0001213900-21-044794.txt : 20210825 0001213900-21-044794.hdr.sgml : 20210825 20210825162125 ACCESSION NUMBER: 0001213900-21-044794 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20210825 ITEM INFORMATION: Submission of Matters to a Vote of Security Holders ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20210825 DATE AS OF CHANGE: 20210825 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Tortoise Acquisition Corp. II CENTRAL INDEX KEY: 0001819584 STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770] IRS NUMBER: 000000000 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-39508 FILM NUMBER: 211207113 BUSINESS ADDRESS: STREET 1: 5100 W. 115TH PLACE CITY: LEAWOOD STATE: KS ZIP: 66211 BUSINESS PHONE: (913) 981-1020 MAIL ADDRESS: STREET 1: 5100 W. 115TH PLACE CITY: LEAWOOD STATE: KS ZIP: 66211 8-K 1 ea146412-8k_tortoiseacq2.htm CURRENT REPORT
0001819584 false 0001819584 2021-08-25 2021-08-25 0001819584 SNPR:UnitsEachConsistingOfOneClassOrdinaryShare0.0001ParValueAndOnefourthOfOneRedeemableWarrantMember 2021-08-25 2021-08-25 0001819584 SNPR:ClassOrdinarySharesIncludedAsPartOfUnitsMember 2021-08-25 2021-08-25 0001819584 SNPR:RedeemableWarrantsIncludedAsPartOfUnitsEachWholeWarrantExercisableForOneClassOrdinaryShareAtExercisePriceOf11.50Member 2021-08-25 2021-08-25 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of report (Date of earliest event reported): August 25, 2021 

 

TORTOISE ACQUISITION CORP. II

(Exact Name of Registrant as Specified in Charter)

 

Cayman Islands   001-39508   98-1550630

(State of incorporation

or organization)

   (Commission File Number)  

(I.R.S. Employer

Identification Number)

 

6363 College Boulevard

Overland Park, KS

   66211
(Address of principal executive offices)   (Zip Code)

 

(913) 981-1020

(Registrant’s telephone number, including area code)

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions:

 

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading symbol(s)  

Name of each exchange on

which registered

Units, each consisting of one Class A Ordinary Share, $0.0001 par value, and one-fourth of one redeemable warrant   SNPR.U   New York Stock Exchange
Class A Ordinary Shares included as part of the units   SNPR   New York Stock Exchange
Redeemable warrants included as part of the units, each whole warrant exercisable for one Class A Ordinary Share at an exercise price of $11.50   SNPR WS   New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2).

 

Emerging growth company ☒

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ 

 

 

 

 

 

 

Item 5.07 Submission of Matters to a Vote of Security Holders.

 

On August 25, 2021, Tortoise Acquisition Corp. II, a Cayman Islands exempted company (the “Company” and, after the Domestication and Business Combination, as described below, “New Volta”), convened an extraordinary general meeting (the “Meeting”). At the Meeting, the Company’s shareholders voted on the proposals set forth below, each of which is described in greater detail in the definitive proxy statement/prospectus (File No. 333-256173) filed by the Company with the U.S. Securities and Exchange Commission (the “SEC”) on August 2, 2021.

 

There were 43,125,000 ordinary shares issued and outstanding on July 15, 2021, the record date (the “Record Date”) for the Meeting. At the Meeting, there were 25,604,071 shares present in person, online or represented by proxy, representing approximately 59.37% of the total outstanding ordinary shares of the Company as of the Record Date, which constituted a quorum.

 

A summary of the voting results for each proposal is set forth below.

 

Proposal No. 1 – The Business Combination Proposal

 

The shareholders approved by ordinary resolution and adopted the Business Combination Agreement and Plan of Reorganization, dated as of February 7, 2021 (the “Business Combination Agreement”), among the Company, SNPR Merger Sub I, Inc., a Delaware corporation and a direct wholly owned subsidiary of the Company (“First Merger Sub”), SNPR Merger Sub II, LLC, a Delaware limited liability company and a direct wholly owned subsidiary of the Company (“Second Merger Sub”), and Volta Industries, Inc., a Delaware corporation (“Volta”), pursuant to which (i) First Merger Sub will merge with and into Volta (the “First Merger”), with Volta surviving the merger as a wholly owned subsidiary of New Volta (the time at which the First Merger becomes effective, the “Effective Time”), and (ii) as soon as practicable, but in any event within three days following the Effective Time and as part of the same overall transaction as the First Merger, Volta (as the surviving entity of the First Merger) will merge with and into Second Merger Sub (the “Second Merger” and, together with the First Merger and all other transactions contemplated by the Business Combination Agreement, the “Business Combination”), with Second Merger Sub surviving the merger as a wholly owned subsidiary of New Volta, and approved by ordinary resolution the Business Combination, including the issuance and reservation for issuance of shares in connection therewith. The voting results were as follows:

 

Votes For

  

Votes Against

  

Abstentions

24,476,701   1,110,985   16,385

 

Proposal No. 2 – The Domestication Proposal

 

The shareholders approved by special resolution the change of the Company’s jurisdiction of incorporation by deregistering as an exempted company in the Cayman Islands and continuing and domesticating as a corporation incorporated under the laws of the State of Delaware (the “Domestication”). The voting results were as follows:

 

Votes For

  

Votes Against

  

Abstentions

24,542,280   1,037,884   23,907

 

Proposal No. 3 – The Organizational Documents Proposal

 

The shareholders approved by special resolution the replacement of the Company’s Amended and Restated Memorandum and Articles of Association (the “Existing Organizational Documents”) and adoption of the proposed certificate of incorporation (the “Proposed Certificate of Incorporation”) and the proposed new bylaws (the “Proposed Bylaws” and, together with the Proposed Certificate of Incorporation, the “Proposed Organizational Documents”). The voting results were as follows:

 

Votes For

  

Votes Against

  

Abstentions

24,531,335   1,043,293   29,443

 

1

 

 

The Advisory Organizational Documents Proposals

 

The shareholders approved, on a non-binding advisory basis, by ordinary resolution the following governance provisions in the Proposed Organizational Documents, which were presented separately in accordance with SEC guidance to give shareholders the opportunity to present their separate views on important corporate governance provisions:

 

Proposal No. 4A – The Authorized Shares Proposal

 

The shareholders approved, on a non-binding advisory basis, by ordinary resolution the change in the authorized share capital of the Company from (a) 200,000,000 Class A ordinary shares, par value $0.0001, 20,000,000 Class B ordinary shares, par value $0.0001, and 1,000,000 preference shares, par value $0.0001, to (b) 350,000,000 shares of New Volta Class A common stock, par value $0.0001 (the “New Volta Class A Common Stock”), 50,000,000 shares of New Volta Class B common stock, par value $0.0001 (the “New Volta Class B Common Stock”), and 10,000,000 shares of New Volta preferred stock, par value $0.0001 (the “New Volta Preferred Stock”). The voting results were as follows:

 

Votes For

  

Votes Against

  

Abstentions

24,021,113   1,517,980   64,978

 

Proposal No. 4B – The Voting Power Proposal

 

The shareholders approved, on a non-binding advisory basis, by ordinary resolution a provision in the Existing Organizational Documents providing that, except as otherwise expressly provided by the Proposed Certificate of Incorporation or as provided by law, the holders of New Volta Class A Common Stock and New Volta Class B Common Stock shall at all times vote together as a single class on all matters; provided however, that, except as otherwise required by law, holders of shares of New Volta Class A Common Stock and New Volta Class B Common Stock shall not be entitled to vote on any amendment to the Proposed Certificate of Incorporation that relates solely to the terms of one or more outstanding series of New Volta Preferred Stock if the holders of such affected series are entitled, either separately or together as a class with the holders of one or more other such series, to vote thereon pursuant to the Proposed Certificate of Incorporation, and that, except as otherwise expressly provided in the Proposed Certificate of Incorporation or by applicable law, each holder of New Volta Class A Common Stock shall have the right to one vote per share of New Volta Class A Common Stock held of record by such holder and each holder of New Volta Class B Common Stock shall have the right to ten votes per share of New Volta Class B Common Stock held of record by such holder. The voting results were as follows:

 

Votes For

  

Votes Against

  

Abstentions

24,162,161   1,391,995   49,915

 

Proposal No. 4C – The Director Removal Proposal

 

The shareholders approved, on a non-binding advisory basis, by ordinary resolution that, subject to the rights of any New Volta Preferred Stock, directors on New Volta’s board of directors (the “New Volta Board”) may only be removed for cause and by the affirmative vote of the holders of at least two-thirds of the voting power of then-outstanding shares entitled to vote in the election of directors, voting together as a single class. The voting results were as follows:

 

Votes For

  

Votes Against

  

Abstentions

24,060,067   1,474,728   69,276

 

2

 

 

Proposal No. 4D – The Adoption of Supermajority Vote Requirement to Amend the Proposed Organizational Documents Proposal

 

