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Description of Organization, Business Operations and Basis of Presentation (Tables)
9 Months Ended
Sep. 30, 2021
Description of Organization, Business Operations and Basis of Presentation  
Schedule of impact of the revision on the financial statements

 As Reported

(As

Previously

Reported in

Balance Sheet as of March 31, 2021 (unaudited)

    

Form 10-Q)

    

Adjustment

    

As Restated

Class A ordinary shares subject to possible redemption

 

$

682,524,260

 

$

67,475,740

 

$

750,000,000

Class A ordinary shares

$

676

$

(674)

$

2

Additional paid-in capital

$

$

$

Retained earnings (accumulated deficit)

$

4,997,453

$

(67,475,067)

$

(62,477,614)

Total shareholders’ equity (deficit)

$

5,000,004

$

(67,475,741)

$

(62,475,737)

Number of shares subject to possible redemption

68,252,426

6,747,574

75,000,000

Balance Sheet as of June 30, 2021(unaudited)

Class A ordinary shares subject to possible redemption

$

678,698,060

$

71,301,940

$

750,000,000

Class A ordinary shares

$

715

$

(713)

$

2

Additional paid-in capital

$

$

$

Retained earnings (accumulated deficit)

$

4,997,415

$

(71,301,226)

$

(66,303,811)

Total shareholders’ equity (deficit)

$

5,000,005

$

(71,301,939)

$

(66,301,934)

Number of shares subject to possible redemption

67,869,806

7,130,194

75,000,000

Statement of Operations for the three months ended March 31, 2021 (unaudited)

Weighted average shares outstanding, Class A ordinary shares

75,000,000

75,017,111

Basic and diluted net income per share, Class A ordinary shares

$

0.00

$

0.09

$

0.09

Weighted average shares outstanding, Class B ordinary shares

18,750,000

18,750,000

Basic and diluted net income per share, Class B ordinary shares

$

0.46

$

(0.37)

$

0.09

Statement of Operations for the three months ended June 30, 2021 (unaudited)

Weighted average shares outstanding, Class A ordinary shares

75,000,000

75,020,000

Basic and diluted net income (loss) per share, Class A ordinary shares

$

0.00

$

(0.04)

$

(0.04)

Weighted average shares outstanding, Class B ordinary shares

18,750,000

18,750,000

Basic and diluted net loss per share, Class B ordinary shares

$

(0.20)

$

0.16

$

(0.04)

Statement of Operations for the six months ended June 30, 2021 (unaudited)

Weighted average shares outstanding, Class A ordinary shares

75,000,000

75,018,564

Basic and diluted net income per share, Class A ordinary shares

$

0.00

$

0.05

$

0.05

Weighted average shares outstanding, Class B ordinary shares

18,750,000

18,750,000

Basic and diluted net income per share, Class B ordinary shares

$

0.26

$

(0.21)

$

0.05

Statement of Cash Flows for the three months ended March 31, 2021 (unaudited)

Change in value of common stock subject to possible redemption

$

8,671,530

$

(8,671,530)

Statement of Cash Flows for the six months ended June 30, 2021 (unaudited)

Change in value of common stock subject to possible redemption

$

4,845,330

$

(4,845,330)