinary shares. This presentation contemplates a Business Combination as the most likely outcome, in which case, both classes of ordinary shares share pro rata in the income and losses of the Company. As a result, the Company restated its previously filed financial statements to present all redeemable Class A ordinary shares as temporary equity and to recognize remeasurement from the initial book value to redemption value at the time of its Initial Public Offering and in accordance with ASC 480. The Company’s previously filed financial statements that contained the error were initially reported in the Company’s Form 8-K filed with the SEC on July 20, 2020 (the “Post-IPO Balance Sheet”), Quarterly Report on Form 10-Q for the period ended September 30, 2020 and the Company's Annual Report on 10-K for the annual period ended December 31, 2020, which were previously restated in the Company's Amendment No. 1 to its Form 10-K as filed with the SEC on July 1, 2021, as well as the Form 10-Qs for the quarterly periods ended March 31, 2021 and June 30, 2021 (the “Affected Periods”). These financial statements restate the Company’s previously issued audited financial statements covering the periods through December 31, 2020. The Company’s unaudited financial statements for the quarterly periods ended March 31, 2021 and June 30, 2021 were restated in the Company’s Form 10-Q for the quarterly period ended September 30, 2021, filed with the SEC on November 18, 2021. The Company’s accounting for certain class A ordinary shares subject to possible redemption as permanent equity did not have any effect on the Company’s previously reported investments held in trust, operating expenses, cash flows or cash. The table below summarizes the effects of the above restatement (Amendment No. 2) on the financial statements for all periods being restated: As Previously Restated on Form 10/-K/A Balance Sheet as of July 20, 2020 (unaudited) Amendment No. 1 Adjustment As Restated Class A Ordinary Shares subject to possible redemption $ 227,345,610 $ 25,654,390 $ 253,000,000 Class A Ordinary Shares $ 257 $ (257) $ — Additional paid-in capital $ 5,501,769 $ (5,501,769) $ — Accumulated deficit $ (502,650) $ (20,152,364) $ (20,655,014) Total Shareholders’ Equity (Deficit) $ 5,000,009 $ (25,654,390) $ (20,654,381) Number of Ordinary shares subject to possible redemption 22,734,561 2,565,439 25,300,000 Condensed Balance Sheet as of September 30, 2020 (Unaudited) Class A Ordinary Shares subject to possible redemption $ 222,715,383 $ 30,290,450 $ 253,005,833 Class A Ordinary Shares $ 303 $ (303) $ — Additional paid-in capital $ 10,131,950 $ (10,131,950) $ — Accumulated deficit $ (5,132,884) $ (20,158,197) $ (25,291,081) Total Shareholders’ Equity (Deficit) $ 5,000,002 $ (30,290,450) $ (25,290,448) Number of Ordinary shares Subject to possible redemption 22,271,025 3,028,975 25,300,000 Balance Sheet as of December 31, 2020 Class A Ordinary Shares subject to possible redemption $ 219,164,525 $ 33,847,686 $ 253,012,211 Class A Ordinary Shares $ 338 $ (338) $ — Additional paid-in capital $ 13,682,773 $ (13,682,773) $ — Accumulated deficit $ (8,683,738) $ (20,164,575) $ (28,848,313) Total Shareholders’ Equity (Deficit) $ 5,000,006 $ (33,847,686) $ (28,847,680) Number of Ordinary shares Subject to possible redemption 21,915,395 3,384,605 25,300,000 Condensed Statement of Operations for the Three Months ended September 30, 2020 (Unaudited) Weighted average shares outstanding, Class A ordinary shares $ 22,734,561 (2,934,561) 19,800,000 Basic and diluted net loss per ordinary share, Class A ordinary shares — (0.20) (0.20) Weighted average shares outstanding, Class B ordinary shares $ 6,939,066 (777,109) 6,161,957 Basic and diluted net income (loss) per ordinary share, Class B ordinary shares (0.74) 0.54 (0.20) Condensed Statement of Operations for the Period from March 20, 2020 (Inception) to September 30, 2020 (Unaudited) Weighted average shares outstanding, Class A ordinary shares 22,734,561 $ (13,344,870) 9,389,691 Basic and diluted net loss per ordinary share, Class A ordinary shares $ — $ (0.35) $ (0.35) Weighted average shares outstanding, Class B ordinary shares 6,939,066 $ (1,631,721) 5,307,345 Basic and diluted net income (loss) per ordinary share, Class B ordinary shares $ (0.74) $ 0.39 $ (0.35) Statement of Operations for the Period from March 20, 2020 (Inception) to December 31, 2020 Weighted average shares outstanding, Class A ordinary shares 22,474,529 (7,966,837) 14,507,692 Basic and diluted net loss per ordinary share, Class A ordinary shares $ — $ (0.43) $ (0.43) Weighted average shares outstanding, Class B ordinary shares 7,771,170 (2,136,467) 5,634,703 Basic and diluted net income (loss) per ordinary share, Class B ordinary shares $ (1.12) $ 0.69 $ (0.43) Condensed Statement of Changes in Shareholders’ Equity (Deficit) for the Three months ended September 30, 2020 (Unaudited) Sale of 25,300,000 Units, net of underwriting discounts, offering costs and warrant liability $ 230,493,469 (230,493,469) — Class A ordinary shares subject to possible redemption $ (222,715,383) 222,715,383 — Initial remeasurement of Class A ordinary share subject to redemption amount $ — $ 22,506,531 $ 22,506,531 Subsequent remeasurement of Class A ordinary share subject to redemption amount-Trust interest — $ 5,833 $ 5,833 Total shareholders’ equity (deficit) $ 5,000,002 $ (30,290,450) $ (25,290,448) Statement of Changes in Shareholders’ Equity (Deficit) for the Period from March 20, 2020 (Inception) to December 31, 2020 Class A ordinary shares subject to possible redemption $ 219,164,525 $ (219,164,525) — Initial remeasurement of Class A ordinary share subject to redemption amount $ — $ 22,506,531 $ 22,506,531 Subsequent remeasurement of Class A ordinary share subject to redemption amount-Trust interest — $ 12,211 $ 12,211 Total shareholders’ equity (deficit) $ 5,000,006 (33,847,686) (28,847,680) Condensed Statement of Cash Flows for the Period from March 20, 2020 (inception) to September 30, 2020 (Unaudited) Change in value of Class A ordinary Shares ordinary shares subject to possible redemption $ (4,630,227) $ 4,630,227 $ — Initial remeasurement of Class A ordinary share subject to redemption amount $ — $ 22,506,531 $ 22,506,531 Subsequent remeasurement of Class A ordinary share subject to redemption amount-Trust interest $ — $ 5,833 $ 5,833 Statement of Cash Flows for the Period from March 20, 2020 (Inception) to December 31, 2020 Change in value of Class A ordinary Shares ordinary shares subject to possible redemption $ (8,181,085) $ 8,181,085 $ — Initial remeasurement of Class A ordinary share subject to redemption amount $ — $ 22,506,531 $ 22,506,531 Subsequent remeasurement of Class A ordinary share subject to redemption amount-Trust interest $ — $ 12,211 $ 12,211