The shareholders approved, on a non-binding advisory basis, by ordinary resolution that the affirmative vote of at least two-thirds of the voting power of the then-outstanding shares be required to (a) adopt, amend or repeal the Proposed Bylaws, and to (b) amend or repeal or adopt any provision inconsistent with Sections 1.2 and 2 of Article IV, or Article V, Article VI, Article VIII, Article IX, Article X or Article XI or Section 1 of Article XII of the Proposed Certificate of Incorporation (provided that if two-thirds of the New Volta Board approved such adoption, amendment or repeal of the Proposed Organizational Documents, then only the affirmative vote of the majority of the holders of the then-outstanding shares will be required). The voting results were as follows:

 

Votes For

  

Votes Against

  

Abstentions

23,953,091   1,567,236   83,744

 

Proposal No. 4E – The Exclusive Forum Provision Proposal

 

The shareholders approved, on a non-binding advisory basis, by ordinary resolution the adoption of the Court of Chancery of the State of Delaware (or, if and only if the Court of Chancery of the State of Delaware lacks subject matter jurisdiction, any state court located within the State of Delaware or, if and only if all such state courts lack subject matter jurisdiction, the federal district court for the District of Delaware) as the sole and exclusive forum for the following types of actions or proceedings under Delaware statutory or common law: (a) any derivative action or proceeding brought on behalf of New Volta; (b) any action or proceeding asserting a claim of breach of a fiduciary duty owed by any current or former director, officer or other employee of New Volta or any stockholder to New Volta or New Volta’s stockholders; (c) any action or proceeding asserting a claim against New Volta or any current or former director, officer or other employee of New Volta or any stockholder in such stockholder’s capacity as such arising out of or pursuant to any provision of the General Corporation Law of the State of Delaware (the “DGCL”) or the Proposed Organizational Documents (as each may be amended from time to time); (d) any action or proceeding to interpret, apply, enforce or determine the validity of the Proposed Organizational Documents (including any right, obligation or remedy thereunder); (e) any action or proceeding as to which the DGCL confers jurisdiction to the Court of Chancery of the State of Delaware; and (f) any action asserting a claim against New Volta or any director, officer or other employee of New Volta or any stockholder, governed by the internal affairs doctrine, in all cases to the fullest extent permitted by law and subject to the court’s having personal jurisdiction over the indispensable parties named as defendants; such exclusive forum provision will not apply to suits brought to enforce a duty or liability created by the Securities Act of 1933, as amended (the “Securities Act”), or the Securities Exchange Act of 1934, as amended, or any other claim for which the federal courts have exclusive jurisdiction; and unless New Volta consents in writing to the selection of an alternative forum, to the fullest extent permitted approved by law, the federal district courts of the United States of America shall be the exclusive forum for the resolution of any complaint asserting a cause of action arising under the Securities Act. The voting results were as follows:

 

Votes For

  

Votes Against

  

Abstentions

24,168,311   1,364,820   70,940

 

Proposal No. 4F – The Action by Written Consent of Stockholders Proposal

 

The shareholders approved, on a non-binding advisory basis, by ordinary resolution that, subject to the rights of any New Volta Preferred Stock then-outstanding, any action required or permitted to be taken by New Volta’s stockholders must be effected at a duly called annual or special meeting of such stockholders and may not be effected by written consent of the stockholders. The voting results were as follows:

 

Votes For

  

Votes Against

  

Abstentions

24,120,924   1,433,691   49,456

 

3

 

 

Proposal No. 4G – The Corporate Name Proposal

 

The shareholders approved, on a non-binding advisory basis, by ordinary resolution changing the name of the Company to “Volta Inc.” The voting results were as follows:

 

Votes For

  

Votes Against

  

Abstentions

24,548,163   1,032,194   23,714

 

Proposal No. 4H – The Perpetual Existence Proposal

 

The shareholders approved, on a non-binding advisory basis, by ordinary resolution making New Volta’s corporate existence perpetual. The voting results were as follows:

 

Votes For

  

Votes Against

  

Abstentions

24,525,748   1,044,022   34,301

 

Proposal No. 4I – The Provisions Related to Status as a Blank Check Company Proposal

 

The shareholders approved, on a non-binding advisory basis, by ordinary resolution removing provisions from the Existing Organizational Documents related to the Company’s status as a blank check company, which will no longer apply upon consummation of the Business Combination, as the Company will cease to be a blank check company at such time. The voting results were as follows:

 

Votes For

  

Votes Against

  

Abstentions

24,536,550   1,042,146   25,375

 

Proposal No. 5 – The PIPE Proposal

 

