Document and Entity Information - USD ($) |
12 Months Ended | ||
---|---|---|---|
Dec. 31, 2020 |
Mar. 08, 2021 |
Jun. 30, 2020 |
|
Entity Registrant Name | EXPERIENCE INVESTMENT CORP. | ||
Entity Central Index Key | 0001779128 | ||
Document Type | 10-K/A | ||
Document Period End Date | Dec. 31, 2020 | ||
Current Fiscal Year End Date | --12-31 | ||
Document Fiscal Year Focus | 2020 | ||
Document Fiscal Period Focus | FY | ||
Amendment Flag | true | ||
Amendment Description | This Amendment No. 1 (this "Report") to the Annual Report on Form 10-K/A amends the Annual Report on Form 10-K of Experience Investment Corp. for the fiscal year ended December 31, 2020, as filed with the Securities and Exchange Commission ("SEC") on March 10, 2021 (the "Original Filing"). On April 12, 2021, the staff of the Securities and Exchange Commission (the "SEC Staff") issued a public statement entitled "Staff Statement on Accounting and Reporting Considerations for Warrants issued by Special Purpose Acquisition Companies ("SPACs")" (the "SEC Staff Statement"). In the SEC Staff Statement, the SEC Staff expressed its view that certain terms and conditions common to SPAC warrants may require the warrants to be classified as liabilities rather than equity on a SPAC's balance sheet. Since their issuance on September 13, 2019, our warrants have been accounted for as equity within our balance sheet. After discussion and evaluation, including with our registered public accounting firm and our audit committee, and taking into consideration the SEC Staff Statement, we have concluded that our warrants should be presented as liabilities with subsequent fair value remeasurement. | ||
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 Shell Company | true | ||
ICFR Auditor Attestation Flag | false | ||
Entity Public Float | $ 274,175,000 | ||
Entity Well Known Seasoned Issuer | No | ||
Entity Voluntary Filers | No | ||
Entity Ex Transition Period | false | ||
Class A Common stock | |||
Title of 12(b) Security | Shares of Class A common stock, par value $0.0001 per share | ||
Entity Common Stock, Shares Outstanding | 27,500,000 | ||
Trading Symbol | EXPC | ||
Security Exchange Name | NASDAQ | ||
Class B Common stock | |||
Entity Common Stock, Shares Outstanding | 6,875,000 | ||
Units, each consisting of one share of Class A Common Stock and one-third of one Redeemable Warrant | |||
Title of 12(b) Security | Units, each consisting of one share of Class A common stock, $0.0001 par value,and one-third of one redeemable warrant | ||
Trading Symbol | EXPCU | ||
Security Exchange Name | NASDAQ | ||
Warrants, each whole warrant exercisable for one share of Class A Common Stock for $11.50 per share | |||
Title of 12(b) Security | Warrants, each whole warrant exercisable for one share of Class A common stock for $11.50 per share | ||
Trading Symbol | EXPCW | ||
Security Exchange Name | NASDAQ |