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	Dec. 31, 2020
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying financial statements are presented in conformity with accounting principles generally accepted in the United States of America (“GAAP”) and pursuant to the rules and regulations of the SEC. Emerging Growth Company The Company is an “emerging growth company,” as defined in Section 2(a) of the Securities Act, as modified by the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”), and it may take advantage of certain exemptions from various reporting requirements that are applicable to other public companies that are not emerging growth companies including, but not limited to, not being required to comply with the independent registered public accounting firm attestation requirements of Section 404 of the Sarbanes-Oxley Act of 2002, reduced disclosure obligations regarding executive compensation in its periodic reports and proxy statements, and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and shareholder approval of any golden parachute payments not previously approved. Further, Section 102(b)(1) of the JOBS Act exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that have not had a Securities Act registration statement declared effective or do not have a class of securities registered under the Exchange Act) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that a company can elect to opt out of the extended transition period and comply with the requirements that apply to non-emerging growth companies but any such election to opt out is irrevocable. The Company has elected not to opt out of such extended transition period which means that when a standard is issued or revised and it has different application dates for public or private companies, the Company, as an emerging growth company, can adopt the new or revised standard at the time private companies adopt the new or revised standard. This may make comparison of the Company’s financial statements with another public company which is neither an emerging growth company nor an emerging growth company which has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used. Use of Estimates The preparation of the financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. Accordingly, the actual results could differ significantly from those estimates. Cash and Cash Equivalents The Company considers all short-term investments with an original maturity of three months or less when purchased to be cash equivalents. The Company did not have any cash equivalents as of December 31, 2020. Marketable Securities Held in Trust Account At December 31, 2020, substantially all of the assets held in the Trust Account were held in money market funds which invest U.S. Treasury securities. Warrant Liability We account for the Warrants in accordance with the guidance contained in ASC 815-40 under which the Warrants do not meet the criteria for equity treatment and must be recorded as liabilities. Accordingly, we classify the Warrants as liabilities at their fair value and adjust the Warrants to fair value at each reporting period. This liability is subject to re-measurement at each balance sheet date until exercised, and any change in fair value is recognized in our statement of operations. The Warrants for periods where no observable traded price was available are valued using a binomial lattice simulation. For periods subsequent to the detachment of the Public Warrants from the Units, the Public Warrant quoted market price was used as the fair value as of each relevant date. Class A Ordinary Shares Subject to Possible Redemption (As Restated – See Note 2) The Company accounts for its Class A ordinary shares subject to possible redemption in accordance with the guidance in Accounting Standards Codification (“ASC”) Topic 480, “Distinguishing Liabilities from Equity.” Class A ordinary shares subject to mandatory redemption are classified as a liability instrument and are measured at fair value. Conditionally redeemable ordinary shares (including ordinary shares that feature redemption rights that are either within the control of the holder or subject to redemption upon the occurrence of uncertain events not solely within the Company’s control) are classified as temporary equity. At all other times, ordinary shares are classified as shareholders’ equity. The Company’s Class A ordinary shares feature certain redemption rights that are considered to be outside of the Company’s control and subject to occurrence of uncertain future events. Accordingly, all Class A ordinary shares subject to possible redemption are presented at redemption value as temporary equity outside of the shareholders’ deficit section of the Company’s balance sheet. The Company recognizes changes in redemption value immediately as they occur and adjusts the carrying value of redeemable ordinary shares to equal the redemption value at the end of each reporting period. Immediately upon the closing of the Initial Public Offering, the Company recognized the remeasurement from initial book value to initial redemption amount value. The change in the carrying value of redeemable Class A ordinary shares resulted in charges against additional paid-in capital and accumulated deficit, as applicable. At December 31, 2020, the Class A ordinary shares reflected in the balance sheet are reconciled in the following table: Gross proceeds $ 253,000,000 Less: Proceeds allocated to Public Warrants (8,475,500) Class A ordinary shares issuance costs (14,031,031) (22,506,531) Plus: Initial remeasurement of carrying value to redemption value 22,506,531 Subsequent remeasurement of carrying value to redemption value - Trust interest 12,211 Total remeasurement of carrying value to redemption value 22,518,742 Class A ordinary shares subject to possible redemption, December 31, 2020 $ 253,012,211 Income Taxes The Company accounts for income taxes under ASC 740, “Income Taxes” (“ASC 740”). ASC 740 requires the recognition of deferred tax assets and liabilities for both the expected impact of differences between the financial statements and tax basis of assets and liabilities and for the expected future tax benefit to be derived from tax loss and tax credit carry forwards. ASC 740 additionally requires a valuation allowance to be established when it is more likely than not that all or a portion of deferred tax assets will not be realized. ASC 740 also clarifies the accounting for uncertainty in income taxes recognized in an enterprise’s financial statements and prescribes a recognition threshold and measurement process for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more-likely-than-not to be sustained upon examination by taxing authorities. The Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense. There were no unrecognized tax benefits and no amounts accrued for interest and penalties as of December 31, 2020. The Company is currently not aware of any issues under review that could result in significant payments, accruals or material deviation from its position. The Company is subject to income tax examinations by major taxing authorities since inception. The Company is considered an exempted Cayman Islands Company and is presently not subject to income taxes or income tax filing requirements in the Cayman Islands or the United States. As such, the Company’s tax provision was zero for the period presented. Net Loss Per Ordinary Share (As Restated – See Note 2) The Company complies with accounting and disclosure requirements of FASB ASC Topic 260, “Earnings Per Share”. The Company has two classes of shares, which are referred to as Class A ordinary shares and Class B ordinary shares. Income and losses are shared pro rata between the two classes of shares. Net income (loss) per ordinary share is computed by dividing net income (loss) by the weighted average number of ordinary shares outstanding for the period. Remeasurement associated with the redeemable Class A ordinary shares is excluded from income (loss) per ordinary share as the redemption value approximates fair value. The calculation of diluted income (loss) per ordinary share does not consider the effect of the Warrants issued in connection with the (i) Initial Public Offering, and (ii) the private placement since the exercise of the Warrants is contingent upon the occurrence of future events. The Warrants are exercisable to purchase 19,710,000 Class A ordinary shares in the aggregate. As of December 31, 2020, the Company did not have any dilutive securities or other contracts that could, potentially, be exercised or converted into ordinary shares and then share in the earnings of the Company. As a result, diluted net income (loss) per ordinary share is the same as basic net income (loss) per ordinary share for the periods presented. March 20, 2020 (Inception) Through December 31, 2020 As Restated-See Note 2 Class A Class B Basic and diluted net loss per ordinary share Numerator: Allocation of net loss $ (6,254,519) $ (2,429,219) Denominator: Basic and diluted weighted average shares outstanding 14,507,692 5,634,703 Basic and diluted net loss per ordinary share $ (0.43) $ (0.43) Concentration of Credit Risk Financial instruments that potentially subject the Company to concentrations of credit risk consist of a cash account in a financial institution which, at times may exceed the Federal Depository Insurance Coverage of $250,000. The Company has not experienced losses on this account and management believes the Company is not exposed to significant risks on such account. Fair Value of Financial Instruments The fair value of the Company’s assets and liabilities, which qualify as financial instruments under ASC Topic 820, “Fair Value Measurement,” approximates the carrying amounts represented in the accompanying financial statements, primarily due to their short-term nature, except for the Warrants (see Note 10). Recent Accounting Standards In August 2020, the FASB issued ASU No. 2020-06, “Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging—Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity” (“ASU 2020-06”), which simplifies accounting for convertible instruments by removing major separation models required under current GAAP. ASU 2020-06 removes certain settlement conditions that are required for equity contracts to qualify for the derivative scope exception and it also simplifies the diluted earnings per share calculation in certain areas. ASU 2020-06 is effective for fiscal years beginning after December 15, 2023, including interim periods within those fiscal years, with early adoption permitted. The Company is currently assessing the impact, if any, that ASU 2020-06 would have on its financial position, results of operations or cash flows. Management does not believe that any other recently issued, but not yet effective, accounting standards, if currently adopted, would have a material effect on the accompanying financial statements.

INITIAL PUBLIC OFFERING

INITIAL PUBLIC OFFERING	9 Months Ended
INITIAL PUBLIC OFFERING	Dec. 31, 2020
INITIAL PUBLIC OFFERING.
INITIAL PUBLIC OFFERING	NOTE 4. INITIAL PUBLIC OFFERING Pursuant to the Initial Public Offering on July 20, 2020, the Company sold 25,300,000 Units, which includes the full exercise by the underwriter of its option to purchase an additional 3,300,000 Units, at a purchase price of $10.00 per Unit. Each Unit consists of one Class A ordinary share and one- half

PRIVATE PLACEMENT

PRIVATE PLACEMENT	9 Months Ended
PRIVATE PLACEMENT	Dec. 31, 2020
PRIVATE PLACEMENT.
PRIVATE PLACEMENT	NOTE 5. PRIVATE PLACEMENT Simultaneously with the closing of the Initial Public Offering, the Sponsor purchased an aggregate of 7,060,000 Private Placement Warrants at a price of $1.00 per Private Placement Warrant from the Company in a private placement, for an aggregate purchase price of $7,060,000. Each Private Placement Warrant is exercisable for one Class A ordinary share at a price of $11.50 per share, subject to adjustment (see Note 9). Proceeds from the sale of the Private Placement Warrants were added to the net proceeds from the Initial Public Offering held in the Trust Account. If the Company does not complete a Business Combination within the Combination Period or any Extension Period, the proceeds from the sale of the Private Placement Warrants held in the Trust Account will be used to fund the redemption of the Public Shares (subject to the requirements of applicable law) and the Private Placement Warrants will expire worthless.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	9 Months Ended
RELATED PARTY TRANSACTIONS	Dec. 31, 2020
RELATED PARTY TRANSACTIONS
RELATED PARTY TRANSACTIONS	NOTE 6. RELATED PARTY TRANSACTIONS Founder Shares On April 8, 2020, the Sponsor purchased 5,750,000 of the Company’s Class B ordinary shares (the “Founder Shares”) for an aggregate consideration of $25,000. On June 25, 2020, the Sponsor transferred 20,000 Founder Shares to each of its independent director nominees at their original per-share purchase price. On July 15, 2020, the Company effected a share capitalization resulting in the initial shareholders holding an aggregate of 6,325,000 Founder Shares. All share and per-share amounts have been retroactively rested to reflect the share capitalization. The Founder Shares included an aggregate of up to 825,000 shares subject to forfeiture by the Sponsor depending on the extent to which the underwriter’s over-allotment option was exercised, so that the Founder Shares would equal 20% of the Company’s issued and outstanding shares after the Initial Public Offering. As a result of the underwriter’s election to fully exercise its over-allotment option on July 16, 2020, no Founder Shares are currently subject to forfeiture. The Sponsor has agreed, subject to limited exceptions, not to transfer, assign or sell any of its Founder Shares until the earlier of: (A) one year after the completion of a Business Combination and (B) subsequent to a Business Combination, (x) if the last reported sale price of the Class A ordinary shares equals or exceeds $12.00 per share (as adjusted for share sub-divisions, share dividends, rights issuances, consolidations, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after a Business Combination, or (y) the date on which the Company completes a liquidation, merger, amalgamation, share exchange, reorganization or other similar transaction that results in all of the Company’s shareholders having the right to exchange their Class A ordinary shares for cash, securities or other property. Administrative Services Agreement The Company entered into an agreement whereby, commencing on July 16, 2020, the Company will pay the Sponsor up to $10,000 per month for office space, administrative and support services. Upon completion of a Business Combination or its liquidation, the Company will cease paying these monthly fees. For the period from March 20, 2020 (inception) through December 31, 2020, the Company incurred $55,000 in fees for these services, of which such amount is included within accounts payable and accrued expenses on the balance sheet. Advances – Related Party The Sponsor advanced the Company an aggregate of $10,000 to cover expenses related to the Initial Public Offering. The advances were non-interest bearing and due on demand. The outstanding advances of $10,000 were repaid in full on June 25, 2020. Promissory Note — Related Party On April 8, 2020, the Company issued an unsecured promissory note (the “Promissory Note”) to the Sponsor, pursuant to which the Company may borrow up to an aggregate principal amount of $300,000. The Promissory Note was non-interest bearing and payable on the earlier of (i) December 31, 2020 and (ii) the completion of the Initial Public Offering. The outstanding balance under the Promissory Note of $300,000 was repaid in full at the closing of the Initial Public Offering on July 20, 2020. Related Party Loans In order to finance transaction costs in connection with a Business Combination, the Sponsor or an affiliate of the Sponsor, or certain of the Company’s officers and directors may, but are not obligated to, loan the Company funds as may be required (“Working Capital Loans”). Such Working Capital Loans would be evidenced by promissory notes. The notes may be repaid upon completion of a Business Combination, without interest, or, at the lender’s discretion, up to $1,500,000 of notes may be converted upon completion of a Business Combination into warrants at a price of $1.00 per warrant. Such warrants would be identical to the Private Placement Warrants. In the event that a Business Combination does not close, the Company may use a portion of proceeds held outside the Trust Account to repay the Working Capital Loans but no proceeds held in the Trust Account would be used to repay the Working Capital Loans.

COMMITMENTS

COMMITMENTS	9 Months Ended
COMMITMENTS	Dec. 31, 2020
COMMITMENTS
COMMITMENTS	NOTE 7. COMMITMENTS Registration Rights Pursuant to a registration rights agreement entered into on July 15, 2020, the holders of the Founder Shares, Private Placement Warrants and any warrants that may be issued on conversion of Working Capital Loans (and any Class A Ordinary Shares issuable upon the exercise of the Private Placement Warrants or warrants issued upon conversion of the Working Capital Loans and upon conversion of the Founder Shares) are entitled to registration rights requiring the Company to register such securities for resale (in the case of the Founder Shares, only after conversion to the Company’s Class A Ordinary Shares). The holders of these securities will be entitled to make up to three demands, excluding short form registration demands, that the Company register such securities. In addition, the holders have certain “piggy-back” registration rights with respect to registration statements filed subsequent to the completion of a Business Combination and rights to require the Company to register for resale such securities pursuant to Rule 415 under the Securities Act. However, the registration rights agreement provides that the Company will not be required to effect or permit any registration or cause any registration statement to become effective until termination of the applicable lock-up period. The Company will bear the expenses incurred in connection with the filing of any such registration statements. Underwriting Agreement The underwriter is entitled to a deferred fee of $0.35 per Unit, or $8,855,000 in the aggregate. The deferred fee will become payable to the underwriter from the amounts held in the Trust Account solely in the event that the Company completes a Business Combination, subject to the terms of the underwriting agreement. Of such deferred fee amount, up to approximately $0.175 per Unit, or up to $4,427,500, may be paid to third parties not participating in the Initial Public Offering (but who are members of FINRA or regulated broker-dealers) that assist the Company in consummating a Business Combination. The election to make such payments to third parties will be solely at the discretion of the Company’s management team, and such third parties will be selected by the Company’s management team in its sole and absolute discretion. Consulting Arrangements The Company has arrangements with a consultant to provide services to the Company relating to market and industry analyses, assistance with due diligence, and financial modeling and valuation of a potential targets. The Company agreed to pay the service provider a fee of 6,600 BRL per month (approximately $1,200 per month). For the period from March 20, 2020 (inception) through December 31, 2020, the Company incurred and paid $3,300 of consulting fees.