The shareholders approved by ordinary resolution, for purposes of complying with the applicable listing rules of the New York Stock Exchange, the issuance and sale of 30,000,000 shares of New Volta Class A Common Stock in a private offering of securities to certain investors in connection with the Business Combination, which shall occur substantially concurrently with, and is contingent upon, the consummation of the transactions contemplated by the Business Combination Agreement. The voting results were as follows:

 

Votes For

  

Votes Against

  

Abstentions

24,373,059   1,178,645   52,367

 

Proposal No. 6 – The 2021 Plan Proposal

 

The shareholders approved and adopted by ordinary resolution the New Volta 2021 Equity Incentive Plan and the material terms thereunder. The voting results were as follows:

 

Votes For

  

Votes Against

  

Abstentions

24,120,958   1,435,342   47,771

 

4

 

 

Proposal No. 7 – The Founder Plan Proposal

 

The shareholders approved and adopted by ordinary resolution the New Volta Founder Incentive Plan and the material terms thereunder. The voting results were as follows:

 

Votes For

  

Votes Against

  

Abstentions

24,348,095   1,193,847   62,129

 

Proposal No. 8 – The ESPP Proposal

 

The shareholders approved and adopted by ordinary resolution the Employee Stock Purchase Plan, including the authorization of the initial share reserve under the Employee Stock Purchase Plan. The voting results were as follows:

 

Votes For

  

Votes Against

  

Abstentions

25,458,323   93,473   52,275

 

Proposal No. 9 – The Director Election Proposal

 

The shareholders approved by ordinary resolution the election of, effective immediately after the effective time of the Second Merger, three directors to serve until the 2022 annual meeting of stockholders, three directors to serve until the 2023 annual meeting of stockholders and two directors to serve until the 2024 annual meeting of stockholders, and until their respective successors are duly elected and qualified, subject to such directors’ earlier death, resignation, retirement, disqualification or removal. The voting results were as follows:

 

Nominee  Votes For   Withheld 
Scott Mercer   8,625,000    0 
Christopher Wendel   8,625,000    0 
Eli Aheto   8,625,000    0 
Vincent T. Cubbage   8,625,000    0 
Martin Lauber   8,625,000    0 
Katherine Savitt   8,625,000    0 
Bonita Stewart   8,625,000    0 
John Tough   8,625,000    0 

 

Proposal No. 10 – The Adjournment Proposal

 

The shareholders approved by ordinary resolution the adjournment of the extraordinary general meeting to a later date or dates, if necessary or appropriate, to permit further solicitation and vote of proxies in the event that there are insufficient votes for, or otherwise in connection with, the other proposals. The voting results were as follows:

 

Votes For

  

Votes Against

  

Abstentions

23,816,711   1,748,572   38,788

 

5

 

 

Item 8.01. Other Events.

 

Shareholders holding 24,222,287 of the Company’s ordinary shares exercised their right to redeem such shares for a pro rata portion of the funds in the Company’s trust account (“Trust Account”). As a result, approximately $242,236,609 (or approximately $10.00 per share) will be removed from the Trust Account to pay such holders.

 

On August 25, 2021, the Company issued a press release announcing the results of the Meeting. A copy of the press release is filed as Exhibit 99.1 hereto.

 

Item 9.01. Financial Statements and Exhibits. 

 

(d) Exhibits.

 

Exhibit No.   Exhibit
99.1   Press Release dated August 25, 2021.
104   Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

6

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

 

Dated: August 25, 2021

 

  TORTOISE ACQUISITION CORP. II
     
  By: /s/ Vincent T. Cubbage
    Name:  Vincent T. Cubbage
    Title: Chief Executive Officer and President

 

 

7

 

 EX-99.1 2 ea146412ex99-1_tortoiseacq.htm PRESS RELEASE DATED AUGUST 25, 2021

Exhibit 99.1

 

Tortoise Acquisition Corp. II Announces Shareholder

Approval of Business Combination with Volta Industries, Inc.

 

OVERLAND PARK, KS, August 25, 2021 – Tortoise Acquisition Corp. II (NYSE: SNPR) (“TortoiseCorp II”), a publicly-traded special purpose acquisition company, today announced that its shareholders voted to approve the previously announced business combination with Volta Industries, Inc. (“Volta Charging”), an industry leader in commerce-centric electric vehicle (“EV”) charging networks with over 1,700 EV chargers across 24 territories and states, and all other proposals presented at TortoiseCorp II’s extraordinary general meeting of shareholders (the “Extraordinary General Meeting”) held on August 25, 2021.

 

Approximately 96% of the votes cast on the business combination proposal at the Extraordinary General Meeting were in favor of approving the business combination. TortoiseCorp II plans to file the results of the Extraordinary General Meeting, as tabulated by an independent inspector of election, in a Current Report on Form 8-K with the U.S. Securities and Exchange Commission (the “SEC”) today.

