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Restatement of Previously Issued Financial Statements (Tables)
12 Months Ended
Dec. 31, 2020
Accounting Changes And Error Corrections [Abstract]  
Summary of Effect of the Restatement on Financial Statement Line Items

The following table summarizes the effect of the restatement on each financial statement line items as of December 31, 2020, or for the year ended December 31, 2020, as indicated:

 

 

 

December 31, 2020

 

 

 

As Previously

Reported

 

 

Adjustments

 

 

As Restated

 

Balance Sheet:

 

 

 

 

 

 

 

 

 

 

 

 

Derivative liabilities

 

$

 

 

$

59,536,667

 

 

$

59,536,667

 

Total current liabilities

 

 

533,908

 

 

 

59,536,667

 

 

 

60,070,575

 

Total liabilities

 

 

16,283,908

 

 

 

59,536,667

 

 

 

75,820,575

 

Redeemable Equity

 

 

429,534,010

 

 

 

20,471,927

 

 

 

450,005,937

 

Class A ordinary shares

 

 

205

 

 

 

(205

)

 

 

 

Additional paid-in capital

 

 

5,644,534

 

 

 

(5,644,534

)

 

 

 

Accumulated deficit

 

 

(645,860

)

 

 

(74,363,855

)

 

 

(75,009,715

)

Total shareholders' (deficit) equity

 

 

5,000,004

 

 

 

(80,008,594

)

 

 

(75,008,590

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Year Ended December 31, 2020

 

 

 

As Previously

Reported

 

 

Adjustments

 

 

As Restated

 

Statement of Operations:

 

 

 

 

 

 

 

 

 

 

 

 

Professional fees, offering costs and other expenses

 

$

643,303

 

 

$

752,751

 

 

$

1,396,054

 

Change in fair value of derivatives

 

 

 

 

 

31,926,667

 

 

 

31,926,667

 

Loss from operations

 

 

(643,303

)

 

 

(32,679,418

)

 

 

(33,322,721

)

Net loss attributable to ordinary shares

 

 

(637,366

)

 

 

(32,679,418

)

 

 

(33,316,784

)

Basic and diluted net loss per Class A ordinary share

 

 

 

 

 

(2.58

)

 

 

(2.58

)

Basic and diluted net loss per Class F ordinary share

 

 

 

 

 

(0.37

)

 

 

(0.37

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Statement of Cash Flows:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss attributable to ordinary shares

 

$

(637,366

)

 

$

(32,679,418

)

 

$

(33,316,784

)

Change in accrued professional fees and other expenses

 

 

440,322

 

 

 

752,751

 

 

 

1,193,073

 

Change in fair value of derivatives

 

 

 

 

 

31,926,667

 

 

 

31,926,667