SHAREHOLDERS' DEFICIT

SHAREHOLDERS' DEFICIT	9 Months Ended
SHAREHOLDERS' DEFICIT	Dec. 31, 2020
SHAREHOLDERS' DEFICIT
SHAREHOLDERS' DEFICIT	NOTE 8. SHAREHOLDERS’ DEFICIT Preference Shares issued Class A Ordinary Shares issued Class B Ordinary Shares issued Holders of Class A ordinary shares and holders of Class B ordinary shares will vote together as a single class on all matters submitted to a vote of our shareholders except as otherwise required by law. The Class B Shares will automatically convert into Class A ordinary shares on the first business day following the completion of the Business Combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment. In the case that additional Class A ordinary shares, or equity-linked securities, are issued or deemed issued in excess of the amounts issued in the Initial Public Offering and related to the closing of a Business Combination, the ratio at which Founder Shares will convert into Class A ordinary shares will be adjusted (subject to waiver by holders of a majority of the Class B ordinary shares) so that the number of Class A ordinary shares issuable upon conversion of all Founder Shares will equal, in the aggregate, on an as-converted basis, 20% of the sum of the ordinary shares issued and outstanding upon completion of the Initial Public Offering plus the number of Class A ordinary shares and equity-linked securities issued or deemed issued in connection with a Business Combination (net of redemptions), excluding any Class A ordinary shares or equity-linked securities issued, or to be issued, to any seller in a Business Combination.

WARRANTS

WARRANTS	9 Months Ended
WARRANTS	Dec. 31, 2020
WARRANTS
WARRANTS	NOTE 9. WARRANTS Public Warrants may only be exercised for a whole number of shares. No fractional shares will be issued upon exercise of the Public Warrants. The Public Warrants will become exercisable on the later of (a) 30 days after the completion of a Business Combination and (b) 12 months from the closing of the Initial Public Offering. The Public Warrants will expire five years from the completion of a Business Combination or earlier upon redemption or liquidation. The Company will not be obligated to deliver any Class A ordinary shares pursuant to the exercise of a Public Warrant and will have no obligation to settle such Public Warrant exercise unless a registration statement under the Securities Act covering the issuance of the Class A ordinary shares issuable upon exercise of the Public Warrants is then effective and a prospectus relating thereto is current, subject to the Company satisfying its obligations with respect to registration. No Public Warrant will be exercisable for cash or on a cashless basis, and the Company will not be obligated to issue any shares to holders seeking to exercise their Public Warrants, unless the issuance of the shares upon such exercise is registered or qualified under the securities laws of the state of the exercising holder, or an exemption from registration is available. The Company has agreed that as soon as practicable, but in no event later than 15 business days, after the closing of a Business Combination, it will use its commercially reasonable efforts to file with the SEC a registration statement registering the issuance, under the Securities Act, of the Class A ordinary shares issuable upon exercise of the Public Warrants. The Company will use it commercially reasonable efforts to cause the same to become effective within 60 business days after the closing of the Business Combination and to maintain the effectiveness of such registration statement, and a current prospectus relating thereto, until the expiration of the Public Warrants in accordance with the provisions of the warrant agreement. Notwithstanding the above, if the Class A ordinary shares are, at the time of any exercise of a Public Warrant, not listed on a national securities exchange such that they satisfy the definition of a “covered security” under Section 18(b)(1) of the Securities Act, the Company may, at its option, require holders of Public Warrants who exercise their Public Warrants to do so on a “cashless basis” in accordance with Section 3(a)(9) of the Securities Act and, in the event the Company so elects, the Company will not be required to file or maintain in effect a registration statement, but will use its commercially reasonable efforts to qualify the shares under applicable blue sky laws to the extent an exemption is not available. Redemption of warrants when the price per Class A ordinary share equals or exceeds $18.00 ● in whole and not in part; ● at a price of $0.01 per Public Warrant; ● upon not less than 30 days’ prior written notice of redemption to each warrant holder; and ● if, and only if, the reported last sale price of the Class A ordinary shares for any 20 trading days within a 30 - trading day period ending on the third trading day prior to the date on which the Company sends the notice of redemption to the warrant holders (the “Reference Value”) equals or exceeds $18.00 per share (as adjusted). Redemption of warrants when the price per Class A ordinary share equals or exceeds $10.00 ● in whole and not in part; ● at $0.10 per warrant upon a minimum of 30 days’ prior written notice of redemption provided that holders will be able to exercise their warrants on a cashless basis prior to redemption and receive that number of shares, based on the redemption date and the fair market value of the Class A ordinary shares; ● if, and only if, the Reference Value equals or exceeds $10.00 per share (as adjusted); and ● if the Reference Value is less than $18.00 per share (as adjusted), the Private Placement Warrants must also be concurrently called for redemption on the same terms as the outstanding Public Warrants, as described above. If and when the Public Warrants become redeemable by the Company, the Company may exercise its redemption right even if it is unable to register or qualify the underlying securities for sale under all applicable state securities laws. The exercise price and number of ordinary shares issuable upon exercise of the Public Warrants may be adjusted in certain circumstances including in the event of a share dividend, extraordinary dividend or recapitalization, reorganization, merger or consolidation. However, except as described below, the Public Warrants will not be adjusted for issuances of ordinary shares at a price below its exercise price. Additionally, in no event will the Company be required to net cash settle the Public Warrants. If the Company is unable to complete a Business Combination within the Combination Period or any Extension Period and the Company liquidates the funds held in the Trust Account, holders of Public Warrants will not receive any of such funds with respect to their Public Warrants, nor will they receive any distribution from the Company’s assets held outside of the Trust Account with respect to such Public Warrants. Accordingly, the Public Warrants may expire worthless. In addition, if (x) the Company issues additional Class A ordinary shares or equity-linked securities for capital raising purposes in connection with the closing of a Business Combination at an issue price or effective issue price of less than $9.20 per Class A ordinary share (with such issue price or effective issue price to be determined in good faith by the Company’s board of directors, and in the case of any such issuance to the Sponsor or its affiliates, without taking into account any Founder Shares held by the Sponsor or such affiliates, as applicable, prior to such issuance) (the “Newly Issued Price”), (y) the aggregate gross proceeds from such issuances represent more than 60% of the total equity proceeds, and interest thereon, available for the funding of a Business Combination on the date of the completion of a Business Combination (net of redemptions), and (z) the volume weighted average trading price of the Company’s ordinary shares during the 20 trading day period starting on the trading day prior to the day on which the Company consummates a Business Combination (such price, the “Market Value”) is below $9.20 per share, the exercise price of the Public Warrants will be adjusted (to the nearest cent) to be equal to 115% of the higher of the Market Value and the Newly Issued Price, the $18.00 per share redemption trigger price described above will be adjusted (to the nearest cent) to be equal to 180% of the higher of the Market Value and the Newly Issued Price, and the $10.00 per share redemption trigger price described above will be adjusted (to the nearest cent) to be equal to the higher of the Market Value and the Newly Issued Price. The Private Placement Warrants are identical to the Public Warrants underlying the Units sold in the Initial Public Offering, except that the Private Placement Warrants and the Class A ordinary shares issuable upon the exercise of the Private Placement Warrants will not be transferable, assignable or salable until 30 days after the completion of a Business Combination, subject to certain limited exceptions. Additionally, the Private Placement Warrants will be exercisable on a cashless basis and be non-redeemable, except as described above, so long as they are held by the initial purchasers or their permitted transferees. If the Private Placement Warrants are held by someone other than the initial purchasers or their permitted transferees, the Private Placement Warrants will be redeemable by the Company and exercisable by such holders on the same basis as the Public Warrants.

