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CONDENSED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY - USD ($)
Total
Additional Paid-in Capital
Retained Earnings (Accumulated Deficit)
Class A Ordinary Shares Subject To Redemotion
Class A Ordinary Shares Subject To Redemotion
Common Stock
Class A Ordinary Shares Subject To Redemotion
Additional Paid-in Capital
Class A Ordinary Shares
Class A Ordinary Shares
Common Stock
Class B Ordinary Shares
Class B Ordinary Shares
Common Stock
Beginning Balance (in shares) at Jan. 23, 2020               0   0
Beginning Balance at Jan. 23, 2020 $ 0 $ 0 $ 0         $ 0   $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income (loss) (112,317)   (112,317)              
Ending Balance (in shares) at Mar. 31, 2020               0   0
Ending Balance at Mar. 31, 2020 (112,317) 0 (112,317)         $ 0   $ 0
Beginning Balance (in shares) at Dec. 31, 2020         0   0 0 [1] 25,000,000 [2] 25,000,000 [1]
Beginning Balance at Dec. 31, 2020 [1] 11,155 22,500 (13,845)         $ 0   $ 2,500
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Stock issuance (in shares)               100,000,000    
Sale of Units in initial public offering, net of underwriter commissions, offering expenses and fair value of warrants 915,532,727 915,522,727           $ 10,000    
Shares subject to possible redemption (in shares)               (93,092,438)    
Shares subject to possible redemption       $ (930,924,380) $ (9,309) $ (930,915,071)        
Net income (loss) 20,380,504   20,380,504              
Ending Balance (in shares) at Mar. 31, 2021             6,907,562 6,907,562 25,000,000 25,000,000
Ending Balance at Mar. 31, 2021 $ 5,000,006 $ (15,369,844) $ 20,366,659         $ 691   $ 2,500
[1] On February 4, 2021, the Company consummated the sale of Over-Allotment Units pursuant to the underwriters’ partial exercise of their over-allotment option. Share amounts as of December 31, 2020 have been retroactively restated to account for the share recapitalization events as discussed in Note 5.
[2] On February 4, 2021, the Company consummated the sale of Over-Allotment Units pursuant to the underwriters’ partial exercise of their over-allotment option. Share amounts as of December 31, 2020 have been retroactively restated to account for the share recapitalization events as discussed in Note 5.