QUARTERLY FINANCIAL INFORMATION (UNAUDITED) (Table)

7 Months Ended

Dec. 31, 2020

QUARTERLY FINANCIAL INFORMATION (UNAUDITED)

Schedule of quarterly financial information

	As of September 30, 2020
	As Previously		Restatement
	Reported		Adjustment		As Restated
Balance Sheet
Total assets	$	545,356,337	$	—	$	545,356,337
Liabilities and shareholders’ equity
Total current liabilities	$	144,624	$	—	$	144,624
Deferred underwriting commissions		13,614,452		—		13,614,452
Derivative warrant liabilities		—		35,253,220		35,253,220
Total liabilities		13,759,076		35,253,220		49,012,296
Class A ordinary shares, $0.0001 par value; shares subject to possible redemption shareholders’ equity		526,597,260		(35,253,220)		491,344,040
Preference shares - $0.0001 par value		—		—		—
Class A ordinary shares - $0.0001 par value		174		352		526
Class B ordinary shares - $0.0001 par value		1,379		—		1,379
Additional paid-in-capital		5,139,931		16,602,788		21,742,719
Accumulated deficit		(141,483)		(16,603,140)		(16,744,623)
Total shareholders’ equity		5,000,001		—		5,000,001
Total liabilities and shareholders’ equity	$	545,356,337	$	—	$	545,356,337

	Three Months Ended September 30, 2020
	As Previously		Restatement
	Reported		Adjustment		As Restated
Unaudited Condensed Statement of Operations
Loss from operations	$	(126,442)	$	—	$	(126,442)
Other (expense) income:
Change in fair value of derivative warrant liabilities		—		(16,024,190)		(16,024,190)
Financing cost - derivative warrant liabilities		—		(578,950)		(578,950)
Net gain from investments held in Trust Account		2,139		—		2,139
Total other (expense) income		2,139		(16,603,140)		(16,601,001)
Net loss	$	(124,303)	$	(16,603,140)	$	(16,727,443)
Basic and Diluted weighted-average Class A ordinary shares outstanding		54,279,556				54,279,556
Basic and Diluted net loss per Class A share	$	—			$	0.00
Basic and Diluted weighted-average Class B ordinary shares outstanding		12,935,010				12,935,010
Basic and Diluted net loss per Class B share	$	(0.01)	$	(1.28)	$	(1.29)

	Period From June 12, 2020 (Inception) Through September 30, 2020
	As Previously		Restatement
	Reported		Adjustment		As Restated
Unaudited Condensed Statement of Operations
Loss from operations	$	(143,622)	$	—	$	(143,622)
Other (expense) income:
Change in fair value of warrant liabilities		—		(16,024,190)		(16,024,190)
Financing cost		—		(578,950)		(578,950)
Net gain from investments held in Trust Account		2,139		—		2,139
Total other (expense) income		2,139		(16,603,140)		(16,601,001)
Net loss	$	(141,483)	$	(16,603,140)	$	(16,744,623)
Basic and Diluted weighted-average Class A ordinary shares outstanding		54,279,556				54,279,556
Basic and Diluted net loss per Class A share	$	—			$	—
Basic and Diluted weighted-average Class B ordinary shares outstanding		12,935,010				12,935,010
Basic and Diluted net loss per Class B share	$	(0.01)	$	(1.28)	$	(1.29)

	Period From June 12, 2020 (Inception) Through September 30, 2020
	As Previously		Restatement
	Reported		Adjustment		As Restated
Unaudited Condensed Statement of Cash Flows
Net loss	$	(141,483)	$	(16,603,140)	$	(16,744,623)
Adjustment to reconcile net loss to net cash used in operating activities		(307,061)		16,603,140		16,296,079
Net cash used in operating activities		(448,544)		—		(448,544)
Net cash used in investing activities		(543,986,470)		—		(543,986,470)
Net cash provided by financing activities		545,413,196		—		545,413,196
Net change in cash	$	978,182	$	—	$	978,182