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Condensed Balance Sheets - USD ($)
Jun. 30, 2021
Dec. 31, 2020
Current Assets:    
Cash $ 449,773 $ 25,000
Prepaid expenses 383,813
Total current assets 833,586 25,000
Deferred offering costs associated with proposed initial public offering 131,695
Other assets 384,996
Cash equivalents held in Trust Account 250,008,083
Total Assets 251,226,665 156,695
Current Liabilities:    
Accrued expenses 46,630 94,560
Payables to related party 424,773 37,640
Sponsor loan - promissory notes 1,040,144
Franchise tax payable 90,909
Total Current Liabilities 1,602,456 132,200
Warrant liability 9,386,666
Forward purchase securities liability 2,218,092
Total Liabilities 13,207,214 132,200
Commitments and Contingencies (Note 5)
Class A common stock, subject to possible redemption, 23,301,945 shares at redemption value of $10.00 per share as of June 30, 2021 233,019,450
Stockholders’ Equity:    
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding as of both June 30, 2021 and December 31, 2020
Common stock, Class A, $0.0001 par value; 240,000,000 shares authorized; 2,298,055 issued and outstanding (excluding 23,301,945 shares subject to possible redemption) as of June 30, 2021 and no shares issued and outstanding as of December 31, 2020 230
Common stock, Class B, $0.0001 par value; 30,000,000 shares authorized; 6,250,000 and 7,187,500 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively 625 719
Additional paid-in capital 7,113,662 24,281
Accumulated deficit (2,114,516) (505)
Total Stockholders’ Equity 5,000,001 24,495
Total Liabilities and Stockholders’ Equity $ 251,226,665 $ 156,695