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Balance Sheets - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Current assets –    
Cash $ 842,000 $ 20,000
Prepaid expenses 183,000  
Deferred offering costs 205,000
Total current assets 1,025,000 225,000
Cash and investments held in Trust Account 300,075,000
Total assets 301,100,000 225,000
Current liabilities –    
Accounts payable, including in 2021, offering costs of $70,000 135,000 6,000
Accrued liabilities 2,673,000
Note payable to Sponsor 199,000
Total current liabilities 2,808,000 205,000
Other liabilities –    
Warrant liability 12,920,000
Deferred underwriting compensation 10,500,000
Total liabilities 26,202,000 205,000
Commitments and contingencies –
Class A ordinary shares subject to possible redemption; 30,000,000 shares, (at $10.00 per share) at December 31, 2021, none at December 31, 2020 300,000,000
Shareholders’ equity (deficit) –    
Preference shares, $0.0001 par value; 5,000,000 shares authorized, none issued or outstanding
Class A ordinary shares, $0.0001 par value, 500,000,000 authorized shares, -0- issued and outstanding at December 31, 2021 and 2020 (excluding 30,000,000 shares subject to possible redemption at December 31, 2021)
Class B ordinary shares, $0.0001 par value, 50,000,000 authorized shares, 7,500,000 shares issued and outstanding at December 31, 2021 and 2020 1,000 1,000
Additional paid-in-capital 24,000
Accumulated deficit (25,129,000) (5,000)
Total shareholders’ equity (deficit) (25,128,000) 20,000
Total liabilities and shareholders’ equity (deficit) $ 301,100,000 $ 225,000