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	9 Months Ended
FAIR VALUE MEASUREMENTS	Dec. 31, 2020
FAIR VALUE MEASUREMENTS
FAIR VALUE MEASUREMENTS	NOTE 10. FAIR VALUE MEASUREMENTS The Company follows the guidance in ASC Topic 820 for its financial assets and liabilities that are re-measured and reported at fair value at each reporting period, and non-financial assets and liabilities that are re-measured and reported at fair value at least annually. The fair value of the Company’s financial assets and liabilities reflects management’s estimate of amounts that the Company would have received in connection with the sale of the assets or paid in connection with the transfer of the liabilities in an orderly transaction between market participants at the measurement date. In connection with measuring the fair value of its assets and liabilities, the Company seeks to maximize the use of observable inputs (market data obtained from independent sources) and to minimize the use of unobservable inputs (internal assumptions about how market participants would price assets and liabilities). The following fair value hierarchy is used to classify assets and liabilities based on the observable inputs and unobservable inputs used in order to value the assets and liabilities: Level 1: Quoted prices in active markets for identical assets or liabilities. An active market for an asset or liability is a market in which transactions for the asset or liability occur with sufficient frequency and volume to provide pricing information on an ongoing basis. Level 2: Observable inputs other than Level 1 inputs. Examples of Level 2 inputs include quoted prices in active markets for similar assets or liabilities and quoted prices for identical assets or liabilities in markets that are not active. Level 3: Unobservable inputs based on our assessment of the assumptions that market participants would use in pricing the asset or liability. The following table presents information about the Company’s assets and liabilities that are measured at fair value on a recurring basis at December 31, 2020, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value: December 31, Description Level 2020 Assets: Cash and marketable securities held in Trust Account 1 $ 253,012,211 Liabilities: Warrant Liability - Public Warrants 1 13,535,500 Warrant Liability - Private Placement Warrants 3 7,554,200 The Warrants were accounted for as liabilities in accordance with ASC 815-40. The warrant liabilities are measured at fair value at inception and on a recurring basis, with changes in fair value presented in the consolidated statement of operations. The Warrants were valued using a binomial lattice model, which is considered to be a Level 3 fair value measurement. The binomial lattice model’s primary unobservable input utilized in determining the fair value of the Warrants is the expected volatility of the ordinary shares. The expected volatility as of the Initial Public Offering date was derived from observable public warrant pricing on comparable ‘blank-check’ companies without an identified target. The expected volatility as of subsequent valuation dates was implied from the Company’s own Public Warrant pricing. For periods subsequent to the detachment of the Public Warrants from the Units, the close price of the Public Warrant price was used as the fair value of the Warrants as of each relevant date. The estimated fair value of the Warrants was determined based upon the following significant inputs: July 20, 2020 (Initial December Measurement) 31, 2020 Exercise price $ 11.50 $ 11.50 Stock price $ 9.66 $ 10.02 Volatility 13.9 % 17.5 % Term 5.00 5.00 Risk-free rate 0.32 % 0.35 % Dividend yield 0.0 % 0.00 % The following table presents the changes in the fair value of Level 3 warrant liabilities: Private Placement Public Warrant Liabilities Fair value as of March 20, 2020 (inception) $ — $ — $ — Initial measurement on July 20, 2020 (Initial Public Offering) 4,730,200 8,475,500 13,205,700 Change in fair value 2,824,000 2,909,500 5,733,500 Transfers out of Level 3 — (11,385,000) (11,385,000) Fair value as of December 31, 2020 $ 7,554,200 $ — $ 7,554,200 There were transfers out of Level 3 to Level 1 in the fair value hierarchy during the period from March 20, 2020 (inception) through December 31, 2020 for the Public Warrants. The Public Warrants began publicly trading on September 8, 2020, which prompted the transfer out of Level 3 of $11,385,000 on September 30, 2020.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
SUBSEQUENT EVENTS	Dec. 31, 2020
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS	NOTE 11. SUBSEQUENT EVENTS The Company evaluated subsequent events and transactions that occurred after the balance sheet date up to the date that the financial statements were issued. Based upon this review, the Company did not identify any subsequent events that would have required adjustment or disclosure in the financial statements.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	Dec. 31, 2020
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Basis of Presentation	Basis of Presentation The accompanying financial statements are presented in conformity with accounting principles generally accepted in the United States of America (“GAAP”) and pursuant to the rules and regulations of the SEC.
Emerging Growth Company	Emerging Growth Company The Company is an “emerging growth company,” as defined in Section 2(a) of the Securities Act, as modified by the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”), and it may take advantage of certain exemptions from various reporting requirements that are applicable to other public companies that are not emerging growth companies including, but not limited to, not being required to comply with the independent registered public accounting firm attestation requirements of Section 404 of the Sarbanes-Oxley Act of 2002, reduced disclosure obligations regarding executive compensation in its periodic reports and proxy statements, and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and shareholder approval of any golden parachute payments not previously approved. Further, Section 102(b)(1) of the JOBS Act exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that have not had a Securities Act registration statement declared effective or do not have a class of securities registered under the Exchange Act) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that a company can elect to opt out of the extended transition period and comply with the requirements that apply to non-emerging growth companies but any such election to opt out is irrevocable. The Company has elected not to opt out of such extended transition period which means that when a standard is issued or revised and it has different application dates for public or private companies, the Company, as an emerging growth company, can adopt the new or revised standard at the time private companies adopt the new or revised standard. This may make comparison of the Company’s financial statements with another public company which is neither an emerging growth company nor an emerging growth company which has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used.
Use of Estimates	Use of Estimates The preparation of the financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. Accordingly, the actual results could differ significantly from those estimates.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all short-term investments with an original maturity of three months or less when purchased to be cash equivalents. The Company did not have any cash equivalents as of December 31, 2020.
Marketable Securities Held in Trust Account	Marketable Securities Held in Trust Account At December 31, 2020, substantially all of the assets held in the Trust Account were held in money market funds which invest U.S. Treasury securities.
Warrant Liabilities	Warrant Liability We account for the Warrants in accordance with the guidance contained in ASC 815-40 under which the Warrants do not meet the criteria for equity treatment and must be recorded as liabilities. Accordingly, we classify the Warrants as liabilities at their fair value and adjust the Warrants to fair value at each reporting period. This liability is subject to re-measurement at each balance sheet date until exercised, and any change in fair value is recognized in our statement of operations. The Warrants for periods where no observable traded price was available are valued using a binomial lattice simulation. For periods subsequent to the detachment of the Public Warrants from the Units, the Public Warrant quoted market price was used as the fair value as of each relevant date.
Class A Ordinary Shares Subject to Possible Redemption (As Restated - See Note 2)	Class A Ordinary Shares Subject to Possible Redemption (As Restated – See Note 2) The Company accounts for its Class A ordinary shares subject to possible redemption in accordance with the guidance in Accounting Standards Codification (“ASC”) Topic 480, “Distinguishing Liabilities from Equity.” Class A ordinary shares subject to mandatory redemption are classified as a liability instrument and are measured at fair value. Conditionally redeemable ordinary shares (including ordinary shares that feature redemption rights that are either within the control of the holder or subject to redemption upon the occurrence of uncertain events not solely within the Company’s control) are classified as temporary equity. At all other times, ordinary shares are classified as shareholders’ equity. The Company’s Class A ordinary shares feature certain redemption rights that are considered to be outside of the Company’s control and subject to occurrence of uncertain future events. Accordingly, all Class A ordinary shares subject to possible redemption are presented at redemption value as temporary equity outside of the shareholders’ deficit section of the Company’s balance sheet. The Company recognizes changes in redemption value immediately as they occur and adjusts the carrying value of redeemable ordinary shares to equal the redemption value at the end of each reporting period. Immediately upon the closing of the Initial Public Offering, the Company recognized the remeasurement from initial book value to initial redemption amount value. The change in the carrying value of redeemable Class A ordinary shares resulted in charges against additional paid-in capital and accumulated deficit, as applicable. At December 31, 2020, the Class A ordinary shares reflected in the balance sheet are reconciled in the following table: Gross proceeds $ 253,000,000 Less: Proceeds allocated to Public Warrants (8,475,500) Class A ordinary shares issuance costs (14,031,031) (22,506,531) Plus: Initial remeasurement of carrying value to redemption value 22,506,531 Subsequent remeasurement of carrying value to redemption value - Trust interest 12,211 Total remeasurement of carrying value to redemption value 22,518,742 Class A ordinary shares subject to possible redemption, December 31, 2020 $ 253,012,211
Income Taxes	Income Taxes The Company accounts for income taxes under ASC 740, “Income Taxes” (“ASC 740”). ASC 740 requires the recognition of deferred tax assets and liabilities for both the expected impact of differences between the financial statements and tax basis of assets and liabilities and for the expected future tax benefit to be derived from tax loss and tax credit carry forwards. ASC 740 additionally requires a valuation allowance to be established when it is more likely than not that all or a portion of deferred tax assets will not be realized. ASC 740 also clarifies the accounting for uncertainty in income taxes recognized in an enterprise’s financial statements and prescribes a recognition threshold and measurement process for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more-likely-than-not to be sustained upon examination by taxing authorities. The Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense. There were no unrecognized tax benefits and no amounts accrued for interest and penalties as of December 31, 2020. The Company is currently not aware of any issues under review that could result in significant payments, accruals or material deviation from its position. The Company is subject to income tax examinations by major taxing authorities since inception. The Company is considered an exempted Cayman Islands Company and is presently not subject to income taxes or income tax filing requirements in the Cayman Islands or the United States. As such, the Company’s tax provision was zero for the period presented.
Net Loss Per Ordinary Share (As Restated - See Note 2)	Net Loss Per Ordinary Share (As Restated – See Note 2) The Company complies with accounting and disclosure requirements of FASB ASC Topic 260, “Earnings Per Share”. The Company has two classes of shares, which are referred to as Class A ordinary shares and Class B ordinary shares. Income and losses are shared pro rata between the two classes of shares. Net income (loss) per ordinary share is computed by dividing net income (loss) by the weighted average number of ordinary shares outstanding for the period. Remeasurement associated with the redeemable Class A ordinary shares is excluded from income (loss) per ordinary share as the redemption value approximates fair value. The calculation of diluted income (loss) per ordinary share does not consider the effect of the Warrants issued in connection with the (i) Initial Public Offering, and (ii) the private placement since the exercise of the Warrants is contingent upon the occurrence of future events. The Warrants are exercisable to purchase 19,710,000 Class A ordinary shares in the aggregate. As of December 31, 2020, the Company did not have any dilutive securities or other contracts that could, potentially, be exercised or converted into ordinary shares and then share in the earnings of the Company. As a result, diluted net income (loss) per ordinary share is the same as basic net income (loss) per ordinary share for the periods presented. March 20, 2020 (Inception) Through December 31, 2020 As Restated-See Note 2 Class A Class B Basic and diluted net loss per ordinary share Numerator: Allocation of net loss $ (6,254,519) $ (2,429,219) Denominator: Basic and diluted weighted average shares outstanding 14,507,692 5,634,703 Basic and diluted net loss per ordinary share $ (0.43) $ (0.43)
Concentration of Credit Risk	Concentration of Credit Risk Financial instruments that potentially subject the Company to concentrations of credit risk consist of a cash account in a financial institution which, at times may exceed the Federal Depository Insurance Coverage of $250,000. The Company has not experienced losses on this account and management believes the Company is not exposed to significant risks on such account.
Fair Value of Financial Instruments	Fair Value of Financial Instruments The fair value of the Company’s assets and liabilities, which qualify as financial instruments under ASC Topic 820, “Fair Value Measurement,” approximates the carrying amounts represented in the accompanying financial statements, primarily due to their short-term nature, except for the Warrants (see Note 10).
Recent Accounting Standards	Recent Accounting Standards In August 2020, the FASB issued ASU No. 2020-06, “Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging—Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity” (“ASU 2020-06”), which simplifies accounting for convertible instruments by removing major separation models required under current GAAP. ASU 2020-06 removes certain settlement conditions that are required for equity contracts to qualify for the derivative scope exception and it also simplifies the diluted earnings per share calculation in certain areas. ASU 2020-06 is effective for fiscal years beginning after December 15, 2023, including interim periods within those fiscal years, with early adoption permitted. The Company is currently assessing the impact, if any, that ASU 2020-06 would have on its financial position, results of operations or cash flows. Management does not believe that any other recently issued, but not yet effective, accounting standards, if currently adopted, would have a material effect on the accompanying financial statements.

