Annual report pursuant to Section 13 and 15(d)

Statements of Changes in Shareholders' Equity

v3.20.4
Statements of Changes in Shareholders' Equity - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Balance – January 1, 2020 at Dec. 31, 2018 $ 287 $ 24,713 $ (28,977) $ (3,997)
Balance, shares at Dec. 31, 2018 2,875,000      
Sale of 10,800,000 Units, net of underwriting discounts $ 1,080 104,794,469 104,795,549
Sale of 10,800,000 Units, net of underwriting discounts, shares 10,800,000      
Sale of 395,000 Private Units $ 40 3,949,960 3,950,000
Sale of 395,000 Private Units, shares 395,000      
Forfeiture of Founder Shares $ (17) 17
Forfeiture of Founder Shares, shares (175,000)      
Ordinary shares subject to possible redemption $ (1,035) (105,502,956) (105,503,991)
Ordinary shares subject to possible redemption, shares (10,344,550)      
Net income (loss) 1,762,447 1,762,447
Balance – December 31, 2020 at Dec. 31, 2019 $ 355 3,266,203 1,733,450 5,000,008
Balance, shares at Dec. 31, 2019 3,550,450      
Change in value of ordinary shares subject to possible redemption $ 10 583,677 583,687
Change in value of ordinary shares subject to possible redemption, shares 99,554      
Net income (loss) (583,689) (583,689)
Balance – December 31, 2020 at Dec. 31, 2020 $ 365 $ 3,849,880 $ 1,149,761 $ 5,000,006
Balance, shares at Dec. 31, 2020 3,650,004