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CONDENSED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 8 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2020
Sep. 30, 2021
General and administrative expenses $ 898,976 $ 81 $ 13,845 $ 3,566,745
Loss from operations (898,976) (81) (13,845) (3,566,745)
Investment income earned on investments held in Trust Account 108,012 0 0 165,167
Offering costs associated with warrants recorded as liabilities 0 0 0 (1,677,518)
Change in fair value of warrant liabilities 14,590,580 0 0 25,208,969
Total other income 14,698,592 0 0 23,696,618
Net income (loss) 13,799,616 (81) (13,845) 20,129,873
Class A Ordinary Shares        
Net income (loss) $ 11,039,693 $ 0 $ 0 $ 16,103,898
Basic weighted average shares outstanding (in shares) 100,000,000 0 0 100,000,000
Diluted weighted average shares outstanding (in shares) 100,000,000 0 0 100,000,000
Basic net income per share (in dollars per share) $ 0.11 $ 0 $ 0 $ 0.16
Diluted net income per share (in dollars per share) $ 0.11 $ 0 $ 0 $ 0.16
Class B Ordinary Shares        
Net income (loss) $ 2,759,923 $ (81) $ (13,845) $ 4,025,975
Basic weighted average shares outstanding (in shares) [1] 25,000,000 25,000,000 25,000,000 25,000,000
Diluted weighted average shares outstanding (in shares) [1] 25,000,000 25,000,000 25,000,000 25,000,000
Basic net income per share (in dollars per share) $ 0.11 $ (0.00) $ (0.00) $ 0.16
Diluted net income per share (in dollars per share) $ 0.11 $ (0.00) $ 0.00 $ 0.16
[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 September 30, 2020 have been retroactively restated to account for the share recapitalization events as discussed in Note 5.