RESTATEMENTS OF PREVIOUSLY IS_2

RESTATEMENTS OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS (Tables)	9 Months Ended
	Dec. 31, 2020
RESTATEMENTS OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS
Summary of impact on restatement of previously issued financial statements	The table below summarizes the effects of the above restatement (Amendment No. 1) on the financial statements for all periods being restated: As As Previously Restated on Reported on Form 10-K/A Form 10-K Adjustments (Amendment No. 1) Balance sheet as of July 20, 2020 (unaudited) Warrant Liability $ — $ 13,205,700 $ 13,205,700 Class A Ordinary Share Subject to Possible Redemption 240,551,310 (13,205,700) 227,345,610 Class A Ordinary Shares 124 133 257 Additional Paid-in Capital 5,004,605 497,164 5,501,769 Accumulated Deficit (5,353) (497,297) (502,650) Condensed Balance sheet as of September 30, 2020 (unaudited) Warrant Liability $ — $ 17,739,000 $ 17,739,000 Class A Ordinary Share Subject to Possible Redemption 240,454,383 (17,739,000) 222,715,383 Class A Ordinary Shares 126 177 303 Additional Paid-in Capital 5,101,530 (5,030,420) 10,131,950 (Accumulated Deficit) Retained Earnings (102,287) (5,030,597) (5,132,884) Balance sheet as of December 31, 2020 Warrant Liability $ — $ 21,089,700 $ 21,089,700 Class A Ordinary Share Subject to Possible Redemption 240,254,225 (21,089,700) 219,164,525 Class A Ordinary Shares 128 210 338 Additional Paid-in Capital 5,301,686 8,381,087 13,682,773 Accumulated Deficit (302,441) (8,381,297) (8,683,738) Condensed Statement of Operations for the Three Months September 30, 2020 (unaudited) Change in fair value of warrant liabilities $ — $ (4,533,300) $ (4,533,300) Transaction costs allocable to warrants — (497,297) (497,297) Net loss (97,094) (5,030,597) (5,127,691) Weighted average shares outstanding, Class A Ordinary Shares subject to possible redemption 24,055,131 (1,320,570) 22,734,561 Basic and diluted net income per share, Class A Ordinary Shares subject to possible redemption 0.00 — 0.00 Weighted average shares outstanding, Ordinary Shares 7,136,202 (197,136) 6,939,066 Basic and diluted net loss per share, Ordinary Shares (0.01) (0.73) (0.74) Condensed Statement of Operations for the Period from March 20, 2020 (inception) to September 30, 2020 (unaudited) Change in fair value of warrant liabilities $ — $ (4,533,300) $ (4,533,300) Transaction costs allocable to warrants — (497,297) (497,297) Net loss (102,287) (5,030,597) (5,132,884) Weighted average shares outstanding, Class A Ordinary Shares subject to possible redemption 24,055,131 (1,320,570) 22,734,561 Basic and diluted net income per share, Class A Ordinary Shares subject to possible redemption 0.00 — 0.00 Weighted average shares outstanding, Ordinary Shares 6,395,746 543,320 6,939,066 Basic and diluted net loss per share, Ordinary Shares (0.02) (0.72) (0.74) Statement of Operations for the Period from March 20, 2020 (inception) to December 31, 2020 Change in fair value of warrant liabilities $ — $ (7,884,000) $ (7,884,000) Transaction costs allocable to warrants — (497,297) (497,297) Net loss (302,441) (8,381,297) (8,683,738) Weighted average shares outstanding, Class A Ordinary Shares subject to possible redemption 24,049,383 (1,574,854) 22,474,529 Basic and diluted net income per share, Class A Ordinary Shares subject to possible redemption 0.00 — 0.00 Weighted average shares outstanding, Ordinary Shares 6,803,844 967,236 7,771,170 Basic and diluted net loss per share, Ordinary Shares (0.05) (1.07) (1.12) Condensed Cash Flow Statement for the Period from March 20, 2020 (inception) to September 30, 2020 (unaudited) Net loss $ (102,287) $ (5,030,597) $ (5,132,884) Change in fair value of warrant liabilities — 4,533,300 4,533,300 Transaction costs allocable to warrants — 497,297 497,297 Initial classification of Class A Ordinary Shares subject to possible redemption 240,551,310 (13,205,700) 227,345,610 Change in value of Class A Ordinary Shares subject to possible redemption (96,927) (4,533,300) (4,630,227) Cash Flow Statement for the Period from March 20, 2020 (inception) to December 31, 2020 Net loss $ (302,441) $ (8,381,297) $ (8,683,738) Change in fair value of warrant liabilities — (7,884,000) (7,884,000) Transaction costs allocable to warrants — (497,297) (497,297) Initial classification of Class A Ordinary Shares subject to possible redemption 240,551,310 (13,205,700) 227,345,610 Change in value of Class A Ordinary Shares subject to possible redemption (297,085) (7,884,000) (8,181,085) The table below summarizes the effects of the above restatement (Amendment No. 2) on the financial statements for all periods being restated: As Previously Restated on Form 10/-K/A Balance Sheet as of July 20, 2020 (unaudited) Amendment No. 1 Adjustment As Restated Class A Ordinary Shares subject to possible redemption $ 227,345,610 $ 25,654,390 $ 253,000,000 Class A Ordinary Shares $ 257 $ (257) $ — Additional paid-in capital $ 5,501,769 $ (5,501,769) $ — Accumulated deficit $ (502,650) $ (20,152,364) $ (20,655,014) Total Shareholders’ Equity (Deficit) $ 5,000,009 $ (25,654,390) $ (20,654,381) Number of Ordinary shares subject to possible redemption 22,734,561 2,565,439 25,300,000 Condensed Balance Sheet as of September 30, 2020 (Unaudited) Class A Ordinary Shares subject to possible redemption $ 222,715,383 $ 30,290,450 $ 253,005,833 Class A Ordinary Shares $ 303 $ (303) $ — Additional paid-in capital $ 10,131,950 $ (10,131,950) $ — Accumulated deficit $ (5,132,884) $ (20,158,197) $ (25,291,081) Total Shareholders’ Equity (Deficit) $ 5,000,002 $ (30,290,450) $ (25,290,448) Number of Ordinary shares Subject to possible redemption 22,271,025 3,028,975 25,300,000 Balance Sheet as of December 31, 2020 Class A Ordinary Shares subject to possible redemption $ 219,164,525 $ 33,847,686 $ 253,012,211 Class A Ordinary Shares $ 338 $ (338) $ — Additional paid-in capital $ 13,682,773 $ (13,682,773) $ — Accumulated deficit $ (8,683,738) $ (20,164,575) $ (28,848,313) Total Shareholders’ Equity (Deficit) $ 5,000,006 $ (33,847,686) $ (28,847,680) Number of Ordinary shares Subject to possible redemption 21,915,395 3,384,605 25,300,000 Condensed Statement of Operations for the Three Months ended September 30, 2020 (Unaudited) Weighted average shares outstanding, Class A ordinary shares $ 22,734,561 (2,934,561) 19,800,000 Basic and diluted net loss per ordinary share, Class A ordinary shares — (0.20) (0.20) Weighted average shares outstanding, Class B ordinary shares $ 6,939,066 (777,109) 6,161,957 Basic and diluted net income (loss) per ordinary share, Class B ordinary shares (0.74) 0.54 (0.20) Condensed Statement of Operations for the Period from March 20, 2020 (Inception) to September 30, 2020 (Unaudited) Weighted average shares outstanding, Class A ordinary shares 22,734,561 $ (13,344,870) 9,389,691 Basic and diluted net loss per ordinary share, Class A ordinary shares $ — $ (0.35) $ (0.35) Weighted average shares outstanding, Class B ordinary shares 6,939,066 $ (1,631,721) 5,307,345 Basic and diluted net income (loss) per ordinary share, Class B ordinary shares $ (0.74) $ 0.39 $ (0.35) Statement of Operations for the Period from March 20, 2020 (Inception) to December 31, 2020 Weighted average shares outstanding, Class A ordinary shares 22,474,529 (7,966,837) 14,507,692 Basic and diluted net loss per ordinary share, Class A ordinary shares $ — $ (0.43) $ (0.43) Weighted average shares outstanding, Class B ordinary shares 7,771,170 (2,136,467) 5,634,703 Basic and diluted net income (loss) per ordinary share, Class B ordinary shares $ (1.12) $ 0.69 $ (0.43) Condensed Statement of Changes in Shareholders’ Equity (Deficit) for the Three months ended September 30, 2020 (Unaudited) Sale of 25,300,000 Units, net of underwriting discounts, offering costs and warrant liability $ 230,493,469 (230,493,469) — Class A ordinary shares subject to possible redemption $ (222,715,383) 222,715,383 — Initial remeasurement of Class A ordinary share subject to redemption amount $ — $ 22,506,531 $ 22,506,531 Subsequent remeasurement of Class A ordinary share subject to redemption amount-Trust interest — $ 5,833 $ 5,833 Total shareholders’ equity (deficit) $ 5,000,002 $ (30,290,450) $ (25,290,448) Statement of Changes in Shareholders’ Equity (Deficit) for the Period from March 20, 2020 (Inception) to December 31, 2020 Class A ordinary shares subject to possible redemption $ 219,164,525 $ (219,164,525) — Initial remeasurement of Class A ordinary share subject to redemption amount $ — $ 22,506,531 $ 22,506,531 Subsequent remeasurement of Class A ordinary share subject to redemption amount-Trust interest — $ 12,211 $ 12,211 Total shareholders’ equity (deficit) $ 5,000,006 (33,847,686) (28,847,680) Condensed Statement of Cash Flows for the Period from March 20, 2020 (inception) to September 30, 2020 (Unaudited) Change in value of Class A ordinary Shares ordinary shares subject to possible redemption $ (4,630,227) $ 4,630,227 $ — Initial remeasurement of Class A ordinary share subject to redemption amount $ — $ 22,506,531 $ 22,506,531 Subsequent remeasurement of Class A ordinary share subject to redemption amount-Trust interest $ — $ 5,833 $ 5,833 Statement of Cash Flows for the Period from March 20, 2020 (Inception) to December 31, 2020 Change in value of Class A ordinary Shares ordinary shares subject to possible redemption $ (8,181,085) $ 8,181,085 $ — Initial remeasurement of Class A ordinary share subject to redemption amount $ — $ 22,506,531 $ 22,506,531 Subsequent remeasurement of Class A ordinary share subject to redemption amount-Trust interest $ — $ 12,211 $ 12,211

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	9 Months Ended
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	Dec. 31, 2020
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Schedule of basic and diluted loss per ordinary share	At December 31, 2020, the Class A ordinary shares reflected in the balance sheet are reconciled in the following table: Gross proceeds $ 253,000,000 Less: Proceeds allocated to Public Warrants (8,475,500) Class A ordinary shares issuance costs (14,031,031) (22,506,531) Plus: Initial remeasurement of carrying value to redemption value 22,506,531 Subsequent remeasurement of carrying value to redemption value - Trust interest 12,211 Total remeasurement of carrying value to redemption value 22,518,742 Class A ordinary shares subject to possible redemption, December 31, 2020 $ 253,012,211
Summary of reconciliation of Class A common stock subject to possible redemption	March 20, 2020 (Inception) Through December 31, 2020 As Restated-See Note 2 Class A Class B Basic and diluted net loss per ordinary share Numerator: Allocation of net loss $ (6,254,519) $ (2,429,219) Denominator: Basic and diluted weighted average shares outstanding 14,507,692 5,634,703 Basic and diluted net loss per ordinary share $ (0.43) $ (0.43)