 

Subject to the satisfaction or waiver of the other customary closing conditions, the business combination is expected to close on August 26, 2021. Following closing, TortoiseCorp II will change its name from “Tortoise Acquisition Corp. II” to “Volta Inc.” and its common stock and warrants are expected to begin trading on the New York Stock Exchange under the ticker symbols “VLTA” and “VLTA WS,” respectively, on August 27, 2021.

 

About TortoiseCorp II

 

TortoiseCorp II is a special purpose acquisition company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. TortoiseCorp II’s expertise spans across the entire energy and infrastructure value chain. TortoiseCorp II’s strategy is to combine with a company to take advantage of the global opportunities created by the energy transition including clean energy generation and storage, alternative fuels and transportation, technological advances and changes in energy policies. To learn more, visit www.tortoisespac.com.

 

About Volta Charging

 

Volta Charging is an industry leader in commerce-centric EV charging networks. Volta Charging’s vision is to build EV charging networks that capitalize on and catalyze the shift from combustion-powered miles to electric miles by placing stations where consumers live, work, shop and play. By leveraging a data-driven understanding of driver behavior to deliver EV charging solutions that fit seamlessly into drivers’ daily routines, Volta Charging’s goal is to benefit consumers, brands and real-estate locations while helping to build the infrastructure of the future. As part of Volta Charging’s unique EV charging offering, its stations allow it to enhance its site hosts’ and strategic partners’ core commercial interests, creating a new means for them to benefit from the transformative shift to electric mobility. To learn more, visit www.voltacharging.com.

 

 

 

 

Forward-Looking Statements

 

The information in this press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding TortoiseCorp II’s proposed acquisition of Volta Charging and TortoiseCorp II’s ability to consummate the transaction are forward-looking statements. When used in this press release, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Except as otherwise required by applicable law, TortoiseCorp II disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release. TortoiseCorp II cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of TortoiseCorp II. In addition, TortoiseCorp II cautions you that the forward-looking statements contained in this press release are subject to the following factors: (i) the occurrence of any event, change or other circumstances that could delay the business combination or give rise to the termination of the agreements related thereto; (ii) the outcome of any legal proceedings that may be instituted against TortoiseCorp II or Volta Charging; (iii) the inability to complete the business combination due to the failure to satisfy other conditions to closing in the transaction agreement; (iv) the risk that the proposed business combination disrupts TortoiseCorp II’s or Volta Charging’s current plans and operations; (v) Volta Charging’s ability to realize the anticipated benefits of the business combination, which may be affected by, among other things, competition and the ability of Volta Charging to grow and manage growth profitably following the business combination; (vi) costs related to the business combination; (vii) changes in applicable laws or regulations; and (viii) the possibility that Volta Charging may be adversely affected by other economic, business, and/or competitive factors. Should one or more of the risks or uncertainties described in this press release, or should underlying assumptions prove incorrect, actual results and plans could different materially from those expressed in any forward-looking statements. Additional information concerning these and other factors that may impact the operations and financial results of TortoiseCorp II and Volta Charging can be found in TortoiseCorp II’s periodic filings with the SEC, including TortoiseCorp II’s Annual Report on Form 10-K/A for the year ended December 31, 2020 filed with the SEC on May 6, 2021 and Quarterly Report on Form 10-Q for the six months ended June 30, 2021 filed with the SEC on August 13, 2021, as well as TortoiseCorp II’s definitive proxy statement/prospectus filed with the SEC on August 2, 2021. TortoiseCorp II’s SEC filings are available publicly on the SEC’s website at www.sec.gov.

Investor Contact:

 

Morrow Sodali LLC

Donna Corso or Ryan Loveless

(800) 662-5200

(Banks and Brokers call collect at (203) 658-9400)

SNPR.info@investor.morrowsodali.com

 

 

 

 

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Security Exchange Name NYSE
Class A Ordinary Shares included as part of the units  
Affiliate, Collateralized Security [Line Items]  
Title of 12(b) Security Class A Ordinary Shares included as part of the units
Trading Symbol SNPR
Security Exchange Name NYSE
Redeemable warrants included as part of the units, each whole warrant exercisable for one Class A Ordinary Share at an exercise price of $11.50  
Affiliate, Collateralized Security [Line Items]  
Title of 12(b) Security Redeemable warrants included as part of the units, each whole warrant exercisable for one Class A Ordinary Share at an exercise price of $11.50
Trading Symbol SNPR WS
Security Exchange Name NYSE
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