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	9 Months Ended
FAIR VALUE MEASUREMENTS (Tables)	Dec. 31, 2020
FAIR VALUE MEASUREMENTS
Schedule of financial assets that are measured at fair value on a recurring basis	The following table presents information about the Company’s assets and liabilities that are measured at fair value on a recurring basis at December 31, 2020, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value: December 31, Description Level 2020 Assets: Cash and marketable securities held in Trust Account 1 $ 253,012,211 Liabilities: Warrant Liability - Public Warrants 1 13,535,500 Warrant Liability - Private Placement Warrants 3 7,554,200
Schedule of quantitative information regarding Level 3 fair value measurements inputs	The estimated fair value of the Warrants was determined based upon the following significant inputs: July 20, 2020 (Initial December Measurement) 31, 2020 Exercise price $ 11.50 $ 11.50 Stock price $ 9.66 $ 10.02 Volatility 13.9 % 17.5 % Term 5.00 5.00 Risk-free rate 0.32 % 0.35 % Dividend yield 0.0 % 0.00 %
Schedule of changes in the fair value of Level 3 warrant liabilities	The following table presents the changes in the fair value of Level 3 warrant liabilities: Private Placement Public Warrant Liabilities Fair value as of March 20, 2020 (inception) $ — $ — $ — Initial measurement on July 20, 2020 (Initial Public Offering) 4,730,200 8,475,500 13,205,700 Change in fair value 2,824,000 2,909,500 5,733,500 Transfers out of Level 3 — (11,385,000) (11,385,000) Fair value as of December 31, 2020 $ 7,554,200 $ — $ 7,554,200

DESCRIPTION OF ORGANIZATION A_2

DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS (Details)	Jul. 20, 2020USD ($)$ / sharesshares	Sep. 30, 2021shares	Dec. 31, 2020USD ($)D$ / sharesshares
Subsidiary, Sale of Stock [Line Items]
Number of units issued (in shares) \| shares		25,300,000
Proceeds from issuance of warrants			$ 7,060,000
Offering proceeds held in trust account	$ 253,000,000
Threshold percentage of outstanding voting securities of the target to be acquired by post-transaction company to complete business combination			50.00%
Redemption of shares calculated based on business days prior to consummation of business combination (in days)			2 days
Minimum net tangible assets to be held to proceed with the Business Combination			$ 5,000,001
Threshold percentage of Public Shares subject to redemption without the Company's prior written consent			15.00%
Obligation to redeem Public Shares if entity does not complete a Business Combination (as a percent)			100.00%
Threshold business days for redemption of public shares \| D			10
Maximum net interest to pay dissolution expenses			$ 100,000
Threshold minimum aggregate fair market value as a percentage of the net assets held in the Trust Account			80.00%
Initial Public Offering
Subsidiary, Sale of Stock [Line Items]
Number of units issued (in shares) \| shares	25,300,000
Unit price \| $ / shares	$ 10
Proceeds from issuance of units	$ 253,000,000
Transaction costs			$ 14,528,328
Underwriting fees			5,060,000
Deferred underwriting fees			8,855,000
Other offering costs			$ 613,328
Over-allotment option
Subsidiary, Sale of Stock [Line Items]
Number of units issued (in shares) \| shares	3,300,000
Private Placement
Subsidiary, Sale of Stock [Line Items]
Number of warrants issued (in shares) \| shares			7,060,000
Price of warrants \| $ / shares			$ 1
Proceeds from issuance of warrants			$ 7,060,000

RESTATEMENTS OF PREVIOUSLY IS_3

RESTATEMENTS OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS - Restatement of warrants as derivative liabilities - Condensed Statement of Operations (Details) - USD ($)	3 Months Ended	6 Months Ended	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2020	Dec. 31, 2020
Statement of Operations
Change in fair value of warrant liabilities			$ (7,884,000)
Transaction costs allocable to warrants			(497,297)
Allocation of net income			$ (8,683,738)
Diluted net income per share, Class A ordinary shares subject to redemption	$ 0	$ 0	$ 0
Diluted net income (loss) per ordinary share	$ (0.74)	$ (0.74)	$ (1.12)
Class A Ordinary Shares
Statement of Operations
Allocation of net income			$ (6,254,519)
Basic net income (loss) per ordinary share			$ (0.43)
Diluted net income (loss) per ordinary share			$ (0.43)
Class B Ordinary Shares
Statement of Operations
Allocation of net income			$ (2,429,219)
Basic net income (loss) per ordinary share			$ (0.43)
Diluted net income (loss) per ordinary share			$ (0.43)
Restatement of warrants as derivative liabilities
Statement of Operations
Change in fair value of warrant liabilities	$ (4,533,300)	$ (4,533,300)	$ (7,884,000)
Transaction costs allocable to warrants	(497,297)	(497,297)	(497,297)
Allocation of net income	$ (5,127,691)	$ (5,132,884)	$ (8,683,738)
Weighted average shares outstanding, Class A Ordinary Shares subject to possible redemption	22,734,561	22,734,561	22,474,529
Basic net income per share, Class A ordinary shares subject to redemption	$ 0	$ 0	$ 0
Weighted average shares outstanding, Ordinary Shares	6,939,066	6,939,066	7,771,170
Basic net income (loss) per ordinary share	$ (0.74)	$ (0.74)	$ (1.12)
Restatement of common stock subject to redemption \| Class B Ordinary Shares
Statement of Operations
Weighted average shares outstanding, Ordinary Shares	6,161,957
Basic net income (loss) per ordinary share	$ (0.20)
As Previously Reported \| Restatement of warrants as derivative liabilities
Statement of Operations
Allocation of net income	$ (97,094)	$ (102,287)	$ (302,441)
Weighted average shares outstanding, Class A Ordinary Shares subject to possible redemption	24,055,131	24,055,131	24,049,383
Basic net income per share, Class A ordinary shares subject to redemption	$ 0	$ 0	$ 0
Diluted net income per share, Class A ordinary shares subject to redemption	$ 0	$ 0	$ 0
Weighted average shares outstanding, Ordinary Shares	7,136,202	6,395,746	6,803,844
Basic net income (loss) per ordinary share	$ (0.01)	$ (0.02)	$ (0.05)
Diluted net income (loss) per ordinary share	$ (0.01)	$ (0.02)	$ (0.05)
As Previously Reported \| Restatement of common stock subject to redemption \| Class B Ordinary Shares
Statement of Operations
Weighted average shares outstanding, Ordinary Shares	6,939,066
Basic net income (loss) per ordinary share	$ (0.74)
Adjustments \| Restatement of warrants as derivative liabilities
Statement of Operations
Change in fair value of warrant liabilities	$ (4,533,300)	$ (4,533,300)	$ (7,884,000)
Transaction costs allocable to warrants	(497,297)	(497,297)	(497,297)
Allocation of net income	$ (5,030,597)	$ (5,030,597)	$ (8,381,297)
Weighted average shares outstanding, Class A Ordinary Shares subject to possible redemption	(1,320,570)	(1,320,570)	(1,574,854)
Weighted average shares outstanding, Ordinary Shares	(197,136)	543,320	967,236
Basic net income (loss) per ordinary share	$ (0.73)	$ (0.72)	$ (1.07)
Diluted net income (loss) per ordinary share	$ (0.73)	$ (0.72)	$ (1.07)
Adjustments \| Restatement of common stock subject to redemption \| Class B Ordinary Shares
Statement of Operations
Weighted average shares outstanding, Ordinary Shares	(777,109)
Basic net income (loss) per ordinary share	$ 0.54

RESTATEMENTS OF PREVIOUSLY IS_4

RESTATEMENTS OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS- Restatement of warrants as derivative liabilities - Condensed Cash Flow Statement (Details) - USD ($)	3 Months Ended	6 Months Ended	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2020	Dec. 31, 2020
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net income (loss)			$ 8,683,738
Change in fair value of warrant liabilities			(7,884,000)
Transaction costs allocable to warrants			(497,297)
Restatement of warrants as derivative liabilities
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net income (loss)		$ (5,132,884)	(8,683,738)
Change in fair value of warrant liabilities	$ (4,533,300)	(4,533,300)	(7,884,000)
Transaction costs allocable to warrants	(497,297)	(497,297)	(497,297)
Ordinary shares subject to possible redemption		227,345,610	227,345,610
Change in value of Class A Ordinary Shares subject to possible redemption		(4,630,227)	(8,181,085)
As Previously Reported \| Restatement of warrants as derivative liabilities
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net income (loss)		(102,287)	(302,441)
Ordinary shares subject to possible redemption		240,551,310	240,551,310
Change in value of Class A Ordinary Shares subject to possible redemption		(96,927)	(297,085)
Adjustments \| Restatement of warrants as derivative liabilities
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net income (loss)		(5,030,597)	(8,381,297)
Change in fair value of warrant liabilities	(4,533,300)	(4,533,300)	(7,884,000)
Transaction costs allocable to warrants	$ (497,297)	(497,297)	(497,297)
Ordinary shares subject to possible redemption		(13,205,700)	(13,205,700)
Change in value of Class A Ordinary Shares subject to possible redemption		$ (4,533,300)	$ (7,884,000)

RESTATEMENTS OF PREVIOUSLY IS_5

RESTATEMENTS OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS - Restatement Of Common Stock subject to redemption (Details) - USD ($)	Jul. 20, 2020	Dec. 31, 2020	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2020	Dec. 31, 2021	Dec. 31, 2020	Mar. 19, 2020
BALANCE SHEET
Warrant liability		$ 21,089,700						$ 21,089,700
Class A ordinary shares subject to possible redemption		253,012,211						253,012,211
Accumulated deficit		(28,848,313)						(28,848,313)
Total Shareholders' Equity (Deficit)		(28,847,680)						(28,847,680)	$ 0
Number of Ordinary shares Subject to possible redemption				25,300,000
STATEMENT OF CHANGES IN SHAREHOLDERS' DEFICIT
Sale of 25,300,000 Units, net of underwriting discounts, offering costs and warrant liability (in shares)				25,300,000
Initial remeasurement of Class A ordinary share subject to redemption amount								22,506,531
Subsequent remeasurement of Class A ordinary share subject to redemption amount-Trust Interest								12,211
Total shareholders' equity (deficit)		(28,847,680)						(28,847,680)	$ 0
STATEMENT OF CASH FLOWS
Subsequent remeasurement of Class A ordinary shares to redemption value - Trust interest								12,211
Class A ordinary shares subject to possible redemption
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Minimum Net Tangible Assets							$ 5,000,001
Redemption value of share							$ 10
Class B Ordinary Shares
BALANCE SHEET
Ordinary shares		633						633
Restatement of common stock subject to redemption
BALANCE SHEET
Accumulated deficit	$ (20,655,014)	(28,848,313)	$ (25,291,081)		$ (25,291,081)	$ (25,291,081)		(28,848,313)
Total Shareholders' Equity (Deficit)	$ (20,654,381)	$ (28,847,680)	$ (25,290,448)		(25,290,448)	(25,290,448)		(28,847,680)
Number of Ordinary shares Subject to possible redemption	25,300,000	25,300,000	25,300,000
STATEMENT OF CHANGES IN SHAREHOLDERS' DEFICIT
Sale of 25,300,000 Units, net of underwriting discounts, offering costs and warrant liability (in shares)	25,300,000	25,300,000	25,300,000
Initial remeasurement of Class A ordinary share subject to redemption amount					22,506,531			22,506,531
Subsequent remeasurement of Class A ordinary share subject to redemption amount-Trust Interest						5,833		12,211
Total shareholders' equity (deficit)	$ (20,654,381)	$ (28,847,680)	$ (25,290,448)		(25,290,448)	(25,290,448)		(28,847,680)
STATEMENT OF CASH FLOWS
Initial remeasurement of Class A ordinary share subject to redemption amount						22,506,531		22,506,531
Subsequent remeasurement of Class A ordinary shares to redemption value - Trust interest								12,211
Restatement of common stock subject to redemption \| Class A Ordinary Shares
BALANCE SHEET
Class A ordinary shares subject to possible redemption	253,000,000	253,012,211	253,005,833		$ 253,005,833	$ 253,005,833		$ 253,012,211
STATEMENT OF OPERATIONS
Weighted average shares outstanding,					19,800,000	9,389,691		14,507,692
Basic and diluted net loss per ordinary share					$ (0.20)	$ (0.35)		$ (0.43)
Restatement of common stock subject to redemption \| Class B Ordinary Shares
STATEMENT OF OPERATIONS
Weighted average shares outstanding,						5,307,345		5,634,703
Weighted Average Shares Outstanding, Ordinary Shares					6,161,957
Basic and diluted net loss per ordinary share						$ (0.35)		$ (0.43)
Restatement of warrants as derivative liabilities
BALANCE SHEET
Warrant liability	13,205,700	21,089,700	17,739,000		$ 17,739,000	$ 17,739,000		$ 21,089,700
Additional Paid-in Capital	5,501,769	13,682,773	10,131,950		10,131,950	10,131,950		13,682,773
Accumulated deficit	(502,650)	(8,683,738)	(5,132,884)		$ (5,132,884)	$ (5,132,884)		$ (8,683,738)
STATEMENT OF OPERATIONS
Weighted Average Shares Outstanding, Ordinary Shares					6,939,066	6,939,066		7,771,170
STATEMENT OF CASH FLOWS
Change in value of Class A ordinary share subject to possible redemption						$ (4,630,227)		$ (8,181,085)
Restatement of warrants as derivative liabilities \| Class A Ordinary Shares
BALANCE SHEET
Class A ordinary shares subject to possible redemption	227,345,610	219,164,525	222,715,383		$ 222,715,383	222,715,383		219,164,525
Ordinary shares	257	338	303		303	303		338
As Previously Reported \| Restatement of common stock subject to redemption
BALANCE SHEET
Additional Paid-in Capital	5,501,769	13,682,773	10,131,950		10,131,950	10,131,950		13,682,773
Accumulated deficit	(502,650)	(8,683,738)	(5,132,884)		(5,132,884)	(5,132,884)		(8,683,738)
Total Shareholders' Equity (Deficit)	$ 5,000,009	$ 5,000,006	$ 5,000,002		5,000,002	5,000,002		5,000,006
Number of Ordinary shares Subject to possible redemption	22,734,561	21,915,395	22,271,025
STATEMENT OF CHANGES IN SHAREHOLDERS' DEFICIT
Sale of 25,300,000 Units, net of underwriting discounts, offering costs and warrant liability					230,493,469
Sale of 25,300,000 Units, net of underwriting discounts, offering costs and warrant liability (in shares)	22,734,561	21,915,395	22,271,025
Class A ordinary shares subject to possible redemption					(222,715,383)			219,164,525
Total shareholders' equity (deficit)	$ 5,000,009	$ 5,000,006	$ 5,000,002		5,000,002	5,000,002		5,000,006
STATEMENT OF CASH FLOWS
Change in value of Class A ordinary share subject to possible redemption						(4,630,227)		(8,181,085)
As Previously Reported \| Restatement of common stock subject to redemption \| Class A Ordinary Shares
BALANCE SHEET
Class A ordinary shares subject to possible redemption	227,345,610	219,164,525	222,715,383		222,715,383	222,715,383		219,164,525
Ordinary shares	257	338	303		$ 303	$ 303		$ 338
STATEMENT OF OPERATIONS
Weighted average shares outstanding,					22,734,561	22,734,561		22,474,529
As Previously Reported \| Restatement of common stock subject to redemption \| Class B Ordinary Shares
STATEMENT OF OPERATIONS
Weighted average shares outstanding,						6,939,066		7,771,170
Weighted Average Shares Outstanding, Ordinary Shares					6,939,066
Basic and diluted net loss per ordinary share						$ (0.74)		$ (1.12)
As Previously Reported \| Restatement of warrants as derivative liabilities
BALANCE SHEET
Additional Paid-in Capital	5,004,605	5,301,686	5,101,530		$ 5,101,530	$ 5,101,530		$ 5,301,686
Accumulated deficit	(5,353)	(302,441)	(102,287)		$ (102,287)	$ (102,287)		$ (302,441)
STATEMENT OF OPERATIONS
Weighted Average Shares Outstanding, Ordinary Shares					7,136,202	6,395,746		6,803,844
STATEMENT OF CASH FLOWS
Change in value of Class A ordinary share subject to possible redemption						$ (96,927)		$ (297,085)
As Previously Reported \| Restatement of warrants as derivative liabilities \| Class A Ordinary Shares
BALANCE SHEET
Class A ordinary shares subject to possible redemption	240,551,310	240,254,225	240,454,383		$ 240,454,383	240,454,383		240,254,225
Ordinary shares	124	128	126		126	126		128
Adjustments \| Restatement of common stock subject to redemption
BALANCE SHEET
Additional Paid-in Capital	(5,501,769)	(13,682,773)	(10,131,950)		(10,131,950)	(10,131,950)		(13,682,773)
Accumulated deficit	(20,152,364)	(20,164,575)	(20,158,197)		(20,158,197)	(20,158,197)		(20,164,575)
Total Shareholders' Equity (Deficit)	$ (25,654,390)	$ (33,847,686)	$ (30,290,450)		(30,290,450)	(30,290,450)		(33,847,686)
Number of Ordinary shares Subject to possible redemption	2,565,439	3,384,605	3,028,975
STATEMENT OF CHANGES IN SHAREHOLDERS' DEFICIT
Sale of 25,300,000 Units, net of underwriting discounts, offering costs and warrant liability					(230,493,469)
Sale of 25,300,000 Units, net of underwriting discounts, offering costs and warrant liability (in shares)	2,565,439	3,384,605	3,028,975
Class A ordinary shares subject to possible redemption					222,715,383			(219,164,525)
Initial remeasurement of Class A ordinary share subject to redemption amount					22,506,531			22,506,531
Subsequent remeasurement of Class A ordinary share subject to redemption amount-Trust Interest						5,833		12,211
Total shareholders' equity (deficit)	$ (25,654,390)	$ (33,847,686)	$ (30,290,450)		(30,290,450)	(30,290,450)		(33,847,686)
STATEMENT OF CASH FLOWS
Change in value of Class A ordinary share subject to possible redemption						4,630,227		8,181,085
Initial remeasurement of Class A ordinary share subject to redemption amount						22,506,531		22,506,531
Subsequent remeasurement of Class A ordinary shares to redemption value - Trust interest								12,211
Adjustments \| Restatement of common stock subject to redemption \| Class A Ordinary Shares
BALANCE SHEET
Class A ordinary shares subject to possible redemption	25,654,390	33,847,686	30,290,450		30,290,450	30,290,450		33,847,686
Ordinary shares	(257)	(338)	(303)		$ (303)	$ (303)		$ (338)
STATEMENT OF OPERATIONS
Weighted average shares outstanding,					(2,934,561)	(13,344,870)		(7,966,837)
Basic and diluted net loss per ordinary share					$ (0.20)	$ (0.35)		$ (0.43)
Adjustments \| Restatement of common stock subject to redemption \| Class B Ordinary Shares
STATEMENT OF OPERATIONS
Weighted average shares outstanding,						(1,631,721)		(2,136,467)
Weighted Average Shares Outstanding, Ordinary Shares					(777,109)
Basic and diluted net loss per ordinary share						$ 0.39		$ 0.69
Adjustments \| Restatement of warrants as derivative liabilities
BALANCE SHEET
Warrant liability	13,205,700	21,089,700	17,739,000		$ 17,739,000	$ 17,739,000		$ 21,089,700
Additional Paid-in Capital	497,164	8,381,087	(5,030,420)		(5,030,420)	(5,030,420)		8,381,087
Accumulated deficit	(497,297)	(8,381,297)	(5,030,597)		$ (5,030,597)	$ (5,030,597)		$ (8,381,297)
STATEMENT OF OPERATIONS
Weighted Average Shares Outstanding, Ordinary Shares					(197,136)	543,320		967,236
STATEMENT OF CASH FLOWS
Change in value of Class A ordinary share subject to possible redemption						$ (4,533,300)		$ (7,884,000)
Adjustments \| Restatement of warrants as derivative liabilities \| Class A Ordinary Shares
BALANCE SHEET
Class A ordinary shares subject to possible redemption	(13,205,700)	(21,089,700)	(17,739,000)		$ (17,739,000)	(17,739,000)		(21,089,700)
Ordinary shares	$ 133	$ 210	$ 177		$ 177	$ 177		$ 210

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Class A Ordinary Shares Subject to Possible Redemption (Details)	9 Months Ended
	Dec. 31, 2020USD ($)
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Gross proceeds	$ 253,000,000
Proceeds allocated to Public Warrants	(8,475,500)
Class A common stock issuance costs	(14,031,031)
Net proceeds	(22,506,531)
Initial remeasurement of carrying value to redemption value	22,506,531
Subsequent remeasurement of carrying value to redemption value - Trust interest	12,211
Total remeasurement of carrying value to redemption value	22,518,742
Remeasurement of carrying value to redemption value	22,506,531
Class A ordinary shares subject to redemption, at the end	$ 253,012,211

SUMMARY OF SIGNIFICANT ACCOUN_5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Reconciliation of Net Loss Per Ordinary Share (Details) - USD ($)	3 Months Ended	6 Months Ended	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2020	Dec. 31, 2020
Numerator:
Allocation of net income			$ (8,683,738)
Denominator:
Diluted net income (loss) per ordinary share	$ (0.74)	$ (0.74)	$ (1.12)
Class A Ordinary Shares
Numerator:
Allocation of net income			$ (6,254,519)
Denominator:
Basic weighted average shares outstanding			14,507,692
Diluted weighted average shares outstanding			14,507,692
Basic net income (loss) per ordinary share			$ (0.43)
Diluted net income (loss) per ordinary share			$ (0.43)
Class B Ordinary Shares
Numerator:
Allocation of net income			$ (2,429,219)
Denominator:
Basic weighted average shares outstanding			5,634,703
Diluted weighted average shares outstanding			5,634,703
Basic net income (loss) per ordinary share			$ (0.43)
Diluted net income (loss) per ordinary share			$ (0.43)

SUMMARY OF SIGNIFICANT ACCOUN_6

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Additional information (Details)	9 Months Ended
	Dec. 31, 2020USD ($)shares
Unrecognized tax benefits	$ 0
Amounts accrued for interest and penalties	0
Tax provision	$ 0
Initial Public Offering
Diluted weighted average shares outstanding \| shares	19,710,000

INITIAL PUBLIC OFFERING (Detail

INITIAL PUBLIC OFFERING (Details) - $ / shares	Jul. 20, 2020	Sep. 30, 2021
Subsidiary, Sale of Stock [Line Items]
Number of units issued (in shares)		25,300,000
Initial Public Offering
Subsidiary, Sale of Stock [Line Items]
Number of units issued (in shares)	25,300,000
Unit price	$ 10
Number of Class A ordinary shares in a unit	1
Number of Public Warrants in a unit	0.5
Number of Class A ordinary shares issuable per Public Warrant	1
Exercise price of Public Warrant	$ 11.50
Over-allotment option
Subsidiary, Sale of Stock [Line Items]
Number of units issued (in shares)	3,300,000

PRIVATE PLACEMENT (Details)

PRIVATE PLACEMENT (Details)	9 Months Ended
PRIVATE PLACEMENT (Details)	Dec. 31, 2020USD ($)$ / sharesshares
Subsidiary, Sale of Stock [Line Items]
Proceeds from issuance of warrants \| $	$ 7,060,000
Private Placement
Subsidiary, Sale of Stock [Line Items]
Number of warrants issued (in shares) \| shares	7,060,000
Price of warrants \| $ / shares	$ 1
Proceeds from issuance of warrants \| $	$ 7,060,000
Number of Class A ordinary shares issuable per Public Warrant \| shares	1
Exercise price of Public Warrant \| $ / shares	$ 11.50

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details)	Jul. 16, 2020shares	Jul. 15, 2020shares	Jun. 25, 2020USD ($)shares	Apr. 08, 2020USD ($)shares	Dec. 31, 2020USD ($)D$ / shares
Related Party Transaction [Line Items]
Threshold period for not to transfer, assign or sell any of their shares or warrants after the completion of the initial business combination					30 days
Advances from related parties \| $					$ 10,000
Founder Shares
Related Party Transaction [Line Items]
Ordinary shares subject to possible redemption (in shares) \| shares	0
Sponsor
Related Party Transaction [Line Items]
Aggregate purchase price \| $					$ 25,000
Sponsor \| Founder Shares
Related Party Transaction [Line Items]
Number of units sold, net of underwriting discounts and offering costs \| shares				5,750,000
Aggregate purchase price \| $				$ 25,000
Share dividend \| shares			20,000
Aggregate number of shares owned \| shares		6,325,000
Ordinary shares subject to possible redemption (in shares) \| shares		825,000
Percentage of issued and outstanding shares after the Initial Public Offering collectively held by initial stockholders		20.00%
Threshold period for not to transfer, assign or sell any of their shares or warrants after the completion of the initial business combination					1 year
Stock price trigger to transfer, assign or sell any shares or warrants of the company, after the completion of the initial business combination (in dollars per share) \| $ / shares					$ 12
Threshold trading days for transfer, assign or sale of shares or warrants, after the completion of the initial business combination \| D					20
Threshold consecutive trading days for transfer, assign or sale of shares or warrants, after the completion of the initial business combination \| D					30
Threshold period after the business combination in which the 20 trading days within any 30 trading day period commences					150 days
Advances from related parties \| $					$ 10,000
Outstanding advance amount \| $			$ 10,000

RELATED PARTY TRANSACTIONS - Ot

RELATED PARTY TRANSACTIONS - Others (Details) - USD ($)	9 Months Ended
RELATED PARTY TRANSACTIONS - Others (Details) - USD ($)	Dec. 31, 2020	Apr. 08, 2020
Related Party Transaction [Line Items]
Repayment of advances from related parties	$ 10,000
Administrative Services Agreement
Related Party Transaction [Line Items]
Expenses per month	10,000
Expenses incurred	55,000
Related Party Transaction, Expenses from Transactions with Related Party	55,000
Promissory Note with Related Party
Related Party Transaction [Line Items]
Maximum borrowing capacity of related party promissory note		$ 300,000
Repayment of advances from related parties	300,000
Related Party Loans
Related Party Transaction [Line Items]
Maximum Loans Convertible Into Warrants	$ 1,500,000
Price of warrants (in dollars per share)	$ 1

COMMITMENTS (Details)

COMMITMENTS (Details)	9 Months Ended
COMMITMENTS (Details)	Dec. 31, 2020USD ($)item$ / shares	Dec. 31, 2020BRL (R$)item
Loss Contingencies [Line Items]
Maximum number of demands for registration of securities \| item	3	3
Deferred fee per unit \| $ / shares	$ 0.35
Deferred underwriting fee payable	$ 8,855,000
Consulting fees payable per month	1,200	R$ 6600
Consulting fees incurred and paid	$ 3,300
Non Participated Initial Public Offering
Loss Contingencies [Line Items]
Deferred fee per unit \| $ / shares	$ 0.175
Deferred underwriting fee payable	$ 4,427,500

SHAREHOLDERS' DEFICIT (Details)

SHAREHOLDERS' DEFICIT (Details)	Dec. 31, 2020$ / sharesshares
SHAREHOLDERS' DEFICIT
Preferred shares, shares authorized	5,000,000
Preferred shares, par value \| $ / shares	$ 0.0001
Preferred shares, shares issued	0
Preferred shares, shares outstanding	0

SHAREHOLDERS' DEFICIT - Common

SHAREHOLDERS' DEFICIT - Common Stock (Details)	9 Months Ended
SHAREHOLDERS' DEFICIT - Common Stock (Details)	Dec. 31, 2020Vote$ / sharesshares
Class A Ordinary Shares
Class of Stock [Line Items]
Voting rights per share \| Vote	1
Common shares, par value (in dollars per share) \| $ / shares	$ 0.0001
Common shares, shares authorized (in shares)	500,000,000
Common shares, shares issued (in shares)	0
Common shares, shares outstanding (in shares)	0
Ordinary shares subject to possible redemption outstanding (in shares)	25,300,000
Class A ordinary shares subject to possible redemption
Class of Stock [Line Items]
Ordinary shares subject to possible redemption outstanding (in shares)	25,300,000
Class B Ordinary Shares
Class of Stock [Line Items]
Voting rights per share \| Vote	1
Basis for conversion of convertible common stock	1
Threshold conversion ratio of stock	20.00%
Common shares, par value (in dollars per share) \| $ / shares	$ 0.0001
Common shares, shares authorized (in shares)	50,000,000
Common shares, shares issued (in shares)	6,325,000
Common shares, shares outstanding (in shares)	6,325,000

WARRANTS (Details)

WARRANTS (Details)	9 Months Ended
WARRANTS (Details)	Dec. 31, 2020D$ / shares
Class of Warrant or Right [Line Items]
Threshold issue price for capital raising purposes in connection with the closing of a Business Combination	$ 9.20
Percentage of gross proceeds on total equity proceeds	60.00%
Threshold trading days for calculating Market Value \| D	20
Threshold period for not to transfer, assign or sell any of their shares or warrants after the completion of the initial business combination	30 days
Warrant
Class of Warrant or Right [Line Items]
Public Warrants exercisable term after the completion of a business combination	30 days
Public Warrants exercisable term from the closing of the initial public offering	12 months
Public Warrants expiration term	5 years
Threshold period for filling registration statement after business combination	15 days
Threshold period for registration statement to be effective after which warrants can be exercised on a cashless basis	60 days
Warrant \| Redemption of Warrants When the Price per Class A Ordinary Share Equals or Exceeds $18.00
Class of Warrant or Right [Line Items]
Stock price trigger for redemption of public warrants (in dollars per share)	$ 18
Redemption price per public warrant (in dollars per share)	$ 0.01
Minimum threshold written notice period for redemption of public warrants	30 days
Threshold trading days for redemption of public warrants \| D	20
Threshold consecutive trading days for redemption of public warrants \| D	30
Threshold number of business days before sending notice of redemption to warrant holders	3
Adjustment of exercise price of warrants based on market value and newly issued price (as a percent)	115.00%
Warrant \| Redemption of Warrants When the Price per Class A Ordinary Share Equals or Exceeds $10.00
Class of Warrant or Right [Line Items]
Stock price trigger for redemption of public warrants (in dollars per share)	$ 10
Redemption price per public warrant (in dollars per share)	$ 0.10
Minimum threshold written notice period for redemption of public warrants	30 days
Adjustment one of redemption price of stock based on market value and newly issued price (as a percent)	180.00%
Private Placement Warrants \| Redemption of Warrants When the Price per Class A Ordinary Share Equals or Exceeds $18.00
Class of Warrant or Right [Line Items]
Stock price trigger for redemption of public warrants (in dollars per share)	$ 18

FAIR VALUE MEASUREMENTS - Asset

FAIR VALUE MEASUREMENTS - Assets and Liabilities at fair value (Details)	Dec. 31, 2020USD ($)
Liabilities:
Warrant liability	$ 21,089,700
Recurring \| Level 1
Assets:
Cash and marketable securities held in Trust Account	253,012,211
Warrant \| Recurring \| Level 1
Liabilities:
Warrant liability	13,535,500
Private Placement Warrants \| Recurring \| Level 3
Liabilities:
Warrant liability	$ 7,554,200

FAIR VALUE MEASUREMENTS - Quant

FAIR VALUE MEASUREMENTS - Quantitative information regarding Level 3 fair value measurements (Details) - Level 3	Dec. 31, 2020$ / shares	Jul. 20, 2020$ / shares
Exercise price
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Input	11.50	11.50
Stock price
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Input	10.02	9.66
Volatility
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Input	17.5	13.9
Term
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Input	5	5
Risk-free rate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Input	0.35	0.32
Dividend yield
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Input	0	0

FAIR VALUE MEASUREMENTS - Chang

FAIR VALUE MEASUREMENTS - Changes in the fair value of Level 3 warrant liabilities (Details) - Level 3 - USD ($)	Sep. 30, 2020	Dec. 31, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Initial measurement on July 20, 2020 (Initial Public Offering)		$ 13,205,700
Change in fair value		(5,733,500)
Transfers out of Level 3		(11,385,000)
Fair value as of September 30, 2021		7,554,200
Warrant
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Initial measurement on July 20, 2020 (Initial Public Offering)		8,475,500
Change in fair value		(2,909,500)
Transfers out of Level 3	$ (11,385,000)	(11,385,000)
Private Placement Warrants
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Initial measurement on July 20, 2020 (Initial Public Offering)		4,730,200
Change in fair value		(2,824,000)
Fair value as of September 30, 2021		$ 7,554,200

FAIR VALUE MEASUREMENTS - Addit

FAIR VALUE MEASUREMENTS - Additional Information (Details) - Level 3 - USD ($)	Sep. 30, 2020	Dec. 31, 2020
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Transfers out of Level 3		$ 11,385,000
Warrant
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Transfers out of Level 3	$ 11,385,000	$ 11,385,000